SHENZHEN SUNWAY CO - Financials

SHENZHEN SUNWAY CO — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	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	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007
+Revenue	8.7B	7.5B	8.6B	7.6B	6.4B	5.1B	4.7B	3.4B	2.4B	1.3B	808.0M	352.0M	216.0M	163.0M	140.0M	95.0M	57.3M	17.2M
Revenue Growth %	15.8%	-12.1%	13.3%	18.6%	24.5%	9.1%	37.0%	42.4%	85.6%	60.9%	129.5%	63.0%	32.5%	16.4%	47.3%	65.9%	233.7%	--
Total Revenue	8.7B	7.5B	8.6B	7.6B	6.4B	5.1B	4.7B	3.4B	2.4B	1.3B	808.0M	352.0M	216.0M	163.0M	140.0M	95.0M	57.3M	17.2M
Cost Of Revenue	6.9B	5.9B	6.7B	6.1B	4.5B	3.2B	3.0B	2.2B	1.7B	910.0M	604.0M	288.0M	149.0M	54.7M	56.6M	40.1M	27.9M	8.8M
+Gross Profit	1.8B	1.7B	1.9B	1.5B	1.9B	1.9B	1.7B	1.3B	703.0M	390.0M	204.0M	64.0M	67.0M	108.3M	83.4M	54.9M	29.4M	8.4M
Gross Margin %	20.8%	22.1%	21.8%	19.2%	30.2%	37.3%	36.5%	36.4%	29.1%	30.0%	25.2%	18.2%	31.0%	66.4%	59.6%	57.8%	51.4%	48.7%
Total Operating Cost	8.2B	7.1B	8.1B	7.2B	5.6B	4.1B	3.6B	2.7B	1.9B	1.1B	751.0M	417.0M	213.0M	80.0M	87.9M	59.4M	39.1M	13.8M
Selling Expenses	68.1M	63.8M	57.3M	81.7M	65.1M	118.0M	69.5M	53.3M	28.9M	18.4M	14.5M	12.0M	5.6M	3.6M	3.8M	2.5M	826,500	356,800
Admin Expenses	451.0M	357.0M	360.0M	220.0M	338.0M	206.0M	142.0M	143.0M	186.0M	147.0M	125.0M	110.0M	68.5M	31.4M	26.2M	16.6M	10.5M	4.2M
Rd Expenses	677.0M	649.0M	640.0M	628.0M	586.0M	430.0M	279.0M	169.0M	--	--	--	--	--	--	--	--	--	--
Finance Expenses	-30.6M	54.4M	88.6M	-9.2M	25.2M	64.5M	45.6M	74.9M	-13.5M	-10.4M	3.6M	-1.2M	-12.2M	-13.1M	430,000	-336,500	25,000	-5,200
+Operating Income	737.0M	580.0M	715.0M	491.0M	932.0M	1.2B	1.1B	1.1B	455.0M	249.0M	62.8M	-65.2M	3.2M	83.0M	52.2M	35.6M	18.1M	3.4M
Operating Margin %	8.4%	7.7%	8.3%	6.5%	14.6%	22.9%	24.1%	31.0%	18.9%	19.2%	7.8%	-18.5%	1.5%	50.9%	37.3%	37.4%	31.7%	19.7%
Non Operating Income	3.9M	4.3M	675,200	727,400	163.0M	408,200	294,600	3.5M	88.7M	6.8M	7.2M	5.2M	5.8M	2.2M	1.4M	590,200	311,300	--
Non Operating Expenses	13.6M	11.4M	34.2M	3.9M	6.2M	3.4M	4.9M	5.3M	1.4M	2.7M	784,200	2.1M	171,900	275,500	179,400	10,100	22,800	50.00
Investment Income	115,300	-70.5M	122.0M	24.5M	10.8M	9.5M	7.9M	883,700	-10.8M	28.6M	6.3M	--	--	--	--	--	--	--
Fair Value Change Income	-22.2M	20.2M	31.1M	-19.7M	14.8M	4.9M	--	--	--	--	--	--	--	--	--	--	--	--
Asset Disposal Income	1.3M	-561,600	884,000	239,700	-1.9M	--	14,700	2,100	--	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	42.0M	7.1M	175.0M	131.0M	102.0M	20.8M	33.7M	64.5M	16.8M	5.9M	-1,700	7.2M	668,600	1.2M	132,800	205,400	-281,500	315,400
