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中信海直 — Financial Statements
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line ItemFY 2025Dec 31, 2025FY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021
+Revenue 2.2B 2.2B 2.0B 1.8B 1.7B
Revenue Growth % 3.3% 9.8% 9.6% 7.0% --
Total Revenue 2.2B 2.2B 2.0B 1.8B 1.7B
Cost Of Revenue 1.7B 1.7B 1.6B 1.4B 1.2B
+Gross Profit 531.0M 498.0M 417.0M 364.0M 446.0M
Gross Margin % 23.8% 23.0% 21.2% 20.2% 26.5%
Total Operating Cost 1.9B 1.8B 1.8B 1.7B 1.4B
Selling Expenses 7.3M 9.2M 9.9M 13.8M 14.3M
Admin Expenses 99.9M 121.0M 138.0M 120.0M 66.7M
Rd Expenses 4.3M 3.4M 7.9M 15.3M 50.7M
Finance Expenses 31.6M 12.4M 28.2M 37.7M 37.7M
+Operating Income 406.0M 394.0M 303.0M 206.0M 300.0M
Operating Margin % 18.2% 18.2% 15.4% 11.5% 17.8%
Non Operating Income 6.0M 101,900 12.2M 744,100 17.8M
Non Operating Expenses 3.3M 1.4M 418,900 659,200 304,500
Investment Income -6.7M -2.6M 634,800 1.7M 2.2M
Asset Disposal Income -18.6M 3.6M 24.0M -- --
Asset Impairment Loss 15.5M 14.7M 407,800 24.7M 24.6M
Other Income 65.2M 55.4M 59.0M 67.3M 53.0M
Income Before Tax 409.0M 393.0M 314.0M 206.0M 317.0M
Income Tax 117.0M 103.0M 76.9M 35.9M 68.5M
+Net Income 292.0M 290.0M 238.0M 170.0M 249.0M
Net Margin % 13.1% 13.4% 12.1% 9.5% 14.8%
Net Income Attributable 309.0M 303.0M 239.0M 194.0M 246.0M
Minority Interest -16.5M -13.3M -1.5M -24.3M 2.3M
Eps Basic 0.40 0.39 0.31 0.25 0.37
Eps Diluted 0.40 0.39 0.31 0.25 0.37
Line ItemFY 2025Dec 31, 2025FY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021
Cash And Equivalents 2.2B 1.5B 1.2B 1.4B 1.9B
Trading Financial Assets -- -- -- -- --
Accounts Receivable 950.0M 1.2B 943.0M 986.0M 831.0M
Notes And Accounts Receivable 950.0M 1.2B 943.0M 986.0M 831.0M
Prepayments 61.3M 85.4M 73.8M 53.0M 19.2M
Inventory 290.0M 294.0M 297.0M 296.0M 274.0M
Total Current Assets 3.7B 3.3B 2.8B 2.9B 3.4B
Long Term Equity Investment 20.6M 17.4M 434,300 608,800 783,000
Fixed Assets 2.3B 2.4B 2.5B 2.2B 2.1B
Fixed Assets Total 2.3B 2.4B 2.5B 2.2B 2.1B
Construction In Progress 111.0M 126.0M 95.7M 464.0M 224.0M
Construction In Progress Total 111.0M 126.0M 95.7M 464.0M 224.0M
Intangible Assets 86.3M 87.2M 83.2M 86.8M 90.8M
Long Term Deferred Expenses 201.0M 120.0M 117.0M 118.0M 127.0M
Total Non Current Assets 4.0B 3.8B 3.5B 3.5B 3.2B
Total Assets 7.7B 7.1B 6.3B 6.5B 6.6B
Short Term Borrowings -- -- -- -- --
Accounts Payable 200.0M 207.0M 127.0M 117.0M 92.8M
Advance Receipts -- -- -- -- --
Contract Liabilities 54.7M 98.7M 29.7M 51.4M 44.8M
Total Current Liabilities 681.0M 746.0M 577.0M 662.0M 717.0M
Long Term Borrowings -- -- 1.0M 239.0M 133.0M
Total Non Current Liabilities 1.5B 890.0M 493.0M 680.0M 948.0M
Total Liabilities 2.1B 1.6B 1.1B 1.3B 1.7B
Paid In Capital 776.0M 776.0M 776.0M 776.0M 776.0M
Capital Reserve 1.9B 1.9B 1.9B 1.9B 1.9B
Surplus Reserve 388.0M 380.0M 349.0M 326.0M 302.0M
Retained Earnings 2.4B 2.2B 2.0B 1.8B 1.7B
Minority Equity 97.5M 114.0M 128.0M 202.0M 223.0M
Equity Attributable 5.5B 5.3B 5.1B 4.9B 4.7B
Total Equity 5.6B 5.4B 5.2B 5.1B 5.0B
Line ItemFY 2025Dec 31, 2025FY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021
Cash From Sales 2.6B 2.2B 2.1B 1.7B 1.8B
Tax Refunds Received 2.0M 873,600 9.9M 265.0M 9.4M
Total Operating Cash Inflow 2.8B 2.3B 2.2B 2.2B 2.0B
Cash Paid For Goods 933.0M 839.0M 905.0M 860.0M 601.0M
Cash Paid To Employees 582.0M 546.0M 510.0M 500.0M 457.0M
Taxes Paid 173.0M 121.0M 121.0M 68.5M 113.0M
Total Operating Cash Outflow 1.8B 1.6B 1.6B 1.6B 1.3B
Operating Cash Flow 988.0M 613.0M 583.0M 595.0M 729.0M
Total Investing Cash Inflow 919.0M 4.9M 60.2M 3.3M 97.0M
Total Investing Cash Outflow 1.3B 1.0B 273.0M 554.0M 316.0M
Investing Cash Flow -347.0M -1.0B -212.0M -551.0M -219.0M
Cash From Borrowings -- -- -- 200.0M --
Dividends And Interest Paid 146.0M 63.8M 58.4M 77.1M 73.7M
Debt Repayments 1.0M 14.0M 318.0M 449.0M 85.0M
Total Financing Cash Inflow 20.3M -- 53.7M 254.0M 1.1B
Total Financing Cash Outflow 373.0M 318.0M 639.0M 671.0M 410.0M
Financing Cash Flow -353.0M -318.0M -585.0M -417.0M 672.0M
Net Change In Cash 288.0M -714.0M -214.0M -372.0M 1.2B
Ending Cash Balance 797.0M 509.0M 1.2B 1.4B 1.8B
Capex 232.0M 165.0M 273.0M 554.0M 296.0M
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