国轩高科 - Financials

国轩高科 — 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	35.4B	31.6B	23.1B	10.4B	6.7B	5.0B	5.1B	4.8B	4.8B	2.7B	1.0B	738.0M	593.0M	610.0M	466.0M	399.0M	465.0M	338.0M	280.0M	207.0M
Revenue Growth %	12.0%	37.1%	122.6%	54.0%	35.6%	-3.3%	6.0%	1.7%	73.3%	170.7%	37.4%	24.5%	-2.8%	30.9%	16.8%	-14.2%	37.6%	20.7%	35.3%	--
Total Revenue	35.4B	31.6B	23.1B	10.4B	6.7B	5.0B	5.1B	4.8B	4.8B	2.7B	1.0B	738.0M	593.0M	610.0M	466.0M	399.0M	465.0M	338.0M	280.0M	207.0M
Cost Of Revenue	29.0B	26.6B	18.9B	8.4B	5.0B	3.3B	3.6B	2.9B	2.5B	1.5B	491.0M	519.0M	405.0M	450.0M	345.0M	287.0M	342.0M	241.0M	200.0M	153.0M
+Gross Profit	6.4B	5.0B	4.1B	1.9B	1.7B	1.6B	1.5B	1.9B	2.2B	1.2B	523.0M	219.0M	188.0M	160.0M	121.0M	112.0M	123.0M	97.0M	80.0M	54.0M
Gross Margin %	18.0%	15.8%	17.8%	18.6%	25.2%	32.5%	29.2%	39.1%	46.9%	45.4%	51.6%	29.7%	31.7%	26.2%	26.0%	28.1%	26.5%	28.7%	28.6%	26.1%
Total Operating Cost	35.7B	32.1B	23.9B	10.9B	7.0B	5.4B	5.0B	4.2B	3.7B	2.1B	738.0M	689.0M	554.0M	568.0M	441.0M	362.0M	415.0M	294.0M	246.0M	189.0M
Selling Expenses	304.0M	292.0M	471.0M	330.0M	266.0M	334.0M	282.0M	338.0M	383.0M	210.0M	59.9M	61.7M	53.6M	41.1M	35.0M	30.4M	26.5M	14.8M	17.7M	13.1M
Admin Expenses	1.9B	1.7B	1.3B	569.0M	398.0M	398.0M	344.0M	309.0M	578.0M	272.0M	93.2M	81.2M	68.7M	54.3M	49.1M	29.5M	29.2M	27.1M	20.4M	19.0M
Rd Expenses	2.1B	2.1B	1.8B	644.0M	499.0M	437.0M	347.0M	334.0M	--	--	--	--	--	--	--	--	--	--	--	--
Finance Expenses	843.0M	547.0M	323.0M	335.0M	312.0M	291.0M	108.0M	48.1M	42.0M	21.8M	18.5M	17.1M	15.0M	12.2M	10.1M	9.1M	12.5M	3.7M	4.1M	3.1M
+Operating Income	1.3B	975.0M	199.0M	39.0M	168.0M	58.9M	639.0M	1.0B	1.1B	638.0M	276.0M	49.1M	39.7M	41.7M	24.7M	36.9M	49.2M	44.4M	34.6M	19.2M
Operating Margin %	3.6%	3.1%	0.9%	0.4%	2.5%	1.2%	12.5%	20.9%	23.2%	23.2%	27.2%	6.7%	6.7%	6.8%	5.3%	9.2%	10.6%	13.2%	12.4%	9.3%
Non Operating Income	23.6M	14.3M	73.1M	16.9M	9.7M	5.6M	10.5M	1.2M	96.9M	47.1M	15.1M	7.5M	21.2M	15.2M	20.0M	14.0M	10.5M	2.8M	1.1M	95,400
Non Operating Expenses	44.0M	41.6M	12.9M	8.3M	10.9M	12.6M	3.9M	17.1M	4.7M	5.3M	101,000	3.2M	2.5M	1.4M	1.9M	1.4M	1.3M	1.3M	677,600	505,300
Investment Income	47.2M	68.7M	217.0M	14.4M	61.0M	-24.4M	70.1M	-9.1M	-608,900	2.1M	-20,100	--	--	--	--	13,200	264,000	-29,800	-10,100	--
