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海螺新材 — 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 5.3B 5.8B 5.5B 4.9B 3.9B
Revenue Growth % -9.0% 5.6% 13.1% 24.2% --
Total Revenue 5.3B 5.8B 5.5B 4.9B 3.9B
Cost Of Revenue 4.9B 5.3B 5.1B 4.4B 3.4B
+Gross Profit 419.0M 515.0M 373.0M 410.0M 466.0M
Gross Margin % 7.9% 8.9% 6.8% 8.4% 11.9%
Total Operating Cost 5.4B 5.8B 5.6B 5.0B 3.9B
Selling Expenses 162.0M 174.0M 157.0M 171.0M 158.0M
Admin Expenses 260.0M 254.0M 237.0M 220.0M 219.0M
Rd Expenses 42.7M 36.8M 17.7M 29.2M 12.0M
Finance Expenses 31.5M 46.2M 40.2M 23.1M 23.5M
+Operating Income -102.0M 5.8M -91.0M -153.0M 57.6M
Operating Margin % -1.9% 0.1% -1.7% -3.2% 1.5%
Non Operating Income 1.6M 2.4M 867,400 1.9M 1.4M
Non Operating Expenses 867,000 807,800 491,800 134,000 666,000
Investment Income 4.1M 5.8M 7.6M 5.1M 28.5M
Fair Value Change Income -- -- -- -73.9M --
Asset Disposal Income 423,200 -8,100 8.0M 31,400 88,300
Asset Impairment Loss 9.0M 5.9M 6.0M 26.0M 11.3M
Other Income 36.9M 45.4M 21.9M 19.4M 31.0M
Income Before Tax -101.0M 7.4M -90.6M -152.0M 58.3M
Income Tax 10.8M 10.7M -7.8M 2.2M 18.5M
+Net Income -112.0M -3.2M -82.8M -154.0M 39.8M
Net Margin % -2.1% -0.1% -1.5% -3.2% 1.0%
Net Income Attributable -106.0M -18.6M -92.2M -143.0M 32.4M
Minority Interest -5.9M 15.4M 9.4M -10.5M 7.4M
Eps Basic -0.24 -0.05 -0.26 -0.40 0.09
Eps Diluted -0.24 -0.05 -0.26 -0.40 0.09
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 705.0M 599.0M 731.0M 870.0M 647.0M
Trading Financial Assets -- -- -- 3.5M 21.0M
Accounts Receivable 826.0M 802.0M 727.0M 538.0M 419.0M
Notes Receivable 7.5M 3.9M 6.8M 6.6M 30.5M
Notes And Accounts Receivable 833.0M 806.0M 734.0M 545.0M 449.0M
Prepayments 163.0M 177.0M 196.0M 81.0M 159.0M
Inventory 1.0B 984.0M 1.0B 945.0M 631.0M
Total Current Assets 3.0B 2.9B 3.0B 3.4B 2.8B
Long Term Equity Investment 39.1M 35.3M 6.7M 62.7M 77.6M
Fixed Assets -- 1.7B 1.6B 1.6B 1.3B
Fixed Assets Total 1.6B 1.7B 1.6B 1.6B 1.3B
Construction In Progress -- 91.0M 32.2M 47.9M 254.0M
Construction In Progress Total 24.5M 91.0M 32.8M 48.0M 256.0M
Intangible Assets 345.0M 348.0M 334.0M 358.0M 345.0M
Long Term Deferred Expenses 6.0M 6.7M 6.9M 323,600 1.2M
Total Non Current Assets 2.1B 2.2B 2.0B 2.1B 2.0B
Total Assets 5.1B 5.1B 5.1B 5.5B 4.8B
Short Term Borrowings 1.0B 1.2B 1.0B 848.0M 967.0M
Accounts Payable 343.0M 327.0M 302.0M 227.0M 283.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 176.0M 137.0M 171.0M 147.0M 129.0M
Total Current Liabilities 1.8B 2.2B 1.8B 2.2B 1.6B
Long Term Borrowings 362.0M 309.0M 696.0M 592.0M 197.0M
Total Non Current Liabilities 417.0M 370.0M 750.0M 650.0M 261.0M
Total Liabilities 2.2B 2.6B 2.5B 2.9B 1.9B
Paid In Capital 441.0M 360.0M 360.0M 360.0M 360.0M
Capital Reserve 858.0M 441.0M 441.0M 441.0M 441.0M
Surplus Reserve 272.0M 272.0M 272.0M 272.0M 272.0M
Retained Earnings 1.0B 1.1B 1.2B 1.2B 1.4B
Minority Equity 358.0M 374.0M 352.0M 348.0M 395.0M
Equity Attributable 2.6B 2.2B 2.2B 2.3B 2.5B
Total Equity 2.9B 2.6B 2.6B 2.6B 2.9B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 5.0B 4.8B 3.4B 2.7B 3.0B
Tax Refunds Received 14.3M 9.6M 11.6M 9.9M 30.5M
Total Operating Cash Inflow 5.1B 4.9B 3.4B 2.7B 3.0B
Cash Paid For Goods 4.2B 3.8B 2.5B 2.0B 2.3B
Cash Paid To Employees 520.0M 536.0M 538.0M 494.0M 444.0M
Taxes Paid 138.0M 169.0M 99.7M 153.0M 136.0M
Total Operating Cash Outflow 5.0B 4.6B 3.2B 2.8B 3.0B
Operating Cash Flow 108.0M 231.0M 180.0M -94.7M 61.4M
Total Investing Cash Inflow 252.0M 204.0M 933.0M 264.0M 585.0M
Total Investing Cash Outflow 329.0M 629.0M 996.0M 465.0M 852.0M
Investing Cash Flow -77.0M -425.0M -63.0M -201.0M -267.0M
Cash From Borrowings 1.3B 1.4B 1.5B 1.5B 970.0M
Dividends And Interest Paid 45.9M 54.8M 65.0M 59.2M 45.6M
Debt Repayments 1.7B 1.3B 1.4B 971.0M 768.0M
Total Financing Cash Inflow 1.8B 1.4B 1.5B 1.5B 1.1B
Total Financing Cash Outflow 1.8B 1.4B 1.6B 1.1B 862.0M
Financing Cash Flow 63.8M -40.6M -86.6M 428.0M 271.0M
Net Change In Cash 81.5M -233.0M 49.1M 133.0M 58.7M
Ending Cash Balance 568.0M 486.0M 720.0M 670.0M 538.0M
Capex 48.4M 303.0M 154.0M 145.0M 207.0M
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