Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. ^2582.HK

Finances

	2024	2023	2022	2021
Revenue	458.609 M ^{-12.22 %}	522.442 M ^{45.33 %}	359.492 M ^{9.18 %}	329.278 M
Net income	-210.280 M ^{-186.86 %}	-73.303 M ^{21.90 %}	-93.857 M ^{-31.85 %}	-71.187 M
Income before tax	-252.629 M ^{-184.46 %}	-88.809 M ^{23.50 %}	-116.090 M ^{-29.64 %}	-89.549 M
Income before tax ratio	-0.55 ^{-224.06 %}	-0.17 ^{47.36 %}	-0.32 ^{-18.74 %}	-0.27
EBITDA	-162.449 M ^{-392.03 %}	-33.016 M ^{57.59 %}	-77.854 M ^{-11.07 %}	-70.092 M
Net income ratio	-0.46 ^{-226.79 %}	-0.14 ^{46.26 %}	-0.26 ^{-20.76 %}	-0.22
Ratio EBITDA	-0.35 ^{-460.52 %}	-0.06 ^{70.82 %}	-0.22 ^{-1.74 %}	-0.21
Gross profit ratio	0.10 ^{-43.95 %}	0.18 ^{64.64 %}	0.11 ^{12.50 %}	0.10
Weighted average shs out dil	104.711 M ^{0.00 %}	104.711 M ^{0.00 %}	104.711 M ^{0.00 %}	104.711 M
Weighted average shs out	104.711 M ^{0.00 %}	104.711 M ^{0.00 %}	104.711 M ^{0.00 %}	104.711 M
EPS diluted	-1.99 ^{-172.60 %}	-0.73 ^{18.89 %}	-0.90 ^{-32.35 %}	-0.68
Earnings per share	-1.99 ^{-172.60 %}	-0.73 ^{18.89 %}	-0.90 ^{-32.35 %}	-0.68
Gross profit	45.937 M ^{-50.80 %}	93.365 M ^{139.26 %}	39.022 M ^{22.82 %}	31.772 M
Income tax expense	-44.001 M ^{-219.64 %}	-13.766 M ^{30.73 %}	-19.872 M ^{-38.97 %}	-14.300 M
Cost of revenue	412.672 M ^{-3.82 %}	429.077 M ^{33.89 %}	320.470 M ^{7.72 %}	297.506 M
General and administrative expenses	140.600 M ^{54.70 %}	90.888 M ^{118.16 %}	41.662 M ^{69.39 %}	24.595 M
Selling and marketing expenses	46.894 M ^{7.73 %}	43.530 M ^{330.78 %}	10.105 M ^{-11.87 %}	11.466 M
Other expenses	-13.680 M ^{42.63 %}	-23.847 M ^{-150.68 %}	47.052 M ^{170.34 %}	17.405 M
Operating expenses	217.574 M ^{45.40 %}	149.634 M ^{5.70 %}	141.559 M ^{48.71 %}	95.190 M
Cost and expenses	652.245 M ^{12.71 %}	578.711 M ^{25.25 %}	462.029 M ^{17.66 %}	392.696 M
Research and development expenses	43.760 M ^{12.02 %}	39.063 M ^{-8.60 %}	42.740 M ^{2.44 %}	41.724 M
Selling general and administrative expenses	187.494 M ^{39.49 %}	134.418 M ^{159.66 %}	51.767 M ^{43.55 %}	36.061 M
Interest income	2.269 M ^{62.42 %}	1.397 M ^{4.18 %}	1.341 M ^{-16.66 %}	1.609 M
Interest expense	32.807 M ^{43.60 %}	22.846 M ^{90.86 %}	11.970 M ^{131.21 %}	5.177 M
Depreciation and amortization	57.373 M ^{74.14 %}	32.947 M ^{25.44 %}	26.266 M ^{83.94 %}	14.280 M
Operating income	-193.636 M ^{-244.13 %}	-56.269 M ^{45.12 %}	-102.537 M ^{-61.68 %}	-63.418 M
Operating income ratio	-0.42 ^{-292.02 %}	-0.11 ^{62.24 %}	-0.29 ^{-48.10 %}	-0.19
Total other income expenses net	-58.993 M ^{-81.29 %}	-32.540 M ^{-140.09 %}	-13.553 M ^{48.13 %}	-26.131 M
	2024	2023	2022	2021

