Migao Group Holdings Limited ^9879.HK

Finances

	2025	2024	2023	2022	2021	2020
Revenue	4.966 B ^{31.70 %}	3.771 B ^{-20.16 %}	4.723 B ^{22.94 %}	3.841 B ^{84.54 %}	2.082 B ^{12.10 %}	1.857 B
Net income	307.471 M ^{21.78 %}	252.479 M ^{-37.67 %}	405.089 M ^{2.21 %}	396.337 M ^{95.92 %}	202.294 M ^{607.56 %}	28.590 M
Income before tax	413.373 M ^{23.91 %}	333.604 M ^{-37.46 %}	533.414 M ^{13.24 %}	471.044 M ^{77.80 %}	264.926 M ^{613.72 %}	37.119 M
Income before tax ratio	0.08 ^{-5.92 %}	0.09 ^{-21.66 %}	0.11 ^{-7.89 %}	0.12 ^{-3.65 %}	0.13 ^{536.69 %}	0.02
EBITDA	452.313 M ^{14.90 %}	393.663 M ^{-30.79 %}	568.819 M ^{25.36 %}	453.750 M ^{209.53 %}	146.594 M ^{1 326.95 %}	-11.948 M
Net income ratio	0.06 ^{-7.53 %}	0.07 ^{-21.93 %}	0.09 ^{-16.87 %}	0.10 ^{6.17 %}	0.10 ^{531.20 %}	0.02
Ratio EBITDA	0.09 ^{-12.76 %}	0.10 ^{-13.32 %}	0.12 ^{1.97 %}	0.12 ^{67.73 %}	0.07 ^{1 194.54 %}	-0.01
Gross profit ratio	0.13 ^{-9.14 %}	0.14 ^{-20.91 %}	0.18 ^{-7.36 %}	0.19 ^{52.33 %}	0.13 ^{157.04 %}	0.05
Weighted average shs out dil	910.126 M ^{33.36 %}	682.439 M ^{-24.17 %}	900.000 M ^{0.00 %}	900.000 M ^{0.00 %}	900.000 M ^{0.00 %}	900.000 M
Weighted average shs out	908.160 M ^{33.09 %}	682.378 M ^{-24.18 %}	900.000 M ^{0.00 %}	900.000 M ^{0.00 %}	900.000 M ^{0.00 %}	900.000 M
EPS diluted	0.34 ^{-8.11 %}	0.37 ^{-17.78 %}	0.45 ^{2.27 %}	0.44 ^{100.00 %}	0.22 ^{591.82 %}	0.03
Earnings per share	0.34 ^{-8.11 %}	0.37 ^{-17.78 %}	0.45 ^{2.27 %}	0.44 ^{100.00 %}	0.22 ^{591.82 %}	0.03
Gross profit	642.047 M ^{19.67 %}	536.504 M ^{-36.85 %}	849.616 M ^{13.90 %}	745.961 M ^{181.12 %}	265.357 M ^{188.13 %}	92.095 M
Income tax expense	73.889 M ^{28.70 %}	57.410 M ^{-48.70 %}	111.900 M ^{50.27 %}	74.464 M ^{27.50 %}	58.401 M ^{1 277.14 %}	-4.961 M
Cost of revenue	4.324 B ^{33.70 %}	3.234 B ^{-28.77 %}	4.540 B ^{16.19 %}	3.907 B ^{85.28 %}	2.109 B ^{19.50 %}	1.765 B
General and administrative expenses	137.045 M ^{46.73 %}	93.398 M ^{-11.63 %}	105.689 M ^{363.12 %}	22.821 M ^{-13.87 %}	26.495 M	0.000
Selling and marketing expenses	32.049 M ^{6.46 %}	30.105 M ^{-51.22 %}	61.716 M ^{-17.46 %}	74.768 M ^{164.16 %}	28.304 M	0.000
Other expenses	-17.135 M ^{-559.04 %}	-2.600 M ^{-89.23 %}	-1.374 M ^{-101.97 %}	69.699 M ^{147.55 %}	28.156 M	0.000
Operating expenses	186.790 M ^{23.02 %}	151.835 M ^{-22.95 %}	197.068 M ^{-4.40 %}	206.142 M ^{91.81 %}	107.470 M ^{-9.25 %}	118.427 M
Cost and expenses	4.511 B ^{33.22 %}	3.386 B ^{-18.86 %}	4.173 B ^{22.47 %}	3.407 B ^{75.77 %}	1.938 B ^{2.92 %}	1.883 B
