春兴精工 - Financials

春兴精工 — 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
+Revenue	2.2B	2.3B	2.6B	2.7B	5.2B	7.3B	4.9B	3.8B	2.5B	2.1B	2.2B	1.2B	896.0M	827.0M	526.0M	405.0M	430.0M	274.0M
Revenue Growth %	-5.2%	-10.0%	-3.2%	-48.1%	-29.0%	47.2%	29.7%	50.0%	19.7%	-4.6%	78.3%	39.0%	8.3%	57.2%	29.9%	-5.8%	56.9%	--
Total Revenue	2.2B	2.3B	2.6B	2.7B	5.2B	7.3B	4.9B	3.8B	2.5B	2.1B	2.2B	1.2B	896.0M	827.0M	526.0M	405.0M	430.0M	274.0M
Cost Of Revenue	2.0B	2.0B	2.0B	2.4B	4.8B	6.5B	4.1B	3.5B	2.0B	1.6B	1.8B	1.0B	829.0M	669.0M	396.0M	308.0M	344.0M	223.0M
+Gross Profit	207.0M	336.0M	556.0M	289.0M	325.0M	741.0M	877.0M	279.0M	535.0M	522.0M	464.0M	221.0M	67.0M	158.0M	130.0M	97.0M	86.0M	51.0M
Gross Margin %	9.4%	14.4%	21.5%	10.8%	6.3%	10.2%	17.8%	7.3%	21.1%	24.6%	20.9%	17.8%	7.5%	19.1%	24.7%	24.0%	20.0%	18.6%
Total Operating Cost	2.5B	2.6B	2.8B	3.4B	6.2B	7.2B	4.8B	4.2B	2.4B	1.9B	2.1B	1.2B	1.0B	781.0M	447.0M	340.0M	379.0M	241.0M
Selling Expenses	29.5M	30.6M	25.2M	29.5M	87.2M	122.0M	116.0M	91.5M	76.9M	73.7M	97.0M	50.5M	34.1M	22.1M	15.0M	10.6M	8.9M	4.9M
Admin Expenses	211.0M	209.0M	223.0M	287.0M	310.0M	220.0M	275.0M	262.0M	209.0M	198.0M	175.0M	89.0M	93.3M	52.1M	22.2M	17.1M	17.6M	7.0M
Rd Expenses	142.0M	155.0M	174.0M	173.0M	164.0M	156.0M	141.0M	113.0M	--	--	--	--	--	--	--	--	--	--
Finance Expenses	77.2M	88.8M	72.2M	81.9M	113.0M	92.9M	179.0M	157.0M	34.0M	13.9M	34.3M	33.9M	23.3M	30.2M	10.6M	3.5M	8.1M	2.7M
+Operating Income	-244.0M	-292.0M	-206.0M	-941.0M	-911.0M	57.0M	113.0M	-386.0M	199.0M	224.0M	124.0M	34.0M	-106.0M	46.6M	76.0M	72.6M	52.0M	32.2M
Operating Margin %	-11.1%	-12.5%	-8.0%	-35.2%	-17.7%	0.8%	2.3%	-10.1%	7.8%	10.6%	5.6%	2.7%	-11.8%	5.6%	14.4%	17.9%	12.1%	11.7%
Non Operating Income	15.6M	11.9M	28.3M	4.2M	656,900	3.9M	16.8M	19.1M	14.6M	5.5M	5.1M	3.2M	3.0M	7.6M	300,800	7.4M	179,000	205,100
Non Operating Expenses	5.9M	16.1M	12.8M	216.0M	145.0M	2.4M	908,900	5.7M	3.1M	7.5M	5.8M	751,400	516,700	2.2M	--	752,900	295,500	134,600
Investment Income	-2.5M	5.6M	-38.4M	-175.0M	118.0M	-92.6M	-20.2M	17.5M	18.8M	14.3M	--	--	3,340	--	778,600	4.1M	190,900	--
Fair Value Change Income	125,900	5.1M	-2.5M	-7.4M	12.7M	3.1M	-3.8M	7.8M	2.3M	1.2M	274,000	--	--	--	-3.4M	3.4M	--	--
Asset Disposal Income	4.1M	-12.8M	1.2M	-55.4M	-15.6M	33.0M	-1.2M	-2.3M	-2.8M	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	30.2M	19.4M	13.0M	305.0M	433.0M	13.1M	19.8M	42.5M	18.7M	14.7M	29.9M	11.0M	21.7M	5.1M	3.4M	568,600	-182,200	3.4M
Other Income	43.1M	24.0M	22.1M	13.3M	15.3M	22.4M	17.3M	786,000	--	--	--	--	--	--	--	--	--	--
