HITHINK ROYALFLUSH INFORMATION NETWORK CO., LTD.

Cash flow Hithink RoyalFlush Information Network Co., Ltd.

Equities

300033

CNE100000JG3

Financial Technology (Fintech)

End-of-day quote Shenzhen S.E. Other stock markets 2026-05-15			5-day change	1st Jan Change
231.45 ^CNY	-2.34%		-5.36%	+0.57%

Apr. 23	Chongqing Rural Commercial Bank Co., Ltd. Announces Cessation of Board of Supervisors	CI
Apr. 22	Hithink RoyalFlush Information Network Q1 Profit Up 113%; Shares Down 4%	MT

d23d3f262c694cdf4134cfcfaa.2Z6j9GD8_BdkiXzkvP3ge45jgRcU8QxzxuddWWdT2Fs.ldPKpAK5n3wJ4ibc0svTS-Ul9kN-hmQekr0XLghh6Ai965WgM5KfR1X7Dw

Published financial data: HITHINK ROYALFLUSH INFORMATION NETWORK CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	3.51B	3.56B	3.56B	4.19B	6.03B
Other Revenues, Total	1.31M	1.25M	1.22M	518K	429K
Total Revenues	3.51B	3.56B	3.56B	4.19B	6.03B
Cost of Goods Sold, Total	301M	370M	389M	443M	510M
Gross Profit	3.21B	3.19B	3.18B	3.74B	5.52B
Selling General & Admin Expenses, Total	483M	529M	702M	813M	1B
Provision for Bad Debts	271K	361K	1.28M	-1.09M	-733K
R&D Expenses	828M	1.07B	1.18B	1.19B	1.15B
Other Operating Expenses	9.57M	27.64M	30.68M	59.05M	57.88M
Other Operating Expenses, Total	1.32B	1.62B	1.91B	2.06B	2.21B
Operating Income	1.89B	1.57B	1.26B	1.68B	3.31B
Interest Expense, Total	-20.84K	-53.01K	-53.01K	-21.59K	-
Interest And Investment Income	173M	176M	197M	227M	137M
Net Interest Expenses	173M	176M	197M	227M	137M
Income (Loss) On Equity Invest.	-	292K	776K	-	-
Currency Exchange Gains (Loss)	979K	8.14M	6.59M	629K	-4.1M
Other Non Operating Income (Expenses)	-129K	-183K	-282K	-364K	-371K
EBT, Excl. Unusual Items	2.06B	1.75B	1.47B	1.91B	3.45B
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Assets	19.59K	-	-	-755K	-589K
Asset Writedown	-401K	-227K	-613K	-	-
Legal Settlements	-	-	-	-	-
Other Unusual Items	28.71M	91.64M	35.22M	60.04M	159M
EBT, Incl. Unusual Items	2.09B	1.84B	1.5B	1.96B	3.6B
Income Tax Expense	178M	151M	98.5M	142M	399M
Earnings From Continuing Operations	1.91B	1.69B	1.4B	1.82B	3.21B
Net Income to Company	1.91B	1.69B	1.4B	1.82B	3.21B
Minority Interest	-	-	-8.17K	-11.5K	-20.61K
Net Income - (IS)	1.91B	1.69B	1.4B	1.82B	3.21B
Net Income to Common Incl Extra Items	1.91B	1.69B	1.4B	1.82B	3.21B
Net Income to Common Excl. Extra Items	1.91B	1.69B	1.4B	1.82B	3.21B
Per Share Items
Net EPS - Basic	2.54	2.25	1.86	2.42	4.26
Basic EPS - Continuing Operations	2.54	2.25	1.86	2.42	4.26
Basic Weighted Average Shares Outstanding	752M	752M	752M	753M	753M
Net EPS - Diluted	2.54	2.25	1.86	2.42	4.26
