山东海化 - Financials

山东海化 — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2025Dec 31, 2025	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006
+Revenue	4.7B	6.0B	8.5B	9.7B	6.7B	3.7B	4.6B	5.3B	4.8B	3.4B	3.5B	4.9B	4.3B	4.9B	7.5B	6.9B	5.5B	8.6B	8.7B	8.4B
Revenue Growth %	-21.1%	-29.5%	-12.2%	44.7%	82.0%	-20.2%	-12.2%	9.3%	43.3%	-4.6%	-27.5%	12.5%	-12.7%	-34.4%	8.8%	26.8%	-36.4%	-1.5%	3.8%	--
Total Revenue	4.7B	6.0B	8.5B	9.7B	6.7B	3.7B	4.6B	5.3B	4.8B	3.4B	3.5B	4.9B	4.3B	4.9B	7.5B	6.9B	5.5B	8.6B	8.7B	8.4B
Cost Of Revenue	4.3B	5.2B	6.6B	7.8B	5.3B	3.5B	4.0B	4.3B	3.7B	2.8B	3.0B	4.2B	4.2B	4.9B	6.3B	6.0B	5.3B	7.5B	7.5B	7.3B
+Gross Profit	420.0M	841.0M	2.0B	1.9B	1.4B	194.0M	610.0M	984.0M	1.2B	554.0M	526.0M	623.0M	139.0M	71.0M	1.3B	968.0M	132.0M	1.0B	1.2B	1.1B
Gross Margin %	8.9%	14.0%	22.9%	20.0%	20.8%	5.3%	13.2%	18.7%	24.0%	16.5%	14.9%	12.8%	3.2%	1.4%	16.9%	14.0%	2.4%	12.0%	14.3%	12.7%
Total Operating Cost	6.2B	6.1B	7.2B	8.4B	5.8B	4.0B	4.4B	4.7B	4.1B	3.2B	3.4B	4.8B	5.5B	5.7B	7.0B	6.8B	6.4B	8.3B	8.1B	7.9B
Selling Expenses	107.0M	77.2M	79.8M	77.6M	47.2M	41.2M	156.0M	163.0M	158.0M	132.0M	148.0M	152.0M	151.0M	212.0M	279.0M	276.0M	192.0M	257.0M	253.0M	194.0M
Admin Expenses	291.0M	323.0M	322.0M	296.0M	229.0M	176.0M	164.0M	206.0M	157.0M	159.0M	94.0M	207.0M	261.0M	255.0M	223.0M	267.0M	225.0M	203.0M	161.0M	221.0M
Rd Expenses	128.0M	107.0M	116.0M	92.5M	2.5M	567,900	1.3M	--	--	--	--	--	--	--	--	--	--	--	--	--
Finance Expenses	5.2M	-2.3M	-7.6M	-2.8M	-580,000	-12.3M	-3.9M	5.7M	4.7M	8.5M	21.6M	116.0M	130.0M	119.0M	135.0M	126.0M	157.0M	154.0M	156.0M	131.0M
+Operating Income	-1.3B	44.6M	1.4B	1.5B	1.0B	-300.0M	240.0M	609.0M	700.0M	217.0M	191.0M	122.0M	-1.1B	-765.0M	491.0M	120.0M	-927.0M	287.0M	605.0M	459.0M
Operating Margin %	-27.9%	0.7%	15.9%	15.1%	15.4%	-8.1%	5.2%	11.6%	14.5%	6.5%	5.4%	2.5%	-26.7%	-15.5%	6.5%	1.7%	-17.0%	3.3%	6.9%	5.5%
Non Operating Income	6.8M	6.9M	5.8M	2.4M	2.7M	3.6M	15.7M	13.8M	5.3M	39.0M	7.4M	84.5M	15.4M	40.7M	29.3M	46.4M	47.6M	27.9M	26.2M	16.8M
Non Operating Expenses	1.9M	3.0M	7.5M	37.5M	7.8M	1.8M	39.4M	4.6M	36.5M	401.0M	5.9M	17.6M	4.3M	22.8M	13.9M	62.9M	38.0M	34.2M	11.5M	10.4M
Investment Income	-12.7M	3.0M	57.5M	127.0M	6.6M	4.9M	5.6M	6.2M	8.8M	2.3M	25.0M	45.8M	-775,200	30.7M	6.3M	8.7M	11.4M	13.3M	24.6M	-1.4M
