Shandong HiSpeed New Energy Group Limited (1250.HK)

Utilities | Renewable Utilities
Income Statement (Quarterly) 2026-04-07 2025-06-30 2025-03-31 2024-12-31
Revenue 2,629,430,332 2,629,430,332 1,285,948,405 908,566,500
Cost of Revenue 1,310,685,486 1,310,685,486 641,003,448 561,246,000
Gross Profit 1,318,744,846 1,318,744,846 644,944,956 347,320,500
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 221,927,734 221,927,734 108,535,910 47,924,000
Operating Expenses 221,927,734 221,927,734 108,535,910 47,924,000
Operating Income 1,096,817,112 1,096,817,112 536,409,047 299,396,500
Interest Expense 1,200,627,926 1,200,627,926 0 0
Income Before Tax 551,821,320 551,821,320 269,873,568 75,701,500
Income Tax Expense 121,361,592 121,361,592 59,353,064 44,257,000
Net Income 314,306,310 314,306,310 153,714,549 -7,369,500
Per Share
EPS 0.14 0.14 0.07 0.00
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenue 4,423,147,000 4,963,431,000 5,296,197,000 6,023,419,000 5,551,791,000
Cost of Revenue 2,401,770,000 2,552,221,000 2,735,702,000 3,446,896,000 2,888,927,000
Gross Profit 2,021,377,000 2,411,210,000 2,560,495,000 2,576,523,000 2,662,864,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 354,085,000 486,482,000 515,323,000 512,359,000 388,599,000
Operating Expenses 354,085,000 486,482,000 687,656,000 1,537,070,000 437,253,000
Operating Income 1,667,292,000 1,924,728,000 2,012,942,000 726,229,000 2,225,611,000
Interest Expense 0 1,517,497,000 1,803,324,000 1,518,742,000 1,323,729,000
Income Before Tax 658,754,000 630,297,000 283,466,000 -264,874,000 1,018,410,000
Income Tax Expense 195,984,000 242,832,000 57,655,000 23,960,000 131,970,000
Net Income 284,242,000 378,198,000 258,236,000 -321,312,000 659,983,000
Per Share
EPS 0.13 0.17 0.14 -0.01 0.01
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets
Cash and Cash Equivalents 3,645,621,000 4,892,415,000 3,637,264,000 1,140,832,000
Short Term Investments 553,173,000 542,514,000 411,916,000 581,123,000
Net Receivables 9,364,417,000 9,440,457,000 9,386,480,000 0
Inventory 44,686,000 71,424,000 95,003,000 126,520,000
Total Current Assets 16,577,295,000 18,499,401,000 16,585,420,000 16,132,479,000
Property Plant Equipment 25,406,255,051 27,295,692,000 25,045,556,000 27,732,405,000
Goodwill and Intangibles 4,353,064,000 5,015,938,000 2,965,670,000 3,726,597,000
Total Assets 48,404,532,000 54,705,772,000 52,028,265,000 54,874,237,000
Liabilities
Account Payables 890,344,000 1,485,817,000 1,941,813,000 3,296,057,000
Short Term Debt 7,194,877,000 8,980,525,000 6,118,460,000 11,239,217,000
Total Current Liabilities 8,846,209,000 12,021,579,000 10,162,375,000 18,702,835,000
Long Term Debt 21,397,488,661 22,882,133,000 24,981,627,000 20,930,265,000
Total Liabilities 29,046,565,000 35,414,760,000 36,936,541,000 42,792,183,000
Shareholders Equity
Retained Earnings 3,971,147,000 4,256,826,000 3,878,628,000 0
Total Shareholders Equity 13,227,328,000 14,394,006,000 14,556,221,000 11,250,423,000
Balance Sheet (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets
Cash and Cash Equivalents 3,645,621,000 4,892,415,000 3,637,264,000 1,140,832,000 2,521,536,000
Short Term Investments 553,173,000 542,514,000 411,916,000 581,123,000 0
Net Receivables 9,364,417,000 9,440,457,000 9,386,480,000 0 0
Inventory 44,686,000 71,424,000 95,003,000 126,520,000 169,425,000
