GUANGDONG HONGDA HOLDINGS GROUP CO., LTD.

Cash flow Guangdong Hongda Holdings Group Co., Ltd.

Equities

002683

CNE100001F37

Mining Support Services & Equipment

End-of-day quote Shenzhen S.E. Other stock markets 2024-09-19			5-day change	1st Jan Change
20.71 ^CNY	+2.27%		+2.93%	+3.14%

Sep. 19	Guangdong Hongda Holdings Group Co., Ltd. Announces Interim Cash Dividend of the Year 2024 of A Shares, Payable on 26 September 2024	CI
Sep. 11	Guangdong Hongda Holdings Group Co., Ltd. Approves Interim Dividend for the Year 2024	CI

610c46.5dCnc_FD8jL8XBx66ht2lnC5ROTvyNrdfpYI-8ZNUlk.15n9N7sOk1G0M3JJrGo58huLD66qse-WPMdsioQ9IDSKlJU_wSWXX40Mcw

Published financial data: GUANGDONG HONGDA HOLDINGS GROUP CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	5.89B	6.38B	8.5B	10.15B	11.49B
Other Revenues, Total	14.65M	16.59M	25.39M	22.37M	53.31M
Total Revenues	5.9B	6.39B	8.53B	10.17B	11.54B
Cost of Goods Sold, Total	4.7B	5.02B	6.8B	8.24B	9.16B
Gross Profit	1.2B	1.38B	1.73B	1.92B	2.39B
Selling General & Admin Expenses, Total	398M	362M	592M	644M	728M
Provision for Bad Debts	108M	112M	8.08M	18.16M	122M
R&D Expenses	205M	264M	259M	295M	375M
Other Operating Expenses	22.53M	25.84M	37.3M	39.75M	45.64M
Other Operating Expenses, Total	734M	764M	896M	996M	1.27B
Operating Income	468M	611M	832M	928M	1.12B
Interest Expense, Total	-92.13M	-73.87M	-141M	-139M	-126M
Interest And Investment Income	39.44M	60.21M	138M	204M	127M
Net Interest Expenses	-52.69M	-13.67M	-2.63M	64.38M	1.57M
Currency Exchange Gains (Loss)	-124K	-2.64M	482K	6.81M	9.23M
Other Non Operating Income (Expenses)	-20.97M	-17.19M	-18.24M	11.53M	-17.97M
EBT, Excl. Unusual Items	394M	578M	811M	1.01B	1.11B
Impairment of Goodwill	-	-	-	-1.42M	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-4.02M
Gain (Loss) On Sale Of Assets	-3.48M	-11.88M	-6.78M	-6.3M	24.92M
Asset Writedown	-6.5M	-10.16M	-17.95M	-42.38M	-12.9M
Other Unusual Items	19.27M	18.15M	18.97M	6.26M	17.41M
EBT, Incl. Unusual Items	403M	574M	806M	966M	1.13B
Income Tax Expense	29.76M	74.66M	119M	128M	161M
Earnings From Continuing Operations	374M	499M	687M	839M	972M
Net Income to Company	374M	499M	687M	839M	972M
Minority Interest	-66.73M	-95.62M	-206M	-278M	-256M
Net Income - (IS)	307M	404M	480M	561M	716M
Net Income to Common Incl Extra Items	307M	404M	480M	561M	716M
Net Income to Common Excl. Extra Items	307M	404M	480M	561M	716M
Per Share Items
Net EPS - Basic	0.43	0.57	0.64	0.75	0.96
Basic EPS - Continuing Operations	0.43	0.57	0.64	0.75	0.96
Basic Weighted Average Shares Outstanding	707M	714M	749M	749M	749M
Net EPS - Diluted	0.43	0.57	0.64	0.75	0.96
Diluted EPS - Continuing Operations	0.43	0.57	0.64	0.75	0.96
Diluted Weighted Average Shares Outstanding	707M	714M	749M	749M	749M
Normalized Basic EPS	0.25	0.37	0.4	0.47	0.58
Normalized Diluted EPS	0.25	0.37	0.4	0.47	0.58
Dividend Per Share	0.2	0.22	-	0.3	0.56
Payout Ratio	62.35	50.34	55.58	24.15	48.35
Supplemental Items
EBITDA	672M	819M	1.13B	1.29B	1.52B
EBITA	478M	619M	843M	942M	1.13B
EBIT	468M	611M	832M	928M	1.12B
EBITDAR	690M	836M	1.15B	1.32B	1.55B
Total Revenues (As Reported)	5.9B	6.39B	8.53B	10.17B	11.54B
Effective Tax Rate - (Ratio)	7.38	13.01	14.76	13.22	14.23
Current Domestic Taxes	-	-	-	121M	-
Total Current Taxes	64.02M	85.49M	105M	121M	185M
Deferred Domestic Taxes	-	-	-	6.68M	-
Total Deferred Taxes	-34.26M	-10.83M	14.28M	6.68M	-23.69M
Normalized Net Income	180M	266M	301M	354M	436M
Interest Capitalized	-	-	-	-	348M
Interest on Long-Term Debt	-	-	-	-	9.8M
