Cash flow Hygeia Healthcare Holdings Co., Limited

Equities

6078

KYG4712E1035

Healthcare Facilities & Services

Market Closed - Hong Kong S.E. Other stock markets 03:08:18 2024-12-11 am EST			5-day change	1st Jan Change
16.54 ^HKD	-0.36%		+3.89%	-53.14%

Sep. 02	Hygeia Healthcare Holdings Co., Limited commences an Equity Buyback Plan for 63,152,420 shares, representing 10% of its issued share capital, under the authorization approved on June 28, 2024.	CI
Aug. 30	Hygeia Healthcare Holdings Books Higher Attributable Profit in H1	MT

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Published financial data: HYGEIA HEALTHCARE HOLDINGS CO., LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	1.09B	1.4B	2.32B	3.2B	4.08B
Total Revenues	1.09B	1.4B	2.32B	3.2B	4.08B
Cost of Goods Sold, Total	759M	922M	1.57B	2.18B	2.81B
Gross Profit	327M	480M	745M	1.02B	1.27B
Selling General & Admin Expenses, Total	149M	167M	225M	293M	410M
Other Operating Expenses	-197K	-4.73M	-6.37M	-11.65M	-13.74M
Other Operating Expenses, Total	148M	162M	219M	281M	397M
Operating Income	179M	318M	526M	736M	870M
Interest Expense, Total	-95.52M	-48.17M	-23.08M	-34.88M	-43.17M
Interest And Investment Income	629K	498K	2.16M	17.32M	10.15M
Net Interest Expenses	-94.89M	-47.67M	-20.93M	-17.56M	-33.02M
Currency Exchange Gains (Loss)	4.66M	-1.32M	9.81M	440K	-71K
EBT, Excl. Unusual Items	88.4M	269M	514M	719M	837M
Merger & Related Restructuring Charges	-	-	-	-	-3.03M
Gain (Loss) On Sale Of Investments	5.22M	43.11M	46.28M	2.39M	15.56M
Gain (Loss) On Sale Of Assets	-2.94M	-1.78M	-3.37M	-454K	-4.83M
Asset Writedown	-11.36M	-	-	-	-
Other Unusual Items	-	-57.85M	15.45M	-77.27M	11.17M
EBT, Incl. Unusual Items	79.32M	253M	573M	643M	856M
Income Tax Expense	39.55M	75.55M	120M	161M	171M
Earnings From Continuing Operations	39.77M	177M	453M	482M	685M
Net Income to Company	39.77M	177M	453M	482M	685M
Minority Interest	-	-6.98M	-11.75M	-5.09M	-2.02M
Net Income - (IS)	39.77M	170M	441M	477M	683M
Net Income to Common Incl Extra Items	39.77M	170M	441M	477M	683M
Net Income to Common Excl. Extra Items	39.77M	170M	441M	477M	683M
Per Share Items
Net EPS - Basic	0.14	0.38	0.71	0.77	1.08
Basic EPS - Continuing Operations	0.14	0.38	0.71	0.77	1.08
Basic Weighted Average Shares Outstanding	277M	447M	618M	617M	631M
Net EPS - Diluted	0.14	0.38	0.71	0.77	1.08
Diluted EPS - Continuing Operations	0.14	0.38	0.71	0.77	1.08
Diluted Weighted Average Shares Outstanding	281M	449M	618M	617M	631M
Normalized Basic EPS	0.2	0.36	0.5	0.72	0.83
Normalized Diluted EPS	0.2	0.36	0.5	0.72	0.83
Dividend Per Share	-	0.12	-	0.15	-
Payout Ratio	-	41.16	16.78	-	13.83
Supplemental Items
EBITDA	243M	385M	624M	868M	1.05B
EBITA	181M	321M	530M	741M	876M
EBIT	179M	318M	526M	736M	870M
EBITDAR	245M	389M	626M	870M	1.05B
Effective Tax Rate - (Ratio)	49.87	29.91	20.89	25.09	19.99
Current Domestic Taxes	-	58.84M	105M	163M	159M
Current Foreign Taxes	42.3M	-	-	-	-
Total Current Taxes	42.3M	58.84M	105M	163M	159M
Deferred Foreign Taxes	-2.74M	-	-	-	-
Total Deferred Taxes	-2.74M	16.71M	15.05M	-1.65M	12.19M
Normalized Net Income	55.25M	161M	310M	444M	521M
Interest Capitalized	-	-	-	15.39M	31.42M
Interest on Long-Term Debt	95.52M	48.17M	23.08M	158K	238K
Supplemental Operating Expense Items
Marketing Expenses	4.16M	4.64M	6.29M	6.88M	18.58M
Selling and Marketing Expenses	15.42M	13.74M	20.98M	26.09M	50.57M
General and Administrative Expenses	133M	153M	204M	267M	360M