Research and development expenses	34.831 M ^{12.61 %}	30.932 M ^{-0.34 %}	31.037 M ^{-20.12 %}	38.854 M ^{58.49 %}	24.515 M ^{1.82 %}	24.077 M
Selling general and administrative expenses	169.094 M ^{36.91 %}	123.503 M ^{-26.23 %}	167.405 M ^{71.54 %}	97.589 M ^{78.09 %}	54.799 M ^{-41.92 %}	94.350 M
Interest income	2.055 M ^{-54.06 %}	4.473 M ^{26.39 %}	3.539 M ^{-77.38 %}	15.645 M ^{32.01 %}	11.851 M ^{-86.38 %}	86.994 M
Interest expense	19.980 M ^{1.95 %}	19.597 M ^{11.02 %}	17.651 M ^{82.70 %}	9.661 M ^{-7.74 %}	10.471 M ^{-35.96 %}	16.350 M
Depreciation and amortization	18.960 M ^{110.81 %}	8.994 M ^{-55.69 %}	20.299 M ^{132.33 %}	8.737 M ^{2.57 %}	8.518 M ^{-40.78 %}	14.384 M
Operating income	455.257 M ^{18.35 %}	384.669 M ^{-32.60 %}	570.746 M ^{26.74 %}	450.327 M ^{214.33 %}	143.267 M ^{644.07 %}	-26.332 M
Operating income ratio	0.09 ^{-10.14 %}	0.10 ^{-15.58 %}	0.12 ^{3.09 %}	0.12 ^{70.33 %}	0.07 ^{585.36 %}	-0.01
Total other income expenses net	-41.884 M ^{17.98 %}	-51.065 M ^{-36.79 %}	-37.332 M ^{-280.20 %}	20.717 M ^{-82.97 %}	121.659 M ^{91.74 %}	63.452 M
	2025	2024	2023	2022	2021	2020

	2025	2024	2023	2022	2021	2020
Net debt	-154.158 M ^{41.12 %}	-261.805 M ^{-313.95 %}	122.366 M ^{-68.26 %}	385.477 M ^{45.55 %}	264.851 M ^{-53.59 %}	570.638 M
Total investments	89.605 M ^{-22.96 %}	116.307 M ^{-16.75 %}	139.706 M ^{1.91 %}	137.084 M ^{-61.79 %}	358.754 M ^{39.92 %}	256.401 M
Total debt	596.646 M ^{8.38 %}	550.538 M ^{52.25 %}	361.612 M ^{-17.02 %}	435.765 M ^{135.82 %}	184.784 M ^{-78.29 %}	851.045 M
Accumulated other comprehensive income loss	-1.177 B ^{-0.16 %}	-1.175 B ^{-0.02 %}	-1.175 B ^{-1.37 %}	-1.159 B ^{0.37 %}	-1.163 B ^{-10.56 %}	-1.052 B
Retained earnings	2.998 B ^{5.42 %}	2.844 B ^{9.74 %}	2.591 B ^{18.53 %}	2.186 B ^{22.15 %}	1.790 B ^{22.05 %}	1.466 B
Common stock	64.496 M ^{0.99 %}	63.861 M ^{96 659.09 %}	66.000 K ^{0.00 %}	66.000 K ^{0.00 %}	66.000 K ^{0.13 %}	65.917 K
Total equity	2.917 B ^{11.51 %}	2.616 B ^{45.30 %}	1.800 B ^{24.10 %}	1.451 B ^{86.51 %}	777.750 M ^{76.29 %}	441.186 M
Other non current liabilities	0.000	0.000	0.000	0.000 ^{-100.00 %}	3.351 M ^{47.29 %}	2.275 M
Long term debt	165.404 M ^{0.27 %}	164.961 M ^{93.22 %}	85.376 M ^{91.65 %}	44.548 M ^{-13.26 %}	51.360 M	0.000
Total non current liabilities	167.804 M ^{0.04 %}	167.744 M ^{89.44 %}	88.549 M ^{83.98 %}	48.129 M ^{-12.03 %}	54.711 M ^{782.68 %}	6.198 M
Other current liabilities	806.106 M ^{-10.48 %}	900.459 M ^{276.02 %}	239.472 M ^{-1.55 %}	243.237 M ^{-20.50 %}	305.961 M ^{-6.05 %}	325.649 M