	2024	2023	2022	2021
Net debt	591.730 M ^{17.18 %}	504.993 M ^{10.33 %}	457.706 M ^{63 558.69 %}	719.000 K
Total investments	192.425 M ^{172.52 %}	70.610 M ^{18.58 %}	59.545 M ^{138.18 %}	25.000 M
Total debt	927.593 M ^{10.65 %}	838.291 M ^{56.81 %}	534.603 M ^{216.57 %}	168.872 M
Accumulated other comprehensive income loss	0.000	0.000	0.000	0.000
Retained earnings	-503.956 M ^{-71.60 %}	-293.676 M ^{-33.26 %}	-220.373 M ^{-74.19 %}	-126.516 M
Common stock	104.710 M ^{12.80 %}	92.829 M ^{3.09 %}	90.044 M ^{0.00 %}	90.044 M
Total equity	992.908 M ^{75.54 %}	565.622 M ^{-7.55 %}	611.838 M ^{-11.70 %}	692.890 M
Other non current liabilities	7.771 M ^{14.11 %}	6.810 M ^{147.37 %}	2.753 M ^{-18.16 %}	3.364 M
Long term debt	406.121 M ^{4.26 %}	389.532 M ^{29.51 %}	300.770 M ^{165.00 %}	113.498 M
Total non current liabilities	440.095 M ^{0.94 %}	435.976 M ^{27.48 %}	342.001 M ^{157.27 %}	132.937 M
Other current liabilities	250.926 M ^{-31.06 %}	363.982 M ^{48.44 %}	245.207 M ^{143.71 %}	100.616 M
Deferred revenue	0.000	0.000	0.000	0.000
Short term debt	521.472 M ^{16.20 %}	448.759 M ^{91.91 %}	233.833 M ^{322.28 %}	55.374 M
Total current liabilities	1.132 B ^{3.25 %}	1.096 B ^{54.04 %}	711.482 M ^{150.99 %}	283.470 M
Total liabilities	1.572 B ^{2.59 %}	1.532 B ^{45.41 %}	1.053 B ^{152.99 %}	416.407 M
Other non current assets	210.273 M ^{116.88 %}	96.952 M ^{22.66 %}	79.041 M ^{108.87 %}	37.843 M
Long term investments	0.000	0.000	0.000	0.000
Intangible assets	11.024 M ^{-13.79 %}	12.787 M ^{-12.10 %}	14.548 M ^{-10.80 %}	16.309 M
GoodWill	0.000	0.000	0.000	0.000
Goodwill and intangible assets	11.024 M ^{-13.79 %}	12.787 M ^{-12.10 %}	14.548 M ^{-10.80 %}	16.309 M
Property plant equipment net	956.739 M ^{24.77 %}	766.788 M ^{19.11 %}	643.786 M ^{111.70 %}	304.107 M
Total non current assets	1.298 B ^{37.31 %}	945.497 M ^{19.29 %}	792.621 M ^{101.41 %}	393.543 M
Other current assets	34.998 M ^{-38.74 %}	57.131 M ^{-19.19 %}	70.699 M ^{8.23 %}	65.321 M
Short term investments	47.305 M	0.000	0.000	0.000
cash and cash equivalents	335.863 M ^{0.77 %}	333.298 M ^{333.43 %}	76.897 M ^{-54.27 %}	168.153 M
Cash and short term investments	383.168 M ^{14.96 %}	333.298 M ^{333.43 %}	76.897 M ^{-54.27 %}	168.153 M
Total current assets	1.266 B ^{9.92 %}	1.152 B ^{32.01 %}	872.700 M ^{21.93 %}	715.754 M
Inventory	128.753 M ^{-27.82 %}	178.387 M ^{-38.62 %}	290.615 M ^{73.40 %}	167.596 M
Net receivables	719.361 M ^{23.34 %}	583.222 M ^{34.23 %}	434.489 M ^{38.07 %}	314.684 M
Tax assets	120.212 M ^{74.30 %}	68.970 M ^{24.84 %}	55.246 M ^{56.58 %}	35.284 M
Other assets	0.000	0.000	0.000	0.000
Account payables	356.470 M ^{27.35 %}	279.903 M ^{22.80 %}	227.939 M ^{90.42 %}	119.704 M
Tax payables	2.658 M ^{-19.28 %}	3.293 M ^{-26.87 %}	4.503 M ^{-42.09 %}	7.776 M
Deferred revenue non current	26.203 M ^{-33.89 %}	39.634 M ^{3.00 %}	38.478 M ^{139.37 %}	16.075 M
Minority interest	1.883 M ^{715.15 %}	231.000 K ^{809.48 %}	-32.559 K ^{98.38 %}	-2.010 M
Capital lease obligations	1.014 M ^{-11.21 %}	1.142 M ^{222.60 %}	354.000 K ^{-60.22 %}	890.000 K
Preferred stock	0.000	0.000	0.000	0.000
Other total stockholders equity	1.390 B ^{81.44 %}	766.238 M ^{3.24 %}	742.196 M ^{1.53 %}	731.005 M
Deferred tax liabilities non current	0.000	0.000	0.000	0.000
Other liabilities	0.000	0.000	0.000	0.000
Total assets	2.565 B ^{22.26 %}	2.098 B ^{25.95 %}	1.665 B ^{50.12 %}	1.109 B
	2024	2023	2022	2021

