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*ST万方 — 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 391.0M 168.0M 158.0M 322.0M 111.0M
Revenue Growth % 132.7% 6.3% -50.9% 190.1% --
Total Revenue 391.0M 168.0M 158.0M 322.0M 111.0M
Cost Of Revenue 370.0M 162.0M 125.0M 228.0M 80.2M
+Gross Profit 21.0M 6.0M 33.0M 94.0M 30.8M
Gross Margin % 5.4% 3.6% 20.9% 29.2% 27.8%
Total Operating Cost 396.0M 216.0M 151.0M 295.0M 136.0M
Selling Expenses 2.8M 3.9M 2.0M 15.8M 12.6M
Admin Expenses 16.9M 15.8M 18.5M 34.7M 27.6M
Rd Expenses 4.2M 2.5M 998,200 5.9M 9.1M
Finance Expenses 4.2M 6.2M 5.6M 4.7M 2.0M
+Operating Income -22.9M -6.9M 9.0M 84.3M -21.8M
Operating Margin % -5.8% -4.1% 5.7% 26.2% -19.6%
Non Operating Income 33.3M 1.4M 900.00 1.6M 2.00
Non Operating Expenses 4.0M 3.5M 9,400 45,500 90,900
Investment Income -19.8M 35.5M 194,600 52.6M -5.0M
Asset Disposal Income -39,800 8,500 -- -25,600 -11,200
Asset Impairment Loss 718,000 15.6M 86,300 -- 2,000
Other Income 1.6M 5.6M 1.9M 4.6M 8.1M
Income Before Tax 6.4M -9.0M 9.0M 85.8M -21.9M
Income Tax 1.1M 1.9M 1.3M 4.8M -1.4M
+Net Income 5.3M -10.9M 7.8M 81.0M -20.4M
Net Margin % 1.4% -6.5% 4.9% 25.2% -18.4%
Net Income Attributable 10.7M -5.2M 4.2M 60.8M -17.1M
Minority Interest -5.3M -5.7M 3.6M 20.2M -3.4M
Eps Basic 0.03 -0.02 0.01 0.20 -0.06
Eps Diluted 0.03 -0.02 0.01 0.19 -0.06
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 51.4M 29.0M 99.2M 123.0M 31.2M
Trading Financial Assets 1.3M -- -- -- --
Accounts Receivable 39.2M 43.5M 35.1M 55.2M 48.2M
Notes Receivable 97,500 2.2M 8.0M 11.5M --
Notes And Accounts Receivable 39.3M 45.7M 43.2M 66.7M 48.2M
Prepayments 13.1M 8.2M 2.4M 33.5M 19.0M
Inventory 41.1M 37.4M 206.0M 173.0M 188.0M
Total Current Assets 161.0M 166.0M 365.0M 420.0M 314.0M
Long Term Equity Investment 20.7M 62.6M 60.1M -- 28.5M
Fixed Assets -- 54.5M 49.3M 43.4M 3.6M
Fixed Assets Total 34.5M 54.5M 49.3M 43.4M 3.6M
Construction In Progress -- 7.1M -- 5.7M --
Construction In Progress Total 8.8M 7.1M -- 5.7M --
Intangible Assets 22.4M 14.0M 14.1M 12.5M 64.2M
Long Term Deferred Expenses 1.6M 2.1M 1.5M 2.3M 1.5M
Total Non Current Assets 142.0M 299.0M 203.0M 142.0M 193.0M
Total Assets 302.0M 465.0M 568.0M 562.0M 507.0M
Short Term Borrowings 41.1M 65.7M 70.1M 71.1M 21.8M
Accounts Payable 24.5M 15.5M 23.0M 16.9M 22.4M
Advance Receipts 800,000 6.0M -- -- 6.0M
Contract Liabilities 12.0M 2.5M 2.2M 9.8M 56.4M
Total Current Liabilities 149.0M 226.0M 327.0M 306.0M 330.0M
Long Term Borrowings -- 7.0M 5.0M 5.0M --
Total Non Current Liabilities 5.4M 25.9M 12.1M 15.1M 8.8M
Total Liabilities 154.0M 252.0M 339.0M 321.0M 339.0M
Paid In Capital 311.0M 311.0M 310.0M 309.0M 309.0M
Capital Reserve 143.0M 145.0M 157.0M 156.0M 152.0M
Surplus Reserve 4.9M 4.9M 4.9M 4.9M 4.9M
Retained Earnings -278.0M -288.0M -283.0M -287.0M -348.0M
Minority Equity -3.2M 48.0M 47.1M 65.8M 58.8M
Equity Attributable 151.0M 165.0M 181.0M 175.0M 110.0M
Total Equity 148.0M 213.0M 228.0M 241.0M 168.0M
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 507.0M 181.0M 203.0M 296.0M 215.0M
Tax Refunds Received 79,600 284,700 315,000 5.4M 4.9M
Total Operating Cash Inflow 509.0M 207.0M 206.0M 325.0M 308.0M
Cash Paid For Goods 452.0M 180.0M 187.0M 202.0M 120.0M
Cash Paid To Employees 22.3M 21.5M 21.9M 89.3M 62.3M
Taxes Paid 3.8M 10.8M 3.2M 12.3M 14.6M
Total Operating Cash Outflow 491.0M 228.0M 220.0M 378.0M 310.0M
Operating Cash Flow 18.3M -21.5M -13.4M -52.8M -1.7M
Total Investing Cash Inflow 31.3M 83.7M 18.0M 296.0M 11.0M
Total Investing Cash Outflow 31.0M 88.9M 51.6M 230.0M 744,900
Investing Cash Flow 249,700 -5.2M -33.6M 65.9M 10.3M
Cash From Borrowings 6.1M 29.2M 80.0M 80.0M 17.8M
Dividends And Interest Paid 6.5M 1.7M 5.1M 3.0M 2.1M
Debt Repayments 13.5M 31.0M 85.3M 19.8M 13.0M
Total Financing Cash Inflow 53.5M 71.5M 176.0M 112.0M 17.8M
Total Financing Cash Outflow 49.6M 113.0M 153.0M 28.6M 15.1M
Financing Cash Flow 3.9M -41.3M 23.2M 83.2M 2.7M
Net Change In Cash 22.4M -68.0M -23.8M 96.4M 11.2M
Ending Cash Balance 51.4M 29.0M 97.1M 121.0M 24.4M
Capex 28.9M 10.9M 9.1M 35.0M 744,900
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