Deferred revenue	0.000	0.000 ^{-100.00 %}	383.799 M ^{-49.20 %}	755.562 M ^{55.84 %}	484.821 M ^{254.02 %}	136.948 M
Short term debt	431.242 M ^{11.84 %}	385.577 M ^{39.58 %}	276.236 M ^{-29.39 %}	391.217 M ^{193.21 %}	133.424 M ^{-84.28 %}	848.770 M
Total current liabilities	2.162 B ^{18.65 %}	1.822 B ^{15.73 %}	1.574 B ^{-36.74 %}	2.489 B ^{46.78 %}	1.696 B ^{0.00 %}	1.696 B
Total liabilities	2.330 B ^{17.08 %}	1.990 B ^{4.75 %}	1.900 B ^{-39.35 %}	3.132 B ^{50.88 %}	2.076 B ^{21.98 %}	1.702 B
Other non current assets	59.248 M ^{337.25 %}	13.550 M ^{-29.95 %}	19.344 M ^{29.01 %}	14.995 M ^{295.08 %}	3.795 M ^{-65.99 %}	11.159 M
Long term investments	89.605 M ^{-22.96 %}	116.307 M ^{-16.75 %}	139.706 M ^{1.91 %}	137.084 M ^{-61.79 %}	358.754 M ^{39.92 %}	256.401 M
Intangible assets	2.377 M ^{-40.01 %}	3.962 M ^{-28.57 %}	5.547 M ^{-22.22 %}	7.132 M ^{-18.18 %}	8.717 M	0.000
GoodWill	12.069 M ^{0.00 %}	12.069 M ^{0.00 %}	12.069 M ^{0.00 %}	12.069 M ^{363.12 %}	2.606 M ^{0.12 %}	2.603 M
Goodwill and intangible assets	14.446 M ^{-9.89 %}	16.031 M ^{-9.00 %}	17.616 M ^{-8.25 %}	19.201 M ^{69.58 %}	11.323 M ^{335.04 %}	2.603 M
Property plant equipment net	630.763 M ^{5.29 %}	599.096 M ^{-18.55 %}	735.546 M ^{0.54 %}	731.590 M ^{153.10 %}	289.054 M ^{-4.65 %}	303.149 M
Total non current assets	798.759 M ^{7.22 %}	744.984 M ^{-18.78 %}	917.297 M ^{0.91 %}	909.011 M ^{36.61 %}	665.381 M ^{13.92 %}	584.061 M
Other current assets	231.141 M ^{51.86 %}	152.205 M ^{-46.87 %}	286.485 M ^{365.25 %}	-108.004 M ^{-118.47 %}	584.810 M ^{611.82 %}	82.157 M
Short term investments	82.758 M	0.000	0.000	0.000	0.000	0.000
cash and cash equivalents	750.804 M ^{-7.58 %}	812.343 M ^{32.62 %}	612.537 M ^{4.72 %}	584.912 M ^{64.24 %}	356.139 M ^{27.01 %}	280.408 M
Cash and short term investments	833.562 M ^{2.61 %}	812.343 M ^{122.11 %}	365.731 M ^{29.03 %}	283.456 M ^{418.13 %}	54.707 M ^{-80.49 %}	280.408 M
Total current assets	4.448 B ^{15.21 %}	3.861 B ^{57.54 %}	2.451 B ^{-17.88 %}	2.984 B ^{61.61 %}	1.846 B ^{18.44 %}	1.559 B
Inventory	183.157 M ^{-59.24 %}	449.326 M ^{-69.23 %}	1.460 B ^{-33.67 %}	2.201 B ^{192.07 %}	753.724 M ^{196.10 %}	254.555 M
Net receivables	3.200 B ^{30.78 %}	2.447 B ^{623.63 %}	338.111 M ^{-44.31 %}	607.147 M ^{33.97 %}	453.209 M ^{-51.88 %}	941.795 M
Tax assets	4.697 M	0.000 ^{-100.00 %}	5.085 M ^{-17.20 %}	6.141 M ^{150.14 %}	2.455 M ^{-77.16 %}	10.749 M
Other assets	0.000	0.000	0.000	0.000	0.000	0.000
Account payables	532.536 M ^{52.18 %}	349.931 M ^{-29.57 %}	496.875 M ^{-48.21 %}	959.464 M ^{37.61 %}	697.234 M ^{88.37 %}	370.141 M
