Hallenstein Glasson Holdings Limited (NZX:HLG) Annual Report 2022



The latest annual report of Hallenstein Glasson Holdings Limited (HLG) was published on 01 Aug 2022. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - HLG Annual Results

Amounts in NZD

Total Revenue
351.21M
Gross Profit
202.26M
EBIT
37.05M
Net Tangible Assets
89.85M
Net Income
25.61M
Capital Expenditures
-8.28M

HLG Income Statement 2022 Annual Report

As per the latest Income Statement of HLG, the Net revenue increased by $455000 (0%) compared to the previous period. The operating income in 2022 decreased by $-12.00M (-24%). The net income as per the annual report was 25.61M which decreased by $-7.71M (-23%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue351.21M350.76M
Gross Profit202.26M201.21M
Operating Income37.05M49.06M
Income Before Tax35.09M46.95M
Net Income25.61M33.32M

Balance Sheet - HLG 2022 Annual Report

Read further: HLG Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Hallenstein Glasson Holdings Limited showed the company reduced the cash on balance sheet by $-4.09M (-10%). The Net tangible assets of HLG on the balance sheet were at 89.85M which is $1.26M (1%) more than previous annual report. The total stockholder equity also increased by $1.30M (1%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash35.11M39.2M
Total Assets205.19M 199.48M
Long Term Debt--
Total Liabilities114.74M 110.33M
Total Shareholder Equity90.45M89.15M
Net Tangible Assets89.85M88.59M

Cash Flow Statement - HLG 2022 Annual Report

The 2022 annual cash flow statement of Hallenstein Glasson Holdings Limited showed that the net income decreased by $-7.71M (-23%) compared to previous reporting period. Also the capital expenditure of HLG decreased by $-391000 (-5%).

As of 2022, the total cash from investing activities was -8.17M and total cash from financing activities was -48.41M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income25.61M33.32M
Capital Expenditures-8.28M-7.89M
Dividends Paid-25.05M-36.98M
Total Cash From From Investing Activities-8.17M-7.59M
Total Cash From From Financing Activities-48.41M-64.28M

Hallenstein Glasson Holdings Limited Annual Report History

Income Statement

Income Statement history of Hallenstein Glasson Holdings Limited (NZX:HLG)

01 Aug 202201 Aug 202101 Aug 202001 Aug 2019
Total Revenue351.21M350.76M287.76M287.55M
Cost Of Revenue148.95M149.55M118.51M115M
Gross Profit202.26M201.21M169.25M172.55M
Research Development----
Selling General Administrative165.65M152.41M131.57M135.53M
Non Recurring----
Other Operating Expenses-439k-260k-229k-802k
Total Operating Expenses314.16M301.7M249.86M249.72M
Operating Income37.05M49.06M37.91M37.83M
Total Other Income Expense Net-1.97M-2.11M-1.18M1.62M
Ebit37.05M49.06M37.91M37.83M
Interest Expense-2.15M-2.43M-2.57M-2.57M
Income Before Tax35.09M46.95M36.73M39.44M
Income Tax Expense9.48M13.63M8.96M10.42M
Minority Interest----
Net Income From Continuing Ops25.61M33.32M27.77M29.02M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income25.61M33.32M27.77M29.02M
Net Income Applicable To Common Shares25.61M33.32M27.77M29.02M

Balance Sheet Statement

Balance Sheet Statement history of Hallenstein Glasson Holdings Limited (NZX:HLG)

01 Aug 202201 Aug 202101 Aug 202001 Aug 2019
Cash35.11M39.2M49.64M16.51M
Net Receivables1.04M239k2.34M1.65M
Inventory33.44M27.81M24.64M24.01M
Other Current Assets1.43M1.01M310k1.91M
Total Current Assets76.3M69.82M77.97M48.61M
Property Plant Equipment117.56M119.25M122.59M49.54M
Intangible Assets601k566k420k439k
Other Assets10.74M9.85M10.45M5.99M
Deferred Long Term Asset Charges7.36M6.47M7.23M3.02M
Total Assets205.19M199.48M211.42M104.58M
Accounts Payable13.29M8.83M12.77M6.8M
Other Current Liab16.79M17.74M20.3M18.01M
Total Current Liabilities61.99M56.68M65.69M29.58M
Total Liab114.74M110.33M124.32M29.58M
Common Stock27.8M29.28M29.28M29.28M
Retained Earnings36.89M36.34M39.93M26.45M
Treasury Stock25.75M23.53M17.89M19.27M
Other Stockholder Equity25.75M25.45M18.11M19.57M
Total Stockholder Equity90.45M89.15M87.1M75M
Net Tangible Assets89.85M88.59M86.68M74.56M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of Hallenstein Glasson Holdings Limited (NZX:HLG)

01 Aug 202201 Aug 202101 Aug 202001 Aug 2019
Net Income25.61M33.32M27.77M29.02M
Depreciation34.14M34.87M31.46M8.16M
Change To Netincome-543k-808k-4.16M-2.09M
Change To Account Receivables-3.94M1.58M2.8M-2.13M
Change To Liabilities8.04M-5.82M14.25M4.61M
Change To Inventory-5.63M-3.17M-626k-3.05M
Total Cash From Operating Activities52.49M61.43M71.31M35.99M
Capital Expenditures-8.28M-7.89M-11.84M-20.22M
Other Cashflows From Investing Activities49k189k139k266k
Total Cashflows From Investing Activities-8.17M-7.59M-6.9M-12.14M
Dividends Paid-25.05M-36.98M-14.32M-26.25M
Net Borrowings-23.76M-25.41M-16.99M-16.99M
Total Cash From Financing Activities-48.41M-64.28M-31.28M-24.8M
Change In Cash-4.09M-10.44M33.14M-947k
Issuance Of Stock407k74k27k1.29M