ManpowerGroup Greater China Limited (2180.HK)

Name: ManpowerGroup Greater China Limited Financial Statements
Creator: Quarter Results

Industrials | Staffing Employment Services

Latest reporting period: 2026-04-08

Latest Quarter

2026-04-08

Revenue

$3.4B

Net Income

$62.3M

Operating Margin

2.5%

Free Cash Flow

$76.5M

Debt / Assets

46.1%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for ManpowerGroup Greater China Limited (2180.HK).
Income Statement (Quarterly)	2026-04-08	2025-06-30	2025-03-31	2024-12-31
Revenue	3,418,285,000	3,418,285,000	1,709,142,500	1,661,042,500
Cost of Revenue	3,132,445,000	3,132,445,000	1,566,222,500	1,494,891,000
Gross Profit	285,840,000	285,840,000	142,920,000	166,151,500
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	198,532,000	198,532,000	99,266,000	113,236,000
Operating Expenses	200,194,000	200,194,000	100,097,000	114,442,500
Operating Income	85,646,000	85,646,000	42,823,000	51,709,000
Interest Expense	0	0	0	0
Income Before Tax	89,993,000	89,993,000	44,996,500	55,460,500
Income Tax Expense	21,440,000	21,440,000	10,720,000	13,699,000
Net Income	62,332,000	62,332,000	31,166,000	37,728,500
Per Share
EPS	0.30	0.30	0.15	0.19
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for ManpowerGroup Greater China Limited (2180.HK).
Income Statement (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Revenue	6,270,538,000	5,303,592,000	4,588,460,000	3,968,874,000	3,222,631,000
Cost of Revenue	5,656,910,000	4,681,013,000	3,964,530,000	3,330,640,000	2,687,130,000
Gross Profit	613,628,000	622,579,000	623,930,000	638,234,000	535,501,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	436,034,000	460,771,000	469,027,000	448,634,000	373,222,000
Operating Expenses	435,334,000	460,168,000	465,970,000	448,634,000	369,852,000
Operating Income	171,343,000	159,595,000	187,370,000	189,600,000	165,649,000
Interest Expense	1,288,000	1,838,000	2,366,000	2,851,000	3,975,000
Income Before Tax	190,636,000	184,548,000	176,074,000	195,638,000	168,878,000
Income Tax Expense	42,536,000	37,956,000	40,597,000	43,150,000	34,991,000
Net Income	129,848,000	126,476,000	118,606,000	139,169,000	126,357,000
Per Share
EPS	0.64	0.62	0.57	0.67	0.61
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for ManpowerGroup Greater China Limited (2180.HK).
Balance Sheet (Quarterly)	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	752,377,000	706,434,000	744,432,000	795,349,000
Short Term Investments	177,671,000	228,705,000	183,710,000	250,076,000
Net Receivables	1,253,144,000	859,628,000	675,239,000	0
Inventory	0	0	1	0
Total Current Assets	2,247,370,000	1,827,192,000	1,650,533,000	1,731,620,000
Property Plant Equipment	45,704,000	51,460,000	70,860,000	57,937,000
Goodwill and Intangibles	129,397,000	128,004,000	131,603,000	119,293,000
Total Assets	2,552,119,000	2,137,610,000	1,930,120,000	1,989,556,000
Liabilities
Account Payables	1,029,404,000	690,783,000	13,339,000	17,456,000
Short Term Debt	15,772,000	25,280,000	25,110,000	25,715,000
Total Current Liabilities	1,128,029,000	816,129,000	723,800,000	619,400,000
Long Term Debt	19,605,000	14,567,000	30,762,000	19,255,000
Total Liabilities	1,175,271,000	857,648,000	779,073,000	659,782,000
Shareholders Equity
Retained Earnings	924,331,000	796,101,000	615,579,000	0
Total Shareholders Equity	1,253,000,000	1,170,841,000	1,055,173,000	1,254,380,000

