XXF Group Holdings Ltd (2473.HK)

Financial Services | Financial Credit Services
Income Statement (Quarterly) 2026-04-09 2025-06-30 2025-03-31 2024-12-31
Revenue 613,065,000 613,065,000 306,532,500 330,670,000
Cost of Revenue 382,191,000 382,191,000 191,095,500 216,124,500
Gross Profit 230,874,000 230,874,000 115,437,000 114,545,500
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 122,062,000 122,062,000 61,031,000 64,385,499
Operating Expenses 116,056,000 116,056,000 58,028,000 62,298,500
Operating Income 114,818,000 114,818,000 57,409,000 52,247,000
Interest Expense 0 86,822,000 0 0
Income Before Tax 27,920,000 27,920,000 13,960,000 13,152,000
Income Tax Expense 5,350,000 5,350,000 2,675,000 3,027,000
Net Income 22,486,000 22,486,000 11,243,000 10,142,500
Per Share
EPS 0.01 0.01 0.01 0.01
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2024-12-31 2023-12-31 2022-12-31
Revenue 1,165,622,000 1,304,341,000 1,141,526,000
Cost of Revenue 727,271,000 885,329,000 767,079,000
Gross Profit 438,351,000 419,012,000 374,447,000
Operating Expenses
R&D Expenses 0 0 0
SG&A Expenses 232,630,000 231,957,000 58,660,000
Operating Expenses 226,176,000 127,668,000 179,203,000
Operating Income 212,175,000 291,344,000 234,791,000
Interest Expense 160,387,000 163,138,000 143,991,000
Income Before Tax 53,368,000 129,850,000 91,773,000
Income Tax Expense 13,639,000 20,016,000 14,691,000
Net Income 39,970,000 110,254,000 78,913,000
Per Share
EPS 0.03 0.04 0.15
EPS Diluted 0.00 0.00 0.00
Balance Sheet (Quarterly) 2024-12-31 2023-12-31 2022-12-31
Assets
Cash and Cash Equivalents 340,598,000 267,733,000 201,078,000
Short Term Investments 0 19,152,000 0
Net Receivables 58,340,000 699,149,000 0
Inventory 172,137,000 169,976,000 193,634,000
Total Current Assets 1,664,937,000 1,448,822,000 1,241,300,000
Property Plant Equipment 494,332,000 428,067,000 367,704,000
Goodwill and Intangibles 20,617,000 19,699,000 21,779,000
Total Assets 3,309,732,000 2,920,886,000 2,598,757,000
Liabilities
Account Payables 80,584,000 135,520,000 105,860,000
Short Term Debt 1,157,640,000 926,705,000 834,660,000
Total Current Liabilities 1,341,772,000 1,181,791,000 1,199,532,000
Long Term Debt 1,135,113,000 953,846,000 892,611,000
Total Liabilities 2,481,886,000 2,139,436,000 2,092,143,000
Shareholders Equity
Retained Earnings 0 262,156,000 153,951,000
Total Shareholders Equity 822,130,000 775,493,000 500,237,000
Balance Sheet (Annual) 2024-12-31 2023-12-31 2022-12-31
Assets
Cash and Cash Equivalents 340,598,000 267,733,000 201,078,000
Short Term Investments 0 19,152,000 0
Net Receivables 58,340,000 699,149,000 0
Inventory 172,137,000 169,976,000 193,634,000
Total Current Assets 1,664,937,000 1,448,822,000 1,241,300,000
Property Plant Equipment 494,332,000 428,067,000 367,704,000
Goodwill and Intangibles 20,617,000 19,699,000 21,779,000
Total Assets 3,309,732,000 2,920,886,000 2,598,757,000
Liabilities
Account Payables 80,584,000 135,520,000 105,860,000
Short Term Debt 1,157,640,000 926,705,000 834,660,000
Total Current Liabilities 1,341,772,000 1,181,791,000 1,199,532,000
Long Term Debt 1,135,113,000 953,846,000 892,611,000
Total Liabilities 2,481,886,000 2,139,436,000 2,092,143,000
Shareholders Equity
Retained Earnings 0 262,156,000 153,951,000
Total Shareholders Equity 822,130,000 775,493,000 500,237,000
Cash Flow Statement (Quarterly) 2024-12-31 2023-12-31 2022-12-31
Operating Activities
Net Income 53,368,000 129,850,000 91,773,000
Depreciation & Amortization 143,771,000 126,117,000 111,881,000
Stock Based Compensation 0 0 0
Change in Working Capital -398,593,000 -165,211,000 -227,379,000
Operating Cash Flow -188,069,000 1,316,000 -74,000,000
Investing Activities
Capital Expenditure -144,710,000 -204,512,000 -149,184,000
Investments -132,721,000 -194,825,000 -149,184,000
Investing Cash Flow -133,725,000 -163,320,000 -119,133,000
Financing Activities
Debt Repayment 414,943,000 152,319,000 -1,003,175,000
Common Stock Issued/Repurchased 0 91,240,000 0
Dividends Paid -3,365,000 0 0
Financing Cash Flow 394,550,000 228,547,000 314,827,000
Summary
Free Cash Flow -332,779,000 -203,196,000 -223,184,000
Net Change in Cash 72,865,000 66,655,000 121,705,000
Cash Flow Statement (Annual) 2024-12-31 2023-12-31 2022-12-31
Operating Activities
Net Income 53,368,000 129,850,000 91,773,000
Depreciation & Amortization 143,771,000 126,117,000 111,881,000
Stock Based Compensation 0 0 0
Change in Working Capital -398,593,000 -165,211,000 -227,379,000
Operating Cash Flow -188,069,000 1,316,000 -74,000,000
Investing Activities
Capital Expenditure -144,710,000 -204,512,000 -149,184,000
Investments -132,721,000 -194,825,000 -149,184,000
Investing Cash Flow -133,725,000 -163,320,000 -119,133,000
Financing Activities
Debt Repayment 414,943,000 152,319,000 -1,003,175,000
Common Stock Issued/Repurchased 0 91,240,000 0
Dividends Paid -3,365,000 0 0
Financing Cash Flow 394,550,000 228,547,000 314,827,000
Summary
Free Cash Flow -332,779,000 -203,196,000 -223,184,000
Net Change in Cash 72,865,000 66,655,000 121,705,000