Diluted EPS - Continuing Operations	2.54	2.25	1.86	2.42	4.26
Diluted Weighted Average Shares Outstanding	752M	752M	752M	753M	753M
Normalized Basic EPS	1.71	1.46	1.22	1.58	2.86
Normalized Diluted EPS	1.71	1.46	1.22	1.58	2.86
Dividend Per Share	1.29	1.79	1.57	2.14	3.71
Payout Ratio	33.75	57.22	86.76	71.84	52
Supplemental Items
EBITDA	1.94B	1.62B	1.33B	1.75B	3.39B
EBITA	1.9B	1.57B	1.27B	1.69B	3.32B
EBIT	1.89B	1.57B	1.26B	1.68B	3.31B
EBITDAR	1.95B	1.63B	1.35B	1.77B	3.4B
Total Revenues (As Reported)	3.51B	3.56B	3.56B	4.19B	6.03B
Effective Tax Rate - (Ratio)	8.51	8.17	6.56	7.21	11.06
Total Current Taxes	178M	151M	98.49M	141M	398M
Total Deferred Taxes	-546K	-53.29K	7.57K	277K	187K
Normalized Net Income	1.29B	1.09B	916M	1.19B	2.15B
Interest on Long-Term Debt	150K	236K	335K	386K	-
Supplemental Operating Expense Items
Marketing Expenses	54.12M	61.52M	106M	201M	315M
Selling and Marketing Expenses	337M	368M	497M	592M	759M
General and Administrative Expenses	145M	159M	201M	217M	241M
Research And Development Expense From Footnotes	828M	1.07B	1.18B	1.19B	1.15B
Net Rental Expense, Total	8.67M	9.65M	11.24M	11.89M	12.08M
Imputed Operating Lease Interest Expense	-	-	3.39M	-	-
Imputed Operating Lease Depreciation	-	-	7.85M	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	7.27B	7.54B	8.17B	9.2B	14.04B
Short Term Investments	-	-	-	-	-
Trading Asset Securities, Total	-	-	-	50M	-
Total Cash And Short Term Investments	7.27B	7.54B	8.17B	9.25B	14.04B
Accounts Receivable, Total	40.59M	37.78M	54.08M	40.68M	20.64M
Other Receivables	29.48M	32.54M	32.11M	35.24M	42.01M
Total Receivables	70.08M	70.32M	86.19M	75.92M	62.65M
Prepaid Expenses	794K	-	-	-	-
Other Current Assets, Total	10.65M	7.24M	8.87M	45.94M	31.01M
Total Current Assets	7.36B	7.62B	8.26B	9.37B	14.13B
Gross Property Plant And Equipment	972M	1.29B	1.51B	1.59B	1.74B
Accumulated Depreciation	-203M	-239M	-285M	-329M	-376M
Net Property Plant And Equipment	769M	1.05B	1.23B	1.26B	1.36B
Long-term Investments	3.02M	10.29M	9.93M	10.83M	11.79M
Goodwill	3.9M	3.9M	3.9M	3.9M	3.9M
Other Intangibles, Total	355M	347M	339M	331M	323M
Deferred Tax Assets Long-Term	782K	835K	822K	478K	326K
Deferred Charges Long-Term	480K	155K	-	-	-
Other Long-Term Assets, Total	12.5M	-	-	-	-
Total Assets	8.5B	9.03B	9.84B	10.98B	15.83B
Liabilities
Accounts Payable, Total	79.11M	110M	165M	162M	205M
Accrued Expenses, Total	636M	416M	880M	1.07B	3.92B
Current Portion of Leases	-	917K	949K	-	-
Current Income Taxes Payable	156M	132M	95.36M	135M	315M
Unearned Revenue Current, Total	1.04B	982M	1.1B	1.49B	1.77B