Tax payables	392.043 M ^{110.63 %}	186.126 M ^{4.57 %}	177.991 M ^{27.84 %}	139.230 M ^{87.81 %}	74.132 M ^{426.41 %}	14.082 M
Deferred revenue non current	0.000	0.000	0.000	0.000	0.000	0.000
Minority interest	186.038 M ^{11.12 %}	167.416 M ^{-5.50 %}	177.154 M ^{-2.81 %}	182.273 M ^{428.72 %}	34.474 M ^{28.82 %}	26.763 M
Capital lease obligations	14.302 M ^{166.08 %}	5.375 M ^{-51.39 %}	11.057 M ^{32.93 %}	8.318 M ^{44.26 %}	5.766 M	0.000
Preferred stock	0.000	0.000	0.000	0.000	0.000	0.000
Other total stockholders equity	691.931 M ^{-24.68 %}	918.688 M	0.000	0.000	0.000	0.000
Deferred tax liabilities non current	2.400 M ^{-13.76 %}	2.783 M ^{-12.29 %}	3.173 M ^{-11.39 %}	3.581 M	0.000 ^{-100.00 %}	3.923 M
Other liabilities	0.000	0.000	0.000	0.000	0.000	0.000
Total assets	5.246 B ^{13.92 %}	4.606 B ^{24.48 %}	3.700 B ^{-19.26 %}	4.583 B ^{60.59 %}	2.854 B ^{33.16 %}	2.143 B
	2025	2024	2023	2022	2021	2020

	2025	2024	2023	2022	2021	2020
Deferred income tax	0.000	0.000	0.000	0.000	0.000	0.000
Stock based compensation	0.000	0.000	0.000	0.000	0.000	0.000
Change in working capital	-339.318 M ^{66.86 %}	-1.024 B ^{-193.78 %}	-348.544 M ^{16.13 %}	-415.594 M ^{-433.73 %}	124.528 M ^{165.21 %}	-190.959 M
Accounts receivables	-874.252 M ^{-4.90 %}	-833.435 M ^{-371.32 %}	-176.829 M ^{72.77 %}	-649.387 M ^{-932.86 %}	77.970 M ^{138.08 %}	-204.742 M
Inventory	302.914 M ^{206.57 %}	-284.235 M ^{-139.76 %}	714.888 M ^{212.76 %}	-634.018 M ^{-706.49 %}	-78.614 M ^{-855.88 %}	10.400 M
Accounts payables	0.000 ^{100.00 %}	-45.135 M ^{92.73 %}	-621.006 M ^{-213.07 %}	549.209 M ^{396.13 %}	-185.461 M ^{-346.93 %}	75.107 M
Other working capital	232.020 M ^{67.10 %}	138.853 M ^{144.00 %}	-315.552 M ^{-237.16 %}	230.063 M ^{-25.94 %}	310.633 M ^{533.09 %}	-71.724 M
Other non cash items	25.213 M ^{-91.95 %}	313.272 M ^{18 362.93 %}	1.697 M ^{356.03 %}	372.074 K ^{100.47 %}	-79.668 M ^{-13.62 %}	-70.116 M
Net cash provided by operating activities	118.228 M ^{126.86 %}	-440.134 M ^{-428.32 %}	134.055 M ^{2 772.59 %}	-5.016 M ^{-101.92 %}	261.236 M ^{219.78 %}	-218.100 M
Investments in property plant and equipment	-119.838 M ^{-1 021.97 %}	-10.681 M ^{92.82 %}	-148.767 M ^{-835.90 %}	-15.896 M ^{26.14 %}	-21.523 M ^{-1 647.53 %}	-1.232 M
Acquisitions net	0.000 ^{-100.00 %}	8.574 M ^{-50.64 %}	17.372 M ^{-49.95 %}	34.708 M ^{-83.02 %}	204.401 M ^{199 224.61 %}	102.547 K
Purchases of investments	-298.330 M	0.000 ^{100.00 %}	-27.953 M ^{92.20 %}	-358.254 M ^{20.75 %}	-452.069 M ^{-94.99 %}	-231.842 M
