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洽洽食品 — 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 7.1B 6.8B 6.9B 6.0B 5.3B
Revenue Growth % 4.8% -1.1% 15.0% 13.2% --
Total Revenue 7.1B 6.8B 6.9B 6.0B 5.3B
Cost Of Revenue 5.1B 5.0B 4.7B 4.1B 3.6B
+Gross Profit 2.1B 1.8B 2.2B 1.9B 1.7B
Gross Margin % 28.8% 26.8% 32.0% 31.9% 31.9%
Total Operating Cost 6.2B 5.9B 5.8B 5.0B 4.4B
Selling Expenses 712.0M 616.0M 701.0M 604.0M 516.0M
Admin Expenses 308.0M 289.0M 342.0M 266.0M 243.0M
Rd Expenses 75.7M 64.6M 53.6M 45.1M 36.2M
Finance Expenses -68.8M -68.8M -11.6M -30.6M -25.3M
+Operating Income 1.0B 896.0M 1.1B 1.0B 923.0M
Operating Margin % 14.1% 13.2% 16.3% 17.2% 17.5%
Non Operating Income 77.2M 106.0M 105.0M 108.0M 90.1M
Non Operating Expenses 2.3M 8.2M 5.3M 9.3M 16.4M
Investment Income 34.2M 23.6M 53.9M 34.5M 41.5M
Fair Value Change Income 1.7M -3.2M 5.2M 15.2M 4.5M
Asset Disposal Income -170,000 122,400 8,800 237,600 176,100
Asset Impairment Loss -- -- -- -- --
Other Income 14.7M 12.2M 11.0M 8.7M 6.6M
Income Before Tax 1.1B 994.0M 1.2B 1.1B 997.0M
Income Tax 229.0M 191.0M 242.0M 197.0M 192.0M
+Net Income 850.0M 803.0M 979.0M 930.0M 805.0M
Net Margin % 11.9% 11.8% 14.2% 15.5% 15.2%
Net Income Attributable 849.0M 803.0M 976.0M 929.0M 805.0M
Minority Interest 647,400 431,600 2.4M 1.1M -67,900
Eps Basic 1.68 1.58 1.93 1.84 1.60
Eps Diluted 1.67 1.58 1.91 1.80 1.60
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 4.6B 4.5B 3.1B 1.7B 1.3B
Trading Financial Assets 305.0M 473.0M 1.6B 2.1B 1.7B
Accounts Receivable 418.0M 344.0M 412.0M 320.0M 218.0M
Notes Receivable 64.1M 78.5M 44.5M -- --
Notes And Accounts Receivable 482.0M 423.0M 456.0M 320.0M 218.0M
Prepayments 63.8M 55.2M 41.7M 56.1M 31.9M
Inventory 1.5B 1.6B 985.0M 1.5B 1.7B
Total Current Assets 7.4B 7.2B 6.3B 5.9B 5.1B
Long Term Equity Investment 91.3M 157.0M 163.0M 142.0M 25.8M
Fixed Assets -- 1.3B 1.4B 1.3B 1.1B
Fixed Assets Total 1.3B 1.3B 1.4B 1.3B 1.1B
Construction In Progress -- 14.5M 25.1M 6.5M 108.0M
Construction In Progress Total -- 14.5M 25.1M 6.5M 108.0M
Intangible Assets 286.0M 291.0M 268.0M 274.0M 274.0M
Long Term Deferred Expenses 1,900 43,300 638,500 1.6M 4.5M
Total Non Current Assets 2.7B 2.2B 2.3B 2.2B 1.9B
Total Assets 10.1B 9.4B 8.5B 8.1B 7.0B
Short Term Borrowings 850.0M 539.0M 230.0M 288.0M 88.1M
Accounts Payable 922.0M 720.0M 563.0M 700.0M 506.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 175.0M 276.0M 224.0M 214.0M 184.0M
Total Current Liabilities 2.9B 2.3B 1.9B 1.9B 1.5B
Long Term Borrowings -- 99.1M -- -- --
Total Non Current Liabilities 1.4B 1.5B 1.4B 1.4B 1.3B
Total Liabilities 4.3B 3.9B 3.3B 3.3B 2.8B
Paid In Capital 507.0M 507.0M 507.0M 507.0M 507.0M
Capital Reserve 1.6B 1.6B 1.5B 1.5B 1.5B
Surplus Reserve 254.0M 254.0M 254.0M 254.0M 254.0M
Retained Earnings 3.6B 3.2B 2.9B 2.3B 1.8B
Minority Equity 2.2M 3.2M 2.8M 1.7M 638,800
Equity Attributable 5.7B 5.5B 5.3B 4.8B 4.2B
Total Equity 5.7B 5.5B 5.3B 4.8B 4.2B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 7.9B 7.9B 7.9B 6.5B 5.9B
Tax Refunds Received 19.5M 36.7M 17.5M 12.2M 13.0M
Total Operating Cash Inflow 8.0B 8.0B 8.0B 6.7B 6.0B
Cash Paid For Goods 5.1B 5.8B 4.7B 3.8B 4.0B
Cash Paid To Employees 594.0M 629.0M 663.0M 548.0M 459.0M
Taxes Paid 547.0M 460.0M 519.0M 389.0M 402.0M
Total Operating Cash Outflow 7.0B 7.6B 6.5B 5.4B 5.4B
Operating Cash Flow 1.0B 419.0M 1.5B 1.3B 597.0M
Total Investing Cash Inflow 4.6B 4.6B 5.4B 5.8B 3.5B
Total Investing Cash Outflow 5.2B 3.5B 5.1B 6.4B 3.7B
Investing Cash Flow -582.0M 1.1B 313.0M -596.0M -178.0M
Cash From Borrowings 1.3B 685.0M 580.0M 465.0M 639.0M
Dividends And Interest Paid 571.0M 537.0M 450.0M 462.0M 387.0M
Debt Repayments 995.0M 277.0M 638.0M 265.0M 845.0M
Total Financing Cash Inflow 1.3B 710.0M 590.0M 534.0M 2.0B
Total Financing Cash Outflow 1.8B 913.0M 1.1B 757.0M 1.5B
Financing Cash Flow -436.0M -203.0M -533.0M -223.0M 517.0M
Net Change In Cash 21.2M 1.3B 1.3B 532.0M 933.0M
Ending Cash Balance 4.4B 4.4B 3.0B 1.7B 1.2B
Capex 159.0M 144.0M 211.0M 178.0M 210.0M
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