Loading...
Definitive Analysis

Financial Statements

Periods / Units / Analysis

Ticker

Industry

Sector

Page: Company Financials

BaTelab Co Ltd

Ticker: 2149.HK | Industry: Semiconductors | Sector: Technology
$44.58 -0.82 (-1.81%)
As of: 2026-01-27

Master Data Export


Enterprise Value

Metric 2024 2023 2022
Stock Price 24.08 21.83 19.71
Market Capitalization 1,444.36M 1,309.50M 1,182.49M
(-) Cash & Equivalents 559.66M 431.20M 91.23M
(+) Total Debt 287.60M 285.13M 94.98M
Enterprise Value 1,172.30M 1,163.43M 1,186.25M

Income Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Revenue 1,130M 0.00M 579M 464M 410M 213M 89M
Cost of Revenue 528M 0.00M 272M 207M 178M 112M 45M
Gross Profit 602M 0.00M 307M 257M 232M 101M 44M
Gross Profit Margin 53.3% 0.0% 53.0% 55.4% 56.5% 47.5% 49.4%
R&D Expenses 247M 0.00M 129M 119M 85M 48M 28M
SG&A Expenses 77M 0.00M 39M 33M 26M 5M 1M
Operating Expenses 280M 0.00M 133M 144M 101M 59M 31M
Operating Income (EBIT) 322M 0.00M 174M 113M 131M 42M 13M
Operating Income Margin 28.5% 0.0% 30.1% 24.5% 31.9% 19.7% 14.7%
Interest Income 3M 0.00M 14M 2M 0M 0M 0M
Interest Expense 0M 0.00M 8M 4M 2M 4M 4M
Net Interest Income 3M 0.00M 6M -3M -1M -4M -4M
Unusual Items -18M 0.00M -14M -2M -33M 19M 5M
EBT Excluding Unusual Items 325M 0.00M 180M 111M 130M 38M 9M
Pre-Tax Income 306M 0.00M 166M 109M 97M 57M 14M
Pre-Tax Margin 27.1% 0.0% 28.7% 23.5% 23.6% 26.8% 15.8%
Income Tax Expense -3M 0.00M -1M 0M 2M 0M 0M
Net Income 307M 0.00M 167M 109M 95M 57M 14M
Net Income Margin 27.2% 0.0% 28.8% 23.5% 23.2% 26.8% 15.8%
Depreciation & Amortization 10M 0.00M 5M 6M 1M 1M 1M
EBITDA 332M 0.00M 179M 119M 132M 43M 14M
EBITDA Margin 29.4% 0.0% 30.9% 25.7% 32.2% 20.0% 15.4%
NOPAT 325M 0.00M 175M 113M 129M 42M 13M
NOPAT Margin 28.7% 0.0% 30.2% 24.5% 31.4% 19.7% 14.7%
Owner's Earnings 245M 0.00M 138M 71M 75M 14M 8M
Owner's Earnings Margin 21.7% 0.0% 23.8% 15.3% 18.2% 6.6% 9.1%
EPS (Basic) 5.12 0.00 2.78 2.42 1.59 0.95 0.23
EPS (Diluted) 5.10 0.00 2.78 2.42 1.59 0.95 0.23
Shares (Basic) 60M 0.00M 60M 45M 60M 60M 60M
Shares (Diluted) 60M 0.00M 60M 45M 60M 60M 60M