Other Income	192.0M	157.0M	51.5M	127.0M	138.0M	116.0M	14.8M	344.0M	--	--	--	--	--	--	--	--	--	--
Income Before Tax	728.0M	573.0M	681.0M	488.0M	1.1B	1.2B	1.1B	1.1B	542.0M	253.0M	69.3M	-62.1M	8.9M	84.9M	53.4M	36.2M	18.4M	3.4M
Income Tax	72.8M	49.1M	23.9M	-32.0M	115.0M	144.0M	138.0M	172.0M	18.1M	31.6M	6.2M	3.5M	2.8M	9.5M	5.2M	3.2M	42,200	-47,300
+Net Income	655.0M	524.0M	657.0M	520.0M	974.0M	1.0B	990.0M	891.0M	524.0M	221.0M	63.1M	-65.6M	6.1M	75.4M	48.2M	32.9M	18.4M	3.4M
Net Margin %	7.5%	6.9%	7.6%	6.9%	15.2%	20.0%	21.0%	25.9%	21.7%	17.0%	7.8%	-18.6%	2.8%	46.3%	34.4%	34.6%	32.1%	20.0%
Net Income Attributable	662.0M	521.0M	649.0M	505.0M	972.0M	1.0B	988.0M	889.0M	532.0M	221.0M	63.1M	-65.6M	6.1M	75.4M	48.2M	32.9M	18.4M	3.4M
Minority Interest	-6.7M	3.0M	8.5M	15.0M	1.5M	7.2M	2.1M	1.6M	-7.9M	--	--	--	--	--	--	--	--	--
Eps Basic	0.69	0.54	0.67	0.52	1.01	1.05	1.01	0.91	0.56	0.24	0.12	-0.24	0.05	0.57	0.46	0.71	0.42	0.08
Eps Diluted	0.69	0.54	0.67	0.52	1.00	1.05	1.01	0.91	0.56	0.24	0.12	-0.24	0.05	0.57	0.46	0.71	0.42	0.08

Line Item	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	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007
Cash And Equivalents	1.6B	2.0B	1.8B	1.8B	1.8B	444.0M	937.0M	1.2B	560.0M	242.0M	167.0M	193.0M	282.0M	560.0M	551.0M	40.5M	3.6M	2.8M
Trading Financial Assets	--	21.8M	5.0M	--	3.5M	--	--	--	--	--	--	--	--	--	--	--	--	--
Accounts Receivable	2.3B	2.1B	2.4B	2.2B	2.5B	2.8B	2.2B	1.3B	1.1B	477.0M	234.0M	155.0M	148.0M	44.8M	31.1M	19.8M	12.6M	2.4M
Notes Receivable	81.3M	122.0M	29.4M	32.3M	24.0M	27.9M	29.3M	100.0M	9.5M	15.1M	29.8M	14.3M	12.9M	22.7M	12.9M	7.0M	3.1M	1.4M
Notes And Accounts Receivable	2.3B	2.2B	2.5B	2.3B	2.5B	2.8B	2.2B	1.4B	1.1B	492.0M	264.0M	170.0M	161.0M	67.6M	44.0M	26.8M	15.7M	3.8M
Prepayments	44.5M	17.5M	5.5M	56.6M	5.9M	8.6M	6.9M	28.6M	39.8M	24.4M	31.0M	6.9M	15.8M	22.5M	1.2M	2.5M	2.5M	1.6M
Inventory	1.4B	2.2B	2.4B	2.4B	2.2B	609.0M	535.0M	343.0M	214.0M	120.0M	96.6M	49.6M	32.0M	12.1M	11.4M	11.9M	9.1M	3.6M
Total Current Assets	6.2B	7.0B	7.1B	7.0B	6.8B	4.2B	3.9B	3.7B	2.0B	930.0M	588.0M	436.0M	512.0M	672.0M	609.0M	82.6M	31.6M	17.7M
Long Term Equity Investment	555.0M	570.0M	559.0M	518.0M	210.0M	125.0M	117.0M	110.0M	--	34.2M	90.3M	--	--	--	--	--	--	--
Fixed Assets	--	2.4B	2.5B	2.5B	2.2B	1.5B	776.0M	482.0M	369.0M	337.0M	276.0M	275.0M	244.0M	26.2M	23.4M	25.5M	14.9M	7.7M
Fixed Assets Total	2.6B	2.4B	2.5B	2.5B	2.2B	1.5B	776.0M	482.0M	369.0M	337.0M	276.0M	275.0M	244.0M	26.2M	23.4M	25.5M	14.9M	7.7M
Construction In Progress	--	499.0M	238.0M	412.0M	500.0M	734.0M	841.0M	160.0M	32.3M	16.0M	9.4M	1.6M	8.3M	696,700	6,600	--	--	--