Fair Value Change Income	196.0M	106.0M	-140.0M	-175,500	414,800	--	--	--	--	--	--	21,100	64,300	-98,700	-10,900	154,500	-523,800	184,600	--	--
Asset Disposal Income	-11.0M	-1.8M	17.7M	34.4M	5.2M	2.0M	4.7M	-136,900	-963,900	--	--	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	399.0M	244.0M	372.0M	198.0M	135.0M	323.0M	234.0M	173.0M	92.7M	79.9M	66.0M	5.8M	8.1M	7.8M	727,600	5.0M	3.7M	5.7M	1.8M	--
Other Income	1.3B	1.3B	922.0M	559.0M	393.0M	510.0M	423.0M	378.0M	--	--	--	--	--	--	--	--	--	--	--	--
Income Before Tax	1.3B	948.0M	259.0M	47.7M	166.0M	51.9M	646.0M	994.0M	1.2B	680.0M	291.0M	53.4M	58.3M	55.4M	42.8M	49.5M	58.3M	46.0M	35.0M	18.8M
Income Tax	109.0M	-20.9M	-107.0M	-29.1M	19.5M	3.6M	64.2M	154.0M	165.0M	92.9M	41.1M	10.3M	13.2M	8.0M	5.8M	6.3M	9.1M	5.9M	6.6M	6.9M
+Net Income	1.2B	969.0M	366.0M	76.8M	147.0M	48.3M	582.0M	840.0M	1.0B	587.0M	250.0M	43.0M	45.1M	47.4M	37.1M	43.2M	49.1M	40.1M	28.4M	11.9M
Net Margin %	3.3%	3.1%	1.6%	0.7%	2.2%	1.0%	11.4%	17.4%	21.7%	21.4%	24.7%	5.8%	7.6%	7.8%	8.0%	10.8%	10.6%	11.9%	10.1%	5.8%
Net Income Attributable	1.2B	939.0M	312.0M	102.0M	150.0M	51.3M	580.0M	838.0M	1.0B	585.0M	251.0M	29.1M	36.9M	36.5M	27.4M	33.8M	39.4M	32.7M	25.5M	13.3M
Minority Interest	-52.7M	30.4M	54.1M	-25.0M	-2.8M	-2.9M	1.3M	2.2M	1.9M	2.7M	-353,500	13.9M	8.2M	11.0M	9.7M	9.3M	9.7M	7.4M	2.8M	-1.4M
Eps Basic	0.68	0.53	0.18	0.08	0.13	0.05	0.51	0.95	1.19	0.80	0.51	0.12	0.15	0.14	0.11	0.24	0.28	0.23	0.50	0.30
Eps Diluted	0.68	0.53	0.18	0.08	0.13	0.05	0.51	0.93	1.18	0.80	0.51	0.12	0.15	0.14	0.11	0.24	0.28	0.23	0.50	--

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	16.5B	14.5B	14.1B	11.4B	3.3B	3.6B	3.1B	4.8B	2.3B	2.0B	697.0M	185.0M	98.0M	137.0M	151.0M	154.0M	146.0M	132.0M	161.0M	68.5M
Trading Financial Assets	2.8B	4.7B	3.5B	53.4M	411.0M	--	--	--	--	--	--	11.9M	2.4M	461,300	410,100	421,000	266,500	2.8M	--	--
Accounts Receivable	16.5B	12.9B	8.6B	6.7B	6.6B	5.6B	5.0B	3.6B	2.4B	1.4B	700.0M	401.0M	382.0M	305.0M	255.0M	254.0M	225.0M	203.0M	102.0M	71.7M
Notes Receivable	380.0M	129.0M	94.3M	164.0M	427.0M	496.0M	1.3B	846.0M	305.0M	434.0M	162.0M	4.6M	7.9M	6.2M	8.9M	8.4M	8.5M	2.6M	1.7M	4.5M
Notes And Accounts Receivable	16.8B	13.0B	8.7B	6.9B	7.0B	6.1B	6.3B	4.4B	2.7B	1.8B	863.0M	405.0M	390.0M	311.0M	264.0M	263.0M	233.0M	205.0M	104.0M	76.3M
