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正泰电源 — 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 3.4B 2.5B 1.7B 1.9B 1.4B
Revenue Growth % 33.9% 50.1% -12.6% 34.9% --
Total Revenue 3.4B 2.5B 1.7B 1.9B 1.4B
Cost Of Revenue 2.4B 1.9B 1.3B 1.5B 1.0B
+Gross Profit 1.0B 574.0M 412.0M 416.0M 385.0M
Gross Margin % 30.1% 22.8% 24.6% 21.7% 27.0%
Total Operating Cost 3.0B 2.4B 1.4B 1.7B 1.2B
Selling Expenses 292.0M 150.0M 39.4M 29.3M 21.5M
Admin Expenses 217.0M 192.0M 157.0M 128.0M 101.0M
Rd Expenses 162.0M 79.9M 2.3M 7.8M 8.4M
Finance Expenses -4.2M -9.4M -32.6M 13.3M 37.0M
+Operating Income 377.0M 157.0M 237.0M 236.0M 212.0M
Operating Margin % 11.2% 6.2% 14.1% 12.3% 14.9%
Non Operating Income 3.5M 814,900 3.0M 69,200 382,200
Non Operating Expenses 666,900 841,400 512,300 76,400 736,700
Investment Income -561,100 -122,200 3.9M 2.5M 2.9M
Fair Value Change Income 45.0M 4.6M 1.0M 95,500 -533,000
Asset Disposal Income 731,100 -245,700 -- 408,200 500.00
Asset Impairment Loss 16.8M 3.1M 7.0M 410,100 789,600
Other Income 9.0M 8.3M 2.5M 4.0M 3.2M
Income Before Tax 380.0M 157.0M 240.0M 236.0M 212.0M
Income Tax 106.0M 55.0M 61.6M 58.7M 53.2M
+Net Income 273.0M 102.0M 178.0M 177.0M 159.0M
Net Margin % 8.1% 4.1% 10.6% 9.2% 11.2%
Net Income Attributable 217.0M 64.4M 149.0M 144.0M 133.0M
Minority Interest 56.1M 37.2M 29.1M 33.5M 26.0M
Eps Basic 0.61 0.18 0.42 0.40 0.37
Eps Diluted 0.61 0.18 0.42 0.40 0.37
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 1.1B 949.0M 837.0M 704.0M 869.0M
Trading Financial Assets 45.0M -- 56.5M 30.6M 40.2M
Accounts Receivable 964.0M 702.0M 226.0M 328.0M 202.0M
Notes Receivable 8.1M 3.8M 17.4M 11.0M 10.7M
Notes And Accounts Receivable 973.0M 706.0M 243.0M 339.0M 213.0M
Prepayments 62.0M 51.1M 28.8M 50.3M 20.0M
Inventory 1.3B 891.0M 327.0M 345.0M 187.0M
Total Current Assets 3.6B 2.8B 1.5B 1.5B 1.4B
Long Term Equity Investment -- -- -- -- --
Fixed Assets -- 619.0M 431.0M 411.0M 412.0M
Fixed Assets Total 605.0M 619.0M 431.0M 411.0M 412.0M
Construction In Progress -- 191.0M 126.0M 58.8M 4.1M
Construction In Progress Total 258.0M 191.0M 126.0M 58.8M 4.1M
Intangible Assets 197.0M 216.0M 38.2M 40.2M 41.2M
Long Term Deferred Expenses 17.9M 21.0M 2.2M 2.8M 3.8M
Total Non Current Assets 1.4B 1.3B 610.0M 531.0M 475.0M
Total Assets 5.0B 4.2B 2.1B 2.1B 1.8B
Short Term Borrowings 298.0M 306.0M 20.0M 16.2M 13.1M
Accounts Payable 753.0M 492.0M 178.0M 200.0M 159.0M
Advance Receipts -- -- 480,600 285,100 280,100
Contract Liabilities 61.1M 83.1M 40.4M 65.8M 37.2M
Total Current Liabilities 2.1B 1.6B 377.0M 402.0M 317.0M
Long Term Borrowings 620.0M 595.0M -- -- --
Total Non Current Liabilities 768.0M 683.0M 3.2M 5.3M 5.4M
Total Liabilities 2.9B 2.3B 381.0M 408.0M 323.0M
Paid In Capital 363.0M 362.0M 357.0M 357.0M 357.0M
Capital Reserve 443.0M 403.0M 341.0M 341.0M 341.0M
Surplus Reserve 121.0M 116.0M 116.0M 106.0M 97.4M
Retained Earnings 1.0B 822.0M 758.0M 673.0M 591.0M
Minority Equity 244.0M 211.0M 193.0M 177.0M 127.0M
Equity Attributable 1.9B 1.7B 1.6B 1.5B 1.4B
Total Equity 2.1B 1.9B 1.8B 1.7B 1.5B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 3.3B 2.3B 1.7B 1.7B 1.3B
Tax Refunds Received 192.0M 137.0M 105.0M 142.0M 100.0M
Total Operating Cash Inflow 3.7B 2.6B 1.8B 1.9B 1.5B
Cash Paid For Goods 2.4B 1.6B 1.1B 1.5B 896.0M
Cash Paid To Employees 568.0M 366.0M 229.0M 230.0M 185.0M
Taxes Paid 178.0M 98.3M 94.5M 94.5M 94.1M
Total Operating Cash Outflow 3.4B 2.3B 1.5B 1.9B 1.3B
Operating Cash Flow 239.0M 252.0M 312.0M -7.0M 224.0M
Total Investing Cash Inflow 4.7M 119.0M 647.0M 336.0M 248.0M
Total Investing Cash Outflow 99.3M 1.0B 778.0M 434.0M 333.0M
Investing Cash Flow -94.6M -923.0M -131.0M -98.2M -84.9M
Cash From Borrowings 622.0M 822.0M 30.0M 16.2M 18.1M
Dividends And Interest Paid 91.3M 45.7M 78.8M 70.8M 68.6M
Debt Repayments 518.0M 116.0M 26.2M 13.1M 15.5M
Total Financing Cash Inflow 643.0M 898.0M 47.8M 52.6M 40.1M
Total Financing Cash Outflow 639.0M 172.0M 113.0M 83.9M 84.1M
Financing Cash Flow 4.3M 726.0M -64.8M -31.3M -44.0M
Net Change In Cash 158.0M 49.5M 126.0M -151.0M 63.0M
Ending Cash Balance 1.0B 878.0M 828.0M 702.0M 853.0M
Capex 96.6M 364.0M 111.0M 114.0M 108.0M
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