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航发控制 — 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 5.5B 5.3B 4.9B 4.2B 3.5B
Revenue Growth % 2.9% 7.7% 18.9% 18.3% --
Total Revenue 5.5B 5.3B 4.9B 4.2B 3.5B
Cost Of Revenue 3.9B 3.9B 3.6B 3.0B 2.5B
+Gross Profit 1.5B 1.4B 1.4B 1.2B 1.0B
Gross Margin % 28.1% 26.6% 27.8% 28.2% 29.2%
Total Operating Cost 4.7B 4.5B 4.3B 3.6B 3.1B
Selling Expenses 18.5M 16.2M 50.1M 29.2M 24.8M
Admin Expenses 442.0M 438.0M 417.0M 355.0M 385.0M
Rd Expenses 181.0M 172.0M 185.0M 152.0M 146.0M
Finance Expenses -80.7M -91.1M -49.3M 223,300 9.0M
+Operating Income 864.0M 826.0M 791.0M 600.0M 446.0M
Operating Margin % 15.8% 15.5% 16.0% 14.4% 12.7%
Non Operating Income 8.9M 21.1M 6.9M 2.7M 4.3M
Non Operating Expenses 4.9M 2.7M 3.8M 7.3M 3.4M
Investment Income 1.9M 8.0M 74.6M -- 1.6M
Asset Disposal Income 24,200 2.3M 119,600 69,900 --
Asset Impairment Loss 71.4M 39.2M 54.1M 41.6M 70.1M
Other Income 35.5M 17.7M 26.9M 30.9M 69.3M
Income Before Tax 868.0M 845.0M 794.0M 596.0M 447.0M
Income Tax 113.0M 115.0M 102.0M 80.7M 69.5M
+Net Income 755.0M 730.0M 692.0M 515.0M 377.0M
Net Margin % 13.8% 13.7% 14.0% 12.4% 10.7%
Net Income Attributable 750.0M 727.0M 688.0M 488.0M 373.0M
Minority Interest 4.4M 3.5M 3.9M 27.4M 4.0M
Eps Basic 0.57 0.55 0.52 0.40 0.32
Eps Diluted 0.57 0.55 0.52 0.40 0.32
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 3.0B 3.9B 3.5B 2.8B 1.8B
Trading Financial Assets -- 300.0M 400.0M 2.6B --
Accounts Receivable 2.8B 1.6B 1.1B 837.0M 1.0B
Notes Receivable 2.7B 2.5B 2.8B 2.8B 1.7B
Notes And Accounts Receivable 5.5B 4.0B 3.8B 3.6B 2.7B
Prepayments 83.2M 73.8M 59.6M 46.6M 39.2M
Inventory 1.5B 1.4B 1.4B 1.1B 996.0M
Total Current Assets 11.2B 11.1B 10.9B 10.2B 5.6B
Long Term Equity Investment -- -- -- -- --
Fixed Assets -- 2.9B 2.5B 2.5B 2.4B
Fixed Assets Total 3.5B 2.9B 2.5B 2.5B 2.4B
Construction In Progress -- 447.0M 264.0M 256.0M 220.0M
Construction In Progress Total 334.0M 447.0M 264.0M 256.0M 220.0M
Intangible Assets 810.0M 808.0M 817.0M 793.0M 758.0M
Long Term Deferred Expenses -- 2.2M 2.3M 2.4M 2.5M
Total Non Current Assets 5.1B 4.7B 4.1B 4.0B 3.6B
Total Assets 16.3B 15.8B 15.0B 14.2B 9.2B
Short Term Borrowings 6.5M 6.5M 20.5M 171.0M 231.0M
Accounts Payable 1.7B 1.3B 849.0M 619.0M 524.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 201.0M 392.0M 594.0M 870.0M 99.1M
Total Current Liabilities 3.0B 2.9B 2.6B 2.5B 1.6B
Long Term Borrowings -- -- -- -- --
Total Non Current Liabilities 383.0M 721.0M 966.0M 988.0M 824.0M
Total Liabilities 3.4B 3.6B 3.5B 3.5B 2.4B
Paid In Capital 1.3B 1.3B 1.3B 1.3B 1.1B
Capital Reserve 6.7B 6.7B 6.7B 6.7B 3.2B
Surplus Reserve 175.0M 151.0M 139.0M 116.0M 99.6M
Retained Earnings 4.2B 3.7B 3.0B 2.4B 2.0B
Minority Equity 600.0M 383.0M 320.0M 142.0M 407.0M
Equity Attributable 12.3B 11.8B 11.2B 10.5B 6.4B
Total Equity 12.9B 12.2B 11.5B 10.7B 6.8B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 4.3B 5.2B 4.6B 4.2B 2.9B
Tax Refunds Received 20.0M 13.2M 46.2M 5.9M 12.9M
Total Operating Cash Inflow 4.6B 5.7B 4.9B 4.5B 3.4B
Cash Paid For Goods 2.2B 2.3B 1.9B 1.5B 1.1B
Cash Paid To Employees 1.9B 1.8B 1.7B 1.6B 1.4B
Taxes Paid 441.0M 282.0M 178.0M 147.0M 98.0M
Total Operating Cash Outflow 4.9B 4.7B 4.1B 3.6B 3.0B
Operating Cash Flow -262.0M 983.0M 789.0M 894.0M 423.0M
Total Investing Cash Inflow 1.6B 2.1B 3.8B 1.4M 992,600
Total Investing Cash Outflow 2.1B 2.6B 3.9B 3.3B 435.0M
Investing Cash Flow -426.0M -503.0M -106.0M -3.3B -434.0M
Cash From Borrowings 6.5M 6.5M 20.5M 171.0M 231.0M
Dividends And Interest Paid 219.0M 76.0M 66.4M 77.6M 64.4M
Debt Repayments 6.5M 158.0M 171.0M 231.0M 413.0M
Total Financing Cash Inflow 65.6M 179.0M 228.0M 3.8B 422.0M
Total Financing Cash Outflow 252.0M 259.0M 265.0M 320.0M 478.0M
Financing Cash Flow -187.0M -79.8M -36.8M 3.4B -56.1M
Net Change In Cash -874.0M 403.0M 654.0M 1.0B -74.7M
Ending Cash Balance 3.0B 3.9B 3.5B 2.8B 1.8B
Capex 969.0M 1.0B 682.0M 704.0M 430.0M
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