Cash flow MicroPort Scientific Corporation

Equities

853 KYG608371046

Advanced Medical Equipment & Technology

Market Closed - Hong Kong S.E. Other stock markets 09:08:30 12/09/2024 BST			5-day change	1st Jan Change
4.600 ^HKD	+0.66%		-1.29%	-45.37%

08-30	MicroPort Scientific Corporation Reports Earnings Results for the Half Year Ended June 30, 2024	CI
08-23	MicroPort CardioFlow Medtech to Buy Industrial Site from MicroPort Medical	MT

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Published financial data: MICROPORT SCIENTIFIC CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	793M	649M	779M	841M	951M
Total Revenues	793M	649M	779M	841M	951M
Cost of Goods Sold, Total	229M	213M	287M	339M	419M
Gross Profit	564M	436M	492M	502M	532M
Selling General & Admin Expenses, Total	395M	424M	548M	576M	537M
R&D Expenses	151M	193M	298M	420M	379M
Other Operating Expenses	-4.81M	7.91M	-39.74M	13.08M	3.8M
Other Operating Expenses, Total	541M	625M	806M	1.01B	920M
Operating Income	23.13M	-189M	-314M	-507M	-388M
Interest Expense, Total	-22.7M	-37.39M	-42.71M	-74.52M	-92.73M
Interest And Investment Income	3.54M	6.26M	15.82M	19.11M	32.7M
Net Interest Expenses	-19.16M	-31.12M	-26.88M	-55.41M	-60.03M
Income (Loss) On Equity Invest.	-5.66M	-6.73M	-13.26M	-42.54M	-32.47M
Currency Exchange Gains (Loss)	176K	2.02M	-5.72M	4.5M	-7.7M
Other Non Operating Income (Expenses)	-	-2.33M	-5.17M	-3.89M	-3.3M
EBT, Excl. Unusual Items	-1.5M	-227M	-365M	-604M	-491M
Restructuring Charges	-	-1.03M	-9K	-	-
Merger & Related Restructuring Charges	-	-	-	-	-
Impairment of Goodwill	-	-	-	-	-120M
Gain (Loss) On Sale Of Investments	-	1.06M	9.22M	39.27M	15.31M
Gain (Loss) On Sale Of Assets	63.7M	-570K	7.81M	6.65M	-3.89M
Asset Writedown	-	-1.95M	-239K	-23.53M	-36.43M
Insurance Settlements	-	-	-	-	-
Legal Settlements	-	-	10.74M	-	-
Other Unusual Items	1.01M	16.42M	-	333K	9.3M
EBT, Incl. Unusual Items	63.21M	-213M	-337M	-582M	-627M
Income Tax Expense	34.2M	10.41M	13.97M	6.6M	22.64M
Earnings From Continuing Operations	29.01M	-223M	-351M	-588M	-649M
Net Income to Company	29.01M	-223M	-351M	-588M	-649M
Minority Interest	17.27M	32.1M	74.81M	152M	172M
Net Income - (IS)	46.28M	-191M	-276M	-437M	-478M
Net Income to Common Incl Extra Items	46.28M	-191M	-276M	-437M	-478M
Net Income to Common Excl. Extra Items	46.28M	-191M	-276M	-437M	-478M
Per Share Items
Net EPS - Basic	0.03	-0.11	-0.15	-0.24	-0.26
Basic EPS - Continuing Operations	0.03	-0.11	-0.15	-0.24	-0.26
Basic Weighted Average Shares Outstanding	1.58B	1.74B	1.81B	1.81B	1.82B
Net EPS - Diluted	0.02	-0.11	-0.17	-0.25	-0.27
Diluted EPS - Continuing Operations	0.02	-0.11	-0.17	-0.25	-0.27
Diluted Weighted Average Shares Outstanding	1.67B	1.8B	1.81B	1.82B	1.82B
Normalized Basic EPS	0.01	-0.06	-0.08	-0.12	-0.07
Normalized Diluted EPS	0.01	-0.06	-0.08	-0.12	-0.07
Dividend Per Share	0.01	0.01	-	-	-
Payout Ratio	7.41	-3.48	-2.32	-	-
Supplemental Items
EBITDA	69.19M	-136M	-256M	-431M	-294M
EBITA	28.87M	-181M	-306M	-498M	-377M
EBIT	23.13M	-189M	-314M	-507M	-388M
EBITDAR	78.36M	-136M	-255M	-427M	-289M
Effective Tax Rate - (Ratio)	54.11	-4.89	-4.14	-1.13	-3.61
Total Current Taxes	35.81M	10.12M	17.79M	16.23M	26.03M
Total Deferred Taxes	-1.61M	290K	-3.82M	-9.64M	-3.39M
Normalized Net Income	16.33M	-110M	-153M	-226M	-136M
Interest Capitalized	392K	-	-	603K	756K
Interest on Long-Term Debt	6.47M	27.2M	36.28M	60.79M	68.97M
Non-Cash Pension Expense	381K	617K	564K	749K	633K
Supplemental Operating Expense Items
Selling and Marketing Expenses	275M	254M	298M	328M	335M
General and Administrative Expenses	119M	170M	250M	248M	202M
