HLA GROUP CORP LTD
SSE:600398

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HLA GROUP CORP LTD Logo
HLA GROUP CORP LTD
SSE:600398
Watchlist
Price: 6.27 CNY 1.46% Market Closed
Market Cap: 30.1B CNY
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+8%
5Y
+12%
10Y
+37%
Operating Income
+
3Y
-8%
5Y
+6%
10Y
-36%
Net Income
+
3Y
-4%
5Y
+12%
10Y
-31%

Earnings Waterfall
HLA GROUP CORP LTD

Revenue
21.3B CNY
Cost of Revenue
-11.9B CNY
Gross Profit
9.4B CNY
Operating Expenses
-6.9B CNY
Operating Income
2.5B CNY
Other Expenses
-431.5m CNY
Net Income
2.1B CNY

Income Statement
HLA GROUP CORP LTD

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Income Statement
Currency: CNY
Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025
Revenue
Interest Expense
14
0
0
0
17
0
0
0
22
0
0
0
26
0
0
0
27
0
0
0
23
0
0
0
8
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
7
0
0
36
89
125
166
154
156
99
92
102
136
147
162
163
206
221
229
262
250
253
257
245
223
0
141
98
63
0
0
0
Revenue
613
N/A
655
+7%
721
+10%
776
+7%
830
+7%
910
+10%
892
-2%
936
+5%
973
+4%
996
+2%
1 065
+7%
1 106
+4%
1 169
+6%
1 244
+6%
1 269
+2%
1 259
-1%
1 318
+5%
1 216
-8%
1 105
-9%
1 077
-3%
1 023
-5%
1 064
+4%
1 025
-4%
1 032
+1%
1 016
-2%
966
-5%
1 043
+8%
1 090
+5%
1 146
+5%
1 205
+5%
1 276
+6%
1 385
+9%
1 395
+1%
1 505
+8%
1 482
-1%
1 427
-4%
1 368
-4%
2 683
+96%
4 182
+56%
5 076
+21%
7 150
+41%
8 078
+13%
9 315
+15%
10 518
+13%
12 338
+17%
14 257
+16%
14 588
+2%
15 518
+6%
15 830
+2%
16 376
+3%
16 660
+2%
16 573
-1%
17 000
+3%
17 028
+0%
17 489
+3%
17 409
0%
18 200
+5%
18 826
+3%
18 961
+1%
18 764
-1%
19 090
+2%
19 392
+2%
19 797
+2%
20 736
+5%
21 970
+6%
19 729
-10%
19 350
-2%
19 059
-2%
17 959
-6%
19 605
+9%
19 991
+2%
20 336
+2%
20 188
-1%
19 905
-1%
19 569
-2%
19 707
+1%
18 562
-6%
19 032
+3%
20 245
+6%
20 456
+1%
21 528
+5%
22 023
+2%
21 698
-1%
21 217
-2%
20 957
-1%
20 966
+0%
21 153
+1%
21 297
+1%
Gross Profit
Cost of Revenue
(394)
(428)
(478)
(517)
(564)
(622)
(608)
(648)
(684)
(708)
(760)
(799)
(859)
(901)
(933)
(919)
(922)
(862)
(776)
(765)
(757)
(822)
(800)
(809)
(790)
(723)
(781)
(801)
(857)
(887)
(931)
(1 006)
(989)
(1 061)
(1 029)
(960)
(871)
(1 704)
(2 633)
(3 215)
(4 532)
(5 127)
(5 772)
(6 465)
(7 456)
(8 661)
(8 748)
(9 422)
(9 587)
(9 889)
(10 097)
(9 991)
(10 559)
(10 494)
(10 860)
(10 700)
