HUAIHE ENERGY (GROUP) CO LTD

HUAIHE ENERGY (GROUP) CO LTD — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
+Revenue	30.0B	27.3B	25.4B	22.8B	12.9B	11.5B	11.1B	9.6B	6.8B	7.8B	19.3B	35.1B	27.8B	30.1B	4.0B	126.0M	179.0M	161.0M	157.0M	167.0M
Revenue Growth %	9.8%	7.7%	11.4%	76.3%	12.4%	3.6%	16.0%	41.5%	-13.7%	-59.5%	-45.0%	26.1%	-7.4%	642.1%	3114.3%	-29.6%	11.2%	2.5%	-6.0%	--
Total Revenue	30.0B	27.3B	25.4B	22.8B	12.9B	11.5B	11.1B	9.6B	6.8B	7.8B	19.3B	35.1B	27.8B	30.1B	4.0B	126.0M	179.0M	161.0M	157.0M	167.0M
Cost Of Revenue	28.2B	25.6B	23.7B	21.4B	11.9B	10.5B	10.0B	8.3B	5.6B	6.3B	18.6B	34.2B	26.7B	28.8B	3.9B	82.9M	97.1M	77.0M	69.4M	67.4M
+Gross Profit	1.8B	1.7B	1.7B	1.4B	1.1B	1.0B	1.1B	1.2B	1.1B	1.5B	725.0M	907.0M	1.1B	1.3B	179.0M	43.1M	81.9M	84.0M	87.6M	99.6M
Gross Margin %	6.1%	6.2%	6.7%	6.1%	8.3%	8.7%	9.9%	13.1%	16.9%	19.4%	3.8%	2.6%	4.0%	4.3%	4.4%	34.2%	45.8%	52.2%	55.8%	59.6%
Total Operating Cost	29.3B	26.7B	25.0B	22.3B	12.6B	11.2B	10.8B	9.1B	6.4B	7.1B	29.9B	35.0B	27.6B	29.6B	4.0B	126.0M	139.0M	115.0M	98.2M	103.0M
Selling Expenses	60.8M	51.8M	45.6M	44.0M	31.5M	28.5M	26.2M	21.0M	20.4M	31.2M	94.2M	120.0M	99.6M	83.9M	18.0M	--	--	--	--	--
Admin Expenses	436.0M	502.0M	455.0M	417.0M	411.0M	418.0M	392.0M	349.0M	347.0M	324.0M	217.0M	242.0M	255.0M	187.0M	65.6M	31.7M	35.9M	32.6M	29.6M	31.0M
Rd Expenses	180.0M	179.0M	151.0M	101.0M	7.1M	353,400	669,400	218,900	--	--	--	--	--	--	--	--	--	--	--	--
Finance Expenses	211.0M	182.0M	150.0M	172.0M	187.0M	208.0M	239.0M	290.0M	265.0M	338.0M	389.0M	307.0M	60.0M	468.0M	54.4M	6.7M	-276,800	-1.5M	-6.1M	-1.2M
+Operating Income	968.0M	1.1B	675.0M	635.0M	555.0M	754.0M	691.0M	675.0M	495.0M	747.0M	-1.8B	125.0M	236.0M	453.0M	23.9M	3.9M	43.7M	46.3M	58.5M	64.2M
Operating Margin %	3.2%	3.9%	2.7%	2.8%	4.3%	6.6%	6.2%	7.1%	7.3%	9.5%	-9.4%	0.4%	0.8%	1.5%	0.6%	3.1%	24.4%	28.7%	37.3%	38.5%
Non Operating Income	101.0M	19.2M	7.6M	16.2M	4.2M	231.0M	6.4M	9.8M	76.4M	109.0M	77.1M	27.0M	8.1M	18.9M	11.6M	469,400	539,600	304,500	--	25,500
Non Operating Expenses	52.4M	49.3M	43.0M	14.5M	13.6M	13.1M	17.1M	131.0M	31.5M	6.0M	405.0M	2.8M	1.7M	10.2M	1.7M	687,700	1.8M	3.4M	206,500	724,000
