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Headwaters Co.,Ltd — Financial Statements
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
+Revenue 2.9B 2.3B 1.6B 1.2B 1.2B
Revenue Growth % 25.5% 47.0% 34.4% 1.6% --
+Operating Income 308.0M 94.9M 110.0M 91.4M 169.5M
Operating Margin % 10.6% 4.1% 7.0% 7.8% 14.7%
Non Operating Income 54.6M 3.4M 5.9M 1.8M 514,000
Non Operating Expenses 127,000 0.00 9.0M -- 14.2M
Ordinary Income 362.4M 98.3M 106.9M 93.2M 155.8M
Income Before Taxes 362.4M 98.3M 106.9M 63.2M 155.8M
Income Taxes 87.7M 27.1M 31.8M 36.1M 2.7M
+Net Income 272.8M 70.7M 75.1M 27.0M 153.1M
Net Margin % 9.4% 3.1% 4.8% 2.3% 13.3%
Eps 72.01 37.70 80.26 29.14 180.46
Depreciation Amortization 20.4M 15.2M 11.4M 7.3M 5.8M
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Deposits 843.2M 897.9M 818.6M 765.6M 753.5M
Current Assets 1.5B 1.2B 1.1B 927.8M 895.8M
Property Plant Equipment 40.0M 30.5M 26.3M 9.4M 11.9M
Noncurrent Assets 340.6M 67.7M 66.1M 45.4M 41.1M
Total Assets 1.8B 1.3B 1.2B 973.2M 936.9M
Current Liabilities 527.8M 332.4M 293.8M 172.9M 180.4M
Total Liabilities 527.8M 332.6M 293.8M 172.9M 180.4M
Retained Earnings 503.6M 230.8M 160.2M 85.0M 58.0M
Total Equity 1.3B 961.7M 875.4M 800.3M 756.5M
Equity Ratio 0.70 0.74 0.75 0.82 0.81
Book Value Per Share 333.73 509.47 935.10 854.84 819.80
Num Employees 240.00 165.00 113.00 88.00 75.00
Roe 0.24 0.08 0.09 0.04 0.27
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Operating Cash Flow 144.4M 87.7M 84.3M 48.1M 179.4M
Investing Cash Flow -211.0M -16.2M -31.2M -52.8M -9.0M
Financing Cash Flow 10.2M 8.1M -- 16.8M 180.5M
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