Sales maturities of investments	223.560 M	0.000 ^{-100.00 %}	30.238 M ^{-88.25 %}	257.235 M ^{85.81 %}	138.436 M ^{22.01 %}	113.460 M
Other investing activites	-76.409 M ^{-815.57 %}	10.678 M ^{-71.78 %}	37.841 M ^{-50.19 %}	75.964 M ^{48.66 %}	51.098 M ^{9.03 %}	46.865 M
Net cash used for investing activites	-271.017 M ^{-3 262.02 %}	8.571 M ^{109.39 %}	-91.270 M ^{-1 361.96 %}	-6.243 M ^{92.16 %}	-79.655 M ^{-9.65 %}	-72.646 M
Debt repayment	153.065 M ^{-48.39 %}	296.595 M ^{403.16 %}	58.946 M ^{-64.36 %}	165.409 M ^{533.86 %}	-38.125 M	0.000
Common stock issued	33.080 M ^{-96.03 %}	832.718 M ^{8 994.01 %}	-9.363 M ^{-147.78 %}	-3.779 M ^{-341.78 %}	-855.322 K ^{-348.43 %}	-190.738 K
Common stock repurchased	0.000	0.000	0.000	0.000	0.000	0.000
Dividends paid	-55.445 M	0.000	0.000	0.000	0.000	0.000
Other financing activites	-37.409 M ^{85.36 %}	-255.547 M ^{-1 094.26 %}	-21.398 M ^{-131.94 %}	66.984 M ^{171.26 %}	-93.993 M ^{-180.23 %}	117.155 M
Net cash used provided by financing activities	93.291 M ^{-89.32 %}	873.766 M ^{2 227.06 %}	37.548 M ^{-83.84 %}	232.393 M ^{275.90 %}	-132.118 M ^{-212.77 %}	117.155 M
Effect of forex changes on cash	-2.041 M ^{-146.29 %}	4.409 M ^{127.03 %}	1.942 M ^{-33.74 %}	2.931 M ^{464.10 %}	-805.000 K	0.000
Net change in cash	-61.539 M ^{-113.78 %}	446.612 M ^{442.83 %}	82.275 M ^{-64.04 %}	228.774 M ^{370.17 %}	48.658 M ^{128.03 %}	-173.591 M
Cash at beginning of period	812.343 M ^{122.11 %}	365.731 M ^{-37.47 %}	584.912 M ^{64.24 %}	356.139 M ^{16.08 %}	306.794 M ^{-32.42 %}	453.999 M
Cash at end of period	750.804 M ^{-7.58 %}	812.343 M ^{32.62 %}	612.537 M ^{4.72 %}	584.912 M ^{64.24 %}	356.139 M ^{27.01 %}	280.408 M
Operating cash flow	118.228 M ^{126.86 %}	-440.134 M ^{-418.78 %}	138.068 M ^{2 852.59 %}	-5.016 M ^{-101.70 %}	295.650 M ^{235.56 %}	-218.100 M
Capital expenditure	-119.838 M ^{-1 021.97 %}	-10.681 M ^{92.82 %}	-148.767 M ^{-835.90 %}	-15.896 M ^{26.14 %}	-21.523 M ^{-1 647.53 %}	-1.232 M
Free CashFlow	-1.610 M ^{99.64 %}	-450.815 M ^{-4 113.53 %}	-10.699 M ^{48.84 %}	-20.912 M ^{-107.63 %}	274.127 M ^{224.98 %}	-219.332 M
	2025	2024	2023	2022	2021	2020

	2025-03-31	2024-09-30	2024-03-31	2023-09-30
Revenue	2.838 B ^{33.34 %}	2.128 B ^{-15.37 %}	2.515 B ^{100.26 %}	1.256 B
Net income	226.781 M ^{181.05 %}	80.690 M ^{-57.34 %}	189.158 M ^{198.73 %}	63.321 M
Income before tax	321.455 M ^{249.72 %}	91.918 M ^{-64.23 %}	256.995 M ^{235.46 %}	76.609 M
Income before tax ratio	0.11 ^{162.28 %}	0.04 ^{-57.74 %}	0.10 ^{67.51 %}	0.06