Other Current Liabilities	41.05M	41.21M	173M	33.29M	30.41M
Total Current Liabilities	1.96B	1.68B	2.42B	2.89B	6.24B
Long-Term Leases	-	949K	-	-	-
Unearned Revenue Non Current	1.1M	575K	375K	1.32M	1.12M
Deferred Tax Liability Non Current	-	-	111K	-	-
Other Non Current Liabilities	68.35M	99.08M	109M	115M	102M
Total Liabilities	2.02B	1.78B	2.53B	3B	6.34B
Common Stock, Total	538M	538M	538M	538M	538M
Additional Paid In Capital	357M	357M	357M	357M	357M
Retained Earnings	5.61B	6.34B	6.39B	7.03B	8.57B
Comprehensive Income and Other	-29.87M	15.09M	31.78M	46.2M	25.29M
Total Common Equity	6.48B	7.25B	7.32B	7.97B	9.49B
Minority Interest	-	-	206K	218K	238K
Total Equity	6.48B	7.25B	7.32B	7.97B	9.49B
Total Liabilities And Equity	8.5B	9.03B	9.84B	10.98B	15.83B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	753M	753M	753M	753M	753M
ECS Total Common Shares Outstanding	753M	753M	753M	753M	753M
Book Value / Share	8.61	9.63	9.72	10.59	12.61
Tangible Book Value	6.12B	6.89B	6.98B	7.64B	9.16B
Tangible Book Value Per Share	8.13	9.16	9.27	10.15	12.18
Total Debt	0	1.87M	949K	0	0
Net Debt	-7.27B	-7.54B	-8.17B	-9.25B	-14.04B
Debt Equivalent Oper. Leases	69.36M	77.22M	89.9M	95.08M	96.61M
Minority Interest, Total (Incl. Fin. Div)	-	-	206K	218K	238K
Equity Method Investments, Total	1.92M	2.21M	2.98M	4M	5.11M
Account Code - Inventory Valuation	3	3	3	3	3
Buildings, Total	525M	845M	846M	846M	846M
Machinery, Total	82.08M	94.44M	103M	113M	116M
Full Time Employees	4.75K	5.25K	5.49K	5.09K	5.09K
Accumulated Allowance for Doubtful Accounts (Supple)	2.5M	2.43M	3.52M	2.82M	1.71M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	1.91B	1.69B	1.4B	1.82B	3.21B
Depreciation & Amortization - CF	42.15M	45.65M	65.08M	68.74M	69.28M
Amortization of Goodwill and Intangible Assets - (CF)	8M	8M	8M	8M	8M
Depreciation & Amortization, Total	50.15M	53.65M	73.08M	76.74M	77.28M
Amortization of Deferred Charges, Total - (CF)	886K	513K	155K	-	-
(Gain) Loss From Sale Of Asset	-19.59K	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-5.15K	-292K	-776K	-20.97M	-8.08M
Asset Writedown & Restructuring Costs	401K	227K	613K	755K	589K
Provision and Write-off of Bad Debts	271K	-	1.28M	-1.09M	-733K
Other Operating Activities, Total	-958K	-7.73M	-6.52M	-596K	4.12M
Change In Accounts Receivable	84.93M	286M	-454M	-181M	-2.81B
Change In Accounts Payable	81.5M	-274M	575M	618M	3.31B
Change In Deferred Taxes	-546K	-53.29K	7.57K	277K	187K
Change in Other Net Operating Assets	-	-	-	-	-
Cash from Operations	2.13B	1.75B	1.59B	2.32B	3.77B
Capital Expenditure	-236M	-282M	-201M	-104M	-142M