Research And Development Expense From Footnotes	153M	194M	303M	431M	381M
Net Rental Expense, Total	9.17M	419K	1.24M	3.4M	4.88M
Imputed Operating Lease Interest Expense	4.3M	332K	549K	1.51M	2.31M
Imputed Operating Lease Depreciation	4.86M	86.91K	689K	1.89M	2.58M
Stock-Based Comp., COGS (Total)	-	252K	654K	866K	550K
Stock-Based Comp., R&D Exp. (Total)	3.24M	6.87M	13.66M	21.46M	17.32M
Stock-Based Comp., S&M Exp. (Total)	8.33M	6.13M	6.77M	9.71M	9.53M
Stock-Based Comp., G&A Exp. (Total)	6.96M	42.41M	70.26M	40.76M	12.27M
Stock-Based Comp., Other (Total)	541K	3.83M	3.27M	4.27M	2.24M
Total Stock-Based Compensation	19.07M	59.49M	94.61M	77.08M	41.9M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	280M	1B	1.75B	1.2B	1.02B
Short Term Investments	21.35M	35.85M	65.52M	98.08M	71.09M
Trading Asset Securities, Total	-	-	-	38.2M	40.03M
Total Cash And Short Term Investments	301M	1.04B	1.82B	1.34B	1.13B
Accounts Receivable, Total	211M	161M	186M	171M	186M
Other Receivables	34.78M	40.31M	56.81M	15.88M	53.11M
Notes Receivable	-	-	-	-	-
Total Receivables	245M	201M	243M	187M	240M
Inventory	192M	240M	290M	352M	415M
Other Current Assets, Total	1.77M	623K	34.3M	60.76M	225M
Total Current Assets	741M	1.48B	2.39B	1.94B	2.01B
Gross Property Plant And Equipment	627M	738M	1.25B	1.41B	1.52B
Accumulated Depreciation	-193M	-251M	-320M	-409M	-514M
Net Property Plant And Equipment	434M	486M	930M	1B	1.01B
Long-term Investments	74.31M	107M	388M	442M	383M
Goodwill	161M	159M	291M	263M	149M
Other Intangibles, Total	34.83M	30.59M	129M	113M	104M
Accounts Receivable Long-Term	-	-	-	-	11.51M
Loans Receivable Long-Term	-	26.7M	-	-	-
Deferred Tax Assets Long-Term	13.17M	15.5M	20.37M	27.64M	31.38M
Deferred Charges Long-Term	90.98M	108M	128M	110M	131M
Other Long-Term Assets, Total	49.18M	56.03M	108M	99.16M	102M
Total Assets	1.6B	2.47B	4.38B	3.99B	3.93B
Liabilities
Accounts Payable, Total	90.12M	60.39M	131M	143M	186M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	115M	10.89M	94.75M	185M	752M
Current Portion of Leases	10.18M	12.07M	50.5M	51.94M	46.92M
Current Income Taxes Payable	13.12M	52.68M	19.12M	17.47M	4.98M
Unearned Revenue Current, Total	9.52M	62.01M	23.59M	22.6M	18.77M
Other Current Liabilities	194M	321M	228M	241M	262M
Total Current Liabilities	432M	519M	547M	662M	1.27B
Long-Term Debt	288M	231M	930M	1.11B	814M
Long-Term Leases	44.53M	42.77M	168M	124M	85.33M
Unearned Revenue Non Current	46.36M	67.7M	61.34M	62.96M	70.01M
Pension & Other Post Retirement Benefits	9.05M	11.42M	11.12M	9.51M	10.27M
Deferred Tax Liability Non Current	3.6M	4.12M	27.69M	24.72M	25.69M
Other Non Current Liabilities	121M	205M	418M	211M	253M
Total Liabilities	944M	1.08B	2.16B	2.2B	2.53B
Common Stock, Total	16K	18K	18K	18K	18K
Additional Paid In Capital	363M	662M	665M	671M	678M
Retained Earnings	137M	-54.66M	-331M	-767M	-1.24B
Comprehensive Income and Other	19.9M	521M	1.16B	1.23B	1.32B
Total Common Equity	519M	1.13B	1.49B	1.14B	758M
Minority Interest	135M	260M	727M	658M	645M
Total Equity	654M	1.39B	2.22B	1.79B	1.4B
Total Liabilities And Equity	1.6B	2.47B	4.38B	3.99B	3.93B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.6B	1.78B	1.81B	1.82B	1.83B
ECS Total Common Shares Outstanding	1.6B	1.78B	1.81B	1.82B	1.83B
Book Value / Share	0.32	0.63	0.82	0.62	0.41
Tangible Book Value	324M	938M	1.07B	759M	505M
Tangible Book Value Per Share	0.2	0.53	0.59	0.42	0.28
Total Debt	458M	297M	1.24B	1.47B	1.7B
Net Debt	157M	-741M	-576M	129M	568M
Debt Equivalent of Unfunded Proj. Benefit Obligation	9.05M	11.42M	11.12M	9.51M	10.27M
Debt Equivalent Oper. Leases	73.34M	3.35M	9.9M	27.21M	39.08M
