Financial Statements

Hailiang Education Group Inc. (HLG)

$13.08

-0.04 (-0.30%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 1,244905638720-
Net Income 235371293223168
Stock Dividends -54-32-27-305552
Dividend Paid -----
Retained Earnings 1,4251,244905638720

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 1,146621679721-
Annual Depreciation -571,1632348830
Capital Expenditure -121-637-82-89-109
Net PPE 9691,146621679721

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -62626262
New Purchases -1,954-204-4,710-3,809-4,181
Intangible and Goodwill 62626262-

Hailiang Education Group Inc. income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Hailiang Education Group Inc. FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.