NINGBO HUAXIANG EL - Financials

NINGBO HUAXIANG EL — 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	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
+Revenue	26.3B	23.3B	19.7B	17.6B	16.9B	17.1B	14.9B	14.8B	12.5B	9.8B	8.7B	7.3B	5.6B	3.7B	3.3B	2.8B	2.7B	2.6B	1.6B	391.0M
Revenue Growth %	13.1%	18.1%	12.1%	4.1%	-1.2%	14.5%	0.8%	18.4%	27.5%	12.6%	19.5%	30.2%	51.1%	11.2%	18.4%	4.9%	1.5%	66.8%	305.4%	--
Total Revenue	26.3B	23.3B	19.7B	17.6B	16.9B	17.1B	14.9B	14.8B	12.5B	9.8B	8.7B	7.3B	5.6B	3.7B	3.3B	2.8B	2.7B	2.6B	1.6B	391.0M
Cost Of Revenue	22.0B	19.4B	16.4B	14.3B	13.7B	13.7B	12.0B	11.7B	9.8B	8.0B	6.9B	5.8B	4.5B	2.9B	2.6B	2.2B	2.2B	2.1B	1.3B	309.0M
+Gross Profit	4.4B	3.9B	3.4B	3.3B	3.2B	3.4B	3.0B	3.1B	2.7B	1.8B	1.8B	1.5B	1.1B	791.0M	762.0M	609.0M	491.0M	505.0M	320.0M	82.0M
Gross Margin %	16.6%	16.8%	17.0%	18.8%	19.1%	20.0%	19.8%	21.1%	21.5%	18.0%	20.5%	20.6%	19.0%	21.3%	22.9%	21.6%	18.3%	19.1%	20.2%	21.0%
Total Operating Cost	25.2B	22.0B	18.6B	16.3B	15.9B	15.9B	14.0B	13.6B	11.4B	9.4B	8.1B	6.9B	5.4B	3.4B	3.0B	2.6B	2.6B	2.4B	1.5B	383.0M
Selling Expenses	223.0M	293.0M	314.0M	288.0M	308.0M	486.0M	477.0M	451.0M	380.0M	301.0M	271.0M	230.0M	196.0M	137.0M	120.0M	90.8M	90.6M	104.0M	54.9M	13.1M
Admin Expenses	1.3B	1.0B	810.0M	748.0M	996.0M	860.0M	801.0M	779.0M	997.0M	923.0M	729.0M	655.0M	507.0M	338.0M	264.0M	252.0M	205.0M	173.0M	112.0M	46.7M
Rd Expenses	953.0M	823.0M	711.0M	640.0M	528.0M	569.0M	518.0M	374.0M	--	--	--	--	--	--	--	--	--	--	--	--
Finance Expenses	148.0M	-4.2M	-22.8M	55.1M	24.9M	26.7M	9.4M	92.1M	8.7M	19.3M	30.9M	20.9M	7.2M	-3.9M	-4.4M	39.0M	60.2M	13.6M	24.6M	12.2M
+Operating Income	1.6B	1.7B	1.5B	1.7B	1.3B	1.5B	1.2B	1.4B	1.2B	589.0M	835.0M	546.0M	328.0M	414.0M	577.0M	522.0M	216.0M	236.0M	150.0M	26.2M
Operating Margin %	5.9%	7.4%	7.5%	9.6%	7.7%	8.7%	8.0%	9.7%	9.9%	6.0%	9.6%	7.5%	5.9%	11.2%	17.3%	18.6%	8.1%	8.9%	9.5%	6.7%
Non Operating Income	14.6M	9.6M	13.2M	18.9M	52.7M	33.7M	19.6M	3.3M	105.0M	60.6M	36.7M	44.5M	47.0M	24.8M	11.4M	12.8M	7.1M	16.1M	14.3M	261,900
Non Operating Expenses	36.0M	23.0M	18.7M	10.0M	17.2M	4.6M	6.0M	13.6M	8.1M	16.5M	12.2M	14.3M	8.9M	5.7M	9.1M	13.7M	5.2M	4.0M	2.1M	942,800
Investment Income	243.0M	255.0M	262.0M	254.0M	237.0M	201.0M	164.0M	179.0M	172.0M	160.0M	177.0M	118.0M	112.0M	131.0M	238.0M	347.0M	106.0M	35.6M	26.1M	12.6M