Minority Interest, Total (Incl. Fin. Div)	135M	260M	727M	658M	645M
Equity Method Investments, Total	54.18M	87.06M	363M	424M	373M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	36.99M	54.6M	90.28M	121M	140M
Inventories - Work In Process, Total	41.8M	48.55M	54.78M	72.77M	90.62M
Inventories - Finished Goods, Total	114M	137M	145M	159M	184M
Land - (BS)	227M	252M	385M	356M	371M
Machinery, Total	276M	339M	386M	448M	495M
Full Time Employees	6.48K	7.07K	8.02K	9.44K	8.23K
Assets on Operating Lease - Gross	6.55M	6.78M	9.3M	8.74M	8.59M
Assets on Operating Lease - Accumulated Depreciation	-1.33M	-1.5M	-1.89M	-2.16M	-2.34M
Accumulated Allowance for Doubtful Accounts (Supple)	9.68M	9.7M	11.22M	15.69M	20.19M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	46.28M	-191M	-276M	-437M	-478M
Depreciation & Amortization - CF	51.41M	56.75M	77.75M	122M	132M
Amortization of Goodwill and Intangible Assets - (CF)	5.74M	8.16M	7.6M	9.25M	10.88M
Depreciation & Amortization, Total	57.14M	64.91M	85.35M	131M	143M
Amortization of Deferred Charges, Total - (CF)	4.04M	5.67M	8.28M	10.18M	8.58M
(Gain) Loss From Sale Of Asset	-63.7M	570K	-7.81M	-6.65M	3.89M
(Gain) Loss on Sale of Investments - (CF)	2M	12.18M	-34.92M	-38.52M	-2.31M
Asset Writedown & Restructuring Costs	450K	114K	251K	23.56M	156M
(Income) Loss On Equity Investments - (CF)	5.66M	6.73M	13.26M	42.54M	32.47M
Stock-Based Compensation (CF)	18.53M	55.66M	91.34M	72.8M	39.66M
Other Operating Activities, Total	8.6M	-20.62M	-69.38M	-72.55M	-101M
Change In Accounts Receivable	-44.45M	35.82M	-86.16M	23.65M	-27.97M
Change In Inventories	-24.07M	-47.87M	-51.78M	-79.33M	-62.47M
Change In Accounts Payable	21.69M	2.64M	117M	-18.36M	52.74M
Change in Unearned Revenues	-5.72M	52.22M	-46.88M	4.72M	3.34M
Cash from Operations	26.45M	-23.2M	-258M	-343M	-232M
Capital Expenditure	-97.04M	-104M	-222M	-235M	-167M
Sale of Property, Plant, and Equipment	3.47M	2.09M	4.9M	428K	1.09M
Cash Acquisitions	-	-	-238M	-	-17.9M
Divestitures	31.03M	-	-2.25M	-	-
Sale (Purchase) of Intangible assets	-18.05M	-16.87M	-26.17M	-21.88M	-32.4M
Investment in Marketable and Equity Securities, Total	-10.96M	-36.85M	-203M	-120M	-297M
Other Investing Activities, Total	11.6M	7M	30.37M	-35.46M	136M
Cash from Investing	-79.96M	-148M	-656M	-413M	-377M
Short Term Debt Issued, Total	2.04M	-	-	-	-
Long-Term Debt Issued, Total	162M	199M	1.02B	464M	562M
Total Debt Issued	164M	199M	1.02B	464M	562M
Short Term Debt Repaid, Total	-	-633K	-	-	-
Long-Term Debt Repaid, Total	-85.1M	-294M	-144M	-231M	-345M
Total Debt Repaid	-85.1M	-295M	-144M	-231M	-345M
Issuance of Common Stock	1.85M	211M	8.48M	5.38M	24.93M
Repurchase of Common Stock	-17.63M	-3.5M	-45.26M	-23.2M	-1.19M
Common Dividends Paid	-3.43M	-6.66M	-6.42M	-	-
Common & Preferred Stock Dividends Paid	-3.43M	-6.66M	-6.42M	-	-
Other Financing Activities, Total	148M	742M	827M	57.68M	194M
Cash from Financing	207M	847M	1.66B	273M	435M
Foreign Exchange Rate Adjustments	-3.83M	46.44M	5.34M	-68.35M	-9.67M
Net Change in Cash	150M	722M	752M	-551M	-183M
Supplemental Items
Cash Interest Paid	19.22M	13.48M	14.38M	23.66M	42.36M
Cash Income Tax Paid (Refund)	24.2M	13.97M	57.68M	3.28M	25.62M
Levered Free Cash Flow	-7.91M	55.96M	-502M	-412M	-539M
Unlevered Free Cash Flow	6.28M	79.33M	-476M	-365M	-481M
Change In Net Working Capital	-26.67M	-188M	220M	9.82M	233M
Net Debt Issued / Repaid	78.91M	-95.86M	877M	233M	217M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	1.01	-5.8	-5.73	-7.57	-6.11
Return on Total Capital	1.47	-8.43	-7.62	-9.43	-7.62
Return On Equity %