HC Group Inc (2280.HK)

Name: HC Group Inc Financial Statements
Creator: Quarter Results

Technology | Information Technology Services

Latest reporting period: 2026-04-08

Latest Quarter

2026-04-08

Revenue

$6.0B

Net Income

-$22.7M

Operating Margin

0.2%

Free Cash Flow

-$61.5M

Debt / Assets

68.8%

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

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Income statement quarterly history for HC Group Inc (2280.HK).
Income Statement (Quarterly)	2026-04-08	2025-06-30	2025-03-31	2024-12-31
Revenue	6,012,968,000	6,012,968,000	3,006,484,000	2,530,641,500
Cost of Revenue	5,786,678,000	5,786,678,000	2,893,339,000	2,423,975,000
Gross Profit	226,290,000	226,290,000	113,145,000	106,666,500
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	210,364,000	210,364,000	105,182,000	98,394,000
Operating Expenses	211,799,000	211,799,000	105,899,500	133,373,500
Operating Income	14,491,000	14,491,000	7,245,500	-26,707,000
Interest Expense	0	3,718,000	0	0
Income Before Tax	-10,286,000	-10,286,000	-5,143,000	-94,620,000
Income Tax Expense	2,991,000	2,991,000	1,495,500	1,762,500
Net Income	-22,728,000	-22,728,000	-11,364,000	-113,016,000
Per Share
EPS	-0.02	-0.02	-0.01	-0.07
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for HC Group Inc (2280.HK).
Income Statement (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Revenue	10,965,992,000	18,447,807,000	16,883,681,000	17,388,661,000	14,531,321,000
Cost of Revenue	10,560,001,000	18,050,204,000	16,359,122,000	16,785,072,000	13,741,173,000
Gross Profit	405,991,000	397,603,000	524,559,000	603,589,000	790,148,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	404,550,000	494,955,000	617,703,000	653,373,000	805,093,000
Operating Expenses	472,960,000	1,489,805,000	611,694,000	640,933,000	790,213,000
Operating Income	-66,969,000	-1,092,202,000	-87,135,000	-541,356,000	-65,000
Interest Expense	11,907,000	9,017,000	54,875,000	-38,056,000	139,331,000
Income Before Tax	-238,243,000	-1,105,246,000	-272,923,000	-598,644,000	-874,572,000
Income Tax Expense	3,871,000	10,769,000	-42,807,000	11,437,000	-127,542,000
Net Income	-289,229,000	-1,829,540,000	-230,116,000	-663,110,000	-745,537,000
Per Share
EPS	-0.16	-0.46	-0.18	-0.54	-0.60
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for HC Group Inc (2280.HK).
Balance Sheet (Quarterly)	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	279,037,000	365,682,000	312,023,000	333,812,000
Short Term Investments	0	0	30,237,000	0
Net Receivables	191,871,000	0	341,448,000	0
Inventory	115,622,000	123,919,000	147,058,000	186,260,000
Total Current Assets	1,544,497,000	2,632,675,000	4,559,924,000	2,848,607,000
Property Plant Equipment	34,080,000	24,292,000	47,690,000	68,839,000
Goodwill and Intangibles	98,129,000	91,522,000	1,157,776,000	1,296,435,000
Total Assets	1,875,780,000	3,077,045,000	6,657,858,000	5,629,771,000
Liabilities
Account Payables	276,178,000	292,924,000	182,350,000	194,368,000
Short Term Debt	444,023,000	410,548,000	1,077,766,000	511,688,000
Total Current Liabilities	1,187,277,000	1,889,979,000	3,346,436,000	1,495,123,000
Long Term Debt	8,737,000	537,000	10,424,000	529,151,000
Total Liabilities	1,290,039,000	1,891,769,000	3,379,229,000	2,081,376,000
Shareholders Equity
Retained Earnings	-3,131,944,000	-2,708,422,000	-857,252,000	-629,622,000
Total Shareholders Equity	260,421,000	560,410,000	2,609,118,000	2,865,984,000

