Cash flow Minieye Technology Co., Ltd

Stocks

2431

CNE100006QM3

Auto, Truck & Motorcycle Parts

Market Closed - Hong Kong S.E. Other stock markets 09:08:06 21/07/2026 BST			5-day change	1st Jan Change
7.250 ^HKD	-0.14%		-11.37%	-48.47%

07-14	Minieye Technology Signs Driverless Logistics Deal With DiDi Delivery	MT
07-13	Minieye Technology Co., Ltd And Beijing Kuaiju Anyun Technology Co., Ltd Signs Strategic Cooperation Agreement For Full-Scenario Driverless Logistics Operation	CI

980.AoXIt3bwauXsXuSjOMPXIoMyXWjs5Yw3NdLau9vgwTc.T9LxmjivOpaePKHbSJvlSex-NTCvqMgEVICww7iwlkRUwfvVIJEYlooVlw

Published financial data: MINIEYE TECHNOLOGY CO., LTD

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	175M	279M	476M	654M	759M
Total Revenues	175M	279M	476M	654M	759M
Cost of Goods Sold, Total	158M	246M	408M	550M	618M
Gross Profit	17M	33.57M	68.02M	105M	141M
Selling General & Admin Expenses, Total	97.17M	118M	147M	178M	202M
Provision for Bad Debts	2.1M	5.6M	4.02M	20.29M	21.55M
R&D Expenses	82.2M	139M	150M	156M	333M
Other Operating Expenses	-25.92M	-11.07M	-29.26M	-26.23M	-10.11M
Other Operating Expenses, Total	156M	252M	272M	328M	546M
Operating Income	-139M	-218M	-204M	-223M	-404M
Interest Expense, Total	-916K	-1.52M	-3.37M	-7.49M	-10.43M
Interest And Investment Income	212K	1.23M	1.97M	2.27M	8.4M
Net Interest Expenses	-704K	-287K	-1.41M	-5.22M	-2.03M
Income (Loss) On Equity Invest.	-	-	-	-	-176K
Currency Exchange Gains (Loss)	-	-	-	-250K	-3.68M
Other Non Operating Income (Expenses)	-99K	-1.92M	-2.1M	-2.36M	-8.18M
EBT, Excl. Unusual Items	-139M	-221M	-207M	-231M	-418M
Gain (Loss) On Sale Of Investments	-	-	-	3.61M	22K
Gain (Loss) On Sale Of Assets	-	-	-	-134K	2.15M
EBT, Incl. Unusual Items	-139M	-221M	-207M	-228M	-416M
Income Tax Expense	450K	172K	60K	17K	155K
Earnings From Continuing Operations	-140M	-221M	-207M	-228M	-416M
Net Income to Company	-140M	-221M	-207M	-228M	-416M
Minority Interest	7.58M	5.97M	9.92M	11.25M	16.12M
Net Income - (IS)	-132M	-215M	-197M	-216M	-400M
Net Income to Common Incl Extra Items	-132M	-215M	-197M	-216M	-400M
Net Income to Common Excl. Extra Items	-132M	-215M	-197M	-216M	-400M
Per Share Items
Net EPS - Basic	-0.48	-0.66	-0.59	-0.61	-0.99
Basic EPS - Continuing Operations	-0.48	-0.66	-0.59	-0.61	-0.99
Basic Weighted Average Shares Outstanding	275M	323M	332M	353M	404M
Net EPS - Diluted	-0.48	-0.66	-0.59	-0.61	-0.99
Diluted EPS - Continuing Operations	-0.48	-0.66	-0.59	-0.61	-0.99
Diluted Weighted Average Shares Outstanding	275M	323M	332M	353M	404M
Normalized Basic EPS	-0.29	-0.41	-0.36	-0.38	-0.61
Normalized Diluted EPS	-0.29	-0.41	-0.36	-0.38	-0.61
Supplemental Items
EBITDA	-135M	-211M	-193M	-211M	-390M
EBITA	-139M	-218M	-204M	-223M	-404M
EBIT	-139M	-218M	-204M	-223M	-404M
EBITDAR	-134M	-210M	-191M	-208M	-388M
Effective Tax Rate - (Ratio)	-0.32	-0.08	-0.03	-0.01	-0.04
Total Current Taxes	450K	172K	60K	17K	155K
