Maiyue Technology Ltd (2501.HK)

Name: Maiyue Technology Ltd Financial Statements
Creator: Quarter Results

Technology | Information Technology Services

Latest reporting period: 2026-04-07

Latest Quarter

2026-04-07

Revenue

$24.1M

Net Income

-$10.5M

Operating Margin

-4.7%

Free Cash Flow

-$21.9M

Debt / Assets

53.8%

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

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Income statement quarterly history for Maiyue Technology Ltd (2501.HK).
Income Statement (Quarterly)	2026-04-07	2025-06-30	2025-03-31	2024-12-31
Revenue	24,083,000	24,083,000	12,041,500	252,682,000
Cost of Revenue	17,399,000	17,399,000	8,699,500	191,939,000
Gross Profit	6,684,000	6,684,000	3,342,000	60,743,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	13,586,000	13,586,000	6,793,000	36,974,000
Operating Expenses	7,811,000	7,811,000	3,905,500	37,121,000
Operating Income	-1,127,000	-1,127,000	-563,500	23,622,000
Interest Expense	0	7,189,000	0	6,157,000
Income Before Tax	-9,705,000	-9,705,000	-4,852,500	16,236,998
Income Tax Expense	971,000	971,000	485,500	1,095,000
Net Income	-10,545,000	-10,545,000	-5,272,500	15,325,000
Per Share
EPS	-0.02	-0.02	-0.01	0.03
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Maiyue Technology Ltd (2501.HK).
Income Statement (Annual)	2024-12-31	2023-12-31	2022-12-31
Revenue	274,722,000	259,085,000	243,255,000
Cost of Revenue	206,149,000	173,645,000	138,624,000
Gross Profit	68,573,000	85,440,000	104,631,000
Operating Expenses
R&D Expenses	0	0	0
SG&A Expenses	32,028,000	48,821,000	17,078,000
Operating Expenses	56,917,000	47,858,000	34,391,000
Operating Income	11,656,000	37,582,000	65,192,000
Interest Expense	12,082,000	10,484,000	8,907,000
Income Before Tax	-1,757,000	27,386,000	56,197,000
Income Tax Expense	-1,867,000	4,739,000	7,141,000
Net Income	433,000	22,881,000	48,774,000
Per Share
EPS	0.00	0.06	0.10
EPS Diluted	0.00	0.00	0.00

Balance sheet quarterly history for Maiyue Technology Ltd (2501.HK).
Balance Sheet (Quarterly)	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	40,497,000	47,808,000	62,601,000
Short Term Investments	0	120,296,000	0
Net Receivables	539,343,000	345,943,000	0
Inventory	4,002,000	2,958,000	4,460,000
Total Current Assets	584,723,000	523,157,000	449,995,000
Property Plant Equipment	9,933,000	11,169,000	15,942,000
Goodwill and Intangibles	15,808,000	13,762,000	10,754,000
Total Assets	691,033,000	600,132,000	482,211,000
Liabilities
Account Payables	75,387,000	43,551,000	46,448,000
Short Term Debt	222,805,000	136,815,000	86,478,000
Total Current Liabilities	370,251,000	230,798,000	228,708,000
Long Term Debt	535,000	47,811,000	72,000,000
Total Liabilities	371,672,000	281,419,000	302,768,000
Shareholders Equity
Retained Earnings	237,654,000	237,221,000	0
Total Shareholders Equity	318,195,000	316,978,000	177,474,000

Balance sheet annual history for Maiyue Technology Ltd (2501.HK).
Balance Sheet (Annual)	2024-12-31	2023-12-31	2022-12-31
Assets
Cash and Cash Equivalents	40,497,000	47,808,000	62,601,000
Short Term Investments	0	120,296,000	0
Net Receivables	539,343,000	345,943,000	0
Inventory	4,002,000	2,958,000	4,460,000
Total Current Assets	584,723,000	523,157,000	449,995,000
Property Plant Equipment	9,933,000	11,169,000	15,942,000
Goodwill and Intangibles	15,808,000	13,762,000	10,754,000
Total Assets	691,033,000	600,132,000	482,211,000
Liabilities
Account Payables	75,387,000	43,551,000	46,448,000
Short Term Debt	222,805,000	136,815,000	86,478,000
Total Current Liabilities	370,251,000	230,798,000	228,708,000
Long Term Debt	535,000	47,811,000	72,000,000
Total Liabilities	371,672,000	281,419,000	302,768,000
Shareholders Equity
Retained Earnings	237,654,000	237,221,000	0
Total Shareholders Equity	318,195,000	316,978,000	177,474,000

Cash flow quarterly history for Maiyue Technology Ltd (2501.HK).
Cash Flow Statement (Quarterly)	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	433,000	22,881,000	56,197,000
Depreciation & Amortization	10,308,000	8,206,000	8,138,000
Stock Based Compensation	0	0	0
Change in Working Capital	-92,826,000	-180,352,000	-58,220,000
Operating Cash Flow	3,043,000	-142,200,000	10,114,000
Investing Activities
Capital Expenditure	-24,943,000	-12,490,000	-15,595,000
Investments	-24,943,000	-3,301,000	-15,595,000
Investing Cash Flow	-38,914,000	-9,756,000	-17,921,000
Financing Activities
Debt Repayment	38,294,000	25,357,000	-75,011,000
Common Stock Issued/Repurchased	0	135,402,000	0
Dividends Paid	0	0	0
Financing Cash Flow	28,569,000	138,899,000	21,252,000
Summary
Free Cash Flow	-21,900,000	-154,690,000	-5,481,000
Net Change in Cash	-7,311,000	-14,793,000	13,445,000

Cash flow annual history for Maiyue Technology Ltd (2501.HK).
Cash Flow Statement (Annual)	2024-12-31	2023-12-31	2022-12-31
Operating Activities
Net Income	433,000	22,881,000	56,197,000
Depreciation & Amortization	10,308,000	8,206,000	8,138,000
Stock Based Compensation	0	0	0
Change in Working Capital	-92,826,000	-180,352,000	-58,220,000
Operating Cash Flow	3,043,000	-142,200,000	10,114,000
Investing Activities
Capital Expenditure	-24,943,000	-12,490,000	-15,595,000
Investments	-24,943,000	-3,301,000	-15,595,000
Investing Cash Flow	-38,914,000	-9,756,000	-17,921,000
Financing Activities
Debt Repayment	38,294,000	25,357,000	-75,011,000
Common Stock Issued/Repurchased	0	135,402,000	0
Dividends Paid	0	0	0
Financing Cash Flow	28,569,000	138,899,000	21,252,000
Summary
Free Cash Flow	-21,900,000	-154,690,000	-5,481,000
Net Change in Cash	-7,311,000	-14,793,000	13,445,000