Shandong Hi Speed Holdings Group Ltd

SEHK:412

Hong Kong / Utiliti / Pengeluar Elektrik Boleh Diperbaharui dan Tenaga Bebas

Tinjauan

Dividen

Kewangan Sejarah 5T

Harga Saham

5.75 HKD


Key Metrics	Latest
Total Revenue	5.581 B
Adjusted EBITDA	3.661 B
EBITDA Margin	65.6%
Net Profit Margin	8.1%
Total Assets	66.174 B
Total Debt	44.97 B

5Y Historical Financial Statements

Summary Financials


Summary Financials

	Fiscal Year Ending					Latest	Year-to-date Ending
(in millions)	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	12 Months	Dec-23	Dec-24

Revenue	1,272.35	1,065.66	4,193.42	5,529.05	5,580.91	5,580.91	5,529.05	5,580.91
% Growth		(0.16)	2.94	0.32	0.01			0.01

Adjusted EBITDA	(802.76)	(20.89)	2,618.12	3,326.46	3,661.07	3,661.07	3,326.46	3,661.07
% Margin	(0.63)	(0.02)	0.62	0.60	0.66	0.66	0.60	0.66

Adjusted EBIT	(806.88)	(27.15)	1,751.97	1,645.90	1,980.51	1,980.51	1,645.90	1,980.51
% Margin	(0.63)	(0.03)	0.42	0.30	0.35	0.35	0.30	0.35

Adjusted Net Income	(682.51)	(181.78)	313.17	(292.54)	453.23	453.23	(292.54)	453.23
% Margin	(0.54)	(0.17)	0.07	(0.05)	0.08	0.08	(0.05)	0.08

Adjusted Basic EPS	(0.11)	(0.03)	0.05	(0.05)	0.01	0.01	(0.05)	0.01

Menyokong Pengiraan

Income Statement

Balance Sheet

Statement of Cashflows


Income Statement
						Press Release
HKD	Fiscal Year Ending					Latest	Year-to-date Ending
(in millions)	Dec-20	Dec-21	Dec-22	Dec-23	Dec-24	Dec-24	Dec-23	Dec-24
	FY - 4	FY - 3	FY - 2	FY - 1	FY	LTM	YTD-1	YTD

Revenue	1,272	1,066	4,193	5,529	5,581	5,581	5,529	5,581
% Growth	NA	-16.2%	293.5%	31.9%	0.9%			0.9%

Cost of Revenue	(1,582)	(687)	(1,999)	(3,169)	(2,945)	(2,945)	(3,169)	(2,945)
Gross Profit	(310)	379	2,194	2,360	2,636	2,636	2,360	2,636
% Revenue	-24.4%	35.5%	52.3%	42.7%	47.2%	47.2%	42.7%	47.2%

Research and Development	0	0	0	0	0	0	0	0
Selling and Marketing	0	0	(2)	(4)	(4)	(4)	(4)	(4)
General and Admin	(497)	(406)	(440)	(710)	(651)	(651)	(710)	(651)
Other Inc / (Exp)	1,019	280	(196)	931	607	607	931	607
Total Operating Exp	522	(126)	(639)	217	(49)	(49)	217	(49)

Operating Income	212	253	1,556	2,577	2,587	2,587	2,577	2,587
% Revenue	16.7%	23.8%	37.1%	46.6%	46.4%	46.4%	46.6%	46.4%

Interest Expense	(216)	(254)	(1,557)	(1,968)	(1,793)	(1,793)	(1,968)	(1,793)
Pre-tax Income	(3)	(1)	(2)	609	795	795	609	795
Earnings of Discontinued Ops.	0	0	0	0	0	0	0	0
Provision for Taxes	(15)	12	172	(61)	(102)	(102)	(61)	(102)
Net Income to Company	(18)	11	170	548	693	693	548	693
% Margin	-1.4%	1.0%	4.1%	9.9%	12.4%	12.4%	9.9%	12.4%

Minority Interest in Earnings	(7)	19	(339)	(223)	(339)	(339)	(223)	(339)
Net Income to Stockholders	(26)	30	(169)	325	354	354	325	354

Preferred Dividends	0	0	0	0	0	0	0	0
Other Adj.	(259)	(345)	(289)	(309)	0	0	(309)	0

Net Income to Common	(285)	(315)	(458)	15	354	354	15	354
% Margin	-22.4%	-29.5%	-10.9%	0.3%	6.3%	6.3%	0.3%	6.3%

As Reported
Basic EPS (Continuing Ops)	(0.05)	(0.05)	(0.08)	0.00	0.01	0.01	0.00	0.01
Diluted EPS (Continuing Ops)	(0.05)	(0.05)	(0.08)	0.00	0.01	0.01	0.00	0.01

WA Basic Shares Out.	6,075.67	6,022.35	6,021.56	6,019.43	39,280.44	39,280.44	6,019.43	39,280.44
WA Diluted Shares Out.	6,075.67	6,022.35	6,021.56	6,019.43	39,280.44	39,280.44	6,019.43	39,280.44

EBITDA, EBIT Reconciliation
EBT, Incl. Unusual Items	(3)	(1)	(2)	609	795	795	609	795
Addback: Net Interest Expense	216	254	1,557	1,968	1,793	1,793	1,968	1,793
Addback: Other Non Operating Expenses, Total	(122)	(20)	3	204	(283)	(283)	204	(283)
Addback: Depreciation & Amortization	4	6	866	1,681	1,681	1,681	1,681	1,681
Addback: Restructuring Charges	0	0	0	0	0	0	0	0
Addback: Merger / Acquisition Expenses	0	0	4	0	0	0	0	0
Addback: Goodwill Impairment	74	0	13	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Invest.	(804)	12	1,204	781	(248)	(248)	781	(248)
Addback: Gain (Loss) On Sale Of Assets	0	(171)	(4)	13	0	0	13	0
Addback: Asset Writedown	23	30	487	27	(76)	(76)	27	(76)
Addback: In Process R&D Expenses	0	0	0	0	0	0	0	0
Addback: Insurance Settlements	0	0	0	0	0	0	0	0
Addback: Legal Settlements	0	0	0	0	0	0	0	0
Addback: Other Unusual Items	(190)	(131)	(1,511)	(1,957)	0	0	(1,957)	0
Adjusted EBITDA	(803)	(21)	2,618	3,326	3,661	3,661	3,326	3,661
% Margin	-63.1%	-2.0%	62.4%	60.2%	65.6%	65.6%	60.2%	65.6%

Adjusted EBIT	(807)	(27)	1,752	1,646	1,981	1,981	1,646	1,981
% Margin	-63.4%	-2.5%	41.8%	29.8%	35.5%	35.5%	29.8%	35.5%

Adjusted Net Income Reconciliation
Net Income to Company	(18)	11	170	548	693	693	548	693
Addback: Unusual Items	(898)	(261)	193	(1,135)	(324)	(324)	(1,135)	(324)
Less: Tax Benefit of Unusual Items (26%)	233	68	(50)	295	84	84	295	84
Adjusted Net Income	(683)	(182)	313	(293)	453	453	(293)	453
% Margin	-53.6%	-17.1%	7.5%	-5.3%	8.1%	8.1%	-5.3%	8.1%

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Ralat Memuat Turun

Shandong Hi Speed Holdings Group Ltd

SEHK:412

Hong Kong / Utiliti / Pengeluar Elektrik Boleh Diperbaharui dan Tenaga Bebas

Kewangan Sejarah 5T