Huitongda Network Co Ltd (9878.HK)

Technology | Software Application
Income Statement (Quarterly) 2026-04-08 2025-06-30 2025-03-31 2024-12-31
Revenue 24,341,934,000 24,341,934,000 12,170,967,000 13,601,781,000
Cost of Revenue 23,212,061,000 23,212,061,000 11,606,030,500 13,018,449,000
Gross Profit 1,129,873,000 1,129,873,000 564,936,500 583,332,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 808,112,000 808,112,000 404,056,000 438,694,500
Operating Expenses 773,751,000 773,751,000 386,875,500 438,024,500
Operating Income 356,122,000 356,122,000 178,061,000 145,307,500
Interest Expense 0 65,474,000 0 0
Income Before Tax 285,327,000 285,327,000 142,663,500 122,605,000
Income Tax Expense 46,727,000 46,727,000 23,363,500 6,355,000
Net Income 138,606,000 138,606,000 69,303,000 72,325,500
Per Share
EPS 0.26 0.26 0.13 0.13
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 60,059,328,000 82,432,520,000 80,354,775,000 65,763,174,000 49,629,135,000
Cost of Revenue 57,750,433,000 79,692,796,000 77,857,929,000 63,895,208,000 48,284,624,000
Gross Profit 2,308,895,000 2,739,724,000 2,496,846,000 1,867,966,000 1,344,511,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 1,439,742,000 1,754,619,000 1,721,299,000 1,343,202,000 696,576,000
Operating Expenses 1,710,970,000 1,945,711,000 1,789,444,000 1,365,906,000 975,534,000
Operating Income 597,925,000 794,013,000 663,120,000 638,689,000 406,759,000
Interest Expense 242,160,000 259,457,000 285,501,000 879,292,000 704,878,000
Income Before Tax 519,232,000 797,022,000 603,130,000 -76,115,000 -198,521,000
Income Tax Expense 57,463,000 99,723,000 93,152,000 100,934,000 81,471,000
Net Income 269,738,000 448,275,000 287,245,000 -349,881,000 -405,287,000
Per Share
EPS 0.49 0.80 0.57 -0.62 -0.72
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 2,781,257,000 3,748,938,000 4,082,240,000 2,966,920,000
Short Term Investments 770,000,000 3,283,010,000 4,175,201,000 2,705,757,000
Net Receivables 3,762,296,000 0 3,127,285,000 0
Inventory 2,032,725,000 2,581,063,000 2,553,074,000 2,718,623,000
Total Current Assets 25,792,988,000 27,449,473,000 27,393,062,000 23,352,818,000
Property Plant Equipment 158,940,000 160,018,000 183,952,000 153,806,000
Goodwill and Intangibles 0 0 0 0
Total Assets 28,491,140,000 29,110,070,000 29,388,741,000 25,598,011,000
Liabilities
Account Payables 14,636,785,000 15,516,038,000 15,071,382,000 14,418,802,000
Short Term Debt 1,163,737,000 420,532,000 758,716,000 186,907,000
Total Current Liabilities 18,631,008,000 19,316,777,000 19,703,648,000 27,231,058,000
Long Term Debt 232,632,000 281,264,000 57,923,000 67,399,000
Total Liabilities 18,880,640,000 19,615,041,000 19,778,571,000 27,315,457,000
Shareholders Equity
Retained Earnings 0 -661,078,000 -1,201,085,000 0
Total Shareholders Equity 7,787,230,000 7,772,459,000 8,101,286,000 -3,075,458,000
Balance Sheet (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets
Cash and Cash Equivalents 2,781,257,000 3,748,938,000 4,082,240,000 2,966,920,000 4,315,977,000
Short Term Investments 770,000,000 3,283,010,000 4,175,201,000 2,705,757,000 1,233,930,000
