UNIGROUP GUOXIN MICROELECTRONICS CO., LTD.

Cash flow Unigroup Guoxin Microelectronics Co., Ltd.

Equities

002049

CNE000001M14

Semiconductors

End-of-day quote Shenzhen S.E. Other stock markets 2025-01-21			5-day change	1st Jan Change
60.41 ^CNY	+0.40%		+0.90%	-6.15%

Jan. 13	Unigroup Guoxin Microelectronics' Net Profit Drops 53% in 2024	MT
Jan. 13	Unigroup Guoxin Microelectronics Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2024	CI

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Published financial data: UNIGROUP GUOXIN MICROELECTRONICS CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	3.42B	3.25B	5.3B	7.09B	7.52B
Other Revenues, Total	10.78M	22.97M	42.9M	28.22M	50.09M
Total Revenues	3.43B	3.27B	5.34B	7.12B	7.57B
Cost of Goods Sold, Total	2.3B	1.58B	2.17B	2.64B	3B
Gross Profit	1.13B	1.69B	3.17B	4.48B	4.56B
Selling General & Admin Expenses, Total	345M	321M	467M	509M	599M
Provision for Bad Debts	22.42M	19.64M	-3.88M	-12.75M	8.77M
R&D Expenses	202M	347M	632M	1.21B	1.42B
Other Operating Expenses	20.24M	28.76M	50.34M	72.04M	41.79M
Other Operating Expenses, Total	590M	716M	1.15B	1.78B	2.07B
Operating Income	536M	970M	2.02B	2.7B	2.49B
Interest Expense, Total	-18.45M	-30.73M	-55.37M	-69.3M	-69.75M
Interest And Investment Income	15.87M	16.8M	105M	144M	167M
Net Interest Expenses	-2.58M	-13.93M	49.15M	74.42M	97.07M
Currency Exchange Gains (Loss)	-3.9M	14.54M	3.34M	11.81M	3.55M
Other Non Operating Income (Expenses)	-22.38M	-1.17M	-1.84M	-1.59M	-2.59M
EBT, Excl. Unusual Items	507M	969M	2.07B	2.79B	2.59B
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Investments	-94.57M	-91.64M	9.43M	-10.08M	17.42M
Gain (Loss) On Sale Of Assets	-4.15K	662K	3.71M	555K	190K
Asset Writedown	-101K	-810K	-2.22K	-4.84K	-71.64K
Other Unusual Items	43.59M	58.99M	90.09M	102M	115M
EBT, Incl. Unusual Items	456M	937M	2.18B	2.88B	2.72B
Income Tax Expense	55.62M	135M	192M	241M	187M
Earnings From Continuing Operations	401M	802M	1.98B	2.64B	2.53B
Net Income to Company	401M	802M	1.98B	2.64B	2.53B
Minority Interest	5.21M	4.85M	-30.21M	-8.52M	-2.95M
Net Income - (IS)	406M	806M	1.95B	2.63B	2.53B
Net Income to Common Incl Extra Items	406M	806M	1.95B	2.63B	2.53B
Net Income to Common Excl. Extra Items	406M	806M	1.95B	2.63B	2.53B
Per Share Items
Net EPS - Basic	0.48	0.95	2.3	3.1	2.99
Basic EPS - Continuing Operations	0.48	0.95	2.3	3.1	2.99
Basic Weighted Average Shares Outstanding	850M	850M	850M	850M	846M
Net EPS - Diluted	0.48	0.95	2.3	3.09	2.99
Diluted EPS - Continuing Operations	0.48	0.95	2.3	3.09	2.99
Diluted Weighted Average Shares Outstanding	850M	850M	850M	852M	847M
Normalized Basic EPS	0.38	0.72	1.49	2.04	1.91
Normalized Diluted EPS	0.38	0.72	1.49	2.04	1.91
Dividend Per Share	0.05	0.1	0.23	-	0.67
Payout Ratio	13.92	9.91	5.88	8.17	0.76
Supplemental Items
EBITDA	661M	1.16B	2.2B	3.01B	2.65B
