Fundies.
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H/Cell Energy Corp

EDGAR
HCCC Quarterly report (10-Q) · filed 2023-05-05

31 filing records in this dataset, filed from 2016-06-29 to 2023-05-05. Reported financial figures are available; chart coverage varies by period.

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Watchlist

Latest quarter

Revenue

1.67 million USD

2020 Q1 · USD

Exact inputs and evidence

Operating margin

-7.7%

2020 Q1 · %

Exact inputs and evidence
  • Operating Income: -128387 USD Source
  • Revenue: 1667947 USD Source

Operating cash flow

-22.3 thousand USD

2020 Q1 · USD

Exact inputs and evidence
  • Operating Cash Flow: -22348 USD Source

Free cash flow

-33.1 thousand USD

2020 Q1 · USD

Exact inputs and evidence
  • Operating Cash Flow: -22348 USD Source
  • Capital Expenditure: 10783 USD Source
Cash and cash equivalents
2.12 million USD Source
Exact value

2119405 USD

Long-term debt including current maturities
87.2 thousand USD Source
Exact value

87155 USD

Shares outstanding
42.1 million shares Source
Exact value

42097552 shares

Reported share-count change

97.48% · 20.8 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 21316958 shares · 2022-03-31· Source
  • 42097552 shares · 2023-03-31· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

6.78 million USD

2019-04-01 – 2020-03-31

Exact inputs and evidence
  • Revenue: 1927921 USD · 2019-04-01 – 2019-06-30 Source
  • Revenue: 1701365 USD · 2019-07-01 – 2019-09-30 Source
  • Revenue: 6817324 USD · 2019-01-01 – 2019-12-31 Source
  • Revenue: 5333559 USD · 2019-01-01 – 2019-09-30 Source
  • Revenue: 1667947 USD · 2020-01-01 – 2020-03-31 Source

Net income

-16.5 million USD

2022-04-01 – 2023-03-31

Exact inputs and evidence
  • Net income: -12774972 USD · 2022-04-01 – 2022-06-30 Source
  • Net income: -667094 USD · 2022-07-01 – 2022-09-30 Source
  • Net income: -15861843 USD · 2022-01-01 – 2022-12-31 Source
  • Net income: -14399428 USD · 2022-01-01 – 2022-09-30 Source
  • Net income: -1626358 USD · 2023-01-01 – 2023-03-31 Source

Operating cash flow

-5.7 million USD

2022-04-01 – 2023-03-31

Exact inputs and evidence
  • Operating cash flow: -1810546 USD · 2022-01-01 – 2022-06-30 Source
  • Operating cash flow: -201617 USD · 2022-01-01 – 2022-03-31 Source
  • Operating cash flow: -2507498 USD · 2022-01-01 – 2022-09-30 Source
  • Operating cash flow: -1810546 USD · 2022-01-01 – 2022-06-30 Source
  • Operating cash flow: -4314679 USD · 2022-01-01 – 2022-12-31 Source
  • Operating cash flow: -2507498 USD · 2022-01-01 – 2022-09-30 Source
  • Operating cash flow: -1589188 USD · 2023-01-01 – 2023-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2023-05-05.

Financial data available through: 2022-12-31.

Coverage by financial measure
  • Revenue: 4 of 11 periods available· newest 2019-12-31
  • Operating income: 7 of 11 periods available· newest 2022-12-31
  • Net income: 7 of 11 periods available· newest 2022-12-31
  • Operating cash flow: 7 of 11 periods available· newest 2022-12-31
  • Capital expenditure: 4 of 11 periods available· newest 2019-12-31
  • Total assets: 7 of 11 periods available· newest 2022-12-31
  • Total liabilities: 6 of 11 periods available· newest 2022-12-31
  • Current assets: 7 of 11 periods available· newest 2022-12-31
  • Current liabilities: 7 of 11 periods available· newest 2022-12-31
  • Cash and cash equivalents: 7 of 11 periods available· newest 2022-12-31
  • Long-term debt including current maturities: 2 of 11 periods available· newest 2019-12-31
  • Shares outstanding: 7 of 11 periods available· newest 2022-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Net income

