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张 裕A — 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 3.3B 4.4B 3.9B 4.0B 3.4B
Revenue Growth % -25.3% 11.9% -0.9% 16.4% --
Total Revenue 3.3B 4.4B 3.9B 4.0B 3.4B
Cost Of Revenue 1.4B 1.8B 1.7B 1.6B 1.5B
+Gross Profit 1.9B 2.6B 2.2B 2.3B 1.9B
Gross Margin % 57.5% 59.2% 57.1% 58.3% 55.7%
Total Operating Cost 3.0B 3.7B 3.3B 3.3B 2.8B
Selling Expenses 1.0B 1.2B 1.0B 999.0M 788.0M
Admin Expenses 314.0M 304.0M 288.0M 299.0M 291.0M
Rd Expenses 19.5M 17.4M 15.4M 10.9M 4.5M
Finance Expenses 12.8M 11.1M 7.3M 21.2M 20.4M
+Operating Income 426.0M 739.0M 622.0M 717.0M 655.0M
Operating Margin % 13.0% 16.9% 15.9% 18.1% 19.3%
Non Operating Income 5.0M 12.0M 6.8M 5.2M 11.9M
Non Operating Expenses 3.7M 3.4M 3.0M 6.3M 1.7M
Investment Income -4.4M 23.8M -3.4M -2.8M -2.2M
Asset Disposal Income 132.0M -134,100 -16.2M -11.9M -1.2M
Asset Impairment Loss 7.5M 13.5M 5.8M 19.9M 3.2M
Other Income 52.6M 51.5M 33.1M 48.2M 73.1M
Income Before Tax 428.0M 747.0M 626.0M 716.0M 665.0M
Income Tax 113.0M 221.0M 194.0M 209.0M 192.0M
+Net Income 314.0M 526.0M 431.0M 507.0M 473.0M
Net Margin % 9.6% 12.0% 11.0% 12.8% 13.9%
Net Income Attributable 305.0M 532.0M 429.0M 500.0M 471.0M
Minority Interest 9.1M -6.4M 2.7M 6.6M 2.2M
Eps Basic 0.45 0.78 0.63 0.73 0.69
Eps Diluted 0.45 0.78 0.63 0.73 0.69
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 1.8B 2.2B 1.7B 1.6B 1.2B
Trading Financial Assets -- -- -- -- --
Accounts Receivable 271.0M 382.0M 344.0M 291.0M 184.0M
Notes Receivable 1.0M 1.3M 2.7M 42.8M --
Notes And Accounts Receivable 272.0M 383.0M 347.0M 334.0M 184.0M
Prepayments 60.6M 61.5M 60.4M 75.2M 71.3M
Inventory 2.9B 2.8B 2.9B 2.8B 2.9B
Total Current Assets 5.6B 6.0B 5.5B 5.4B 5.0B
Long Term Equity Investment 34.9M 38.3M 41.4M 46.5M 48.3M
Fixed Assets -- 5.8B 6.0B 5.7B 5.7B
Fixed Assets Total 5.6B 5.8B 6.0B 5.7B 5.7B
Construction In Progress -- 3.3M 40.9M 590.0M 635.0M
Construction In Progress Total 10.2M 3.3M 40.9M 590.0M 635.0M
Intangible Assets 528.0M 543.0M 578.0M 618.0M 661.0M
Long Term Deferred Expenses 299.0M 307.0M 275.0M 285.0M 314.0M
Total Non Current Assets 6.9B 7.3B 7.6B 8.1B 8.1B
Total Assets 12.5B 13.3B 13.2B 13.5B 13.1B
Short Term Borrowings 216.0M 365.0M 389.0M 622.0M 689.0M
Accounts Payable 418.0M 473.0M 503.0M 493.0M 484.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 128.0M 175.0M 166.0M 147.0M 135.0M
Total Current Liabilities 1.6B 2.2B 2.0B 2.4B 2.2B
Long Term Borrowings 50.6M 66.6M 128.0M 176.0M 200.0M
Total Non Current Liabilities 111.0M 193.0M 329.0M 397.0M 353.0M
Total Liabilities 1.7B 2.3B 2.3B 2.8B 2.6B
Paid In Capital 672.0M 692.0M 685.0M 685.0M 685.0M
Capital Reserve 482.0M 651.0M 525.0M 525.0M 525.0M
Surplus Reserve 343.0M 343.0M 343.0M 343.0M 343.0M
Retained Earnings 9.2B 9.3B 9.1B 8.9B 8.7B
Minority Equity 153.0M 149.0M 247.0M 245.0M 237.0M
Equity Attributable 10.6B 10.8B 10.6B 10.4B 10.3B
Total Equity 10.8B 11.0B 10.8B 10.7B 10.5B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 3.5B 4.4B 3.7B 3.7B 3.3B
Tax Refunds Received 55.3M 37.8M 186.0M 48.7M 45.6M
Total Operating Cash Inflow 3.7B 4.6B 3.9B 3.8B 3.4B
Cash Paid For Goods 1.4B 1.4B 1.3B 957.0M 1.1B
Cash Paid To Employees 497.0M 491.0M 494.0M 508.0M 529.0M
Taxes Paid 704.0M 911.0M 718.0M 660.0M 704.0M
Total Operating Cash Outflow 3.3B 3.4B 3.1B 2.7B 2.9B
Operating Cash Flow 398.0M 1.2B 869.0M 1.1B 505.0M
Total Investing Cash Inflow 511.0M 273.0M 163.0M 104.0M 187.0M
Total Investing Cash Outflow 384.0M 596.0M 307.0M 280.0M 329.0M
Investing Cash Flow 127.0M -323.0M -144.0M -176.0M -142.0M
Cash From Borrowings 508.0M 574.0M 641.0M 847.0M 988.0M
Dividends And Interest Paid 377.0M 341.0M 333.0M 302.0M 532.0M
Debt Repayments 670.0M 768.0M 903.0M 1.0B 1.1B
Total Financing Cash Inflow 508.0M 677.0M 641.0M 855.0M 988.0M
Total Financing Cash Outflow 1.3B 1.2B 1.3B 1.4B 1.7B
Financing Cash Flow -767.0M -500.0M -615.0M -500.0M -706.0M
Net Change In Cash -245.0M 350.0M 110.0M 450.0M -345.0M
Ending Cash Balance 1.7B 2.0B 1.6B 1.5B 1.1B
Capex 94.6M 132.0M 199.0M 226.0M 156.0M
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