Fair Value Change Income	5.7M	2.9M	-5.0M	-99,400	-442,700	--	--	26,000	-26,000	--	--	--	--	--	--	--	--	--	132,000	--
Asset Disposal Income	3.5M	713,600	21.1M	2.1M	16.0M	-4.1M	-26,800	7.7M	-17.6M	--	--	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	368.0M	309.0M	225.0M	94.4M	297.0M	103.0M	117.0M	127.0M	149.0M	50.8M	60.4M	133.0M	113.0M	21.4M	34.5M	46.4M	20.4M	11.3M	831,900	--
Other Income	194.0M	187.0M	81.6M	119.0M	74.9M	69.3M	65.7M	36.0M	--	--	--	--	--	--	--	--	--	--	--	--
Income Before Tax	1.5B	1.7B	1.5B	1.7B	1.3B	1.5B	1.2B	1.4B	1.3B	633.0M	860.0M	576.0M	367.0M	433.0M	579.0M	522.0M	218.0M	248.0M	162.0M	25.8M
Income Tax	283.0M	263.0M	162.0M	171.0M	205.0M	239.0M	190.0M	268.0M	236.0M	217.0M	138.0M	98.7M	53.9M	52.5M	53.6M	101.0M	34.2M	47.7M	21.7M	4.1M
+Net Income	1.3B	1.4B	1.3B	1.5B	1.1B	1.3B	1.0B	1.2B	1.1B	416.0M	722.0M	477.0M	313.0M	381.0M	526.0M	421.0M	183.0M	201.0M	141.0M	21.7M
Net Margin %	4.8%	6.2%	6.7%	8.7%	6.7%	7.4%	6.8%	7.9%	8.8%	4.2%	8.3%	6.5%	5.6%	10.3%	15.8%	15.0%	6.8%	7.6%	8.9%	5.6%
Net Income Attributable	953.0M	1.0B	985.0M	1.3B	849.0M	981.0M	732.0M	798.0M	714.0M	160.0M	524.0M	343.0M	251.0M	286.0M	420.0M	358.0M	143.0M	141.0M	100.0M	21.6M
Minority Interest	303.0M	416.0M	331.0M	257.0M	279.0M	292.0M	287.0M	367.0M	383.0M	256.0M	198.0M	134.0M	61.9M	95.1M	105.0M	62.8M	40.4M	59.4M	40.2M	134,400
Eps Basic	1.17	1.27	1.21	2.02	1.36	1.57	1.17	1.51	1.35	0.30	0.99	0.65	0.46	0.50	0.77	0.72	0.29	0.29	0.45	0.26
Eps Diluted	1.17	1.27	1.21	2.02	1.36	1.57	1.17	1.51	1.35	0.30	0.99	0.65	0.46	0.50	0.77	0.72	0.29	0.29	0.45	--

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	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash And Equivalents	2.8B	3.2B	3.2B	3.9B	3.3B	1.8B	1.8B	3.4B	1.4B	1.4B	1.0B	1.2B	1.0B	1.1B	1.3B	540.0M	291.0M	470.0M	417.0M	157.0M
Trading Financial Assets	5.7M	253.0M	219,400	--	--	--	--	--	278,500	--	--	--	--	--	--	--	--	--	212,200	--
Accounts Receivable	7.6B	6.3B	5.1B	4.0B	2.9B	3.5B	2.9B	2.7B	2.6B	1.8B	1.4B	1.2B	821.0M	348.0M	388.0M	338.0M	273.0M	385.0M	245.0M	65.2M
Notes Receivable	--	--	61.8M	67.1M	35.7M	17.8M	666.0M	508.0M	605.0M	439.0M	257.0M	146.0M	136.0M	294.0M	135.0M	63.4M	90.0M	50.6M	22.9M	38.3M
