Cash flow AInnovation Technology Group Co., Ltd

Equities

2121

CNE1000055Z1

Software

Market Closed - Hong Kong S.E. Other stock markets 16:08:46 08/07/2025 HKT			5-day change	1st Jan Change
5.930 ^HKD	-0.50%		-1.98%	+1.89%

06-24	AInnovation Technology Enters Tie-Up for Embodied Intelligent Robotic Solutions for Industries	MT
06-24	AInnovation Technology Group Co., Ltd. Enters into Strategic Cooperation Agreement with KEENON Robotics Co., Ltd	CI

1891ddb3e39735c3719fec190a718e7.PnW41eMafMMJjgDQgml40eSM7NKYUCaCCaM-6zR5TGE.UjbrspBDM_Rbukbmx10JlJPAgLXuBmT6WcRzmQNKPwcMRtSml2tRpTreaw

Published financial data: AINNOVATION TECHNOLOGY GROUP CO., LTD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	462M	861M	1.56B	1.75B	1.22B
Total Revenues	462M	861M	1.56B	1.75B	1.22B
Cost of Goods Sold, Total	328M	594M	1.05B	1.16B	799M
Gross Profit	135M	267M	507M	588M	423M
Selling General & Admin Expenses, Total	256M	565M	492M	621M	456M
Provision for Bad Debts	18.95M	24.06M	37.55M	85.31M	1.95M
R&D Expenses	182M	328M	416M	450M	355M
Other Operating Expenses	287K	-27.89M	-56.54M	-57.38M	-39.11M
Other Operating Expenses, Total	456M	889M	890M	1.1B	774M
Operating Income	-322M	-622M	-382M	-510M	-351M
Interest Expense, Total	-83.11M	-36.1M	-8.09M	-8.57M	-7.41M
Interest And Investment Income	9.45M	28.9M	39.34M	32.9M	21.1M
Net Interest Expenses	-73.66M	-7.19M	31.25M	24.32M	13.69M
Income (Loss) On Equity Invest.	-	-	-575K	-342K	-
Currency Exchange Gains (Loss)	-	-5.75M	5.05M	-5.27M	111K
Other Non Operating Income (Expenses)	-	-	526K	-	1.05M
EBT, Excl. Unusual Items	-395M	-635M	-346M	-492M	-336M
Impairment of Goodwill	-	-	-	-	-152M
Gain (Loss) On Sale Of Investments	-	-	-8.72M	-89.68M	-66.86M
Gain (Loss) On Sale Of Assets	-3K	-	-334K	1.85M	5.62M
Asset Writedown	-	-	-	-	-75.8M
Other Unusual Items	34.95M	-	-6.4M	-	-
EBT, Incl. Unusual Items	-360M	-635M	-362M	-580M	-625M
Income Tax Expense	172K	208K	-512K	-9.26M	-16.06M
Earnings From Continuing Operations	-361M	-635M	-361M	-570M	-609M
Net Income to Company	-361M	-635M	-361M	-570M	-609M
Minority Interest	-364K	-1.48M	-1.88M	-12.06M	15.12M
Net Income - (IS)	-361M	-637M	-363M	-582M	-594M
Net Income to Common Incl Extra Items	-361M	-637M	-363M	-582M	-594M
Net Income to Common Excl. Extra Items	-361M	-637M	-363M	-582M	-594M
Per Share Items
Net EPS - Basic	-1.49	-1.43	-0.66	-1.05	-1.09
Basic EPS - Continuing Operations	-1.49	-1.43	-0.66	-1.05	-1.09
Basic Weighted Average Shares Outstanding	242M	445M	551M	556M	547M
Net EPS - Diluted	-1.49	-1.43	-0.66	-1.05	-1.09
Diluted EPS - Continuing Operations	-1.49	-1.43	-0.66	-1.05	-1.09
Diluted Weighted Average Shares Outstanding	242M	445M	551M	556M	547M
Normalized Basic EPS	-1.02	-0.9	-0.4	-0.57	-0.36