Non-Cash Pension Expense	538K	318K	351K	220K	473K
Supplemental Operating Expense Items
Advertising Expense	1.33M	2.65M	1.19M	109K	495K
Selling and Marketing Expenses	79.57M	41.28M	45.19M	55.6M	69.69M
General and Administrative Expenses	310M	309M	538M	568M	635M
Research And Development Expense From Footnotes	205M	265M	259M	295M	375M
Net Rental Expense, Total	18.17M	16.66M	17.97M	31.33M	34.11M
Imputed Operating Lease Interest Expense	7.37M	4.97M	6.65M	8.72M	33.22M
Imputed Operating Lease Depreciation	10.8M	11.69M	11.32M	22.61M	890K
Stock-Based Comp., Other (Total)	6.28M	3.58M	929K	1.93M	2.48M
Total Stock-Based Compensation	6.28M	3.58M	929K	1.93M	2.48M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	1.07B	3.06B	1.97B	2.66B	2.96B
Short Term Investments	241M	340M	1.1B	512M	587M
Trading Asset Securities, Total	-	5M	1.2B	505M	718K
Total Cash And Short Term Investments	1.31B	3.4B	4.27B	3.68B	3.55B
Accounts Receivable, Total	2.25B	3.02B	3.5B	4.61B	4.74B
Other Receivables	175M	158M	194M	148M	126M
Total Receivables	2.43B	3.18B	3.7B	4.76B	4.87B
Inventory	951M	182M	425M	404M	391M
Prepaid Expenses	20.32M	18.06M	14.96M	55.85M	83.45M
Other Current Assets, Total	65.56M	68.16M	108M	158M	182M
Total Current Assets	4.78B	6.85B	8.52B	9.05B	9.07B
Gross Property Plant And Equipment	2.05B	2.37B	3.74B	4.03B	4.78B
Accumulated Depreciation	-939M	-1.12B	-1.6B	-1.67B	-1.95B
Net Property Plant And Equipment	1.12B	1.25B	2.15B	2.36B	2.83B
Long-term Investments	88.86M	181M	332M	757M	780M
Goodwill	984M	1.18B	1.64B	1.64B	1.81B
Other Intangibles, Total	178M	209M	365M	399M	431M
Deferred Tax Assets Long-Term	152M	169M	171M	218M	238M
Deferred Charges Long-Term	426M	545M	718M	862M	1.07B
Other Long-Term Assets, Total	14.55M	20.19M	56.86M	44.87M	38.09M
Total Assets	7.74B	10.4B	13.94B	15.33B	16.26B
Liabilities
Accounts Payable, Total	1.58B	1.63B	2.09B	2.34B	2.45B
Accrued Expenses, Total	131M	160M	298M	382M	434M
Short-term Borrowings	1.26B	883M	736M	314M	206M
Current Portion of Long-Term Debt	190M	32.72M	815M	377M	1.46B
Current Portion of Leases	-	-	-	70.2M	102M
Current Income Taxes Payable	29.15M	39.55M	47.64M	67.4M	124M
Unearned Revenue Current, Total	36.21M	40.71M	64.15M	56.62M	138M
Other Current Liabilities	363M	462M	614M	1.07B	1.21B
Total Current Liabilities	3.59B	3.25B	4.67B	4.67B	6.12B
Long-Term Debt	365M	1.23B	2.16B	3.08B	1.73B
Long-Term Leases	-	-	229M	222M	222M
Unearned Revenue Non Current	31.13M	60.64M	67.27M	78.21M	80.88M
Pension & Other Post Retirement Benefits	7.04M	7.4M	8.81M	-	15.72M
Deferred Tax Liability Non Current	26.08M	29.33M	63.06M	117M	119M
Other Non Current Liabilities	2.4M	2.7M	2.42M	35.8M	25.89M
Total Liabilities	4.02B	4.58B	7.2B	8.2B	8.31B
Common Stock, Total	707M	750M	749M	749M	760M
Additional Paid In Capital	1.51B	3.21B	3.18B	3.18B	3.39B
Retained Earnings	1.05B	1.31B	1.63B	1.96B	2.45B
Treasury Stock	-	-	-3.23M	-647K	-172M
Comprehensive Income and Other	17.05M	8.55M	42.92M	44.63M	45.56M
Total Common Equity	3.28B	5.28B	5.6B	5.93B	6.47B
Minority Interest	432M	540M	1.15B	1.2B	1.47B
Total Equity	3.72B	5.82B	6.75B	7.13B	7.94B
Total Liabilities And Equity	7.74B	10.4B	13.94B	15.33B	16.26B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	707M	750M	750M	749M	760M
ECS Total Common Shares Outstanding	707M	750M	750M	749M	760M
Book Value / Share	4.65	7.04	7.46	7.93	8.52
Tangible Book Value	2.12B	3.89B	3.59B	3.9B	4.23B
Tangible Book Value Per Share	3	5.19	4.79	5.2	5.57
Total Debt	1.82B	2.15B	3.94B	4.06B	3.72B
Net Debt	506M	-1.25B	-331M	389M	172M