Construction In Progress Total	875.0M	499.0M	238.0M	412.0M	500.0M	734.0M	841.0M	160.0M	32.3M	16.0M	9.4M	1.6M	8.3M	696,700	6,600	--	--	--
Intangible Assets	519.0M	356.0M	299.0M	285.0M	252.0M	823.0M	826.0M	259.0M	57.3M	52.5M	54.2M	58.3M	46.7M	5.9M	6.0M	6.2M	--	35,500
Long Term Deferred Expenses	402.0M	309.0M	304.0M	248.0M	175.0M	185.0M	79.2M	35.1M	31.2M	21.7M	16.1M	15.2M	2.4M	2.5M	1.0M	1.1M	371,500	221,100
Total Non Current Assets	7.2B	5.9B	5.1B	5.1B	4.1B	4.2B	3.3B	1.7B	1.1B	1.0B	458.0M	362.0M	313.0M	35.5M	30.5M	32.8M	15.3M	8.0M
Total Assets	13.4B	12.9B	12.2B	12.1B	11.0B	8.4B	7.2B	5.3B	3.2B	1.9B	1.0B	798.0M	825.0M	708.0M	639.0M	115.0M	46.8M	25.8M
Short Term Borrowings	997.0M	693.0M	1.4B	1.5B	1.5B	888.0M	716.0M	1.5B	457.0M	262.0M	164.0M	37.8M	62.2M	13.7M	--	10.0M	--	--
Accounts Payable	1.6B	1.4B	1.5B	1.7B	1.8B	858.0M	858.0M	479.0M	409.0M	199.0M	139.0M	113.0M	94.7M	9.7M	11.2M	15.7M	10.9M	6.4M
Advance Receipts	--	--	--	--	--	5.5M	9.7M	1.1M	1.2M	2.4M	675,700	163,200	468,000	956,500	932,900	826,700	1.2M	3.6M
Contract Liabilities	21.5M	28.5M	32.4M	51.3M	2.9M	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	3.9B	3.7B	4.8B	4.1B	4.0B	2.7B	2.1B	2.4B	995.0M	553.0M	374.0M	170.0M	164.0M	30.8M	17.6M	31.9M	17.2M	14.5M
Long Term Borrowings	1.5B	1.5B	617.0M	1.8B	1.3B	817.0M	1.4B	--	--	--	--	--	--	--	--	--	--	--
Total Non Current Liabilities	2.1B	2.1B	792.0M	2.0B	1.4B	862.0M	1.4B	114.0M	217.0M	4.5M	--	--	--	2.2M	2.2M	2.2M	--	--
Total Liabilities	6.0B	5.8B	5.6B	6.1B	5.4B	3.6B	3.5B	2.6B	1.2B	557.0M	374.0M	170.0M	164.0M	33.0M	19.8M	34.1M	17.2M	14.5M
Paid In Capital	968.0M	968.0M	968.0M	968.0M	963.0M	969.0M	976.0M	983.0M	961.0M	598.0M	272.0M	137.0M	133.0M	133.0M	66.7M	50.0M	10.0M	10.0M
Capital Reserve	301.0M	305.0M	331.0M	331.0M	280.0M	214.0M	281.0M	358.0M	144.0M	486.0M	305.0M	453.0M	424.0M	424.0M	491.0M	17.7M	--	--
Surplus Reserve	392.0M	379.0M	341.0M	320.0M	308.0M	224.0M	168.0M	112.0M	67.7M	34.6M	22.6M	17.4M	15.8M	13.7M	6.2M	1.4M	2.0M	126,000
Retained Earnings	5.9B	5.4B	4.9B	4.4B	4.0B	3.4B	2.4B	1.5B	743.0M	274.0M	78.2M	20.4M	87.5M	104.0M	55.6M	12.3M	17.7M	1.1M
Minority Equity	28.9M	61.3M	68.2M	54.4M	42.7M	45.9M	22.9M	20.8M	28.2M	--	--	--	--	--	--	--	--	--
Equity Attributable	7.3B	7.0B	6.6B	6.0B	5.5B	4.7B	3.7B	2.8B	1.9B	1.4B	673.0M	627.0M	661.0M	675.0M	619.0M	81.4M	29.7M	11.3M
Total Equity	7.3B	7.1B	6.7B	6.0B	5.6B	4.8B	3.7B	2.8B	2.0B	1.4B	673.0M	627.0M	661.0M	675.0M	619.0M	81.4M	29.7M	11.3M

Line Item	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	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007
