恒铭达 - Financials

恒铭达 — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2025Dec 31, 2025	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014
+Revenue	2.9B	2.5B	1.8B	1.5B	1.1B	644.0M	585.0M	501.0M	449.0M	318.0M	306.0M	308.0M
Revenue Growth %	15.0%	36.7%	17.4%	37.0%	75.5%	10.1%	16.8%	11.6%	41.2%	3.9%	-0.6%	--
Total Revenue	2.9B	2.5B	1.8B	1.5B	1.1B	644.0M	585.0M	501.0M	449.0M	318.0M	306.0M	308.0M
Cost Of Revenue	1.9B	1.7B	1.3B	1.1B	827.0M	396.0M	293.0M	255.0M	238.0M	191.0M	200.0M	176.0M
+Gross Profit	914.0M	807.0M	553.0M	480.0M	303.0M	248.0M	292.0M	246.0M	211.0M	127.0M	106.0M	132.0M
Gross Margin %	32.0%	32.5%	30.4%	31.0%	26.8%	38.5%	49.9%	49.1%	47.0%	39.9%	34.6%	42.9%
Total Operating Cost	2.3B	2.0B	1.5B	1.3B	1.1B	556.0M	409.0M	357.0M	338.0M	240.0M	230.0M	213.0M
Selling Expenses	50.3M	52.8M	42.1M	45.5M	31.0M	34.9M	39.4M	30.2M	23.1M	15.4M	8.5M	6.9M
Admin Expenses	95.8M	98.1M	98.0M	127.0M	149.0M	62.6M	37.5M	37.6M	35.6M	37.4M	26.2M	21.7M
Rd Expenses	131.0M	113.0M	85.5M	71.2M	55.1M	37.7M	30.1M	25.6M	23.7M	--	--	--
Finance Expenses	887,000	-52.9M	-6.3M	-33.1M	6.9M	11.2M	-4.8M	-3.6M	10.6M	-8.4M	-6.0M	-421,500
+Operating Income	612.0M	524.0M	324.0M	232.0M	44.1M	122.0M	189.0M	142.0M	112.0M	78.0M	75.4M	94.5M
Operating Margin %	21.4%	21.1%	17.8%	15.0%	3.9%	18.9%	32.3%	28.3%	24.9%	24.5%	24.6%	30.7%
Non Operating Income	29,600	--	3,800	1,400	59,800	6,000	4.5M	2.5M	5.8M	3.3M	517,500	599,500
Non Operating Expenses	2.1M	653,800	3.7M	2.6M	847,100	760,000	710,100	54,300	73,100	2.5M	399,400	161,100
Investment Income	13.6M	7.9M	13.9M	16.4M	17.1M	29.2M	8.8M	-2.2M	--	--	--	--
Fair Value Change Income	1.8M	780,400	9,000	-15,400	--	--	--	--	--	--	--	--
Asset Disposal Income	-57,400	-31,600	4.3M	6.1M	461,900	181,700	263,100	--	195,800	-397,400	-38,000	--
Asset Impairment Loss	24.7M	56.6M	16.5M	41.8M	16.9M	11.7M	6.9M	6.5M	2.7M	2.8M	-536,000	5.3M
Other Income	10.3M	6.4M	7.8M	3.3M	3.4M	5.4M	4.1M	875,800	304,300	--	--	--
Income Before Tax	610.0M	523.0M	320.0M	230.0M	43.3M	122.0M	193.0M	145.0M	117.0M	78.9M	75.5M	95.0M
Income Tax	76.5M	67.5M	38.2M	36.7M	13.5M	16.5M	27.1M	18.7M	18.4M	12.5M	12.0M	13.9M
+Net Income	534.0M	456.0M	282.0M	193.0M	29.8M	105.0M	166.0M	126.0M	98.9M	66.4M	63.5M	81.1M
Net Margin %	18.7%	18.3%	15.5%	12.5%	2.6%	16.3%	28.4%	25.1%	22.0%	20.9%	20.8%	26.3%
Net Income Attributable	532.0M	457.0M	281.0M	193.0M	31.3M	105.0M	166.0M	126.0M	98.9M	66.4M	61.2M	81.1M
Minority Interest	1.7M	-1.1M	240,000	-409,600	-1.4M	95,300	--	--	--	--	2.3M	-11,300