Debt Equivalent of Unfunded Proj. Benefit Obligation	7.04M	7.4M	8.81M	14.71M	15.72M
Debt Equivalent Oper. Leases	145M	133M	144M	251M	273M
Minority Interest, Total (Incl. Fin. Div)	432M	540M	1.15B	1.2B	1.47B
Equity Method Investments, Total	79.46M	169M	290M	316M	316M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	108M	115M	187M	241M	263M
Inventories - Work In Process, Total	19.87M	28.46M	21.01M	49.46M	19.51M
Inventories - Finished Goods, Total	832M	32.45M	218M	113M	110M
Inventories - Others	9.75M	8.09M	4.6M	6.9M	1.05M
Buildings, Total	486M	603M	1.1B	1.14B	1.44B
Machinery, Total	1.53B	1.75B	2.19B	2.32B	2.46B
Full Time Employees	3.78K	4.84K	-	8.42K	8.91K
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	317M	455M	450M	859M	476M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	307M	404M	480M	561M	716M
Depreciation & Amortization - CF	194M	200M	346M	418M	499M
Amortization of Goodwill and Intangible Assets - (CF)	10.72M	7.86M	11.32M	14.81M	15.08M
Depreciation & Amortization, Total	205M	207M	357M	433M	514M
Amortization of Deferred Charges, Total - (CF)	12.14M	22.43M	25.78M	34.38M	40.83M
(Gain) Loss From Sale Of Asset	3.48M	-11.88M	6.78M	6.3M	-24.92M
(Gain) Loss on Sale of Investments - (CF)	-27.37M	-24.7M	-82.56M	-151M	-81.52M
Asset Writedown & Restructuring Costs	7.64M	10.16M	17.95M	43.81M	12.9M
Provision and Write-off of Bad Debts	108M	112M	8.08M	-3.98M	122M
Other Operating Activities, Total	177M	190M	361M	431M	384M
Change In Accounts Receivable	815M	-132M	471M	-1.15B	-375M
Change In Inventories	-121M	11.4M	-247M	20M	12.67M
Change In Accounts Payable	-526M	230M	-147M	664M	108M
Change In Deferred Taxes	-34.35M	-13.77M	31.86M	7.16M	-18.6M
Change in Other Net Operating Assets	-106M	3.58M	-2.3M	-1.36M	2.48M
Cash from Operations	820M	1.01B	1.28B	891M	1.41B
Capital Expenditure	-353M	-372M	-647M	-721M	-861M
Sale of Property, Plant, and Equipment	3.56M	28.87M	10.41M	43.56M	56.32M
Cash Acquisitions	3.6M	-242M	-547M	-	-238M
Divestitures	1.7M	-	2.96M	-	-
Investment in Marketable and Equity Securities, Total	-135M	-296M	-2.03B	870M	696M
Other Investing Activities, Total	28.1M	37.89M	59.1M	131M	69.75M
Cash from Investing	-452M	-843M	-3.15B	324M	-276M
Long-Term Debt Issued, Total	2.02B	2.44B	2.94B	2.24B	784M
Total Debt Issued	2.02B	2.44B	2.94B	2.24B	784M
Long-Term Debt Repaid, Total	-2.03B	-2.12B	-1.55B	-2.2B	-1.27B
Total Debt Repaid	-2.03B	-2.12B	-1.55B	-2.2B	-1.27B
Issuance of Common Stock	-	1.75B	-	-	171M
Common Dividends Paid	-191M	-203M	-267M	-135M	-346M
Common & Preferred Stock Dividends Paid	-191M	-203M	-267M	-135M	-346M
Other Financing Activities, Total	-23.16M	-1.45M	-368M	-431M	-117M
Cash from Financing	-222M	1.87B	756M	-528M	-778M
Foreign Exchange Rate Adjustments	-127K	-3.16M	441K	-3.87M	-2.93M
Net Change in Cash	146M	2.03B	-1.12B	683M	356M
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	213M	277M	307M	363M	501M
Levered Free Cash Flow	278M	413M	154M	-97.04M	614M
Unlevered Free Cash Flow	336M	459M	242M	-10.05M	693M
Change In Net Working Capital	-174M	-215M	14.78M	338M	-299M
Net Debt Issued / Repaid	-7.79M	324M	1.39B	38.62M	-486M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	4.07	4.22	4.27	3.95	4.41
Return on Total Capital	5.41	5.66	5.57	5.3	6.1
Return On Equity %	10.41	10.47	10.93	12.09	12.9
Return on Common Equity	9.66	9.43	8.83	9.73	11.55
Margin Analysis
Gross Profit Margin %	20.36	21.51	20.26	18.92	20.67
SG&A Margin	6.75	5.66	6.94	6.33	6.3
EBITDA Margin %	11.39	12.8	13.3	12.64	13.13
EBITA Margin %