Income Before Tax	-234.0M	-296.0M	-190.0M	-1.2B	-1.1B	58.5M	129.0M	-373.0M	210.0M	222.0M	123.0M	36.4M	-104.0M	52.0M	76.3M	79.3M	51.9M	32.3M
Income Tax	-28.4M	-36.7M	-46.5M	-49.1M	13.2M	26.9M	49.4M	-10.2M	39.6M	38.6M	18.0M	4.9M	-14.4M	5.6M	10.0M	9.6M	3.0M	3.5M
+Net Income	-206.0M	-260.0M	-144.0M	-1.1B	-1.1B	31.6M	79.5M	-363.0M	171.0M	183.0M	105.0M	31.5M	-89.2M	46.4M	66.2M	69.7M	48.9M	28.7M
Net Margin %	-9.3%	-11.2%	-5.6%	-41.3%	-20.7%	0.4%	1.6%	-9.5%	6.7%	8.6%	4.7%	2.5%	-10.0%	5.6%	12.6%	17.2%	11.4%	10.5%
Net Income Attributable	-199.0M	-248.0M	-143.0M	-1.0B	-1.1B	22.1M	40.0M	-359.0M	163.0M	181.0M	104.0M	31.5M	-89.2M	46.4M	66.2M	55.7M	39.0M	18.0M
Minority Interest	-7.0M	-11.5M	-810,800	-71.8M	-10.4M	9.5M	39.5M	-3.6M	7.1M	1.9M	996,700	--	--	-800.00	--	14.0M	9.9M	10.7M
Eps Basic	-0.18	-0.22	-0.13	-0.92	-0.94	0.02	0.04	-0.32	0.16	0.18	0.12	0.11	-0.31	0.17	0.62	0.55	0.48	0.22
Eps Diluted	-0.18	-0.22	-0.13	-0.92	-0.94	0.02	0.04	-0.32	0.16	0.18	0.12	0.11	-0.31	0.17	0.62	0.55	0.48	0.22

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
Cash And Equivalents	381.0M	613.0M	891.0M	972.0M	876.0M	875.0M	991.0M	505.0M	540.0M	340.0M	839.0M	129.0M	83.1M	175.0M	82.7M	58.5M	79.9M	9.0M
Trading Financial Assets	--	2.0M	3.0M	5.0M	19.7M	28.7M	58,600	5.1M	4.0M	2.8M	274,000	--	--	--	--	3.4M	--	--
Accounts Receivable	660.0M	658.0M	927.0M	910.0M	923.0M	1.8B	1.6B	1.3B	857.0M	661.0M	662.0M	398.0M	378.0M	275.0M	180.0M	115.0M	116.0M	96.6M
Notes Receivable	29.6M	46.5M	22.6M	21.6M	23.0M	--	189.0M	249.0M	27.6M	72.6M	95.6M	38.2M	7.7M	27.0M	2.8M	21.5M	26.4M	19.1M
Notes And Accounts Receivable	690.0M	705.0M	950.0M	931.0M	946.0M	1.8B	1.8B	1.5B	885.0M	733.0M	758.0M	436.0M	386.0M	302.0M	183.0M	137.0M	142.0M	116.0M
Prepayments	24.2M	23.2M	24.3M	40.6M	59.5M	82.8M	84.7M	173.0M	114.0M	25.0M	41.4M	91.4M	27.1M	65.8M	50.5M	18.0M	14.7M	13.1M
Inventory	449.0M	390.0M	485.0M	434.0M	461.0M	975.0M	1.1B	812.0M	779.0M	532.0M	445.0M	297.0M	191.0M	228.0M	124.0M	74.7M	80.6M	55.4M
Total Current Assets	2.1B	1.9B	2.9B	3.2B	3.4B	4.7B	5.2B	3.9B	2.9B	2.1B	2.1B	968.0M	711.0M	776.0M	446.0M	296.0M	321.0M	200.0M
Long Term Equity Investment	87.1M	88.2M	88.9M	61.0M	353.0M	437.0M	378.0M	707.0M	--	--	--	--	--	--	--	--	--	--
Fixed Assets	--	1.3B	1.4B	1.5B	1.4B	1.8B	2.0B	2.1B	1.2B	1.0B	775.0M	678.0M	591.0M	486.0M	254.0M	97.3M	84.4M	67.8M
Fixed Assets Total	1.5B	1.3B	1.4B	1.5B	1.4B	1.8B	2.0B	2.1B	1.2B	1.0B	775.0M	678.0M	591.0M	486.0M	254.0M	97.3M	84.4M	67.8M
Construction In Progress	--	432.0M	78.2M	86.8M	18.3M	45.4M	77.8M	144.0M	717.0M	126.0M	133.0M	21.5M	53.3M	28.3M	33.7M	21.7M	913,300	383,500
Construction In Progress Total	295.0M	432.0M	78.2M	86.8M	18.3M	45.4M	77.8M	144.0M	717.0M	126.0M	133.0M	21.5M	53.3M	28.3M	33.7M	21.7M	913,300	383,500