    −USD 14.87 million

    Prior period

    −USD 988,437

    –

    Current period

    −USD 15.86 million

    –

    Exact inputs and evidence

    -15861843 − -988437 = -14873406 USD

    -988437 USD · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    -15861843 USD · 2022-01-01 – 2022-12-31

    Inspect current input Current source
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  • Operating cash flow

    −USD 3.44 million

    Prior period

    −USD 872,681

    –

    Current period

    −USD 4.31 million

    –

    Exact inputs and evidence

    -4314679 − -872681 = -3441998 USD

    -872681 USD · 2021-01-01 – 2021-12-31

    Inspect prior input Prior source

    -4314679 USD · 2022-01-01 – 2022-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Revenue, Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2019 2019-01-01 – 2019-12-31

  • Revenue USD 6.82 million 100% of revenue
  • Cost of revenue USD 4.85 million 71% of revenue
  • Operating expenses USD 528,283 7.7% of revenue
  • Other operating costs Derived USD 1.96 million 29% of revenue
  • Operating income −USD 528,283 −7.7% of revenue
  • Tax, interest and other Derived USD 184,158 2.7% of revenue
  • Net income −USD 712,441 −10% of revenue

Cash

  • Operating cash flow −USD 412,196 −6% of revenue
  • Capital expenditure USD 244,412 3.6% of revenue
  • Free cash flow Derived −USD 656,608 −9.6% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 Operating loss: operating costs were 114% of revenue.
  • 2017 99%
  • 2018 Operating loss: operating costs were 1,879% of revenue.
  • 2019 Operating loss: operating costs were 108% of revenue.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-315007103 5713830 Derived -706727 0 Derived -706727 36710 Derived
Source
2017 2017-01-01 – 2017-12-316352886 6289933 Derived 62953 54056 Derived 8897 -106841 Derived
Source
2018 2018-01-01 – 2018-12-3131789 597317 Derived -565528 -1166263 Derived 600735 -411336 Derived
Source
2019 2019-01-01 – 2019-12-316817324 7345607 Derived -528283 184158 Derived -712441 -656608 Derived
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 6.8M 2019
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.7.4M5.5M3.7M1.8M0.02016201720182019
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue5007103
2017Revenue6352886
2018Revenue31789
2019Revenue6817324

Revenue growth

Change in revenue from the same financial period one year earlier.

21,345.5% 2019
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.23,061%16,842%10,623%4,404%-1,815%2016201720182019
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over yearNo prior comparable period
2017Year over year26.9%
2018Year over year-99.5%
2019Year over year21,345.5%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin -7.7% 2019
Net margin -10.5% 2019
Free cash flow margin -9.6% 2019
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2,183%1,119%55%-1,009%-2,073%2016201720182019
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin-14.1%
2017Operating margin1%
2018Operating margin-1,779%
2019Operating margin-7.7%
2016Net margin-14.1%
2017Net margin0.1%
2018Net margin1,889.8%
2019Net margin-10.5%
2016Free cash flow margin0.7%
2017Free cash flow margin-1.7%
2018Free cash flow margin-1,294%
2019Free cash flow margin-9.6%

Operating cash flow

Cash generated by the company’s normal business operations.

USD -412.2K 2019
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.162.9K8.5K-146.0K-300.4K-454.8K2016201720182019
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow120270
2017Operating cash flow-69898
2018Operating cash flow-364646
2019Operating cash flow-412196

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD -656.6K 2019
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.92.2K-108.9K-309.9K-511.0K-712.1K2016201720182019
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flow36710
2017Free cash flow-106841
2018Free cash flow-411336
2019Free cash flow-656608

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

74.1% 2019
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.80%60%40%20%0%2016-12-31201720182019
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Liabilities / assetsNot reported
2017Liabilities / assets61.2%
2018Liabilities / assets54%
2019Liabilities / assets74.1%

Current assets to current liabilities

Current assets divided by current liabilities.