Normalized Diluted EPS	-1.02	-0.9	-0.4	-0.57	-0.36
Supplemental Items
EBITDA	-306M	-598M	-341M	-455M	-296M
EBITA	-322M	-622M	-373M	-485M	-320M
EBIT	-322M	-622M	-382M	-510M	-351M
Effective Tax Rate - (Ratio)	-0.05	-0.03	0.14	1.6	2.57
Current Domestic Taxes	172K	208K	-	-	-
Total Current Taxes	172K	208K	3.67M	818K	2.97M
Total Deferred Taxes	-	-	-4.18M	-10.08M	-19.03M
Normalized Net Income	-247M	-398M	-218M	-319M	-195M
Interest on Long-Term Debt	83.11M	36.1M	5.63M	5.73M	3.95M
Supplemental Operating Expense Items
Marketing Expenses	7.98M	8.32M	18.32M	37M	22.63M
Selling and Marketing Expenses	60.41M	116M	163M	215M	191M
General and Administrative Expenses	195M	449M	330M	407M	264M
Research And Development Expense From Footnotes	182M	328M	416M	450M	355M
Stock-Based Comp., R&D Exp. (Total)	24.26M	-	-	-	-
Stock-Based Comp., S&M Exp. (Total)	8.38M	45.6M	-	-	-
Stock-Based Comp., G&A Exp. (Total)	101M	290M	112M	-	-
Stock-Based Comp., Other (Total)	-	70.87M	60.79M	290M	154M
Total Stock-Based Compensation	134M	407M	173M	290M	154M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	1.04B	1.55B	1.64B	1.34B	1.2B
Short Term Investments	5.89M	39M	13.68M	15.86M	21.66M
Trading Asset Securities, Total	-	-	156M	104M	2.44M
Total Cash And Short Term Investments	1.05B	1.59B	1.81B	1.46B	1.23B
Accounts Receivable, Total	192M	365M	572M	672M	478M
Other Receivables	19.95M	26.86M	55.78M	155M	198M
Total Receivables	212M	392M	628M	827M	676M
Inventory	55.31M	71.72M	108M	131M	157M
Restricted Cash	1.49M	2.7M	9.92M	20.53M	6.58M
Other Current Assets, Total	5.42M	22.5M	127M	50.99M	67.17M
Total Current Assets	1.32B	2.08B	2.69B	2.49B	2.14B
Gross Property Plant And Equipment	95.63M	215M	236M	220M	187M
Accumulated Depreciation	-24.3M	-48.47M	-78.76M	-97.52M	-109M
Net Property Plant And Equipment	71.33M	166M	157M	122M	78.6M
Long-term Investments	106K	-	342K	9M	9M
Goodwill	-	-	195M	327M	175M
Other Intangibles, Total	603K	5.67M	207M	327M	207M
Deferred Tax Assets Long-Term	-	-	-	-	5.9M
Other Long-Term Assets, Total	1.32M	11.81M	24.77M	10.29M	12.01M
Total Assets	1.4B	2.26B	3.27B	3.29B	2.62B
Liabilities
Accounts Payable, Total	63.2M	228M	281M	354M	290M
Accrued Expenses, Total	62.5M	83.87M	159M	153M	170M
Short-term Borrowings	-	-	77.49M	91.75M	145M
Current Portion of Leases	5.23M	9.28M	19.96M	23.07M	19.92M
Current Income Taxes Payable	-	208K	3.06M	664K	3.27M
Unearned Revenue Current, Total	38.54M	43.65M	105M	122M	109M
Other Current Liabilities	23.23M	-	78.46M	122M	82.46M
Total Current Liabilities	193M	365M	723M	865M	820M
Long-Term Debt	1.66B	-	-	-	-
Long-Term Leases	9.46M	78.29M	70.15M	56.67M	33.41M
Unearned Revenue Non Current	48.46M	26.58M	15.52M	6.64M	3.74M
Deferred Tax Liability Non Current	-	-	27.32M	40.68M	27.55M
