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高新兴 — 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 1.4B 1.8B 2.3B 2.7B 2.3B
Revenue Growth % -21.2% -22.9% -12.7% 14.9% --
Total Revenue 1.4B 1.8B 2.3B 2.7B 2.3B
Cost Of Revenue 976.0M 1.2B 1.7B 1.9B 1.7B
+Gross Profit 441.0M 566.0M 612.0M 749.0M 591.0M
Gross Margin % 31.1% 31.5% 26.2% 28.0% 25.4%
Total Operating Cost 1.7B 1.9B 2.6B 2.8B 3.6B
Selling Expenses 223.0M 230.0M 314.0M 296.0M 282.0M
Admin Expenses 145.0M 164.0M 184.0M 212.0M 234.0M
Rd Expenses 242.0M 273.0M 308.0M 356.0M 429.0M
Finance Expenses -33.1M -31.0M -26.9M -40.8M -28.6M
+Operating Income -225.0M -104.0M -269.0M 18.0M -1.2B
Operating Margin % -15.9% -5.8% -11.5% 0.7% -51.8%
Non Operating Income 982,300 776,000 11.8M 3.1M 13.8M
Non Operating Expenses 1.3M 1.5M 2.6M 1.9M 3.7M
Investment Income 29.4M -12.0M -6.8M 60.2M 3.2M
Fair Value Change Income 2.0M 877,100 73,600 481,300 -3.6M
Asset Disposal Income -488,000 210,900 795,600 372,100 59,500
Asset Impairment Loss 15.1M 13.4M 56.6M 11.9M 787.0M
Other Income 43.8M 47.1M 53.4M 76.0M 74.4M
Income Before Tax -225.0M -105.0M -260.0M 19.2M -1.2B
Income Tax 28.8M 4.1M 19.8M -12.5M -77.7M
+Net Income -254.0M -109.0M -280.0M 31.7M -1.1B
Net Margin % -17.9% -6.1% -12.0% 1.2% -48.0%
Net Income Attributable -237.0M -103.0M -273.0M 43.3M -1.1B
Minority Interest -17.4M -5.7M -7.4M -11.6M -13.0M
Eps Basic -0.14 -0.06 -0.16 0.02 -0.63
Eps Diluted -0.14 -0.06 -0.16 0.02 -0.63
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 435.0M 455.0M 571.0M 653.0M 1.0B
Trading Financial Assets 87.0M 86.0M 21.1M 127.0M 30.1M
Accounts Receivable 1.5B 1.6B 1.7B 1.6B 1.7B
Notes Receivable 15.8M 28.5M 11.7M 23.3M 24.1M
Notes And Accounts Receivable 1.5B 1.6B 1.7B 1.7B 1.7B
Prepayments 29.6M 33.7M 14.2M 16.9M 30.9M
Inventory 417.0M 398.0M 483.0M 697.0M 687.0M
Total Current Assets 2.9B 3.4B 3.4B 3.8B 4.0B
Long Term Equity Investment 249.0M 153.0M 160.0M 149.0M 81.0M
Fixed Assets -- 195.0M 215.0M 222.0M 226.0M
Fixed Assets Total 451.0M 195.0M 215.0M 222.0M 226.0M
Construction In Progress -- 401.0M 134.0M 39.2M 6.0M
Construction In Progress Total 398.0M 401.0M 134.0M 39.2M 6.0M
Intangible Assets 64.0M 67.0M 52.0M 66.3M 83.7M
Long Term Deferred Expenses 8.1M 9.1M 6.7M 7.9M 8.5M
Total Non Current Assets 2.0B 1.9B 1.9B 2.1B 2.2B
Total Assets 4.9B 5.2B 5.3B 5.9B 6.2B
Short Term Borrowings 115.0M 142.0M 146.0M 314.0M 441.0M
Accounts Payable 997.0M 822.0M 987.0M 1.1B 1.1B
Advance Receipts -- -- -- -- --
Contract Liabilities 105.0M 79.0M 129.0M 173.0M 158.0M
Total Current Liabilities 1.7B 1.8B 1.9B 2.3B 2.5B
Long Term Borrowings -- 20.9M 6.3M -- 42.2M
Total Non Current Liabilities 399.0M 374.0M 231.0M 190.0M 341.0M
Total Liabilities 2.1B 2.2B 2.2B 2.5B 2.8B
Paid In Capital 1.7B 1.7B 1.7B 1.7B 1.7B
Capital Reserve 2.3B 2.3B 2.4B 2.4B 2.5B
Surplus Reserve 121.0M 121.0M 121.0M 121.0M 121.0M
Retained Earnings -1.5B -1.3B -1.2B -907.0M -950.0M
Minority Equity 157.0M 205.0M 52.0M 55.8M 71.5M
Equity Attributable 2.6B 2.9B 3.1B 3.4B 3.3B
Total Equity 2.8B 3.1B 3.2B 3.4B 3.4B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 1.7B 2.1B 2.4B 2.9B 2.8B
Tax Refunds Received 43.1M 56.2M 91.0M 59.7M 48.8M
Total Operating Cash Inflow 1.9B 2.6B 2.7B 3.1B 3.0B
Cash Paid For Goods 874.0M 1.1B 1.5B 1.9B 2.0B
Cash Paid To Employees 539.0M 614.0M 668.0M 637.0M 688.0M
Taxes Paid 94.5M 111.0M 150.0M 86.2M 70.0M
Total Operating Cash Outflow 1.8B 2.4B 2.6B 3.0B 3.2B
Operating Cash Flow 59.4M 178.0M 62.9M 181.0M -202.0M
Total Investing Cash Inflow 871.0M 928.0M 811.0M 774.0M 284.0M
Total Investing Cash Outflow 1.1B 1.3B 857.0M 874.0M 410.0M
Investing Cash Flow -226.0M -342.0M -45.6M -99.9M -126.0M
Cash From Borrowings 130.0M 203.0M 268.0M 391.0M 578.0M
Dividends And Interest Paid 9.1M 7.0M 12.3M 27.4M 24.1M
Debt Repayments 166.0M 185.0M 434.0M 631.0M 476.0M
Total Financing Cash Inflow 183.0M 449.0M 377.0M 422.0M 586.0M
Total Financing Cash Outflow 219.0M 254.0M 473.0M 763.0M 605.0M
Financing Cash Flow -36.1M 196.0M -96.6M -340.0M -18.9M
Net Change In Cash -201.0M 32.8M -78.4M -259.0M -350.0M
Ending Cash Balance 392.0M 593.0M 560.0M 639.0M 898.0M
Capex 129.0M 266.0M 153.0M 52.8M 84.8M
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