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海南海药 — 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 991.0M 1.5B 1.8B 2.1B 2.2B
Revenue Growth % -33.0% -16.9% -13.6% -6.4% --
Total Revenue 991.0M 1.5B 1.8B 2.1B 2.2B
Cost Of Revenue 642.0M 908.0M 1.0B 1.2B 1.2B
+Gross Profit 349.0M 571.0M 768.0M 831.0M 961.0M
Gross Margin % 35.2% 38.6% 43.2% 40.4% 43.7%
Total Operating Cost 2.1B 1.6B 2.1B 3.5B 3.1B
Selling Expenses 274.0M 369.0M 523.0M 628.0M 1.0B
Admin Expenses 228.0M 167.0M 198.0M 257.0M 280.0M
Rd Expenses 58.6M 55.1M 49.2M 197.0M 126.0M
Finance Expenses 176.0M 156.0M 167.0M 198.0M 164.0M
+Operating Income -1.6B -121.0M -61.5M -1.6B -709.0M
Operating Margin % -156.4% -8.2% -3.5% -75.3% -32.2%
Non Operating Income 816,400 2.6M 4.4M 2.9M 4.9M
Non Operating Expenses 12.0M 519,400 1.8M 7.7M 7.7M
Investment Income -68.4M -12.6M 255.0M 28.8M -5.1M
Fair Value Change Income -357.0M 30.4M -57.8M -191.0M 148.0M
Asset Disposal Income 944,900 -11,900 19.4M 3.4M 5.9M
Asset Impairment Loss 362.0M 1.1M 1.8M 374.0M 59.0M
Other Income 30.8M 23.3M 22.3M 25.7M 54.5M
Income Before Tax -1.6B -119.0M -58.9M -1.6B -712.0M
Income Tax 34.0M 16.8M -61.3M 41.7M -57.6M
+Net Income -1.6B -135.0M 2.4M -1.6B -655.0M
Net Margin % -160.9% -9.1% 0.1% -77.6% -29.8%
Net Income Attributable -1.5B -106.0M 10.5M -1.6B -580.0M
Minority Interest -70.0M -28.9M -8.1M -42.2M -74.4M
Eps Basic -1.18 -0.08 0.01 -1.20 -0.45
Eps Diluted -1.18 -0.08 0.01 -1.20 -0.45
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 330.0M 367.0M 395.0M 751.0M 1.3B
Trading Financial Assets 192.0M 566.0M 580.0M 846.0M 1.7B
Accounts Receivable 341.0M 362.0M 326.0M 483.0M 707.0M
Notes Receivable 60.5M 119.0M 32.0M 35.5M 313,300
Notes And Accounts Receivable 401.0M 480.0M 358.0M 518.0M 707.0M
Prepayments 11.2M 18.5M 25.0M 35.8M 75.1M
Inventory 375.0M 321.0M 277.0M 260.0M 301.0M
Total Current Assets 1.4B 2.5B 2.5B 3.5B 5.2B
Long Term Equity Investment 430.0M 627.0M 678.0M 503.0M 416.0M
Fixed Assets -- 1.5B 1.6B 1.8B 1.9B
Fixed Assets Total 1.7B 1.5B 1.6B 1.8B 1.9B
Construction In Progress -- 1.1B 1.1B 905.0M 647.0M
Construction In Progress Total 776.0M 1.1B 1.1B 905.0M 647.0M
Intangible Assets 711.0M 510.0M 345.0M 458.0M 408.0M
Long Term Deferred Expenses 34.2M 25.5M 30.9M 33.3M 34.3M
Total Non Current Assets 4.7B 4.9B 4.8B 4.8B 5.1B
Total Assets 6.1B 7.4B 7.4B 8.4B 10.3B
Short Term Borrowings 1.7B 1.8B 2.0B 1.5B 2.6B
Accounts Payable 402.0M 391.0M 443.0M 489.0M 552.0M
Advance Receipts 1.1M 741,300 412,000 30,000 --
Contract Liabilities 29.6M 23.8M 36.7M 45.1M 35.8M
Total Current Liabilities 4.3B 3.7B 4.0B 4.7B 5.0B
Long Term Borrowings 864.0M 902.0M 659.0M 686.0M 828.0M
Total Non Current Liabilities 1.2B 1.4B 1.0B 1.3B 1.3B
Total Liabilities 5.5B 5.2B 5.0B 6.0B 6.3B
Paid In Capital 1.3B 1.3B 1.3B 1.3B 1.3B
Capital Reserve 2.8B 2.8B 2.8B 2.8B 3.2B
Surplus Reserve 90.9M 90.9M 90.9M 90.9M 90.9M
Retained Earnings -3.6B -2.1B -2.0B -2.0B -442.0M
Minority Equity 65.1M 138.0M 172.0M 236.0M 266.0M
Equity Attributable 525.0M 2.1B 2.2B 2.1B 3.7B
Total Equity 590.0M 2.2B 2.3B 2.4B 4.0B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 1.4B 1.3B 1.6B 1.9B 2.1B
Tax Refunds Received 5.3M 28.5M 65.8M 7.5M 16.2M
Total Operating Cash Inflow 1.5B 1.4B 1.8B 2.1B 2.7B
Cash Paid For Goods 819.0M 548.0M 683.0M 833.0M 1.2B
Cash Paid To Employees 231.0M 244.0M 281.0M 294.0M 251.0M
Taxes Paid 70.0M 101.0M 82.1M 123.0M 178.0M
Total Operating Cash Outflow 1.5B 1.3B 1.7B 2.0B 2.8B
Operating Cash Flow -17.6M 104.0M 142.0M 108.0M -117.0M
Total Investing Cash Inflow 64.6M 154.0M 685.0M 1.1B 2.0B
Total Investing Cash Outflow 246.0M 237.0M 291.0M 522.0M 2.5B
Investing Cash Flow -181.0M -82.4M 394.0M 607.0M -517.0M
Cash From Borrowings 2.5B 3.1B 3.8B 2.2B 3.6B
Dividends And Interest Paid 114.0M 139.0M 167.0M 172.0M 205.0M
Debt Repayments 2.4B 3.1B 3.3B 3.2B 2.8B
Total Financing Cash Inflow 3.9B 3.8B 4.3B 4.9B 5.5B
Total Financing Cash Outflow 3.8B 3.9B 5.1B 5.5B 5.1B
Financing Cash Flow 155.0M -42.8M -762.0M -549.0M 457.0M
Net Change In Cash -43.1M -20.7M -224.0M 166.0M -181.0M
Ending Cash Balance 261.0M 304.0M 325.0M 549.0M 383.0M
Capex 176.0M 211.0M 264.0M 415.0M 769.0M
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