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 WH Group.
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 | $26.30B | $28.14B | $27.29B | $25.59B | $24.10B | $22.61B | $22.38B | $21.53B | $21.21B | $22.24B |
| Cost of Revenue | $22.04B | $22.96B | $22.30B | $20.56B | $18.87B | $17.91B | $18.06B | $17.33B | $17.13B | $18.98B |
| Gross Profit | $4.25B | $5.18B | $5.00B | $5.03B | $5.23B | $4.70B | $4.32B | $4.21B | $4.08B | $3.26B |
| Gross Profit Ratio | 16.18% | 18.40% | 18.31% | 19.64% | 21.71% | 20.78% | 19.29% | 19.54% | 19.24% | 14.67% |
| Research and Development Expenses | $204.48M | $182.43M | $178.41M | $148.04M | $134.75M | $131.14M | $98.69M | $84.10M | $87.03M | $75.00M |
| General and Administrative Expenses | $889.00M | $842.00M | $803.00M | $874.00M | $811.00M | $732.00M | $823.00M | $748.00M | $740.00M | $758.00M |
| Selling and Marketing Expenses | $1.98B | $2.08B | $2.04B | $1.91B | $2.06B | $2.14B | $1.93B | $1.79B | $1.78B | $1.51B |
| Selling General and Administrative Expenses | $2.66B | $2.92B | $2.84B | $2.79B | $2.87B | $2.87B | $2.75B | $2.54B | $2.52B | $2.27B |
| Other Expenses | $-1.16B | $-435.00M | $-523.00M | $-883.00M | $-283.00M | $-395.00M | $371.00M | $199.00M | $-36.00M | $743.00M |
| Operating Expenses | $2.86B | $2.93B | $2.74B | $2.73B | $2.83B | $2.81B | $3.01B | $2.52B | $2.54B | $2.28B |
| Cost and Expenses | $24.90B | $25.89B | $25.04B | $23.29B | $21.70B | $20.71B | $21.07B | $19.84B | $19.67B | $21.26B |
| Interest Income | $49.00M | $37.00M | $30.00M | $17.00M | $14.00M | $12.00M | $12.00M | $10.00M | $12.00M | $18.00M |
| Interest Expense | $165.00M | $165.00M | $134.00M | $130.00M | $139.00M | $110.00M | $124.00M | $169.00M | $211.00M | $299.00M |
| Depreciation and Amortization | $780.82M | $801.90M | $674.77M | $642.18M | $584.24M | $437.46M | $387.78M | $372.45M | $391.00M | $359.00M |
| EBITDA | $2.17B | $3.05B | $2.47B | $2.09B | $2.75B | $1.96B | $2.09B | $2.29B | $1.89B | $2.06B |
| EBITDA Ratio | 8.27% | 10.85% | 9.06% | 8.16% | 11.43% | 8.68% | 9.33% | 10.65% | 8.89% | 9.26% |
| Operating Income | $1.39B | $2.25B | $1.79B | $1.45B | $2.17B | $1.52B | $1.70B | $1.92B | $1.65B | $1.10B |
| Operating Income Ratio | 5.30% | 8.00% | 6.58% | 5.65% | 9.02% | 6.74% | 7.60% | 8.93% | 7.79% | 4.93% |
| Total Other Income Expenses Net | $-295.69M | $-118.00M | $-95.00M | $-130.00M | $-121.00M | $-113.00M | $-199.00M | $-219.00M | $-351.00M | $323.00M |
| Income Before Tax | $1.10B | $2.13B | $1.70B | $1.31B | $2.05B | $1.41B | $1.50B | $1.70B | $1.30B | $1.42B |
| Income Before Tax Ratio | 4.17% | 7.58% | 6.23% | 5.14% | 8.51% | 6.24% | 6.71% | 7.91% | 6.14% | 6.38% |
| Income Tax Expense | $197.46M | $482.00M | $402.00M | $223.00M | $357.00M | $258.00M | $182.00M | $465.00M | $307.00M | $448.00M |
| Net Income | $629.00M | $1.37B | $1.07B | $828.00M | $1.47B | $943.00M | $1.13B | $1.04B | $786.00M | $766.00M |
| Net Income Ratio | 2.39% | 4.87% | 3.91% | 3.24% | 6.08% | 4.17% | 5.06% | 4.81% | 3.71% | 3.44% |
| EPS | $0.05 | $0.11 | $0.08 | $0.06 | $0.10 | $0.06 | $0.08 | $0.08 | $0.06 | $0.06 |
