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联发股份 — 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 4.2B 4.3B 4.2B 3.9B 3.9B
Revenue Growth % -1.9% 1.3% 8.0% 0.6% --
Total Revenue 4.2B 4.3B 4.2B 3.9B 3.9B
Cost Of Revenue 3.5B 3.5B 3.6B 3.3B 3.1B
+Gross Profit 716.0M 720.0M 594.0M 617.0M 726.0M
Gross Margin % 17.1% 16.9% 14.1% 15.8% 18.7%
Total Operating Cost 4.0B 4.0B 4.0B 3.7B 3.6B
Selling Expenses 150.0M 142.0M 101.0M 99.9M 89.8M
Admin Expenses 218.0M 216.0M 196.0M 164.0M 158.0M
Rd Expenses 41.4M 53.9M 59.0M 88.3M 77.2M
Finance Expenses 26.8M 27.0M -7.8M 31.8M 37.7M
+Operating Income 230.0M 198.0M 161.0M 198.0M 611.0M
Operating Margin % 5.5% 4.6% 3.8% 5.1% 15.8%
Non Operating Income 11.3M 18.7M 35.2M 13.0M 8.1M
Non Operating Expenses 6.7M 7.7M 5.2M 10.5M 5.0M
Investment Income 53.8M -1.8M -20.6M 133.0M 85.2M
Fair Value Change Income -52.6M -45.7M -7.7M -129.0M 202.0M
Asset Disposal Income -1.8M -1.7M 1.8M 367,700 -604,300
Asset Impairment Loss 20.6M 17.5M 18.0M 9.2M 11.3M
Other Income 2.9M 2.9M 1.5M 817,400 1.5M
Income Before Tax 234.0M 209.0M 191.0M 200.0M 614.0M
Income Tax 29.2M 61.2M 41.1M 24.5M 148.0M
+Net Income 205.0M 148.0M 150.0M 176.0M 466.0M
Net Margin % 4.9% 3.5% 3.6% 4.5% 12.0%
Net Income Attributable 202.0M 149.0M 160.0M 182.0M 471.0M
Minority Interest 3.7M -1.8M -9.9M -6.3M -4.7M
Eps Basic 0.62 0.46 0.49 0.56 1.43
Eps Diluted 0.62 0.46 0.49 0.55 1.39
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 503.0M 479.0M 409.0M 385.0M 234.0M
Trading Financial Assets 934.0M 892.0M 1.1B 1.1B 1.5B
Accounts Receivable 555.0M 502.0M 513.0M 442.0M 307.0M
Notes Receivable 117.0M 176.0M 251.0M 200.0M --
Notes And Accounts Receivable 672.0M 678.0M 763.0M 642.0M 307.0M
Prepayments 115.0M 294.0M 166.0M 141.0M 107.0M
Inventory 1.2B 1.2B 764.0M 955.0M 757.0M
Total Current Assets 3.5B 3.7B 3.4B 3.3B 3.0B
Long Term Equity Investment -- 135,800 634,600 930,700 --
Fixed Assets -- 2.2B 1.8B 1.3B 1.4B
Fixed Assets Total 2.2B 2.2B 1.8B 1.3B 1.4B
Construction In Progress -- 45.1M 357.0M 194.0M 87.8M
Construction In Progress Total 12.8M 45.1M 357.0M 196.0M 87.8M
Intangible Assets 185.0M 188.0M 192.0M 183.0M 189.0M
Long Term Deferred Expenses 54.7M 51.0M 54.8M 42.9M 47.6M
Total Non Current Assets 2.5B 2.5B 2.5B 1.9B 1.8B
Total Assets 6.0B 6.2B 5.9B 5.3B 4.8B
Short Term Borrowings 587.0M 791.0M 369.0M 160.0M 180.0M
Accounts Payable 265.0M 328.0M 239.0M 280.0M 214.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 67.5M 82.4M 39.1M 33.1M 40.6M
Total Current Liabilities 1.4B 1.8B 1.4B 860.0M 933.0M
Long Term Borrowings 199.0M 336.0M 265.0M 501.0M 344,500
Total Non Current Liabilities 367.0M 508.0M 441.0M 656.0M 152.0M
Total Liabilities 1.8B 2.3B 1.9B 1.5B 1.1B
Paid In Capital 324.0M 324.0M 324.0M 329.0M 333.0M
Capital Reserve 961.0M 961.0M 963.0M 984.0M 1.0B
Surplus Reserve 170.0M 170.0M 170.0M 170.0M 170.0M
Retained Earnings 2.6B 2.4B 2.5B 2.3B 2.2B
Minority Equity 56.4M 52.6M 25.1M 8.5M 15.1M
Equity Attributable 4.1B 3.9B 4.0B 3.8B 3.7B
Total Equity 4.2B 3.9B 4.0B 3.8B 3.7B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 4.3B 4.0B 4.0B 3.5B 3.9B
Tax Refunds Received 58.0M 81.7M 143.0M 129.0M 101.0M
Total Operating Cash Inflow 4.5B 4.1B 4.3B 3.8B 4.0B
Cash Paid For Goods 2.8B 3.3B 2.9B 2.9B 2.7B
Cash Paid To Employees 812.0M 758.0M 698.0M 655.0M 564.0M
Taxes Paid 161.0M 148.0M 101.0M 121.0M 183.0M
Total Operating Cash Outflow 3.9B 4.3B 3.8B 3.8B 3.6B
Operating Cash Flow 588.0M -201.0M 452.0M -37.0M 442.0M
Total Investing Cash Inflow 6.2B 5.2B 6.8B 11.9B 12.5B
Total Investing Cash Outflow 6.4B 5.0B 7.5B 11.7B 12.8B
Investing Cash Flow -196.0M 111.0M -669.0M 155.0M -354.0M
Cash From Borrowings 1.3B 1.4B 758.0M 710.0M 363.0M
Dividends And Interest Paid 43.8M 290.0M 25.8M 118.0M 182.0M
Debt Repayments 1.6B 982.0M 486.0M 529.0M 271.0M
Total Financing Cash Inflow 1.3B 1.4B 784.0M 715.0M 373.0M
Total Financing Cash Outflow 1.7B 1.3B 556.0M 679.0M 486.0M
Financing Cash Flow -385.0M 158.0M 227.0M 35.6M -113.0M
Net Change In Cash 12.5M 69.8M 16.8M 151.0M -24.6M
Ending Cash Balance 480.0M 468.0M 398.0M 381.0M 231.0M
Capex 138.0M 195.0M 548.0M 263.0M 218.0M
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