Sale of Property, Plant, and Equipment	43K	-	-	-	-
Cash Acquisitions	-	-	-	-	-
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-8.74M	-283M	-18.29M	-35.79M
Other Investing Activities, Total	-	0	-	2.52M	65.48M
Cash from Investing	-236M	-290M	-484M	-119M	-113M
Long-Term Debt Repaid, Total	-970K	-970K	-985K	-985K	-
Total Debt Repaid	-970K	-970K	-985K	-985K	-
Common Dividends Paid	-645M	-968M	-1.22B	-1.31B	-1.67B
Common & Preferred Stock Dividends Paid	-645M	-968M	-1.22B	-1.31B	-1.67B
Cash from Financing	-646M	-969M	-1.22B	-1.31B	-1.67B
Foreign Exchange Rate Adjustments	-12.6M	53.13M	23.31M	15.11M	-24.91M
Net Change in Cash	1.23B	544M	-86.78M	900M	1.97B
Supplemental Items
Cash Income Tax Paid (Refund)	322M	377M	371M	391M	611M
Levered Free Cash Flow	1.16B	481M	1.38B	1.47B	5.38B
Unlevered Free Cash Flow	1.16B	481M	1.38B	1.47B	5.38B
Change In Net Working Capital	-167M	270M	-717M	-444M	-3.38B
Net Debt Issued / Repaid	-970K	-970K	-985K	-985K	-

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	15.07	11.17	8.36	10.08	15.45
Return on Total Capital	20.16	14.26	10.83	13.72	23.71
Return On Equity %	32.67	24.65	19.26	23.84	36.7
Return on Common Equity	32.67	24.65	19.26	23.84	36.7
Margin Analysis
Gross Profit Margin %	91.42	89.61	89.09	89.41	91.54
SG&A Margin	13.76	14.85	19.69	19.43	16.66
EBITDA Margin %	55.17	45.47	37.44	41.91	56.22
EBITA Margin %	54	44.22	35.64	40.29	55.08
EBIT Margin %	53.77	43.99	35.42	40.1	54.95
Income From Continuing Operations Margin %	54.45	47.52	39.35	43.55	53.16
Net Income Margin %	54.45	47.52	39.35	43.55	53.16
Net Avail. For Common Margin %	54.45	47.52	39.35	43.55	53.16
Normalized Net Income Margin	36.69	30.74	25.71	28.45	35.72
Levered Free Cash Flow Margin	33.08	13.51	38.65	35.03	89.31
Unlevered Free Cash Flow Margin	33.08	13.51	38.65	35.03	89.31
Asset Turnover
Asset Turnover	0.45	0.41	0.38	0.4	0.45
Fixed Assets Turnover	5.22	3.92	3.13	3.37	4.6
Receivables Turnover (Average Receivables)	83.2	90.79	77.57	88.35	196.63
Short Term Liquidity
Current Ratio	3.76	4.53	3.42	3.25	2.27
Quick Ratio	3.76	4.52	3.42	3.23	2.26
Operating Cash Flow to Current Liabilities	1.09	1.04	0.66	0.8	0.61
Days Sales Outstanding (Average Receivables)	4.39	4.02	4.71	4.14	1.86
Average Days Payable Outstanding	74.46	93.46	129.17	134.83	131.1
Long Term Solvency
Total Debt/Equity	-	0.03	0.01	-	-
Total Debt / Total Capital	-	0.03	0.01	-	-
LT Debt/Equity	-	0.01	-	-	-
Long-Term Debt / Total Capital	-	0.01	-	-	-
Total Liabilities / Total Assets	23.81	19.74	25.65	27.35	40.05
EBIT / Interest Expense	90.55K	29.53K	23.81K	77.76K	-