Intangible Assets	117.0M	127.0M	132.0M	140.0M	53.3M	82.9M	103.0M	139.0M	134.0M	113.0M	108.0M	108.0M	79.5M	77.2M	17.4M	17.8M	6.8M	1.4M
Long Term Deferred Expenses	39.1M	36.6M	25.7M	60.6M	43.4M	36.2M	31.4M	39.7M	15.9M	11.5M	15.2M	7.4M	269,300	403,500	--	--	--	--
Total Non Current Assets	2.8B	3.0B	2.8B	3.0B	2.8B	3.4B	3.6B	4.4B	2.6B	1.4B	1.1B	835.0M	747.0M	605.0M	306.0M	138.0M	93.2M	70.2M
Total Assets	4.9B	4.9B	5.7B	6.2B	6.1B	8.1B	8.8B	8.3B	5.4B	3.5B	3.3B	1.8B	1.5B	1.4B	752.0M	434.0M	414.0M	271.0M
Short Term Borrowings	1.8B	1.6B	1.4B	1.5B	1.7B	1.7B	1.8B	2.5B	1.4B	425.0M	306.0M	394.0M	265.0M	325.0M	222.0M	40.9M	64.8M	34.5M
Accounts Payable	1.1B	941.0M	1.0B	1.1B	902.0M	1.6B	1.6B	937.0M	754.0M	559.0M	602.0M	366.0M	237.0M	174.0M	137.0M	59.9M	94.3M	109.0M
Advance Receipts	703,200	107,400	52,900	310,000	300,000	31.8M	13.6M	28.2M	31.1M	3.3M	1.2M	2.2M	1.0M	1.8M	4.3M	253,300	1.7M	309,400
Contract Liabilities	5.2M	2.1M	2.1M	2.8M	1.8M	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	4.4B	3.5B	3.9B	4.3B	4.0B	5.0B	5.8B	5.3B	3.2B	1.6B	1.4B	863.0M	699.0M	504.0M	447.0M	192.0M	219.0M	173.0M
Long Term Borrowings	177.0M	203.0M	274.0M	198.0M	172.0M	100.0M	16.8M	19.4M	--	--	150.0M	150.0M	--	--	--	--	--	--
Total Non Current Liabilities	394.0M	1.2B	1.2B	1.2B	289.0M	137.0M	62.4M	116.0M	4.6M	1.6M	150.0M	150.0M	--	4,700	234,500	2.1M	7.9M	3.7M
Total Liabilities	4.8B	4.7B	5.1B	5.5B	4.3B	5.1B	5.8B	5.5B	3.2B	1.6B	1.5B	1.0B	699.0M	504.0M	447.0M	195.0M	227.0M	177.0M
Paid In Capital	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.0B	1.0B	337.0M	284.0M	284.0M	142.0M	106.0M	106.0M	100.0M	30.0M
Capital Reserve	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	1.4B	472.0M	472.0M	1.1B	387.0M	387.0M	529.0M	39.2M	39.2M	20.1M	14.5M
Surplus Reserve	46.8M	46.8M	46.8M	46.8M	46.8M	46.8M	43.1M	36.8M	36.8M	23.7M	15.1M	5.0M	5.0M	5.0M	1.3M	767,100	227,900	3.7M
Retained Earnings	-2.6B	-2.4B	-2.1B	-2.0B	-936.0M	122.0M	113.0M	79.0M	495.0M	365.0M	209.0M	115.0M	83.2M	201.0M	158.0M	92.4M	37.3M	14.6M
Minority Equity	24.0M	31.0M	42.5M	93.4M	121.0M	165.0M	193.0M	152.0M	208.0M	10.6M	8.5M	--	--	599,200	--	--	29.3M	30.6M
Equity Attributable	48.6M	243.0M	490.0M	629.0M	1.7B	2.7B	2.7B	2.7B	2.0B	1.9B	1.7B	790.0M	759.0M	876.0M	305.0M	239.0M	158.0M	62.7M
Total Equity	72.6M	274.0M	533.0M	722.0M	1.8B	2.9B	2.9B	2.8B	2.2B	1.9B	1.7B	790.0M	759.0M	877.0M	305.0M	239.0M	187.0M	93.4M

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
Cash From Sales	2.6B	2.6B	2.7B	2.9B	5.3B	7.6B	5.1B	4.2B	2.6B	2.4B	2.2B	1.4B	843.0M	881.0M	539.0M	472.0M	457.0M	247.0M