Balance sheet annual history for HC Group Inc (2280.HK).
Balance Sheet (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Assets
Cash and Cash Equivalents	279,037,000	365,682,000	312,023,000	333,812,000	254,301,000
Short Term Investments	0	0	30,237,000	0	0
Net Receivables	191,871,000	0	341,448,000	0	0
Inventory	115,622,000	123,919,000	147,058,000	186,260,000	153,455,000
Total Current Assets	1,544,497,000	2,632,675,000	4,559,924,000	2,848,607,000	2,889,428,000
Property Plant Equipment	34,080,000	24,292,000	47,690,000	68,839,000	85,438,000
Goodwill and Intangibles	98,129,000	91,522,000	1,157,776,000	1,296,435,000	1,827,175,000
Total Assets	1,875,780,000	3,077,045,000	6,657,858,000	5,629,771,000	6,636,737,000
Liabilities
Account Payables	276,178,000	292,924,000	182,350,000	194,368,000	478,940,000
Short Term Debt	444,023,000	410,548,000	1,077,766,000	511,688,000	971,089,000
Total Current Liabilities	1,187,277,000	1,889,979,000	3,346,436,000	1,495,123,000	2,239,550,000
Long Term Debt	8,737,000	537,000	10,424,000	529,151,000	297,827,000
Total Liabilities	1,290,039,000	1,891,769,000	3,379,229,000	2,081,376,000	2,610,958,000
Shareholders Equity
Retained Earnings	-3,131,944,000	-2,708,422,000	-857,252,000	-629,622,000	31,404,000
Total Shareholders Equity	260,421,000	560,410,000	2,609,118,000	2,865,984,000	3,518,822,000

Cash flow quarterly history for HC Group Inc (2280.HK).
Cash Flow Statement (Quarterly)	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	-280,412,000	-1,879,690,000	-272,923,000	-663,110,000
Depreciation & Amortization	18,852,000	55,864,000	138,555,000	92,999,000
Stock Based Compensation	0	17,045,000	4,065,000	22,683,000
Change in Working Capital	-104,971,000	245,379,000	-124,479,000	-176,851,000
Operating Cash Flow	-59,733,000	250,391,000	-127,534,000	-180,753,000
Investing Activities
Capital Expenditure	-1,739,000	-1,138,000	-1,062,000	-6,808,000
Investments	-1,739,000	-1,138,000	-1,062,000	-2,927,000
Investing Cash Flow	-91,092,000	103,659,000	67,049,000	276,184,000
Financing Activities
Debt Repayment	70,210,000	-171,583,000	-608,912,000	-1,455,779,000
Common Stock Issued/Repurchased	0	0	0	0
Dividends Paid	0	0	0	0
Financing Cash Flow	63,636,000	-294,595,000	38,473,000	-15,738,000
Summary
Free Cash Flow	-61,472,000	249,253,000	-128,596,000	-187,561,000
Net Change in Cash	-86,645,000	53,659,000	-21,789,000	79,511,000

Cash flow annual history for HC Group Inc (2280.HK).
Cash Flow Statement (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Operating Activities
Net Income	-280,412,000	-1,879,690,000	-272,923,000	-663,110,000	-745,537,000
Depreciation & Amortization	18,852,000	55,864,000	138,555,000	92,999,000	169,233,000
Stock Based Compensation	0	17,045,000	4,065,000	22,683,000	60,496,000
Change in Working Capital	-104,971,000	245,379,000	-124,479,000	-176,851,000	200,289,000
Operating Cash Flow	-59,733,000	250,391,000	-127,534,000	-180,753,000	207,065,000
Investing Activities
Capital Expenditure	-1,739,000	-1,138,000	-1,062,000	-6,808,000	-8,500,000
Investments	-1,739,000	-1,138,000	-1,062,000	-2,927,000	-8,482,000
Investing Cash Flow	-91,092,000	103,659,000	67,049,000	276,184,000	179,012,000
Financing Activities
Debt Repayment	70,210,000	-171,583,000	-608,912,000	-1,455,779,000	-1,993,354,000
Common Stock Issued/Repurchased	0	0	0	0	201,089,000
Dividends Paid	0	0	0	0	0
Financing Cash Flow	63,636,000	-294,595,000	38,473,000	-15,738,000	-463,262,000
Summary
Free Cash Flow	-61,472,000	249,253,000	-128,596,000	-187,561,000	198,565,000
Net Change in Cash	-86,645,000	53,659,000	-21,789,000	79,511,000	-77,592,000