| EPS Diluted | $0.05 | $0.11 | $0.08 | $0.06 | $0.10 | $0.06 | $0.08 | $0.07 | $0.06 | $0.06 |
| Weighted Average Shares Outstanding | 12.83B | 12.83B | 14.14B | 14.73B | 14.70B | 14.74B | 14.54B | 13.67B | 13.67B | 11.90B |
| Weighted Average Shares Outstanding Diluted | 12.83B | 12.83B | 14.15B | 14.79B | 14.79B | 14.74B | 14.59B | 14.30B | 14.30B | 12.54B |
| 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 | $1.23B | $1.39B | $1.56B | $1.60B | $552.00M | $525.00M | $1.37B | $1.14B | $1.14B | $978.00M |
| Short Term Investments | $554.85M | $149.00M | $232.00M | $920.00M | $447.00M | $317.00M | $16.00M | $20.00M | $397.00M | $209.00M |
| Cash and Short Term Investments | $1.79B | $1.54B | $1.79B | $2.52B | $999.00M | $842.00M | $1.37B | $1.14B | $1.53B | $1.19B |
| Net Receivables | $879.76M | $1.09B | $1.08B | $972.00M | $489.00M | $1.61B | $1.40B | $1.09B | $1.06B | $1.27B |
| Inventory | $4.07B | $4.32B | $4.04B | $3.82B | $4.11B | $3.00B | $2.90B | $2.61B | $2.61B | $2.91B |
| Other Current Assets | $579.84M | $1.10B | $817.77M | $642.00M | $1.11B | $5.00M | $5.00M | $5.00M | $5.00M | $5.00M |
| Total Current Assets | $7.31B | $8.01B | $7.62B | $7.83B | $6.71B | $5.46B | $5.67B | $4.84B | $5.21B | $5.37B |
| Property Plant Equipment Net | $7.50B | $7.29B | $7.08B | $6.21B | $6.05B | $5.30B | $5.04B | $4.53B | $4.67B | $4.58B |
| Goodwill | $2.04B | $1.99B | $2.07B | $2.01B | $1.96B | $1.85B | $1.84B | $1.78B | $1.80B | $1.81B |
| Intangible Assets | $1.71B | $1.72B | $1.76B | $1.76B | $1.71B | $1.91B | $1.94B | $1.88B | $1.93B | $1.97B |
| Goodwill and Intangible Assets | $3.75B | $3.71B | $3.83B | $3.77B | $3.67B | $3.76B | $3.78B | $3.66B | $3.73B | $3.79B |
| Long Term Investments | $297.92M | $114.00M | $33.00M | $-556.00M | $-90.00M | $42.00M | $529.00M | $166.00M | $-212.00M | $330.00M |
| Tax Assets | $85.98M | $58.00M | $42.00M | $61.00M | $66.00M | $57.00M | $58.00M | $28.00M | $146.00M | $88.00M |
| Other Non-Current Assets | $226.92M | $680.00M | $809.00M | $1.39B | $880.00M | $683.00M | $191.00M | $385.00M | $749.00M | $557.00M |
| Total Non-Current Assets | $11.86B | $11.85B | $11.79B | $10.88B | $10.57B | $9.84B | $9.59B | $8.77B | $9.09B | $9.35B |
| Other Assets | $-0.00B | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $19.17B | $19.86B | $19.41B | $18.71B | $17.28B | $15.30B | $15.26B | $13.61B | $14.30B | $14.72B |
| Account Payables | $1.24B | $1.40B | $1.15B | $913.00M | $1.07B | $977.00M | $1.08B | $854.00M | $812.00M | $850.00M |
| Short Term Debt | $1.20B | $947.00M | $984.00M | $945.00M | $1.01B | $860.00M | $901.00M | $1.01B | $606.00M | $719.00M |
| Tax Payables | $62.98M | $130.00M | $71.00M | $73.00M | $96.00M | $61.00M | $50.00M | $36.00M | $44.00M | $44.00M |
| Deferred Revenue | $62.98M | $- | $- | $- | $- | $- | $- | $47.00M | $70.00M | $96.00M |
| Other Current Liabilities | $2.15B | $2.64B | $2.44B | $2.21B | $1.78B | $1.49B | $1.52B | $1.41B | $1.37B | $1.46B |
| Total Current Liabilities | $4.66B | $4.99B | $4.58B | $4.07B | $3.87B | $3.33B | $3.50B | $3.32B | $2.86B | $3.12B |
| Long Term Debt | $2.12B | $2.95B | $3.52B | $2.21B | $2.54B | $2.28B | $2.32B | $1.89B | $3.33B | $3.98B |
