HANGCHA GROUP CO LTD

HANGCHA 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
+Revenue	16.5B	16.3B	14.4B	14.5B	11.5B	8.9B	8.4B	7.0B	5.4B	4.6B	5.6B	5.6B	5.3B	5.5B
Revenue Growth %	1.1%	13.1%	-0.5%	26.5%	29.3%	4.9%	20.5%	30.4%	17.4%	-17.7%	-0.2%	4.8%	-3.5%	--
Total Revenue	16.5B	16.3B	14.4B	14.5B	11.5B	8.9B	8.4B	7.0B	5.4B	4.6B	5.6B	5.6B	5.3B	5.5B
Cost Of Revenue	12.6B	12.9B	11.8B	12.2B	9.5B	7.0B	6.7B	5.5B	4.1B	3.5B	4.3B	4.5B	4.4B	4.7B
+Gross Profit	3.9B	3.4B	2.6B	2.2B	2.0B	1.9B	1.7B	1.5B	1.3B	1.1B	1.3B	1.1B	895.0M	844.0M
Gross Margin %	23.6%	20.8%	17.8%	15.5%	17.4%	21.3%	20.6%	21.6%	23.6%	24.5%	22.9%	19.4%	16.8%	15.3%
Total Operating Cost	14.6B	14.6B	13.4B	13.7B	10.7B	8.2B	7.8B	6.5B	4.9B	4.1B	5.1B	5.2B	5.0B	5.2B
Selling Expenses	728.0M	597.0M	452.0M	390.0M	314.0M	527.0M	492.0M	414.0M	367.0M	304.0M	321.0M	293.0M	280.0M	275.0M
Admin Expenses	407.0M	345.0M	321.0M	330.0M	300.0M	298.0M	271.0M	233.0M	339.0M	331.0M	341.0M	324.0M	288.0M	260.0M
Rd Expenses	774.0M	740.0M	658.0M	602.0M	538.0M	359.0M	304.0M	249.0M	--	--	--	--	--	--
Finance Expenses	-48.5M	-83.4M	-11.9M	11.0M	-376,100	-19.2M	-14.7M	-3.0M	-10.3M	-11.4M	2.8M	25.2M	20.9M	15.4M
+Operating Income	2.4B	2.1B	1.2B	1.1B	1.0B	818.0M	716.0M	618.0M	541.0M	470.0M	511.0M	400.0M	291.0M	277.0M
Operating Margin %	14.8%	12.8%	8.2%	7.5%	9.0%	9.2%	8.5%	8.8%	10.1%	10.3%	9.2%	7.2%	5.5%	5.0%
Non Operating Income	2.5M	1.9M	1.2M	2.9M	1.6M	6.9M	12.0M	18.0M	16.8M	18.6M	23.6M	10.9M	14.5M	14.2M
Non Operating Expenses	1.2M	1.1M	1.1M	3.5M	1.3M	2.1M	2.3M	759,300	7.3M	9.2M	11.6M	11.7M	11.0M	15.0M
Investment Income	383.0M	277.0M	102.0M	217.0M	228.0M	128.0M	96.6M	53.8M	26.7M	8.5M	3.5M	4.3M	12.9M	5.4M
Fair Value Change Income	-362,600	-3,900	-14.1M	-2.3M	6.9M	530,300	--	--	--	--	--	--	--	--
Asset Disposal Income	2.6M	5.1M	2.7M	2.1M	5.0M	97,100	1.0M	-294,200	684,300	--	--	--	--	--
Asset Impairment Loss	32.8M	10.1M	4.4M	17.9M	18.1M	18.8M	24.6M	25.0M	23.0M	9.6M	70.6M	19.8M	10.1M	6.2M
Other Income	212.0M	124.0M	44.1M	38.7M	39.2M	30.1M	6.3M	17.3M	--	--	--	--	--	--
Income Before Tax	2.4B	2.1B	1.2B	1.1B	1.0B	823.0M	725.0M	635.0M	551.0M	480.0M	523.0M	399.0M	295.0M	277.0M