EBITDA / Interest Expense	92.96K	30.55K	25.19K	81.31K	-
(EBITDA - Capex) / Interest Expense	81.62K	25.23K	21.4K	76.51K	-
Total Debt / EBITDA	-	0	0	-	-
Net Debt / EBITDA	-3.75	-4.65	-6.12	-5.27	-4.14
Total Debt / (EBITDA - Capex)	-	0	0	-	-
Net Debt / (EBITDA - Capex)	-4.28	-5.63	-7.2	-5.6	-4.32
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	23.43	1.4	0.14	17.47	44
Gross Profit, 1 Yr. Growth %	23.09	-0.59	-0.45	17.89	47.44
EBITDA, 1 Yr. Growth %	17.42	-16.42	-18.04	31.39	93.08
EBITA, 1 Yr. Growth %	17.66	-16.96	-19.77	32.78	96.87
EBIT, 1 Yr. Growth %	17.36	-17.04	-19.87	32.99	97.33
Earnings From Cont. Operations, 1 Yr. Growth %	10.86	-11.51	-17.07	30	75.79
Net Income, 1 Yr. Growth %	10.86	-11.51	-17.07	30	75.79
Normalized Net Income, 1 Yr. Growth %	16.85	-15.06	-16.68	29.96	80.81
Diluted EPS Before Extra, 1 Yr. Growth %	10.9	-11.52	-17.14	29.88	75.81
Accounts Receivable, 1 Yr. Growth %	-7.2	-6.92	43.14	-24.78	-49.26
Net Property, Plant and Equip., 1 Yr. Growth %	33.54	36.44	16.86	2.65	8.36
Total Assets, 1 Yr. Growth %	18.8	6.19	9.05	11.49	44.24
Tangible Book Value, 1 Yr. Growth %	25.95	12.69	1.19	9.5	19.97
Common Equity, 1 Yr. Growth %	23.97	11.86	1.02	8.95	19.03
Cash From Operations, 1 Yr. Growth %	2.99	-17.77	-9.01	45.46	63
Capital Expenditures, 1 Yr. Growth %	-36.14	19.18	-28.6	-48.45	37.37
Levered Free Cash Flow, 1 Yr. Growth %	-3.74	-58.58	183	6.46	267.15
Unlevered Free Cash Flow, 1 Yr. Growth %	-3.74	-58.58	182.99	6.45	267.15
Dividend Per Share, 1 Yr. Growth %	50.01	38.89	-12	36.37	73.33
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	41.94	11.87	0.77	8.46	30.06
Gross Profit, 2 Yr. CAGR %	43.36	10.62	-0.52	8.34	31.84
EBITDA, 2 Yr. CAGR %	53.87	-0.93	-16.99	3.81	59.32
EBITA, 2 Yr. CAGR %	55.69	-1.16	-18.13	3.21	61.68
EBIT, 2 Yr. CAGR %	55.59	-1.33	-18.22	3.23	61.99
Earnings From Cont. Operations, 2 Yr. CAGR %	45.91	-0.96	-14.34	3.84	51.17
Net Income, 2 Yr. CAGR %	45.91	-0.96	-14.34	3.84	51.17
Normalized Net Income, 2 Yr. CAGR %	51.64	-0.38	-15.64	4.06	53.29
Diluted EPS Before Extra, 2 Yr. CAGR %	46	-0.94	-14.38	3.74	51.11
Accounts Receivable, 2 Yr. CAGR %	43.68	-7.06	15.42	3.76	-38.22
Net Property, Plant and Equip., 2 Yr. CAGR %	19.91	34.98	26.27	9.52	5.47
Total Assets, 2 Yr. CAGR %	27.42	12.32	7.61	10.27	26.82
Tangible Book Value, 2 Yr. CAGR %	25.1	19.14	6.79	5.26	14.62
Common Equity, 2 Yr. CAGR %	27.41	17.76	6.3	4.91	13.88
Cash From Operations, 2 Yr. CAGR %	32.11	-7.98	-13.5	15.04	53.98
Capital Expenditures, 2 Yr. CAGR %	35.18	-12.76	-7.75	-39.33	-15.85
