Complete financial analysis of Hoymiles Power Electronics Inc. (688032.SS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Hoymiles Power Electronics Inc., a leading company in the Electrical Equipment & Parts industry within the Industrials sector.
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Hoymiles Power Electronics Inc. (688032.SS)
About Hoymiles Power Electronics Inc.
Hoymiles Power Electronics Inc., a microinverter company, offers MLPE (module level power electronics) solutions for global solar investors and end users. The company offers microinverter, AC module, DTU, storage, and MLPE PV kit products. It offers service network, warranty, training, and system design services. Hoymiles Power Electronics Inc. was founded in 2008 and is based in Hangzhou, China with additional locations in South Korea, South Africa, Poland, Germany, France, Ireland, Brazil, the United States, and Canada.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Revenue | 2.03B | 1.54B | 795.19M | 495.02M | 460.05M | 306.88M | 249.30M |
| Cost of Revenue | 1.13B | 845.41M | 455.25M | 286.58M | 266.77M | 205.52M | 188.67M |
| Gross Profit | 892.02M | 691.10M | 339.94M | 208.43M | 193.27M | 101.35M | 60.63M |
| Gross Profit Ratio | 44.03% | 44.98% | 42.75% | 42.11% | 42.01% | 33.03% | 24.32% |
| Research & Development | 247.75M | 97.40M | 45.78M | 28.87M | 25.68M | 14.83M | 13.36M |
| General & Administrative | 43.90M | 18.73M | 5.78M | 6.87M | 7.82M | 6.25M | 8.92M |
| Selling & Marketing | 177.74M | 103.46M | 53.55M | 38.13M | 42.84M | 29.41M | 16.90M |
| SG&A | 221.64M | 122.19M | 59.33M | 45.00M | 50.66M | 35.66M | 25.81M |
| Other Expenses | -170.51M | -3.57M | -59.95K | 9.83M | 5.50M | -11.31M | -7.57M |
| Operating Expenses | 298.88M | 216.02M | 105.05M | 83.70M | 81.84M | 59.08M | 58.62M |
| Cost & Expenses | 1.43B | 1.06B | 560.29M | 370.29M | 348.61M | 264.60M | 247.28M |
| Interest Income | 135.11M | 142.09M | 4.11M | 1.40M | 846.21K | 366.90K | 573.35K |
| Interest Expense | 3.67M | 858.47K | 2.06M | 1.54M | 5.68M | 5.69M | 6.48M |
| Depreciation & Amortization | 40.93M | 15.18M | 8.30M | 6.17M | 6.40M | 5.29M | 3.32M |
| EBITDA | 638.40M | 630.20M | 234.45M | 127.42M | 105.65M | 30.66M | -7.34M |
| EBITDA Ratio | 31.51% | 41.75% | 30.45% | 26.10% | 25.54% | 11.79% | -0.68% |
| Operating Income | 592.07M | 612.11M | 222.42M | 119.07M | 94.21M | 30.93M | -9.57M |
| Operating Income Ratio | 29.22% | 39.84% | 27.97% | 24.05% | 20.48% | 10.08% | -3.84% |
| Total Other Income/Expenses | 907.35K | 610.48K | 2.14M | 381.69K | -744.84K | -11.31M | -7.57M |
| Income Before Tax | 592.98M | 612.72M | 224.56M | 119.45M | 93.47M | 19.62M | -17.15M |
| Income Before Tax Ratio | 29.27% | 39.88% | 28.24% | 24.13% | 20.32% | 6.39% | -6.88% |
| Income Tax Expense | 79.57M | 80.47M | 22.82M | 15.34M | 12.92M | 3.80M | 2.51M |
| Net Income | 511.85M | 532.55M | 201.74M | 104.11M | 80.54M | 15.86M | -19.65M |
| Net Income Ratio | 25.26% | 34.66% | 25.37% | 21.03% | 17.51% | 5.17% | -7.88% |
| EPS | 4.13 | 6.38 | 2.42 | 1.25 | 0.97 | 0.53 | -0.65 |
| EPS Diluted | 4.11 | 6.38 | 2.42 | 1.25 | 0.97 | 0.53 | -0.65 |
| Weighted Avg Shares Out | 123.81M | 83.44M | 83.44M | 83.44M | 83.44M | 30.00M | 30.00M |
| Weighted Avg Shares Out (Dil) | 124.41M | 83.44M | 83.44M | 83.44M | 83.44M | 30.00M | 30.00M |
Source: https://incomestatements.info
Category: Stock Reports