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华阳国际 — 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 1.2B 1.5B 1.8B 2.9B 1.9B
Revenue Growth % -22.6% -17.4% -36.5% 51.8% --
Total Revenue 1.2B 1.5B 1.8B 2.9B 1.9B
Cost Of Revenue 757.0M 1.0B 1.3B 2.3B 1.4B
+Gross Profit 410.0M 486.0M 533.0M 600.0M 499.0M
Gross Margin % 35.1% 32.2% 29.2% 20.9% 26.3%
Total Operating Cost 1.0B 1.3B 1.7B 2.8B 1.7B
Selling Expenses 27.5M 40.7M 44.8M 49.7M 35.7M
Admin Expenses 113.0M 121.0M 163.0M 164.0M 129.0M
Rd Expenses 44.8M 68.1M 80.0M 97.3M 72.9M
Finance Expenses 8.2M 4.0M 5.0M 11.1M 3.6M
+Operating Income 172.0M 217.0M 172.0M 148.0M 221.0M
Operating Margin % 14.7% 14.4% 9.4% 5.1% 11.7%
Non Operating Income 549,700 240,500 123,100 321,900 194,400
Non Operating Expenses 3.2M 3.0M 11.4M 1.2M 1.4M
Investment Income -323,400 8.3M 14.7M 16.8M 11.8M
Fair Value Change Income 951,500 910,400 4.1M 1.8M 2.2M
Asset Disposal Income 583,000 5.6M 1.5M 408,700 2.6M
Asset Impairment Loss 19.0M 25.6M 35.4M 27.1M 19.8M
Other Income 3.3M 19.8M 21.1M 23.6M 3.7M
Income Before Tax 169.0M 215.0M 160.0M 147.0M 220.0M
Income Tax 24.8M 25.4M 15.8M 16.5M 28.5M
+Net Income 144.0M 189.0M 145.0M 131.0M 191.0M
Net Margin % 12.3% 12.5% 7.9% 4.6% 10.1%
Net Income Attributable 125.0M 161.0M 112.0M 105.0M 173.0M
Minority Interest 19.1M 28.0M 32.4M 25.2M 17.9M
Eps Basic 0.64 0.82 0.57 0.54 0.88
Eps Diluted 0.63 0.78 0.55 0.51 0.82
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 363.0M 809.0M 625.0M 382.0M 440.0M
Trading Financial Assets 623.0M 327.0M 517.0M 758.0M 752.0M
Accounts Receivable 389.0M 445.0M 602.0M 512.0M 403.0M
Notes Receivable 2.5M 4.4M 9.4M 26.2M 93.8M
Notes And Accounts Receivable 391.0M 449.0M 611.0M 538.0M 496.0M
Prepayments 10.7M 9.1M 7.8M 7.8M 8.8M
Inventory 4.6M -- -- -- 513,900
Total Current Assets 1.7B 2.0B 2.0B 1.9B 1.9B
Long Term Equity Investment 43.5M 54.2M 52.4M 32.2M 36.1M
Fixed Assets -- 326.0M 402.0M 427.0M 362.0M
Fixed Assets Total 704.0M 326.0M 402.0M 427.0M 362.0M
Construction In Progress -- 381.0M 224.0M 115.0M 112.0M
Construction In Progress Total 23.5M 381.0M 224.0M 115.0M 112.0M
Intangible Assets 177.0M 187.0M 191.0M 195.0M 199.0M
Long Term Deferred Expenses 12.3M 6.1M 18.0M 30.7M 41.2M
Total Non Current Assets 1.4B 1.3B 1.2B 1.1B 834.0M
Total Assets 3.1B 3.3B 3.2B 3.0B 2.8B
Short Term Borrowings 1.9M 3.9M 2.4M 23.9M 69.3M
Accounts Payable 273.0M 252.0M 214.0M 163.0M 182.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 458.0M 525.0M 521.0M 425.0M 378.0M
Total Current Liabilities 1.0B 1.2B 1.2B 1.1B 964.0M
Long Term Borrowings -- -- -- -- 4.8M
Total Non Current Liabilities 429.0M 415.0M 422.0M 464.0M 343.0M
Total Liabilities 1.4B 1.6B 1.6B 1.5B 1.3B
Paid In Capital 196.0M 196.0M 196.0M 196.0M 196.0M
Capital Reserve 648.0M 642.0M 642.0M 645.0M 642.0M
Surplus Reserve 97.9M 97.9M 86.8M 79.3M 66.4M
Retained Earnings 495.0M 527.0M 435.0M 389.0M 375.0M
Minority Equity 62.9M 83.3M 99.5M 67.1M 46.2M
Equity Attributable 1.6B 1.6B 1.5B 1.4B 1.4B
Total Equity 1.6B 1.7B 1.6B 1.5B 1.4B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 1.2B 1.6B 1.9B 2.9B 1.9B
Tax Refunds Received 202,900 90,700 5.3M 803,800 2.8M
Total Operating Cash Inflow 1.7B 2.5B 2.6B 3.2B 2.1B
Cash Paid For Goods 232.0M 342.0M 518.0M 1.4B 564.0M
Cash Paid To Employees 683.0M 837.0M 1.0B 1.2B 891.0M
Taxes Paid 67.7M 101.0M 119.0M 135.0M 105.0M
Total Operating Cash Outflow 1.5B 2.2B 2.3B 2.9B 1.8B
Operating Cash Flow 174.0M 287.0M 265.0M 238.0M 260.0M
Total Investing Cash Inflow 2.9B 1.9B 2.7B 3.6B 3.2B
Total Investing Cash Outflow 3.1B 2.1B 2.6B 3.8B 3.9B
Investing Cash Flow -235.0M -128.0M 84.4M -140.0M -707.0M
Cash From Borrowings 1.9M 3.9M 2.4M 24.3M 522.0M
Dividends And Interest Paid 176.0M 107.0M 63.0M 85.7M 41.6M
Debt Repayments -- -- 8.5M 60.0M 2.4M
Total Financing Cash Inflow 1.9M 3.9M 2.4M 26.3M 522.0M
Total Financing Cash Outflow 217.0M 137.0M 108.0M 185.0M 46.1M
Financing Cash Flow -215.0M -133.0M -105.0M -159.0M 476.0M
Net Change In Cash -276.0M 24.7M 244.0M -59.9M 27.5M
Ending Cash Balance 362.0M 638.0M 614.0M 369.0M 429.0M
Capex 126.0M 70.2M 156.0M 146.0M 238.0M
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