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华联股份 — 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 1.4B 1.4B 1.1B 1.2B 890.0M
Revenue Growth % 2.4% 21.9% -8.0% 36.9% --
Total Revenue 1.4B 1.4B 1.1B 1.2B 890.0M
Cost Of Revenue 617.0M 578.0M 612.0M 585.0M 571.0M
+Gross Profit 781.0M 787.0M 508.0M 633.0M 319.0M
Gross Margin % 55.9% 57.7% 45.4% 52.0% 35.8%
Total Operating Cost 1.4B 1.4B 1.3B 1.4B 1.2B
Selling Expenses 408.0M 383.0M 272.0M 320.0M 303.0M
Admin Expenses 126.0M 133.0M 125.0M 155.0M 150.0M
Finance Expenses 254.0M 246.0M 228.0M 258.0M 175.0M
+Operating Income 46.4M 15.8M -154.0M 22.2M 38.7M
Operating Margin % 3.3% 1.2% -13.8% 1.8% 4.3%
Non Operating Income 16.0M 8.2M 8.2M 15.6M 10.1M
Non Operating Expenses 4.1M 1.7M 40.0M 207.0M 20.9M
Investment Income 60.8M 83.5M 44.5M 121.0M 274.0M
Fair Value Change Income 33.1M -56.8M -59.4M 32.4M 75.8M
Asset Disposal Income 161,100 -97,700 8.5M 916,100 -460,900
Asset Impairment Loss -- 12.8M 18.9M 22.4M 65.2M
Other Income 4.6M 13.9M 16.7M 19.5M 20.7M
Income Before Tax 58.3M 22.4M -186.0M -169.0M 27.9M
Income Tax 30.4M -7.7M -1.1M 8.1M 13.5M
+Net Income 27.9M 30.1M -185.0M -177.0M 14.4M
Net Margin % 2.0% 2.2% -16.5% -14.5% 1.6%
Net Income Attributable 20.3M 27.6M -189.0M -177.0M 23.0M
Minority Interest 7.6M 2.5M 4.0M -507,900 -8.6M
Eps Basic 0.01 0.01 -0.07 -0.06 0.01
Eps Diluted 0.01 0.01 -0.07 -0.06 0.01
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 1.2B 1.1B 1.2B 1.1B 1.1B
Trading Financial Assets 653.0M 511.0M 579.0M 709.0M 471.0M
Accounts Receivable 57.3M 51.7M 91.3M 60.5M 20.9M
Notes Receivable -- -- 21.0M -- --
Notes And Accounts Receivable 57.3M 51.7M 112.0M 60.5M 20.9M
Prepayments 4.6M 4.1M 2.5M 11.9M 277.0M
Inventory 631.0M 630.0M 592.0M 559.0M 780.0M
Total Current Assets 2.7B 2.5B 2.6B 2.5B 2.7B
Long Term Equity Investment 2.6B 2.7B 2.8B 3.1B 3.0B
Fixed Assets -- 32.5M 21.9M 29.3M 38.9M
Fixed Assets Total 27.5M 32.5M 21.9M 29.3M 38.9M
Construction In Progress -- 718.0M 1.7B 1.6B 1.6B
Construction In Progress Total 213.0M 718.0M 1.7B 1.6B 1.6B
Intangible Assets 239.0M 304.0M 417.0M 433.0M 453.0M
Long Term Deferred Expenses 725.0M 793.0M 556.0M 654.0M 717.0M
Total Non Current Assets 10.0B 10.6B 9.8B 10.5B 8.6B
Total Assets 12.7B 13.2B 12.4B 13.0B 11.3B
Short Term Borrowings 688.0M 506.0M 285.0M 180.0M 112.0M
Accounts Payable 265.0M 468.0M 341.0M 311.0M 339.0M
Advance Receipts 66.0M 75.1M 33.3M 69.0M 59.1M
Contract Liabilities 8.8M 9.0M 5.5M 5.0M 13.5M
Total Current Liabilities 2.2B 2.3B 2.3B 2.0B 2.2B
Long Term Borrowings 502.0M 425.0M 344.0M 731.0M 623.0M
Total Non Current Liabilities 3.6B 3.8B 3.1B 3.9B 1.0B
Total Liabilities 5.8B 6.0B 5.4B 5.8B 3.3B
Paid In Capital 2.7B 2.7B 2.7B 2.7B 2.7B
Capital Reserve 4.7B 4.9B 4.7B 4.7B 4.7B
Surplus Reserve 76.5M 76.5M 76.5M 76.5M 149.0M
Retained Earnings -662.0M -683.0M -630.0M -441.0M 402.0M
Minority Equity 12.9M 15.8M 18.2M 20.0M -32.6M
Equity Attributable 6.9B 7.1B 6.9B 7.1B 8.0B
Total Equity 6.9B 7.1B 6.9B 7.1B 8.0B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 1.8B 1.9B 1.1B 1.3B 1.1B
Tax Refunds Received -- -- 5.3M 741,100 --
Total Operating Cash Inflow 1.9B 2.0B 1.2B 1.5B 1.3B
Cash Paid For Goods 535.0M 389.0M 179.0M 229.0M 405.0M
Cash Paid To Employees 273.0M 269.0M 225.0M 219.0M 174.0M
Taxes Paid 84.3M 50.7M 77.8M 65.2M 56.9M
Total Operating Cash Outflow 1.2B 1.1B 684.0M 764.0M 909.0M
Operating Cash Flow 712.0M 821.0M 490.0M 751.0M 343.0M
Total Investing Cash Inflow 235.0M 196.0M 416.0M 442.0M 2.8B
Total Investing Cash Outflow 277.0M 202.0M 272.0M 161.0M 363.0M
Investing Cash Flow -42.7M -6.0M 144.0M 281.0M 2.5B
Cash From Borrowings 1.4B 525.0M 285.0M 460.0M 406.0M
Dividends And Interest Paid 79.6M 63.5M 94.2M 101.0M 155.0M
Debt Repayments 1.1B 759.0M 472.0M 445.0M 2.0B
Total Financing Cash Inflow 1.5B 565.0M 411.0M 578.0M 414.0M
Total Financing Cash Outflow 2.0B 1.5B 919.0M 1.6B 3.0B
Financing Cash Flow -583.0M -938.0M -508.0M -1.0B -2.6B
Net Change In Cash 89.4M -110.0M 121.0M 4.2M 163.0M
Ending Cash Balance 1.2B 1.1B 1.2B 1.1B 1.1B
Capex 276.0M 186.0M 254.0M 70.7M 257.0M
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