Normalized Net Income	-79.51M	-132M	-120M	-133M	-245M
Interest on Long-Term Debt	444K	663K	1.23M	1.32M	1.18M
Supplemental Operating Expense Items
Advertising Expense	4.89M	5.39M	6.95M	1.25M	8.15M
Selling and Marketing Expenses	51.72M	63.37M	72.74M	71.1M	90.37M
General and Administrative Expenses	45.45M	54.77M	74.29M	107M	111M
Research And Development Expense From Footnotes	82.2M	139M	150M	156M	333M
Net Rental Expense, Total	1.2M	1.53M	1.5M	2.65M	1.78M
Imputed Operating Lease Interest Expense	-	333K	403K	925K	485K
Imputed Operating Lease Depreciation	-	1.2M	1.1M	1.72M	1.3M
Stock-Based Comp., R&D Exp. (Total)	3.46M	6.8M	10.01M	-	-
Stock-Based Comp., S&M Exp. (Total)	1.07M	3.18M	6.7M	-	-
Stock-Based Comp., G&A Exp. (Total)	4.27M	4.99M	5.69M	-	-
Stock-Based Comp., Other (Total)	-	-	-	28.71M	39.6M
Total Stock-Based Compensation	8.8M	14.96M	22.4M	28.71M	39.6M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	273M	244M	198M	794M	687M
Short Term Investments	701K	2.25M	4.71M	-	-
Trading Asset Securities, Total	174M	68.14M	247M	29.9M	150M
Total Cash And Short Term Investments	447M	314M	450M	824M	837M
Accounts Receivable, Total	101M	218M	334M	506M	649M
Other Receivables	24.16M	21.54M	25.58M	17.14M	43.71M
Total Receivables	125M	239M	359M	524M	693M
Inventory	123M	168M	145M	177M	203M
Prepaid Expenses	6.92M	13.49M	32.92M	-	-
Restricted Cash	-	20.01M	1.69M	4.84M	4.07M
Other Current Assets, Total	3.25M	3.56M	3.66M	9.91M	9.4M
Total Current Assets	705M	759M	992M	1.54B	1.75B
Gross Property Plant And Equipment	35.36M	52.72M	92.75M	142M	268M
Accumulated Depreciation	-6.52M	-13.84M	-24.51M	-36.76M	-51.21M
Net Property Plant And Equipment	28.83M	38.88M	68.23M	105M	217M
Long-term Investments	-	-	-	-	10M
Goodwill	-	-	-	-	3.73M
Other Intangibles, Total	3.78M	9.16M	10.34M	18.93M	21.06M
Other Long-Term Assets, Total	7.93M	10.04M	17.13M	15.28M	13.81M
Total Assets	746M	817M	1.09B	1.68B	2.01B
Liabilities
Accounts Payable, Total	32.19M	111M	130M	226M	322M
Accrued Expenses, Total	36.04M	44.66M	37.43M	36.76M	54.24M
Short-term Borrowings	26.6M	55.56M	76.66M	20M	30M
Current Portion of Long-Term Debt	-	-	1.2M	139M	271M
Current Portion of Leases	8.9M	8M	15.2M	15.48M	12.95M
Unearned Revenue Current, Total	3.93M	24.03M	5.4M	7.72M	2.72M
Other Current Liabilities	211M	8.47M	17.96M	44.1M	30.98M
Total Current Liabilities	318M	252M	284M	490M	724M
Long-Term Debt	-	-	18.8M	32.1M	71.37M
Long-Term Leases	6.57M	6.14M	19.1M	5.56M	15.03M
Unearned Revenue Non Current	3.89M	14.87M	12.88M	7.7M	3.93M
Other Non Current Liabilities	-	-	-	-	74M
Total Liabilities	329M	273M	335M	535M	888M
Common Stock, Total	32.16M	36.14M	360M	399M	421M
Additional Paid In Capital	-	-	-	1.27B	1.61B
Retained Earnings	-397M	-612M	-407M	-624M	-1.04B
Comprehensive Income and Other	792M	1.11B	781M	94.04M	133M
Total Common Equity	427M	530M	734M	1.13B	1.12B
Minority Interest	-9.54M	14.49M	19.57M	8.32M	2.08M
Total Equity	417M	544M	753M	1.14B	1.12B