| Deferred Revenue Non-Current | $10.00M | $38.00M | $46.00M | $44.00M | $10.00M | $10.00M | $11.00M | $8.00M | $9.00M | $6.00M |
| Deferred Tax Liabilities Non-Current | $569.85M | $697.00M | $725.00M | $553.00M | $660.00M | $598.00M | $639.00M | $887.00M | $810.00M | $838.00M |
| Other Non-Current Liabilities | $1.23B | $770.00M | $861.00M | $853.00M | $747.00M | $662.00M | $567.00M | $465.00M | $589.00M | $729.00M |
| Total Non-Current Liabilities | $3.93B | $4.46B | $5.15B | $3.66B | $3.96B | $3.55B | $3.54B | $3.25B | $4.74B | $5.55B |
| Other Liabilities | $-0.00B | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $8.59B | $9.44B | $9.72B | $7.73B | $7.83B | $6.88B | $7.04B | $6.57B | $7.60B | $8.67B |
| Preferred Stock | $- | $- | $- | $- | $235.00M | $- | $- | $- | $- | $- |
| Common Stock | $999.73K | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M | $1.00M |
| Retained Earnings | $8.08B | $7.95B | $6.89B | $6.16B | $5.94B | $3.88B | $3.48B | $2.84B | $2.14B | $1.38B |
| Accumulated Other Comprehensive Income Loss | $659.82M | $568.49M | $772.78M | $836.00M | $-235.00M | $928.00M | $1.04B | $574.00M | $721.00M | $645.00M |
| Other Total Stockholders Equity | $1.08B | $1.08B | $1.09B | $3.01B | $2.75B | $2.93B | $2.92B | $2.90B | $2.90B | $3.10B |
| Total Stockholders Equity | $9.83B | $9.60B | $8.75B | $10.01B | $8.68B | $7.75B | $7.45B | $6.32B | $5.76B | $5.13B |
| Total Equity | $10.57B | $10.41B | $9.69B | $10.98B | $9.45B | $8.42B | $8.22B | $7.04B | $6.70B | $6.05B |
| Total Liabilities and Stockholders Equity | $19.17B | $19.86B | $19.41B | $18.71B | $17.28B | $15.30B | $15.26B | $13.61B | $14.30B | $14.72B |
| Minority Interest | $743.80M | $812.00M | $939.00M | $980.00M | $768.00M | $672.00M | $777.00M | $722.00M | $940.00M | $920.00M |
| Total Liabilities and Total Equity | $19.17B | $19.86B | $19.41B | $18.71B | $17.28B | $15.30B | $15.26B | $13.61B | $14.30B | $14.72B |
| Total Investments | $852.77M | $263.00M | $265.00M | $364.00M | $357.00M | $359.00M | $302.00M | $186.00M | $185.00M | $539.00M |
| Total Debt | $3.72B | $3.90B | $4.50B | $3.16B | $3.56B | $3.14B | $3.22B | $2.90B | $3.94B | $4.69B |
| Net Debt | $2.49B | $2.51B | $2.94B | $1.56B | $3.00B | $2.62B | $1.85B | $1.76B | $2.80B | $3.72B |
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 | $630.47M | $2.13B | $1.70B | $1.31B | $2.05B | $1.41B | $1.50B | $1.70B | $1.30B | $1.42B |
| Depreciation and Amortization | $780.82M | $802.00M | $679.00M | $644.00M | $581.00M | $437.00M | $389.00M | $372.00M | $391.00M | $359.00M |
| Deferred Income Tax | $- | $- | $- | $- | $-348.00M | $-273.00M | $-543.00M | $-310.00M | $-596.00M | $-785.00M |
| Stock Based Compensation | $- | $- | $- | $- | $8.00M | $21.00M | $313.00M | $47.00M | $83.00M | $78.00M |
| Change in Working Capital | $-157.37M | $-665.00M | $-410.00M | $382.00M | $-930.00M | $-570.00M | $-321.00M | $-145.00M | $191.00M | $227.00M |
| Accounts Receivables | $295.69M | $-140.33M | $-169.44M | $136.04M | $-3.02M | $-247.26M | $-168.47M | $-84.10M | $117.04M | $79.00M |