Cash From Sales	8.8B	8.2B	8.6B	8.0B	6.5B	4.7B	4.3B	3.4B	2.0B	1.4B	766.0M	342.0M	141.0M	155.0M	125.0M	93.0M	48.5M	19.6M
Tax Refunds Received	422.0M	462.0M	485.0M	574.0M	255.0M	343.0M	170.0M	139.0M	52.0M	58.9M	28.1M	22.6M	8.4M	--	--	--	--	--
Total Operating Cash Inflow	9.4B	8.8B	9.4B	8.8B	7.2B	5.2B	4.5B	3.8B	2.3B	1.5B	804.0M	376.0M	156.0M	165.0M	127.0M	95.9M	48.9M	19.8M
Cash Paid For Goods	5.3B	4.7B	5.9B	5.4B	3.9B	2.8B	2.6B	2.2B	1.6B	839.0M	510.0M	236.0M	112.0M	45.9M	36.7M	28.1M	18.0M	7.5M
Cash Paid To Employees	1.8B	1.4B	1.5B	1.4B	1.1B	968.0M	754.0M	449.0M	319.0M	269.0M	166.0M	98.1M	49.8M	27.8M	22.4M	15.9M	9.5M	3.9M
Taxes Paid	210.0M	147.0M	158.0M	122.0M	254.0M	290.0M	286.0M	206.0M	89.0M	40.3M	30.8M	15.1M	14.2M	21.7M	16.6M	9.9M	4.0M	1.8M
Total Operating Cash Outflow	8.4B	7.0B	8.2B	7.4B	5.7B	4.5B	3.9B	3.0B	2.1B	1.2B	792.0M	407.0M	224.0M	127.0M	88.7M	63.4M	36.8M	15.8M
Operating Cash Flow	1.1B	1.8B	1.2B	1.3B	1.5B	677.0M	609.0M	737.0M	151.0M	212.0M	12.0M	-31.0M	-68.6M	37.1M	38.4M	32.5M	12.1M	4.0M
Total Investing Cash Inflow	14.4M	9.2M	192.0M	55.2M	257.0M	22.0M	57.9M	1.0B	322.0M	177.0M	48,000	335,700	30,600	95,400	25,800	--	--	--
Total Investing Cash Outflow	1.1B	1.3B	794.0M	1.7B	1.0B	1.1B	1.8B	1.7B	448.0M	430.0M	153.0M	59.1M	247.0M	33.1M	7.0M	21.7M	8.1M	2.8M
Investing Cash Flow	-1.1B	-1.2B	-602.0M	-1.6B	-743.0M	-1.0B	-1.7B	-680.0M	-126.0M	-253.0M	-153.0M	-58.7M	-247.0M	-33.0M	-7.0M	-21.7M	-8.1M	-2.8M
Cash From Borrowings	1.8B	2.4B	2.2B	3.4B	4.0B	1.6B	2.8B	1.6B	536.0M	460.0M	265.0M	88.9M	62.3M	13.9M	10.0M	10.6M	10.4M	7.5M
Dividends And Interest Paid	155.0M	101.0M	105.0M	137.0M	105.0M	89.6M	128.0M	74.8M	45.4M	26.3M	3.9M	1.0M	21.2M	20.2M	490,100	8.3M	--	--
Debt Repayments	1.7B	2.5B	2.7B	2.9B	3.3B	1.4B	2.2B	548.0M	332.0M	417.0M	139.0M	114.0M	13.8M	--	20.0M	3.9M	13.6M	7.1M
Total Financing Cash Inflow	1.8B	2.4B	2.2B	3.6B	4.1B	1.6B	3.3B	1.8B	651.0M	551.0M	268.0M	116.0M	72.4M	24.8M	506.0M	39.4M	10.4M	7.5M
Total Financing Cash Outflow	2.3B	2.8B	2.9B	3.2B	3.5B	1.7B	2.5B	1.2B	377.0M	443.0M	152.0M	115.0M	34.9M	20.2M	26.3M	13.4M	13.6M	7.1M
Financing Cash Flow	-435.0M	-368.0M	-696.0M	386.0M	537.0M	-129.0M	868.0M	632.0M	274.0M	107.0M	116.0M	880,600	37.5M	4.6M	479.0M	26.0M	-3.3M	431,300
Net Change In Cash	-396.0M	187.0M	-44.4M	84.1M	1.3B	-496.0M	-279.0M	654.0M	318.0M	74.5M	-25.6M	-89.0M	-278.0M	8.7M	511.0M	36.9M	784,500	1.6M
Ending Cash Balance	1.6B	2.0B	1.8B	1.8B	1.7B	439.0M	935.0M	1.2B	560.0M	242.0M	167.0M	193.0M	282.0M	560.0M	551.0M	40.5M	3.6M	2.8M
Capex	1.1B	590.0M	712.0M	1.3B	917.0M	1.1B	1.7B	569.0M	98.6M	141.0M	49.2M	59.1M	76.6M	33.1M	7.0M	21.7M	8.1M	2.8M