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Financial statements

Huachen AI Parking Management Technology Holding Co., Ltd financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data Huachen AI Parking Management Technology Holding Co., Ltd files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2022FY2024FY2024FY2025
Revenue2134.340.914.9
Cost of revenue12.428.135.26.17
Gross profit8.586.215.720.41
Research and development0.430.460.38
General and administrative1.582.990.0821.6
Operating expenses2.23.610.0821.6
Operating income6.372.6-0.08-21.2
Interest expense0.920.82-0-0
Other non-operating income-0.86-0.580-22.1
Pre-tax income5.512.02-0.08-43.3
Income tax000.320
Income from continuing operations-0.08-43.3
Net income to minority interests1.310.20.020.33
Net income4.21.821.5-42.2
EBITDA6.593.250.58
EPS, basic0.180.070.05
EPS, diluted0.180.070.05
Shares, basic (weighted)30111.13
Shares, diluted (weighted)30111.13

Balance sheet

FY2022FY2024FY2024FY2025
Cash and equivalents2.130.500
Receivables16.919.57.07
Inventory4.391.43
Other current assets10.48.650.1
Total current assets41.234.712
Property, plant and equipment9.858.9
Lease right-of-use assets0.010.120.010.04
Intangible assets0.020.020.01
Total assets53.645.912
Accounts payable7.072.68
Short-term debt3.35
Total current liabilities21.413.46.77
Lease liabilities0.020.02
Total liabilities26.9186.79
Paid-in capital3.463.4630.2
Retained earnings15.416.9-25
Other comprehensive income-4.53-4.920.05
Shareholders' equity14.715.85.2
Minority interests1212-0
Total equity25.626.727.85.2
Total liabilities and equity53.645.912
Shares outstanding3030

Cash flow statement

FY2022FY2024FY2024FY2025
Net income5.512.021.51-41.9
Depreciation and amortization0.220.660.66
Stock-based compensation20.9
Change in receivables-8.01-4.74-4.22-6.88
Change in inventory6.06-0.012.87
Change in payables-0.042.81-4.976.48
Cash from operations-0.86-2.471.51-1.3
Capital expenditures-0.19-0.9-0
Cash from investing-0.44-0.92-0
Cash from financing2.931.95-2.390.27
Exchange rate effect-0.08-0.2-00.18
Net change in cash1.55-1.63-0.47
Free cash flow-1.06-3.371.5
Interest paid0.860.610
Income taxes paid00.320

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $0.52 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin2.7%Gross profit / revenue.
Operating margin-142.5%Operating income / revenue.
Pre-tax margin-291.0%Pre-tax income / revenue.
Net margin-283.6%Net income / revenue.
Operating cash flow margin-8.7%Cash from operations / revenue.
Return on equity (ROE)-402.1%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-146.1%Net income / average total assets.
Return on invested capital (ROIC)-159.6%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
Stock-based pay / revenue140.4%Stock-based compensation (from the cash flow statement) / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y-63.6%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y-10.8%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y-92.8%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y-63.7%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y-2,925.0%Net income vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y-186.4%Operating cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y-67.1%Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-73.8%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y12.6%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y-66.5%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.76xCurrent assets / current liabilities.
Quick ratio1.04x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.00x(Cash + short-term investments) / current liabilities.
Liabilities / assets56.6%Total liabilities / total assets.
Working capital$5.2MCurrent assets - current liabilities.
Tangible book value$5.2MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.52xRevenue / average total assets.
Receivables turnover1.12xRevenue / average receivables.
Days sales outstanding326 days365 x average receivables / revenue.

Per share

MetricValueHow it is calculated
Revenue per share$13.23Revenue / diluted weighted shares.
Operating cash flow per share-$1.16Cash from operations / diluted weighted shares.
Book value per share$4.62Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$4.62Tangible book value / shares outstanding.
Cash per share$0.00(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$605.0KShare price x shares outstanding.
Enterprise value$604.6KMarket cap + total debt - cash - short-term investments.
P/S0.04xMarket cap / revenue.
P/B0.12xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book0.12xMarket cap / tangible book value, when positive.
EV/Sales0.04xEnterprise value / revenue.
Earnings yield-6,983.0%Net income / market cap (the inverse of P/E).
What was Huachen AI Parking Management Technology Holding Co., Ltd's revenue in fiscal 2025?

Huachen AI Parking Management Technology Holding Co., Ltd reported revenue of $14.9M for fiscal 2025, 63.6% lower than the year before.

Was Huachen AI Parking Management Technology Holding Co., Ltd profitable in fiscal 2025?

No. It reported a net loss of $42.2M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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