SHENZHEN KAIFA TEC - Financials

SHENZHEN KAIFA TEC — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020
+Revenue	14.8B	14.3B	16.1B	16.5B	15.0B
Revenue Growth %	3.9%	-11.5%	-2.2%	10.2%	--
Total Revenue	14.8B	14.3B	16.1B	16.5B	15.0B
Cost Of Revenue	12.3B	11.9B	14.2B	14.9B	13.3B
+Gross Profit	2.5B	2.4B	1.9B	1.6B	1.7B
Gross Margin %	17.0%	16.6%	12.0%	9.6%	11.3%
Total Operating Cost	13.6B	13.3B	15.0B	16.0B	14.5B
Selling Expenses	171.0M	131.0M	81.3M	69.8M	82.4M
Admin Expenses	596.0M	572.0M	569.0M	628.0M	474.0M
Rd Expenses	423.0M	362.0M	313.0M	310.0M	255.0M
Finance Expenses	-113.0M	20.0M	-427.0M	-29.2M	271.0M
+Operating Income	1.2B	968.0M	808.0M	1.0B	1.1B
Operating Margin %	8.3%	6.8%	5.0%	6.2%	7.5%
Non Operating Income	52.5M	31.9M	2.2M	4.1M	3.9M
Non Operating Expenses	4.8M	8.4M	1.9M	1.8M	5.6M
Investment Income	43.8M	37.9M	141.0M	-5.1M	259.0M
Fair Value Change Income	-44.9M	-16.3M	-589.0M	315.0M	253.0M
Asset Disposal Income	-35.7M	39.7M	11.2M	4.4M	1.5M
Asset Impairment Loss	85.5M	232.0M	126.0M	26.0M	31.4M
Other Income	710,500	-58.3M	81.7M	198.0M	129.0M
Income Before Tax	1.3B	991.0M	808.0M	1.0B	1.1B
Income Tax	197.0M	167.0M	119.0M	189.0M	167.0M
+Net Income	1.1B	824.0M	689.0M	834.0M	953.0M
Net Margin %	7.3%	5.8%	4.3%	5.1%	6.4%
Net Income Attributable	930.0M	645.0M	659.0M	775.0M	857.0M
Minority Interest	157.0M	180.0M	29.7M	58.7M	96.0M
Eps Basic	0.60	0.41	0.42	0.51	0.58
Eps Diluted	0.60	0.41	0.42	0.51	0.58

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020
Cash And Equivalents	7.3B	7.7B	8.9B	8.5B	7.5B
Trading Financial Assets	--	--	--	--	--
Accounts Receivable	3.9B	3.7B	2.7B	2.8B	2.9B
Notes Receivable	6.7M	4.0M	70.3M	16.7M	27.3M
Notes And Accounts Receivable	3.9B	3.7B	2.7B	2.8B	3.0B
Prepayments	133.0M	75.4M	74.2M	88.0M	81.9M
Inventory	2.6B	3.5B	4.5B	3.5B	2.4B
Total Current Assets	14.6B	15.7B	16.6B	16.7B	14.1B
Long Term Equity Investment	872.0M	856.0M	794.0M	724.0M	775.0M
Fixed Assets	--	4.9B	4.2B	4.3B	3.4B
Fixed Assets Total	5.6B	4.9B	4.2B	4.3B	3.4B
Construction In Progress	--	1.9B	3.0B	2.5B	1.7B
Construction In Progress Total	170.0M	1.9B	3.0B	2.5B	1.7B
Intangible Assets	316.0M	418.0M	585.0M	595.0M	603.0M
Long Term Deferred Expenses	200.0M	160.0M	180.0M	222.0M	143.0M
Total Non Current Assets	12.2B	11.7B	11.2B	10.4B	7.5B
Total Assets	26.8B	27.4B	27.8B	27.0B	21.6B
Short Term Borrowings	5.2B	5.6B	8.7B	8.1B	7.8B
Accounts Payable	2.7B	2.7B	1.8B	3.1B	2.2B
Advance Receipts	39.8M	8.5M	28.3M	2.3M	11.5M
Contract Liabilities	376.0M	754.0M	625.0M	193.0M	27.6M
Total Current Liabilities	10.6B	12.7B	13.4B	14.5B	11.4B
Long Term Borrowings	1.9B	1.4B	2.0B	630.0M	1.9B
Total Non Current Liabilities	2.3B	1.9B	2.4B	1.1B	2.2B
Total Liabilities	12.9B	14.6B	15.9B	15.6B	13.6B
Paid In Capital	1.6B	1.6B	1.6B	1.6B	1.5B
Capital Reserve	2.4B	2.2B	2.1B	2.1B	775.0M
Surplus Reserve	1.1B	1.1B	1.1B	1.1B	1.1B
Retained Earnings	6.4B	5.6B	5.0B	4.6B	4.1B
Minority Equity	2.0B	1.8B	1.6B	1.6B	425.0M
Equity Attributable	11.9B	11.0B	10.3B	9.8B	7.6B
Total Equity	13.9B	12.8B	12.0B	11.5B	8.0B

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020
Cash From Sales	13.7B	11.7B	11.6B	12.3B	15.1B
Tax Refunds Received	284.0M	336.0M	253.0M	269.0M	287.0M
Total Operating Cash Inflow	14.2B	12.5B	12.6B	13.0B	15.6B
Cash Paid For Goods	8.8B	7.5B	8.3B	9.1B	9.7B
Cash Paid To Employees	2.1B	1.9B	2.3B	2.5B	2.3B
Taxes Paid	707.0M	622.0M	514.0M	301.0M	321.0M
Total Operating Cash Outflow	11.8B	10.5B	11.7B	12.1B	12.5B
Operating Cash Flow	2.4B	2.0B	896.0M	868.0M	3.1B
Total Investing Cash Inflow	83.0M	241.0M	385.0M	40.7M	400.0M
Total Investing Cash Outflow	1.4B	1.1B	2.1B	2.8B	2.0B
Investing Cash Flow	-1.3B	-882.0M	-1.7B	-2.8B	-1.6B
Cash From Borrowings	17.1B	16.7B	33.2B	23.5B	27.2B
Dividends And Interest Paid	458.0M	502.0M	547.0M	532.0M	271.0M
Debt Repayments	18.2B	18.8B	32.3B	22.8B	25.7B
Total Financing Cash Inflow	21.4B	21.8B	37.2B	33.2B	30.2B
Total Financing Cash Outflow	22.7B	23.9B	38.3B	27.7B	31.6B
Financing Cash Flow	-1.4B	-2.1B	-1.2B	5.5B	-1.4B
Net Change In Cash	-166.0M	-946.0M	-2.0B	3.5B	16.0M
Ending Cash Balance	1.9B	2.0B	3.0B	4.9B	1.4B
Capex	1.4B	1.1B	1.9B	2.8B	1.9B