Notes And Accounts Receivable	7.6B	6.3B	5.2B	4.1B	3.0B	3.6B	3.6B	3.2B	3.2B	2.2B	1.7B	1.3B	958.0M	642.0M	523.0M	401.0M	363.0M	435.0M	268.0M	103.0M
Prepayments	196.0M	196.0M	228.0M	208.0M	214.0M	219.0M	411.0M	302.0M	228.0M	249.0M	296.0M	122.0M	84.0M	115.0M	81.3M	29.8M	45.8M	126.0M	205.0M	77.9M
Inventory	3.1B	3.0B	2.6B	2.2B	2.1B	2.1B	2.3B	2.0B	1.8B	1.4B	1.2B	1.1B	834.0M	668.0M	565.0M	445.0M	572.0M	527.0M	348.0M	153.0M
Total Current Assets	16.0B	16.0B	13.4B	12.0B	10.3B	9.0B	8.5B	9.1B	6.8B	5.4B	4.3B	3.8B	3.0B	2.6B	2.5B	1.5B	1.3B	1.6B	1.3B	499.0M
Long Term Equity Investment	1.2B	1.2B	1.2B	1.2B	1.1B	961.0M	829.0M	413.0M	399.0M	462.0M	418.0M	361.0M	695.0M	655.0M	627.0M	361.0M	657.0M	252.0M	106.0M	65.9M
Fixed Assets	--	4.2B	3.6B	3.4B	3.4B	3.6B	3.2B	2.5B	2.5B	1.9B	1.6B	1.4B	1.1B	828.0M	618.0M	641.0M	784.0M	603.0M	553.0M	308.0M
Fixed Assets Total	4.8B	4.2B	3.6B	3.4B	3.4B	3.6B	3.2B	2.5B	2.5B	1.9B	1.6B	1.4B	1.1B	828.0M	618.0M	641.0M	784.0M	603.0M	553.0M	308.0M
Construction In Progress	--	1.3B	797.0M	467.0M	418.0M	335.0M	847.0M	905.0M	415.0M	359.0M	300.0M	215.0M	132.0M	63.8M	88.6M	20.8M	43.9M	66.1M	19.6M	47.1M
Construction In Progress Total	1.7B	1.3B	797.0M	467.0M	418.0M	335.0M	847.0M	905.0M	415.0M	359.0M	300.0M	215.0M	132.0M	64.0M	89.5M	20.8M	43.9M	66.1M	20.2M	49.5M
Intangible Assets	566.0M	554.0M	438.0M	471.0M	428.0M	438.0M	420.0M	381.0M	420.0M	222.0M	200.0M	195.0M	190.0M	173.0M	131.0M	126.0M	187.0M	151.0M	154.0M	13.0M
Long Term Deferred Expenses	763.0M	787.0M	636.0M	423.0M	372.0M	380.0M	309.0M	233.0M	241.0M	222.0M	139.0M	132.0M	69.9M	84.8M	67.0M	61.7M	52.2M	44.1M	28.0M	15.5M
Total Non Current Assets	13.2B	11.3B	9.6B	9.8B	8.8B	8.1B	7.8B	7.1B	6.7B	5.2B	4.3B	3.3B	2.3B	1.8B	1.6B	1.2B	1.7B	1.1B	871.0M	452.0M
Total Assets	29.2B	27.2B	23.1B	21.8B	19.1B	17.1B	16.3B	16.2B	13.5B	10.5B	8.6B	7.1B	5.2B	4.4B	4.0B	2.8B	3.1B	2.7B	2.1B	950.0M
Short Term Borrowings	909.0M	829.0M	735.0M	1.5B	539.0M	711.0M	1.4B	2.4B	1.5B	1.1B	640.0M	524.0M	609.0M	126.0M	62.2M	207.0M	727.0M	538.0M	145.0M	237.0M
Accounts Payable	8.1B	6.4B	5.2B	4.2B	3.6B	3.5B	3.1B	2.8B	2.7B	2.0B	1.6B	1.4B	932.0M	740.0M	605.0M	453.0M	375.0M	604.0M	288.0M	146.0M
Advance Receipts	--	424,500	--	1.0M	--	70.1M	112.0M	42.1M	53.3M	99.6M	46.8M	71.5M	31.7M	41.2M	24.3M	15.6M	137.0M	93.3M	257.0M	7.5M