Eps Basic	2.08	1.91	1.23	0.84	0.14	0.66	1.39	1.38	1.12	0.83	0.76	1.07
Eps Diluted	2.08	1.91	1.23	0.84	0.14	0.66	1.39	1.38	1.12	--	--	--

Line Item	FY 2025Dec 31, 2025	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014
Cash And Equivalents	1.3B	601.0M	703.0M	311.0M	386.0M	327.0M	366.0M	195.0M	124.0M	75.6M	146.0M	38.6M
Trading Financial Assets	723.0M	1.1B	207.0M	261.0M	25.0M	35.0M	20.0M	--	--	--	--	--
Accounts Receivable	1.3B	1.2B	929.0M	727.0M	591.0M	314.0M	295.0M	260.0M	231.0M	210.0M	129.0M	172.0M
Notes Receivable	11.7M	17.4M	15.3M	14.7M	9.6M	525,800	979,400	508,300	741,600	502,100	--	--
Notes And Accounts Receivable	1.3B	1.2B	944.0M	742.0M	601.0M	314.0M	296.0M	261.0M	232.0M	210.0M	129.0M	172.0M
Prepayments	4.9M	4.3M	4.8M	2.9M	3.4M	3.1M	2.0M	660,500	803,800	752,600	2.0M	1.9M
Inventory	293.0M	270.0M	210.0M	288.0M	207.0M	94.4M	44.8M	36.7M	48.0M	39.7M	23.4M	25.1M
Total Current Assets	3.7B	3.2B	2.1B	1.9B	1.7B	1.4B	1.2B	494.0M	408.0M	333.0M	329.0M	261.0M
Fixed Assets	468.0M	394.0M	365.0M	277.0M	235.0M	156.0M	128.0M	128.0M	105.0M	--	--	20.3M
Fixed Assets Total	468.0M	394.0M	365.0M	277.0M	235.0M	156.0M	128.0M	128.0M	105.0M	96.3M	27.2M	20.3M
Construction In Progress	11.9M	94.7M	40.4M	63.3M	32.0M	14.1M	--	--	--	--	--	85,300
Construction In Progress Total	11.9M	94.7M	40.4M	63.3M	32.0M	14.1M	--	--	--	--	23.6M	85,300
Intangible Assets	65.0M	65.3M	65.9M	71.8M	73.0M	23.7M	12.8M	13.4M	8.8M	9.2M	9.5M	8.8M
Long Term Deferred Expenses	21.5M	19.8M	21.6M	9.5M	12.8M	9.4M	5.2M	5.6M	237,100	372,700	--	--
Total Non Current Assets	734.0M	744.0M	712.0M	584.0M	463.0M	300.0M	161.0M	154.0M	120.0M	109.0M	62.8M	32.1M
Total Assets	4.4B	4.0B	2.8B	2.5B	2.2B	1.7B	1.4B	648.0M	528.0M	442.0M	392.0M	294.0M
Short Term Borrowings	149.0M	51.3M	59.0M	--	3.1M	--	--	--	--	60.0M	50.0M	--
Accounts Payable	624.0M	458.0M	401.0M	389.0M	358.0M	192.0M	111.0M	76.3M	83.8M	103.0M	65.7M	60.2M
Contract Liabilities	553,000	283,500	2.8M	119,500	594,200	2.2M	--	--	--	--	--	--
Total Current Liabilities	959.0M	709.0M	613.0M	555.0M	465.0M	377.0M	137.0M	97.2M	105.0M	261.0M	189.0M	84.7M
Long Term Borrowings	270.0M	5.0M	701,000	--	--	--	--	--	--	--	--	--
Total Non Current Liabilities	357.0M	79.5M	85.7M	69.9M	7.6M	2.3M	2.5M	2.4M	261,400	--	--	--
Total Liabilities	1.3B	788.0M	699.0M	625.0M	472.0M	379.0M	139.0M	99.6M	105.0M	261.0M	189.0M	84.7M
Paid In Capital	256.0M	256.0M	230.0M	230.0M	176.0M	127.0M	122.0M	91.1M	91.1M	71.5M	71.5M	71.5M
Capital Reserve	1.8B	1.8B	1.1B	1.1B	1.1B	820.0M	692.0M	196.0M	196.0M	3.5M	1.7M	--
