MGI TECH CO LTD - Financials

MGI TECH 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
+Revenue	3.0B	2.9B	4.2B	3.9B	2.8B	1.1B	1.1B	802.0M
Revenue Growth %	3.5%	-31.2%	7.7%	41.3%	154.8%	-0.5%	36.8%	--
Total Revenue	3.0B	2.9B	4.2B	3.9B	2.8B	1.1B	1.1B	802.0M
Cost Of Revenue	1.3B	1.3B	2.0B	1.3B	704.0M	525.0M	545.0M	423.0M
+Gross Profit	1.7B	1.6B	2.3B	2.6B	2.1B	566.0M	552.0M	379.0M
Gross Margin %	55.5%	55.4%	53.6%	66.5%	74.7%	51.9%	50.3%	47.3%
Total Operating Cost	3.6B	3.6B	4.0B	3.3B	2.5B	1.3B	1.1B	877.0M
Selling Expenses	766.0M	715.0M	617.0M	620.0M	453.0M	125.0M	93.7M	63.3M
Admin Expenses	602.0M	528.0M	605.0M	617.0M	575.0M	172.0M	132.0M	133.0M
Rd Expenses	746.0M	910.0M	814.0M	608.0M	700.0M	343.0M	254.0M	245.0M
Finance Expenses	22.8M	-139.0M	-152.0M	129.0M	-13.7M	73.8M	2.1M	7.3M
+Operating Income	-544.0M	-607.0M	294.0M	692.0M	329.0M	-130.0M	107.0M	-83.8M
Operating Margin %	-18.1%	-20.9%	6.9%	17.6%	11.8%	-11.9%	9.8%	-10.4%
Non Operating Income	6.1M	24.0M	2.2B	4.0M	373,400	787,200	337,900	139,600
Non Operating Expenses	11.6M	7.8M	345,600	100.0M	52.2M	1.3M	222,900	809,400
Investment Income	-197,400	-2.8M	-27.5M	22.3M	4.2M	101,200	20.8M	-1.5M
Fair Value Change Income	601,300	-62,600	-23.6M	25.6M	-7.9M	--	--	--
Asset Disposal Income	2.0M	2.1M	636,700	-351,200	-64,500	59,100	21.7M	-7.8M
Asset Impairment Loss	90.7M	226.0M	79.8M	39.6M	17.6M	-238,800	22.6M	1.6M
Other Income	83.2M	95.3M	94.1M	57.1M	38.7M	38.2M	34.4M	47,400
Income Before Tax	-550.0M	-591.0M	2.5B	596.0M	278.0M	-131.0M	107.0M	-84.5M
Income Tax	59.2M	16.6M	508.0M	120.0M	22.0M	108.0M	-1.1M	-37.7M
+Net Income	-609.0M	-607.0M	2.0B	476.0M	256.0M	-239.0M	108.0M	-46.7M
Net Margin %	-20.2%	-20.9%	47.8%	12.1%	9.2%	-21.9%	9.8%	-5.8%
Net Income Attributable	-601.0M	-607.0M	2.0B	484.0M	261.0M	-244.0M	125.0M	-41.7M
Minority Interest	-8.2M	286,600	-3.5M	-7.9M	-5.3M	4.9M	-16.3M	-5.0M
Eps Basic	-1.46	-1.46	5.26	1.30	0.71	--	--	--
Eps Diluted	--	--	5.22	1.29	0.71	--	--	--