	2024	2023	2022	2021
Deferred income tax	0.000	0.000	0.000	0.000
Stock based compensation	60.483 M ^{1 159.01 %}	4.804 M	0.000	0.000
Change in working capital	15.592 M ^{-30.40 %}	22.402 M ^{123.08 %}	-97.049 M ^{52.64 %}	-204.929 M
Accounts receivables	-224.339 M ^{-27.09 %}	-176.522 M ^{-144.77 %}	-72.118 M ^{51.34 %}	-148.198 M
Inventory	47.843 M ^{-57.18 %}	111.740 M ^{191.02 %}	-122.758 M ^{-67.86 %}	-73.130 M
Accounts payables	0.000	0.000	0.000	0.000
Other working capital	192.088 M ^{120.32 %}	87.184 M ^{-10.88 %}	97.827 M ^{496.54 %}	16.399 M
Other non cash items	13.487 M ^{-59.81 %}	33.558 M ^{158.16 %}	12.999 M ^{-49.69 %}	25.836 M
Net cash provided by operating activities	-63.345 M ^{-857.62 %}	8.361 M ^{104.81 %}	-173.874 M ^{31.64 %}	-254.362 M
Investments in property plant and equipment	-229.011 M ^{-2.88 %}	-222.601 M ^{8.63 %}	-243.625 M ^{-100.54 %}	-121.484 M
Acquisitions net	-124.700 M ^{-5 742.55 %}	2.210 M ^{155.60 %}	-3.975 M ^{78.04 %}	-18.100 M
Purchases of investments	-47.305 M ^{-107.40 %}	-22.808 M ^{-52.06 %}	-15.000 M ^{-400.00 %}	-3.000 M
Sales maturities of investments	416.341 K ^{276.78 %}	110.499 K	0.000	0.000
Other investing activites	36.773 M ^{756.16 %}	-5.604 M ^{14.60 %}	-6.562 M ^{3.49 %}	-6.799 M
Net cash used for investing activites	-363.827 M ^{-46.30 %}	-248.693 M ^{7.60 %}	-269.162 M ^{-80.18 %}	-149.383 M
Debt repayment	88.636 M ^{-70.72 %}	302.715 M ^{-17.15 %}	365.365 M ^{767.87 %}	42.099 M
Common stock issued	389.334 M ^{1 647.46 %}	22.280 M	0.000 ^{-100.00 %}	452.500 M
Common stock repurchased	0.000	0.000	0.000	0.000
Dividends paid	0.000	0.000	0.000	0.000
Other financing activites	-48.478 M ^{-128.26 %}	171.555 M ^{1 362.83 %}	-13.585 M ^{-53.69 %}	-8.839 M
Net cash used provided by financing activities	429.492 M ^{-13.50 %}	496.550 M ^{41.15 %}	351.780 M ^{-27.58 %}	485.760 M
Effect of forex changes on cash	245.000 K ^{33.88 %}	183.000 K	0.000	0.000
Net change in cash	2.565 M ^{-99.00 %}	256.401 M ^{380.97 %}	-91.256 M ^{-211.27 %}	82.015 M
Cash at beginning of period	333.298 M ^{333.43 %}	76.897 M ^{-54.27 %}	168.153 M ^{95.21 %}	86.138 M
Cash at end of period	335.863 M ^{0.77 %}	333.298 M ^{333.43 %}	76.897 M ^{-54.27 %}	168.153 M
Operating cash flow	-63.345 M ^{-857.62 %}	8.361 M ^{104.81 %}	-173.874 M ^{31.64 %}	-254.362 M
Capital expenditure	-229.011 M ^{-2.88 %}	-222.601 M ^{8.63 %}	-243.625 M ^{-100.54 %}	-121.484 M
Free CashFlow	-292.356 M ^{-36.46 %}	-214.240 M ^{48.68 %}	-417.499 M ^{-11.08 %}	-375.846 M
	2024	2023	2022	2021