Surplus Reserve	128.0M	114.0M	80.2M	57.0M	39.4M	39.4M	33.1M	18.4M	8.5M	20.4M	19.4M	13.6M
Retained Earnings	1.4B	1.0B	720.0M	531.0M	390.0M	396.0M	370.0M	243.0M	127.0M	85.4M	110.0M	123.0M
Minority Equity	12.6M	10.9M	12.0M	11.7M	12.1M	13.6M	--	--	--	--	--	1.2M
Equity Attributable	3.1B	3.2B	2.1B	1.9B	1.7B	1.3B	1.2B	549.0M	423.0M	181.0M	203.0M	208.0M
Total Equity	3.1B	3.2B	2.1B	1.9B	1.7B	1.3B	1.2B	549.0M	423.0M	181.0M	203.0M	209.0M

Line Item	FY 2025Dec 31, 2025	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014
Cash From Sales	2.9B	2.3B	1.7B	1.5B	939.0M	732.0M	580.0M	508.0M	451.0M	253.0M	387.0M	259.0M
Tax Refunds Received	79.3M	80.0M	55.8M	67.4M	43.8M	16.8M	7.9M	3.4M	10.2M	1.8M	23,300	259,200
Total Operating Cash Inflow	3.1B	2.4B	1.8B	1.5B	991.0M	758.0M	602.0M	520.0M	468.0M	259.0M	389.0M	260.0M
Cash Paid For Goods	1.8B	1.7B	1.1B	1.1B	779.0M	419.0M	260.0M	216.0M	227.0M	150.0M	209.0M	148.0M
Cash Paid To Employees	352.0M	336.0M	284.0M	233.0M	196.0M	123.0M	95.0M	93.1M	73.3M	54.0M	32.8M	25.0M
Taxes Paid	152.0M	76.9M	74.8M	48.3M	28.2M	33.7M	37.6M	39.4M	35.9M	19.9M	32.0M	21.2M
Total Operating Cash Outflow	2.4B	2.1B	1.5B	1.4B	1.0B	615.0M	431.0M	388.0M	376.0M	253.0M	293.0M	214.0M
Operating Cash Flow	687.0M	271.0M	267.0M	103.0M	-44.8M	143.0M	170.0M	131.0M	92.3M	6.3M	96.0M	46.2M
Total Investing Cash Inflow	5.0B	1.9B	1.8B	2.2B	3.0B	2.0B	858.0M	1.5M	1.3M	5,800	30,000	394,300
Total Investing Cash Outflow	4.7B	2.9B	1.7B	2.3B	3.1B	2.2B	1.4B	62.0M	33.0M	59.0M	19.4M	13.8M
Investing Cash Flow	308.0M	-965.0M	164.0M	-129.0M	-81.0M	-215.0M	-503.0M	-60.5M	-31.6M	-59.0M	-19.3M	-13.4M
Cash From Borrowings	425.0M	74.1M	141.0M	--	14.8M	34.7M	--	20.0M	20.0M	80.0M	50.0M	--
Dividends And Interest Paid	151.0M	115.0M	69.7M	35.3M	36.6M	73.0M	24.3M	128,100	45.6M	56.2M	54.7M	--
Debt Repayments	62.4M	77.5M	82.1M	3.1M	11.6M	37.7M	--	20.0M	80.0M	70.0M	--	--
Total Financing Cash Inflow	425.0M	819.0M	141.0M	22.6M	361.0M	151.0M	534.0M	20.0M	120.0M	105.0M	90.1M	35.6M
Total Financing Cash Outflow	666.0M	241.0M	176.0M	80.3M	171.0M	111.0M	32.5M	20.6M	128.0M	128.0M	60.5M	38.1M
Financing Cash Flow	-241.0M	578.0M	-34.8M	-57.7M	190.0M	40.3M	502.0M	-628,100	-7.6M	-22.4M	29.5M	-2.5M
Net Change In Cash	741.0M	-101.0M	390.0M	-72.3M	58.0M	-40.8M	171.0M	71.1M	48.8M	-70.4M	109.0M	30.5M
Ending Cash Balance	1.3B	601.0M	701.0M	311.0M	384.0M	326.0M	366.0M	195.0M	124.0M	75.6M	146.0M	37.1M
Capex	72.2M	97.2M	216.0M	112.0M	181.0M	71.5M	28.8M	58.4M	33.0M	54.0M	19.4M	13.8M