EBITDA	355.724 M ^{199.29 %}	118.856 M ^{-60.33 %}	299.641 M ^{139.81 %}	124.949 M
Net income ratio	0.08 ^{110.78 %}	0.04 ^{-49.59 %}	0.08 ^{49.17 %}	0.05
Ratio EBITDA	0.13 ^{124.46 %}	0.06 ^{-53.13 %}	0.12 ^{19.75 %}	0.10
Gross profit ratio	0.16 ^{85.89 %}	0.09 ^{-39.43 %}	0.14 ^{1.92 %}	0.14
Weighted average shs out dil	908.938 M ^{-0.13 %}	910.126 M ^{31.93 %}	689.877 M ^{2.20 %}	675.000 M
Weighted average shs out	908.942 M ^{0.09 %}	908.160 M ^{31.66 %}	689.794 M ^{2.19 %}	675.006 M
EPS diluted	0.24 ^{170.88 %}	0.09 ^{-68.36 %}	0.28 ^{198.51 %}	0.09
Earnings per share	0.24 ^{170.27 %}	0.09 ^{-68.29 %}	0.28 ^{198.51 %}	0.09
Gross profit	457.480 M ^{147.87 %}	184.567 M ^{-48.74 %}	360.080 M ^{104.10 %}	176.424 M
Income tax expense	57.314 M ^{245.79 %}	16.575 M ^{-60.59 %}	42.059 M ^{173.98 %}	15.351 M
Cost of revenue	2.380 B ^{22.46 %}	1.944 B ^{-9.80 %}	2.155 B ^{99.64 %}	1.079 B
General and administrative expenses	73.976 M ^{17.29 %}	63.069 M ^{40.39 %}	44.924 M ^{-7.32 %}	48.474 M
Selling and marketing expenses	18.527 M ^{37.01 %}	13.522 M ^{-17.05 %}	16.302 M ^{18.10 %}	13.803 M
Other expenses	0.000	0.000	0.000	0.000
Operating expenses	114.538 M ^{22.66 %}	93.380 M ^{28.50 %}	72.668 M ^{-8.21 %}	79.167 M
Cost and expenses	2.495 B ^{22.47 %}	2.037 B ^{-8.55 %}	2.227 B ^{92.27 %}	1.158 B
Research and development expenses	18.042 M ^{7.46 %}	16.789 M ^{19.56 %}	14.042 M ^{-16.86 %}	16.890 M
Selling general and administrative expenses	96.496 M ^{25.99 %}	76.591 M ^{30.64 %}	58.626 M ^{-5.86 %}	62.277 M
Interest income	0.000	0.000	0.000	0.000
Interest expense	0.000	0.000	0.000	0.000
Depreciation and amortization	12.782 M ^{-53.80 %}	27.669 M ^{126.26 %}	12.229 M ^{-55.84 %}	27.692 M
Operating income	342.942 M ^{276.09 %}	91.187 M ^{-68.27 %}	287.412 M ^{195.52 %}	97.257 M
Operating income ratio	0.12 ^{182.05 %}	0.04 ^{-62.51 %}	0.11 ^{47.57 %}	0.08
Total other income expenses net	-21.487 M ^{-3 039.40 %}	731.000 K ^{102.40 %}	-30.417 M ^{-47.31 %}	-20.648 M
	2025-03-31	2024-09-30	2024-03-31	2023-09-30

	2025-03-31	2024-09-30	2024-03-31	2023-09-30
Net debt	-154.158 M ^{-166.88 %}	230.504 M ^{188.04 %}	-261.805 M	0.000
Total investments	89.605 M ^{-78.32 %}	413.391 M ^{255.43 %}	116.307 M	0.000
Total debt	596.646 M ^{53.42 %}	388.898 M ^{-29.36 %}	550.538 M	0.000
Accumulated other comprehensive income loss	0.000 ^{100.00 %}	-1.173 B	0.000 ^{-100.00 %}	1.421 B
Retained earnings	2.998 B ^{2.51 %}	2.924 B ^{8.48 %}	2.696 B	0.000
Common stock	64.496 M ^{0.00 %}	64.496 M ^{0.99 %}	63.861 M	0.000
