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山东赫达 — 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 2.0B 1.6B 1.7B 1.6B 1.3B
Revenue Growth % 25.8% -9.7% 10.4% 19.2% --
Total Revenue 2.0B 1.6B 1.7B 1.6B 1.3B
Cost Of Revenue 1.4B 1.1B 1.1B 990.0M 828.0M
+Gross Profit 528.0M 456.0M 589.0M 570.0M 481.0M
Gross Margin % 27.0% 29.3% 34.2% 36.5% 36.7%
Total Operating Cost 1.7B 1.3B 1.4B 1.2B 1.0B
Selling Expenses 37.3M 29.4M 24.6M 19.8M 19.6M
Admin Expenses 109.0M 110.0M 120.0M 86.3M 82.8M
Rd Expenses 90.6M 66.6M 67.8M 70.8M 58.7M
Finance Expenses 26.7M 7.7M -17.6M 10.0M 21.1M
+Operating Income 257.0M 260.0M 411.0M 377.0M 295.0M
Operating Margin % 13.1% 16.7% 23.9% 24.2% 22.5%
Non Operating Income 4.6M 711,200 428,600 601,500 2.8M
Non Operating Expenses 1.4M 1.4M 2.1M 498,000 3.6M
Investment Income 13.8M 30.7M 35.2M 5.2M 7.6M
Fair Value Change Income 9.1M 2.8M -1.2M 1.2M 7.6M
Asset Disposal Income 3.6M 305,700 18,300 50,000 -3.9M
Asset Impairment Loss 17.0M 25.9M 3.6M 1.4M 6.7M
Other Income 14.4M 11.1M 5.6M 7.0M 5.8M
Income Before Tax 261.0M 259.0M 410.0M 377.0M 294.0M
Income Tax 39.0M 39.2M 56.0M 47.1M 39.0M
+Net Income 222.0M 220.0M 354.0M 330.0M 255.0M
Net Margin % 11.3% 14.1% 20.5% 21.2% 19.5%
Net Income Attributable 222.0M 220.0M 354.0M 330.0M 252.0M
Minority Interest -- -- -- -- 2.5M
Eps Basic 0.65 0.64 1.04 0.97 0.79
Eps Diluted 0.63 0.64 1.03 0.97 0.78
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 489.0M 237.0M 151.0M 166.0M 223.0M
Trading Financial Assets -- 1.0M -- 2.0M 6.7M
Accounts Receivable 528.0M 348.0M 367.0M 298.0M 219.0M
Notes Receivable 3.1M 3.5M 652,600 3.9M 3.9M
Notes And Accounts Receivable 531.0M 352.0M 368.0M 302.0M 223.0M
Prepayments 64.5M 18.6M 21.5M 24.0M 12.7M
Inventory 422.0M 318.0M 242.0M 232.0M 110.0M
Total Current Assets 1.6B 1.0B 858.0M 810.0M 673.0M
Long Term Equity Investment 30.6M 40.6M 37.2M 18.6M 25.6M
Fixed Assets -- 2.2B 802.0M 761.0M 674.0M
Fixed Assets Total 2.1B 2.2B 802.0M 761.0M 674.0M
Construction In Progress -- 162.0M 1.4B 569.0M 88.5M
Construction In Progress Total 60.7M 165.0M 1.4B 694.0M 89.1M
Intangible Assets 205.0M 218.0M 184.0M 187.0M 128.0M
Long Term Deferred Expenses 718,600 95,600 156,000 -- 1.8M
Total Non Current Assets 2.5B 2.8B 2.5B 1.8B 1.0B
Total Assets 4.1B 3.8B 3.3B 2.6B 1.7B
Short Term Borrowings 255.0M 189.0M 230.0M 195.0M 85.0M
Accounts Payable 440.0M 504.0M 517.0M 266.0M 125.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 17.4M 29.5M 32.3M 20.7M 18.3M
Total Current Liabilities 1.1B 871.0M 1.0B 842.0M 393.0M
Long Term Borrowings 110.0M 74.4M 358.0M 182.0M 53.7M
Total Non Current Liabilities 884.0M 826.0M 415.0M 245.0M 92.8M
Total Liabilities 1.9B 1.7B 1.4B 1.1B 486.0M
Paid In Capital 348.0M 342.0M 342.0M 343.0M 201.0M
Capital Reserve 165.0M 130.0M 133.0M 132.0M 246.0M
Surplus Reserve 162.0M 155.0M 136.0M 111.0M 90.1M
Retained Earnings 1.5B 1.4B 1.3B 988.0M 680.0M
Minority Equity -- -- -- -- --
Equity Attributable 2.2B 2.1B 1.9B 1.5B 1.2B
Total Equity 2.2B 2.1B 1.9B 1.5B 1.2B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 1.7B 1.5B 1.6B 1.3B 1.1B
Tax Refunds Received 16.6M 22.3M 131.0M 29.3M 14.7M
Total Operating Cash Inflow 1.7B 1.5B 1.7B 1.4B 1.2B
Cash Paid For Goods 975.0M 928.0M 986.0M 583.0M 480.0M
Cash Paid To Employees 228.0M 217.0M 195.0M 162.0M 121.0M
Taxes Paid 110.0M 123.0M 119.0M 91.9M 108.0M
Total Operating Cash Outflow 1.4B 1.3B 1.4B 928.0M 781.0M
Operating Cash Flow 286.0M 180.0M 300.0M 456.0M 387.0M
Total Investing Cash Inflow 98.6M 19.9M 21.1M 15.9M 149.0M
Total Investing Cash Outflow 207.0M 172.0M 508.0M 739.0M 459.0M
Investing Cash Flow -108.0M -152.0M -487.0M -723.0M -311.0M
Cash From Borrowings 405.0M 1.0B 567.0M 412.0M 155.0M
Dividends And Interest Paid 131.0M 121.0M 55.0M 9.1M 87.2M
Debt Repayments 301.0M 852.0M 342.0M 216.0M 251.0M
Total Financing Cash Inflow 448.0M 1.1B 658.0M 505.0M 349.0M
Total Financing Cash Outflow 617.0M 1.0B 462.0M 326.0M 401.0M
Financing Cash Flow -169.0M 82.4M 197.0M 178.0M -51.3M
Net Change In Cash 16.0M 114.0M 16.2M -92.9M 19.3M
Ending Cash Balance 244.0M 228.0M 115.0M 98.5M 191.0M
Capex 95.5M 103.0M 470.0M 703.0M 239.0M
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