HGTECH revenue and financials

000988 · SZSE · CNY

¥92.25−2.12%−¥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.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets24,80422,97322,91922,55221,07620,35920,82419,72218,71317,58617,51517,476
Current assets17,58314,84515,15015,39714,13413,78715,20814,48613,61414,14713,19012,316
Cash and equivalents3,2522,8984,6013,8803,3933,7594,5383,5853,4124,2004,4364,338
Short-term investments1,618420135—1354.71,037———1,060—
Receivables7,2147,1586,3096,8926,6346,3196,3316,3455,5545,0625,0924,997
Inventory4,5083,6893,5813,4143,1792,8812,6212,7092,8812,0911,9092,268
Net property, plant and equipment3,7763,4473,1272,8542,7012,5142,4782,3192,1202,0332,0771,896
Goodwill———0.50.50.50.50.5————
Other intangible assets635579487453444403408342352366386235
Long-term investments2,2338303,4346893,2596962,2406892,3218011,593699
Current liabilities10,9688,50610,1208,8648,8627,3708,2367,0366,5505,1145,4875,335
Accounts payable6,6036,1786,1905,9405,4015,2755,5745,1795,0344,1204,1984,121
Long-term debt1,1672,1511,1882,3151,3221,9681,9852,4142,2812,7512,5142,871
Total debt4,2823,2743,073—3,8643,233——————
Total liabilities12,75611,20011,78211,55510,4869,67610,5479,6799,0548,1158,2858,492
Total equity (incl. minority)12,04711,77311,13710,99810,59010,68410,27810,0439,6609,4729,2308,984
Retained earnings8,6728,3747,7357,5867,1766,8756,4666,2225,9155,7305,3965,246
Minority interest89.485.679.992.495.097.010012520.919.410324.2