Fair Value Change Income	89.5M	81.8M	-171,100	326,100	--	--	--	--	--	--	--	--	--	--	--	-699,000	699,000	-6.5M	-181,800	181,800
Asset Disposal Income	--	7.3M	5.5M	9.0M	105.0M	6.3M	49.3M	34.5M	-1.8M	17.3M	--	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	1.2B	293.0M	9.1M	31.3M	78.0M	252.0M	42.0M	-18.2M	75.3M	-16.5M	26.3M	16.6M	691.0M	214.0M	55.9M	110.0M	440.0M	71.3M	35.0M	16.2M
Other Income	16.8M	10.1M	4.7M	38.4M	11.2M	12.3M	4.2M	19.4M	2.0M	--	--	--	--	--	--	--	--	--	--	--
Income Before Tax	-1.3B	48.5M	1.4B	1.4B	1.0B	-298.0M	217.0M	618.0M	669.0M	-144.0M	192.0M	189.0M	-1.1B	-747.0M	506.0M	103.0M	-918.0M	281.0M	620.0M	466.0M
Income Tax	69.0M	9.3M	306.0M	327.0M	275.0M	-46.7M	53.1M	31.3M	10.9M	-20.9M	69.9M	42.6M	101.0M	-205.0M	134.0M	43.2M	-178.0M	63.6M	198.0M	135.0M
+Net Income	-1.4B	39.2M	1.0B	1.1B	751.0M	-252.0M	164.0M	587.0M	658.0M	-123.0M	122.0M	147.0M	-1.2B	-542.0M	372.0M	60.0M	-740.0M	217.0M	422.0M	330.0M
Net Margin %	-29.3%	0.7%	12.2%	11.4%	11.2%	-6.8%	3.5%	11.2%	13.7%	-3.7%	3.5%	3.0%	-28.7%	-11.0%	4.9%	0.9%	-13.6%	2.5%	4.8%	3.9%
Net Income Attributable	-1.4B	39.2M	1.0B	1.1B	751.0M	-252.0M	163.0M	587.0M	685.0M	-123.0M	123.0M	165.0M	-1.1B	-520.0M	389.0M	43.5M	-705.0M	210.0M	349.0M	296.0M
Minority Interest	--	200.00	-140,400	549,200	707,600	498,000	529,600	386,400	-27.2M	-332,400	-478,700	-18.7M	-111.0M	-22.3M	-16.5M	16.4M	-34.7M	7.1M	73.3M	34.5M
Eps Basic	-1.55	0.04	1.17	1.24	0.84	-0.28	0.18	0.66	0.77	-0.14	0.14	0.18	-1.26	-0.58	0.43	0.05	-0.79	0.23	0.43	0.40
Eps Diluted	-1.55	0.04	1.17	1.24	0.84	-0.28	0.18	0.66	0.77	-0.14	0.14	0.18	-1.26	-0.58	0.43	0.05	-0.79	0.23	0.40	0.35

Line Item	FY 2025Dec 31, 2025	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006
Cash And Equivalents	2.1B	2.2B	956.0M	1.3B	1.4B	356.0M	906.0M	460.0M	213.0M	278.0M	403.0M	409.0M	458.0M	267.0M	269.0M	304.0M	634.0M	600.0M	710.0M	871.0M
Trading Financial Assets	--	200.0M	--	60.3M	--	--	--	--	--	--	--	--	--	--	--	--	878,000	4.8M	--	383,800
Accounts Receivable	12.5M	7.0M	85.0M	44.5M	77.4M	12.6M	3.7M	51.1M	96.2M	104.0M	185.0M	162.0M	134.0M	170.0M	171.0M	209.0M	274.0M	269.0M	355.0M	395.0M
Notes Receivable	--	--	--	--	--	--	--	1.2B	1.3B	914.0M	642.0M	648.0M	840.0M	496.0M	912.0M	604.0M	446.0M	532.0M	752.0M	776.0M
