Cash flow HIAG Immobilien Holding AG

Equities

HIAG

CH0239518779

Real Estate Development & Operations

Market Closed - Swiss Exchange Other stock markets 11:30:19 2025-01-17 am EST			5-day change	1st Jan Change
85.40 ^CHF	+0.23%		+0.23%	0.00%

Jan. 05	Hiag Immobilien Issues CHF100 Million Green Bond	MT
Aug. 26	HIAG Immobilien Holding AG Reports Earnings Results for the Half Year Ended June 30, 2024	CI

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Published financial data: HIAG IMMOBILIEN HOLDING AG

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Rental Revenues	63.03M	59.74M	63.14M	67.67M	70.31M
Gain (Loss) on Sale of Assets, Total (Rev)	-	4.9M	16.54M	19.8M	57.58M
Other Revenues, Total	893K	11.35M	-4K	9.28M	7.59M
Total Revenues	63.93M	75.99M	79.68M	96.76M	135M
Property Expenses	48.68M	19.67M	16.79M	24.21M	41.98M
Selling General & Admin Expenses, Total	26.4M	8.89M	8.56M	7.72M	7.79M
Depreciation & Amortization - (IS) - (Collected)	12.59M	396K	499K	521K	550K
Amortization of Goodwill and Intangible Assets - (IS)	-	-	-	-	-
Other Operating Expenses	6.26M	10.04M	2.09M	13.29M	12.83M
Total Operating Expenses	93.92M	39.01M	27.94M	45.74M	63.15M
Operating Income (REIT / Utility Template)	-29.99M	36.99M	51.75M	51.01M	72.34M
Interest Expense, Total	-7.29M	-7.73M	-7.8M	-8.52M	-12.8M
Interest and Investment Income	9K	-	-	-	-
Net Interest Expenses	-7.28M	-7.73M	-7.8M	-8.52M	-12.8M
Currency Exchange Gains (Loss)	-65K	-16K	-72K	-63K	-126K
Other Non Operating Income (Expenses)	-981K	705K	-1.28M	443K	675K
EBT, Excl. Unusual Items	-38.32M	29.95M	42.6M	42.87M	60.08M
Gain (Loss) on Sale of Investments	-	-	-	-	-58K
Gain (Loss) on Sale of Assets	-	5.09M	2.85M	-	-
Asset Writedown	-44.75M	27M	60.52M	64.31M	-1.92M
Insurance Settlements	-	-	-	-	-
Legal Settlements	330K	-	-	-	-
Other Unusual Items	-3.72M	-774K	-	-	-
EBT, Incl. Unusual Items	-86.46M	61.27M	106M	107M	58.1M
Income Tax Expense	-15.09M	6.11M	16.71M	7.77M	11.14M
Earnings From Continuing Operations	-71.36M	55.16M	89.26M	99.41M	46.97M
Net Income to Company	-71.36M	55.16M	89.26M	99.41M	46.97M
Minority Interest	613K	-	-	-	-
Net Income - (IS)	-70.75M	55.16M	89.26M	99.41M	46.97M
Net Income to Common Incl Extra Items	-70.75M	55.16M	89.26M	99.41M	46.97M
Net Income to Common Excl. Extra Items	-70.75M	55.16M	89.26M	99.41M	46.97M
Per Share Items
Net EPS - Basic	-8.85	6.82	10.39	9.85	4.65
Basic EPS - Continuing Operations	-8.85	6.82	10.39	9.85	4.65
Basic Weighted Average Shares Outstanding	8M	8.09M	8.59M	10.09M	10.1M
Net EPS - Diluted	-8.85	6.82	10.39	9.85	4.65
Diluted EPS - Continuing Operations	-8.85	6.82	10.39	9.85	4.65
Diluted Weighted Average Shares Outstanding	8M	8.09M	8.59M	10.09M	10.1M
Normalized Basic EPS	-2.92	2.31	3.1	2.66	3.72
Normalized Diluted EPS	-2.92	2.31	3.1	2.66	3.72
Dividend Per Share	-	2.3	2.7	2.9	3.1
Payout Ratio	-44.09	-	-	-	-
Supplemental Items
EBITDA	-17.41M	37.38M	52.24M	51.53M	72.89M
EBITA	-29.98M	36.99M	51.75M	51.01M	72.34M
EBIT	-29.99M	36.99M	51.75M	51.01M	72.34M
EBITDAR	-15.47M	39.06M	54.2M	52.55M	73.64M
Total Revenues (As Reported)	53.49M	115M	154M	162M	135M
Effective Tax Rate - (Ratio)	17.46	9.97	15.77	7.25	19.17
Current Domestic Taxes	286K	1.91M	10.56M	3.54M	13.56M
Total Current Taxes	286K	1.91M	10.56M	3.54M	13.56M
Deferred Domestic Taxes	-15.19M	4.4M	5.43M	4.23M	-2.43M
Total Deferred Taxes	-15.19M	4.4M	5.43M	4.23M	-2.43M
Normalized Net Income	-23.34M	18.72M	26.62M	26.79M	37.55M
Interest Capitalized	141K	48K	62K	-	-
Interest on Long-Term Debt	5.97M	5.96M	6.08M	6.75M	8.46M
Supplemental Operating Expense Items
Marketing Expenses	857K	-	-	-	-
Selling and Marketing Expenses	857K	743K	722K	656K	754K
General and Administrative Expenses	22.97M	7.59M	7.24M	6.3M	6.1M
Net Rental Expense, Total	1.94M	1.68M	1.95M	1.01M	756K
Imputed Operating Lease Interest Expense	150K	126K	153K	85.62K	96.79K
Imputed Operating Lease Depreciation	1.79M	1.55M	1.8M	927K	659K
Maintenance & Repair Expenses, Total	40.79M	-242K	6.22M	5.13M	5.95M
Stock-Based Comp., SG&A Exp. (Total)	2.57M	562K	595K	761K	930K
Total Stock-Based Compensation	2.57M	562K	595K	761K	930K