Net Rental Expense, Total	2.07M	3.35M	2.13M	2M	1.87M
Imputed Operating Lease Interest Expense	847K	1.27M	639K	639K	557K
Imputed Operating Lease Depreciation	1.22M	2.08M	1.5M	1.36M	1.32M
Maintenance & Repair Expenses, Total	5.75M	8.08M	12.84M	11.48M	19.38M
Stock-Based Comp., Other (Total)	10.78M	4.07M	6.76M	38.08M	29.25M
Total Stock-Based Compensation	10.78M	4.07M	6.76M	38.08M	29.25M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	393M	385M	707M	854M	550M
Trading Asset Securities, Total	-	2.2B	397M	30.95M	206M
Total Cash And Short Term Investments	393M	2.58B	1.1B	885M	756M
Accounts Receivable, Total	204M	269M	455M	611M	884M
Other Receivables	4.15M	6.13M	13.36M	18.33M	28.04M
Total Receivables	208M	275M	468M	630M	912M
Inventory	53.66M	59.8M	136M	204M	279M
Prepaid Expenses	6.96M	-	-	-	-
Restricted Cash	-	-	-	-	12.1M
Other Current Assets, Total	6.15M	5.55M	11.92M	31.02M	15.85M
Total Current Assets	669M	2.92B	1.72B	1.75B	1.98B
Gross Property Plant And Equipment	1.33B	1.64B	2.88B	3.49B	5.29B
Accumulated Depreciation	-207M	-273M	-365M	-492M	-661M
Net Property Plant And Equipment	1.12B	1.37B	2.52B	3B	4.63B
Goodwill	300M	300M	2.24B	2.24B	3.72B
Other Intangibles, Total	85.37M	82.6M	146M	149M	221M
Deferred Tax Assets Long-Term	18.07M	12.29M	17.79M	31.17M	43.89M
Other Long-Term Assets, Total	18.42M	17.88M	50.08M	78.54M	139M
Total Assets	2.21B	4.7B	6.69B	7.24B	10.73B
Liabilities
Accounts Payable, Total	124M	118M	308M	396M	687M
Accrued Expenses, Total	58.43M	70.94M	198M	217M	399M
Short-term Borrowings	-	-	-	119M	212M
Current Portion of Long-Term Debt	1.4B	-	34.37M	60.97M	190M
Current Portion of Leases	1.3M	1.68M	392K	2.73M	793K
Current Income Taxes Payable	25.45M	30.55M	54.85M	72.85M	76.68M
Unearned Revenue Current, Total	18.56M	22.12M	41.53M	37.3M	60.69M
Other Current Liabilities	88.52M	37.21M	217M	119M	318M
Total Current Liabilities	1.71B	281M	855M	1.03B	1.94B
Long-Term Debt	632M	-	1.2B	1.1B	2.32B
Long-Term Leases	1.31M	807K	416K	3.13M	2.44M
Unearned Revenue Non Current	28.31M	26.69M	34.43M	34.57M	36.08M
Deferred Tax Liability Non Current	32.67M	43.6M	115M	127M	168M
Other Non Current Liabilities	7.65M	7.88M	8.04M	8.31M	9.62M
Total Liabilities	2.42B	360M	2.21B	2.3B	4.48B
Common Stock, Total	-	42K	42K	42K	43K
Additional Paid In Capital	2.73B	7.12B	7.08B	7.05B	7.63B
Retained Earnings	-253M	-108M	303M	739M	1.4B
Comprehensive Income and Other	-2.68B	-2.75B	-2.93B	-2.85B	-2.81B
Total Common Equity	-203M	4.27B	4.46B	4.93B	6.23B
Minority Interest	-	73.61M	21.26M	6.31M	21.68M
Total Equity	-203M	4.34B	4.48B	4.94B	6.25B
Total Liabilities And Equity	2.21B	4.7B	6.69B	7.24B	10.73B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	600M	618M	618M	617M	632M
ECS Total Common Shares Outstanding	480M	618M	618M	617M	632M
Book Value / Share	-0.42	6.91	7.21	8	9.87
Tangible Book Value	-588M	3.88B	2.08B	2.55B	2.29B
Tangible Book Value Per Share	-1.23	6.29	3.36	4.13	3.62
Total Debt	2.03B	2.48M	1.23B	1.29B	2.72B
Net Debt	1.64B	-2.58B	127M	404M	1.97B
Debt Equivalent Oper. Leases	16.56M	26.83M	17.07M	16.02M	14.98M
Minority Interest, Total (Incl. Fin. Div)	-	73.61M	21.26M	6.31M	21.68M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Finished Goods, Total	43.46M	47.57M	100M	149M	196M
Inventories - Others	3.56M	3.38M	6.97M	4.64M	12.25M
Buildings, Total	622M	636M	958M	1.36B	2.33B
Machinery, Total	483M	553M	736M	957M	1.35B
Full Time Employees	2.6K	2.99K	5.08K	5.81K	8.24K
Part Time Employees	-	-	-	10	440

