Heng Hup Holdings Limited (1891.HK)

Industrials | Manufacturing Metal Fabrication
Income Statement (Quarterly) 2026-04-08 2025-06-30 2025-03-31 2024-12-31
Revenue 724,957,000 724,957,000 362,478,500 420,726,000
Cost of Revenue 663,224,000 663,224,000 331,612,000 388,644,000
Gross Profit 61,733,000 61,733,000 30,866,500 32,082,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 48,261,000 48,261,000 24,130,500 22,772,000
Operating Expenses 47,197,000 47,197,000 23,598,500 22,588,000
Operating Income 14,536,000 14,536,000 7,268,000 9,494,000
Interest Expense 0 1,924,000 0 0
Income Before Tax 12,612,000 12,612,000 6,306,000 8,397,500
Income Tax Expense 5,445,000 5,445,000 2,722,500 2,683,500
Net Income 8,471,000 8,471,000 4,235,500 7,004,000
Per Share
EPS 0.01 0.01 0.00 0.01
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 1,706,659,000 1,346,983,000 1,404,575,000 1,418,239,000 868,312,000
Cost of Revenue 1,580,695,000 1,269,904,000 1,352,246,000 1,340,665,000 819,326,000
Gross Profit 125,964,000 77,079,000 52,329,000 77,574,000 48,986,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 86,418,000 60,235,000 50,700,000 44,709,000 37,338,000
Operating Expenses 88,079,000 59,202,000 46,498,000 41,810,000 35,611,000
Operating Income 37,885,000 17,877,000 6,472,000 36,909,000 13,375,000
Interest Expense 5,468,000 4,194,000 2,446,000 1,608,000 847,000
Income Before Tax 32,862,000 14,349,000 4,275,000 35,546,000 12,677,000
Income Tax Expense 11,320,000 6,111,000 2,800,000 10,132,000 4,285,000
Net Income 25,464,000 8,540,000 1,475,000 25,485,000 8,392,000
Per Share
EPS 0.03 0.01 0.00 0.03 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 45,063,000 19,725,000 25,218,000 26,349,000
Short Term Investments 6,253,000 5,128,000 3,003,000 0
Net Receivables 164,961,000 -5,128,000 110,577,000 0
Inventory 56,028,000 68,022,000 49,404,000 56,911,000
Total Current Assets 290,044,000 300,651,000 209,325,000 241,839,000
Property Plant Equipment 61,881,000 55,808,000 61,755,000 30,811,000
Goodwill and Intangibles 1,188,000 1,240,000 305,000 0
Total Assets 380,346,000 382,106,000 278,456,000 280,020,000
Liabilities
Account Payables 31,375,000 43,391,000 9,942,000 22,890,000
Short Term Debt 70,023,000 88,736,000 40,462,000 29,700,000
Total Current Liabilities 125,300,000 149,978,000 60,307,000 67,811,000
Long Term Debt 19,509,000 18,720,000 13,723,000 4,920,000
Total Liabilities 145,693,000 169,516,000 74,676,000 73,248,000
Shareholders Equity
Retained Earnings 154,762,000 129,298,000 120,758,000 122,844,000
Total Shareholders Equity 238,437,000 213,297,000 204,757,000 206,843,000
Balance Sheet (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets
Cash and Cash Equivalents 45,063,000 19,725,000 25,218,000 26,349,000 25,080,000
Short Term Investments 6,253,000 5,128,000 3,003,000 0 0
Net Receivables 164,961,000 -5,128,000 110,577,000 0 0
Inventory 56,028,000 68,022,000 49,404,000 56,911,000 34,079,000
Total Current Assets 290,044,000 300,651,000 209,325,000 241,839,000 192,485,000
Property Plant Equipment 61,881,000 55,808,000 61,755,000 30,811,000 29,507,000
Goodwill and Intangibles 1,188,000 1,240,000 305,000 0 586,000
Total Assets 380,346,000 382,106,000 278,456,000 280,020,000 228,779,000
Liabilities
Account Payables 31,375,000 43,391,000 9,942,000 22,890,000 14,561,000
Short Term Debt 70,023,000 88,736,000 40,462,000 29,700,000 15,434,000
Total Current Liabilities 125,300,000 149,978,000 60,307,000 67,811,000 38,002,000
Long Term Debt 19,509,000 18,720,000 13,723,000 4,920,000 6,057,000
Total Liabilities 145,693,000 169,516,000 74,676,000 73,248,000 44,530,000
Shareholders Equity
Retained Earnings 154,762,000 129,298,000 120,758,000 122,844,000 100,250,000
Total Shareholders Equity 238,437,000 213,297,000 204,757,000 206,843,000 184,249,000
Cash Flow Statement (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Activities
Net Income 32,862,000 14,349,000 4,275,000 25,485,000
Depreciation & Amortization 9,832,000 8,000,000 6,828,000 4,879,000
Stock Based Compensation 0 0 0 0
Change in Working Capital 22,295,000 -60,287,000 1,189,000 -36,157,000
Operating Cash Flow 67,385,000 -39,024,000 6,780,000 -2,149,000
Investing Activities
Capital Expenditure -12,183,000 -10,849,000 -17,563,000 -3,860,000
Investments -12,183,000 -10,773,000 -17,563,000 -3,860,000
Investing Cash Flow -13,200,000 -10,793,000 -16,786,000 -2,595,000
Financing Activities
Debt Repayment -21,780,000 50,002,000 -4,331,000 -2,141,000
Common Stock Issued/Repurchased 0 0 0 0
Dividends Paid 0 0 -4,467,000 -2,891,000
Financing Cash Flow -28,689,000 44,296,000 9,065,000 6,118,000
Summary
Free Cash Flow 55,202,000 -49,873,000 -10,783,000 -6,009,000
Net Change in Cash 25,338,000 -5,493,000 -1,131,000 1,348,000
Cash Flow Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Activities
Net Income 32,862,000 14,349,000 4,275,000 25,485,000 8,392,000
Depreciation & Amortization 9,832,000 8,000,000 6,828,000 4,879,000 3,939,000
Stock Based Compensation 0 0 0 0 0
Change in Working Capital 22,295,000 -60,287,000 1,189,000 -36,157,000 -26,981,000
Operating Cash Flow 67,385,000 -39,024,000 6,780,000 -2,149,000 -11,274,000
Investing Activities
Capital Expenditure -12,183,000 -10,849,000 -17,563,000 -3,860,000 -5,559,000
Investments -12,183,000 -10,773,000 -17,563,000 -3,860,000 -4,959,000
Investing Cash Flow -13,200,000 -10,793,000 -16,786,000 -2,595,000 1,903,000
Financing Activities
Debt Repayment -21,780,000 50,002,000 -4,331,000 -2,141,000 -1,651,000
Common Stock Issued/Repurchased 0 0 0 0 0
Dividends Paid 0 0 -4,467,000 -2,891,000 0
Financing Cash Flow -28,689,000 44,296,000 9,065,000 6,118,000 6,164,000
Summary
Free Cash Flow 55,202,000 -49,873,000 -10,783,000 -6,009,000 -16,833,000
Net Change in Cash 25,338,000 -5,493,000 -1,131,000 1,348,000 -3,207,000