Total equity	2.917 B ^{9.80 %}	2.656 B ^{1.56 %}	2.616 B ^{65.98 %}	1.576 B
Other non current liabilities	0.000 ^{-100.00 %}	2.588 M	0.000 ^{100.00 %}	-1.576 B
Long term debt	165.404 M ^{11.20 %}	148.746 M ^{-9.83 %}	164.961 M	0.000
Total non current liabilities	167.804 M ^{10.88 %}	151.334 M ^{-9.78 %}	167.744 M ^{110.64 %}	-1.576 B
Other current liabilities	806.106 M ^{-10.38 %}	899.425 M ^{14.44 %}	785.910 M	0.000
Deferred revenue	0.000	0.000	0.000	0.000
Short term debt	431.242 M ^{79.57 %}	240.152 M ^{-37.72 %}	385.577 M	0.000
Total current liabilities	2.162 B ^{44.66 %}	1.495 B ^{-17.98 %}	1.822 B	0.000
Total liabilities	2.330 B ^{41.55 %}	1.646 B ^{-17.29 %}	1.990 B ^{226.27 %}	-1.576 B
Other non current assets	59.248 M ^{-25.75 %}	79.790 M ^{709.97 %}	9.851 M ^{102.69 %}	-365.731 M
Long term investments	89.605 M ^{-20.59 %}	112.839 M ^{-2.98 %}	116.307 M	0.000
Intangible assets	2.377 M ^{-25.02 %}	3.170 M ^{-19.99 %}	3.962 M	0.000
GoodWill	12.069 M ^{0.00 %}	12.069 M ^{0.00 %}	12.069 M	0.000
Goodwill and intangible assets	14.446 M ^{-5.20 %}	15.239 M ^{-4.94 %}	16.031 M	0.000
Property plant equipment net	630.763 M ^{3.96 %}	606.713 M ^{1.27 %}	599.096 M	0.000
Total non current assets	798.759 M ^{-1.94 %}	814.581 M ^{9.34 %}	744.984 M ^{303.70 %}	-365.731 M
Other current assets	231.141 M ^{-2.82 %}	237.860 M ^{56.28 %}	152.205 M	0.000
Short term investments	82.758 M ^{-72.46 %}	300.552 M	0.000	0.000
cash and cash equivalents	750.804 M ^{374.01 %}	158.394 M ^{-80.50 %}	812.343 M	0.000
Cash and short term investments	833.562 M ^{81.63 %}	458.946 M ^{-43.50 %}	812.343 M ^{122.11 %}	365.731 M
Total current assets	4.448 B ^{27.52 %}	3.488 B ^{-9.66 %}	3.861 B ^{955.57 %}	365.731 M
Inventory	183.157 M ^{-92.74 %}	2.522 B ^{461.32 %}	449.326 M	0.000
Net receivables	3.200 B ^{1 090.39 %}	268.808 M ^{-89.01 %}	2.447 B	0.000
Tax assets	4.697 M	0.000 ^{-100.00 %}	3.699 M	0.000
Other assets	0.000	0.000	0.000	0.000
Account payables	532.536 M ^{50.03 %}	354.949 M ^{1.43 %}	349.931 M	0.000
Tax payables	392.043 M	0.000 ^{-100.00 %}	300.675 M	0.000
Deferred revenue non current	0.000	0.000	0.000	0.000
Minority interest	186.038 M ^{25.13 %}	148.678 M ^{-11.19 %}	167.416 M	0.000
Capital lease obligations	14.302 M ^{487.83 %}	2.433 M ^{-54.73 %}	5.375 M	0.000
Preferred stock	0.000	0.000	0.000	0.000
Other total stockholders equity	-331.415 M ^{-147.90 %}	691.931 M ^{322.29 %}	-311.281 M ^{-300.72 %}	155.081 M
Deferred tax liabilities non current	2.400 M	0.000 ^{-100.00 %}	2.783 M	0.000
Other liabilities	0.000	0.000	0.000	0.000
