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双星新材 — 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 5.9B 5.3B 6.1B 5.9B 5.1B
Revenue Growth % 11.7% -12.8% 2.2% 17.2% --
Total Revenue 5.9B 5.3B 6.1B 5.9B 5.1B
Cost Of Revenue 5.9B 5.1B 4.9B 4.0B 3.9B
+Gross Profit -11.0M 231.0M 1.1B 1.9B 1.1B
Gross Margin % -0.2% 4.4% 18.9% 32.9% 22.5%
Total Operating Cost 6.5B 5.6B 5.4B 4.5B 4.3B
Selling Expenses 21.4M 22.6M 21.2M 29.1M 20.2M
Admin Expenses 142.0M 151.0M 206.0M 173.0M 111.0M
Rd Expenses 239.0M 228.0M 253.0M 267.0M 157.0M
Finance Expenses 22.2M 9.6M -36.2M 14.1M 27.0M
+Operating Income -503.0M -224.0M 742.0M 1.6B 835.0M
Operating Margin % -8.5% -4.2% 12.2% 26.8% 16.5%
Non Operating Income 591,000 1.1M 2.5M 482,100 124,400
Non Operating Expenses 415,100 6.3M 4.6M 56,800 3.1M
Investment Income 20.2M 20.2M 7.0M 13.5M 25.0M
Fair Value Change Income 83.4M 82.7M 92.9M 77.3M 30.5M
Asset Disposal Income -- -- 1,200 7,800 --
Asset Impairment Loss 143.0M 112.0M 61.5M 6.5M 3.5M
Other Income 7.1M 8.0M 10.4M 86.5M 61.5M
Income Before Tax -503.0M -229.0M 740.0M 1.6B 832.0M
Income Tax -105.0M -61.2M 41.8M 206.0M 112.0M
+Net Income -398.0M -168.0M 699.0M 1.4B 721.0M
Net Margin % -6.7% -3.2% 11.5% 23.4% 14.2%
Net Income Attributable -398.0M -168.0M 699.0M 1.4B 721.0M
Eps Basic -0.35 -0.15 0.61 1.21 0.62
Eps Diluted -0.35 -0.15 0.61 1.21 0.62
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 492.0M 938.0M 714.0M 1.6B 1.3B
Trading Financial Assets -- -- -- -- 465.0M
Accounts Receivable 817.0M 883.0M 970.0M 1.1B 948.0M
Notes Receivable 414.0M 471.0M 344.0M 579.0M 296.0M
Notes And Accounts Receivable 1.2B 1.4B 1.3B 1.6B 1.2B
Prepayments 680.0M 821.0M 812.0M 551.0M 594.0M
Inventory 2.4B 2.1B 2.1B 1.6B 1.2B
Total Current Assets 5.1B 5.4B 5.1B 5.5B 4.9B
Long Term Equity Investment -- -- -- -- --
Fixed Assets -- 5.1B 4.6B 4.3B 3.4B
Fixed Assets Total 5.6B 5.1B 4.6B 4.3B 3.4B
Construction In Progress -- 1.6B 1.4B 1.3B 862.0M
Construction In Progress Total 1.1B 1.6B 1.4B 1.3B 862.0M
Intangible Assets 357.0M 364.0M 372.0M 347.0M 334.0M
Long Term Deferred Expenses 11.0M 12.1M 13.3M 29.4M 35.4M
Total Non Current Assets 8.2B 8.0B 7.1B 6.6B 5.3B
Total Assets 13.3B 13.4B 12.2B 12.1B 10.2B
Short Term Borrowings 301.0M 77.7M 19.9M -- --
Accounts Payable 378.0M 321.0M 229.0M 235.0M 169.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 61.8M 77.8M 82.8M 76.4M 103.0M
Total Current Liabilities 3.4B 3.9B 2.1B 2.7B 1.9B
Long Term Borrowings 883.0M 139.0M 367.0M -- --
Total Non Current Liabilities 994.0M 224.0M 440.0M 18.4M 6.9M
Total Liabilities 4.4B 4.1B 2.5B 2.7B 1.9B
Paid In Capital 1.1B 1.2B 1.2B 1.2B 1.2B
Capital Reserve 5.2B 5.2B 5.2B 5.2B 5.2B
Surplus Reserve 467.0M 467.0M 467.0M 397.0M 259.0M
Retained Earnings 2.2B 2.6B 3.0B 2.7B 1.7B
Equity Attributable 8.9B 9.3B 9.7B 9.4B 8.3B
Total Equity 8.9B 9.3B 9.7B 9.4B 8.3B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 5.6B 4.8B 5.8B 4.8B 5.1B
Tax Refunds Received 125.0M 225.0M 125.0M 66.4M 105.0M
Total Operating Cash Inflow 5.7B 5.1B 6.0B 5.0B 5.3B
Cash Paid For Goods 5.6B 4.0B 5.2B 3.2B 3.7B
Cash Paid To Employees 252.0M 258.0M 254.0M 219.0M 146.0M
Taxes Paid 27.4M 24.8M 245.0M 252.0M 93.6M
Total Operating Cash Outflow 6.0B 4.5B 5.9B 4.0B 4.1B
Operating Cash Flow -265.0M 603.0M 110.0M 1.0B 1.2B
Total Investing Cash Inflow 94.7M 55.6M 906.0M 1.6B 2.7B
Total Investing Cash Outflow 637.0M 720.0M 1.7B 2.2B 3.3B
Investing Cash Flow -543.0M -665.0M -800.0M -579.0M -654.0M
Cash From Borrowings 1.3B 587.0M 386.0M -- --
Dividends And Interest Paid 69.8M 254.0M 347.0M 229.0M 34.7M
Debt Repayments 827.0M 31.7M -- -- --
Total Financing Cash Inflow 1.3B 587.0M 386.0M 88.2M --
Total Financing Cash Outflow 930.0M 310.0M 448.0M 329.0M 53.6M
Financing Cash Flow 415.0M 278.0M -61.5M -240.0M -53.6M
Net Change In Cash -387.0M 224.0M -717.0M 204.0M 453.0M
Ending Cash Balance 374.0M 761.0M 536.0M 1.3B 1.0B
Capex 637.0M 720.0M 905.0M 1.1B 713.0M
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