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华源控股 — 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 2.4B 2.4B 2.3B 2.3B 1.8B
Revenue Growth % 1.6% 6.5% -3.6% 31.8% --
Total Revenue 2.4B 2.4B 2.3B 2.3B 1.8B
Cost Of Revenue 2.1B 2.1B 2.0B 2.0B 1.4B
+Gross Profit 377.0M 347.0M 293.0M 351.0M 334.0M
Gross Margin % 15.4% 14.4% 12.9% 14.9% 18.7%
Total Operating Cost 2.4B 2.4B 2.3B 2.3B 1.7B
Selling Expenses 32.6M 26.8M 29.9M 23.9M 25.2M
Admin Expenses 127.0M 114.0M 108.0M 97.8M 81.3M
Rd Expenses 89.3M 93.8M 87.8M 86.0M 69.5M
Finance Expenses 27.8M 41.5M 45.9M 49.8M 35.8M
+Operating Income 97.8M 9.8M -48.5M 29.7M 60.1M
Operating Margin % 4.0% 0.4% -2.1% 1.3% 3.4%
Non Operating Income 620,300 1.1M 67.7M 2.3M 400,900
Non Operating Expenses 4.1M 1.9M 2.8M 4.1M 2.5M
Investment Income -1.6M -512,100 -3.0M 1.4M 5.9M
Fair Value Change Income 67,100 161,000 542,700 -- --
Asset Disposal Income 8.5M 453,400 260,100 83,500 4.9M
Asset Impairment Loss 21.6M 60.6M 73.6M 67.0M 35.5M
Other Income 24.4M 13.5M 12.0M 6.8M 6.3M
Income Before Tax 94.3M 9.0M 16.4M 28.0M 58.0M
Income Tax 25.8M 896,400 5.2M 10.1M 10.6M
+Net Income 68.5M 8.1M 11.3M 18.0M 47.4M
Net Margin % 2.8% 0.3% 0.5% 0.8% 2.7%
Net Income Attributable 70.7M 8.4M 10.9M 17.6M 46.5M
Minority Interest -2.2M -298,200 323,800 398,900 889,600
Eps Basic 0.22 0.03 0.03 0.06 0.15
Eps Diluted 0.22 0.03 0.03 0.06 0.15
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 534.0M 329.0M 437.0M 302.0M 318.0M
Trading Financial Assets 30.1M 149.0M 130.0M 51.0M 30.0M
Accounts Receivable 496.0M 526.0M 473.0M 508.0M 441.0M
Notes Receivable 6.2M 23.8M 18.5M 8.0M 9.0M
Notes And Accounts Receivable 502.0M 550.0M 491.0M 516.0M 450.0M
Prepayments 46.5M 68.3M 43.0M 69.0M 60.0M
Inventory 341.0M 409.0M 371.0M 417.0M 387.0M
Total Current Assets 1.8B 1.7B 1.7B 1.7B 1.5B
Long Term Equity Investment -- -- -- -- --
Fixed Assets -- 654.0M 655.0M 637.0M 493.0M
Fixed Assets Total 709.0M 654.0M 655.0M 637.0M 493.0M
Construction In Progress -- 98.2M 77.8M 128.0M 231.0M
Construction In Progress Total 80.2M 98.2M 77.8M 128.0M 231.0M
Intangible Assets 159.0M 170.0M 183.0M 181.0M 112.0M
Long Term Deferred Expenses 11.8M 14.7M 15.3M 18.9M 17.5M
Total Non Current Assets 1.1B 1.0B 1.1B 1.2B 1.1B
Total Assets 2.8B 2.7B 2.8B 2.9B 2.6B
Short Term Borrowings 477.0M 403.0M 460.0M 568.0M 395.0M
Accounts Payable 256.0M 332.0M 315.0M 246.0M 163.0M
Advance Receipts -- -- -- 10,400 63,800
Contract Liabilities 1.7M 1.9M 3.7M 2.0M 2.9M
Total Current Liabilities 829.0M 1.0B 851.0M 907.0M 649.0M
Long Term Borrowings 94.1M -- 19.6M -- --
Total Non Current Liabilities 144.0M 55.9M 409.0M 372.0M 326.0M
Total Liabilities 973.0M 1.1B 1.3B 1.3B 975.0M
Paid In Capital 342.0M 331.0M 316.0M 316.0M 316.0M
Capital Reserve 1.0B 860.0M 720.0M 720.0M 720.0M
Surplus Reserve 72.0M 58.8M 53.3M 53.3M 46.2M
Retained Earnings 472.0M 415.0M 412.0M 401.0M 407.0M
Minority Equity 12.7M 15.0M 5.3M 4.9M 5.5M
Equity Attributable 1.8B 1.6B 1.5B 1.6B 1.6B
Total Equity 1.9B 1.7B 1.5B 1.6B 1.6B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 2.1B 2.2B 2.3B 1.8B 1.7B
Tax Refunds Received 1.4M 2.1M 30.2M 7.2M 2.6M
Total Operating Cash Inflow 2.2B 2.3B 2.3B 1.9B 1.8B
Cash Paid For Goods 1.5B 1.6B 1.5B 1.3B 1.4B
Cash Paid To Employees 248.0M 236.0M 235.0M 222.0M 172.0M
Taxes Paid 76.8M 92.4M 71.2M 86.7M 82.3M
Total Operating Cash Outflow 2.0B 2.1B 2.0B 1.8B 1.8B
Operating Cash Flow 204.0M 153.0M 373.0M 81.2M 19.9M
Total Investing Cash Inflow 259.0M 186.0M 209.0M 251.0M 1.0B
Total Investing Cash Outflow 301.0M 286.0M 244.0M 468.0M 1.3B
Investing Cash Flow -41.9M -100.0M -35.3M -216.0M -247.0M
Cash From Borrowings 420.0M 432.0M 639.0M 795.0M 494.0M
Dividends And Interest Paid 10.0M 17.8M 20.2M 41.3M 45.2M
Debt Repayments 459.0M 497.0M 728.0M 646.0M 340.0M
Total Financing Cash Inflow 621.0M 434.0M 639.0M 795.0M 494.0M
Total Financing Cash Outflow 574.0M 581.0M 840.0M 707.0M 386.0M
Financing Cash Flow 46.5M -147.0M -201.0M 88.3M 108.0M
Net Change In Cash 209.0M -94.6M 136.0M -46.7M -119.0M
Ending Cash Balance 520.0M 311.0M 405.0M 270.0M 317.0M
Capex 121.0M 89.9M 85.2M 186.0M 284.0M
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