Balance Sheet

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Cash & Cash Equivalents 636.44M 636.02M 636.02M 550.84M 182.45M 179.55M 15.93M
Short-Term Investments 0.00M 0.00M 0.00M 0.00M -19.95M -32.77M 51.56M
Cash & Short-Term Investments 636.44M 636.02M 636.02M 550.84M 162.51M 146.78M 67.49M
Net Receivables 72.10M 51.50M 51.50M 63.39M 67.10M 27.83M 18.04M
Inventory 381.59M 315.40M 315.40M 218.13M 76.32M 56.47M 44.43M
Other Current Assets 60.17M 51.76M 51.76M 333.96M 21.15M 3.92M 2.93M
Total Current Assets 1,150.29M 1,054.68M 1,054.68M 1,166.32M 327.07M 235.00M 132.90M
Property, Plant & Equipment 97.96M 66.15M 66.15M 104.23M 73.38M 54.87M 7.74M
Goodwill 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Intangible Assets 0.58M 0.62M 0.62M 0.37M 0.25M 0.28M 0.00M
Long-Term Investments 30.00M 30.00M 30.00M 0.00M 0.00M 0.00M 0.00M
Tax Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Assets 0.00M 61.07M 61.07M 0.00M 0.03M 0.06M 0.00M
Other Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 128.53M 157.84M 157.84M 104.61M 73.67M 55.21M 7.74M
Total Assets 1,278.82M 1,212.52M 1,212.52M 1,270.93M 400.74M 290.21M 140.64M
Accounts Payable 247.55M 216.56M 216.56M 218.23M 68.84M 2.09M 0.85M
Short-Term Debt 362.14M 320.17M 320.17M 171.60M 95.51M 30.51M 20.03M
Tax Payables 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 11.93M 7.94M 0.39M
Other Current Liabilities 1.28M 40.14M 40.14M 7.54M 15.27M -1.45M 10.26M
Total Current Liabilities 610.97M 576.87M 576.87M 397.37M 191.56M 39.08M 31.53M
Long-Term Debt 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Capital Lease Obligations 2.32M 5.05M 5.05M 11.03M 3.30M 5.09M 0.27M
Deferred Tax Liabilities 0.92M 0.00M 0.00M 1.56M 0.00M 0.00M 0.00M
Other Non-Current Liabilities 0.00M 0.92M 0.92M 0.00M 1.56M 0.00M 106.05M
Total Non-Current Liabilities 3.24M 5.97M 5.97M 12.60M 4.87M 5.09M 106.32M
Total Liabilities 614.21M 582.84M 582.84M 409.97M 196.43M 44.17M 137.85M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 63.00M 60.00M 60.00M 60.00M 45.00M 45.00M 8.47M
Retained Earnings 451.34M 374.19M 374.19M 212.42M 114.17M 28.44M 0.00M
Accumulated OCI 0.00M 40.17M 40.17M 35.16M 14.26M 4.73M 25.34M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 514.34M 474.36M 474.36M 307.58M 173.43M 78.17M 33.81M
Total Equity 514.34M 474.36M 474.36M 307.58M 173.43M 78.17M 33.81M
Total Liabilities & Equity 1,128.55M 1,057.20M 1,057.20M 717.55M 369.86M 122.33M 171.65M
Tangible Assets 1,278.25M 1,211.90M 1,211.90M 1,270.55M 400.48M 289.93M 140.64M
Tangible Equity 513.76M 473.74M 473.74M 307.21M 173.17M 77.88M 33.81M
Tangible Book Value 513.76M 473.74M 473.74M 307.21M 173.17M 77.88M 33.81M
Total Investments 30.00M 30.00M 30.00M 0.00M 23.75M 0.00M 64.09M
Net Debt -274.30M -315.85M -315.85M -379.24M -86.94M -149.04M 4.10M

Capital Metrics

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Working Capital 1,063.0M 849.1M 849.1M 739.6M 334.7M 259.6M 133.3M
Total Capital 1,554.5M 1,330.2M 1,330.2M 1,020.9M 497.9M 337.5M 54.1M
Capital Employed 1,191.5M 1,007.0M 1,007.0M 844.2M 473.4M 384.2M 171.7M
Invested Capital 918.1M 694.2M 694.2M 470.0M 315.5M 157.9M 38.2M

