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世荣兆业 — 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 981.0M 1.5B 831.0M 2.4B 2.9B
Revenue Growth % -36.6% 86.3% -65.1% -19.3% --
Total Revenue 981.0M 1.5B 831.0M 2.4B 2.9B
Cost Of Revenue 648.0M 923.0M 359.0M 776.0M 943.0M
+Gross Profit 333.0M 625.0M 472.0M 1.6B 2.0B
Gross Margin % 33.9% 40.4% 56.8% 67.4% 68.0%
Total Operating Cost 912.0M 1.2B 640.0M 1.4B 1.8B
Selling Expenses 28.7M 43.7M 34.7M 88.4M 123.0M
Admin Expenses 123.0M 109.0M 104.0M 136.0M 72.4M
Rd Expenses 43.7M 35.5M 19.0M 2.9M --
Finance Expenses -6.2M -14.5M -12.6M -22.7M -26.8M
+Operating Income 94.1M 322.0M 208.0M 959.0M 1.2B
Operating Margin % 9.6% 20.8% 25.0% 40.3% 39.9%
Non Operating Income 1.2M 1.2M 3.8M 693,400 930,300
Non Operating Expenses 682,200 1.9M 5.0M 2.3M 4.0M
Investment Income 23.6M 8.6M 15.4M 17.5M -5.3M
Fair Value Change Income -- -- -- -- --
Asset Disposal Income -- -- -- -- -35,900
Asset Impairment Loss 1.3M 10.3M 28.8M 4.8M 66.0M
Other Income 1.5M 544,800 1.5M 798,600 4.2M
Income Before Tax 94.6M 321.0M 207.0M 957.0M 1.2B
Income Tax 37.4M 96.9M 62.1M 250.0M 338.0M
+Net Income 57.3M 224.0M 145.0M 707.0M 834.0M
Net Margin % 5.8% 14.5% 17.4% 29.7% 28.3%
Net Income Attributable 37.4M 203.0M 142.0M 708.0M 834.0M
Minority Interest 19.8M 21.6M 3.5M -151,600 -375,700
Eps Basic 0.05 0.25 0.18 0.87 1.03
Eps Diluted 0.05 0.25 0.18 0.87 1.03
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 350.0M 941.0M 1.3B 1.8B 1.9B
Trading Financial Assets -- 60.0M -- 370.0M 200.0M
Accounts Receivable 464.0M 461.0M 352.0M 23.1M 15.2M
Notes Receivable 12.0M 2.1M 1.0M -- --
Notes And Accounts Receivable 476.0M 463.0M 353.0M 23.1M 15.2M
Prepayments 140.0M 80.0M 141.0M 113.0M 31.2M
Inventory 3.2B 3.0B 3.0B 3.2B 3.6B
Total Current Assets 4.4B 4.7B 5.3B 5.9B 6.9B
Long Term Equity Investment 106.0M 84.4M 83.9M 19.9M 27.9M
Fixed Assets -- 162.0M 163.0M 102.0M 115.0M
Fixed Assets Total 153.0M 162.0M 163.0M 102.0M 115.0M
Construction In Progress -- 907.0M 520.0M 363.0M 330.0M
Construction In Progress Total 346.0M 907.0M 520.0M 363.0M 330.0M
Intangible Assets 19.6M 1.3M 1.6M 2.4M 3.3M
Long Term Deferred Expenses 6.6M 3.4M 120,100 143,200 878,000
Total Non Current Assets 2.9B 1.9B 1.3B 1.0B 879.0M
Total Assets 7.3B 6.6B 6.6B 6.9B 7.8B
Short Term Borrowings 185.0M -- -- -- --
Accounts Payable 620.0M 397.0M 285.0M 393.0M 667.0M
Advance Receipts -- -- 447,400 -- --
Contract Liabilities 353.0M 42.5M 364.0M 139.0M 1.1B
Total Current Liabilities 2.0B 1.7B 1.9B 2.2B 3.4B
Long Term Borrowings 360.0M -- -- -- 294.0M
Total Non Current Liabilities 393.0M 9.1M 16.4M 9.1M 295.0M
Total Liabilities 2.4B 1.8B 2.0B 2.2B 3.7B
Paid In Capital 809.0M 809.0M 809.0M 809.0M 809.0M
Capital Reserve 135.0M 135.0M 135.0M 135.0M 135.0M
Surplus Reserve 408.0M 408.0M 408.0M 408.0M 408.0M
Retained Earnings 3.4B 3.4B 3.2B 3.3B 2.7B
Minority Equity 76.4M 68.4M 44.8M -8.7M -8.5M
Equity Attributable 4.8B 4.8B 4.6B 4.7B 4.1B
Total Equity 4.9B 4.9B 4.6B 4.7B 4.0B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 2.6B 2.7B 1.9B 1.5B 2.1B
Tax Refunds Received -- 6.2M 66,800 332,300 --
Total Operating Cash Inflow 2.7B 2.7B 1.9B 1.5B 2.1B
Cash Paid For Goods 2.2B 2.5B 1.6B 735.0M 444.0M
Cash Paid To Employees 144.0M 141.0M 121.0M 110.0M 97.4M
Taxes Paid 634.0M 249.0M 401.0M 750.0M 840.0M
Total Operating Cash Outflow 3.1B 3.0B 2.2B 1.7B 1.5B
Operating Cash Flow -434.0M -294.0M -272.0M -212.0M 673.0M
Total Investing Cash Inflow 207.0M 3.9B 5.5B 9.6B 9.8B
Total Investing Cash Outflow 844.0M 3.9B 5.3B 9.2B 9.9B
Investing Cash Flow -637.0M -46.9M 255.0M 425.0M -112.0M
Cash From Borrowings 545.0M -- -- -- --
Dividends And Interest Paid 59.7M 103,700 248.0M 106.0M 52.9M
Debt Repayments -- -- 284.0M 210.0M 741.0M
Total Financing Cash Inflow 545.0M 2.0M 50.0M -- --
Total Financing Cash Outflow 65.2M 6.9M 534.0M 317.0M 793.0M
Financing Cash Flow 480.0M -5.0M -484.0M -317.0M -793.0M
Net Change In Cash -592.0M -346.0M -500.0M -105.0M -232.0M
Ending Cash Balance 345.0M 937.0M 1.3B 1.8B 1.9B
Capex 809.0M 331.0M 178.0M 12.1M 100.0M
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