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顺鑫农业 — 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 9.1B 10.6B 11.7B 14.9B 15.5B
Revenue Growth % -13.8% -9.3% -21.5% -4.1% --
Total Revenue 9.1B 10.6B 11.7B 14.9B 15.5B
Cost Of Revenue 5.8B 7.2B 8.0B 10.7B 11.1B
+Gross Profit 3.3B 3.4B 3.7B 4.1B 4.4B
Gross Margin % 36.0% 31.8% 31.7% 27.9% 28.4%
Total Operating Cost 8.6B 10.8B 12.1B 14.3B 14.8B
Selling Expenses 874.0M 1.2B 1.0B 867.0M 979.0M
Admin Expenses 754.0M 856.0M 859.0M 864.0M 800.0M
Rd Expenses 30.4M 30.5M 33.5M 33.0M 15.4M
Finance Expenses 10.8M 173.0M 160.0M 169.0M 243.0M
+Operating Income 528.0M 74.9M -374.0M 563.0M 715.0M
Operating Margin % 5.8% 0.7% -3.2% 3.8% 4.6%
Non Operating Income 3.2M 127,300 346,000 -- 72,500
Non Operating Expenses 17.7M 2.4M 3.7M 1.6M 14.3M
Investment Income 3.4M 289.0M 1.7M 8.1M 1.7M
Asset Disposal Income 39,900 -- -- 2,600 -84,200
Asset Impairment Loss 70.3M 173.0M 640.0M 70.5M 146.0M
Other Income -- -- -- -- 5.8M
Income Before Tax 514.0M 72.6M -377.0M 562.0M 701.0M
Income Tax 261.0M 371.0M 312.0M 456.0M 275.0M
+Net Income 252.0M -299.0M -689.0M 105.0M 426.0M
Net Margin % 2.8% -2.8% -5.9% 0.7% 2.7%
Net Income Attributable 231.0M -296.0M -673.0M 102.0M 420.0M
Minority Interest 21.3M -3.1M -15.9M 3.0M 6.3M
Eps Basic 0.31 -0.40 -0.91 0.14 0.57
Eps Diluted 0.31 -0.40 -0.91 0.14 0.57
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 6.9B 7.3B 8.6B 7.6B 8.8B
Trading Financial Assets -- -- -- -- --
Accounts Receivable 20.2M 38.1M 21.6M 28.6M 46.3M
Notes Receivable 229.0M 104.0M 146.0M 408.0M 379.0M
Notes And Accounts Receivable 249.0M 142.0M 168.0M 437.0M 425.0M
Prepayments 168.0M 37.5M 65.6M 124.0M 230.0M
Inventory 2.3B 2.2B 5.8B 5.5B 7.3B
Total Current Assets 10.1B 10.1B 15.2B 14.2B 17.2B
Long Term Equity Investment -- -- -- -- --
Fixed Assets -- 3.3B 3.1B 2.8B --
Fixed Assets Total 3.0B 3.3B 3.1B 2.8B 2.9B
Construction In Progress -- 49.9M 108.0M 379.0M 318.0M
Construction In Progress Total 47.3M 49.9M 108.0M 379.0M 318.0M
Intangible Assets 763.0M 787.0M 682.0M 702.0M 723.0M
Long Term Deferred Expenses 5.5M 13.4M 38.3M 66.3M 13.2M
Total Non Current Assets 4.9B 5.3B 5.1B 5.2B 4.4B
Total Assets 15.0B 15.4B 20.3B 19.4B 21.7B
Short Term Borrowings 2.8B 2.6B 2.5B 2.9B 4.1B
Accounts Payable 942.0M 907.0M 1.6B 1.2B 284.0M
Advance Receipts 13.0M 11.2M 50.4M 47.4M 51.4M
Contract Liabilities 1.8B 2.2B 3.9B 2.6B 5.1B
Total Current Liabilities 6.5B 7.3B 10.3B 9.0B 11.2B
Long Term Borrowings 1.4B 1.2B 2.3B 2.0B 2.7B
Total Non Current Liabilities 1.5B 1.3B 2.8B 2.6B 2.7B
Total Liabilities 7.9B 8.6B 13.2B 11.6B 13.9B
Paid In Capital 742.0M 742.0M 742.0M 742.0M 742.0M
Capital Reserve 2.6B 2.6B 2.6B 2.6B 2.6B
Surplus Reserve 882.0M 882.0M 882.0M 857.0M 810.0M
Retained Earnings 2.8B 2.6B 2.9B 3.6B 3.6B
Minority Equity 40.4M 19.2M 7.3M 23.2M 31.0M
Equity Attributable 7.0B 6.8B 7.1B 7.8B 7.7B
Total Equity 7.1B 6.8B 7.1B 7.8B 7.8B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 9.6B 10.6B 14.8B 13.9B 17.6B
Tax Refunds Received -- 60.7M 20.1M -- --
Total Operating Cash Inflow 9.8B 10.7B 15.0B 14.0B 17.7B
Cash Paid For Goods 6.4B 7.9B 9.7B 10.2B 12.0B
Cash Paid To Employees 681.0M 752.0M 770.0M 740.0M 647.0M
Taxes Paid 1.7B 1.9B 2.3B 2.6B 2.4B
Total Operating Cash Outflow 9.7B 11.4B 13.5B 14.4B 16.2B
Operating Cash Flow 112.0M -738.0M 1.4B -349.0M 1.5B
Total Investing Cash Inflow 3.5M 1.9B 1.8M 8.2M 7.5M
Total Investing Cash Outflow 73.1M 153.0M 162.0M 127.0M 169.0M
Investing Cash Flow -69.6M 1.7B -160.0M -119.0M -161.0M
Cash From Borrowings 3.4B 4.0B 4.2B 3.9B 5.8B
Dividends And Interest Paid 130.0M 207.0M 261.0M 330.0M 441.0M
Debt Repayments 3.6B 5.9B 4.3B 4.8B 6.1B
Total Financing Cash Inflow 3.4B 4.0B 4.2B 4.4B 5.9B
Total Financing Cash Outflow 3.7B 6.2B 4.6B 5.1B 6.6B
Financing Cash Flow -362.0M -2.1B -422.0M -719.0M -719.0M
Net Change In Cash -320.0M -1.2B 868.0M -1.2B 665.0M
Ending Cash Balance 6.9B 7.3B 8.4B 7.6B 8.7B
Capex 73.1M 153.0M 144.0M 120.0M 169.0M
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