Investor Presentaiton
Achieved Profitability in 2023 with RMB ~1.05B Operating CF
Net profit (net loss): turned into profitability (in Million RMB)
Net profit (net loss) margin
Net profit (net loss)
-58.5%
(695)
(984)
2021
-21.6%
2022
10.1%
546
2023
R&D related investment (in Million RMB)
Cost of Services Provided*
Capitalized
Expensed
2523
340
2111
1890
126
789
677
740
315
1395
1024
2021
2022
1119
2023
* R&D spending related to out-licensing products accounted into cost of services provided according to accounting practices
Net change in cash & cash equivalents: positive OCF (in Million RMB) Expense to revenue ratios: effective controls on expenses
Net cash flows used in investing activities
Net cash flows from financial activities
Net cash flows from (used in) operating activities
1048
858
982
648
144
91
(1359)
(1004)
2021
2022
2023
31%
33% 33%
17%
11%
7%
(1681)
Net change in
cash and cash
(959)
518
194
equivalents
39
Selling and distribution
expenses
Administrative
expenses
2021
2022
2023
O 2024 Henlius.
61%
43%
21%
5%
3%
2%
R&D expenses
Finance costs
2 HenliusView entire presentation