Platt Nera International Limited (1949.HK)

Technology | Information Technology Services
Income Statement (Quarterly) 2026-04-08 2025-06-30 2025-03-31 2024-12-31
Revenue 30,399,000 30,399,000 15,199,500 21,306,500
Cost of Revenue 25,636,000 25,636,000 12,818,000 17,568,500
Gross Profit 4,763,000 4,763,000 2,381,500 3,738,000
Operating Expenses
R&D Expenses 0 0 0 0
SG&A Expenses 51,981,000 51,981,000 25,990,500 17,245,500
Operating Expenses 51,981,000 51,981,000 25,990,500 17,245,500
Operating Income -47,218,000 -47,218,000 -23,609,000 -13,507,500
Interest Expense 0 19,023,000 0 0
Income Before Tax -45,732,000 -45,732,000 -22,866,000 -132,695,500
Income Tax Expense 0 0 0 10,950,000
Net Income -45,732,000 -45,732,000 -22,866,000 -143,640,500
Per Share
EPS -0.06 -0.06 -0.03 -0.21
EPS Diluted 0.00 0.00 0.00 0.00
Income Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenue 109,067,000 484,762,000 269,589,000 337,543,000 525,423,000
Cost of Revenue 85,068,000 395,877,000 304,774,000 300,266,000 610,237,000
Gross Profit 23,999,000 88,885,000 -35,185,000 37,277,000 -84,814,000
Operating Expenses
R&D Expenses 0 0 0 0 0
SG&A Expenses 61,256,000 65,568,000 66,589,000 76,775,000 91,901,000
Operating Expenses 61,256,000 65,568,000 66,589,000 76,775,000 91,901,000
Operating Income -37,257,000 23,317,000 -63,045,000 -39,498,000 -176,715,000
Interest Expense 0 37,752,000 45,316,000 51,896,000 10,959,000
Income Before Tax -264,190,000 10,676,000 -108,361,000 -42,769,000 39,620,000
Income Tax Expense 21,900,000 2,782,000 -24,339,000 -13,427,000 35,393,000
Net Income -286,080,000 7,894,000 -84,022,000 -29,342,000 4,227,000
Per Share
EPS -0.45 0.02 -0.18 -0.07 0.01
EPS Diluted 0.00 0.00 0.00 0.00 0.00
Balance Sheet (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets
Cash and Cash Equivalents 74,747,000 12,620,000 26,310,000 62,140,000
Short Term Investments 70,536,000 80,180,000 0 0
Net Receivables 371,882,000 575,527,000 481,722,000 0
Inventory 93,043,000 5,072,000 5,072,000 5,072,000
Total Current Assets 844,656,000 934,353,000 833,414,000 1,062,395,000
Property Plant Equipment 54,398,000 9,735,000 2,311,000 6,292,000
Goodwill and Intangibles 46,000 109,000 174,000 416,000
Total Assets 1,236,986,000 1,634,253,000 1,680,318,000 1,930,865,000
Liabilities
Account Payables 413,001,000 407,234,000 366,551,000 484,256,000
Short Term Debt 141,728,000 200,801,000 236,206,000 134,488,000
Total Current Liabilities 660,390,000 682,315,000 679,296,000 682,719,000
Long Term Debt 202,035,000 223,644,000 159,216,000 127,967,000
Total Liabilities 872,609,000 1,156,764,000 1,294,140,000 1,460,665,000
Shareholders Equity
Retained Earnings 0 -233,093,000 -240,987,000 0
Total Shareholders Equity 327,551,000 477,489,000 386,178,000 470,200,000
Balance Sheet (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Assets
Cash and Cash Equivalents 74,747,000 12,620,000 26,310,000 62,140,000 186,167,000
Short Term Investments 70,536,000 80,180,000 0 0 0
Net Receivables 371,882,000 575,527,000 481,722,000 0 0
Inventory 93,043,000 5,072,000 5,072,000 5,072,000 6,553,000
Total Current Assets 844,656,000 934,353,000 833,414,000 1,062,395,000 805,765,000
Property Plant Equipment 54,398,000 9,735,000 2,311,000 6,292,000 10,522,000
Goodwill and Intangibles 46,000 109,000 174,000 416,000 541,000
Total Assets 1,236,986,000 1,634,253,000 1,680,318,000 1,930,865,000 1,668,989,000
Liabilities
Account Payables 413,001,000 407,234,000 366,551,000 484,256,000 225,420,000
Short Term Debt 141,728,000 200,801,000 236,206,000 134,488,000 182,261,000
Total Current Liabilities 660,390,000 682,315,000 679,296,000 682,719,000 462,915,000
Long Term Debt 202,035,000 223,644,000 159,216,000 127,967,000 64,320,000
Total Liabilities 872,609,000 1,156,764,000 1,294,140,000 1,460,665,000 1,170,109,000
Shareholders Equity
Retained Earnings 0 -233,093,000 -240,987,000 0 -127,623,000
Total Shareholders Equity 327,551,000 477,489,000 386,178,000 470,200,000 498,880,000
Cash Flow Statement (Quarterly) 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Activities
Net Income -264,190,000 7,894,000 -108,361,000 -29,342,000
Depreciation & Amortization 9,406,000 4,288,000 4,662,000 4,732,000
Stock Based Compensation 0 0 0 0
Change in Working Capital 36,442,000 -123,434,000 -86,599,000 -57,084,000
Operating Cash Flow 7,971,000 -98,631,000 -186,011,000 -102,171,000
Investing Activities
Capital Expenditure -10,713,000 -17,000 -439,000 -377,000
Investments -10,713,000 -17,000 -439,000 -377,000
Investing Cash Flow 65,920,000 -78,015,000 -439,000 -18,142,000
Financing Activities
Debt Repayment -154,269,000 60,678,000 -201,498,000 -240,360,000
Common Stock Issued/Repurchased 135,489,000 87,745,000 0 0
Dividends Paid 0 0 0 0
Financing Cash Flow -10,377,000 152,399,000 142,007,000 -3,711,000
Summary
Free Cash Flow -2,742,000 -98,648,000 -186,450,000 -102,548,000
Net Change in Cash 61,553,000 -24,247,000 -44,443,000 -124,024,000
Cash Flow Statement (Annual) 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Operating Activities
Net Income -264,190,000 7,894,000 -108,361,000 -29,342,000 4,227,000
Depreciation & Amortization 9,406,000 4,288,000 4,662,000 4,732,000 5,694,000
Stock Based Compensation 0 0 0 0 0
Change in Working Capital 36,442,000 -123,434,000 -86,599,000 -57,084,000 -309,186,000
Operating Cash Flow 7,971,000 -98,631,000 -186,011,000 -102,171,000 -147,087,000
Investing Activities
Capital Expenditure -10,713,000 -17,000 -439,000 -377,000 -757,000
Investments -10,713,000 -17,000 -439,000 -377,000 -448,000
Investing Cash Flow 65,920,000 -78,015,000 -439,000 -18,142,000 -12,542,000
Financing Activities
Debt Repayment -154,269,000 60,678,000 -201,498,000 -240,360,000 -282,050,000
Common Stock Issued/Repurchased 135,489,000 87,745,000 0 0 0
Dividends Paid 0 0 0 0 0
Financing Cash Flow -10,377,000 152,399,000 142,007,000 -3,711,000 97,313,000
Summary
Free Cash Flow -2,742,000 -98,648,000 -186,450,000 -102,548,000 -147,844,000
Net Change in Cash 61,553,000 -24,247,000 -44,443,000 -124,024,000 -62,316,000