| Inventory | $-111.26M | $-431.00M | $8.00M | $80.00M | $-1.01B | $-283.00M | $-186.00M | $9.00M | $105.00M | $-141.00M |
| Accounts Payables | $-379.89M | $209.50M | $158.48M | $272.08M | $264.46M | $26.03M | $25.92M | $9.01M | $-145.05M | $- |
| Other Working Capital | $38.09M | $-303.16M | $-407.04M | $-106.11M | $-178.45M | $-287.00M | $-135.00M | $-154.00M | $86.00M | $368.00M |
| Other Non Cash Items | $262.61M | $-466.00M | $-147.00M | $16.00M | $100.00M | $229.00M | $-370.00M | $-127.00M | $-354.00M | $-524.00M |
| Net Cash Provided by Operating Activities | $1.52B | $1.80B | $1.82B | $2.36B | $1.46B | $1.25B | $1.51B | $1.85B | $1.61B | $1.56B |
| Investments in Property Plant and Equipment | $-818.91M | $-977.00M | $-933.00M | $-572.00M | $-703.00M | $-811.00M | $-530.00M | $-514.00M | $-737.00M | $-733.00M |
| Acquisitions Net | $175.41M | $-5.00M | $-65.00M | $-77.00M | $-104.00M | $-81.00M | $-303.00M | $2.00M | $354.00M | $-11.00M |
| Purchases of Investments | $-3.10B | $-1.19B | $-1.59B | $-2.05B | $-920.00M | $-951.00M | $-559.00M | $-1.35B | $-2.54B | $-2.30B |
| Sales Maturities of Investments | $2.97B | $1.17B | $2.11B | $1.70B | $810.00M | $626.00M | $540.00M | $1.73B | $2.38B | $2.27B |
| Other Investing Activities | $33.08M | $644.00M | $68.00M | $40.00M | $121.00M | $-31.03M | $68.00M | $-11.00M | $35.00M | $61.00M |
| Net Cash Used for Investing Activities | $-740.73M | $-350.00M | $-409.00M | $-963.00M | $-796.00M | $-1.22B | $-784.00M | $-141.00M | $-514.00M | $-721.00M |
| Debt Repayment | $-142.33M | $-4.33B | $-3.98B | $-3.79B | $-2.45B | $-8.65B | $-4.12B | $-4.03B | $-3.09B | $-5.44B |
| Common Stock Issued | $- | $- | $2.00M | $1.01B | $31.00M | $9.00M | $11.00M | $2.00M | $- | $2.28B |
| Common Stock Repurchased | $- | $- | $-1.93B | $2.90B | $2.25B | $8.36B | $4.00B | $2.69B | $- | $- |
| Dividends Paid | $-491.15M | $-311.74M | $-330.91M | $-599.17M | $-377.09M | $-505.00M | $-489.00M | $-308.00M | $- | $- |
| Other Financing Activities | $-269.63M | $3.10B | $4.81B | $-3.00M | $-47.00M | $-3.00M | $4.00B | $2.66B | $2.19B | $2.50B |
| Net Cash Used Provided by Financing Activities | $-997.33M | $-1.54B | $-1.43B | $-479.00M | $-593.00M | $-790.00M | $-591.00M | $-1.67B | $-901.00M | $-652.00M |
| Effect of Forex Changes on Cash | $-17.00M | $-73.00M | $23.00M | $86.00M | $-6.00M | $-43.00M | $19.00M | $-38.00M | $-31.00M | $-28.00M |
| Net Change in Cash | $-239.03M | $-162.00M | $3.00M | $1.00B | $68.00M | $-795.00M | $156.00M | $-2.00M | $167.00M | $159.00M |
| Cash at End of Period | $1.23B | $1.39B | $1.56B | $1.55B | $552.00M | $484.00M | $1.28B | $1.12B | $1.12B | $958.00M |
| Cash at Beginning of Period | $1.47B | $1.56B | $1.55B | $552.00M | $484.00M | $1.28B | $1.12B | $1.12B | $958.00M | $799.00M |
| Operating Cash Flow | $1.52B | $1.80B | $1.82B | $2.36B | $1.46B | $1.25B | $1.51B | $1.85B | $1.61B | $1.56B |
| Capital Expenditure | $-818.91M | $-977.00M | $-933.00M | $-572.00M | $-703.00M | $-811.00M | $-530.00M | $-514.00M | $-737.00M | $-733.00M |
| Free Cash Flow | $697.63M | $826.00M | $889.00M | $1.78B | $760.00M | $444.00M | $982.00M | $1.34B | $876.00M | $827.00M |