Ningbo Huaxiang Electronic Co., Ltd. Financial Data
Consolidated
Consolidated Balance Sheet (B/S)(in CNY millions)
FY ended Dec. 31, 2023 | FY ended Dec. 31, 2022 | FY ended Dec. 31, 2021 | |
Current assets | 15,953.30 | 13,342.71 | 12,007.84 |
Illiquid assets | 11,261.62 | 9,597.34 | 9,787.72 |
Total assets | 27,214.92 | 22,940.04 | 21,795.57 |
Current liabilities | 11,418.45 | 8,763.55 | 7,978.19 |
Illiquid debts | 1,974.78 | 1,502.43 | 1,614.59 |
Total liabilities | 13,393.24 | 10,265.98 | 9,592.78 |
Capital | 814.10 | 814.10 | 814.10 |
Capital reserve | 3,916.50 | 3,858.51 | 4,003.42 |
Profit reserve | 407.57 | 407.57 | 407.57 |
Backlog profit | 6,195.13 | 5,476.33 | 4,568.20 |
Minority stock holders' equity | 1,627.93 | 1,586.06 | 1,346.41 |
Total stockholders' equity | 13,821.68 | 12,674.07 | 12,202.79 |
Total Liabilities and shareholders' equity | 27,214.92 | 22,940.04 | 21,795.57 |
Consolidated Profit and Loss Statement (in CNY millions)
FY ended Dec. 31, 2023 | FY ended Dec. 31, 2022 | FY ended Dec. 31, 2021 | |
Sales | 23,236.26 | 19,626.12 | 17,587.82 |
Operating profit | 1,708.30 | 1,506.14 | 1,684.61 |
Gross profit | 1,695.46 | 1,500.04 | 1,693.52 |
Net profit | 1,441.07 | 1,338.39 | 1,520.97 |
Consolidated Cash Flow (in CNY millions)
FY ended Dec. 31, 2023 | FY ended Dec. 31, 2022 | FY ended Dec. 31, 2021 | |
Cash flows from operating activities | 3,018.54 | 1,799.02 | 2,264.27 |
Cash flows from investing activities | (2,390.02) | (1,397.91) | (1,260.71) |
Cash flows from financing activities | (535.61) | (1,268.06) | (366.90) |
Gains (losses) from exchange-rate translation | 65.08 | 52.51 | (114.20) |
Increases (decreases) in cash and cash equivalents | 158.00 | (814.43) | 522.47 |
Cash and cash equivalent at the beginning of the term | 2,798.81 | 3,609.70 | 3,087.23 |
Cash and cash equivalents at the term-end | 2,956.80 | 2,795.27 | 3,609.70 |
Non-Consolidated
Unconsolidated balance sheet (B/S) (in CNY millions)
FY ended Dec. 31, 2023 | FY ended Dec. 31, 2022 | FY ended Dec. 31, 2021 | |
Current assets | 2,666.73 | 2,368.49 | 3,275.30 |
Illiquid assets | 7,483.73 | 8,299.43 | 9,384.94 |
Total assets | 10,150.46 | 10,667.92 | 12,660.24 |
Current liabilities | 892.19 | 861.28 | 2,929.96 |
Illiquid debts | 244.79 | 186.10 | 401.84 |
Total liabilities | 1,136.98 | 1,047.38 | 3,331.80 |
Capital | 814.10 | 814.10 | 814.10 |
Capital reserve | 3,561.32 | 3,556.06 | 3,697.71 |
Profit reserve | 407.32 | 407.32 | 407.32 |
Backlog profit | 3,497.40 | 4,291.80 | 3,280.96 |
Total stockholders' equity | 9,013.49 | 9,620.54 | 9,328.44 |
Total Liabilities and shareholders' equity | 10,150.46 | 10,667.92 | 12,660.24 |
Unconsolidated cash flow (in CNY millions)
FY ended Dec. 31, 2023 | FY ended Dec. 31, 2022 | FY ended Dec. 31, 2021 | |
Sales | 2,019.02 | 2,105.18 | 1,942.60 |
Operating profit | (589.23) | 1,114.66 | 1,408.72 |
Gross profit | (591.01) | 1,114.99 | 1,408.48 |
Net profit | (590.94) | 1,110.98 | 1,414.33 |
Unconsolidated profit and loss statement (in CNY millions)
FY ended Dec. 31, 2023 | FY ended Dec. 31, 2022 | FY ended Dec. 31, 2021 | |
Cash flows from operating activities | 84.35 | 14.66 | 134.59 |
Cash flows from investing activities | (26.03) | 325.96 | 1,029.72 |
Cash flows from financing activities | (208.40) | (2,117.33) | (65.49) |
Gains (losses) from exchange-rate translation | - | - | - |
Increases (decreases) in cash and cash equivalents | (150.08) | (1,776.71) | 1,098.82 |
Cash and cash equivalent at the beginning of the term | 283.22 | 2,059.93 | 961.12 |
Cash and cash equivalents at the term-end | 133.15 | 283.22 | 2,059.93 |