招商蛇口 - Financials

招商蛇口 — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2025Dec 31, 2025	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021
+Revenue	154.7B	178.9B	175.0B	183.0B	160.6B
Revenue Growth %	-13.5%	2.3%	-4.4%	13.9%	--
Total Revenue	154.7B	178.9B	175.0B	183.0B	160.6B
Cost Of Revenue	133.4B	152.8B	147.2B	147.8B	119.7B
+Gross Profit	21.3B	26.1B	27.8B	35.2B	40.9B
Gross Margin %	13.8%	14.6%	15.9%	19.2%	25.5%
Total Operating Cost	150.8B	174.0B	163.6B	170.5B	142.0B
Selling Expenses	4.0B	4.0B	4.3B	4.1B	3.9B
Admin Expenses	2.0B	2.1B	2.4B	2.3B	2.1B
Rd Expenses	114.0M	129.0M	158.0M	125.0M	116.0M
Finance Expenses	2.5B	1.9B	912.0M	2.0B	2.0B
+Operating Income	5.3B	9.0B	14.2B	15.4B	22.8B
Operating Margin %	3.4%	5.0%	8.1%	8.4%	14.2%
Non Operating Income	207.0M	247.0M	278.0M	575.0M	204.0M
Non Operating Expenses	288.0M	157.0M	472.0M	118.0M	115.0M
Investment Income	708.0M	3.9B	2.5B	2.0B	3.7B
Fair Value Change Income	517.0M	-36.3M	38.3M	472.0M	157.0M
Asset Disposal Income	49.2M	34.2M	-203,600	5.9M	6.8M
Asset Impairment Loss	3.5B	4.5B	2.3B	5.0B	3.4B
Other Income	70.9M	128.0M	206.0M	361.0M	252.0M
Income Before Tax	5.2B	9.1B	14.0B	15.8B	22.8B
Income Tax	4.5B	4.9B	4.9B	6.7B	7.6B
+Net Income	704.0M	4.2B	9.1B	9.1B	15.2B
Net Margin %	0.5%	2.3%	5.2%	5.0%	9.5%
Net Income Attributable	1.0B	4.0B	6.3B	4.3B	10.4B
Minority Interest	-320.0M	150.0M	2.8B	4.8B	4.8B
Eps Basic	0.08	0.37	0.65	0.41	1.16
Eps Diluted	0.08	0.37	0.65	0.41	1.16

Line Item	FY 2025Dec 31, 2025	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021
Cash And Equivalents	86.1B	100.4B	88.3B	86.2B	79.5B
Trading Financial Assets	120,000	120,000	638.0M	193.0M	95.5M
Accounts Receivable	3.5B	3.5B	3.5B	3.9B	3.3B
Notes Receivable	24.2M	62.8M	26.0M	28.0M	19.5M
Notes And Accounts Receivable	3.5B	3.6B	3.5B	3.9B	3.3B
Prepayments	8.3B	4.6B	9.0B	4.0B	11.9B
Inventory	362.3B	369.2B	416.7B	411.5B	417.6B
Total Current Assets	586.5B	614.2B	664.0B	655.2B	653.1B
Long Term Equity Investment	72.7B	76.5B	80.1B	74.6B	61.6B
Fixed Assets	10.8B	11.4B	11.6B	10.8B	9.2B
Fixed Assets Total	10.8B	11.4B	11.6B	10.8B	9.2B
Construction In Progress	286.0M	824.0M	973.0M	810.0M	465.0M
Construction In Progress Total	286.0M	824.0M	973.0M	810.0M	465.0M
Intangible Assets	1.7B	1.8B	1.9B	1.4B	1.4B
Long Term Deferred Expenses	1.1B	1.0B	1.0B	1.1B	1.1B
Total Non Current Assets	248.9B	246.1B	244.5B	231.3B	203.1B
Total Assets	835.4B	860.3B	908.5B	886.5B	856.2B
Short Term Borrowings	3.0B	2.8B	1.4B	1.5B	3.6B
Accounts Payable	50.3B	53.1B	60.7B	56.1B	57.8B
Advance Receipts	257.0M	274.0M	177.0M	165.0M	128.0M
Contract Liabilities	125.8B	142.0B	161.5B	144.9B	148.7B
Total Current Liabilities	367.9B	386.3B	426.0B	423.9B	428.1B
Long Term Borrowings	140.9B	125.8B	118.8B	121.1B	107.8B
Total Non Current Liabilities	196.2B	187.3B	185.8B	178.1B	151.4B
Total Liabilities	564.0B	573.6B	611.8B	602.0B	579.4B
Paid In Capital	9.0B	9.1B	9.1B	7.7B	7.9B
Capital Reserve	20.3B	20.5B	20.4B	10.2B	14.2B
Surplus Reserve	4.8B	4.8B	4.5B	4.2B	4.2B
Retained Earnings	63.2B	64.3B	64.1B	60.9B	61.9B
Minority Equity	173.7B	175.7B	177.0B	182.7B	168.1B
Equity Attributable	97.7B	111.0B	119.7B	101.7B	108.7B
Total Equity	271.4B	286.7B	296.7B	284.4B	276.8B

Line Item	FY 2025Dec 31, 2025	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021
Cash From Sales	137.6B	161.2B	197.6B	188.4B	194.2B
Tax Refunds Received	4.1B	3.8B	4.2B	5.9B	2.9B
Total Operating Cash Inflow	152.1B	172.8B	210.4B	207.9B	211.0B
Cash Paid For Goods	103.9B	98.2B	124.8B	131.4B	124.3B
Cash Paid To Employees	7.4B	7.8B	8.1B	8.5B	7.7B
Taxes Paid	17.2B	21.9B	29.9B	30.8B	29.3B
Total Operating Cash Outflow	142.4B	140.8B	179.0B	185.7B	185.0B
Operating Cash Flow	9.7B	32.0B	31.4B	22.2B	26.0B
Total Investing Cash Inflow	20.8B	18.6B	27.5B	34.7B	46.0B
Total Investing Cash Outflow	23.1B	15.4B	39.7B	44.7B	70.3B
Investing Cash Flow	-2.3B	3.2B	-12.2B	-10.0B	-24.3B
Cash From Borrowings	113.2B	120.8B	125.5B	134.6B	116.6B
Dividends And Interest Paid	9.7B	11.9B	11.8B	15.0B	15.9B
Debt Repayments	113.9B	113.3B	117.2B	111.3B	113.5B
Total Financing Cash Inflow	137.5B	134.1B	178.6B	191.5B	186.6B
Total Financing Cash Outflow	159.3B	157.5B	196.0B	197.4B	197.8B
Financing Cash Flow	-21.8B	-23.4B	-17.4B	-5.9B	-11.2B
Net Change In Cash	-14.4B	11.7B	1.8B	6.5B	-9.6B
Ending Cash Balance	85.0B	99.4B	87.7B	85.9B	79.4B
Capex	3.5B	5.7B	6.6B	6.0B	10.0B