Huaibei GreenGold Industry Investment Co Ltd (2450.HK)

Name: Huaibei GreenGold Industry Investment Co Ltd Financial Statements
Creator: Quarter Results

Basic Materials | Construction Materials

Latest reporting period: 2026-04-07

Latest Quarter

2026-04-07

Revenue

$127M

Net Income

-$2.8M

Operating Margin

25.6%

Free Cash Flow

$167M

Debt / Assets

71.6%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Huaibei GreenGold Industry Investment Co Ltd (2450.HK).
Income Statement (Quarterly)	2026-04-07	2025-06-30	2025-03-31	2024-12-31
Revenue	127,301,000	127,301,000	63,650,500	125,416,000
Cost of Revenue	75,787,000	75,787,000	37,893,500	82,063,000
Gross Profit	51,514,000	51,514,000	25,757,000	43,353,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	22,626,000	22,626,000	11,313,000	2,832,000
Operating Expenses	18,941,000	18,941,000	9,470,500	13,287,000
Operating Income	32,573,000	32,573,000	16,286,500	30,066,000
Interest Expense	0	33,481,000	0	54,273,000
Income Before Tax	-908,000	-908,000	-454,000	-20,646,000
Income Tax Expense	2,515,000	2,515,000	1,257,500	2,077,000
Net Income	-2,788,000	-2,788,000	-1,394,000	-14,294,000
Per Share
EPS	-0.01	-0.01	-0.01	-0.05
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Huaibei GreenGold Industry Investment Co Ltd (2450.HK).
Income Statement (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Revenue	236,168,000	290,622,000	407,709,000	370,327,000	506,382,000
Cost of Revenue	152,412,000	166,310,000	212,893,000	191,978,000	217,858,000
Gross Profit	83,756,000	124,312,000	194,816,000	178,349,000	288,524,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	22,460,000	30,647,000	19,414,000	4,227,000	1,291,000
Operating Expenses	28,264,000	-6,576,000	15,799,000	17,929,000	10,625,000
Operating Income	55,492,000	130,888,000	211,064,000	187,118,000	248,756,000
Interest Expense	85,876,000	62,900,000	71,007,000	54,347,000	5,114,000
Income Before Tax	-30,384,000	67,988,000	140,057,000	132,771,000	243,642,000
Income Tax Expense	3,486,000	10,064,000	34,999,000	33,877,000	61,129,000
Net Income	-21,972,000	37,490,000	105,058,000	64,706,000	124,188,000
Per Share
EPS	-0.08	0.14	0.40	0.25	0.47
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Huaibei GreenGold Industry Investment Co Ltd (2450.HK).
Balance Sheet (Quarterly)	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	321,426,000	73,671,000	213,680,000	581,670,000
Short Term Investments	1,386,000	1,911,000	37,716,000	0
Net Receivables	25,777,000	33,875,000	52,378,000	0
Inventory	1,749,000	3,275,000	4,934,000	4,733,000
Total Current Assets	583,799,000	400,005,000	332,909,000	627,634,000
Property Plant Equipment	1,739,333,000	1,879,603,000	1,933,906,000	1,689,208,000
Goodwill and Intangibles	144,844,000	0	0	0
Total Assets	2,475,042,000	2,383,014,000	2,292,652,000	2,340,339,000
Liabilities
Account Payables	41,685,000	37,328,000	39,973,000	26,117,000
Short Term Debt	128,420,000	753,869,000	36,600,000	34,500,000
Total Current Liabilities	366,640,000	1,172,094,000	485,309,000	490,896,000
Long Term Debt	1,231,580,000	253,500,000	863,769,000	900,369,000
Total Liabilities	1,771,251,000	1,716,667,000	1,749,905,000	1,882,850,000
Shareholders Equity
Retained Earnings	109,726,000	116,890,000	89,979,000	0
Total Shareholders Equity	469,697,000	476,950,000	371,534,000	304,124,000

