HGTECH revenue and financials

000988 · SZSE · CNY

¥92.25Change from previous close: −2.12%Absolute change: −¥2.00

Close · September 30, 2026

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%.

Annual revenue · 2025: ¥14.35B
  1. ¥10.17B2021
  2. ¥12.01B2022
  3. ¥10.31B2023
  4. ¥11.71B2024
  5. ¥14.35B2025

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.

Balance sheet · Annual
Item20252024202320222021
Total assets22,91920,82417,51516,80313,884
Current assets15,15015,20813,19011,4909,972
Cash and equivalents4,6014,5384,4363,4003,356
Short-term investments1351,0371,060——
Receivables6,3096,3315,0925,1454,101
Inventory3,5812,6211,9092,3782,046
Net property, plant and equipment3,1272,4782,0771,8551,739
Goodwill—0.5———
Other intangible assets487408386268264
Long-term investments3,4342,2401,5932,8871,608
Current liabilities10,1208,2365,4876,7154,939
Accounts payable6,1905,5744,1984,1143,105
Long-term debt1,1881,9852,5141,4971,281
Total debt3,0733,5152,739——
Total liabilities11,78210,5478,2858,5406,455
Total equity (incl. minority)11,13710,2789,2308,2637,429
Retained earnings7,7356,4665,3964,5343,708
Minority interest79.910010325.739.9