Tax Refunds Received	86.5M	140.0M	148.0M	139.0M	63.8M	146.0M	175.0M	107.0M	34.8M	43.2M	45.4M	69.2M	55.0M	36.5M	20.1M	--	--	--
Total Operating Cash Inflow	2.7B	2.8B	2.8B	3.0B	5.4B	7.9B	5.3B	4.3B	2.7B	2.5B	2.2B	1.4B	901.0M	925.0M	560.0M	472.0M	458.0M	254.0M
Cash Paid For Goods	2.0B	2.0B	2.0B	2.1B	4.4B	6.4B	3.9B	3.4B	1.7B	1.7B	1.5B	1.2B	491.0M	950.0M	426.0M	319.0M	340.0M	215.0M
Cash Paid To Employees	378.0M	384.0M	384.0M	506.0M	505.0M	575.0M	689.0M	644.0M	449.0M	356.0M	297.0M	173.0M	151.0M	124.0M	62.6M	40.0M	33.5M	16.8M
Taxes Paid	22.0M	65.7M	54.9M	57.2M	93.4M	118.0M	185.0M	178.0M	112.0M	127.0M	58.1M	30.2M	10.7M	25.9M	13.9M	21.6M	22.2M	5.0M
Total Operating Cash Outflow	2.5B	2.5B	2.6B	2.9B	5.1B	7.3B	5.0B	4.4B	2.4B	2.3B	1.9B	1.5B	730.0M	1.1B	514.0M	394.0M	423.0M	244.0M
Operating Cash Flow	184.0M	299.0M	259.0M	172.0M	291.0M	553.0M	301.0M	-36.7M	332.0M	156.0M	314.0M	-21.3M	171.0M	-193.0M	45.3M	78.6M	35.0M	10.0M
Total Investing Cash Inflow	153.0M	243.0M	334.0M	541.0M	771.0M	410.0M	1.3B	833.0M	750.0M	133.0M	10.1M	6.9M	3.4M	3.9M	3.2M	5.0M	11.9M	4.7M
Total Investing Cash Outflow	276.0M	431.0M	353.0M	493.0M	365.0M	678.0M	1.4B	3.5B	1.8B	873.0M	305.0M	184.0M	149.0M	324.0M	192.0M	97.0M	48.8M	38.1M
Investing Cash Flow	-123.0M	-187.0M	-19.6M	47.9M	406.0M	-268.0M	-102.0M	-2.7B	-1.0B	-740.0M	-295.0M	-177.0M	-145.0M	-320.0M	-188.0M	-92.1M	-36.9M	-33.4M
Cash From Borrowings	1.6B	1.7B	2.3B	2.0B	2.3B	2.4B	2.6B	3.0B	1.9B	624.0M	683.0M	697.0M	388.0M	444.0M	292.0M	35.0M	160.0M	15.4M
Dividends And Interest Paid	52.6M	62.3M	77.7M	73.3M	177.0M	103.0M	204.0M	189.0M	73.5M	42.1M	36.2M	17.3M	49.5M	19.4M	7.8M	2.3M	14.7M	2.1M
Debt Repayments	1.6B	1.9B	2.2B	2.2B	2.2B	2.7B	3.0B	2.0B	1.0B	501.0M	772.0M	418.0M	454.0M	341.0M	105.0M	38.9M	136.0M	10.5M
Total Financing Cash Inflow	2.8B	3.0B	3.8B	3.7B	5.4B	3.9B	3.9B	4.9B	2.0B	627.0M	1.5B	697.0M	388.0M	971.0M	298.0M	66.1M	254.0M	39.9M
Total Financing Cash Outflow	2.9B	3.3B	4.0B	4.0B	6.1B	4.3B	4.1B	2.5B	1.1B	543.0M	808.0M	446.0M	503.0M	362.0M	130.0M	74.1M	180.0M	21.1M
Financing Cash Flow	-112.0M	-253.0M	-186.0M	-274.0M	-694.0M	-326.0M	-171.0M	2.5B	878.0M	83.7M	693.0M	252.0M	-116.0M	609.0M	168.0M	-8.0M	73.3M	18.9M
Net Change In Cash	-43.4M	-133.0M	63.6M	-61.5M	-464,500	-46.0M	30.9M	-312.0M	200.0M	-499.0M	710.0M	45.8M	-92.1M	92.4M	24.3M	-21.4M	70.9M	-4.8M
Ending Cash Balance	38.3M	81.7M	214.0M	151.0M	212.0M	213.0M	259.0M	228.0M	540.0M	340.0M	839.0M	129.0M	83.1M	175.0M	82.7M	58.5M	79.9M	9.0M
Capex	246.0M	380.0M	224.0M	242.0M	127.0M	208.0M	317.0M	892.0M	979.0M	293.0M	301.0M	184.0M	147.0M	302.0M	192.0M	58.8M	24.5M	38.1M