Total Liabilities And Equity	746M	817M	1.09B	1.68B	2.01B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	275M	323M	360M	399M	421M
ECS Total Common Shares Outstanding	275M	323M	360M	399M	421M
Book Value / Share	1.55	1.64	2.04	2.84	2.66
Tangible Book Value	423M	520M	723M	1.12B	1.1B
Tangible Book Value Per Share	1.54	1.61	2.01	2.8	2.6
Total Debt	42.07M	69.7M	131M	213M	400M
Net Debt	-405M	-244M	-319M	-611M	-436M
Debt Equivalent Oper. Leases	9.57M	12.23M	12M	21.2M	14.25M
Minority Interest, Total (Incl. Fin. Div)	-9.54M	14.49M	19.57M	8.32M	2.08M
Equity Method Investments, Total	-	-	-	-	10M
Account Code - Inventory Valuation	-	-	6	6	6
Inventories - Raw Materials, Total	61.2M	62.35M	64.72M	62.36M	70.3M
Inventories - Work In Process, Total	31.77M	79.89M	33.53M	32.93M	54.32M
Inventories - Finished Goods, Total	41.98M	40.68M	64.94M	45.51M	72.44M
Machinery, Total	16.65M	31.85M	43.9M	65.53M	105M
Full Time Employees	-	-	496	582	813
Accumulated Allowance for Doubtful Accounts (Supple)	4.36M	9.89M	13.9M	32.97M	47.36M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-132M	-215M	-197M	-216M	-400M
Depreciation & Amortization - CF	8.82M	17M	25.51M	28.4M	31.16M
Depreciation & Amortization, Total	8.82M	17M	25.51M	28.4M	31.16M
Amortization of Deferred Charges, Total - (CF)	375K	715K	1.11M	2.15M	2.81M
(Gain) Loss From Sale Of Asset	-	2K	47K	134K	-2.15M
(Gain) Loss on Sale of Investments - (CF)	-2.69M	-8.05M	-3.79M	-3.61M	-22K
Asset Writedown & Restructuring Costs	-	1.73M	1.69M	2.35M	-244K
(Income) Loss On Equity Investments - (CF)	-	-	-	-	176K
Stock-Based Compensation (CF)	8.8M	14.96M	22.4M	28.71M	39.6M
Provision and Write-off of Bad Debts	2.1M	5.6M	4.02M	20.29M	21.55M
Other Operating Activities, Total	-6.75M	-2.87M	-2.14M	-3.93M	29.83M
Change In Accounts Receivable	-27.63M	-128M	-120M	-193M	-228M
Change In Inventories	-82.24M	-51.06M	17.29M	16.05M	-60.2M
Change In Accounts Payable	6.45M	79.01M	18.9M	96.24M	148M
Change in Unearned Revenues	3.36M	34.72M	-18.62M	2.32M	-5M
Change in Other Net Operating Assets	-30.45M	-4.35M	-25.41M	4.82M	-2.53M
Cash from Operations	-252M	-255M	-276M	-216M	-425M
Capital Expenditure	-11.94M	-17.15M	-24.54M	-21.5M	-128M
Sale of Property, Plant, and Equipment	36K	-	1.06M	433K	3.93M
Cash Acquisitions	-	-	-	-	173K
Divestitures	-	-	-	-	98K
Sale (Purchase) of Intangible assets	-2.35M	-6.1M	-2.65M	-49.52M	-20.22M
Investment in Marketable and Equity Securities, Total	-41.15M	98.66M	-162M	213M	-100M
Cash from Investing	-55.4M	75.41M	-188M	143M	-245M
Long-Term Debt Issued, Total	32.9M	57M	105M	254M	455M
Total Debt Issued	32.9M	57M	105M	254M	455M
Long-Term Debt Repaid, Total	-23.09M	-38.44M	-77.51M	-176M	-219M
Total Debt Repaid	-23.09M	-38.44M	-77.51M	-176M	-219M
Issuance of Common Stock	526M	106M	348M	617M	339M
Other Financing Activities, Total	-472K	26.14M	43.14M	-26.44M	-10.52M
Cash from Financing	535M	151M	419M	669M	565M
Foreign Exchange Rate Adjustments	-28K	121K	-26K	247K	-2.58M