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Gross Property Plant And Equipment	70.49M	71.96M	-	-	-
Accumulated Depreciation	-69.46M	-69.86M	-	-	-
Net Property Plant And Equipment	1.03M	2.11M	1.22M	1.17M	598K
Total Real Estate Assets	1.03M	2.11M	1.22M	1.17M	598K
Cash And Equivalents	23.93M	19.71M	87.35M	32.92M	25.3M
Accounts Receivable, Total	7.51M	5.53M	6.42M	15.32M	49.87M
Other Receivables	9.65M	8.49M	5.73M	5.59M	13.11M
Investment In Debt and Equity Securities	142K	142K	142K	-	-
Other Intangibles, Total	0	-	-	971K	907K
Notes Receivable (Collected)	1.23M	818K	882K	822K	1.2M
Deferred Tax Assets Current	-	718K	-	-	-
Other Current Assets, Total	11.01M	31.61M	35.65M	31.8M	19.91M
Other Long-Term Assets, Total	1.57B	1.62B	1.77B	1.91B	1.89B
Total Assets	1.63B	1.69B	1.9B	2B	2B
Liabilities
Current Portion of Long-Term Debt	2.38M	135M	278M	172M	150M
Current Portion of Leases	5.52M	4.22M	-	-	-
Long-Term Debt	819M	677M	515M	648M	630M
Long-Term Leases	4.22M	-	-	-	-
Accounts Payable, Total	4.31M	3.23M	4.82M	2.18M	16.98M
Accrued Expenses, Total	11.6M	12.28M	14.44M	13.33M	18.44M
Current Income Taxes Payable	315K	1.72M	4.28M	2.55M	12.7M
Unearned Revenue, Current	2.72M	2.47M	3.38M	2.87M	3.4M
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	36.92M	20.64M	11.53M	7.39M	4.95M
Deferred Tax Liability Non-Current	68.73M	73.13M	81.08M	85.31M	82.88M
Other Non Current Liabilities	661K	112K	2.23M	3.2M	3.79M
Total Liabilities	957M	930M	915M	937M	923M
Common Stock, Total	8.05M	8.43M	10.12M	10.12M	10.12M
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	664M	720M	800M	886M	927M
Treasury Stock	-6.08M	-5.21M	-4.07M	-2.8M	-1.31M
Comprehensive Income and Other	6.27M	38.34M	183M	169M	146M
Total Common Equity	672M	761M	989M	1.06B	1.08B
Minority Interest	-	-	-	-	-
Total Equity	672M	761M	989M	1.06B	1.08B
Total Liabilities And Equity	1.63B	1.69B	1.9B	2B	2B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	8M	8.39M	10.09M	10.1M	10.11M
ECS Total Common Shares Outstanding	8M	8.39M	10.09M	10.1M	10.11M
Book Value / Share	84.01	90.72	98.06	105.22	106.96
Tangible Book Value	672M	761M	989M	1.06B	1.08B
Tangible Book Value Per Share	84.01	90.72	98.06	105.12	106.87
Total Debt	831M	817M	793M	820M	780M
Net Debt	807M	797M	706M	787M	755M
Debt Equivalent Oper. Leases	15.52M	13.4M	15.63M	8.1M	6.05M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Equity Method Investments, Total	-	-	633K	2.15M	2.19M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	8.63M	29.43M	32.11M	30.38M	19.61M
Inventories - Others	420K	501K	592K	593K	237K
Full Time Employees	96.5	77.3	71.6	74.1	81.8
Part Time Employees	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	1.37M	659K	301K	361K	155K

