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

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