Contract Liabilities	364.0M	275.0M	181.0M	170.0M	114.0M	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	14.1B	11.4B	8.9B	8.0B	6.2B	5.8B	6.2B	6.4B	6.2B	4.0B	3.0B	2.6B	2.1B	1.3B	1.1B	926.0M	1.5B	1.5B	845.0M	493.0M
Long Term Borrowings	44.7M	66.2M	56.7M	--	39.4M	52.5M	134.0M	153.0M	451.0M	49.7M	50.7M	20.0M	--	--	--	100.0M	150.0M	29.9M	150.0M	30.0M
Total Non Current Liabilities	2.1B	2.0B	1.5B	1.7B	1.2B	861.0M	764.0M	896.0M	1.2B	805.0M	752.0M	541.0M	96.4M	10.9M	10.1M	155.0M	170.0M	67.3M	234.0M	30.0M
Total Liabilities	16.2B	13.4B	10.4B	9.6B	7.4B	6.6B	6.9B	7.3B	7.4B	4.8B	3.7B	3.2B	2.2B	1.3B	1.1B	1.1B	1.6B	1.5B	1.1B	523.0M
Paid In Capital	814.0M	814.0M	814.0M	814.0M	626.0M	626.0M	626.0M	626.0M	530.0M	530.0M	530.0M	530.0M	530.0M	553.0M	567.0M	494.0M	494.0M	274.0M	274.0M	95.0M
Capital Reserve	2.8B	3.9B	4.0B	4.0B	2.6B	2.6B	2.7B	2.7B	782.0M	658.0M	663.0M	663.0M	663.0M	875.0M	1.0B	192.0M	192.0M	411.0M	413.0M	142.0M
Surplus Reserve	408.0M	408.0M	408.0M	408.0M	314.0M	314.0M	314.0M	314.0M	287.0M	199.0M	182.0M	143.0M	131.0M	118.0M	99.9M	65.0M	33.5M	21.2M	14.3M	15.8M
Retained Earnings	6.7B	6.2B	5.4B	4.6B	5.7B	5.0B	4.1B	3.4B	2.8B	2.2B	2.1B	1.6B	1.3B	1.2B	974.0M	674.0M	382.0M	269.0M	162.0M	78.1M
Minority Equity	1.4B	1.6B	1.6B	1.3B	1.4B	1.4B	1.2B	1.1B	936.0M	1.0B	559.0M	493.0M	415.0M	372.0M	323.0M	275.0M	302.0M	237.0M	203.0M	95.6M
Equity Attributable	11.5B	12.2B	11.1B	10.9B	10.3B	9.1B	8.1B	7.8B	5.2B	4.6B	4.3B	3.4B	2.7B	2.7B	2.6B	1.4B	1.1B	976.0M	864.0M	331.0M
Total Equity	12.9B	13.9B	12.7B	12.2B	11.7B	10.5B	9.3B	8.9B	6.1B	5.7B	4.9B	3.9B	3.1B	3.1B	3.0B	1.7B	1.4B	1.2B	1.1B	427.0M

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	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash From Sales	25.5B	20.6B	16.9B	15.5B	14.7B	12.8B	12.2B	13.4B	11.1B	9.6B	8.8B	7.5B	5.1B	3.5B	2.9B	2.6B	2.8B	2.3B	1.7B	438.0M
Tax Refunds Received	131.0M	90.9M	52.0M	28.2M	32.4M	59.0M	12.3M	34.2M	8.8M	6.5M	8.0M	6.9M	12.8M	3.1M	3.1M	1.6M	1.9M	763,700	1.7M	261,400
Total Operating Cash Inflow	25.8B	21.0B	17.2B	15.7B	15.0B	13.0B	12.5B	13.6B	11.2B	9.7B	8.8B	7.5B	5.1B	3.6B	2.9B	2.7B	2.8B	2.3B	1.8B	460.0M
Cash Paid For Goods	18.0B	12.9B	10.9B	9.5B	8.2B	6.9B	7.3B	7.9B	6.3B	6.5B	6.2B	4.8B	3.5B	2.5B	1.9B	1.9B	2.1B	1.7B	1.3B	356.0M
Cash Paid To Employees	3.5B	3.2B	2.9B	2.5B	2.3B	2.3B	2.2B	2.4B	1.7B	1.3B	1.2B	1.1B	787.0M	349.0M	267.0M	240.0M	237.0M	173.0M	106.0M	37.4M