Other Non Current Liabilities	-	-	73.17M	95.56M	26.2M
Total Liabilities	1.91B	470M	909M	1.07B	911M
Common Stock, Total	-	515M	559M	565M	565M
Additional Paid In Capital	24.1M	1.67B	2.56B	2.63B	2.63B
Retained Earnings	-676M	-903M	-1.27B	-1.85B	-2.44B
Treasury Stock	-	-	-259M	-264M	-314M
Comprehensive Income and Other	134M	498M	672M	949M	1.1B
Total Common Equity	-518M	1.79B	2.27B	2.03B	1.54B
Minority Interest	3.88M	10.26M	89.55M	191M	168M
Total Equity	-514M	1.8B	2.36B	2.22B	1.71B
Total Liabilities And Equity	1.4B	2.26B	3.27B	3.29B	2.62B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	251M	515M	546M	550M	543M
ECS Total Common Shares Outstanding	251M	515M	546M	550M	543M
Book Value / Share	-2.07	3.47	4.16	3.7	2.84
Tangible Book Value	-519M	1.78B	1.87B	1.38B	1.16B
Tangible Book Value Per Share	-2.07	3.46	3.42	2.51	2.14
Total Debt	1.67B	87.57M	168M	171M	199M
Net Debt	626M	-1.5B	-1.64B	-1.29B	-1.03B
Minority Interest, Total (Incl. Fin. Div)	3.88M	10.26M	89.55M	191M	168M
Equity Method Investments, Total	-	-	342K	-	-
Account Code - Inventory Valuation	6	3	3	3	3
Inventories - Raw Materials, Total	1.07M	11.57M	26.37M	32.86M	40.4M
Inventories - Work In Process, Total	47.66M	57.39M	81.4M	96.3M	117M
Inventories - Finished Goods, Total	6.59M	2.76M	1.56M	2.99M	598K
Buildings, Total	-	-	1.08M	1.08M	1.08M
Machinery, Total	14.81M	21.34M	41.74M	37.55M	40.46M
Full Time Employees	-	457	728	1.05K	962
Accumulated Allowance for Doubtful Accounts (Supple)	25.28M	49.34M	88.43M	169M	158M

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-361M	-637M	-363M	-582M	-594M
Depreciation & Amortization - CF	22.64M	33.48M	53.19M	54.94M	46.98M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	9.91M	25.43M	30.41M
Depreciation & Amortization, Total	22.64M	33.48M	63.1M	80.37M	77.39M
Amortization of Deferred Charges, Total - (CF)	207K	700K	9.43M	12.2M	13.92M
(Gain) Loss From Sale Of Asset	3K	6K	334K	-1.85M	-5.62M
(Gain) Loss on Sale of Investments - (CF)	18.95M	24.06M	45.74M	176M	67.77M
Asset Writedown & Restructuring Costs	-	-	-	-	228M
(Income) Loss On Equity Investments - (CF)	-	-	575K	342K	-
Stock-Based Compensation (CF)	134M	407M	173M	290M	154M
Other Operating Activities, Total	82.64M	36.64M	5.26M	9.35M	-32.83M
Change In Accounts Receivable	-87.61M	-196M	-133M	-168M	184M
Change In Inventories	-22.98M	-16.41M	133M	-10.25M	-26.02M
Change In Accounts Payable	-1.63M	165M	-34.61M	72.89M	-64M
Change in Unearned Revenues	28.76M	5.21M	-152M	-349K	-12.54M
Change in Other Net Operating Assets	12.08M	-58.89M	-51.77M	-59.37M	-25.53M
Cash from Operations	-174M	-237M	-304M	-180M	-35.79M
Capital Expenditure	-18.51M	-52M	-21.6M	-6.27M	-4.01M
Sale of Property, Plant, and Equipment	-	-	-	4K	139K