(11 234)
(11 601)
(11 673)
(11 209)
(11 653)
(11 400)
(11 740)
(12 613)
(13 722)
(12 487)
(12 011)
(11 909)
(11 807)
(11 979)
(12 229)
(12 253)
(12 416)
(11 821)
(11 724)
(11 918)
(11 016)
(11 035)
(11 553)
(11 588)
(12 288)
(12 238)
(12 170)
(11 939)
(12 120)
(11 769)
(11 733)
(11 859)
Gross Profit
219
N/A
228
+4%
244
+7%
258
+6%
266
+3%
289
+9%
284
-2%
288
+2%
289
+0%
287
-1%
304
+6%
307
+1%
310
+1%
344
+11%
336
-2%
340
+1%
396
+16%
354
-11%
330
-7%
312
-5%
267
-14%
242
-9%
225
-7%
223
-1%
227
+2%
244
+7%
262
+8%
290
+11%
290
+0%
318
+9%
344
+8%
379
+10%
406
+7%
444
+9%
454
+2%
467
+3%
497
+6%
979
+97%
1 549
+58%
1 861
+20%
2 618
+41%
2 951
+13%
3 544
+20%
4 053
+14%
4 882
+20%
5 596
+15%
5 840
+4%
6 096
+4%
6 244
+2%
6 487
+4%
6 563
+1%
6 582
+0%
6 441
-2%
6 534
+1%
6 630
+1%
6 710
+1%
6 966
+4%
7 225
+4%
7 288
+1%
7 556
+4%
7 437
-2%
7 992
+7%
8 058
+1%
8 123
+1%
8 248
+2%
7 242
-12%
7 340
+1%
7 150
-3%
6 151
-14%
7 625
+24%
7 763
+2%
8 084
+4%
7 772
-4%
8 084
+4%
7 845
-3%
7 790
-1%
7 546
-3%
7 997
+6%
8 692
+9%
8 868
+2%
9 240
+4%
9 785
+6%
9 528
-3%
9 278
-3%
8 836
-5%
9 198
+4%
9 420
+2%
9 438
+0%
Operating Income
Operating Expenses
(83)
(85)
(92)
(96)
(98)
(106)
(102)
(109)
(124)
(123)
(131)
(136)
(137)
(146)
(168)
(174)
(172)
(153)
(125)
(120)
(131)
(124)
(132)
(136)
(140)
(155)
(170)
(181)
(192)
(212)
(230)
(248)
(278)
(304)
(307)
(314)
(380)
(464)
(622)
(722)
(920)
(1 003)
(1 301)
(1 538)
(1 848)
(2 177)
(2 154)
(2 118)
(2 414)
(2 514)
(2 540)
(2 639)
(2 533)
(2 556)
(2 609)
(2 625)
(2 740)
(2 739)
(2 709)
(3 081)
(3 046)
(3 537)
(3 629)
(3 829)
(4 133)
(4 317)
(4 723)
(4 745)
(3 860)
(4 628)
(4 634)
(4 844)
(4 469)
(5 052)
(5 135)
(5 014)
(4 676)
(5 129)
(5 408)
(5 363)
(5 665)
(6 246)
(6 291)
(6 475)
(6 303)
(6 657)
(6 806)
(6 893)
Selling, General & Administrative
(82)
(85)
(92)
(96)
(97)
(106)
(103)
(110)
(123)
(123)
(129)
(131)
(135)
(142)
(165)
(172)
(158)
(150)
(126)
(123)
(129)
(127)
(129)
(130)
(138)
(149)
(163)
(174)
(192)
(212)
(229)
(250)
(278)
(301)
(308)
(313)
(363)
(469)
(614)
(722)
(824)
(991)
(1 238)
(1 493)
(1 702)
(2 120)
(2 162)
(2 100)
(2 201)
(2 358)
(2 349)
(2 444)
(2 278)
(2 309)
(2 287)
(2 274)
(2 476)
(2 647)
(2 746)
(3 000)
(2 790)
(3 130)
(3 262)
(3 524)
(3 740)
(3 842)
(3 975)
(4 088)
(3 544)
(4 016)
(4 109)
(4 121)
(4 107)
(4 410)
(4 519)
(4 416)