	2025-06-30
Revenue	117.035 M
Net income	-95.866 M
Income before tax	-114.130 M
Income before tax ratio	-0.98
EBITDA	-59.526 M
Net income ratio	-0.82
Ratio EBITDA	-0.51
Gross profit ratio	0.06
Weighted average shs out dil	104.710 M
Weighted average shs out	104.710 M
EPS diluted	-0.92
Earnings per share	-0.92
Gross profit	7.479 M
Income tax expense	-18.553 M
Cost of revenue	109.556 M
General and administrative expenses	0.000
Selling and marketing expenses	0.000
Other expenses	635.901 K
Operating expenses	117.501 M
Cost and expenses	227.057 M
Research and development expenses	18.026 M
Selling general and administrative expenses	98.839 M
Interest income	1.871 M
Interest expense	18.087 M
Depreciation and amortization	34.617 M
Operating income	-110.022 M
Operating income ratio	-0.94
Total other income expenses net	-4.108 M
	2025-06-30

	2025-06-30	2024-12-31	2024-05-31
Net debt	751.837 M ^{27.06 %}	591.730 M ^{-17.72 %}	719.150 M
Total investments	206.259 M ^{7.19 %}	192.425 M ^{5.84 %}	181.810 M
Total debt	1.039 B ^{12.05 %}	927.593 M ^{8.50 %}	854.912 M
Accumulated other comprehensive income loss	0.000	0.000	0.000
Retained earnings	-593.204 M ^{-17.71 %}	-503.956 M ^{-29.15 %}	-390.224 M
Common stock	104.710 M ^{0.00 %}	104.710 M ^{6.08 %}	98.710 M
Total equity	919.528 M ^{-7.39 %}	992.908 M ^{38.13 %}	718.828 M
Other non current liabilities	7.918 M ^{1.89 %}	7.771 M ^{15.92 %}	6.704 M
Long term debt	420.020 M ^{3.42 %}	406.121 M ^{8.72 %}	373.548 M
Total non current liabilities	447.508 M ^{1.68 %}	440.095 M ^{5.38 %}	417.642 M
Other current liabilities	189.888 M ^{-24.33 %}	250.926 M ^{67.13 %}	150.140 M
Deferred revenue	0.000	0.000	0.000
Short term debt	619.366 M ^{18.77 %}	521.472 M ^{8.33 %}	481.364 M
Total current liabilities	1.190 B ^{5.21 %}	1.132 B ^{25.33 %}	902.814 M
Total liabilities	1.638 B ^{4.22 %}	1.572 B ^{19.02 %}	1.320 B
Other non current assets	286.013 M ^{3.91 %}	275.254 M ^{30.97 %}	210.159 M
Long term investments	0.000	0.000	0.000
Intangible assets	0.000 ^{-100.00 %}	11.024 M ^{-8.53 %}	12.052 M
GoodWill	0.000	0.000	0.000
Goodwill and intangible assets	10.007 M ^{-9.23 %}	11.024 M ^{-8.53 %}	12.052 M
Property plant equipment net	937.995 M ^{4.34 %}	899.012 M ^{10.01 %}	817.176 M
Total non current assets	1.364 B ^{5.08 %}	1.298 B ^{15.04 %}	1.129 B
Other current assets	52.789 M ^{50.83 %}	34.998 M ^{-32.09 %}	51.536 M
Short term investments	0.000 ^{-100.00 %}	47.305 M	0.000