Investment Income	241.0M	270.0M	244.0M	117.0M	172.0M	206.0M	178.0M	138.0M	93.8M	24.3M	8.8B	164,000	2.4M	5.6M	4.4M	3.8M	3.6M	748,300	-448,800	-25,400
Asset Disposal Income	--	54.4M	4,000	--	13,800	185.0M	478,200	-2.3M	8.3M	--	--	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	124.0M	--	387.0M	--	--	4.2M	3.6M	10.2M	20.9M	21.3M	10.6B	56.0M	398.0M	58.8M	11.0M	147,100	75,600	1.6M	126,600	--
Other Income	44.4M	107.0M	32.4M	14.4M	54.7M	43.7M	189.0M	80.2M	--	--	--	--	--	--	--	--	--	--	--	--
Income Before Tax	1.0B	1.0B	640.0M	636.0M	546.0M	971.0M	681.0M	554.0M	540.0M	850.0M	-2.1B	150.0M	242.0M	462.0M	33.8M	3.7M	42.5M	43.2M	58.3M	63.5M
Income Tax	101.0M	148.0M	173.0M	97.9M	31.1M	39.1M	111.0M	101.0M	49.1M	171.0M	124.0M	102.0M	112.0M	138.0M	14.6M	131,400	9.1M	15.6M	25.2M	23.7M
+Net Income	915.0M	878.0M	467.0M	538.0M	515.0M	932.0M	570.0M	452.0M	491.0M	679.0M	-2.3B	48.0M	130.0M	324.0M	19.1M	3.6M	33.3M	27.6M	33.1M	39.8M
Net Margin %	3.0%	3.2%	1.8%	2.4%	4.0%	8.1%	5.1%	4.7%	7.3%	8.7%	-11.7%	0.1%	0.5%	1.1%	0.5%	2.8%	18.6%	17.1%	21.1%	23.8%
Net Income Attributable	858.0M	840.0M	284.0M	436.0M	475.0M	880.0M	416.0M	320.0M	473.0M	576.0M	-2.3B	48.7M	129.0M	324.0M	19.1M	3.6M	33.3M	27.6M	33.1M	39.8M
Minority Interest	57.5M	37.9M	182.0M	102.0M	39.6M	52.1M	154.0M	132.0M	18.5M	103.0M	-9.8M	-669,100	834,800	--	--	2,800	-400.00	6,700	-800.00	-3,200
Eps Basic	0.22	0.22	0.07	0.11	0.12	0.23	0.11	0.08	0.12	0.15	-0.86	0.02	0.11	0.31	0.03	0.01	0.09	0.08	0.19	0.34
Eps Diluted	0.22	0.22	0.07	0.11	0.12	0.17	0.11	0.08	0.12	0.15	-0.86	0.02	0.11	0.31	0.03	0.01	--	--	--	--

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash And Equivalents	2.7B	2.5B	2.5B	2.0B	1.4B	1.6B	968.0M	1.1B	2.3B	1.5B	808.0M	5.1B	4.1B	3.4B	1.5B	147.0M	124.0M	66.3M	109.0M	192.0M
Trading Financial Assets	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	3.7M
Accounts Receivable	1.7B	1.8B	1.4B	1.7B	1.1B	855.0M	1.0B	918.0M	618.0M	766.0M	434.0M	4.8B	4.1B	1.5B	1.2B	13.5M	15.9M	13.9M	10.7M	10.2M
Notes Receivable	--	--	--	--	--	--	395.0M	424.0M	394.0M	283.0M	959.0M	4.6B	4.1B	5.2B	1.3B	8.9M	20.0M	14.5M	31.9M	30.1M
Notes And Accounts Receivable	1.7B	1.8B	1.4B	1.7B	1.1B	855.0M	1.4B	1.3B	1.0B	1.0B	1.4B	9.4B	8.2B	6.7B	2.5B	22.4M	35.9M	28.4M	42.6M	40.3M
