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浙江永强 — 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 5.7B 4.8B 8.2B 8.2B 5.0B
Revenue Growth % 17.3% -41.1% 0.8% 64.5% --
Total Revenue 5.7B 4.8B 8.2B 8.2B 5.0B
Cost Of Revenue 4.5B 3.7B 6.8B 7.0B 3.6B
+Gross Profit 1.2B 1.1B 1.4B 1.2B 1.4B
Gross Margin % 20.6% 23.1% 17.2% 14.1% 28.3%
Total Operating Cost 5.5B 4.8B 8.0B 8.0B 4.4B
Selling Expenses 344.0M 407.0M 492.0M 377.0M 423.0M
Admin Expenses 377.0M 332.0M 332.0M 325.0M 228.0M
Rd Expenses 146.0M 166.0M 177.0M 223.0M 192.0M
Finance Expenses -31.2M 74.2M 36.8M -167.0M -71.5M
+Operating Income 535.0M 108.0M 219.0M 148.0M 648.0M
Operating Margin % 9.4% 2.2% 2.7% 1.8% 13.1%
Non Operating Income 3.8M 1.0M 1.1M 12.2M 22.4M
Non Operating Expenses 8.2M 16.2M 14.9M 18.6M 5.6M
Investment Income 77.9M 32.8M 22.6M -45.0M -18.2M
Fair Value Change Income 93.2M 5.1M -66.7M 7.6M 99.2M
Asset Disposal Income 174.0M -160,900 437,200 19,400 -9,600
Asset Impairment Loss 57.5M 85.7M 204.0M 72.4M 37.6M
Other Income 7.2M 19.5M 18.6M 18.8M 30.4M
Income Before Tax 530.0M 92.7M 205.0M 141.0M 664.0M
Income Tax 57.8M 56.6M 44.9M 18.9M 140.0M
+Net Income 472.0M 36.2M 161.0M 122.0M 525.0M
Net Margin % 8.3% 0.7% 2.0% 1.5% 10.6%
Net Income Attributable 462.0M 50.9M 216.0M 125.0M 530.0M
Minority Interest 10.3M -14.7M -55.6M -2.7M -5.5M
Eps Basic 0.21 0.02 0.10 0.06 0.24
Eps Diluted 0.21 0.02 0.10 0.06 0.24
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 770.0M 1.3B 1.5B 1.6B 978.0M
Trading Financial Assets 677.0M 450.0M 411.0M 426.0M 544.0M
Accounts Receivable 2.1B 1.5B 2.3B 2.2B 1.3B
Notes Receivable -- -- -- -- --
Notes And Accounts Receivable 2.1B 1.5B 2.3B 2.2B 1.3B
Prepayments 45.4M 50.0M 38.4M 171.0M 118.0M
Inventory 1.5B 1.2B 1.7B 2.4B 1.6B
Total Current Assets 5.4B 4.7B 6.0B 7.1B 4.9B
Long Term Equity Investment 140.0M 143.0M 149.0M 149.0M 159.0M
Fixed Assets -- 764.0M 777.0M 801.0M 788.0M
Fixed Assets Total 724.0M 764.0M 777.0M 801.0M 788.0M
Construction In Progress -- 21.7M 41.9M 24.8M 12.2M
Construction In Progress Total 16.2M 21.7M 41.9M 24.8M 12.2M
Intangible Assets 354.0M 310.0M 246.0M 257.0M 274.0M
Long Term Deferred Expenses 46.1M 54.0M 35.6M 32.7M 26.0M
Total Non Current Assets 2.6B 2.3B 2.3B 2.3B 2.4B
Total Assets 8.0B 7.0B 8.3B 9.5B 7.3B
Short Term Borrowings 1.0B 1.1B 1.3B 1.8B 952.0M
Accounts Payable 1.2B 936.0M 1.1B 1.5B 906.0M
Advance Receipts 2.9M 3.3M 2.5M 3.0M 2.5M
Contract Liabilities 9.1M 22.7M 12.7M 14.3M 6.8M
Total Current Liabilities 3.7B 3.3B 4.7B 5.8B 3.4B
Long Term Borrowings -- -- -- -- --
Total Non Current Liabilities 121.0M 96.9M 73.6M 45.2M 68.6M
Total Liabilities 3.9B 3.4B 4.8B 5.9B 3.4B
Paid In Capital 2.2B 2.2B 2.2B 2.2B 2.2B
Capital Reserve 247.0M 247.0M 261.0M 260.0M 265.0M
Surplus Reserve 379.0M 362.0M 330.0M 298.0M 298.0M
Retained Earnings 1.3B 892.0M 916.0M 810.0M 1.0B
Minority Equity 46.8M 29.0M 26.8M 77.3M 67.1M
Equity Attributable 4.1B 3.6B 3.5B 3.5B 3.8B
Total Equity 4.1B 3.7B 3.6B 3.6B 3.9B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 5.1B 5.4B 8.4B 8.0B 4.8B
Tax Refunds Received 401.0M 334.0M 709.0M 696.0M 393.0M
Total Operating Cash Inflow 5.7B 5.9B 9.7B 9.0B 5.4B
Cash Paid For Goods 4.0B 3.4B 7.5B 7.0B 3.4B
Cash Paid To Employees 971.0M 836.0M 1.0B 998.0M 747.0M
Taxes Paid 161.0M 263.0M 287.0M 197.0M 166.0M
Total Operating Cash Outflow 5.4B 5.0B 9.4B 9.1B 5.0B
Operating Cash Flow 243.0M 890.0M 236.0M -176.0M 424.0M
Total Investing Cash Inflow 543.0M 443.0M 97.8M 859.0M 437.0M
Total Investing Cash Outflow 844.0M 565.0M 270.0M 795.0M 548.0M
Investing Cash Flow -301.0M -122.0M -173.0M 63.3M -112.0M
Cash From Borrowings 2.8B 3.2B 1.7B 2.3B 1.8B
Dividends And Interest Paid 43.6M 86.8M 102.0M 351.0M 289.0M
Debt Repayments 2.9B 3.4B 2.1B 1.7B 1.8B
Total Financing Cash Inflow 2.8B 3.2B 1.7B 2.3B 1.8B
Total Financing Cash Outflow 3.0B 3.6B 2.3B 2.1B 2.2B
Financing Cash Flow -169.0M -374.0M -567.0M 235.0M -347.0M
Net Change In Cash -226.0M 235.0M -403.0M 372.0M -131.0M
Ending Cash Balance 747.0M 973.0M 738.0M 1.1B 769.0M
Capex 146.0M 175.0M 134.0M 150.0M 107.0M
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