Shanghai Hugong Electric Group Co.,Ltd.

Shanghai Stock Exchange 603131.SS

Shanghai Hugong Electric Group Co.,Ltd. Net Cash Used For Investing Activities for the year ending December 31, 2023: USD 34.09 M

Shanghai Hugong Electric Group Co.,Ltd. Net Cash Used For Investing Activities is USD 34.09 M for the year ending December 31, 2023, a 282.58% change year over year. Net cash used for investing activities is total cash inflows and outflows related to activities intended to generate future income and cash flows from investments.
  • Shanghai Hugong Electric Group Co.,Ltd. Net Cash Used For Investing Activities for the year ending December 31, 2022 was USD -18.67 M, a -3.37% change year over year.
  • Shanghai Hugong Electric Group Co.,Ltd. Net Cash Used For Investing Activities for the year ending December 31, 2021 was USD -18.06 M, a 58.96% change year over year.
  • Shanghai Hugong Electric Group Co.,Ltd. Net Cash Used For Investing Activities for the year ending December 31, 2020 was USD -44.01 M, a -131.00% change year over year.
  • Shanghai Hugong Electric Group Co.,Ltd. Net Cash Used For Investing Activities for the year ending December 31, 2019 was USD -19.05 M, a 32.95% change year over year.
Key data
Date Net Cash Used For Investing Activities Net Cash Used Provided By Financing Activities Dividends Paid Capital Expenditure
Market news
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Shanghai Stock Exchange: 603131.SS

Shanghai Hugong Electric Group Co.,Ltd.

CEO Mr. Zhen Yu Shu
IPO Date June 7, 2016
Location China
Headquarters 7177 Waiqingsong Road
Employees 1,264
Sector Industrials
Industries
Description

Shanghai Hugong Electric Group Co.,Ltd. manufactures and sells welding and cutting equipment in China. The company offers welding machines, including stick welders, MIG/MAG welders, TIG welders, plasma cutters, submerged arc welders, and engine driven welders; laser cutting machines, such as fiber laser cutting machines and plate-pipe complexes; plasma cutting machines comprising CNC flame and plasma cutting machines, and CNC pipe intersection cutting machines; and auto welding systems. It also provides robot integration equipment; and white body welding production lines, welding fixtures, robotic workstations, non-standard special machines, and other automation equipment for automobile companies and auto parts manufacturers. The company also exports its products to 108 countries. Shanghai Hugong Electric Group Co.,Ltd. was founded in 1958 and is based in Shanghai, China.

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StockViz Staff

January 15, 2025

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