TCL Electronics Holdings (TCLHF) Financial Statements
Price: $1
Market Cap: $2.52B
Avg Volume: 1.65K
Market Cap: $2.52B
Avg Volume: 1.65K
Country: HK
Industry: Consumer Electronics
Sector: Technology
Industry: Consumer Electronics
Sector: Technology
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of TCL Electronics Holdings.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $78.99B | $71.35B | $74.85B | $50.95B | $46.99B | $45.58B | $40.82B | $33.36B | $34.02B | $33.53B |
| Cost of Revenue | $64.23B | $58.24B | $62.31B | $41.29B | $38.82B | $38.63B | $34.52B | $27.55B | $28.26B | $28.02B |
| Gross Profit | $14.76B | $13.11B | $12.53B | $9.66B | $8.17B | $6.95B | $6.30B | $5.82B | $5.75B | $5.50B |
| Gross Profit Ratio | 18.68% | 18.38% | 16.75% | 18.96% | 17.39% | 15.25% | 15.44% | 17.43% | 16.91% | 16.41% |
| Research and Development Expenses | $2.33B | $2.53B | $2.48B | $1.63B | $987.15M | $722.29M | $632.40M | $638.16M | $551.63M | $423.09M |
| General and Administrative Expenses | $4.01B | $4.43B | $4.22B | $2.29B | $1.53B | $1.30B | $1.28B | $1.13B | $1.36B | $973.75M |
| Selling and Marketing Expenses | $7.90B | $7.40B | $7.04B | $5.62B | $4.94B | $4.48B | $4.06B | $3.93B | $4.03B | $4.11B |
| Selling General and Administrative Expenses | $11.91B | $11.83B | $11.27B | $7.91B | $6.46B | $5.78B | $5.34B | $5.06B | $5.39B | $5.08B |
| Other Expenses | $-303.08M | $223.36M | $252.13M | $199.99M | $80.55M | $114.33M | $820.55M | $356.21M | $545.85M | $682.30M |
| Operating Expenses | $13.94B | $14.08B | $13.11B | $9.00B | $7.23B | $6.26B | $6.07B | $5.88B | $6.01B | $5.56B |
| Cost and Expenses | $78.17B | $72.32B | $75.42B | $50.30B | $46.05B | $44.89B | $40.59B | $33.42B | $34.28B | $33.59B |
| Interest Income | $794.17M | $631.00M | $404.48M | $276.88M | $121.85M | $62.30M | $30.72M | $- | $- | $- |
| Interest Expense | $885.50M | $668.67M | $400.86M | $243.77M | $138.16M | $97.73M | $229.18M | $93.10M | $185.69M | $196.00M |
| Depreciation and Amortization | $1.17B | $1.25B | $1.11B | $497.69M | $273.98M | $212.88M | $222.54M | $236.52M | $255.42M | $294.05M |
| EBITDA | $3.20B | $2.75B | $1.36B | $1.76B | $2.44B | $1.29B | $1.39B | $537.48M | $478.29M | $883.50M |
| EBITDA Ratio | 4.06% | 3.85% | 1.81% | 3.45% | 5.18% | 2.84% | 3.40% | 1.61% | 1.41% | 2.64% |
| Operating Income | $819.24M | $1.32B | $227.28M | $1.24B | $2.06B | $1.08B | $1.16B | $294.31M | $222.87M | $589.46M |
| Operating Income Ratio | 1.04% | 1.85% | 0.30% | 2.44% | 4.39% | 2.36% | 2.85% | 0.88% | 0.66% | 1.76% |
| Total Other Income Expenses Net | $328.94M | $2.17B | $-350.30M | $-216.14M | $462.92M | $86.00M | $-229.18M | $239.59M | $298.36M | $454.40M |
| Income Before Tax | $1.15B | $835.53M | $1.45B | $2.08B | $2.52B | $1.16B | $933.16M | $201.21M | $37.18M | $393.46M |
| Income Before Tax Ratio | 1.45% | 1.17% | 1.93% | 4.08% | 5.37% | 2.55% | 2.29% | 0.60% | 0.11% | 1.17% |
| Income Tax Expense | $321.38M | $281.60M | $168.48M | $185.94M | $199.29M | $226.78M | $136.30M | $24.43M | $27.04M | $147.13M |
| Net Income | $743.63M | $446.98M | $1.18B | $3.60B | $2.28B | $1.04B | $814.64M | $182.76M | $25.81M | $234.50M |