(4 183)
(4 391)
(4 679)
(4 817)
(5 152)
(5 557)
(5 611)
(5 731)
(5 725)
(5 971)
(6 012)
(6 092)
Research & Development
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(8)
0
0
0
(22)
0
0
0
(19)
0
0
0
(20)
0
0
(4)
(30)
0
0
(5)
(48)
(29)
(52)
(53)
(66)
(66)
(56)
(64)
(79)
(87)
(111)
(115)
(116)
(147)
(155)
(188)
(187)
(205)
(216)
(206)
(193)
(205)
(208)
(241)
(280)
(284)
(283)
(261)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(17)
0
0
0
(87)
0
0
0
(120)
0
0
0
(190)
0
0
0
(231)
0
0
0
(248)
0
0
0
(276)
0
0
0
(351)
0
0
0
(268)
0
0
0
(283)
0
0
0
(317)
0
0
0
(326)
0
0
0
(314)
0
0
0
Other Operating Expenses
0
0
0
0
0
0
0
0
(1)
(1)
(3)
(4)
(2)
(5)
(3)
(1)
(14)
(2)
2
3
(2)
2
(3)
(6)
(2)
(6)
(7)
(6)
(1)
(0)
(1)
2
(1)
(3)
1
(1)
(1)
5
(8)
(0)
(1)
(12)
(63)
(45)
(3)
(56)
8
(18)
(4)
(156)
(192)
(195)
(4)
(248)
(321)
(346)
15
(92)
36
(77)
68
(378)
(315)
(252)
22
(408)
(691)
(593)
31
(525)
(415)
(608)
38
(495)
(461)
(410)
12
(533)
(513)
(340)
6
(484)
(472)
(503)
16
(402)
(511)
(541)
Operating Income
136
N/A
142
+5%
152
+7%
162
+7%
168
+4%
183
+9%
181
-1%
179
-1%
165
-8%
164
-1%
173
+6%
171
-1%
173
+1%
198
+14%
168
-15%
166
-1%
224
+35%
202
-10%
205
+2%
192
-7%
136
-29%
118
-13%
93
-21%
88
-6%
87
-1%
88
+2%
92
+5%
109
+18%
97
-11%
105
+9%
115
+9%
131
+14%
128
-2%
140
+10%
146
+4%
153
+5%
117
-23%
515
+340%
927
+80%
1 139
+23%
1 698
+49%
1 948
+15%
2 243
+15%
2 515
+12%
3 034
+21%
3 419
+13%
3 685
+8%
3 978
+8%
3 830
-4%
3 973
+4%
4 023
+1%
3 942
-2%
3 907
-1%
3 978
+2%
4 021
+1%
4 085
+2%
4 226
+3%
4 487
+6%
4 579
+2%
4 474
-2%
4 391
-2%
4 455
+1%
4 429
-1%
4 294
-3%
4 114
-4%
2 926
-29%
2 617
-11%
2 405
-8%
2 292
-5%
2 997
+31%
3 128
+4%
3 240
+4%
3 304
+2%
3 032
-8%
2 710
-11%
2 776
+2%
2 870
+3%
2 868
0%
3 283
+14%
3 504
+7%
3 576
+2%
3 539
-1%
3 237
-9%
2 803
-13%
2 533
-10%
2 541
+0%
2 613
+3%
2 545
-3%
Pre-Tax Income
Interest Income Expense
(11)
(12)
(12)
(14)
(13)
(16)
(16)
(17)
(16)
(19)
(21)
(22)
(20)
(22)
(22)
(8)
(10)
(24)
(26)
(38)
(12)
(13)
(7)
(5)
(2)
1
9
11
6
9
6
7
11
14
16
19
23
27
37
45
51
66
69
74
92
99
108
108
107
130
136
136
165
159
155
154
133
83
65
106
164
209
194
200
(70)
(17)
(19)
(94)
(6)
(31)
61
126
44
99
9
9
24
(9)
(31)
39
1
199
372
313
231
287
156
212
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
(4)
0
0
0