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
Cash And Equivalents	2.3B	4.8B	6.5B	2.6B	2.8B	61.9M	62.2M	101.0M
Trading Financial Assets	1.1B	--	--	--	--	--	--	--
Accounts Receivable	1.5B	696.0M	593.0M	494.0M	915.0M	559.0M	539.0M	799.0M
Notes Receivable	104.0M	--	109.0M	--	850,000	--	--	--
Notes And Accounts Receivable	1.6B	696.0M	703.0M	494.0M	916.0M	559.0M	539.0M	799.0M
Prepayments	101.0M	62.2M	51.1M	61.8M	103.0M	33.8M	34.8M	24.3M
Inventory	1.1B	1.2B	1.3B	956.0M	883.0M	250.0M	222.0M	188.0M
Total Current Assets	6.5B	7.0B	8.7B	4.3B	4.8B	4.4B	2.5B	1.4B
Long Term Equity Investment	5.2M	8.3M	11.1M	918,300	199,900	401,200	--	12.6M
Fixed Assets	--	2.0B	644.0M	610.0M	275.0M	131.0M	64.8M	81.2M
Fixed Assets Total	2.1B	2.0B	644.0M	610.0M	275.0M	131.0M	64.8M	81.2M
Construction In Progress	--	340.0M	752.0M	58.7M	89.0M	10.4M	5.2M	29.7M
Construction In Progress Total	439.0M	340.0M	752.0M	58.7M	89.0M	10.4M	5.2M	29.7M
Intangible Assets	560.0M	659.0M	688.0M	650.0M	733.0M	814.0M	586.0M	267.0M
Long Term Deferred Expenses	114.0M	113.0M	70.6M	66.5M	58.0M	67.2M	51.2M	23.6M
Total Non Current Assets	3.8B	3.6B	2.5B	1.7B	1.3B	1.1B	746.0M	451.0M
Total Assets	10.3B	10.6B	11.2B	5.9B	6.1B	5.5B	3.2B	1.9B
Short Term Borrowings	--	100.0M	50.0M	30.0M	750.0M	1.2B	570.0M	441.0M
Accounts Payable	312.0M	158.0M	424.0M	334.0M	459.0M	339.0M	395.0M	168.0M
Advance Receipts	--	--	--	--	--	294.0M	345.0M	15.1M
Contract Liabilities	165.0M	165.0M	284.0M	445.0M	565.0M	--	--	--
Total Current Liabilities	1.6B	1.5B	1.6B	1.7B	2.4B	6.9B	5.4B	1.3B
Long Term Borrowings	487.0M	199.0M	--	--	--	4.2M	8.4M	--
Total Non Current Liabilities	828.0M	397.0M	164.0M	193.0M	79.1M	34.8M	23.5M	16.6M
Total Liabilities	2.4B	1.9B	1.8B	1.9B	2.5B	7.0B	5.4B	1.3B
Paid In Capital	417.0M	416.0M	414.0M	372.0M	372.0M	68.1M	32.7M	32.7M
Capital Reserve	8.8B	8.8B	8.7B	5.5B	5.4B	959.0M	15.7M	1.3B
Surplus Reserve	46.8M	46.8M	46.8M	46.8M	16.8M	3.5M	3.5M	3.5M
Retained Earnings	-1.1B	-461.0M	296.0M	-1.7B	-2.2B	-2.6B	-2.3B	-732.0M
Minority Equity	1.5M	39.8M	39.5M	67.6M	63.0M	49.6M	44.7M	10.0M
Equity Attributable	7.9B	8.6B	9.4B	4.0B	3.5B	-1.5B	-2.3B	554.0M
Total Equity	7.9B	8.7B	9.5B	4.1B	3.6B	-1.5B	-2.2B	564.0M

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
Cash From Sales	2.5B	3.0B	4.2B	4.5B	2.9B	1.2B	1.9B	856.0M
Tax Refunds Received	152.0M	164.0M	133.0M	129.0M	45.1M	1.5M	3.9M	--
Total Operating Cash Inflow	2.8B	3.5B	6.7B	4.8B	3.1B	1.2B	2.0B	856.0M
Cash Paid For Goods	1.6B	2.1B	2.7B	2.0B	1.7B	781.0M	516.0M	440.0M
Cash Paid To Employees	1.1B	1.2B	1.0B	804.0M	809.0M	345.0M	273.0M	233.0M
Taxes Paid	215.0M	206.0M	743.0M	209.0M	107.0M	85.1M	45.4M	7.6M
Total Operating Cash Outflow	3.6B	4.3B	5.2B	3.7B	3.1B	1.4B	958.0M	764.0M
Operating Cash Flow	-774.0M	-870.0M	1.4B	1.1B	4.7M	-195.0M	997.0M	92.2M
Total Investing Cash Inflow	1.3B	10,400	205.0M	459.0M	7.0B	3.1B	917.0M	--
Total Investing Cash Outflow	3.2B	808.0M	1.2B	806.0M	8.1B	4.4B	2.3B	121.0M
Investing Cash Flow	-1.9B	-808.0M	-1.0B	-347.0M	-1.2B	-1.3B	-1.4B	-121.0M
Cash From Borrowings	400.0M	300.0M	50.0M	30.0M	290.0M	895.0M	581.0M	30.0M
Dividends And Interest Paid	24.2M	156.0M	255,900	13.9M	76.6M	67.6M	5.8M	11.7M
Debt Repayments	202.0M	50.2M	30.0M	749.0M	780.0M	398.0M	441.0M	--
Total Financing Cash Inflow	465.0M	339.0M	3.4B	39.0M	5.0B	2.0B	1.0B	3.0B
Total Financing Cash Outflow	569.0M	399.0M	113.0M	874.0M	1.0B	470.0M	667.0M	3.0B
Financing Cash Flow	-104.0M	-60.0M	3.3B	-835.0M	4.0B	1.5B	343.0M	31.4M
Net Change In Cash	-2.8B	-1.7B	3.9B	-206.0M	2.7B	20.2M	-59.4M	-2.3M
Ending Cash Balance	2.0B	4.8B	6.5B	2.6B	2.8B	61.9M	41.7M	101.0M
Capex	385.0M	758.0M	938.0M	317.0M	498.0M	211.0M	392.0M	98.6M