Levered Free Cash Flow, 2 Yr. CAGR %	18.08	-36.86	8.94	73.57	97.7
Unlevered Free Cash Flow, 2 Yr. CAGR %	18.08	-36.86	8.94	73.57	97.7
Dividend Per Share, 2 Yr. CAGR %	45.53	44.34	10.55	9.55	53.74
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	36.28	26.89	7.82	6.05	19.21
Gross Profit, 3 Yr. CAGR %	37.26	26.89	6.8	5.27	20.06
EBITDA, 3 Yr. CAGR %	43.14	25.55	-6.81	-3.23	27.69
EBITA, 3 Yr. CAGR %	44.74	26.26	-7.61	-3.81	28
EBIT, 3 Yr. CAGR %	44.73	26.17	-7.75	-3.83	28.11
Earnings From Cont. Operations, 3 Yr. CAGR %	44.46	23.51	-6.65	-1.56	23.75
Net Income, 3 Yr. CAGR %	44.46	23.51	-6.65	-1.56	23.75
Normalized Net Income, 3 Yr. CAGR %	43.1	25	-5.97	-2.57	25.1
Diluted EPS Before Extra, 3 Yr. CAGR %	44.49	23.55	-6.67	-1.62	23.68
Accounts Receivable, 3 Yr. CAGR %	47.13	24.32	7.33	0.07	-18.25
Net Property, Plant and Equip., 3 Yr. CAGR %	19.78	25.18	28.65	17.84	9.13
Total Assets, 3 Yr. CAGR %	27.2	19.91	11.22	8.89	20.6
Tangible Book Value, 3 Yr. CAGR %	23.39	20.82	12.83	7.68	9.96
Common Equity, 3 Yr. CAGR %	24.7	22	11.9	7.18	9.42
Cash From Operations, 3 Yr. CAGR %	59.12	12.8	-8.32	2.86	29.21
Capital Expenditures, 3 Yr. CAGR %	30.93	29.62	-18.39	-24.02	-20.33
Levered Free Cash Flow, 3 Yr. CAGR %	131.37	-16.72	4.54	8.1	122.81
Unlevered Free Cash Flow, 3 Yr. CAGR %	131.31	-16.73	4.54	8.1	122.8
Dividend Per Share, 3 Yr. CAGR %	55.35	43.28	22.39	18.56	27.65
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	15.15	20.35	20.78	19.17	16.22
Gross Profit, 5 Yr. CAGR %	15.05	20.25	20.67	19.11	16.19
EBITDA, 5 Yr. CAGR %	12.03	17.69	15.11	16.49	15.5
EBITA, 5 Yr. CAGR %	12.25	18.25	15.24	16.62	15.57
EBIT, 5 Yr. CAGR %	12.19	18.21	15.19	16.58	15.55
Earnings From Cont. Operations, 5 Yr. CAGR %	9.54	18.44	17.21	15.22	13.2
Net Income, 5 Yr. CAGR %	9.54	18.44	17.21	15.22	13.2
Normalized Net Income, 5 Yr. CAGR %	9.33	17.48	15.83	16.29	14.33
Diluted EPS Before Extra, 5 Yr. CAGR %	9.61	18.47	17.21	15.21	13.17
Accounts Receivable, 5 Yr. CAGR %	32.23	26.09	33.52	15.65	-13.95
Net Property, Plant and Equip., 5 Yr. CAGR %	14.46	22.63	22.34	18.67	18.82
Total Assets, 5 Yr. CAGR %	15.82	16.48	18.97	15.96	17.21
Tangible Book Value, 5 Yr. CAGR %	16.36	17.44	16.46	14.34	13.54
Common Equity, 5 Yr. CAGR %	17.01	17.98	16.99	14.85	12.68
Cash From Operations, 5 Yr. CAGR %	20.19	24.59	24.69	13.69	12.81
Capital Expenditures, 5 Yr. CAGR %	16.74	58.8	13.82	-4.33	-17.39
Levered Free Cash Flow, 5 Yr. CAGR %	31.35	6.01	71.18	11.99	34.88
Unlevered Free Cash Flow, 5 Yr. CAGR %	31.34	6	71.15	11.99	34.88
Dividend Per Share, 5 Yr. CAGR %	14.87	22.67	35.59	28.69	34.08