HGTECH revenue and financials
¥92.25Change from previous close: −2.12%Absolute change: −¥2.00
In the fiscal year ended December 2025, HGTECH reported revenue of ¥14.35B (+22.59% year over year). Net income was ¥1.47B, a net margin of 10.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +22.59%
- 2025 vs 2024
- Net income growth
- +20.48%
- 2025 vs 2024
- Net margin
- 10.2%
- 2024: 10.4%
Financial data
Amounts in millions of CNY; per-share values in CNY; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 22,919 | 20,824 | 17,515 | 16,803 | 13,884 |
| Current assets | 15,150 | 15,208 | 13,190 | 11,490 | 9,972 |
| Cash and equivalents | 4,601 | 4,538 | 4,436 | 3,400 | 3,356 |
| Short-term investments | 135 | 1,037 | 1,060 | — | — |
| Receivables | 6,309 | 6,331 | 5,092 | 5,145 | 4,101 |
| Inventory | 3,581 | 2,621 | 1,909 | 2,378 | 2,046 |
| Net property, plant and equipment | 3,127 | 2,478 | 2,077 | 1,855 | 1,739 |
| Goodwill | — | 0.5 | — | — | — |
| Other intangible assets | 487 | 408 | 386 | 268 | 264 |
| Long-term investments | 3,434 | 2,240 | 1,593 | 2,887 | 1,608 |
| Current liabilities | 10,120 | 8,236 | 5,487 | 6,715 | 4,939 |
| Accounts payable | 6,190 | 5,574 | 4,198 | 4,114 | 3,105 |
| Long-term debt | 1,188 | 1,985 | 2,514 | 1,497 | 1,281 |
| Total debt | 3,073 | 3,515 | 2,739 | — | — |
| Total liabilities | 11,782 | 10,547 | 8,285 | 8,540 | 6,455 |
| Total equity (incl. minority) | 11,137 | 10,278 | 9,230 | 8,263 | 7,429 |
| Retained earnings | 7,735 | 6,466 | 5,396 | 4,534 | 3,708 |
| Minority interest | 79.9 | 100 | 103 | 25.7 | 39.9 |