Prepayments	103.0M	161.0M	243.0M	248.0M	225.0M	110.0M	43.4M	133.0M	13.4M	37.1M	40.5M	6.0B	3.2B	2.9B	2.3B	19,600	311,300	413,700	602,100	138,100
Inventory	818.0M	1.0B	698.0M	478.0M	819.0M	388.0M	667.0M	498.0M	698.0M	409.0M	502.0M	597.0M	749.0M	1.0B	815.0M	2.4M	2.7M	2.3M	1.9M	2.4M
Total Current Assets	6.3B	6.4B	5.4B	5.0B	4.7B	3.9B	3.5B	3.6B	4.3B	3.2B	3.0B	21.2B	17.6B	14.1B	7.2B	181.0M	164.0M	101.0M	157.0M	239.0M
Long Term Equity Investment	3.3B	3.5B	3.4B	3.3B	3.3B	3.3B	962.0M	869.0M	790.0M	152.0M	150.0M	156.0M	158.0M	9.0M	56.0M	51.7M	51.3M	47.8M	4.7M	4.9M
Fixed Assets	--	10.1B	8.2B	7.3B	7.3B	7.8B	9.6B	10.2B	11.1B	10.9B	2.5B	2.6B	2.6B	1.5B	1.6B	494.0M	327.0M	323.0M	202.0M	210.0M
Fixed Assets Total	9.4B	10.1B	8.2B	7.3B	7.3B	7.8B	9.6B	10.2B	11.1B	10.9B	2.5B	2.6B	2.6B	1.5B	1.6B	494.0M	327.0M	323.0M	202.0M	210.0M
Construction In Progress	--	1.1B	3.1B	559.0M	305.0M	51.9M	224.0M	63.8M	4.4M	100.0M	326.0M	240.0M	134.0M	566.0M	17.8M	27.6M	154.0M	17.1M	111.0M	49.7M
Construction In Progress Total	1.5B	1.1B	3.1B	559.0M	305.0M	51.9M	224.0M	63.8M	4.4M	100.0M	326.0M	240.0M	134.0M	566.0M	17.8M	27.6M	154.0M	17.1M	111.0M	49.7M
Intangible Assets	1.8B	1.9B	1.9B	1.8B	1.8B	1.8B	2.3B	2.2B	2.3B	2.2B	773.0M	839.0M	859.0M	754.0M	654.0M	52.9M	54.1M	55.4M	56.5M	30.4M
Long Term Deferred Expenses	596.0M	364.0M	264.0M	375.0M	5.4M	6.1M	5.3M	6.1M	6.8M	7.7M	8.5M	10.1M	10.6M	11.1M	9.8M	--	--	--	--	--
Total Non Current Assets	16.8B	17.1B	17.1B	13.5B	12.9B	13.2B	13.3B	13.7B	14.4B	13.6B	4.3B	4.2B	4.1B	3.0B	2.5B	664.0M	588.0M	444.0M	378.0M	295.0M
Total Assets	23.1B	23.5B	22.5B	18.4B	17.6B	17.1B	16.8B	17.3B	18.7B	16.7B	7.3B	25.4B	21.7B	17.1B	9.7B	846.0M	752.0M	545.0M	535.0M	534.0M
Short Term Borrowings	1.3B	1.4B	1.3B	1.6B	2.0B	1.9B	1.6B	1.8B	2.5B	1.8B	--	5.1B	4.8B	1.2B	900.0M	30.0M	80.0M	--	--	--
Accounts Payable	2.1B	2.9B	1.8B	1.2B	1.1B	550.0M	756.0M	738.0M	885.0M	759.0M	445.0M	1.7B	828.0M	716.0M	433.0M	39.1M	22.0M	8.2M	8.0M	5.5M
Advance Receipts	--	--	--	--	--	62.5M	133.0M	126.0M	16.7M	84.0M	74.6M	679.0M	602.0M	1.3B	419.0M	89,500	410,300	101,400	204,500	46,400
