招商公路 - Financials

招商公路 — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	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
+Revenue	12.7B	9.7B	8.3B	8.6B	7.1B	8.3B	6.8B	5.3B	5.1B	4.6B	4.4B
Revenue Growth %	30.6%	17.3%	-3.8%	22.0%	-14.7%	22.7%	26.5%	5.7%	10.2%	3.1%	--
Total Revenue	12.7B	9.7B	8.3B	8.6B	7.1B	8.3B	6.8B	5.3B	5.1B	4.6B	4.4B
Cost Of Revenue	8.4B	6.1B	5.4B	5.1B	4.6B	4.7B	3.7B	3.0B	2.8B	2.7B	2.7B
+Gross Profit	4.3B	3.6B	2.9B	3.6B	2.5B	3.6B	3.0B	2.3B	2.2B	1.9B	1.7B
Gross Margin %	34.1%	37.0%	35.1%	41.4%	34.9%	42.9%	44.9%	43.7%	44.2%	41.4%	39.0%
Total Operating Cost	11.4B	8.2B	7.2B	6.8B	6.3B	6.4B	5.2B	3.8B	3.7B	3.5B	3.2B
Selling Expenses	80.4M	97.1M	76.5M	71.0M	58.0M	60.9M	46.8M	58.0M	61.3M	62.2M	62.1M
Admin Expenses	672.0M	552.0M	520.0M	507.0M	426.0M	437.0M	370.0M	313.0M	387.0M	371.0M	331.0M
Rd Expenses	187.0M	189.0M	196.0M	184.0M	140.0M	152.0M	95.3M	114.0M	--	--	--
Finance Expenses	1.7B	1.1B	908.0M	796.0M	966.0M	949.0M	788.0M	217.0M	285.0M	103.0M	-74.1M
+Operating Income	6.4B	7.6B	5.0B	5.8B	2.8B	5.4B	4.8B	4.4B	4.0B	4.3B	3.5B
Operating Margin %	50.2%	77.8%	59.9%	67.5%	39.2%	64.7%	71.6%	82.6%	79.2%	93.2%	78.7%
Non Operating Income	62.5M	66.6M	682.0M	176.0M	395.0M	84.4M	59.6M	80.4M	88.8M	141.0M	110.0M
Non Operating Expenses	26.6M	29.0M	34.8M	62.8M	74.4M	90.4M	31.8M	23.0M	20.7M	19.0M	17.8M
Investment Income	5.0B	6.0B	3.5B	3.9B	2.0B	3.4B	3.2B	2.8B	2.6B	3.2B	2.3B
Fair Value Change Income	--	--	54.6M	580,000	--	1.0M	--	--	--	-147,100	473,700
Asset Disposal Income	9.9M	452,900	287.0M	5.5M	12.8M	471,300	-1.5M	4.7M	5.9M	--	--
Asset Impairment Loss	191.0M	67.5M	14.9M	160.0M	65.5M	7.9M	101.0M	15.0M	38.2M	121.0M	31.9M
Other Income	88.9M	67.1M	86.3M	64.5M	81.6M	23.7M	21.8M	9.0M	--	--	--
Income Before Tax	6.4B	7.6B	5.6B	5.9B	3.1B	5.4B	4.9B	4.5B	4.1B	4.4B	3.6B
Income Tax	482.0M	388.0M	360.0M	397.0M	513.0M	473.0M	499.0M	451.0M	501.0M	554.0M	311.0M
+Net Income	5.9B	7.2B	5.3B	5.5B	2.6B	4.9B	4.4B	4.0B	3.6B	3.8B	3.3B
Net Margin %	46.7%	74.2%	63.3%	64.2%	36.5%	58.9%	64.7%	75.2%	70.6%	83.8%	73.8%
Net Income Attributable	5.3B	6.8B	4.9B	5.0B	2.2B	4.3B	3.9B	3.4B	2.9B	3.3B	2.7B
Minority Interest	614.0M	449.0M	391.0M	568.0M	355.0M	540.0M	461.0M	651.0M	630.0M	562.0M	567.0M
Eps Basic	0.77	1.06	0.75	0.77	0.35	0.70	0.63	0.60	0.67	--	--