Income Tax	283.0M	258.0M	106.0M	92.0M	98.6M	108.0M	113.0M	112.0M	98.6M	82.3M	87.5M	64.4M	45.9M	47.5M
+Net Income	2.2B	1.8B	1.1B	991.0M	928.0M	714.0M	612.0M	524.0M	452.0M	397.0M	435.0M	334.0M	249.0M	229.0M
Net Margin %	13.1%	11.2%	7.4%	6.8%	8.1%	8.1%	7.2%	7.5%	8.4%	8.7%	7.8%	6.0%	4.7%	4.2%
Net Income Attributable	2.0B	1.7B	987.0M	908.0M	838.0M	645.0M	547.0M	475.0M	403.0M	357.0M	398.0M	304.0M	220.0M	194.0M
Minority Interest	139.0M	113.0M	86.1M	82.6M	89.9M	69.8M	65.6M	49.0M	49.3M	39.9M	37.3M	30.3M	28.4M	34.8M
Eps Basic	1.54	1.33	1.14	1.05	0.97	0.74	0.88	0.77	0.76	0.67	0.75	0.57	0.47	0.48
Eps Diluted	1.54	1.31	1.10	1.05	0.97	0.74	0.88	0.77	0.76	0.67	0.75	0.57	0.47	0.48

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
Cash And Equivalents	4.2B	3.8B	3.0B	2.3B	2.1B	671.0M	711.0M	783.0M	1.5B	537.0M	820.0M	625.0M	464.0M	479.0M
Trading Financial Assets	87.4M	--	105.0M	455.0M	6.9M	785.0M	--	--	--	--	--	--	--	--
Accounts Receivable	2.6B	1.6B	1.4B	1.1B	800.0M	652.0M	542.0M	418.0M	423.0M	405.0M	434.0M	402.0M	384.0M	325.0M
Notes Receivable	17.3M	20.5M	24.4M	16.1M	18.3M	16.9M	127.0M	190.0M	127.0M	140.0M	181.0M	156.0M	127.0M	51.9M
Notes And Accounts Receivable	2.6B	1.6B	1.4B	1.1B	818.0M	669.0M	669.0M	608.0M	550.0M	544.0M	615.0M	558.0M	511.0M	377.0M
Prepayments	363.0M	497.0M	537.0M	466.0M	284.0M	81.9M	116.0M	132.0M	74.1M	24.8M	27.2M	50.1M	63.8M	66.4M
Inventory	2.5B	2.2B	1.9B	1.9B	1.2B	961.0M	1.1B	865.0M	758.0M	659.0M	626.0M	800.0M	711.0M	631.0M
Total Current Assets	10.8B	8.9B	7.6B	6.7B	4.8B	3.4B	3.9B	4.0B	3.6B	2.2B	2.2B	2.1B	1.8B	1.6B
Long Term Equity Investment	2.4B	2.0B	1.7B	1.5B	1.4B	1.2B	168.0M	57.5M	52.1M	49.2M	47.2M	40.6M	29.4M	27.7M
Fixed Assets	--	1.9B	1.6B	1.4B	1.4B	1.2B	965.0M	809.0M	565.0M	553.0M	559.0M	589.0M	599.0M	470.0M
Fixed Assets Total	2.2B	1.9B	1.6B	1.4B	1.4B	1.2B	965.0M	809.0M	565.0M	553.0M	559.0M	589.0M	599.0M	470.0M
Construction In Progress	--	425.0M	241.0M	243.0M	71.8M	75.2M	211.0M	56.5M	131.0M	55.8M	19.1M	7.6M	22.7M	77.3M
Construction In Progress Total	585.0M	425.0M	241.0M	243.0M	71.8M	75.2M	211.0M	56.5M	131.0M	55.8M	19.1M	7.6M	22.7M	77.3M