Taxes Paid	1.2B	1.1B	870.0M	754.0M	717.0M	683.0M	719.0M	934.0M	794.0M	616.0M	540.0M	471.0M	254.0M	216.0M	195.0M	137.0M	160.0M	125.0M	68.4M	29.5M
Total Operating Cash Outflow	23.5B	18.0B	15.4B	13.4B	12.1B	11.0B	11.2B	12.2B	9.7B	9.1B	8.4B	6.8B	5.0B	3.3B	2.6B	2.4B	2.6B	2.2B	1.5B	459.0M
Operating Cash Flow	2.3B	3.0B	1.8B	2.3B	2.9B	2.0B	1.2B	1.4B	1.4B	600.0M	465.0M	749.0M	163.0M	317.0M	335.0M	247.0M	249.0M	155.0M	222.0M	788,300
Total Investing Cash Inflow	1.7B	1.2B	322.0M	239.0M	221.0M	143.0M	203.0M	303.0M	298.0M	171.0M	160.0M	174.0M	107.0M	110.0M	117.0M	696.0M	70.2M	94.4M	240.0M	17.9M
Total Investing Cash Outflow	2.4B	3.6B	1.7B	1.5B	964.0M	1.1B	1.7B	1.7B	1.4B	852.0M	730.0M	655.0M	636.0M	415.0M	215.0M	120.0M	684.0M	442.0M	231.0M	218.0M
Investing Cash Flow	-733.0M	-2.4B	-1.4B	-1.3B	-743.0M	-941.0M	-1.5B	-1.4B	-1.1B	-681.0M	-570.0M	-481.0M	-529.0M	-305.0M	-97.8M	577.0M	-614.0M	-347.0M	8.7M	-200.0M
Cash From Borrowings	811.0M	775.0M	470.0M	1.6B	803.0M	1.2B	2.3B	2.2B	886.0M	1.0B	837.0M	638.0M	806.0M	278.0M	521.0M	1.3B	1.3B	741.0M	567.0M	336.0M
Dividends And Interest Paid	818.0M	495.0M	271.0M	2.7B	315.0M	282.0M	320.0M	469.0M	310.0M	200.0M	175.0M	99.9M	84.3M	135.0M	122.0M	97.0M	123.0M	71.1M	43.4M	28.5M
Debt Repayments	863.0M	636.0M	1.2B	727.0M	1.0B	1.9B	3.4B	1.7B	846.0M	639.0M	700.0M	690.0M	323.0M	184.0M	760.0M	1.8B	1.1B	445.0M	722.0M	169.0M
Total Financing Cash Inflow	811.0M	855.0M	535.0M	3.2B	809.0M	1.2B	2.4B	4.2B	895.0M	1.3B	890.0M	643.0M	819.0M	300.0M	1.4B	1.4B	1.4B	772.0M	1.0B	507.0M
Total Financing Cash Outflow	2.6B	1.4B	1.8B	3.6B	1.3B	2.3B	3.7B	2.2B	1.3B	885.0M	885.0M	822.0M	619.0M	472.0M	899.0M	1.9B	1.2B	516.0M	775.0M	202.0M
Financing Cash Flow	-1.8B	-546.0M	-1.2B	-367.0M	-537.0M	-1.2B	-1.3B	2.0B	-450.0M	414.0M	5.8M	-179.0M	200.0M	-172.0M	502.0M	-574.0M	185.0M	256.0M	234.0M	304.0M
Net Change In Cash	-288.0M	164.0M	-810.0M	522.0M	1.5B	-95.4M	-1.5B	2.0B	-86.7M	327.0M	-104.0M	88.8M	-156.0M	-170.0M	739.0M	249.0M	-183.0M	63.2M	465.0M	105.0M
Ending Cash Balance	2.7B	3.0B	2.8B	3.6B	3.1B	1.6B	1.7B	3.2B	1.2B	1.3B	936.0M	1.0B	952.0M	1.1B	1.3B	536.0M	287.0M	470.0M	622.0M	--
Capex	1.6B	2.2B	1.4B	929.0M	765.0M	735.0M	1.5B	1.1B	726.0M	622.0M	728.0M	483.0M	459.0M	383.0M	215.0M	113.0M	322.0M	222.0M	117.0M	178.0M