Notes And Accounts Receivable	12.5M	7.0M	85.0M	44.5M	77.4M	12.6M	3.7M	1.2B	1.4B	1.0B	827.0M	810.0M	973.0M	666.0M	1.1B	813.0M	720.0M	801.0M	1.1B	1.2B
Prepayments	22.1M	19.2M	11.1M	32.7M	169.0M	16.8M	13.7M	47.8M	53.8M	3.3M	5.3M	4.6M	18.9M	55.7M	71.9M	86.2M	112.0M	368.0M	764.0M	890.0M
Inventory	187.0M	569.0M	272.0M	402.0M	724.0M	503.0M	425.0M	364.0M	443.0M	259.0M	347.0M	344.0M	401.0M	367.0M	470.0M	513.0M	476.0M	683.0M	557.0M	539.0M
Total Current Assets	3.3B	4.8B	4.6B	3.9B	3.5B	1.9B	2.1B	2.2B	2.1B	1.6B	1.6B	1.6B	1.9B	1.4B	2.0B	1.8B	2.0B	2.6B	3.4B	3.6B
Long Term Equity Investment	2.4B	104.0M	105.0M	53.3M	51.4M	53.5M	48.6M	53.5M	47.3M	38.6M	49.6M	46.0M	55.2M	69.4M	103.0M	61.9M	66.5M	65.8M	302.0M	94.0M
Fixed Assets	2.1B	2.7B	2.4B	2.4B	2.3B	2.1B	2.1B	2.0B	1.7B	1.7B	1.7B	1.8B	3.0B	3.7B	4.2B	4.7B	3.9B	4.5B	4.0B	3.2B
Fixed Assets Total	2.1B	2.7B	2.4B	2.4B	2.3B	2.1B	2.1B	2.1B	1.8B	1.7B	1.7B	1.8B	3.0B	3.7B	4.2B	4.7B	3.9B	4.5B	4.1B	3.2B
Construction In Progress	162.0M	34.6M	253.0M	150.0M	110.0M	31.2M	26.9M	77.8M	74.5M	121.0M	83.1M	126.0M	92.1M	259.0M	156.0M	97.3M	1.2B	1.0B	886.0M	1.0B
Construction In Progress Total	162.0M	34.6M	253.0M	151.0M	112.0M	34.5M	29.3M	80.3M	93.9M	124.0M	84.3M	128.0M	92.1M	259.0M	156.0M	97.7M	1.2B	1.1B	899.0M	1.0B
Intangible Assets	214.0M	111.0M	105.0M	114.0M	102.0M	88.5M	83.1M	85.2M	84.8M	85.4M	89.7M	91.7M	138.0M	148.0M	186.0M	206.0M	221.0M	191.0M	220.0M	167.0M
Long Term Deferred Expenses	1.6M	432,700	649,000	865,300	1.1M	--	--	--	--	--	--	--	--	--	--	--	--	--	460,700	680,000
Total Non Current Assets	5.6B	3.8B	3.5B	3.0B	2.7B	2.4B	2.4B	2.4B	2.2B	2.2B	2.1B	2.3B	3.5B	4.6B	4.8B	5.3B	5.7B	5.9B	5.5B	4.5B
Total Assets	8.8B	8.6B	8.1B	6.9B	6.2B	4.3B	4.5B	4.6B	4.3B	3.8B	3.7B	3.9B	5.4B	6.0B	6.8B	7.1B	7.7B	8.5B	8.9B	8.1B
Short Term Borrowings	1.4B	--	--	--	80.0M	--	--	--	--	--	429.0M	280.0M	1.6B	1.7B	1.7B	1.7B	2.1B	1.7B	1.3B	709.0M
Accounts Payable	772.0M	791.0M	596.0M	1.2B	756.0M	603.0M	579.0M	630.0M	842.0M	528.0M	400.0M	395.0M	691.0M	455.0M	420.0M	469.0M	521.0M	485.0M	555.0M	564.0M
Advance Receipts	5.1M	5.4M	6.5M	8.4M	14.2M	8.4M	134.0M	109.0M	115.0M	105.0M	60.9M	65.3M	91.8M	86.2M	109.0M	142.0M	156.0M	121.0M	269.0M	327.0M