Balance sheet annual history for ManpowerGroup Greater China Limited (2180.HK).
Balance Sheet (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Assets
Cash and Cash Equivalents	752,377,000	706,434,000	744,432,000	795,349,000	677,908,000
Short Term Investments	177,671,000	228,705,000	183,710,000	250,076,000	381,762,000
Net Receivables	1,253,144,000	859,628,000	675,239,000	0	0
Inventory	0	0	1	0	0
Total Current Assets	2,247,370,000	1,827,192,000	1,650,533,000	1,731,620,000	1,585,754,000
Property Plant Equipment	45,704,000	51,460,000	70,860,000	57,937,000	78,365,000
Goodwill and Intangibles	129,397,000	128,004,000	131,603,000	119,293,000	111,348,000
Total Assets	2,552,119,000	2,137,610,000	1,930,120,000	1,989,556,000	1,860,502,000
Liabilities
Account Payables	1,029,404,000	690,783,000	13,339,000	17,456,000	13,802,000
Short Term Debt	15,772,000	25,280,000	25,110,000	25,715,000	28,663,000
Total Current Liabilities	1,128,029,000	816,129,000	723,800,000	619,400,000	551,339,000
Long Term Debt	19,605,000	14,567,000	30,762,000	19,255,000	36,279,000
Total Liabilities	1,175,271,000	857,648,000	779,073,000	659,782,000	604,097,000
Shareholders Equity
Retained Earnings	924,331,000	796,101,000	615,579,000	0	0
Total Shareholders Equity	1,253,000,000	1,170,841,000	1,055,173,000	1,254,380,000	1,191,192,000

Cash flow quarterly history for ManpowerGroup Greater China Limited (2180.HK).
Cash Flow Statement (Quarterly)	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	129,848,000	184,548,000	176,074,000	139,169,000
Depreciation & Amortization	36,209,000	40,575,000	43,282,000	38,363,000
Stock Based Compensation	9,412,000	7,694,000	10,423,000	6,517,000
Change in Working Capital	-428,485,000	-94,441,000	88,811,000	-114,268,000
Operating Cash Flow	79,881,000	82,256,000	266,239,000	99,832,000
Investing Activities
Capital Expenditure	-3,392,000	-11,122,000	-14,808,000	-5,750,000
Investments	-3,392,000	-3,331,000	-14,808,000	-5,750,000
Investing Cash Flow	60,746,000	-63,523,000	75,221,000	126,407,000
Financing Activities
Debt Repayment	-26,350,000	-28,331,000	-35,446,000	0
Common Stock Issued/Repurchased	-2,571,000	0	-59,450,000	-6,792,000
Dividends Paid	-58,101,000	-22,826,000	-346,184,000	-56,035,000
Financing Cash Flow	-92,361,000	-61,702,000	-417,309,000	-97,833,000
Summary
Free Cash Flow	76,489,000	71,134,000	251,431,000	94,082,000
Net Change in Cash	45,943,000	-37,998,000	-50,917,000	117,441,000

Cash flow annual history for ManpowerGroup Greater China Limited (2180.HK).
Cash Flow Statement (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Operating Activities
Net Income	129,848,000	184,548,000	176,074,000	139,169,000	126,357,000
Depreciation & Amortization	36,209,000	40,575,000	43,282,000	38,363,000	39,676,000
Stock Based Compensation	9,412,000	7,694,000	10,423,000	6,517,000	2,117,000
Change in Working Capital	-428,485,000	-94,441,000	88,811,000	-114,268,000	97,484,000
Operating Cash Flow	79,881,000	82,256,000	266,239,000	99,832,000	272,550,000
Investing Activities
Capital Expenditure	-3,392,000	-11,122,000	-14,808,000	-5,750,000	-5,024,000
Investments	-3,392,000	-3,331,000	-14,808,000	-5,750,000	-5,024,000
Investing Cash Flow	60,746,000	-63,523,000	75,221,000	126,407,000	-281,275,000
Financing Activities
Debt Repayment	-26,350,000	-28,331,000	-35,446,000	0	0
Common Stock Issued/Repurchased	-2,571,000	0	-59,450,000	-6,792,000	0
Dividends Paid	-58,101,000	-22,826,000	-346,184,000	-56,035,000	-51,184,000
Financing Cash Flow	-92,361,000	-61,702,000	-417,309,000	-97,833,000	-90,143,000
Summary
Free Cash Flow	76,489,000	71,134,000	251,431,000	94,082,000	267,526,000
Net Change in Cash	45,943,000	-37,998,000	-50,917,000	117,441,000	-129,059,000