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隆平高科 — 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 8.6B 9.2B 7.5B 3.5B 3.3B
Revenue Growth % -7.1% 22.5% 115.0% 6.4% --
Total Revenue 8.6B 9.2B 7.5B 3.5B 3.3B
Cost Of Revenue 5.4B 5.6B 4.6B 2.3B 2.0B
+Gross Profit 3.1B 3.7B 2.9B 1.2B 1.3B
Gross Margin % 36.6% 39.8% 38.8% 34.3% 38.6%
Total Operating Cost 9.4B 8.8B 7.9B 3.9B 3.1B
Selling Expenses 983.0M 891.0M 805.0M 424.0M 382.0M
Admin Expenses 938.0M 988.0M 769.0M 364.0M 348.0M
Rd Expenses 674.0M 677.0M 591.0M 208.0M 193.0M
Finance Expenses 856.0M 398.0M 476.0M 100.0M 74.7M
+Operating Income -373.0M 363.0M -270.0M 216.0M 273.0M
Operating Margin % -4.4% 3.9% -3.6% 6.2% 8.3%
Non Operating Income 13.8M 29.1M 6.7M 2.2M 1.3M
Non Operating Expenses 11.1M 30.1M 31.7M 27.1M 24.5M
Investment Income 264.0M -39.1M -21.2M 583.0M 126.0M
Fair Value Change Income 41.5M -103.0M -16.4M 11.3M -124.0M
Asset Disposal Income -106,400 482,800 717,800 -14.2M 282,200
Asset Impairment Loss 387.0M 244.0M 451.0M 450.0M 32.4M
Other Income 145.0M 129.0M 99.0M 35.3M 73.2M
Income Before Tax -370.0M 362.0M -295.0M 191.0M 250.0M
Income Tax -210.0M -12.0M 137.0M 17.7M 17.7M
+Net Income -161.0M 374.0M -432.0M 173.0M 232.0M
Net Margin % -1.9% 4.1% -5.7% 4.9% 7.0%
Net Income Attributable 114.0M 200.0M -833.0M 62.4M 116.0M
Minority Interest -274.0M 173.0M 400.0M 111.0M 116.0M
Eps Basic 0.09 0.15 -0.64 0.05 0.09
Eps Diluted 0.09 0.15 -0.64 0.05 0.09
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 2.8B 3.9B 3.2B 1.9B 1.6B
Trading Financial Assets 367.0M 513.0M 378.0M 970.0M 132.0M
Accounts Receivable 1.8B 2.0B 1.7B 571.0M 735.0M
Notes Receivable -- 2.6M -- -- --
Notes And Accounts Receivable 1.8B 2.0B 1.7B 571.0M 735.0M
Prepayments 421.0M 287.0M 284.0M 139.0M 145.0M
Inventory 3.9B 4.6B 3.1B 1.9B 2.5B
Total Current Assets 9.9B 12.0B 9.3B 5.9B 6.1B
Long Term Equity Investment 591.0M 1.1B 1.2B 2.4B 2.2B
Fixed Assets -- 2.9B 2.4B 1.5B 1.4B
Fixed Assets Total 3.6B 2.9B 2.4B 1.5B 1.4B
Construction In Progress -- 1.0B 373.0M 260.0M 161.0M
Construction In Progress Total 268.0M 1.0B 373.0M 260.0M 161.0M
Intangible Assets 3.9B 4.6B 4.3B 1.3B 1.2B
Long Term Deferred Expenses 45.3M 30.8M 33.3M 34.5M 58.1M
Total Non Current Assets 14.0B 15.7B 13.8B 8.1B 7.8B
Total Assets 23.9B 27.7B 23.1B 14.0B 13.9B
Short Term Borrowings 4.8B 6.4B 5.3B 2.5B 2.8B
Accounts Payable 1.4B 1.5B 1.4B 491.0M 386.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 1.3B 2.0B 1.8B 1.1B 712.0M
Total Current Liabilities 10.7B 12.7B 11.2B 6.5B 4.6B
Long Term Borrowings 4.4B 4.1B 552.0M 939.0M 2.9B
Total Non Current Liabilities 5.2B 4.9B 1.3B 1.2B 2.9B
Total Liabilities 15.9B 17.6B 12.5B 7.7B 7.6B
Paid In Capital 1.3B 1.3B 1.3B 1.3B 1.3B
Capital Reserve 3.0B 3.0B 4.0B 3.2B 3.1B
Surplus Reserve 285.0M 195.0M 183.0M 183.0M 171.0M
Retained Earnings 1.6B 1.7B 1.5B 2.3B 2.3B
Minority Equity 3.3B 4.5B 4.5B 759.0M 778.0M
Equity Attributable 4.8B 5.6B 6.1B 5.5B 5.5B
Total Equity 8.0B 10.1B 10.6B 6.3B 6.3B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 7.8B 9.3B 8.1B 4.0B 3.5B
Tax Refunds Received 722,000 6.2M -- 6.3M 2.8M
Total Operating Cash Inflow 8.2B 10.0B 8.5B 4.4B 3.8B
Cash Paid For Goods 5.4B 6.8B 5.2B 1.9B 1.5B
Cash Paid To Employees 1.2B 1.3B 942.0M 517.0M 453.0M
Taxes Paid 82.8M 176.0M 142.0M 37.8M 35.6M
Total Operating Cash Outflow 7.7B 9.3B 7.0B 3.0B 2.4B
Operating Cash Flow 489.0M 719.0M 1.4B 1.4B 1.4B
Total Investing Cash Inflow 309.0M 405.0M 885.0M 430.0M 127.0M
Total Investing Cash Outflow 977.0M 2.6B 1.2B 1.0B 663.0M
Investing Cash Flow -669.0M -2.2B -337.0M -570.0M -536.0M
Cash From Borrowings 7.3B 10.2B 7.1B 3.3B 5.9B
Dividends And Interest Paid 772.0M 450.0M 393.0M 277.0M 360.0M
Debt Repayments 7.3B 6.6B 6.6B 3.7B 6.7B
Total Financing Cash Inflow 7.3B 10.2B 7.4B 3.4B 6.0B
Total Financing Cash Outflow 8.3B 8.0B 7.3B 4.1B 7.1B
Financing Cash Flow -992.0M 2.3B 103.0M -629.0M -1.0B
Net Change In Cash -1.2B 761.0M 1.2B 164.0M -211.0M
Ending Cash Balance 2.7B 3.9B 3.1B 1.8B 1.6B
Capex 831.0M 1.5B 944.0M 448.0M 300.0M
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