Prepayments	233.0M	349.0M	517.0M	230.0M	249.0M	226.0M	179.0M	105.0M	107.0M	64.3M	5.9M	9.1M	30.1M	14.6M	13.8M	16.0M	31.5M	32.6M	11.1M	8.5M
Inventory	7.1B	5.7B	7.6B	4.5B	3.2B	4.0B	2.3B	1.5B	630.0M	489.0M	114.0M	176.0M	152.0M	121.0M	115.0M	98.4M	83.9M	62.9M	59.7M	40.8M
Total Current Assets	48.8B	42.4B	37.5B	25.3B	15.6B	14.8B	12.4B	11.2B	5.9B	4.6B	1.7B	811.0M	689.0M	612.0M	562.0M	545.0M	509.0M	450.0M	342.0M	202.0M
Long Term Equity Investment	1.5B	1.5B	1.1B	1.0B	668.0M	622.0M	495.0M	306.0M	34.4M	--	--	--	--	--	--	--	--	--	--	--
Fixed Assets	--	21.9B	11.8B	8.8B	7.2B	5.5B	4.7B	3.4B	2.6B	1.2B	380.0M	379.0M	281.0M	217.0M	222.0M	199.0M	176.0M	164.0M	110.0M	89.7M
Fixed Assets Total	30.0B	21.9B	11.8B	8.8B	7.2B	5.5B	4.7B	3.4B	2.6B	1.2B	380.0M	379.0M	281.0M	217.0M	222.0M	199.0M	176.0M	164.0M	110.0M	89.7M
Construction In Progress	--	15.8B	11.7B	2.6B	1.2B	1.3B	459.0M	260.0M	118.0M	138.0M	96.3M	183,900	44.0M	43.6M	10.5M	9.1M	18.6M	2.1M	16.8M	3.4M
Construction In Progress Total	14.8B	15.8B	11.7B	2.6B	1.2B	1.3B	461.0M	261.0M	118.0M	138.0M	96.3M	853,300	44.3M	43.9M	10.8M	9.4M	18.6M	2.8M	17.0M	3.4M
Intangible Assets	5.6B	4.7B	2.9B	1.9B	1.3B	827.0M	583.0M	482.0M	448.0M	226.0M	124.0M	52.6M	44.2M	40.9M	27.5M	27.9M	22.5M	23.3M	14.1M	10.0M
Long Term Deferred Expenses	151.0M	103.0M	101.0M	18.7M	12.0M	14.5M	10.4M	5.0M	4.0M	3.2M	1.1M	1.6M	830,200	--	--	--	--	--	--	--
Total Non Current Assets	59.1B	51.2B	35.1B	18.3B	12.2B	10.4B	8.2B	5.9B	4.3B	2.2B	892.0M	454.0M	389.0M	321.0M	279.0M	254.0M	231.0M	201.0M	143.0M	103.0M
Total Assets	107.8B	93.6B	72.6B	43.6B	27.8B	25.2B	20.6B	17.1B	10.2B	6.7B	2.6B	1.3B	1.1B	933.0M	841.0M	799.0M	740.0M	652.0M	485.0M	305.0M
Short Term Borrowings	17.5B	16.2B	10.8B	5.5B	3.3B	3.9B	2.2B	849.0M	627.0M	344.0M	323.0M	232.0M	253.0M	224.0M	199.0M	179.0M	173.0M	123.0M	29.4M	76.8M
Accounts Payable	16.6B	13.4B	11.8B	5.4B	4.0B	4.3B	3.1B	2.5B	1.7B	923.0M	346.0M	185.0M	126.0M	94.1M	91.3M	89.1M	80.8M	84.0M	64.7M	50.4M
Advance Receipts	--	--	--	--	--	106.0M	65.1M	52.5M	38.7M	290.0M	114.0M	15.4M	11.4M	36.4M	17.2M	11.5M	18.0M	18.1M	4.7M	11.4M