cash and cash equivalents	287.549 M ^{-14.39 %}	335.863 M ^{147.39 %}	135.762 M
Cash and short term investments	287.549 M ^{-24.95 %}	383.168 M ^{182.24 %}	135.762 M
Total current assets	1.193 B ^{-5.77 %}	1.266 B ^{39.04 %}	910.718 M
Inventory	158.887 M ^{23.40 %}	128.753 M ^{-34.72 %}	197.228 M
Net receivables	693.994 M ^{-3.53 %}	719.361 M ^{36.71 %}	526.192 M
Tax assets	130.241 M ^{15.30 %}	112.959 M ^{26.67 %}	89.179 M
Other assets	0.000	0.000	0.000
Account payables	377.573 M ^{5.92 %}	356.470 M ^{31.53 %}	271.019 M
Tax payables	3.612 M ^{35.89 %}	2.658 M ^{813.40 %}	291.000 K
Deferred revenue non current	19.570 M ^{-25.31 %}	26.203 M ^{-29.92 %}	37.390 M
Minority interest	998.000 K ^{-47.00 %}	1.883 M ^{3 403.51 %}	-57.000 K
Capital lease obligations	769.000 K ^{-24.16 %}	1.014 M ^{-52.64 %}	2.141 M
Preferred stock	0.000	0.000	0.000
Other total stockholders equity	1.407 B ^{1.21 %}	1.390 B ^{37.60 %}	1.010 B
Deferred tax liabilities non current	0.000	0.000	0.000
Other liabilities	0.000	0.000	0.000
Total assets	2.557 B ^{-0.28 %}	2.565 B ^{25.76 %}	2.039 B
	2025-06-30	2024-12-31	2024-05-31

	2025-06-30
Deferred income tax	0.000
Stock based compensation	0.000
Change in working capital	0.000
Accounts receivables	0.000
Inventory	0.000
Accounts payables	0.000
Other working capital	0.000
Other non cash items	-10.990 M
Net cash provided by operating activities	-72.239 M
Investments in property plant and equipment	-118.690 M
Acquisitions net	-4.028 M
Purchases of investments	-5.538 M
Sales maturities of investments	30.939 M
Other investing activites	-2.033 M
Net cash used for investing activites	-99.351 M
Debt repayment	120.114 M
Common stock issued	-300.762 K
Common stock repurchased	0.000
Dividends paid	0.000
Other financing activites	-285.724 K
Net cash used provided by financing activities	119.527 M
Effect of forex changes on cash	382.098 M
Net change in cash	330.035 M
Cash at beginning of period	0.000
Cash at end of period	330.035 M
Operating cash flow	-72.239 M
Capital expenditure	-118.690 M
Free CashFlow	-190.929 M
	2025

Date	Form 10K
2024	https://www1.hkexnews.hk/search/titlesearch.xhtml
2023	https://www1.hkexnews.hk/search/titlesearch.xhtml
2022	https://www1.hkexnews.hk/search/titlesearch.xhtml
2021	https://www1.hkexnews.hk/search/titlesearch.xhtml

Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. 2582.HK

Finances

Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. ^2582.HK