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良信股份 — 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 4.6B 4.2B 4.0B 3.0B
Revenue Growth % -7.6% 10.3% 3.2% 33.5% --
Total Revenue 4.2B 4.6B 4.2B 4.0B 3.0B
Cost Of Revenue 3.0B 3.1B 2.9B 2.6B 1.8B
+Gross Profit 1.3B 1.5B 1.3B 1.4B 1.2B
Gross Margin % 30.4% 32.5% 30.6% 35.2% 40.3%
Total Operating Cost 4.0B 4.1B 3.8B 3.6B 2.6B
Selling Expenses 403.0M 405.0M 378.0M 412.0M 369.0M
Admin Expenses 277.0M 248.0M 197.0M 169.0M 143.0M
Rd Expenses 312.0M 283.0M 270.0M 328.0M 274.0M
Finance Expenses -4.6M -7.3M -2.5M 12.4M -1.6M
+Operating Income 316.0M 536.0M 421.0M 425.0M 420.0M
Operating Margin % 7.5% 11.7% 10.1% 10.6% 13.9%
Non Operating Income 39.5M 43.9M 41.6M 28.0M 18.8M
Non Operating Expenses 4.5M 6.3M 1.4M 5.4M 1.5M
Investment Income 9.4M 7.8M 100,900 402,600 1.7M
Fair Value Change Income -126,500 5.9M 4.2M -- 666,500
Asset Disposal Income -1.9M -622,700 690,300 -423,900 -83,400
Asset Impairment Loss 14.4M 32.4M 12.8M 11.4M 10.3M
Other Income 52.7M 52.7M 15.0M 11.2M 11.8M
Income Before Tax 351.0M 574.0M 461.0M 447.0M 437.0M
Income Tax 38.6M 62.6M 39.6M 28.7M 61.7M
+Net Income 312.0M 511.0M 422.0M 419.0M 375.0M
Net Margin % 7.4% 11.1% 10.2% 10.4% 12.4%
Net Income Attributable 312.0M 511.0M 422.0M 419.0M 375.0M
Minority Interest -44,600 -- -- -- --
Eps Basic 0.28 0.47 0.40 0.42 0.37
Eps Diluted 0.28 0.45 0.39 0.41 0.37
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 575.0M 1.0B 931.0M 615.0M 548.0M
Trading Financial Assets 320.0M 351.0M 554.0M -- 50.7M
Accounts Receivable 630.0M 523.0M 574.0M 537.0M 356.0M
Notes Receivable 109.0M 57.4M 48.2M 125.0M 64.8M
Notes And Accounts Receivable 738.0M 580.0M 622.0M 663.0M 421.0M
Prepayments 18.5M 14.1M 16.2M 8.4M 2.2M
Inventory 469.0M 462.0M 504.0M 508.0M 355.0M
Total Current Assets 2.7B 3.3B 3.5B 2.5B 1.9B
Long Term Equity Investment 16.6M 7.9M -- 24.7M 25.0M
Fixed Assets -- 1.4B 1.2B 712.0M 726.0M
Fixed Assets Total 2.0B 1.4B 1.2B 712.0M 726.0M
Construction In Progress -- 535.0M 485.0M 604.0M 227.0M
Construction In Progress Total 80.7M 535.0M 485.0M 604.0M 227.0M
Intangible Assets 193.0M 176.0M 162.0M 160.0M 149.0M
Long Term Deferred Expenses 123.0M 133.0M 127.0M 116.0M 90.8M
Total Non Current Assets 2.8B 2.5B 2.3B 1.9B 1.4B
Total Assets 5.5B 5.8B 5.7B 4.4B 3.3B
Short Term Borrowings 20.0M 202.0M 124.0M 189.0M 30.0M
Accounts Payable 865.0M 827.0M 863.0M 933.0M 455.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 58.9M 21.8M 30.5M 39.2M 30.9M
Total Current Liabilities 1.5B 1.6B 1.7B 1.8B 1.2B
Long Term Borrowings -- -- 259.0M 327.0M --
Total Non Current Liabilities 68.1M 53.8M 302.0M 371.0M 32.6M
Total Liabilities 1.5B 1.7B 2.0B 2.2B 1.2B
Paid In Capital 1.1B 1.1B 1.1B 1.0B 785.0M
Capital Reserve 1.6B 1.5B 1.7B 247.0M 432.0M
Surplus Reserve 345.0M 324.0M 274.0M 229.0M 182.0M
Retained Earnings 1.3B 1.3B 1.0B 886.0M 749.0M
Minority Equity -44,600 -- -- -- --
Equity Attributable 4.0B 4.1B 3.7B 2.2B 2.0B
Total Equity 4.0B 4.1B 3.7B 2.2B 2.0B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 3.0B 3.1B 3.8B 3.1B 2.2B
Tax Refunds Received 2.1M 56.0M 38.7M 49.6M 274,600
Total Operating Cash Inflow 3.1B 3.3B 4.0B 3.2B 2.3B
Cash Paid For Goods 1.3B 1.2B 2.2B 1.3B 664.0M
Cash Paid To Employees 874.0M 930.0M 849.0M 915.0M 556.0M
Taxes Paid 198.0M 292.0M 239.0M 229.0M 185.0M
Total Operating Cash Outflow 2.7B 2.7B 3.5B 2.8B 1.6B
Operating Cash Flow 456.0M 628.0M 461.0M 382.0M 633.0M
Total Investing Cash Inflow 1.8B 2.2B 55.8M 53.0M 683.0M
Total Investing Cash Outflow 2.0B 2.4B 1.2B 594.0M 999.0M
Investing Cash Flow -172.0M -205.0M -1.1B -541.0M -316.0M
Cash From Borrowings 70.0M 400.0M 262.0M 843.0M 50.0M
Dividends And Interest Paid 284.0M 233.0M 250.0M 252.0M 194.0M
Debt Repayments 250.0M 594.0M 320.0M 280.0M 20.0M
Total Financing Cash Inflow 70.0M 505.0M 1.8B 843.0M 160.0M
Total Financing Cash Outflow 792.0M 835.0M 787.0M 639.0M 214.0M
Financing Cash Flow -722.0M -330.0M 981.0M 205.0M -54.5M
Net Change In Cash -436.0M 94.1M 318.0M 43.6M 262.0M
Ending Cash Balance 562.0M 999.0M 905.0M 587.0M 543.0M
Capex 283.0M 381.0M 483.0M 591.0M 389.0M
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