Net Receivables 3,762,296,000 0 3,127,285,000 0 0
Inventory 2,032,725,000 2,581,063,000 2,553,074,000 2,718,623,000 2,250,583,000
Total Current Assets 25,792,988,000 27,449,473,000 27,393,062,000 23,352,818,000 20,275,370,000
Property Plant Equipment 158,940,000 160,018,000 183,952,000 153,806,000 173,012,000
Goodwill and Intangibles 0 0 0 0 0
Total Assets 28,491,140,000 29,110,070,000 29,388,741,000 25,598,011,000 21,695,331,000
Liabilities
Account Payables 14,636,785,000 15,516,038,000 15,071,382,000 14,418,802,000 11,419,335,000
Short Term Debt 1,163,737,000 420,532,000 758,716,000 186,907,000 309,797,000
Total Current Liabilities 18,631,008,000 19,316,777,000 19,703,648,000 27,231,058,000 23,643,195,000
Long Term Debt 232,632,000 281,264,000 57,923,000 67,399,000 79,627,000
Total Liabilities 18,880,640,000 19,615,041,000 19,778,571,000 27,315,457,000 23,739,822,000
Shareholders Equity
Retained Earnings 0 -661,078,000 -1,201,085,000 0 0
Total Shareholders Equity 7,787,230,000 7,772,459,000 8,101,286,000 -3,075,458,000 -3,300,029,000
Cash Flow Statement (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Activities
Net Income 519,232,000 797,022,000 603,130,000 -349,881,000
Depreciation & Amortization 67,034,000 73,785,000 69,210,000 80,359,000
Stock Based Compensation 0 27,791,000 3,755,000 0
Change in Working Capital 0 -453,533,000 -424,871,000 241,408,000
Operating Cash Flow 275,278,000 470,810,000 273,363,000 815,009,000
Investing Activities
Capital Expenditure 0 -32,958,000 -54,945,000 -22,492,000
Investments 0 -32,958,000 -54,945,000 -22,492,000
Investing Cash Flow -880,083,000 942,854,000 -1,039,569,000 -1,535,509,000
Financing Activities
Debt Repayment 0 -91,886,000 -2,984,229,000 -2,135,580,000
Common Stock Issued/Repurchased 0 -92,903,000 1,831,294,000 0
Dividends Paid 0 0 0 0
Financing Cash Flow -363,004,000 -1,746,977,000 1,821,077,000 -628,557,000
Summary
Free Cash Flow 247,403,000 437,852,000 218,418,000 792,517,000
Net Change in Cash -967,681,000 -333,302,000 1,071,488,000 -1,349,057,000
Cash Flow Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Activities
Net Income 519,232,000 797,022,000 603,130,000 -349,881,000 -405,287,000
Depreciation & Amortization 67,034,000 73,785,000 69,210,000 80,359,000 79,951,000
Stock Based Compensation 0 27,791,000 3,755,000 0 0
Change in Working Capital 0 -453,533,000 -424,871,000 241,408,000 40,946,000
Operating Cash Flow 275,278,000 470,810,000 273,363,000 815,009,000 472,263,000
Investing Activities
Capital Expenditure 0 -32,958,000 -54,945,000 -22,492,000 -27,572,000
Investments 0 -32,958,000 -54,945,000 -22,492,000 -27,572,000
Investing Cash Flow -880,083,000 942,854,000 -1,039,569,000 -1,535,509,000 2,138,383,000
Financing Activities
Debt Repayment 0 -91,886,000 -2,984,229,000 -2,135,580,000 -1,200,343,000
Common Stock Issued/Repurchased 0 -92,903,000 1,831,294,000 0 0
Dividends Paid 0 0 0 0 0
Financing Cash Flow -363,004,000 -1,746,977,000 1,821,077,000 -628,557,000 537,622,000
Summary
Free Cash Flow 247,403,000 437,852,000 218,418,000 792,517,000 444,691,000
Net Change in Cash -967,681,000 -333,302,000 1,071,488,000 -1,349,057,000 3,148,268,000