Contract Liabilities	67.9M	92.5M	138.0M	246.0M	286.0M	196.0M	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	4.1B	2.8B	2.4B	2.6B	2.2B	1.2B	961.0M	970.0M	1.2B	1.1B	1.3B	1.6B	2.9B	2.5B	2.7B	3.4B	3.7B	3.6B	3.8B	3.5B
Long Term Borrowings	425.0M	216.0M	189.0M	--	--	--	--	--	--	--	--	--	300.0M	80.0M	120.0M	75.0M	450.0M	600.0M	573.0M	878.0M
Total Non Current Liabilities	924.0M	584.0M	523.0M	212.0M	105.0M	107.0M	227.0M	267.0M	337.0M	506.0M	149.0M	144.0M	408.0M	143.0M	177.0M	125.0M	495.0M	641.0M	749.0M	1.6B
Total Liabilities	5.0B	3.4B	2.9B	2.8B	2.3B	1.3B	1.2B	1.2B	1.5B	1.6B	1.4B	1.7B	3.4B	2.7B	2.8B	3.5B	4.2B	4.2B	4.5B	5.1B
Paid In Capital	895.0M	895.0M	895.0M	895.0M	895.0M	895.0M	895.0M	895.0M	895.0M	895.0M	895.0M	895.0M	895.0M	895.0M	895.0M	895.0M	895.0M	895.0M	862.0M	736.0M
Capital Reserve	1.1B	1.1B	1.1B	1.0B	1.7B	1.5B	1.5B	1.5B	1.5B	1.5B	1.5B	1.5B	1.5B	1.5B	1.5B	1.5B	1.5B	1.5B	1.8B	944.0M
Surplus Reserve	448.0M	448.0M	448.0M	448.0M	448.0M	416.0M	416.0M	398.0M	340.0M	333.0M	333.0M	333.0M	333.0M	333.0M	333.0M	290.0M	288.0M	290.0M	288.0M	256.0M
Retained Earnings	1.3B	2.7B	2.7B	1.8B	952.0M	218.0M	550.0M	572.0M	88.4M	-590.0M	-467.0M	-589.0M	-725.0M	404.0M	1.0B	668.0M	596.0M	1.3B	1.2B	952.0M
Minority Equity	-18.4M	-18.4M	-18.4M	-28.3M	-28.9M	-29.6M	-30.1M	-30.6M	-31.0M	-3.3M	-3.0M	-2.5M	78.8M	190.0M	216.0M	238.0M	222.0M	257.0M	269.0M	166.0M
Equity Attributable	3.8B	5.2B	5.2B	4.2B	4.0B	3.0B	3.4B	3.4B	2.8B	2.1B	2.3B	2.1B	2.0B	3.1B	3.7B	3.3B	3.3B	4.0B	4.1B	2.9B
Total Equity	3.8B	5.2B	5.2B	4.1B	3.9B	3.0B	3.3B	3.3B	2.8B	2.1B	2.3B	2.1B	2.1B	3.3B	4.0B	3.6B	3.5B	4.2B	4.4B	3.1B

Line Item	FY 2025Dec 31, 2025	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006
Cash From Sales	5.0B	6.2B	5.2B	4.9B	3.4B	1.9B	2.5B	3.0B	2.2B	1.8B	2.2B	5.7B	4.3B	4.6B	7.9B	7.0B	4.6B	10.3B	10.6B	9.5B
Tax Refunds Received	15.5M	8.0M	--	6.0M	14.7M	5.3M	--	1.2M	--	--	--	3.3M	11.9M	11.6M	38.8M	54.4M	78.8M	29.5M	75.2M	87.3M
Total Operating Cash Inflow	5.3B	6.2B	5.3B	5.0B	3.6B	2.0B	2.6B	3.1B	2.3B	1.9B	2.2B	6.0B	4.4B	4.8B	8.1B	7.2B	4.7B	10.4B	10.7B	9.6B
Cash Paid For Goods	4.3B	3.1B	4.0B	2.3B	1.4B	1.9B	1.1B	1.8B	1.2B	872.0M	1.4B	4.4B	3.5B	3.7B	6.5B	5.6B	4.1B	8.8B	9.5B	8.3B
Cash Paid To Employees	806.0M	828.0M	881.0M	731.0M	731.0M	455.0M	491.0M	466.0M	415.0M	382.0M	348.0M	382.0M	387.0M	386.0M	379.0M	381.0M	293.0M	398.0M	250.0M	216.0M