Cash Acquisitions	-	-	-121M	-133M	-82.32M
Investment in Marketable and Equity Securities, Total	-726K	128K	-151M	-31.47M	48.4M
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	0
Other Investing Activities, Total	-	4.88M	632K	-18.08M	8.09M
Cash from Investing	-19.23M	-46.99M	-293M	-189M	-29.71M
Short Term Debt Issued, Total	-	-	60.01M	100M	201M
Total Debt Issued	-	-	60.01M	100M	201M
Short Term Debt Repaid, Total	-	-	-39.75M	-99.95M	-145M
Long-Term Debt Repaid, Total	-6.83M	-10.83M	-10.1M	-57.68M	-22.23M
Total Debt Repaid	-6.83M	-10.83M	-49.85M	-158M	-167M
Issuance of Common Stock	751M	838M	957M	417M	2.2M
Repurchase of Common Stock	-	-	-275M	-291M	-107M
Other Financing Activities, Total	-114M	-27.49M	-6.82M	7.81M	-3.46M
Cash from Financing	630M	800M	686M	75.83M	-74.02M
Foreign Exchange Rate Adjustments	-	-5.75M	937K	-4.85M	-220K
Net Change in Cash	437M	511M	89.52M	-298M	-140M
Supplemental Items
Cash Interest Paid	-	-	2.46M	2.62M	3.46M
Cash Income Tax Paid (Refund)	1.01M	2M	-1.03M	3.37M	321K
Levered Free Cash Flow	-149M	-69.11M	-133M	20.81M	44.03M
Unlevered Free Cash Flow	-96.76M	-46.55M	-128M	26.17M	48.66M
Change In Net Working Capital	33.75M	46.97M	113M	31.4M	-26.68M
Net Debt Issued / Repaid	-6.83M	-10.83M	10.16M	-57.53M	33.97M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-17.87	-21.24	-8.64	-9.73	-7.41
Return on Total Capital	-21.92	-25.55	-10.84	-12.96	-10.18
Return On Equity %	106.51	-99.14	-17.39	-24.89	-30.94
Return on Common Equity	104.66	-100.48	-17.91	-27.07	-33.2
Margin Analysis
Gross Profit Margin %	29.12	31.03	32.55	33.61	34.63
SG&A Margin	55.28	65.65	31.6	35.47	37.3
EBITDA Margin %	-66.18	-69.41	-21.91	-25.98	-24.23
EBITA Margin %	-69.59	-72.22	-23.92	-27.7	-26.21
EBIT Margin %	-69.59	-72.22	-24.55	-29.15	-28.7
Income From Continuing Operations Margin %	-78	-73.75	-23.19	-32.57	-49.84
Net Income Margin %	-78.08	-73.92	-23.31	-33.26	-48.6
Net Avail. For Common Margin %	-78.08	-73.92	-23.31	-33.26	-48.6
Normalized Net Income Margin	-53.53	-46.25	-14.01	-18.24	-15.94
Levered Free Cash Flow Margin	-32.16	-8.03	-8.55	1.19	3.6
Unlevered Free Cash Flow Margin	-20.93	-5.41	-8.23	1.49	3.98
Asset Turnover
Asset Turnover	0.41	0.47	0.56	0.53	0.41
Fixed Assets Turnover	7	7.25	9.64	12.54	12.17
Receivables Turnover (Average Receivables)	2.96	3.09	3.32	2.82	2.13
Inventory Turnover (Average Inventory)	7.48	9.35	11.71	9.75	5.56
Short Term Liquidity
Current Ratio	6.86	5.71	3.71	2.88	2.6
Quick Ratio	6.54	5.44	3.37	2.65	2.32
Operating Cash Flow to Current Liabilities	-0.9	-0.65	-0.42	-0.21	-0.04
Days Sales Outstanding (Average Receivables)	123.74	118.06	109.8	129.6	172.17
Days Outstanding Inventory (Average Inventory)	48.94	39.03	31.18	37.42	65.83