Balance sheet annual history for Huaibei GreenGold Industry Investment Co Ltd (2450.HK).
Balance Sheet (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Assets
Cash and Cash Equivalents	321,426,000	73,671,000	213,680,000	581,670,000	61,504,000
Short Term Investments	1,386,000	1,911,000	37,716,000	0	0
Net Receivables	25,777,000	33,875,000	52,378,000	0	0
Inventory	1,749,000	3,275,000	4,934,000	4,733,000	4,977,000
Total Current Assets	583,799,000	400,005,000	332,909,000	627,634,000	247,643,000
Property Plant Equipment	1,739,333,000	1,879,603,000	1,933,906,000	1,689,208,000	429,524,000
Goodwill and Intangibles	144,844,000	0	0	0	0
Total Assets	2,475,042,000	2,383,014,000	2,292,652,000	2,340,339,000	702,015,000
Liabilities
Account Payables	41,685,000	37,328,000	39,973,000	26,117,000	13,688,000
Short Term Debt	128,420,000	753,869,000	36,600,000	34,500,000	68,000,000
Total Current Liabilities	366,640,000	1,172,094,000	485,309,000	490,896,000	178,355,000
Long Term Debt	1,231,580,000	253,500,000	863,769,000	900,369,000	0
Total Liabilities	1,771,251,000	1,716,667,000	1,749,905,000	1,882,850,000	194,943,000
Shareholders Equity
Retained Earnings	109,726,000	116,890,000	89,979,000	0	0
Total Shareholders Equity	469,697,000	476,950,000	371,534,000	304,124,000	334,506,000

Cash flow quarterly history for Huaibei GreenGold Industry Investment Co Ltd (2450.HK).
Cash Flow Statement (Quarterly)	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	-30,384,000	67,988,000	140,057,000	132,771,000
Depreciation & Amortization	68,549,000	60,630,000	61,381,000	51,690,000
Stock Based Compensation	0	0	0	0
Change in Working Capital	20,122,000	30,275,000	-49,043,000	122,935,000
Operating Cash Flow	172,293,000	207,269,000	155,234,000	244,843,000
Investing Activities
Capital Expenditure	-5,529,000	-108,488,000	-296,986,000	-725,385,000
Investments	-5,529,000	-108,488,000	-296,986,000	-725,385,000
Investing Cash Flow	-203,831,000	64,512,000	-469,986,000	-620,385,000
Financing Activities
Debt Repayment	352,631,000	107,000,000	-34,500,000	-670,869,000
Common Stock Issued/Repurchased	0	0	0	0
Dividends Paid	-7,392,000	-2,250,000	0	-153,515,000
Financing Cash Flow	278,205,000	-243,078,000	-226,238,000	895,708,000
Summary
Free Cash Flow	166,764,000	98,781,000	-141,752,000	-480,542,000
Net Change in Cash	246,667,000	32,991,000	-540,990,000	520,166,000

Cash flow annual history for Huaibei GreenGold Industry Investment Co Ltd (2450.HK).
Cash Flow Statement (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Operating Activities
Net Income	-30,384,000	67,988,000	140,057,000	132,771,000	243,642,000
Depreciation & Amortization	68,549,000	60,630,000	61,381,000	51,690,000	57,643,000
Stock Based Compensation	0	0	0	0	0
Change in Working Capital	20,122,000	30,275,000	-49,043,000	122,935,000	11,598,000
Operating Cash Flow	172,293,000	207,269,000	155,234,000	244,843,000	291,717,000
Investing Activities
Capital Expenditure	-5,529,000	-108,488,000	-296,986,000	-725,385,000	-28,459,000
Investments	-5,529,000	-108,488,000	-296,986,000	-725,385,000	-28,459,000
Investing Cash Flow	-203,831,000	64,512,000	-469,986,000	-620,385,000	-133,430,000
Financing Activities
Debt Repayment	352,631,000	107,000,000	-34,500,000	-670,869,000	-88,760,000
Common Stock Issued/Repurchased	0	0	0	0	0
Dividends Paid	-7,392,000	-2,250,000	0	-153,515,000	-280,445,000
Financing Cash Flow	278,205,000	-243,078,000	-226,238,000	895,708,000	-277,556,000
Summary
Free Cash Flow	166,764,000	98,781,000	-141,752,000	-480,542,000	263,258,000
Net Change in Cash	246,667,000	32,991,000	-540,990,000	520,166,000	-119,269,000