Total assets	5.246 B ^{21.94 %}	4.302 B ^{-6.58 %}	4.606 B	0.000
	2025-03-31	2024-09-30	2024-03-31	2023-09-30

	2025-03-31	2024-09-30	2024-03-31	2023-09-30
Deferred income tax	0.000	0.000	0.000	0.000
Stock based compensation	0.000	0.000	0.000	0.000
Change in working capital	-571.338 M	0.000 ^{100.00 %}	-1.024 B	0.000
Accounts receivables	-873.566 M	0.000 ^{100.00 %}	-763.846 M	0.000
Inventory	302.914 M	0.000 ^{100.00 %}	-260.502 M	0.000
Accounts payables	0.000	0.000	0.000	0.000
Other working capital	-686.000 K	0.000 ^{-100.00 %}	396.000 K	0.000
Other non cash items	704.931 M ^{306.24 %}	-341.796 M ^{-165.39 %}	522.690 M ^{349.59 %}	-209.418 M
Net cash provided by operating activities	351.665 M ^{250.65 %}	-233.437 M ^{27.44 %}	-321.729 M ^{-171.72 %}	-118.405 M
Investments in property plant and equipment	24.475 M ^{129.18 %}	-83.887 M ^{-1 105.10 %}	-6.961 M ^{-87.12 %}	-3.720 M
Acquisitions net	0.000	0.000	0.000	0.000
Purchases of investments	0.000	0.000	0.000	0.000
Sales maturities of investments	0.000	0.000	0.000	0.000
Other investing activites	94.494 M ^{130.87 %}	-306.099 M ^{-857.13 %}	-31.981 M ^{-162.42 %}	51.233 M
Net cash used for investing activites	118.969 M ^{130.51 %}	-389.986 M ^{-901.45 %}	-38.942 M ^{-181.96 %}	47.513 M
Debt repayment	0.000	0.000 ^{-100.00 %}	18.096 M	0.000
Common stock issued	0.000	0.000	0.000	0.000
Common stock repurchased	0.000	0.000	0.000	0.000
Dividends paid	-55.445 M	0.000	0.000	0.000
Other financing activites	178.289 M ^{703.29 %}	-29.553 M ^{-103.12 %}	947.741 M ^{1 129.36 %}	-92.071 M
Net cash used provided by financing activities	122.844 M ^{515.67 %}	-29.553 M ^{-103.06 %}	965.837 M ^{1 149.01 %}	-92.071 M
Effect of forex changes on cash	-1.068 M ^{-9.76 %}	-973.000 K ^{-124.51 %}	3.970 M ^{804.33 %}	439.000 K
Net change in cash	0.000	0.000 ^{100.00 %}	-203.207 M	0.000
Cash at beginning of period	0.000	0.000 ^{-100.00 %}	203.207 M	0.000
Cash at end of period	0.000	0.000	0.000	0.000
Operating cash flow	351.665 M ^{250.65 %}	-233.437 M ^{27.44 %}	-321.729 M ^{-171.72 %}	-118.405 M
Capital expenditure	24.475 M ^{129.18 %}	-83.887 M ^{-1 105.10 %}	-6.961 M ^{-87.12 %}	-3.720 M
Free CashFlow	376.140 M ^{218.53 %}	-317.324 M ^{3.46 %}	-328.690 M ^{-169.14 %}	-122.125 M
	2025	2024	2024	2023

Date	Form 10K
2025	https://www1.hkexnews.hk/search/titlesearch.xhtml
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
2020	https://www1.hkexnews.hk/search/titlesearch.xhtml

Migao Group Holdings Limited 9879.HK

Finances

Migao Group Holdings Limited ^9879.HK