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红棉股份 — 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 2.1B 2.6B 2.6B 2.6B 3.3B
Revenue Growth % -21.9% -0.3% 2.0% -22.0% --
Total Revenue 2.1B 2.6B 2.6B 2.6B 3.3B
Cost Of Revenue 1.8B 2.3B 2.3B 2.2B 3.1B
+Gross Profit 265.0M 325.0M 304.0M 340.0M 178.0M
Gross Margin % 12.9% 12.4% 11.5% 13.1% 5.4%
Total Operating Cost 2.0B 2.6B 2.8B 3.0B 9.8B
Selling Expenses 77.3M 107.0M 137.0M 187.0M 200.0M
Admin Expenses 77.3M 98.2M 143.0M 200.0M 146.0M
Rd Expenses 4.6M 20.6M 39.3M 54.5M 26.3M
Finance Expenses 12.2M 17.9M 29.4M 132.0M 220.0M
+Operating Income 165.0M 170.0M -9.7M 2.0B -4.2B
Operating Margin % 8.0% 6.5% -0.4% 77.9% -127.3%
Non Operating Income 2.1M 2.9M 1.8M 61.5M 1.9M
Non Operating Expenses 16.8M 110.0M 13.9M 255.0M 87.7M
Investment Income 5.2M 30.1M 131.0M 2.4B 11.9M
Asset Disposal Income 55.1M 39.9M 34.9M -87,600 2.3B
Asset Impairment Loss -8,600 -3.5M 4.8M 59.3M 188.0M
Other Income 21.6M 25.8M 18.2M 20.7M 20.5M
Income Before Tax 150.0M 62.8M -21.9M 1.8B -4.3B
Income Tax -394.0M -36.5M 11.7M 387.0M 436.0M
+Net Income 545.0M 99.3M -33.5M 1.4B -4.7B
Net Margin % 26.5% 3.8% -1.3% 55.5% -143.1%
Net Income Attributable 513.0M 74.8M -48.2M 1.5B -4.7B
Minority Interest 31.6M 24.5M 14.6M -21.0M -26.5M
Eps Basic 0.28 0.04 -0.03 0.91 -7.52
Eps Diluted 0.28 0.04 -0.03 0.91 -7.52
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 1.2B 1.2B 397.0M 892.0M 930.0M
Trading Financial Assets -- -- -- -- 59.0M
Accounts Receivable 296.0M 237.0M 235.0M 275.0M 239.0M
Notes Receivable 1.4M 4.5M -- -- 7.1M
Notes And Accounts Receivable 297.0M 242.0M 235.0M 275.0M 246.0M
Prepayments 14.2M 23.2M 87.6M 189.0M 145.0M
Inventory 337.0M 146.0M 542.0M 245.0M 299.0M
Total Current Assets 2.0B 1.7B 1.4B 1.7B 2.2B
Long Term Equity Investment 7.3M 9.4M 9.1M 28.4M 88.7M
Fixed Assets -- 429.0M 741.0M 795.0M 563.0M
Fixed Assets Total 518.0M 429.0M 741.0M 795.0M 563.0M
Construction In Progress -- 51.0M 81.4M 12.6M 248.0M
Construction In Progress Total 25.6M 51.0M 81.4M 12.6M 248.0M
Intangible Assets 65.2M 16.7M 57.3M 58.8M 61.9M
Long Term Deferred Expenses 281.0M 255.0M 284.0M 13.3M 7.7M
Total Non Current Assets 1.6B 1.5B 2.0B 1.0B 1.2B
Total Assets 3.6B 3.2B 3.4B 2.7B 3.4B
Short Term Borrowings 289.0M 20.1M 163.0M 113.0M 3.3B
Accounts Payable 116.0M 104.0M 192.0M 228.0M 584.0M
Advance Receipts 1.1M 853,200 1.3M -- --
Contract Liabilities 24.7M 22.2M 65.7M 45.2M 94.1M
Total Current Liabilities 703.0M 425.0M 708.0M 958.0M 5.3B
Long Term Borrowings 48.5M 73.6M 145.0M 68.3M 498.0M
Total Non Current Liabilities 639.0M 1.2B 1.4B 726.0M 1.4B
Total Liabilities 1.3B 1.7B 2.1B 1.7B 6.7B
Paid In Capital 1.8B 1.8B 1.6B 1.6B 628.0M
Capital Reserve 2.8B 2.8B 2.8B 2.7B 915.0M
Surplus Reserve 60.2M 60.2M 60.2M 60.2M 60.2M
Retained Earnings -2.7B -3.3B -3.3B -3.3B -4.8B
Minority Equity 261.0M 158.0M 136.0M -17.0M -49.4M
Equity Attributable 2.0B 1.4B 1.2B 1.0B -3.2B
Total Equity 2.2B 1.6B 1.3B 1.0B -3.3B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 2.3B 2.8B 3.1B 2.8B 3.5B
Tax Refunds Received 201,900 2.5M 24.6M 1.5M 5.5M
Total Operating Cash Inflow 2.7B 3.0B 3.5B 3.0B 6.2B
Cash Paid For Goods 1.9B 1.9B 2.9B 2.5B 3.3B
Cash Paid To Employees 112.0M 155.0M 238.0M 209.0M 159.0M
Taxes Paid 198.0M 51.1M 386.0M 131.0M 82.5M
Total Operating Cash Outflow 2.5B 2.5B 3.7B 3.2B 8.1B
Operating Cash Flow 135.0M 504.0M -205.0M -142.0M -1.9B
Total Investing Cash Inflow 65.2M 117.0M 176.0M 511.0M 3.4B
Total Investing Cash Outflow 123.0M 187.0M 278.0M 297.0M 2.0B
Investing Cash Flow -58.3M -70.0M -102.0M 214.0M 1.4B
Cash From Borrowings 298.0M 66.6M 299.0M 1.8B 2.9B
Dividends And Interest Paid 7.5M 14.8M 27.9M 110.0M 153.0M
Debt Repayments 170.0M 267.0M 153.0M 1.9B 2.8B
Total Financing Cash Inflow 298.0M 661.0M 299.0M 1.9B 3.2B
Total Financing Cash Outflow 273.0M 364.0M 234.0M 2.0B 3.0B
Financing Cash Flow 25.4M 297.0M 64.8M -107.0M 295.0M
Net Change In Cash 102.0M 731.0M -242.0M -35.5M -148.0M
Ending Cash Balance 1.2B 1.1B 350.0M 567.0M 603.0M
Capex 58.4M 132.0M 185.0M 49.4M 108.0M
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