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	39.77M	170M	441M	477M	683M
Depreciation & Amortization - CF	67.14M	72.12M	106M	142M	194M
Amortization of Goodwill and Intangible Assets - (CF)	2.53M	2.52M	4.11M	4.95M	5.77M
Depreciation & Amortization, Total	69.66M	74.65M	110M	147M	200M
Amortization of Deferred Charges, Total - (CF)	1.62M	2.89M	4.37M	6.13M	10.68M
(Gain) Loss From Sale Of Asset	2.94M	1.78M	3.37M	454K	4.83M
(Gain) Loss on Sale of Investments - (CF)	-5.22M	-43.11M	-46.28M	-2.39M	-15.56M
Asset Writedown & Restructuring Costs	11.36M	-	-	-	-
Stock-Based Compensation (CF)	10.78M	4.07M	6.76M	38.08M	29.25M
Other Operating Activities, Total	94.6M	135M	58.73M	142M	52.83M
Change In Accounts Receivable	-17.2M	-62M	-80.04M	-191M	-30.73M
Change In Inventories	-6M	-3.94M	-20.26M	-46.68M	-27.2M
Change In Accounts Payable	26.31M	16.89M	-51.94M	115M	-124M
Cash from Operations	229M	296M	426M	685M	783M
Capital Expenditure	-154M	-322M	-663M	-593M	-926M
Sale of Property, Plant, and Equipment	2.08M	1.35M	20.21M	12.59M	15.23M
Cash Acquisitions	-7.42M	-	-2.05B	-147M	-1.77B
Divestitures	24.8M	-	-	-	-
Sale (Purchase) of Intangible assets	-5.41M	-3.27M	-5.92M	-13.78M	-15.14M
Investment in Marketable and Equity Securities, Total	5.22M	-2.15B	1.85B	369M	-160M
Other Investing Activities, Total	-	-	-	-	-12.1M
Cash from Investing	-135M	-2.48B	-851M	-372M	-2.86B
Short Term Debt Issued, Total	60.57M	-	-	-	-
Long-Term Debt Issued, Total	504M	-	1.2B	394M	2.56B
Total Debt Issued	565M	-	1.2B	394M	2.56B
Short Term Debt Repaid, Total	-155M	-11.9M	-	-	-
Long-Term Debt Repaid, Total	-562M	-1.51M	-90.52M	-424M	-1.29B
Total Debt Repaid	-716M	-13.41M	-90.52M	-424M	-1.29B
Issuance of Common Stock	265M	2.36B	-	-	682M
Repurchase of Common Stock	-	-	-	-35.83M	-
Common Dividends Paid	-	-70M	-74.08M	-	-94.48M
Common & Preferred Stock Dividends Paid	-	-70M	-74.08M	-	-94.48M
Other Financing Activities, Total	-8.64M	-98.41M	-277M	-88.07M	-79.85M
Cash from Financing	105M	2.17B	754M	-154M	1.78B
Foreign Exchange Rate Adjustments	4.66M	-1.32M	-7.94M	-12.41M	1.35M
Net Change in Cash	203M	-8.3M	322M	147M	-304M
Supplemental Items
Cash Interest Paid	6M	-	22.98M	54.46M	79.85M
Cash Income Tax Paid (Refund)	40.47M	53.74M	80.29M	145M	154M
Levered Free Cash Flow	-68.11M	-175M	30.85M	-203M	159M
Unlevered Free Cash Flow	-8.41M	-145M	45.28M	-181M	186M
Change In Net Working Capital	42.46M	100M	-265M	225M	-343M
Net Debt Issued / Repaid	-151M	-13.41M	1.11B	-30.3M	1.27B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	5.32	5.75	5.77	6.6	6.05
Return on Total Capital	6.67	6.44	6.54	7.7	7.15
Return On Equity %	-20.35	8.56	10.28	10.23	12.24
Return on Common Equity	-20.16	8.37	10.12	10.15	12.23
Margin Analysis
Gross Profit Margin %	30.11	34.25	32.16	31.83	31.08
SG&A Margin	13.68	11.89	9.74	9.17	10.06
EBITDA Margin %	22.34	27.49	26.94	27.18	25.78
EBITA Margin %	16.68	22.88	22.88	23.18	21.49
EBIT Margin %	16.45	22.7	22.7	23.02	21.35