Intangible Assets	405.0M	369.0M	309.0M	307.0M	276.0M	274.0M	271.0M	148.0M	147.0M	146.0M	146.0M	150.0M	89.8M	95.1M
Long Term Deferred Expenses	26.4M	16.5M	11.5M	9.8M	3.8M	948,500	600,700	276,100	628,300	1.1M	882,200	243,600	598,100	1.1M
Total Non Current Assets	6.1B	5.1B	4.1B	3.7B	3.3B	2.9B	1.7B	1.2B	966.0M	899.0M	872.0M	881.0M	821.0M	733.0M
Total Assets	16.9B	14.0B	11.7B	10.4B	8.1B	6.3B	5.6B	5.2B	4.6B	3.1B	3.1B	3.0B	2.7B	2.4B
Short Term Borrowings	504.0M	928.0M	824.0M	522.0M	231.0M	28.0M	22.1M	27.4M	7.6M	13.2M	223.0M	238.0M	197.0M	243.0M
Accounts Payable	2.7B	2.0B	1.7B	1.6B	1.5B	1.1B	1.1B	1.0B	834.0M	725.0M	669.0M	750.0M	662.0M	590.0M
Advance Receipts	913,500	915,800	1.1M	1.0M	1.3M	166.0M	124.0M	124.0M	115.0M	58.5M	67.8M	109.0M	121.0M	101.0M
Contract Liabilities	456.0M	600.0M	374.0M	240.0M	251.0M	--	--	--	--	--	--	--	--	--
Total Current Liabilities	5.8B	4.6B	3.7B	3.3B	2.7B	1.5B	1.4B	1.3B	1.1B	937.0M	1.1B	1.3B	1.1B	1.1B
Long Term Borrowings	54.7M	--	--	--	--	2.6M	7.9M	--	--	--	--	50.0M	108.0M	48.2M
Total Non Current Liabilities	310.0M	133.0M	1.2B	1.1B	66.3M	65.4M	29.4M	21.9M	19.3M	18.6M	21.2M	74.3M	135.0M	87.8M
Total Liabilities	6.1B	4.7B	4.9B	4.4B	2.8B	1.6B	1.4B	1.4B	1.1B	956.0M	1.1B	1.4B	1.2B	1.2B
Paid In Capital	1.3B	936.0M	866.0M	866.0M	866.0M	619.0M	619.0M	619.0M	619.0M	532.0M	467.0M	467.0M	275.0M	137.0M
Capital Reserve	1.4B	1.8B	732.0M	727.0M	727.0M	961.0M	958.0M	960.0M	956.0M	10.9M	79.4M	78.9M	270.0M	410.0M
Surplus Reserve	655.0M	560.0M	560.0M	560.0M	471.0M	394.0M	332.0M	284.0M	240.0M	202.0M	166.0M	129.0M	102.0M	82.4M
Retained Earnings	6.7B	5.3B	4.0B	3.4B	2.9B	2.3B	1.9B	1.6B	1.4B	1.2B	998.0M	777.0M	570.0M	369.0M
Minority Equity	692.0M	631.0M	531.0M	428.0M	421.0M	373.0M	349.0M	310.0M	286.0M	261.0M	223.0M	213.0M	206.0M	205.0M
Equity Attributable	10.1B	8.6B	6.3B	5.6B	4.9B	4.3B	3.9B	3.5B	3.2B	1.9B	1.7B	1.5B	1.2B	999.0M
Total Equity	10.8B	9.2B	6.8B	6.0B	5.3B	4.7B	4.2B	3.8B	3.5B	2.2B	1.9B	1.7B	1.4B	1.2B

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
Cash From Sales	12.0B	13.3B	11.7B	11.3B	8.9B	6.6B	6.2B	5.0B	4.3B	3.7B	4.3B	4.3B	4.0B	4.2B