Total Current Assets 16,577,295,000 18,499,401,000 16,585,420,000 16,132,479,000 17,638,132,000
Property Plant Equipment 25,406,255,051 27,295,692,000 25,045,556,000 27,732,405,000 26,347,029,000
Goodwill and Intangibles 4,353,064,000 5,015,938,000 2,965,670,000 3,726,597,000 3,788,101,000
Total Assets 48,404,532,000 54,705,772,000 52,028,265,000 54,874,237,000 57,127,247,000
Liabilities
Account Payables 890,344,000 1,485,817,000 1,941,813,000 3,296,057,000 5,898,149,000
Short Term Debt 7,194,877,000 8,980,525,000 6,118,460,000 11,239,217,000 6,237,622,000
Total Current Liabilities 8,846,209,000 12,021,579,000 10,162,375,000 18,702,835,000 16,588,807,000
Long Term Debt 21,397,488,661 22,882,133,000 24,981,627,000 20,930,265,000 24,469,470,000
Total Liabilities 29,046,565,000 35,414,760,000 36,936,541,000 42,792,183,000 44,002,357,000
Shareholders Equity
Retained Earnings 3,971,147,000 4,256,826,000 3,878,628,000 0 0
Total Shareholders Equity 13,227,328,000 14,394,006,000 14,556,221,000 11,250,423,000 13,124,890,000
Cash Flow Statement (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Activities
Net Income 302,453,504 378,198,000 283,466,000 -321,312,000
Depreciation & Amortization 1,985,618,184 1,892,507,000 1,579,347,000 1,687,985,000
Stock Based Compensation -14,897 -6,000 2,031,000 7,604,000
Change in Working Capital -1,344,319,967 -1,538,788,000 268,263,000 -1,177,232,000
Operating Cash Flow 2,294,418,869 1,998,004,000 3,664,586,000 2,293,939,000
Investing Activities
Capital Expenditure -1,321,105,143 -1,641,473,000 -969,322,000 -1,426,614,000
Investments -1,321,105,143 -1,601,678,000 -969,322,000 -1,346,657,000
Investing Cash Flow -1,291,610,175 -2,572,783,000 -1,382,664,000 -2,524,564,000
Financing Activities
Debt Repayment -2,594,149,417 -971,844,000 -13,668,093,000 -8,514,089,000
Common Stock Issued/Repurchased 0 0 4,685,188,000 0
Dividends Paid 0 0 0 0
Financing Cash Flow -1,860,152,577 1,937,356,000 349,558,000 -1,212,413,000
Summary
Free Cash Flow 973,313,726 356,531,000 2,695,264,000 867,325,000
Net Change in Cash -4,892,415,000 1,255,151,000 2,496,432,000 -1,380,704,000
Cash Flow Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Activities
Net Income 302,453,504 378,198,000 283,466,000 -321,312,000 659,983,000
Depreciation & Amortization 1,985,618,184 1,892,507,000 1,579,347,000 1,687,985,000 1,181,311,000
Stock Based Compensation -14,897 -6,000 2,031,000 7,604,000 -5,019,000
Change in Working Capital -1,344,319,967 -1,538,788,000 268,263,000 -1,177,232,000 -1,673,301,000
Operating Cash Flow 2,294,418,869 1,998,004,000 3,664,586,000 2,293,939,000 1,616,097,000
Investing Activities
Capital Expenditure -1,321,105,143 -1,641,473,000 -969,322,000 -1,426,614,000 -2,371,624,000
Investments -1,321,105,143 -1,601,678,000 -969,322,000 -1,346,657,000 -2,123,905,000
Investing Cash Flow -1,291,610,175 -2,572,783,000 -1,382,664,000 -2,524,564,000 -2,848,162,000
Financing Activities
Debt Repayment -2,594,149,417 -971,844,000 -13,668,093,000 -8,514,089,000 -6,067,612,000
Common Stock Issued/Repurchased 0 0 4,685,188,000 0 0
Dividends Paid 0 0 0 0 0
Financing Cash Flow -1,860,152,577 1,937,356,000 349,558,000 -1,212,413,000 -185,043,000
Summary
Free Cash Flow 973,313,726 356,531,000 2,695,264,000 867,325,000 -755,527,000
Net Change in Cash -4,892,415,000 1,255,151,000 2,496,432,000 -1,380,704,000 -1,177,299,000