Income From Continuing Operations Margin %	3.66	12.63	19.57	15.08	16.8
Net Income Margin %	3.66	12.13	19.07	14.92	16.75
Net Avail. For Common Margin %	3.66	12.13	19.07	14.92	16.75
Normalized Net Income Margin	5.09	11.5	13.38	13.9	12.79
Levered Free Cash Flow Margin	-6.27	-12.5	1.33	-6.35	3.9
Unlevered Free Cash Flow Margin	-0.77	-10.35	1.96	-5.67	4.56
Asset Turnover
Asset Turnover	0.52	0.41	0.41	0.46	0.45
Fixed Assets Turnover	0.99	1.13	1.19	1.16	1.07
Receivables Turnover (Average Receivables)	6.01	5.93	6.4	6	5.45
Inventory Turnover (Average Inventory)	14.22	16.25	16.02	12.8	11.62
Short Term Liquidity
Current Ratio	0.39	10.4	2.01	1.71	1.02
Quick Ratio	0.35	10.17	1.84	1.48	0.86
Operating Cash Flow to Current Liabilities	0.13	1.05	0.5	0.67	0.4
Days Sales Outstanding (Average Receivables)	60.72	61.76	57.03	60.87	66.95
Days Outstanding Inventory (Average Inventory)	25.67	22.53	22.79	28.53	31.41
Average Days Payable Outstanding	54.34	47.72	47.29	57.24	68.53
Cash Conversion Cycle (Average Days)	32.06	36.56	32.53	32.16	29.83
Long Term Solvency
Total Debt/Equity	-1K	0.06	27.51	26.1	43.56
Total Debt / Total Capital	111.07	0.06	21.57	20.69	30.34
LT Debt/Equity	-312.42	0.02	26.73	22.39	37.11
Long-Term Debt / Total Capital	34.59	0.02	20.96	17.75	25.85
Total Liabilities / Total Assets	109.15	7.66	33.04	31.79	41.73
EBIT / Interest Expense	1.87	6.6	22.77	21.09	20.16
EBITDA / Interest Expense	2.6	8.15	27.54	25.31	24.79
(EBITDA - Capex) / Interest Expense	0.98	1.47	-1.19	8.31	3.35
Total Debt / EBITDA	8.19	0.01	1.94	1.46	2.55
Net Debt / EBITDA	6.6	-6.57	0.2	0.46	1.84
Total Debt / (EBITDA - Capex)	21.61	0.04	-44.93	4.45	18.86
Net Debt / (EBITDA - Capex)	17.43	-36.39	-4.64	1.4	13.63
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	41.73	29.1	65.17	38.02	27.57
Gross Profit, 1 Yr. Growth %	38.34	45.41	57.78	36.58	24.56
EBITDA, 1 Yr. Growth %	72.09	58.89	61.84	39.25	21.01
EBITA, 1 Yr. Growth %	78.37	77.01	65.2	39.83	18.27
EBIT, 1 Yr. Growth %	80.37	78.1	65.22	39.98	18.29
Earnings From Cont. Operations, 1 Yr. Growth %	1.54K	345.25	155.96	6.33	42.14
Net Income, 1 Yr. Growth %	1.44K	327.7	159.55	8	43.24
Normalized Net Income, 1 Yr. Growth %	320.05	191.84	92.15	43.33	17.38
Diluted EPS Before Extra, 1 Yr. Growth %	1.92K	175.44	86.84	8.45	40.26
Accounts Receivable, 1 Yr. Growth %	30.02	31.65	69.13	34.43	44.66
Inventory, 1 Yr. Growth %	1.07	11.45	128	49.76	36.87
Net Property, Plant and Equip., 1 Yr. Growth %	5.28	21.68	84.29	19.14	54.41
Total Assets, 1 Yr. Growth %	11.64	112.42	42.24	8.3	48.23
Tangible Book Value, 1 Yr. Growth %	2.27	-760.33	-46.58	22.87	-10.3
Common Equity, 1 Yr. Growth %	5.6	-2.21K	4.42	10.71	26.34
Cash From Operations, 1 Yr. Growth %	42.94	29.53	43.94	60.79	14.22
Capital Expenditures, 1 Yr. Growth %	-46.38	108.69	106	-10.55	56.07
Levered Free Cash Flow, 1 Yr. Growth %	-76.02	157.29	-117.61	-757.97	-178.37
Unlevered Free Cash Flow, 1 Yr. Growth %	-96.42	1.63K	-131.2	-500.15	-202.7
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %