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万顺新材 — 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 6.6B 5.4B 5.8B 5.4B 5.1B
Revenue Growth % 22.5% -8.0% 7.3% 7.3% --
Total Revenue 6.6B 5.4B 5.8B 5.4B 5.1B
Cost Of Revenue 6.2B 5.0B 5.2B 5.1B 4.6B
+Gross Profit 342.0M 349.0M 593.0M 334.0M 485.0M
Gross Margin % 5.2% 6.5% 10.2% 6.1% 9.6%
Total Operating Cost 6.8B 5.5B 5.6B 5.5B 5.0B
Selling Expenses 56.4M 56.4M 54.6M 37.3M 76.5M
Admin Expenses 164.0M 157.0M 128.0M 115.0M 90.0M
Rd Expenses 87.9M 91.2M 89.5M 67.9M 134.0M
Finance Expenses 76.4M 51.0M 78.0M 34.6M 43.3M
+Operating Income -170.0M -60.3M 202.0M -16.6M 83.1M
Operating Margin % -2.6% -1.1% 3.5% -0.3% 1.6%
Non Operating Income 3.2M 4.3M 3.2M 5.5M 10.7M
Non Operating Expenses 4.6M 4.2M 1.1M 1.2M 881,600
Investment Income 12.0M 27.8M -6.3M 453,500 -294,100
Fair Value Change Income 4.8M 920,300 -406,100 877,800 --
Asset Disposal Income -7.1M -944,300 -71,200 719,200 7.4M
Asset Impairment Loss 125.0M 52.7M 14.8M 74.8M 46.0M
Other Income 26.6M 18.5M 13.7M 5.7M 11.1M
Income Before Tax -172.0M -60.3M 204.0M -12.3M 92.9M
Income Tax 26.9M -7.8M 470,900 34.5M 25.3M
+Net Income -198.0M -52.4M 204.0M -46.9M 67.6M
Net Margin % -3.0% -1.0% 3.5% -0.9% 1.3%
Net Income Attributable -192.0M -49.9M 205.0M -43.9M 77.1M
Minority Interest -6.2M -2.5M -865,800 -2.9M -9.5M
Eps Basic -0.21 -0.05 0.29 -0.07 0.11
Eps Diluted -0.21 -0.05 0.29 -0.05 0.09
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 1.7B 2.2B 2.8B 1.3B 1.9B
Trading Financial Assets 168.0M 168.0M 20.1M 20.9M --
Accounts Receivable 1.6B 1.4B 1.3B 1.2B 1.3B
Notes Receivable 980,000 406,500 1.8M 2.8M 11.5M
Notes And Accounts Receivable 1.6B 1.4B 1.3B 1.2B 1.3B
Prepayments 117.0M 178.0M 302.0M 255.0M 314.0M
Inventory 1.1B 1.0B 988.0M 636.0M 678.0M
Total Current Assets 5.4B 5.5B 6.1B 4.0B 4.8B
Long Term Equity Investment -- -- -- -- --
Fixed Assets -- 3.2B 2.6B 2.2B 1.7B
Fixed Assets Total 3.4B 3.2B 2.6B 2.2B 1.7B
Construction In Progress -- 751.0M 738.0M 908.0M 996.0M
Construction In Progress Total 693.0M 751.0M 738.0M 908.0M 996.0M
Intangible Assets 232.0M 239.0M 255.0M 245.0M 235.0M
Long Term Deferred Expenses 19.3M 15.0M 13.1M 7.8M 8.7M
Total Non Current Assets 4.9B 4.7B 4.2B 3.8B 3.5B
Total Assets 10.3B 10.2B 10.3B 7.8B 8.3B
Short Term Borrowings 2.3B 1.7B 2.0B 1.1B 1.2B
Accounts Payable 453.0M 327.0M 297.0M 254.0M 218.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 32.6M 24.2M 22.1M 19.4M 12.9M
Total Current Liabilities 4.1B 3.8B 3.8B 3.0B 3.4B
Long Term Borrowings 253.0M 304.0M 280.0M 335.0M 396.0M
Total Non Current Liabilities 910.0M 927.0M 988.0M 1.2B 1.2B
Total Liabilities 5.0B 4.8B 4.8B 4.2B 4.6B
Paid In Capital 889.0M 910.0M 910.0M 684.0M 675.0M
Capital Reserve 3.6B 3.7B 3.7B 2.1B 2.0B
Surplus Reserve 78.7M 77.0M 73.9M 70.4M 70.4M
Retained Earnings 708.0M 902.0M 999.0M 798.0M 868.0M
Minority Equity 5.6M 11.8M 14.3M -4.2M 50.8M
Equity Attributable 5.2B 5.4B 5.5B 3.5B 3.6B
Total Equity 5.2B 5.5B 5.5B 3.5B 3.7B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 6.6B 5.7B 6.1B 5.9B 5.5B
Tax Refunds Received 135.0M 201.0M 253.0M 138.0M 162.0M
Total Operating Cash Inflow 6.9B 6.2B 6.4B 6.2B 5.8B
Cash Paid For Goods 6.6B 4.9B 6.0B 5.6B 4.9B
Cash Paid To Employees 267.0M 242.0M 216.0M 180.0M 150.0M
Taxes Paid 107.0M 120.0M 102.0M 102.0M 88.1M
Total Operating Cash Outflow 7.2B 5.7B 6.5B 6.0B 5.5B
Operating Cash Flow -292.0M 484.0M -109.0M 144.0M 317.0M
Total Investing Cash Inflow 3.0B 123.0M 20.5M 3.4M 53.8M
Total Investing Cash Outflow 3.4B 1.0B 591.0M 432.0M 671.0M
Investing Cash Flow -414.0M -877.0M -570.0M -429.0M -617.0M
Cash From Borrowings 1.6B 1.3B 2.1B 1.4B 1.6B
Dividends And Interest Paid 98.9M 119.0M 85.0M 104.0M 106.0M
Debt Repayments 1.3B 1.5B 1.4B 1.5B 1.4B
Total Financing Cash Inflow 1.6B 1.3B 3.7B 1.4B 2.6B
Total Financing Cash Outflow 1.4B 1.7B 1.5B 1.8B 1.5B
Financing Cash Flow 250.0M -330.0M 2.2B -387.0M 1.1B
Net Change In Cash -441.0M -720.0M 1.5B -670.0M 797.0M
Ending Cash Balance 1.3B 1.8B 2.5B 993.0M 1.7B
Capex 485.0M 767.0M 530.0M 411.0M 671.0M
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