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-70.75M	55.16M	89.26M	99.41M	46.97M
Depreciation, Depletion & Amortization	12.58M	396K	499K	521K	550K
Amortization of Goodwill and Intangible Assets - (CF)	10K	-	-	-	-
Total Depreciation, Depletion & Amortization	12.59M	396K	499K	521K	550K
Amortization of Deferred Charges, Total	-	-	-	-	-
(Gain) Loss On Sale of Asset - (CF)	-504K	-10M	-18.66M	-10.76M	-30.29M
(Gain) Loss on Sale of Investments - (CF)	843K	1.55M	1.87M	36K	-
Total Asset Writedown	51.97M	-27M	-60.52M	-64.31M	1.92M
(Income) Loss On Equity Investments - (CF)	-	-	-	-98K	-40K
Stock-Based Compensation (CF)	2.57M	562K	595K	761K	930K
Change in Accounts Receivable	-3.66M	-1.18M	2.97M	1.01M	-8.18M
Change In Inventories	-23K	-82K	-90K	-1K	356K
Change in Accounts Payable	626K	167K	3.59M	-961K	2.06M
Change in Unearned Revenues	-3.09M	5.16M	-	-	-
Change In Deferred Taxes	-15.19M	4.4M	6.15M	4.23M	-2.43M
Change in Other Net Operating Assets (Collected)	28.28M	-12.76M	-5.13M	-5.31M	3.91M
Other Operating Activities	-546K	17K	-439K	-940K	87K
Cash from Operations	3.12M	16.4M	20.09M	23.58M	15.84M
Acquisition of Real Estate Assets, Total	-97.23M	-74.4M	-96.64M	-95.28M	-77.98M
Sale of Real Estate Assets, Total	11.36M	38.94M	81.84M	16.55M	123M
Net Sale / Acquisition of Real Estate Assets	-85.87M	-35.46M	-14.81M	-78.72M	45.24M
Cash Acquisitions	-19.34M	-	-22.68M	-	-
Purchase / Sale of Intangible Assets	-	-	-	-716K	-152K
Investment in Marketable and Equity Securities, Total	-4.42M	-3.84M	-2.22M	272K	821K
Other Investing Activities, Total	-	-	-	-	-
Cash from Investing	-110M	-39.31M	-39.7M	-79.17M	45.91M
Long-Term Debt Issued, Total	219M	75.21M	238M	305M	250M
Total Debt Issued	219M	75.21M	238M	305M	250M
Long-Term Debt Repaid, Total	-90.56M	-89.82M	-288M	-277M	-290M
Total Debt Repaid	-90.56M	-89.82M	-288M	-277M	-290M
Issuance of Common Stock	-	33.32M	156M	347K	237K
Repurchase of Common Stock	-1.73M	-	-	-	-
Common Dividends Paid	-31.19M	-	-	-	-
Common & Preferred Stock Dividends Paid	-31.19M	-	-	-	-
Other Financing Activities, Total	-13K	-	-19.3M	-27.23M	-29.28M
Cash from Financing	95.98M	18.7M	87.33M	1.23M	-69.25M
Foreign Exchange Rate Adjustments	-65K	-17K	-72K	-63K	-126K
Miscellaneous Cash Flow Adjustments	-	-	1K	-	-
Net Change in Cash	-10.6M	-4.23M	67.64M	-54.42M	-7.62M
Supplemental Items
Net Debt Issued / Repaid	129M	-14.62M	-49.7M	28.12M	-40.21M
Levered Free Cash Flow	27.57M	-15.12M	25.17M	12.13M	36.13M