EBITA	632M	1.14B	2.15B	2.94B	2.55B
EBIT	536M	970M	2.02B	2.7B	2.49B
EBITDAR	663M	1.16B	2.2B	3.01B	2.67B
Total Revenues (As Reported)	3.43B	3.27B	5.34B	7.12B	7.57B
Effective Tax Rate - (Ratio)	12.19	14.41	8.82	8.36	6.86
Total Current Taxes	74.59M	133M	-	225M	208M
Total Deferred Taxes	-18.97M	1.96M	-	16.48M	-21M
Normalized Net Income	322M	611M	1.27B	1.73B	1.61B
Interest Capitalized	5.89M	9.98M	-	-	-
Interest on Long-Term Debt	21.73M	25.82M	46.04M	57.34M	62.21M
Supplemental Operating Expense Items
Marketing Expenses	11.77M	25.48M	30.47M	-	-
Selling and Marketing Expenses	140M	190M	244M	272M	288M
General and Administrative Expenses	205M	131M	223M	237M	311M
Research And Development Expense From Footnotes	281M	396M	634M	1.21B	1.42B
Net Rental Expense, Total	2.12M	2.12M	2.12M	2.79M	21.72M
Imputed Operating Lease Interest Expense	849K	942K	792K	912K	6.48M
Imputed Operating Lease Depreciation	1.27M	1.18M	1.33M	1.88M	15.24M
Maintenance & Repair Expenses, Total	-	-	-	2.8M	3.45M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	1.18B	1.49B	3.16B	4.09B	3.08B
Short Term Investments	-	-	-	-	916M
Trading Asset Securities, Total	69.76M	-	-	-	1.04B
Total Cash And Short Term Investments	1.25B	1.49B	3.16B	4.09B	5.04B
Accounts Receivable, Total	1.92B	2.72B	4.06B	5.43B	6.2B
Other Receivables	281M	5.77M	7M	35.91M	83.7M
Total Receivables	2.2B	2.72B	4.06B	5.47B	6.28B
Inventory	864M	891M	1.22B	2.21B	2.51B
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	90.67M	189M	381M	480M	258M
Total Current Assets	4.4B	5.29B	8.83B	12.25B	14.09B
Gross Property Plant And Equipment	1B	776M	864M	993M	1.17B
Accumulated Depreciation	-569M	-539M	-509M	-545M	-585M
Net Property Plant And Equipment	435M	237M	356M	448M	586M
Long-term Investments	98.92M	138M	421M	1.03B	1.25B
Goodwill	686M	686M	686M	686M	686M
Other Intangibles, Total	641M	280M	355M	377M	320M
Deferred Tax Assets Long-Term	26.47M	27.51M	39.76M	19.62M	55.74M
Deferred Charges Long-Term	402M	488M	433M	37.65M	120M
Other Long-Term Assets, Total	92.43M	482M	471M	479M	424M
Total Assets	6.79B	7.63B	11.59B	15.33B	17.53B
Liabilities
Accounts Payable, Total	992M	1.01B	1.22B	1.35B	1.46B
Accrued Expenses, Total	258M	345M	602M	783M	924M
Short-term Borrowings	258M	298M	50M	-	37.93M
Current Portion of Long-Term Debt	20M	100M	86.03M	64.19M	295M
Current Portion of Leases	-	-	20.48M	6.26M	22.95M
Current Income Taxes Payable	21.08M	25.49M	55.03M	51.93M	48.14M
Unearned Revenue Current, Total	14.87M	153M	471M	809M	775M
Other Current Liabilities	53.88M	85.77M	132M	409M	369M
Total Current Liabilities	1.62B	2.02B	2.64B	3.48B	3.93B
Long-Term Debt	371M	417M	1.37B	1.76B	1.51B
Long-Term Leases	-	-	27.97M	11.7M	29.97M
Unearned Revenue Non Current	589M	204M	186M	54.09M	123M
Deferred Tax Liability Non Current	14.6M	17.6M	77.79M	73.99M	89.08M
Other Non Current Liabilities	800K	800K	800K	176M	116M