Contract Liabilities	529.0M	1.0B	604.0M	561.0M	123.0M	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	55.6B	45.4B	34.4B	18.3B	11.9B	11.4B	8.7B	6.2B	4.3B	2.7B	1.2B	680.0M	537.0M	434.0M	371.0M	371.0M	336.0M	286.0M	139.0M	182.0M
Long Term Borrowings	18.5B	18.2B	10.7B	4.4B	2.6B	723.0M	966.0M	935.0M	454.0M	148.0M	215.0M	38.0M	24.0M	--	--	--	--	--	15.0M	--
Total Non Current Liabilities	22.4B	21.9B	13.8B	6.0B	4.9B	4.7B	3.4B	2.6B	1.9B	927.0M	338.0M	53.2M	29.4M	1.7M	1.7M	1.9M	1.8M	1.9M	15.0M	3.0M
Total Liabilities	77.9B	67.3B	48.1B	24.2B	16.8B	16.1B	12.0B	8.8B	6.3B	3.7B	1.5B	733.0M	566.0M	436.0M	373.0M	373.0M	338.0M	288.0M	154.0M	185.0M
Paid In Capital	1.8B	1.8B	1.8B	1.7B	1.3B	1.1B	1.1B	1.1B	876.0M	876.0M	202.0M	253.0M	253.0M	253.0M	141.0M	141.0M	141.0M	82.8M	69.0M	45.0M
Capital Reserve	19.7B	19.0B	18.2B	13.2B	6.2B	4.9B	4.6B	4.6B	1.3B	1.3B	343.0M	14.5M	14.6M	15.2M	85.6M	86.0M	86.0M	144.0M	162.0M	6.7M
Surplus Reserve	222.0M	200.0M	188.0M	178.0M	159.0M	159.0M	159.0M	142.0M	122.0M	115.0M	57.0M	35.3M	32.2M	28.5M	25.4M	22.6M	19.5M	16.4M	13.8M	11.7M
Retained Earnings	5.5B	4.5B	3.5B	3.4B	3.2B	3.0B	3.1B	2.6B	1.9B	1.0B	502.0M	164.0M	143.0M	135.0M	155.0M	130.0M	114.0M	85.5M	62.3M	49.4M
Minority Equity	3.9B	1.2B	986.0M	597.0M	169.0M	152.0M	23.9M	24.7M	24.3M	26.0M	7.6M	65.6M	69.7M	65.3M	61.2M	47.0M	42.2M	35.2M	23.3M	6.8M
Equity Attributable	26.0B	25.1B	23.5B	18.8B	10.9B	8.9B	8.5B	8.2B	3.9B	3.0B	1.1B	467.0M	443.0M	432.0M	407.0M	380.0M	360.0M	329.0M	307.0M	113.0M
Total Equity	29.9B	26.3B	24.5B	19.4B	11.1B	9.1B	8.6B	8.3B	4.0B	3.0B	1.1B	532.0M	512.0M	497.0M	468.0M	427.0M	402.0M	364.0M	331.0M	120.0M

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	21.2B	18.3B	14.1B	7.3B	3.9B	5.0B	4.3B	5.1B	4.7B	2.7B	809.0M	686.0M	633.0M	641.0M	535.0M	455.0M	529.0M	294.0M	299.0M	221.0M
Tax Refunds Received	1.4B	751.0M	713.0M	233.0M	148.0M	--	22.4M	--	--	--	--	1.2M	1.9M	2.1M	1.3M	2.7M	1.6M	777,800	265,800	--
Total Operating Cash Inflow	24.5B	20.6B	16.0B	8.1B	4.4B	5.4B	4.6B	5.6B	5.3B	2.8B	839.0M	703.0M	669.0M	668.0M	559.0M	472.0M	541.0M	306.0M	323.0M	224.0M
Cash Paid For Goods	15.4B	12.3B	11.0B	5.3B	2.6B	4.6B	4.0B	4.2B	2.8B	1.5B	395.0M	341.0M	499.0M	472.0M	420.0M	314.0M	401.0M	235.0M	235.0M	169.0M
Cash Paid To Employees	3.5B	2.8B	1.8B	937.0M	709.0M	806.0M	604.0M	488.0M	396.0M	209.0M	84.2M	62.9M	53.5M	43.3M	37.2M	32.6M	23.1M	23.7M	18.2M	9.8M