(3)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(2)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
1
1
1
0
1
1
1
135
0
0
(1)
(4)
1
2
2
(98)
12
22
(2)
(88)
1
(10)
22
34
1
(2)
(2)
17
(22)
(17)
(21)
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
0
0
0
0
0
0
0
4
0
0
0
0
0
0
0
0
0
0
0
(1)
0
0
0
0
0
0
0
(57)
0
0
(58)
(3)
0
0
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
0
0
0
(0)
0
0
0
0
0
0
0
(0)
0
0
0
Total Other Income
(1)
(1)
(3)
(4)
(5)
(7)
(5)
(5)
(5)
(5)
(5)
(4)
(4)
(4)
(4)
(3)
(5)
(6)
(8)
(8)
(6)
3
4
6
(3)
(6)
(6)
(8)
(5)
(5)
(5)
(6)
(7)
(7)
(8)
(7)
(6)
(9)
(6)
(7)
66
202
197
176
158
(24)
15
104
60
53
40
34
32
35
19
25
35
20
22
8
23
24
22
47
45
40
33
30
17
19
24
18
7
(1)
(11)
(25)
91
93
95
98
13
12
15
19
7
4
10
10
Pre-Tax Income
125
N/A
130
+4%
137
+5%
145
+6%
150
+4%
161
+7%
160
-1%
157
-2%
143
-9%
141
-2%
148
+5%
145
-2%
145
0%
171
+18%
143
-17%
155
+9%
206
+33%
171
-17%
171
0%
145
-15%
117
-20%
107
-8%
90
-16%
88
-2%
86
-2%
83
-4%
95
+14%
111
+17%
98
-12%
109
+11%
115
+6%
132
+15%
129
-3%
147
+14%
154
+5%
165
+7%
133
-19%
534
+301%
958
+80%
1 177
+23%
1 815
+54%
2 216
+22%
2 509
+13%
2 765
+10%
3 227
+17%
3 495
+8%
3 808
+9%
4 132
+9%
3 994
-3%
4 157
+4%
4 199
+1%
4 115
-2%
4 105
0%
4 174
+2%
4 197
+1%
4 264
+2%
4 395
+3%
4 590
+4%
4 666
+2%
4 588
-2%
4 578
0%
4 689
+2%
4 646
-1%
4 542
-2%
4 224
-7%
2 948
-30%
2 631
-11%
2 339
-11%
2 299
-2%
2 985
+30%
3 215
+8%
3 385
+5%
3 257
-4%
3 142
-4%
2 731
-13%
2 758
+1%
2 897
+5%
2 953
+2%
3 337
+13%
3 663
+10%
3 624
-1%
3 752
+4%
3 622
-3%
3 132
-14%
2 787
-11%
2 810
+1%
2 762
-2%
2 746
-1%
Net Income
Tax Provision
(34)
(36)
(40)
(42)
(42)
(46)
(44)
(41)
(30)
(28)
(33)
(32)
(38)
(43)
(38)
(45)
(54)
(44)
(38)
(31)
(26)
(21)
(18)
(12)
(11)
(9)
(10)
(15)
(14)
(16)
(17)
(22)
(23)
(29)
(32)
(33)
(26)
(133)
(245)
(307)
(464)
(558)
(603)
(676)
(848)
(894)
(990)
(1 080)
(1 040)
(1 113)
(1 139)
(1 036)
(982)
(998)
(972)
(1 044)
(1 066)
(1 141)
(1 147)
(1 144)
(1 122)
(1 157)
(1 144)
(1 121)
(1 057)
(701)
(660)
(528)
(581)
(732)
(789)
(892)
(856)
(856)
(716)
(677)
(835)
(804)
(854)
(873)
(705)
(742)
(723)
(671)
(598)
(571)
(624)
(677)
Income from Continuing Operations
91
94
97
103
108
115
116
116
113
112
115
113
107
128
104
110
152
127
132
115
92
86
72
77
75
74
85
96
85
93
99
111
106
119
122
132
107
401
713
870
1 351
1 658
1 906
2 089
2 379
2 601
2 818
3 052
2 954
3 044