Average Days Payable Outstanding	66.81	86.99	85.38	97.61	142.76
Cash Conversion Cycle (Average Days)	105.87	70.1	55.6	69.41	95.24
Long Term Solvency
Total Debt/Equity	-325.65	4.88	7.1	7.71	11.6
Total Debt / Total Capital	144.32	4.65	6.63	7.16	10.39
LT Debt/Equity	-324.63	4.36	2.97	2.55	1.95
Long-Term Debt / Total Capital	143.87	4.16	2.78	2.37	1.75
Total Liabilities / Total Assets	136.83	20.73	27.83	32.38	34.73
EBIT / Interest Expense	-3.87	-17.23	-47.28	-59.54	-47.32
EBITDA / Interest Expense	-3.6	-16.3	-39.48	-50.16	-36.87
(EBITDA - Capex) / Interest Expense	-3.82	-17.74	-42.15	-50.89	-37.41
Total Debt / EBITDA	-5.6	-0.15	-0.52	-0.4	-0.73
Net Debt / EBITDA	-2.09	2.56	5.15	3.01	3.77
Total Debt / (EBITDA - Capex)	-5.27	-0.14	-0.49	-0.39	-0.72
Net Debt / (EBITDA - Capex)	-1.97	2.35	4.82	2.96	3.72
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	101.76	86.27	80.88	12.42	-30.23
Gross Profit, 1 Yr. Growth %	87.98	98.51	89.75	16.05	-28.11
EBITDA, 1 Yr. Growth %	26.5	120.57	-42.91	33.3	-33.37
EBITA, 1 Yr. Growth %	28.67	116.87	-40.1	30.18	-32.5
EBIT, 1 Yr. Growth %	28.67	116.87	-38.51	33.45	-29.85
Earnings From Cont. Operations, 1 Yr. Growth %	45.21	76.11	-43.14	57.9	6.78
Net Income, 1 Yr. Growth %	47.81	76.34	-42.97	60.4	1.97
Normalized Net Income, 1 Yr. Growth %	47.52	76.51	-45.2	46.32	-39.02
Diluted EPS Before Extra, 1 Yr. Growth %	36.52	-4.14	-53.93	58.8	3.78
Accounts Receivable, 1 Yr. Growth %	58.92	90.34	56.61	17.42	-28.83
Inventory, 1 Yr. Growth %	71.1	29.67	50.26	21.21	19.95
Net Property, Plant and Equip., 1 Yr. Growth %	17.56	133.12	-5.56	-22.19	-35.68
Total Assets, 1 Yr. Growth %	63.34	62.27	44.31	0.63	-20.25
Tangible Book Value, 1 Yr. Growth %	200.19	-443.17	5	-26.19	-15.75
Common Equity, 1 Yr. Growth %	201.25	-444.66	27.14	-10.4	-24.07
Cash From Operations, 1 Yr. Growth %	-7.82	35.92	28.52	-40.74	-80.15
Capital Expenditures, 1 Yr. Growth %	-42.83	180.97	-58.47	-70.97	-35.98
Levered Free Cash Flow, 1 Yr. Growth %	-27.96	-45.52	92.8	-115.62	60.42
Unlevered Free Cash Flow, 1 Yr. Growth %	-47.46	-37.87	175.38	-120.42	48.34
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	237.49	93.86	83.55	42.6	-11.44
Gross Profit, 2 Yr. CAGR %	129.72	93.18	94.08	48.39	-8.66
EBITDA, 2 Yr. CAGR %	91.83	57.21	12.22	-12.76	-6.86
EBITA, 2 Yr. CAGR %	96.31	57.71	13.97	-11.7	-7.29
EBIT, 2 Yr. CAGR %	96.31	57.71	15.48	-9.41	-4.25
Earnings From Cont. Operations, 2 Yr. CAGR %	115.52	59.92	0.07	-5.24	29.85
Net Income, 2 Yr. CAGR %	116.41	61.45	0.28	-4.36	27.89
Normalized Net Income, 2 Yr. CAGR %	116.87	54.08	-1.65	-10.45	-5.54
Diluted EPS Before Extra, 2 Yr. CAGR %	88.69	14.4	-33.54	-14.47	28.38
Accounts Receivable, 2 Yr. CAGR %	243.72	73.92	72.65	35.6	-8.59
Inventory, 2 Yr. CAGR %	326.33	48.95	39.59	34.96	20.58