Taxes Paid	956.0M	846.0M	650.0M	205.0M	191.0M	245.0M	410.0M	514.0M	376.0M	322.0M	80.7M	53.7M	49.5M	46.6M	32.7M	38.4M	38.5M	34.9M	24.1M	21.4M
Total Operating Cash Outflow	21.8B	18.2B	15.2B	7.1B	3.8B	6.1B	6.2B	5.7B	4.0B	2.2B	626.0M	562.0M	689.0M	631.0M	552.0M	426.0M	504.0M	327.0M	308.0M	223.0M
Operating Cash Flow	2.7B	2.4B	801.0M	1.1B	685.0M	-683.0M	-1.6B	-99.7M	1.3B	520.0M	213.0M	141.0M	-19.5M	37.6M	6.5M	46.9M	37.7M	-21.3M	14.8M	446,000
Total Investing Cash Inflow	9.1B	4.6B	335.0M	980.0M	876.0M	121.0M	416.0M	45.6M	90.6M	121.0M	29.6M	142,000	3.2M	655,100	--	995,400	2.3M	319,000	251,000	47,000
Total Investing Cash Outflow	16.2B	21.1B	17.9B	5.2B	3.1B	2.2B	2.2B	1.7B	1.9B	620.0M	194.0M	65.0M	34.9M	52.2M	21.5M	33.2M	41.4M	60.8M	47.4M	30.9M
Investing Cash Flow	-7.1B	-16.5B	-17.5B	-4.2B	-2.2B	-2.1B	-1.7B	-1.7B	-1.8B	-500.0M	-164.0M	-64.8M	-31.7M	-51.5M	-21.5M	-32.2M	-39.1M	-60.5M	-47.2M	-30.8M
Cash From Borrowings	30.3B	31.0B	21.3B	8.9B	6.4B	5.9B	4.0B	1.8B	1.3B	203.0M	523.0M	462.0M	380.0M	208.0M	223.0M	231.0M	247.0M	183.0M	160.0M	112.0M
Dividends And Interest Paid	1.5B	1.6B	1.1B	472.0M	332.0M	491.0M	279.0M	223.0M	195.0M	36.6M	44.7M	36.3M	54.9M	29.7M	13.1M	26.6M	25.8M	16.7M	16.3M	8.5M
Debt Repayments	25.8B	15.7B	7.8B	5.1B	4.8B	2.2B	1.8B	938.0M	586.0M	599.0M	358.0M	428.0M	308.0M	176.0M	203.0M	225.0M	212.0M	118.0M	181.0M	85.3M
Total Financing Cash Inflow	34.4B	31.4B	28.1B	16.6B	6.9B	6.1B	4.0B	5.5B	1.7B	1.8B	553.0M	476.0M	380.0M	208.0M	235.0M	236.0M	247.0M	187.0M	333.0M	112.0M
Total Financing Cash Outflow	28.9B	17.5B	9.8B	6.5B	5.5B	3.1B	2.9B	1.3B	841.0M	686.0M	406.0M	464.0M	363.0M	206.0M	216.0M	251.0M	238.0M	135.0M	197.0M	93.8M
Financing Cash Flow	5.5B	13.9B	18.3B	10.1B	1.3B	3.1B	1.1B	4.3B	903.0M	1.1B	147.0M	11.9M	16.4M	2.1M	19.1M	-15.6M	9.1M	52.8M	135.0M	17.8M
Net Change In Cash	1.2B	86.2M	1.8B	7.0B	-241.0M	331.0M	-2.2B	2.5B	339.0M	1.1B	195.0M	88.0M	-34.9M	-11.9M	4.2M	-895,400	7.7M	-28.9M	103.0M	-12.6M
Ending Cash Balance	12.6B	11.3B	11.2B	9.4B	2.4B	2.7B	2.3B	4.5B	2.1B	1.7B	592.0M	173.0M	85.0M	120.0M	132.0M	128.0M	128.0M	121.0M	150.0M	--
Capex	9.1B	13.1B	13.4B	4.5B	2.1B	2.0B	1.9B	1.4B	1.3B	558.0M	177.0M	52.1M	34.9M	49.0M	18.6M	32.7M	41.4M	30.9M	36.2M	27.0M