Hongfa Technology Co., Ltd. / Fundamentals

    Income statement

    Net revenue
    €1.84B
    Cost of goods sold
    €1.18B
    Gross profit
    €656.63M
    SG&A expenses
    €56.65M
    R&D expenses
    €99.96M
    EBITDA
    €338.14M
    D&A
    €7.75M
    EBIT
    €316.08M
    Interest expenses
    €17.28M
    EBT
    €319.71M
    Tax expenses
    €37.10M
    Net income
    €211.89M

    Cash flow statement

    Net deferred tax
    €0.00
    Non-cash items
    €78.58M
    Changes in working capital
    €0.00
    Operating cash flow
    €130.03M
    Capex
    €147.71M
    Other investing cash flow
    -€1.28M
    Net investing cash flow
    -€312.60M
    Total cash dividends paid
    -€73.15M
    Issuance of common stock
    €0.00
    Debt repayment
    €52.73M
    Other financing cash flow
    -€25.12M
    Net financing cash flow
    -€45.55M
    Foreign exchange effects
    €1.33M
    Net change in cash
    -€104.00M
    Cash at end of period
    €169.76M
    Free cash flow
    €277.74M

    Balance sheet

    Cash and cash equivalents
    €420.10M
    Cash and short-term investments
    €420.15M
    Total receivables
    €757.39M
    Inventory
    €372.95M
    Other current assets
    €44.48M
    Total current assets
    €1.59B
    Property, plant & equipment
    €715.34M
    Goodwill
    €1.62M
    Intangible assets
    €57.48M
    Long-term investments
    €46.78M
    Other non-current assets
    €80.85M
    Total non-current assets
    €965.34M
    Total assets
    €2.56B
    Accounts payable
    €292.28M
    Short-term debt
    €95.78M
    Other current liabilities
    €185.70M
    Total current liabilities
    €597.88M
    Long-term debt
    €257.60M
    Deferred tax liabilities
    €42.58M
    Other non-current liabilities
    €4.03M
    Total non-current liabilities
    €359.60M
    Total liabilities
    €957.49M
    Common stock
    €176.67M
    Retained earnings
    €787.13M
    Other equity
    €0.00
    Total equity
    €1.60B
    Total liabilities and shareholders' equity
    €2.56B

    Company information

    Market capitalization
    €3.87B
    Employees
    16K
    Enterprise Value
    €33.57B

    Company ratios

    Gross margin
    35.7% Better than peer group: 23.6%
    EBITDA margin
    18.4% Even with peer group: 13.9%
    EBIT margin
    17.2% Better than peer group: 8.6%
    EBT margin
    17.4% Better than peer group: 9.2%
    Net margin
    11.5% Even with peer group: 7.0%
    ROE
    13.2% Better than peer group: 8.1%
    ROA
    8.3% Even with peer group: 4.4%
    Asset turnover
    71.8% Better than peer group: 63.3%
    FCF margin
    -1.0% Even with peer group: -1.3%
    FCF yield
    -0.5%
    Efficiency ratio
    81.6%
    Net sales per employee
    €115.52K
    Net income per employee
    €13.31K

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