Contract Liabilities	357.0M	215.0M	137.0M	126.0M	190.0M	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	5.4B	6.5B	6.6B	4.7B	5.0B	4.2B	3.6B	4.6B	5.8B	4.0B	2.2B	18.9B	16.8B	13.5B	7.0B	138.0M	124.0M	30.0M	38.0M	50.7M
Long Term Borrowings	4.1B	3.7B	1.6B	1.7B	1.2B	1.6B	3.0B	2.9B	2.5B	3.2B	--	--	250.0M	370.0M	130.0M	110.0M	80.0M	--	--	--
Total Non Current Liabilities	4.8B	4.7B	4.2B	2.5B	1.7B	2.0B	3.0B	3.0B	3.4B	4.8B	1.6B	1.6B	465.0M	551.0M	181.0M	176.0M	80.0M	--	--	--
Total Liabilities	10.2B	11.2B	10.8B	7.1B	6.7B	6.3B	6.6B	7.6B	9.2B	8.8B	3.8B	20.5B	17.3B	14.1B	7.2B	315.0M	204.0M	30.0M	38.0M	50.7M
Paid In Capital	3.9B	3.9B	3.9B	3.9B	3.9B	3.9B	3.9B	3.9B	3.9B	2.9B	2.9B	2.4B	1.2B	1.0B	523.0M	356.0M	356.0M	178.0M	119.0M	119.0M
Capital Reserve	4.8B	4.8B	5.1B	5.0B	5.0B	5.0B	5.0B	5.0B	5.2B	5.1B	2.5B	2.0B	2.6B	1.5B	1.8B	50.2M	49.4M	227.0M	287.0M	288.0M
Surplus Reserve	442.0M	404.0M	333.0M	308.0M	251.0M	191.0M	118.0M	118.0M	118.0M	118.0M	118.0M	118.0M	39.6M	32.7M	32.7M	32.7M	32.5M	32.5M	26.7M	22.5M
Retained Earnings	2.2B	1.9B	1.1B	861.0M	482.0M	454.0M	-353.0M	-769.0M	-1.1B	-1.6B	-2.1B	264.0M	487.0M	426.0M	108.0M	89.2M	107.0M	76.7M	64.5M	53.2M
Minority Equity	1.5B	1.4B	1.5B	1.4B	1.3B	1.3B	1.5B	1.4B	1.4B	1.4B	127.0M	74.0M	53.0M	--	--	--	502,500	503,000	496,300	997,000
Equity Attributable	11.5B	10.9B	10.2B	9.9B	9.6B	9.5B	8.7B	8.2B	8.1B	6.5B	3.4B	4.8B	4.3B	3.0B	2.5B	531.0M	548.0M	514.0M	496.0M	483.0M
Total Equity	13.0B	12.3B	11.8B	11.3B	11.0B	10.8B	10.1B	9.7B	9.5B	8.0B	3.5B	4.9B	4.4B	3.0B	2.5B	531.0M	548.0M	515.0M	497.0M	484.0M

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash From Sales	34.4B	31.1B	29.9B	23.7B	12.3B	10.8B	10.6B	8.8B	7.4B	9.7B	24.1B	46.7B	33.8B	31.3B	4.0B	109.0M	156.0M	158.0M	140.0M	164.0M
Tax Refunds Received	598,300	197,600	2.2M	2.0M	9.7M	2.7M	2.1M	32.5M	--	--	--	4.3M	2.5M	1.2M	1.4M	--	--	--	--	--
Total Operating Cash Inflow	34.6B	31.4B	30.1B	23.9B	12.5B	11.0B	10.9B	9.1B	7.6B	10.0B	28.5B	46.7B	33.8B	31.4B	4.0B	110.0M	158.0M	161.0M	151.0M	170.0M
Cash Paid For Goods	29.0B	27.4B	25.3B	19.9B	9.0B	7.6B	7.2B	5.7B	4.1B	5.9B	24.0B	45.0B	35.9B	29.0B	3.8B	27.9M	38.3M	34.3M	30.6M	37.2M
Cash Paid To Employees	2.0B	1.9B	1.8B	1.7B	1.4B	1.5B	1.4B	1.3B	1.1B	1.1B	428.0M	482.0M	409.0M	377.0M	150.0M	55.4M	52.9M	50.2M	49.7M	31.1M