Tax Refunds Received	695.0M	736.0M	548.0M	327.0M	211.0M	228.0M	285.0M	236.0M	153.0M	187.0M	191.0M	187.0M	153.0M	109.0M
Total Operating Cash Inflow	13.3B	14.7B	12.7B	11.9B	9.3B	7.0B	6.6B	5.4B	4.5B	4.0B	4.5B	4.5B	4.2B	4.3B
Cash Paid For Goods	9.1B	10.4B	10.0B	10.1B	6.9B	4.5B	4.6B	3.6B	3.0B	2.3B	2.9B	3.3B	3.2B	3.4B
Cash Paid To Employees	1.3B	1.1B	920.0M	822.0M	655.0M	579.0M	527.0M	449.0M	404.0M	362.0M	333.0M	279.0M	231.0M	217.0M
Taxes Paid	759.0M	764.0M	576.0M	430.0M	372.0M	340.0M	429.0M	376.0M	345.0M	347.0M	396.0M	288.0M	216.0M	229.0M
Total Operating Cash Outflow	11.9B	13.0B	12.0B	11.9B	8.4B	6.1B	6.1B	4.8B	4.1B	3.4B	4.0B	4.2B	4.0B	4.2B
Operating Cash Flow	1.3B	1.6B	625.0M	15.9M	914.0M	915.0M	432.0M	529.0M	380.0M	606.0M	518.0M	366.0M	187.0M	146.0M
Total Investing Cash Inflow	48.9M	141.0M	515.0M	108.0M	1.4B	3.3B	2.5B	4.2B	3.0B	878.0M	3.2M	14.2M	22.1M	5.0M
Total Investing Cash Outflow	577.0M	637.0M	415.0M	852.0M	777.0M	4.0B	2.8B	5.2B	3.3B	1.3B	57.6M	143.0M	141.0M	101.0M
Investing Cash Flow	-528.0M	-496.0M	99.9M	-744.0M	645.0M	-744.0M	-315.0M	-1.0B	-283.0M	-466.0M	-54.4M	-128.0M	-119.0M	-95.5M
Cash From Borrowings	1.3B	1.1B	1.4B	1.7B	233.0M	433.0M	212.0M	64.9M	28.0M	212.0M	469.0M	560.0M	414.0M	651.0M
Dividends And Interest Paid	585.0M	464.0M	436.0M	449.0M	277.0M	246.0M	231.0M	220.0M	194.0M	187.0M	183.0M	107.0M	39.9M	424.0M
Debt Repayments	1.5B	1.0B	1.1B	308.0M	33.4M	431.0M	208.0M	45.7M	35.2M	474.0M	585.0M	518.0M	444.0M	551.0M
Total Financing Cash Inflow	1.6B	1.2B	1.6B	1.8B	251.0M	481.0M	250.0M	66.0M	1.1B	246.0M	469.0M	562.0M	425.0M	1.1B
Total Financing Cash Outflow	2.1B	1.7B	1.6B	787.0M	331.0M	712.0M	449.0M	283.0M	231.0M	661.0M	771.0M	635.0M	500.0M	978.0M
Financing Cash Flow	-523.0M	-448.0M	-61.8M	971.0M	-79.7M	-231.0M	-199.0M	-217.0M	857.0M	-415.0M	-302.0M	-72.7M	-74.6M	115.0M
Net Change In Cash	302.0M	756.0M	701.0M	225.0M	1.4B	-51.9M	-73.2M	-728.0M	966.0M	-260.0M	171.0M	159.0M	-9.0M	164.0M
Ending Cash Balance	4.1B	3.8B	3.0B	2.3B	2.1B	648.0M	700.0M	773.0M	1.5B	535.0M	795.0M	624.0M	464.0M	473.0M
Capex	452.0M	595.0M	264.0M	352.0M	169.0M	261.0M	647.0M	182.0M	101.0M	84.1M	52.6M	133.0M	141.0M	101.0M