Taxes Paid	213.0M	459.0M	643.0M	838.0M	509.0M	78.6M	280.0M	290.0M	387.0M	280.0M	273.0M	258.0M	248.0M	251.0M	504.0M	377.0M	292.0M	560.0M	528.0M	439.0M
Total Operating Cash Outflow	5.4B	4.6B	5.6B	4.0B	2.7B	2.5B	2.0B	2.8B	2.3B	1.6B	2.1B	5.1B	4.2B	4.4B	7.5B	6.5B	4.8B	9.9B	10.4B	9.0B
Operating Cash Flow	-104.0M	1.7B	-334.0M	1.0B	830.0M	-497.0M	587.0M	328.0M	-44.6M	288.0M	169.0M	963.0M	145.0M	341.0M	510.0M	715.0M	-108.0M	463.0M	339.0M	601.0M
Total Investing Cash Inflow	721.0M	102.0M	158.0M	85.3M	197.0M	44.7M	67.4M	56.3M	845,800	32.2M	12.4M	205.0M	4.2M	63.6M	136,800	47.3M	48.4M	264.0M	50.7M	29.5M
Total Investing Cash Outflow	2.9B	368.0M	326.0M	899.0M	69.4M	23.9M	33.8M	80.5M	31.9M	12.2M	14.4M	138.0M	78.0M	114.0M	164.0M	141.0M	101.0M	937.0M	696.0M	1.1B
Investing Cash Flow	-2.2B	-266.0M	-168.0M	-814.0M	128.0M	20.8M	33.6M	-24.1M	-31.1M	20.0M	-1.9M	67.4M	-73.9M	-50.9M	-164.0M	-93.9M	-52.7M	-673.0M	-645.0M	-1.1B
Cash From Borrowings	2.5B	56.1M	189.0M	220.0M	80.0M	--	--	--	--	--	626.0M	770.0M	2.2B	1.9B	3.1B	2.0B	3.3B	3.3B	2.6B	3.2B
Dividends And Interest Paid	19.6M	96.1M	92.4M	156.0M	99.0M	80.6M	179.0M	44.8M	--	10.8M	21.7M	98.7M	118.0M	212.0M	109.0M	127.0M	166.0M	250.0M	222.0M	176.0M
Debt Repayments	729.0M	--	--	300.0M	22.0M	--	--	--	--	429.0M	778.0M	1.7B	2.0B	1.9B	3.3B	2.8B	3.0B	3.0B	2.3B	2.8B
Total Financing Cash Inflow	2.7B	56.1M	189.0M	220.0M	80.0M	--	--	--	--	0.00	626.0M	820.0M	2.2B	1.9B	3.1B	2.0B	3.3B	3.4B	2.7B	3.3B
Total Financing Cash Outflow	1.3B	108.0M	102.0M	461.0M	126.0M	80.6M	179.0M	44.8M	--	440.0M	799.0M	1.9B	2.1B	2.2B	3.5B	2.9B	3.2B	3.3B	2.6B	3.0B
Financing Cash Flow	1.4B	-52.4M	87.2M	-241.0M	-45.7M	-80.6M	-179.0M	-44.8M	--	-440.0M	-173.0M	-1.1B	120.0M	-292.0M	-380.0M	-951.0M	182.0M	101.0M	85.5M	296.0M
Net Change In Cash	-914.0M	1.3B	-415.0M	-11.6M	912.0M	-557.0M	442.0M	259.0M	-75.7M	-132.0M	-6.0M	-48.6M	191.0M	-2.5M	-34.5M	-330.0M	33.7M	-110.0M	-224.0M	-159.0M
Ending Cash Balance	1.3B	2.2B	872.0M	1.3B	1.3B	339.0M	896.0M	454.0M	195.0M	271.0M	403.0M	409.0M	458.0M	267.0M	269.0M	304.0M	634.0M	600.0M	710.0M	871.0M
Capex	174.0M	162.0M	185.0M	132.0M	29.4M	23.9M	33.8M	80.5M	31.9M	12.2M	14.4M	138.0M	78.0M	114.0M	164.0M	141.0M	87.2M	545.0M	650.0M	1.1B