Total Liabilities	2.59B	2.66B	4.3B	5.55B	5.8B
Common Stock, Total	607M	607M	607M	850M	850M
Additional Paid In Capital	619M	649M	887M	648M	665M
Retained Earnings	2.95B	3.71B	5.58B	8.02B	10.55B
Treasury Stock	-	-	-	-	-600M
Comprehensive Income and Other	13.31M	-3.27M	168M	189M	193M
Total Common Equity	4.19B	4.96B	7.24B	9.7B	11.65B
Minority Interest	4.53M	6.18M	48.39M	72.08M	75.14M
Total Equity	4.19B	4.97B	7.29B	9.78B	11.73B
Total Liabilities And Equity	6.79B	7.63B	11.59B	15.33B	17.53B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	850M	850M	850M	850M	843M
ECS Total Common Shares Outstanding	850M	850M	850M	850M	843M
Book Value / Share	4.93	5.84	8.53	11.42	13.82
Tangible Book Value	2.86B	4B	6.2B	8.64B	10.65B
Tangible Book Value Per Share	3.37	4.7	7.3	10.17	12.63
Total Debt	649M	815M	1.55B	1.84B	1.9B
Net Debt	-600M	-670M	-1.61B	-2.25B	-3.14B
Debt Equivalent Oper. Leases	16.95M	16.95M	16.95M	22.35M	174M
Minority Interest, Total (Incl. Fin. Div)	4.53M	6.18M	48.39M	72.08M	75.14M
Equity Method Investments, Total	90.25M	102M	347M	447M	506M
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	182M	186M	267M	497M	624M
Inventories - Work In Process, Total	394M	402M	565M	765M	760M
Inventories - Finished Goods, Total	373M	385M	471M	1.06B	1.25B
Inventories - Others	-	-	-	-	-
Buildings, Total	120M	122M	95.47M	97.35M	101M
Machinery, Total	622M	631M	658M	829M	972M
Full Time Employees	2.19K	-	2.07K	2.24K	2.54K
Accumulated Allowance for Doubtful Accounts (Supple)	30.94M	48.62M	44.57M	26.6M	35.25M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	406M	806M	1.95B	2.63B	2.53B
Depreciation & Amortization - CF	28.62M	22.92M	44.72M	69.32M	109M
Amortization of Goodwill and Intangible Assets - (CF)	96.03M	169M	130M	235M	62.49M
Depreciation & Amortization, Total	125M	192M	174M	304M	171M
Amortization of Deferred Charges, Total - (CF)	8.15M	4.73M	7.16M	14.54M	18.48M
(Gain) Loss From Sale Of Asset	4.15K	-662K	-3.66M	-555K	-190K
(Gain) Loss on Sale of Investments - (CF)	94.57M	91.64M	-80M	-71.04M	-87.22M
Asset Writedown & Restructuring Costs	101K	810K	2.22K	4.84K	71.64K
Provision and Write-off of Bad Debts	22.42M	19.64M	-3.88M	-12.75M	8.77M
Other Operating Activities, Total	122M	22.59M	97.58M	111M	99.82M
Change In Accounts Receivable	-588M	-976M	-1.52B	-1.23B	-915M
Change In Inventories	-298M	45.05M	-331M	-1.05B	-365M
Change In Accounts Payable	394M	210M	912M	1.01B	331M
Change In Deferred Taxes	-18.97M	1.96M	-10.9M	16.48M	-21M
Cash from Operations	266M	418M	1.19B	1.73B	1.77B
Capital Expenditure	-513M	-801M	-424M	-307M	-250M
Sale of Property, Plant, and Equipment	234K	954K	8.75M	1.23M	509K
Cash Acquisitions	-	-	-	-	-
Divestitures	91.85M	-	-	-20M	16.03M
Investment in Marketable and Equity Securities, Total	10.22M	-47.93M	24.78M	2.9M	-1.04B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	265M	-	-	-
