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兴瑞科技 — 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 1.9B 2.0B 1.8B 1.3B 1.0B
Revenue Growth % -5.2% 13.5% 41.1% 20.4% --
Total Revenue 1.9B 2.0B 1.8B 1.3B 1.0B
Cost Of Revenue 1.4B 1.5B 1.3B 948.0M 727.0M
+Gross Profit 484.0M 537.0M 466.0M 304.0M 313.0M
Gross Margin % 25.4% 26.8% 26.4% 24.3% 30.1%
Total Operating Cost 1.7B 1.7B 1.5B 1.1B 905.0M
Selling Expenses 35.8M 39.1M 41.0M 31.4M 42.4M
Admin Expenses 116.0M 116.0M 125.0M 88.0M 64.8M
Rd Expenses 77.5M 73.3M 69.6M 56.6M 48.3M
Finance Expenses -14.3M -8.7M -31.7M 5.5M 12.9M
+Operating Income 260.0M 306.0M 240.0M 123.0M 144.0M
Operating Margin % 13.7% 15.3% 13.6% 9.8% 13.8%
Non Operating Income 161,300 280,700 487,900 236,900 238,100
Non Operating Expenses 1.5M 2.8M 5.8M 318,800 685,900
Investment Income 6.8M 4.0M -429,500 12.4M 2.7M
Fair Value Change Income -1.7M -2.2M -9.7M -1.9M 1.8M
Asset Disposal Income 845,100 -99,900 718,700 257,900 380,900
Asset Impairment Loss 5.4M 8.6M 6.2M 2.7M 2.4M
Other Income 6.3M 6.8M 3.0M 2.5M 3.3M
Income Before Tax 259.0M 303.0M 235.0M 122.0M 143.0M
Income Tax 31.1M 37.1M 16.9M 9.0M 16.2M
+Net Income 228.0M 266.0M 218.0M 113.0M 127.0M
Net Margin % 12.0% 13.3% 12.3% 9.0% 12.2%
Net Income Attributable 229.0M 267.0M 219.0M 113.0M 127.0M
Minority Interest -863,300 -738,700 -1.2M 10,800 --
Eps Basic 0.77 0.90 0.74 0.38 0.43
Eps Diluted 0.77 0.87 0.74 0.38 0.43
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 880.0M 641.0M 417.0M 418.0M 493.0M
Trading Financial Assets -- 240.0M 45.0M 22.8M 51.4M
Accounts Receivable 404.0M 421.0M 443.0M 350.0M 263.0M
Notes Receivable -- -- -- -- --
Notes And Accounts Receivable 404.0M 421.0M 443.0M 350.0M 263.0M
Prepayments 3.3M 1.3M 438,500 1.9M 1.7M
Inventory 147.0M 197.0M 252.0M 143.0M 91.2M
Total Current Assets 1.5B 1.5B 1.2B 970.0M 915.0M
Long Term Equity Investment 72.8M 71.5M 38.9M -- --
Fixed Assets -- 432.0M 418.0M 267.0M 251.0M
Fixed Assets Total 777.0M 432.0M 418.0M 267.0M 251.0M
Construction In Progress -- 295.0M 72.1M 55.6M 10.0M
Construction In Progress Total 29.5M 295.0M 72.1M 55.6M 10.0M
Intangible Assets 108.0M 111.0M 101.0M 104.0M 59.9M
Long Term Deferred Expenses 26.6M 16.3M 17.4M 14.7M 15.0M
Total Non Current Assets 1.1B 994.0M 713.0M 464.0M 349.0M
Total Assets 2.5B 2.5B 1.9B 1.4B 1.3B
Short Term Borrowings -- -- 30.0M -- --
Accounts Payable 301.0M 322.0M 390.0M 257.0M 193.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 2.6M 1.8M 1.8M 193,100 316,100
Total Current Liabilities 509.0M 591.0M 570.0M 372.0M 262.0M
Long Term Borrowings -- -- 50.0M -- --
Total Non Current Liabilities 428.0M 407.0M 80.2M 3.2M 359,500
Total Liabilities 938.0M 998.0M 650.0M 375.0M 262.0M
Paid In Capital 298.0M 298.0M 298.0M 298.0M 294.0M
Capital Reserve 339.0M 376.0M 367.0M 354.0M 330.0M
Surplus Reserve 106.0M 84.9M 65.8M 45.5M 41.1M
Retained Earnings 823.0M 705.0M 546.0M 401.0M 345.0M
Minority Equity 362,700 -74,900 -654,400 32,900 --
Equity Attributable 1.6B 1.5B 1.3B 1.1B 1.0B
Total Equity 1.6B 1.5B 1.3B 1.1B 1.0B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 1.9B 2.1B 1.7B 1.1B 1.0B
Tax Refunds Received 67.6M 77.4M 66.9M 34.3M 31.7M
Total Operating Cash Inflow 2.0B 2.2B 1.8B 1.6B 2.4B
Cash Paid For Goods 1.1B 1.2B 1.1B 675.0M 506.0M
Cash Paid To Employees 398.0M 398.0M 383.0M 320.0M 271.0M
Taxes Paid 63.6M 54.4M 28.8M 27.1M 36.0M
Total Operating Cash Outflow 1.6B 1.7B 1.6B 1.4B 2.1B
Operating Cash Flow 322.0M 432.0M 262.0M 225.0M 285.0M
Total Investing Cash Inflow 2.4B 973.0M 244.0M 938.0M 300.0M
Total Investing Cash Outflow 2.4B 1.5B 527.0M 1.1B 444.0M
Investing Cash Flow 7.4M -521.0M -283.0M -119.0M -143.0M
Cash From Borrowings -- 50.0M 80.0M -- --
Dividends And Interest Paid 107.0M 75.7M 53.8M 52.8M 35.3M
Debt Repayments -- 130.0M -- -- --
Total Financing Cash Inflow 46.0M 509.0M 85.2M 28.9M --
Total Financing Cash Outflow 201.0M 211.0M 62.4M 72.1M 35.4M
Financing Cash Flow -155.0M 298.0M 22.8M -43.1M -35.4M
Net Change In Cash 194.0M 214.0M 18.9M 48.3M 84.7M
Ending Cash Balance 821.0M 627.0M 413.0M 394.0M 346.0M
Capex 191.0M 286.0M 223.0M 164.0M 93.4M
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