| Net Income Ratio | 0.94% | 0.63% | 1.58% | 7.06% | 4.86% | 2.28% | 2.00% | 0.55% | 0.08% | 0.70% |
| EPS | $0.31 | $0.19 | $0.49 | $0.84 | $0.88 | $0.47 | $0.47 | $0.11 | $0.02 | $0.17 |
| EPS Diluted | $0.30 | $0.18 | $0.48 | $0.83 | $0.87 | $0.46 | $0.47 | $0.11 | $0.02 | $0.17 |
| Weighted Average Shares Outstanding | 2.43B | 2.41B | 2.40B | 2.33B | 2.28B | 2.22B | 1.72B | 1.60B | 1.36B | 1.35B |
| Weighted Average Shares Outstanding Diluted | 2.48B | 2.50B | 2.49B | 2.36B | 2.32B | 2.27B | 1.75B | 1.66B | 1.39B | 1.36B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $10.74B | $9.39B | $11.51B | $10.38B | $8.19B | $6.74B | $5.91B | $3.88B | $2.21B | $3.38B |
| Short Term Investments | $943.10M | $3.49B | $3.24B | $1.08B | $961.58M | $-135.14M | $4.69B | $2.31B | $1.22B | $- |
| Cash and Short Term Investments | $11.68B | $12.88B | $14.75B | $11.47B | $9.16B | $6.74B | $5.91B | $3.88B | $2.21B | $3.38B |
| Net Receivables | $19.15B | $13.15B | $13.60B | $13.68B | $10.16B | $7.24B | $10.26B | $7.94B | $8.26B | $8.52B |
| Inventory | $12.21B | $9.84B | $13.56B | $10.03B | $5.40B | $6.98B | $5.06B | $4.35B | $3.28B | $4.05B |
| Other Current Assets | $10.47B | $9.91B | $7.85B | $6.42B | $2.93B | $3.10B | $1.48B | $1.29B | $1.44B | $2.16B |
| Total Current Assets | $53.51B | $43.56B | $47.85B | $41.60B | $27.65B | $23.97B | $22.71B | $17.46B | $15.20B | $18.12B |
| Property Plant Equipment Net | $3.23B | $3.73B | $4.14B | $3.60B | $1.82B | $1.50B | $1.80B | $1.94B | $2.19B | $2.51B |
| Goodwill | $3.19B | $3.20B | $3.32B | $3.30B | $1.87B | $781.96M | $119.64M | $134.93M | $134.93M | $134.93M |
| Intangible Assets | $1.07B | $1.21B | $1.31B | $1.31B | $156.17M | $111.10M | $129.00K | $1.09M | $1.43M | $1.95M |
| Goodwill and Intangible Assets | $4.26B | $4.40B | $4.63B | $4.62B | $2.02B | $893.06M | $119.77M | $136.03M | $136.36M | $136.88M |
| Long Term Investments | $1.68B | $-1.62B | $-1.42B | $451.70M | $612.29M | $1.70B | $1.36B | $734.39M | $623.71M | $676.64M |
| Tax Assets | $- | $426.15M | $336.79M | $271.55M | $85.58M | $101.74M | $72.59M | $34.73M | $25.84M | $38.09M |
| Other Non-Current Assets | $2.09B | $4.60B | $3.99B | $1.80B | $1.14B | $38.95M | $- | $- | $- | $- |
| Total Non-Current Assets | $11.26B | $11.54B | $11.68B | $10.74B | $5.68B | $4.23B | $3.35B | $2.85B | $2.98B | $3.36B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $64.78B | $55.11B | $59.53B | $52.34B | $33.32B | $28.20B | $26.06B | $20.31B | $18.18B | $21.48B |
| Account Payables | $24.01B | $18.95B | $19.43B | $17.47B | $12.08B | $11.42B | $10.06B | $8.38B | $7.20B | $8.46B |
| Short Term Debt | $5.09B | $4.59B | $6.53B | $4.68B | $1.73B | $663.64M | $2.91B | $1.35B | $1.46B | $2.25B |
| Tax Payables | $183.29M | $175.72M | $116.23M | $142.87M | $134.71M | $56.42M | $136.60M | $61.70M | $129.47M | $180.49M |
| Deferred Revenue | $- | $1.35B | $2.17B | $1.10B | $472.52M | $430.35M | $- | $- | $- | $- |
| Other Current Liabilities | $16.26B | $11.48B | $11.71B | $10.57B | $6.74B | $5.33B | $5.23B | $3.94B | $3.82B | $5.02B |
| Total Current Liabilities | $45.54B | $36.54B | $39.94B | $33.96B | $21.16B | $18.33B | $18.33B | $13.73B | $12.60B | $15.92B |
