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SHENZHEN ZHAOWEI M — 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 1.5B 1.2B 1.2B 1.1B 1.2B
Revenue Growth % 26.5% 4.7% 1.1% -4.6% --
Total Revenue 1.5B 1.2B 1.2B 1.1B 1.2B
Cost Of Revenue 1.0B 856.0M 810.0M 801.0M 791.0M
+Gross Profit 480.0M 350.0M 342.0M 339.0M 404.0M
Gross Margin % 31.5% 29.0% 29.7% 29.7% 33.8%
Total Operating Cost 1.3B 1.1B 1.0B 1.0B 940.0M
Selling Expenses 60.3M 42.1M 45.4M 43.2M 31.5M
Admin Expenses 80.8M 65.0M 62.6M 57.0M 35.5M
Rd Expenses 155.0M 129.0M 117.0M 133.0M 74.6M
Finance Expenses -32.7M -34.9M -35.9M -37.3M -63,400
+Operating Income 246.0M 194.0M 159.0M 156.0M 270.0M
Operating Margin % 16.1% 16.1% 13.8% 13.7% 22.6%
Non Operating Income 81,800 584,700 1.1M 529,200 96,000
Non Operating Expenses 2.2M 2.3M 1.2M 699,500 346,000
Investment Income 31.6M 37.1M 13.8M 16.3M 5.3M
Asset Disposal Income 141,600 1.6M -320,400 45,800 -22,000
Asset Impairment Loss 3.5M 411,200 7.5M 10.5M -3.6M
Other Income 21.2M 23.0M 13.5M 12.1M 9.8M
Income Before Tax 244.0M 192.0M 159.0M 156.0M 270.0M
Income Tax 19.3M 12.3M 8.3M 8.7M 25.2M
+Net Income 225.0M 180.0M 150.0M 148.0M 245.0M
Net Margin % 14.8% 14.9% 13.0% 13.0% 20.5%
Net Income Attributable 225.0M 180.0M 150.0M 148.0M 245.0M
Eps Basic 0.94 0.75 0.88 0.86 1.86
Eps Diluted 0.94 0.75 0.88 0.86 1.86
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 225.0M 132.0M 147.0M 448.0M 1.7B
Trading Financial Assets 842.0M 640.0M 473.0M 753.0M 45.1M
Accounts Receivable 547.0M 420.0M 369.0M 298.0M 361.0M
Notes Receivable 30.1M 13.5M 14.9M 11.1M 3.1M
Notes And Accounts Receivable 577.0M 434.0M 384.0M 309.0M 364.0M
Prepayments 10.9M 6.1M 8.3M 4.2M 9.4M
Inventory 184.0M 164.0M 173.0M 152.0M 139.0M
Total Current Assets 2.9B 2.6B 2.4B 2.6B 2.7B
Long Term Equity Investment 62.6M 68.0M 67.3M -- --
Fixed Assets -- 670.0M 665.0M 309.0M 275.0M
Fixed Assets Total 991.0M 670.0M 665.0M 309.0M 275.0M
Construction In Progress -- 254.0M 71.7M 257.0M 89.5M
Construction In Progress Total 18.0M 254.0M 71.7M 257.0M 89.5M
Intangible Assets 48.3M 49.4M 51.0M 40.2M 38.8M
Long Term Deferred Expenses 14.9M 14.6M 11.1M 13.6M 14.7M
Total Non Current Assets 1.2B 1.2B 1.2B 685.0M 450.0M
Total Assets 4.1B 3.8B 3.6B 3.3B 3.1B
Short Term Borrowings 141.0M 41.0M 39.7M 5.4M --
Accounts Payable 252.0M 201.0M 192.0M 170.0M 204.0M
Advance Receipts -- -- -- -- 12,700
Contract Liabilities 19.3M 21.4M 20.8M 16.6M 11.9M
Total Current Liabilities 803.0M 637.0M 528.0M 365.0M 303.0M
Long Term Borrowings -- -- -- -- --
Total Non Current Liabilities 92.9M 79.6M 83.1M 71.0M 39.0M
Total Liabilities 896.0M 716.0M 611.0M 436.0M 342.0M
Paid In Capital 240.0M 171.0M 171.0M 171.0M 107.0M
Capital Reserve 1.9B 1.9B 1.9B 1.9B 2.0B
Surplus Reserve 101.0M 85.5M 82.0M 68.3M 53.3M
Retained Earnings 1.0B 931.0M 784.0M 681.0M 655.0M
Equity Attributable 3.2B 3.1B 2.9B 2.8B 2.8B
Total Equity 3.2B 3.1B 2.9B 2.8B 2.8B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 1.5B 1.3B 1.2B 1.2B 1.2B
Tax Refunds Received 498,700 4.7M 26.6M 5.1M --
Total Operating Cash Inflow 1.6B 1.4B 1.2B 1.3B 1.2B
Cash Paid For Goods 934.0M 733.0M 617.0M 707.0M 728.0M
Cash Paid To Employees 369.0M 309.0M 279.0M 240.0M 212.0M
Taxes Paid 62.0M 49.4M 62.1M 52.6M 108.0M
Total Operating Cash Outflow 1.4B 1.2B 1.0B 1.1B 1.1B
Operating Cash Flow 124.0M 196.0M 224.0M 222.0M 147.0M
Total Investing Cash Inflow 1.5B 1.7B 1.7B 858.0M 906.0M
Total Investing Cash Outflow 1.6B 1.9B 2.2B 2.2B 1.3B
Investing Cash Flow -69.8M -181.0M -533.0M -1.4B -388.0M
Cash From Borrowings 193.0M 50.4M 52.8M 54.7M 10.8M
Dividends And Interest Paid 94.5M 29.9M 34.4M 106.0M 1.1M
Debt Repayments 35.0M 29.0M -- 0.00 43.2M
Total Financing Cash Inflow 222.0M 51.5M 83.2M 77.0M 1.9B
Total Financing Cash Outflow 145.0M 116.0M 56.2M 132.0M 99.2M
Financing Cash Flow 77.3M -64.1M 27.0M -55.4M 1.8B
Net Change In Cash 133.0M -53.3M -277.0M -1.2B 1.5B
Ending Cash Balance 225.0M 91.7M 145.0M 422.0M 1.6B
Capex 169.0M 206.0M 261.0M 236.0M 129.0M
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