Cash Flow Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Net Income 306.94M 0.00M 166.60M 109.16M 96.82M 56.97M 14.00M
Depreciation & Amortization 11.60M 0.00M 8.47M 5.59M 3.42M 2.68M 1.34M
Deferred Income Tax 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Stock-Based Compensation 1.00M 0.00M 0.17M 10.00M 0.00M 0.00M 0.00M
Change in Working Capital -269.77M 0.00M -199.47M -97.68M -131.09M -64.36M -60.99M
Accounts Receivable -3.31M 0.00M 17.67M -3.89M -44.03M -10.66M -0.96M
Inventory -184.78M 0.00M -97.27M -156.71M -23.07M -14.52M -35.40M
Accounts Payable 0.00M 0.00M 0.00M 167.78M 86.87M 13.47M 1.18M
Other Working Capital -81.68M 0.00M -119.87M -104.87M -147.60M -52.65M -32.17M
Other Non-Cash Items -56.08M 0.00M 37.79M 3.21M -0.57M 13.51M 4.16M
Net Cash from Operating Activities -6.32M 0.00M 13.56M 30.28M -31.42M 8.81M -41.49M
Capital Expenditures (PPE) -71.45M 0.00M -33.90M -43.49M -21.77M -43.65M -6.50M
Acquisitions (Net) 0.00M 0.00M 0.00M 0.00M 0.00M 30.37M 50.05M
Purchases of Investments 0.00M 0.00M 0.00M -30.00M -538.06M -61.48M -132.06M
Sales / Maturities of Investments 0.00M 0.00M 0.00M 30.24M 540.08M 128.07M 71.78M
Other Investing Activities -28.93M 0.00M -30.05M 1.56M 4.27M -33.71M -32.16M
Net Cash from Investing Activities -100.38M 0.00M -63.95M -41.70M -15.48M 19.60M -48.89M
Net Debt Issuance 0.00M 0.00M 148.28M 76.03M 64.93M 10.48M -1.63M
Long-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Short-Term Debt Issuance 0.00M 0.00M 148.28M 76.03M 64.93M 10.48M -1.63M
Net Stock Issuance 0.00M 0.00M -6.54M 329.66M 0.00M 25.20M 44.54M
Common Stock Issuance 0.00M 0.00M 0.00M 329.66M 0.00M 25.20M 44.54M
Common Stock Repurchased 0.00M 0.00M -6.54M 0.00M 0.00M 0.00M 0.00M
Preferred Stock Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities 527.21M 0.00M -14.18M -5.01M -2.31M 69.26M 48.15M
Net Cash from Financing Activities 527.21M 0.00M 127.56M 400.68M 62.63M 104.94M 91.07M
Effect of FX on Cash 7.08M 0.00M 8.01M -0.92M 0.00M 0.00M 0.00M
Net Change in Cash 137.44M 0.00M 85.18M 388.33M 15.73M 133.34M 0.69M
Cash at Beginning of Period 824.17M 0.00M 550.84M 162.51M 179.55M 15.93M 12.75M
Cash at End of Period 345.74M 0.00M 636.02M 550.84M 182.45M 179.55M 15.93M
Operating Cash Flow -6.32M 0.00M 13.56M 30.28M -12.91M 10.03M -47.71M
Capital Expenditure -71.45M 0.00M -33.90M -43.68M -21.77M -43.65M -6.50M
Free Cash Flow -77.76M 0.00M -20.34M -13.41M -34.68M -33.62M -54.21M

Free Cash Flow

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
EBITDA 287.54M 0.00M 144.17M 110.93M 122.30M 49.30M 14.72M
(-) Tax Adjustment 0.00M 0.00M 0.00M 0.00M 1.97M 0.00M 0.00M
(-) Change In Working Capital -269.77M 0.00M -199.47M -97.68M -131.09M -64.36M -60.99M
(-) Capital Expenditure -71.45M 0.00M -33.90M -43.68M -21.77M -43.65M -6.50M
Unlevered Free Cash Flow 485.87M 0.00M 309.74M 164.92M 229.64M 70.01M 69.21M
(-) Net Interest Income After Taxes 2.68M 0.00M 6.04M -2.52M -1.14M -3.71M -3.73M
Net Debt Issuance 0.00M 0.00M 148.28M 76.03M 64.93M 10.48M -1.63M
Levered Free Cash Flow 483.19M 0.00M 451.98M 243.47M 295.72M 84.20M 71.31M