Victory Giant Technology (HuiZhou) revenue and financials
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In the fiscal year ended December 2025, Victory Giant Technology (HuiZhou) reported revenue of ¥19.29B (+79.77% year over year). Net income was ¥4.31B, a net margin of 22.4%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +79.77%
- 2025 vs 2024
- Net income growth
- +273.52%
- 2025 vs 2024
- Net margin
- 22.4%
- 2024: 10.8%
Financial data
Amounts in millions of CNY; per-share values in CNY; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 4,603 | 1,358 | 1,280 | 1,240 | 793 |
| Depreciation and amortization | 922 | 755 | 638 | 597 | 438 |
| Capital expenditure | -6,617 | -834 | -645 | -1,061 | -1,537 |
| Investing cash flow | -6,735 | -1,041 | -2,000 | -1,466 | -2,710 |
| Financing cash flow | 4,377 | -210 | 734 | 370 | 2,021 |
| Dividends paid | -380 | -260 | -230 | -236 | -224 |
| Share repurchases | -41.7 | — | — | -156 | — |
| Debt issued | 5,040 | 2,629 | 4,376 | 3,440 | 3,377 |
| Debt repaid | -2,824 | -3,207 | -2,398 | -2,338 | -3,089 |
| Effect of exchange rates | 34.8 | 69.8 | 9.5 | 31.1 | -4.2 |
| Net change in cash | 2,280 | 177 | 23.4 | 175 | 99.0 |
| Free cash flow | -2,014 | 524 | 635 | 180 | -745 |
| Levered free cash flow | -177 | 791 | 173 | -317 | -1,000 |