0.82× 2019
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.58×1.18×0.79×0.39×0.00×2016201720182019
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016Current assets / current liabilities1.42×
2017Current assets / current liabilities1.46×
2018Current assets / current liabilities1.16×
2019Current assets / current liabilities0.82×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
−USD 706,727
Exact value

Exact value: -706727 USD

2016-01-01 – 2016-12-31: -706727 USD Inspect Net Income Open source
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USD 120,270
Exact value

Exact value: 120270 USD

2016-01-01 – 2016-12-31: 120270 USD Inspect Operating Cash Flow Open source
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USD 83,560
Exact value

Exact value: 83560 USD

2016-01-01 – 2016-12-31: 83560 USD Inspect Capital Expenditure Open source
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USD 36,710
Calculation and evidence

120270 − 83560 USD

Exact free cash flow: 36710 USD

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2017 2017-01-01 – 2017-12-31
USD 8,897
Exact value

Exact value: 8897 USD

2017-01-01 – 2017-12-31: 8897 USD Inspect Net Income Open source
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−USD 69,898
Exact value

Exact value: -69898 USD

2017-01-01 – 2017-12-31: -69898 USD Inspect Operating Cash Flow Open source
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USD 36,943
Exact value

Exact value: 36943 USD

2017-01-01 – 2017-12-31: 36943 USD Inspect Capital Expenditure Open source
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−USD 106,841
Calculation and evidence

-69898 − 36943 USD

Exact free cash flow: -106841 USD

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2018 2018-01-01 – 2018-12-31
USD 600,735
Exact value

Exact value: 600735 USD

2018-01-01 – 2018-12-31: 600735 USD Inspect Net Income Open source
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−USD 364,646
Exact value

Exact value: -364646 USD

2018-01-01 – 2018-12-31: -364646 USD Inspect Operating Cash Flow Open source
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USD 46,690
Exact value

Exact value: 46690 USD

2018-01-01 – 2018-12-31: 46690 USD Inspect Capital Expenditure Open source
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−USD 411,336
Calculation and evidence

-364646 − 46690 USD

Exact free cash flow: -411336 USD

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2019 2019-01-01 – 2019-12-31
−USD 712,441
Exact value

Exact value: -712441 USD

2019-01-01 – 2019-12-31: -712441 USD Inspect Net Income Open source
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−USD 412,196
Exact value

Exact value: -412196 USD

2019-01-01 – 2019-12-31: -412196 USD Inspect Operating Cash Flow Open source
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USD 244,412
Exact value

Exact value: 244412 USD

2019-01-01 – 2019-12-31: 244412 USD Inspect Capital Expenditure Open source
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−USD 656,608
Calculation and evidence

-412196 − 244412 USD

Exact free cash flow: -656608 USD

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2020 2020-01-01 – 2020-12-31
−USD 1.41 million
Exact value

Exact value: -1411562 USD

2020-01-01 – 2020-12-31: -1411562 USD Inspect Net Income Open source
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−USD 326,158
Exact value

Exact value: -326158 USD

2020-01-01 – 2020-12-31: -326158 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
−USD 988,437
Exact value

Exact value: -988437 USD

2021-01-01 – 2021-12-31: -988437 USD Inspect Net Income Open source
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−USD 872,681
Exact value

Exact value: -872681 USD

2021-01-01 – 2021-12-31: -872681 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
−USD 15.86 million
Exact value

Exact value: -15861843 USD

2022-01-01 – 2022-12-31: -15861843 USD Inspect Net Income Open source
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−USD 4.31 million
Exact value

Exact value: -4314679 USD

2022-01-01 – 2022-12-31: -4314679 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

31 filings · 1,976 latest values · 1,976 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001676580, 1676580, HCCC, edgar:1676580

Also known as H/Cell Energy Corp, VISION HYDROGEN CORPORATION, VISION ENERGY CORPORATION, VISION ENERGY Corp, VISION HYDROGEN CORPORATION, VISION HYDROGEN Corp