Overview
HAECO
Hong Kong Aircraft Engineering Company's (HAECO) business literally takes flight. The company provides aeronautical engineering services to airlines and aircraft operators, and serves as the only full-service provider at Hong Kong International Airport. Its services include aircraft maintenance, freighter conversions, line maintenance, ramp services, component overhaul, and calibration and metrology, among others. Customers include Japan Airlines,
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Read More Continental Airlines, and Air Canada. HAECO, which was founded in 1950, has branched out beyond Hong Kong to offer its services on mainland China, mainly through holdings in such companies as Taikoo (Xiamen) Aircraft Engineering and Taikoo Spirit AeroSystems.
Read Less
Read More Continental Airlines, and Air Canada. HAECO, which was founded in 1950, has branched out beyond Hong Kong to offer its services on mainland China, mainly through holdings in such companies as Taikoo (Xiamen) Aircraft Engineering and Taikoo Spirit AeroSystems.
Read Less
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Financial Statements
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Financial data as of ? (12 month period) in USD
Annual Revenue 2017
?
USD
Actual
1 USD = 7.8101 HKD
All financial statement data is in millions except per share data | Source: Morningstar
Cash Flow (mil) | 2017 | 2016 | 2015 |
---|---|---|---|
Net Operating Cash | $108 | $131 | $89 |
Net Investing Cash | -$66 | $5 | -$53 |
Net Financing Cash | -$90 | -$146 | -$146 |
Net Change in Cash | -$48 | -$10 | -$110 |
Cash at Beginning of Period | $166 | $181 | $296 |
Cash at End of Period | $124 | $166 | $181 |
Capital Expenditure | -$108 | -$93 | -$92 |
Assets (mil) | 2017 | 2016 | 2015 |
---|---|---|---|
Current Assets | |||
Cash and Cash Equivalents | $124 | $166 | $181 |
Accounts Receivable | $127 | $99 | $120 |
Inventories | $252 | $218 | $212 |
Other Current Assets | $93 | $109 | $126 |
Asset Summary | |||
Total Current Assets | $596 | $592 | $639 |
Tangible Fixed Assets | $774 | $715 | $724 |
Intangible Assets | $121 | $132 | $143 |
Total Assets | $14,035 | $14,350 | $14,672 |
Liabilities (mil) | 2017 | 2016 | 2015 |
---|---|---|---|
Current Liabilities | |||
Accounts Payable | $80 | $69 | $77 |
Short-Term Debt | $ | $ | $ |
Other Current Liabilities | $328 | $255 | $266 |
Liability Summary | |||
Total Current Liabilities | $408 | $324 | $343 |
Long-Term Debt | $411 | $445 | $505 |
Other Long-Term Liabilities | $ | $ | $ |
Total Liabilities | $877 | $875 | $959 |
Stakeholder's Equity (mil) | 2017 | 2016 | 2015 |
---|---|---|---|
Equity | |||
Common Stock | $24 | $24 | $24 |
Retained Earnings | $ | $ | $ |
Equity Summary | |||
Total Equity | $713 | $791 | $753 |
Shares Outstanding | 166,324,850 | 166,324,850 | 166,324,850 |