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鲁阳节能 — 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 3.5B 3.5B 3.6B 3.2B 2.3B
Revenue Growth % 0.4% -1.8% 13.3% 36.0% --
Total Revenue 3.5B 3.5B 3.6B 3.2B 2.3B
Cost Of Revenue 2.5B 2.4B 2.5B 2.1B 1.5B
+Gross Profit 1.1B 1.1B 1.1B 1.1B 842.0M
Gross Margin % 30.6% 31.0% 31.6% 34.7% 36.2%
Total Operating Cost 3.0B 3.0B 3.0B 2.6B 1.9B
Selling Expenses 236.0M 240.0M 193.0M 200.0M 169.0M
Admin Expenses 151.0M 170.0M 157.0M 141.0M 119.0M
Rd Expenses 74.1M 121.0M 126.0M 134.0M 103.0M
Finance Expenses -6.3M -6.2M -18.6M 4.5M 700,500
+Operating Income 585.0M 555.0M 652.0M 589.0M 418.0M
Operating Margin % 16.6% 15.8% 18.2% 18.6% 18.0%
Non Operating Income 5.7M 3.5M 9.9M 16.3M 10.3M
Non Operating Expenses 12.1M 3.4M 2.6M 2.5M 2.6M
Investment Income -- -- 25.6M -- 14.7M
Fair Value Change Income -- -- -- -- --
Asset Disposal Income -3,000 -229,100 -22,200 67,200 -155,400
Asset Impairment Loss 2.0M -997,700 23.7M 1.3M 2.3M
Other Income 29.1M 36.3M 24.6M 12.8M 2.6M
Income Before Tax 579.0M 555.0M 659.0M 602.0M 426.0M
Income Tax 98.7M 65.3M 75.1M 68.3M 55.8M
+Net Income 480.0M 490.0M 584.0M 534.0M 370.0M
Net Margin % 13.6% 13.9% 16.3% 16.9% 15.9%
Net Income Attributable 480.0M 492.0M 584.0M 534.0M 370.0M
Minority Interest -- -1.9M 513,300 -- --
Eps Basic 0.94 0.97 1.16 1.06 0.74
Eps Diluted 0.94 0.97 1.16 1.06 0.74
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 652.0M 615.0M 993.0M 744.0M 589.0M
Trading Financial Assets -- -- -- -- --
Accounts Receivable 1.2B 912.0M 863.0M 625.0M 637.0M
Notes Receivable 622.0M 701.0M 672.0M 236.0M 288.0M
Notes And Accounts Receivable 1.8B 1.6B 1.5B 861.0M 925.0M
Prepayments 22.3M 21.3M 29.0M 27.5M 24.7M
Inventory 280.0M 299.0M 299.0M 427.0M 316.0M
Total Current Assets 2.9B 2.8B 3.2B 2.7B 2.3B
Long Term Equity Investment -- -- -- -- --
Fixed Assets -- 735.0M -- 810.0M 767.0M
Fixed Assets Total 711.0M 735.0M 646.0M 811.0M 767.0M
Construction In Progress -- 22.2M 76.1M 8.7M 20.6M
Construction In Progress Total 8.8M 22.4M 77.3M 9.0M 22.2M
Intangible Assets 122.0M 130.0M 133.0M 128.0M 131.0M
Long Term Deferred Expenses 7.8M 7.8M 9.3M 431,600 878,200
Total Non Current Assets 997.0M 986.0M 944.0M 1.1B 985.0M
Total Assets 3.9B 3.8B 4.2B 3.8B 3.3B
Short Term Borrowings -- 4.7M 3.5M -- 5.0M
Accounts Payable 629.0M 411.0M 375.0M 344.0M 302.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 69.9M 136.0M 211.0M 221.0M 164.0M
Total Current Liabilities 1.0B 997.0M 1.1B 1.1B 907.0M
Long Term Borrowings -- -- -- -- --
Total Non Current Liabilities 30.2M 31.6M 38.3M 120.0M 19.5M
Total Liabilities 1.0B 1.0B 1.1B 1.2B 927.0M
Paid In Capital 513.0M 506.0M 506.0M 506.0M 362.0M
Capital Reserve 333.0M 281.0M 650.0M 441.0M 574.0M
Surplus Reserve 379.0M 379.0M 340.0M 297.0M 250.0M
Retained Earnings 1.7B 1.6B 1.5B 1.4B 1.2B
Minority Equity -- -- -- -- --
Equity Attributable 2.9B 2.8B 3.0B 2.6B 2.4B
Total Equity 2.9B 2.8B 3.0B 2.6B 2.4B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 3.2B 3.1B 3.2B 2.9B 2.1B
Tax Refunds Received 19.0M 23.0M 30.8M 12.2M 1.6M
Total Operating Cash Inflow 3.3B 3.2B 3.4B 3.0B 2.1B
Cash Paid For Goods 1.7B 1.9B 1.7B 1.4B 935.0M
Cash Paid To Employees 467.0M 449.0M 416.0M 361.0M 279.0M
Taxes Paid 275.0M 235.0M 285.0M 307.0M 207.0M
Total Operating Cash Outflow 2.7B 2.9B 2.7B 2.5B 1.7B
Operating Cash Flow 564.0M 331.0M 649.0M 526.0M 447.0M
Total Investing Cash Inflow 4.4M 108.0M 60.3M 2.6M 25.2M
Total Investing Cash Outflow 152.0M 138.0M 148.0M 75.7M 45.4M
Investing Cash Flow -148.0M -29.2M -87.4M -73.1M -20.2M
Cash From Borrowings -- 11.0M 4.6M -- 5.0M
Dividends And Interest Paid 410.0M 405.0M 355.0M 308.0M 235.0M
Debt Repayments -- -- -- 5.0M 10.0M
Total Financing Cash Inflow 47.6M 180.0M 4.6M -- 5.0M
Total Financing Cash Outflow 417.0M 878.0M 371.0M 322.0M 246.0M
Financing Cash Flow -370.0M -698.0M -366.0M -322.0M -241.0M
Net Change In Cash 45.1M -395.0M 215.0M 128.0M 181.0M
Ending Cash Balance 640.0M 595.0M 990.0M 690.0M 562.0M
Capex 81.1M 138.0M 148.0M 75.7M 45.4M
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