Net Change in Cash	228M	-29.04M	-45.85M	596M	-107M
Supplemental Items
Cash Interest Paid	472K	858K	2.14M	6.17M	9.26M
Cash Income Tax Paid (Refund)	450K	172K	60K	17K	155K
Levered Free Cash Flow	-	-409M	-203M	-200M	-433M
Unlevered Free Cash Flow	-	-408M	-201M	-195M	-427M
Change In Net Working Capital	-	281M	95.12M	44.11M	99.26M
Net Debt Issued / Repaid	9.81M	18.56M	27.25M	78.42M	236M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-	-17.47	-13.36	-10.09	-13.7
Return on Total Capital	-	-25.45	-16.99	-12.47	-17.55
Return On Equity %	-	-45.95	-31.94	-24.02	-36.74
Return on Common Equity	-	-44.94	-31.23	-23.17	-35.48
Margin Analysis
Gross Profit Margin %	9.71	12.02	14.28	16.01	18.62
SG&A Margin	55.47	42.29	30.88	27.19	26.55
EBITDA Margin %	-77.14	-75.55	-40.46	-32.22	-51.32
EBITA Margin %	-79.09	-78.2	-42.75	-34.13	-53.25
EBIT Margin %	-79.09	-78.2	-42.75	-34.13	-53.25
Income From Continuing Operations Margin %	-79.8	-79.05	-43.5	-34.8	-54.84
Net Income Margin %	-75.48	-76.91	-41.42	-33.08	-52.72
Net Avail. For Common Margin %	-75.48	-76.91	-41.42	-33.08	-52.72
Normalized Net Income Margin	-45.39	-47.23	-25.1	-20.36	-32.32
Levered Free Cash Flow Margin	-	-146.45	-42.55	-30.58	-57.09
Unlevered Free Cash Flow Margin	-	-146.11	-42.11	-29.87	-56.23
Asset Turnover
Asset Turnover	-	0.36	0.5	0.47	0.41
Fixed Assets Turnover	-	8.25	8.89	7.56	4.72
Receivables Turnover (Average Receivables)	-	1.75	1.73	1.56	1.31
Inventory Turnover (Average Inventory)	-	1.69	2.6	3.1	3.25
Short Term Liquidity
Current Ratio	2.22	3.01	3.49	3.14	2.41
Quick Ratio	1.8	2.2	2.85	2.75	2.11
Operating Cash Flow to Current Liabilities	-0.79	-1.01	-0.97	-0.44	-0.59
Days Sales Outstanding (Average Receivables)	-	208.11	211.26	234.89	277.79
Days Outstanding Inventory (Average Inventory)	-	216.26	140.14	118.09	112.3
Average Days Payable Outstanding	-	89.77	114.48	118.88	155.3
Cash Conversion Cycle (Average Days)	-	334.6	236.92	234.11	234.79
Long Term Solvency
Total Debt/Equity	10.09	12.81	17.39	18.59	35.67
Total Debt / Total Capital	9.16	11.36	14.81	15.68	26.29
LT Debt/Equity	1.58	1.13	5.03	3.29	7.69
Long-Term Debt / Total Capital	1.43	1	4.29	2.78	5.67
Total Liabilities / Total Assets	44.07	33.41	30.77	31.89	44.16
EBIT / Interest Expense	-151.25	-143.63	-60.36	-29.81	-38.75
EBITDA / Interest Expense	-141.62	-132.45	-52.8	-26.02	-35.76
(EBITDA - Capex) / Interest Expense	-154.66	-143.73	-60.07	-28.89	-48.06
Total Debt / EBITDA	-0.32	-0.35	-0.74	-1.09	-1.07
Net Debt / EBITDA	3.12	1.21	1.79	3.14	1.17
Total Debt / (EBITDA - Capex)	-0.3	-0.32	-0.65	-0.98	-0.8
Net Debt / (EBITDA - Capex)	2.86	1.12	1.57	2.82	0.87
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	59.47	70.46	37.44	15.97
Gross Profit, 1 Yr. Growth %	-	97.46	102.63	54.03	34.91
EBITDA, 1 Yr. Growth %	-	56.2	-8.72	7.48	84.71
EBITA, 1 Yr. Growth %	-	57.68	-6.81	7.85	80.96
EBIT, 1 Yr. Growth %	-	57.68	-6.81	7.85	80.96