Net Property, Plant and Equip., 2 Yr. CAGR %	50.81	65.55	48.37	-14.28	-29.25
Total Assets, 2 Yr. CAGR %	197.03	62.8	53.02	20.51	-10.41
Tangible Book Value, 2 Yr. CAGR %	429.2	220.96	89.82	-11.97	-21.15
Common Equity, 2 Yr. CAGR %	414.94	222.23	109.33	6.73	-17.52
Cash From Operations, 2 Yr. CAGR %	642.95	11.93	32.17	-12.73	-65.71
Capital Expenditures, 2 Yr. CAGR %	-21.67	26.74	8.03	-65.28	-56.89
Levered Free Cash Flow, 2 Yr. CAGR %	-	-42.14	2.48	-45.12	-42.51
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-49.72	30.8	-25.02	-38.38
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	176.84	89.43	55.88	12.37
Gross Profit, 3 Yr. CAGR %	-	118.81	92.03	63.51	16.55
EBITDA, 3 Yr. CAGR %	-	93.01	12.16	18.84	-20.88
EBITA, 3 Yr. CAGR %	-	95.3	14.21	19.14	-19.85
EBIT, 3 Yr. CAGR %	-	95.3	15.22	21.18	-17.39
Earnings From Cont. Operations, 3 Yr. CAGR %	-	101.49	13.29	16.5	-1.39
Net Income, 3 Yr. CAGR %	-	102.13	14.13	17.28	-2.29
Normalized Net Income, 3 Yr. CAGR %	-	96.34	9.17	12.28	-21.22
Diluted EPS Before Extra, 3 Yr. CAGR %	-	50.56	-15.52	-11.15	-8.77
Accounts Receivable, 3 Yr. CAGR %	-	182.26	67.95	51.83	9.38
Inventory, 3 Yr. CAGR %	-	186.72	49.39	33.17	29.75
Net Property, Plant and Equip., 3 Yr. CAGR %	-	74.38	37.3	19.65	-22.1
Total Assets, 3 Yr. CAGR %	-	142.82	56.39	33.07	5.02
Tangible Book Value, 3 Yr. CAGR %	-	358.05	121.15	38.55	-13.25
Common Equity, 3 Yr. CAGR %	-	350.44	136.34	57.76	-4.72
Cash From Operations, 3 Yr. CAGR %	-	321.76	17.21	1.16	-46.73
Capital Expenditures, 3 Yr. CAGR %	-	19.91	-12.62	-30.29	-57.42
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-13.58	-45.26	-13.95
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-11.38	-29.57	1.49
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	112.31	39.76
Gross Profit, 5 Yr. CAGR %	-	-	-	87.33	42.65
EBITDA, 5 Yr. CAGR %	-	-	-	40.48	4.13
EBITA, 5 Yr. CAGR %	-	-	-	42.17	5.07
EBIT, 5 Yr. CAGR %	-	-	-	43.63	6.99
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	49	19.65
Net Income, 5 Yr. CAGR %	-	-	-	49.84	19.45
Normalized Net Income, 5 Yr. CAGR %	-	-	-	43.43	3.03
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	20.08	-0.13
Accounts Receivable, 5 Yr. CAGR %	-	-	-	110.52	31.67
Inventory, 5 Yr. CAGR %	-	-	-	112.1	37.12
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	31.26	5.31
Total Assets, 5 Yr. CAGR %	-	-	-	83.47	25.15
Tangible Book Value, 5 Yr. CAGR %	-	-	-	136.81	46.4
Common Equity, 5 Yr. CAGR %	-	-	-	153.22	55.12
Cash From Operations, 5 Yr. CAGR %	-	-	-	124.59	-28.31
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-26.96	-34.13
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-26.58
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-23.37