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 |
|---|---|---|---|---|---|
| Operating cash flow | 1,221 | 732 | 1,488 | 579 | 86.4 |
| Depreciation and amortization | 334 | 266 | 241 | 231 | 222 |
| Capital expenditure | -1,014 | -710 | -399 | -296 | -359 |
| Investing cash flow | -1,088 | -1,115 | -81.1 | -1,181 | -1,053 |
| Financing cash flow | -176 | 554 | -433 | 688 | 1,029 |
| Dividends paid | -272 | -227 | -192 | -150 | -92.7 |
| Share repurchases | -395 | — | — | — | — |
| Debt issued | 2,398 | 1,117 | 1,806 | 3,538 | 2,089 |
| Debt repaid | -1,884 | -315 | -2,023 | — | — |
| Effect of exchange rates | -3.5 | -1.7 | 4.6 | 14.7 | -3.3 |
| Net change in cash | -46.5 | 168 | 979 | 101 | 59.7 |
| Free cash flow | 207 | 22.1 | 1,090 | 284 | -272 |
| Levered free cash flow | -185 | -423 | 669 | -86.0 | -428 |