| Long Term Debt | $1.13B | $1.29B | $812.51M | $1.11B | $148.91M | $20.54M | $21.54M | $- | $10.14M | $925.03M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $-15.25M | $-18.69M | $- | $-34.73M |
| Deferred Tax Liabilities Non-Current | $- | $327.88M | $341.85M | $355.19M | $46.84M | $44.47M | $15.25M | $18.69M | $28.14M | $34.73M |
| Other Non-Current Liabilities | $802.46M | $76.90M | $408.14M | $528.25M | $80.99M | $72.20M | $- | $1.70M | $1.13B | $34.73M |
| Total Non-Current Liabilities | $1.93B | $1.69B | $1.22B | $1.64B | $229.90M | $92.74M | $36.78M | $20.39M | $1.16B | $959.76M |
| Other Liabilities | $1 | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $47.47B | $38.23B | $41.16B | $35.60B | $21.39B | $18.42B | $18.37B | $13.75B | $13.77B | $16.88B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $443.44M |
| Common Stock | $2.51B | $2.50B | $2.48B | $2.45B | $2.36B | $2.34B | $1.75B | $1.74B | $1.39B | $1.33B |
| Retained Earnings | $10.34B | $8.59B | $8.18B | $6.98B | $3.36B | $1.09B | $67.84M | $-752.87M | $-906.97M | $-881.16M |
| Accumulated Other Comprehensive Income Loss | $-356.42M | $1.08B | $2.64B | $1.86B | $945.14M | $963.20M | $1.20B | $835.56M | $1.11B | $437.72M |
| Other Total Stockholders Equity | $4.21B | $5.37B | $4.91B | $5.06B | $5.14B | $5.39B | $3.70B | $3.72B | $3.82B | $2.75B |
| Total Stockholders Equity | $16.71B | $16.46B | $17.96B | $16.16B | $11.58B | $9.78B | $7.63B | $6.45B | $4.30B | $4.47B |
| Total Equity | $17.31B | $16.88B | $18.37B | $16.73B | $11.94B | $9.78B | $7.70B | $6.56B | $4.41B | $4.61B |
| Total Liabilities and Stockholders Equity | $64.78B | $55.11B | $59.53B | $52.34B | $33.32B | $28.20B | $26.06B | $20.31B | $18.18B | $21.48B |
| Minority Interest | $598.43M | $417.43M | $414.80M | $570.69M | $356.78M | $244.00K | $67.79M | $103.90M | $112.14M | $137.05M |
| Total Liabilities and Total Equity | $64.78B | $55.11B | $59.53B | $52.34B | $33.32B | $28.20B | $26.06B | $20.31B | $18.18B | $21.48B |
| Total Investments | $3.17B | $1.87B | $1.82B | $1.53B | $1.57B | $1.56B | $1.23B | $734.39M | $623.71M | $676.64M |
| Total Debt | $6.22B | $5.87B | $7.34B | $5.79B | $1.88B | $1.11B | $2.93B | $1.36B | $1.47B | $3.18B |
| Net Debt | $-4.52B | $-3.52B | $-4.17B | $-4.59B | $-6.32B | $-5.63B | $-2.98B | $-2.53B | $-749.42M | $-203.77M |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $1.15B | $835.53M | $1.45B | $3.86B | $2.52B | $1.16B | $933.16M | $201.21M | $37.18M | $393.46M |
| Depreciation and Amortization | $1.17B | $1.24B | $1.13B | $513.88M | $306.76M | $218.86M | $225.98M | $240.03M | $255.42M | $294.05M |
| Deferred Income Tax | $- | $-783.91M | $-1.58B | $-2.91B | $-1.51B | $-707.03M | $-450.34M | $-210.90M | $-300.87M | $-444.60M |
| Stock Based Compensation | $83.64M | $147.72M | $173.61M | $111.63M | $68.67M | $146.74M | $62.95M | $158.06M | $96.27M | $301.00K |
| Change in Working Capital | $-57.65M | $-124.00M | $-375.74M | $979.56M | $809.70M | $1.22B | $-224.55M | $633.64M | $87.40M | $-1.11B |