3 061
3 079
3 123
3 176
3 225
3 220
3 329
3 449
3 519
3 444
3 456
3 533
3 502
3 422
3 168
2 247
1 971
1 812
1 718
2 253
2 425
2 493
2 401
2 286
2 014
2 081
2 062
2 149
2 483
2 790
2 918
3 010
2 899
2 461
2 189
2 239
2 138
2 069
Income to Minority Interest
(4)
(4)
(3)
(5)
(4)
(3)
(6)
(7)
(8)
(9)
(8)
(8)
(8)
(9)
(6)
(5)
(5)
(3)
(4)
(4)
(4)
(4)
(2)
2
4
6
4
2
2
1
1
(2)
(3)
(4)
(5)
(3)
(3)
0
0
0
0
(1)
0
(4)
(4)
(3)
(5)
(1)
(1)
(1)
(1)
(1)
0
(1)
(1)
(1)
0
0
0
0
(1)
1
12
21
43
49
62
73
67
79
62
49
91
86
102
112
93
86
75
68
34
25
11
(53)
(30)
(32)
(36)
45
Net Income (Common)
87
N/A
90
+4%
94
+3%
98
+5%
104
+6%
112
+7%
111
-1%
109
-1%
105
-4%
104
-1%
107
+3%
105
-2%
98
-7%
119
+22%
98
-18%
105
+7%
147
+40%
124
-16%
128
+3%
110
-14%
88
-20%
82
-7%
71
-14%
79
+11%
79
+0%
80
+1%
89
+11%
98
+10%
86
-12%
95
+10%
100
+5%
109
+10%
103
-6%
115
+12%
117
+2%
129
+10%
105
-18%
397
+278%
711
+79%
868
+22%
1 351
+56%
1 657
+23%
1 907
+15%
2 085
+9%
2 375
+14%
2 598
+9%
2 813
+8%
3 051
+8%
2 953
-3%
3 043
+3%
3 060
+1%
3 078
+1%
3 123
+1%
3 175
+2%
3 225
+2%
3 219
0%
3 329
+3%
3 448
+4%
3 519
+2%
3 444
-2%
3 459
+0%
3 538
+2%
3 519
-1%
3 448
-2%
3 211
-7%
2 296
-28%
2 033
-11%
1 884
-7%
1 785
-5%
2 332
+31%
2 487
+7%
2 542
+2%
2 491
-2%
2 372
-5%
2 117
-11%
2 193
+4%
2 155
-2%
2 235
+4%
2 559
+14%
2 857
+12%
2 952
+3%
3 036
+3%
2 909
-4%
2 408
-17%
2 159
-10%
2 207
+2%
2 103
-5%
2 113
+1%
EPS (Diluted)
0.2
N/A
0.21
+5%
0.21
N/A
0.22
+5%
0.22
N/A
0.24
+9%
0.24
N/A
0.23
-4%
0.22
-4%
0.22
N/A
0.23
+5%
0.23
N/A
0.21
-9%
0.17
-19%
0.14
-18%
0.17
+21%
0.23
+35%
0.18
-22%
0.18
N/A
0.16
-11%
0.14
-13%
0.13
-7%
0.11
-15%
0.12
+9%
0.12
N/A
0.12
N/A
0.14
+17%
0.15
+7%
0.13
-13%
0.14
+8%
0.15
+7%
0.17
+13%
0.16
-6%
0.18
+13%
0.18
N/A
0.2
+11%
0.16
-20%
0.1
-38%
0.18
+80%
0.25
+39%
0.35
+40%
0.42
+20%
0.42
N/A
0.46
+10%
0.53
+15%
0.58
+9%
0.63
+9%
0.68
+8%
0.66
-3%
0.68
+3%
0.68
N/A
0.68
N/A
0.7
+3%
0.7
N/A
0.72
+3%
0.72
N/A
0.74
+3%
0.77
+4%
0.78
+1%
0.77
-1%
0.77
N/A
0.76
-1%
0.79
+4%
0.77
-3%
0.73
-5%
0.51
-30%
0.4
-22%
0.38
-5%
0.41
+8%
0.52
+27%
0.52
N/A
0.53
+2%
0.55
+4%
0.54
-2%
0.48
-11%
0.5
+4%
0.48
-4%
0.47
-2%
0.56
+19%
0.62
+11%
0.64
+3%
0.67
+5%
0.59
-12%
0.52
-12%
0.46
-12%
0.49
+7%
0.47
-4%
0.38
-19%

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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