Taxes Paid	617.0M	781.0M	1.0B	535.0M	512.0M	533.0M	704.0M	686.0M	723.0M	875.0M	304.0M	401.0M	427.0M	241.0M	18.8M	14.2M	20.5M	21.9M	35.6M	19.1M
Total Operating Cash Outflow	31.9B	30.4B	28.4B	22.3B	11.1B	9.8B	9.6B	7.8B	6.2B	9.2B	24.9B	46.0B	36.9B	29.7B	4.0B	104.0M	121.0M	116.0M	125.0M	99.9M
Operating Cash Flow	2.8B	979.0M	1.7B	1.6B	1.3B	1.1B	1.3B	1.3B	1.4B	843.0M	3.6B	728.0M	-3.1B	1.6B	25.4M	6.1M	37.0M	44.3M	26.4M	70.6M
Total Investing Cash Inflow	232.0M	476.0M	163.0M	783.0M	1.1B	1.1B	804.0M	718.0M	943.0M	3.1B	2.4B	131.0M	182.0M	159.0M	1.3B	6.1M	1.9M	2.4M	4.5M	2.1M
Total Investing Cash Outflow	2.2B	1.5B	936.0M	1.2B	1.3B	1.1B	1.0B	1.8B	1.8B	4.5B	7.1B	758.0M	1.1B	517.0M	109.0M	50.6M	137.0M	77.5M	88.8M	48.0M
Investing Cash Flow	-2.0B	-1.0B	-773.0M	-405.0M	-230.0M	-49.3M	-215.0M	-1.1B	-858.0M	-1.4B	-4.7B	-627.0M	-910.0M	-357.0M	1.2B	-44.5M	-135.0M	-75.1M	-84.2M	-45.9M
Cash From Borrowings	2.5B	4.7B	2.0B	2.5B	2.3B	2.3B	2.4B	3.3B	3.2B	2.6B	7.4B	7.4B	6.2B	3.0B	820.0M	120.0M	160.0M	--	--	--
Dividends And Interest Paid	734.0M	370.0M	208.0M	195.0M	613.0M	387.0M	380.0M	375.0M	444.0M	512.0M	435.0M	682.0M	265.0M	134.0M	104.0M	23.9M	4.1M	11.9M	23.7M	47.4M
Debt Repayments	2.3B	2.2B	2.3B	2.7B	2.9B	3.0B	3.2B	3.6B	3.7B	2.0B	7.1B	7.3B	2.6B	2.6B	595.0M	110.0M	--	--	--	--
Total Financing Cash Inflow	2.7B	4.8B	2.1B	2.6B	2.3B	2.9B	2.4B	3.3B	4.4B	4.1B	8.9B	8.9B	7.7B	3.2B	820.0M	199.0M	160.0M	--	--	500,000
Total Financing Cash Outflow	3.3B	4.8B	2.6B	3.1B	3.6B	3.4B	3.6B	4.6B	4.1B	3.0B	7.8B	8.1B	2.9B	2.8B	717.0M	139.0M	4.1M	11.9M	25.0M	47.4M
Financing Cash Flow	-598.0M	60.3M	-476.0M	-584.0M	-1.3B	-472.0M	-1.2B	-1.3B	264.0M	1.1B	1.1B	796.0M	4.8B	462.0M	103.0M	59.9M	156.0M	-11.9M	-25.0M	-46.9M
Net Change In Cash	198.0M	30.5M	447.0M	636.0M	-196.0M	609.0M	-114.0M	-1.1B	808.0M	505.0M	-81.6M	897.0M	752.0M	1.7B	1.3B	21.4M	57.9M	-42.6M	-82.8M	-22.2M
Ending Cash Balance	2.7B	2.5B	2.4B	2.0B	1.4B	1.5B	940.0M	1.1B	2.2B	1.4B	768.0M	5.1B	4.1B	3.4B	1.5B	147.0M	124.0M	66.3M	109.0M	--
Capex	2.0B	1.0B	836.0M	628.0M	664.0M	570.0M	529.0M	609.0M	327.0M	553.0M	150.0M	579.0M	740.0M	517.0M	108.0M	50.6M	137.0M	32.7M	83.6M	44.1M