Eps Diluted	0.76	0.99	0.71	0.72	0.33	0.67	0.63	0.60	0.67	--	--

Line Item	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
Cash And Equivalents	9.2B	8.9B	4.4B	6.4B	6.8B	6.7B	7.1B	7.0B	3.1B	4.5B	2.3B
Trading Financial Assets	--	--	--	--	--	--	--	--	--	--	9.9M
Accounts Receivable	1.7B	1.9B	1.8B	1.4B	1.2B	1.6B	1.6B	1.2B	1.3B	1.1B	985.0M
Notes Receivable	15.1M	36.4M	55.8M	19.4M	15.1M	56.0M	50.4M	25.1M	15.5M	31.5M	8.7M
Notes And Accounts Receivable	1.7B	1.9B	1.8B	1.4B	1.2B	1.6B	1.6B	1.3B	1.4B	1.1B	993.0M
Prepayments	65.0M	78.4M	106.0M	85.6M	88.1M	166.0M	72.4M	115.0M	154.0M	70.5M	74.0M
Inventory	339.0M	367.0M	311.0M	217.0M	279.0M	1.8B	1.4B	1.2B	1.1B	1.1B	888.0M
Total Current Assets	15.0B	14.5B	12.1B	11.6B	10.9B	11.0B	11.7B	11.1B	7.2B	9.0B	7.3B
Long Term Equity Investment	53.3B	46.2B	46.7B	42.4B	38.2B	36.1B	28.2B	25.7B	23.9B	22.5B	21.8B
Fixed Assets	--	2.4B	1.1B	1.2B	1.3B	2.8B	2.8B	2.9B	3.1B	3.3B	2.0B
Fixed Assets Total	2.3B	2.4B	1.1B	1.2B	1.3B	2.8B	2.8B	2.9B	3.1B	3.3B	2.0B
Construction In Progress	--	306.0M	1.5B	62.1M	556.0M	1.8B	1.1B	565.0M	103.0M	243.0M	1.4B
Construction In Progress Total	508.0M	306.0M	1.5B	62.1M	556.0M	1.8B	1.1B	565.0M	103.0M	243.0M	1.4B
Intangible Assets	85.4B	92.0B	51.5B	37.6B	39.2B	38.3B	39.4B	23.6B	19.6B	18.8B	11.3B
Long Term Deferred Expenses	651.0M	891.0M	962.0M	1.0B	109.0M	118.0M	109.0M	86.4M	102.0M	110.0M	30.5M
Total Non Current Assets	144.2B	143.0B	102.9B	86.7B	83.1B	80.0B	72.4B	54.1B	48.2B	46.5B	38.4B
Total Assets	159.2B	157.5B	114.9B	98.3B	94.0B	91.0B	84.1B	65.2B	55.4B	55.4B	45.8B
Short Term Borrowings	2.4B	2.7B	1.3B	400.0M	2.7B	2.5B	618.0M	3.0B	3.5B	3.4B	303.0M
Accounts Payable	2.3B	2.1B	2.0B	1.8B	1.7B	1.7B	1.2B	1.3B	1.5B	1.7B	1.9B
Advance Receipts	252.0M	233.0M	123.0M	352.0M	7.1M	803.0M	715.0M	639.0M	520.0M	363.0M	335.0M
Contract Liabilities	1.0B	923.0M	878.0M	751.0M	950.0M	--	--	--	--	--	--
Total Current Liabilities	16.2B	17.2B	9.7B	9.7B	11.1B	11.2B	6.9B	9.3B	7.9B	15.3B	10.1B
Long Term Borrowings	38.3B	38.6B	19.1B	11.0B	11.7B	11.5B	17.3B	3.6B	2.0B	4.7B	2.6B
Total Non Current Liabilities	54.2B	58.1B	37.5B	25.3B	23.2B	25.8B	27.4B	9.5B	4.2B	7.0B	5.2B
Total Liabilities	70.4B	75.3B	47.3B	35.0B	34.3B	37.0B	34.3B	18.8B	12.1B	22.3B	15.2B