| Accounts Receivables | $-5.88B | $-23.59M | $156.40M | $-2.10B | $-2.64B | $2.97B | $-1.98B | $113.08M | $401.82M | $-371.76M |
| Inventory | $-2.33B | $3.26B | $-3.62B | $-2.96B | $1.46B | $-1.99B | $-434.79M | $-1.26B | $546.54M | $1.04B |
| Accounts Payables | $5.52B | $660.46M | $1.63B | $6.14B | $-575.58M | $-160.55M | $2.05B | $2.06B | $987.69M | $- |
| Other Working Capital | $2.64B | $-4.02B | $1.46B | $-104.32M | $2.57B | $3.21B | $210.25M | $1.89B | $-459.14M | $-2.15B |
| Other Non Cash Items | $-741.11M | $46.43M | $-2.57M | $-24.68M | $16.30M | $35.43M | $-251.89M | $-135.65M | $-164.20M | $-316.28M |
| Net Cash Provided by Operating Activities | $1.60B | $1.37B | $795.53M | $2.53B | $2.22B | $2.07B | $745.66M | $1.10B | $312.07M | $-740.03M |
| Investments in Property Plant and Equipment | $-209.13M | $-959.10M | $-1.37B | $-904.55M | $-459.25M | $-166.61M | $-157.72M | $-168.33M | $-142.37M | $-319.38M |
| Acquisitions Net | $305.24M | $-63.62M | $921.16M | $493.59M | $380.33M | $-862.52M | $-133.85M | $-115.30M | $153.03M | $-160.28M |
| Purchases of Investments | $- | $-22.01M | $-915.14M | $-25.65M | $-909.26M | $-3.38M | $-133.85M | $-171.43M | $-38.50M | $-105.31M |
| Sales Maturities of Investments | $339.11M | $22.94M | $932.80M | $1.26B | $2.94M | $10.07M | $- | $- | $- | $255.64M |
| Other Investing Activities | $-413.60M | $250.21M | $-389.25M | $-1.00B | $179.15M | $474.29M | $60.57M | $130.14M | $192.25M | $52.34M |
| Net Cash Used for Investing Activities | $21.61M | $-771.57M | $-822.24M | $-177.78M | $-806.09M | $-548.15M | $-231.00M | $-153.49M | $202.91M | $-532.62M |
| Debt Repayment | $289.08M | $-1.50B | $1.36B | $-564.14M | $647.88M | $-1.81B | $1.53B | $-1.29B | $-1.48B | $1.61B |
| Common Stock Issued | $214.00K | $-36.49M | $22.50M | $343.73M | $85.88M | $1.97B | $37.52M | $2.12B | $29.68M | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $-318.46M | $-416.74M | $-277.24M | $-474.58M | $-455.49M | $-561.27M | $-51.44M | $- | $-70.11M | $- |
| Other Financing Activities | $-217.14M | $-286.69M | $21.23M | $-158.83M | $-109.06M | $-91.30M | $-185.13M | $-5.41M | $-1.46M | $20.57M |
| Net Cash Used Provided by Financing Activities | $-246.31M | $-2.24B | $1.13B | $-853.82M | $169.21M | $-490.04M | $1.33B | $820.77M | $-1.52B | $1.61B |
| Effect of Forex Changes on Cash | $-32.69M | $-475.34M | $25.68M | $694.48M | $-127.98M | $-202.76M | $182.04M | $-97.14M | $-158.17M | $-7.84M |
| Net Change in Cash | $1.35B | $-2.12B | $1.12B | $2.19B | $1.45B | $831.74M | $2.03B | $1.67B | $-1.16B | $331.85M |
| Cash at End of Period | $10.74B | $9.39B | $11.51B | $10.38B | $8.19B | $6.74B | $5.91B | $3.88B | $2.21B | $3.38B |
| Cash at Beginning of Period | $9.39B | $11.51B | $10.38B | $8.19B | $6.74B | $5.91B | $3.88B | $2.21B | $3.38B | $3.05B |
| Operating Cash Flow | $1.60B | $1.37B | $795.53M | $2.53B | $2.22B | $2.07B | $745.66M | $1.10B | $312.07M | $-740.03M |
| Capital Expenditure | $-575.47M | $-959.10M | $-1.37B | $-904.55M | $-459.25M | $-166.61M | $-157.72M | $-168.33M | $-142.37M | $-319.38M |
| Free Cash Flow | $1.03B | $405.90M | $-576.27M | $1.62B | $1.76B | $1.91B | $587.95M | $928.97M | $169.69M | $-1.06B |