Unlevered Free Cash Flow	32.12M	-10.29M	30.05M	17.46M	44.13M
Change In Net Working Capital	-36.53M	33.31M	3.39M	14.99M	2.41M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	-1.16	1.39	1.8	1.63	2.26
Return on Total Capital	-1.25	1.5	1.93	1.74	2.42
Return On Equity %	-9.81	7.7	10.2	9.69	4.38
Return on Common Equity	-9.71	7.7	10.2	9.69	4.38
Margin Analysis
Gross Profit Margin %	25.67	76.28	80.33	76.22	69.9
SG&A Margin	61.98	34.82	28.9	23.94	17.04
EBITDA Margin %	-27.23	49.19	65.57	53.26	53.8
EBITA Margin %	-46.9	48.67	64.94	52.72	53.39
EBIT Margin %	-46.92	48.67	64.94	52.72	53.39
Income From Continuing Operations Margin %	-111.63	72.58	112.03	102.74	34.67
Net Income Margin %	-110.67	72.58	112.03	102.74	34.67
Net Avail. For Common Margin %	-110.67	72.58	112.03	102.74	34.67
Normalized Net Income Margin	-36.5	24.63	33.41	27.69	27.72
Levered Free Cash Flow Margin	43.12	-19.89	31.59	12.54	26.66
Unlevered Free Cash Flow Margin	50.25	-13.54	37.71	18.04	32.57
Asset Turnover
Asset Turnover	0.04	0.05	0.04	0.05	0.07
Fixed Assets Turnover	3.09	48.34	47.93	81.14	153.27
Receivables Turnover (Average Receivables)	9.76	9.16	10.57	6.22	2.16
Inventory Turnover (Average Inventory)	4.56	0.92	0.5	0.72	1.6
Short Term Liquidity
Current Ratio	0.84	0.37	0.43	0.43	0.53
Quick Ratio	0.64	0.19	0.31	0.27	0.43
Operating Cash Flow to Current Liabilities	0.05	0.09	0.06	0.12	0.08
Days Sales Outstanding (Average Receivables)	37.39	39.94	34.54	58.64	169.22
Days Outstanding Inventory (Average Inventory)	80.01	395.8	729.38	505.1	227.42
Average Days Payable Outstanding	31.9	35.44	79.66	60.1	117.92
Cash Conversion Cycle (Average Days)	85.5	400.3	684.26	503.64	278.73
Long Term Solvency
Total Debt/Equity	123.69	107.3	80.17	77.22	72.15
Total Debt / Total Capital	55.3	51.76	44.5	43.57	41.91
LT Debt/Equity	122.51	89	52.1	61.03	58.27
Long-Term Debt / Total Capital	54.77	42.93	28.92	34.44	33.85
Total Liabilities / Total Assets	58.73	55	48.05	46.87	46.06
EBIT / Interest Expense	-4.12	4.78	6.63	5.99	5.65
EBITDA / Interest Expense	-2.39	4.84	6.69	6.05	5.69
(EBITDA - Capex) / Interest Expense	-2.5	4.7	6.69	6.05	5.69
Total Debt / EBITDA	-47.76	21.85	15.18	15.92	10.7
Net Debt / EBITDA	-46.38	21.32	13.5	15.28	10.35
Total Debt / (EBITDA - Capex)	-45.62	22.48	15.18	15.92	10.7
Net Debt / (EBITDA - Capex)	-44.3	21.93	13.5	15.28	10.35
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	8.01	18.29	5.95	7.05	40.03
Gross Profit, 1 Yr. Growth %	-64.65	250.83	11.94	-1.29	28.41
EBITDA, 1 Yr. Growth %