Earnings From Cont. Operations, 1 Yr. Growth %	-	57.96	-6.19	9.94	82.78
Net Income, 1 Yr. Growth %	-	62.5	-8.2	9.76	84.84
Normalized Net Income, 1 Yr. Growth %	-	65.94	-9.42	9.36	84.1
Diluted EPS Before Extra, 1 Yr. Growth %	-	38.14	-10.68	3.3	61.4
Accounts Receivable, 1 Yr. Growth %	-	115.75	53.25	51.83	28.1
Inventory, 1 Yr. Growth %	-	37.24	-13.96	-0.57	14.9
Net Property, Plant and Equip., 1 Yr. Growth %	-	34.85	75.48	53.86	106.24
Total Assets, 1 Yr. Growth %	-	9.56	33.15	54.28	19.82
Tangible Book Value, 1 Yr. Growth %	-	23.08	38.96	54.31	-1.79
Common Equity, 1 Yr. Growth %	-	24.14	38.51	54.71	-1.24
Cash From Operations, 1 Yr. Growth %	-	1.22	8.3	-21.92	96.75
Capital Expenditures, 1 Yr. Growth %	-	43.62	43.08	-12.4	496.75
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-50.47	-4.48	116.5
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-50.87	-5.76	118.35
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	64.88	53.06	26.25
Gross Profit, 2 Yr. CAGR %	-	-	100.03	76.67	44.15
EBITDA, 2 Yr. CAGR %	-	-	19.41	-0.04	40.9
EBITA, 2 Yr. CAGR %	-	-	21.22	1.12	39.7
EBIT, 2 Yr. CAGR %	-	-	21.22	1.12	39.7
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	21.73	1.55	41.76
Net Income, 2 Yr. CAGR %	-	-	22.14	0.38	42.43
Normalized Net Income, 2 Yr. CAGR %	-	-	22.6	0.49	41.89
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	11.08	-3.94	29.12
Accounts Receivable, 2 Yr. CAGR %	-	-	81.84	52.54	39.46
Inventory, 2 Yr. CAGR %	-	-	8.66	2.46	6.88
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-	53.83	64.32	78.14
Total Assets, 2 Yr. CAGR %	-	-	20.78	43.32	35.96
Tangible Book Value, 2 Yr. CAGR %	-	-	30.78	46.43	23.11
Common Equity, 2 Yr. CAGR %	-	-	31.13	46.38	23.61
Cash From Operations, 2 Yr. CAGR %	-	-	4.7	-8.04	23.94
Capital Expenditures, 2 Yr. CAGR %	-	-	43.35	11.96	128.64
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-30.05	43.81
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	-	-30.8	43.44
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	55.17	39.54
Gross Profit, 3 Yr. CAGR %	-	-	-	83.34	61.48
EBITDA, 3 Yr. CAGR %	-	-	-	15.99	22.66
EBITA, 3 Yr. CAGR %	-	-	-	17.26	22.77
EBIT, 3 Yr. CAGR %	-	-	-	17.26	22.77
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	17.66	23.53
Net Income, 3 Yr. CAGR %	-	-	-	17.86	23.03
Normalized Net Income, 3 Yr. CAGR %	-	-	-	18.78	22.96
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	8.42	14.2
Accounts Receivable, 3 Yr. CAGR %	-	-	-	71.23	43.92
Inventory, 3 Yr. CAGR %	-	-	-	12.94	6.45
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	-	53.84	77.25
Total Assets, 3 Yr. CAGR %	-	-	-	31.05	35.02
Tangible Book Value, 3 Yr. CAGR %	-	-	-	38.19	28.18
Common Equity, 3 Yr. CAGR %	-	-	-	38.56	28.39
Cash From Operations, 3 Yr. CAGR %	-	-	-	-5.05	18.49
Capital Expenditures, 3 Yr. CAGR %	-	-	-	21.65	95.57
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	1.94
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	-	1.5