Paid In Capital	6.8B	6.3B	6.2B	6.2B	6.2B	6.2B	6.2B	6.2B	5.6B	1.5B	1.5B
Capital Reserve	33.7B	29.0B	28.5B	28.7B	28.9B	29.1B	28.8B	29.2B	25.9B	13.5B	13.7B
Surplus Reserve	3.2B	2.6B	2.2B	1.8B	1.4B	1.2B	865.0M	644.0M	425.0M	1.2B	888.0M
Retained Earnings	22.9B	21.9B	18.3B	16.2B	13.0B	12.6B	9.9B	7.6B	5.7B	9.3B	7.4B
Minority Equity	17.6B	17.1B	7.1B	5.0B	4.8B	4.5B	4.3B	3.1B	6.0B	7.7B	7.0B
Equity Attributable	71.2B	65.1B	60.5B	58.3B	55.0B	49.5B	45.5B	43.3B	37.3B	25.4B	23.6B
Total Equity	88.8B	82.1B	67.7B	63.3B	59.7B	54.0B	49.8B	46.4B	43.3B	33.1B	30.6B

Line Item	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
Cash From Sales	12.7B	9.3B	8.5B	8.4B	6.9B	8.3B	6.6B	5.9B	5.0B	4.6B	4.9B
Tax Refunds Received	9.0M	7.0M	89.8M	9.6M	19.7M	11.8M	27.4M	20.0M	12.8M	9.9M	10.0M
Total Operating Cash Inflow	14.0B	10.6B	9.6B	12.3B	9.0B	10.0B	8.4B	7.4B	7.5B	6.2B	5.7B
Cash Paid For Goods	2.6B	2.5B	2.3B	2.1B	1.9B	2.4B	2.0B	1.7B	1.2B	1.4B	1.5B
Cash Paid To Employees	1.7B	1.6B	1.5B	1.3B	1.2B	1.2B	987.0M	847.0M	905.0M	792.0M	770.0M
Taxes Paid	1.2B	820.0M	1.0B	761.0M	754.0M	990.0M	642.0M	441.0M	795.0M	468.0M	559.0M
Total Operating Cash Outflow	6.9B	6.2B	5.8B	7.7B	5.8B	5.7B	4.7B	4.4B	5.2B	3.9B	3.2B
Operating Cash Flow	7.1B	4.4B	3.9B	4.6B	3.2B	4.3B	3.7B	3.0B	2.3B	2.3B	2.5B
Total Investing Cash Inflow	5.8B	3.2B	2.2B	2.0B	3.9B	2.1B	2.1B	1.4B	1.5B	2.8B	2.4B
Total Investing Cash Outflow	7.5B	2.8B	6.4B	4.4B	8.8B	4.4B	9.1B	828.0M	3.4B	3.9B	2.6B
Investing Cash Flow	-1.7B	405.0M	-4.2B	-2.4B	-4.9B	-2.3B	-7.0B	603.0M	-1.9B	-1.1B	-195.0M
Cash From Borrowings	22.1B	11.7B	22.8B	8.2B	17.9B	8.4B	8.4B	4.1B	8.9B	4.9B	2.4B
Dividends And Interest Paid	6.3B	4.3B	4.0B	2.5B	3.3B	3.0B	2.8B	2.0B	3.9B	4.9B	1.7B
Debt Repayments	21.2B	7.7B	20.5B	8.2B	17.8B	7.5B	5.1B	4.7B	13.2B	3.7B	3.8B
Total Financing Cash Inflow	22.4B	13.5B	26.4B	8.2B	23.2B	8.4B	11.4B	7.2B	20.2B	10.8B	3.5B
Total Financing Cash Outflow	27.6B	13.8B	28.1B	10.8B	21.4B	10.8B	8.1B	6.9B	21.8B	9.8B	6.7B
Financing Cash Flow	-5.2B	-285.0M	-1.7B	-2.6B	1.9B	-2.5B	3.3B	352.0M	-1.6B	918.0M	-3.2B
Net Change In Cash	286.0M	4.6B	-2.0B	-417.0M	164.0M	-471.0M	48.1M	3.9B	-1.3B	2.2B	-832.0M
Ending Cash Balance	9.2B	8.9B	4.3B	6.4B	6.8B	6.6B	7.0B	7.0B	3.1B	4.4B	2.3B
Capex	1.2B	539.0M	748.0M	768.0M	1.5B	836.0M	760.0M	577.0M	609.0M	623.0M	1.2B