Other Investing Activities, Total	-71.43M	345M	-1.06M	-510M	-1.03B
Cash from Investing	-482M	-238M	-391M	-833M	-2.3B
Short Term Debt Issued, Total	-	-	-	-	199M
Long-Term Debt Issued, Total	369M	800M	267M	536M	37.9M
Total Debt Issued	369M	800M	267M	536M	237M
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-42.52M	-615M	-780M	-315M	-78.84M
Total Debt Repaid	-42.52M	-615M	-780M	-315M	-78.84M
Issuance of Common Stock	-	-	1.49B	-	-
Repurchase of Common Stock	-	-	-	-	-600M
Common Dividends Paid	-56.49M	-79.9M	-115M	-215M	-19.28M
Common & Preferred Stock Dividends Paid	-56.49M	-79.9M	-115M	-215M	-19.28M
Other Financing Activities, Total	-9.07M	-134M	71.15M	-111M	201M
Cash from Financing	261M	-28.66M	933M	-105M	-261M
Foreign Exchange Rate Adjustments	-5.7M	-10.98M	-1.91M	19.88M	10.97M
Net Change in Cash	38.63M	140M	1.73B	808M	-776M
Supplemental Items
Cash Interest Paid	1.61M	1.3M	-	-	-
Cash Income Tax Paid (Refund)	211M	305M	475M	733M	593M
Levered Free Cash Flow	-602M	-384M	-16.57M	88.31M	735M
Unlevered Free Cash Flow	-591M	-365M	18.04M	132M	778M
Change In Net Working Capital	546M	367M	1B	1.57B	717M
Net Debt Issued / Repaid	326M	185M	-513M	221M	158M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	5.36	8.64	13.15	12.56	9.47
Return on Total Capital	7.47	11.41	17.28	16.52	12.33
Return On Equity %	10.02	17.5	32.36	30.94	23.56
Return on Common Equity	10.17	17.63	32.01	31.06	23.7
Margin Analysis
Gross Profit Margin %	32.82	51.56	59.29	62.98	60.29
SG&A Margin	10.06	9.82	8.74	7.15	7.92
EBITDA Margin %	19.26	35.52	41.11	42.23	35
EBITA Margin %	18.43	34.82	40.27	41.28	33.73
EBIT Margin %	15.63	29.66	37.85	37.99	32.9
Income From Continuing Operations Margin %	11.68	24.51	37.14	37.08	33.49
Net Income Margin %	11.83	24.66	36.57	36.97	33.45
Net Avail. For Common Margin %	11.83	24.66	36.57	36.97	33.45
Normalized Net Income Margin	9.39	18.67	23.68	24.36	21.34
Levered Free Cash Flow Margin	-17.56	-11.75	-0.31	1.24	9.71
Unlevered Free Cash Flow Margin	-17.23	-11.16	0.34	1.85	10.29
Asset Turnover
Asset Turnover	0.55	0.47	0.56	0.53	0.46
Fixed Assets Turnover	9.86	9.89	18.02	17.71	14.63
Receivables Turnover (Average Receivables)	2.05	1.4	1.56	1.49	1.29
Inventory Turnover (Average Inventory)	2.79	1.81	2.06	1.53	1.27
Short Term Liquidity
Current Ratio	2.72	2.62	3.35	3.52	3.58
Quick Ratio	2.13	2.08	2.74	2.75	2.88
Operating Cash Flow to Current Liabilities	0.16	0.21	0.45	0.5	0.45
Days Sales Outstanding (Average Receivables)	178.35	261.36	233.3	244.21	282.39
Days Outstanding Inventory (Average Inventory)	130.87	202.71	177.4	237.91	287.1
Average Days Payable Outstanding	132.58	227.73	162.69	129.72	155.55
Cash Conversion Cycle (Average Days)	176.63	236.35	248	352.41	413.94
Long Term Solvency
Total Debt/Equity	15.48	16.41	21.3	18.85	16.18
Total Debt / Total Capital	13.41	14.1	17.56	15.86	13.92
LT Debt/Equity