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和顺电气 — 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 428.0M 338.0M 311.0M 325.0M 526.0M
Revenue Growth % 26.6% 8.7% -4.3% -38.2% --
Total Revenue 428.0M 338.0M 311.0M 325.0M 526.0M
Cost Of Revenue 346.0M 257.0M 241.0M 245.0M 476.0M
+Gross Profit 82.0M 81.0M 70.0M 80.0M 50.0M
Gross Margin % 19.2% 24.0% 22.5% 24.6% 9.5%
Total Operating Cost 460.0M 335.0M 328.0M 327.0M 603.0M
Selling Expenses 25.9M 26.7M 28.1M 26.2M 31.6M
Admin Expenses 37.5M 27.1M 22.6M 20.2M 22.5M
Rd Expenses 29.1M 15.2M 13.3M 18.5M 28.4M
Finance Expenses 1.7M 2.4M 3.8M 4.1M 8.4M
+Operating Income -24.8M 7.5M -11.8M 5.2M -74.9M
Operating Margin % -5.8% 2.2% -3.8% 1.6% -14.2%
Non Operating Income 548,800 169,600 231,000 400,800 3.1M
Non Operating Expenses 1.3M 4.7M 2.1M 670,100 293,500
Investment Income 3.8M 2.9M 3.6M 6.5M 1.4M
Fair Value Change Income 124,200 -- -- -- --
Asset Disposal Income 3,700 20,800 16,600 5,600 86,800
Asset Impairment Loss 15.5M 1.3M 15.5M 7.2M 21.3M
Other Income 3.5M 1.6M 1.6M 1.2M 460,700
Income Before Tax -25.5M 3.0M -13.6M 5.0M -72.2M
Income Tax 1.8M -3.0M -1.9M -4.6M -9.6M
+Net Income -27.3M 6.0M -11.7M 9.6M -62.6M
Net Margin % -6.4% 1.8% -3.7% 2.9% -11.9%
Net Income Attributable -26.8M 6.9M -10.2M 9.0M -58.9M
Minority Interest -497,300 -918,200 -1.5M 586,300 -3.7M
Eps Basic -0.11 0.03 -0.04 0.04 -0.23
Eps Diluted -0.11 0.03 -0.04 0.04 -0.23
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 232.0M 186.0M 223.0M 218.0M 191.0M
Trading Financial Assets 135.0M -- -- -- --
Accounts Receivable 310.0M 314.0M 280.0M 309.0M 374.0M
Notes Receivable -- -- -- 396,200 1.8M
Notes And Accounts Receivable 310.0M 314.0M 280.0M 309.0M 376.0M
Prepayments 4.4M 7.9M 5.0M 8.5M 11.0M
Inventory 24.3M 50.1M 50.0M 48.9M 58.4M
Total Current Assets 714.0M 653.0M 628.0M 628.0M 693.0M
Long Term Equity Investment 25.1M 23.9M 22.0M 18.6M 12.1M
Fixed Assets -- 243.0M 247.0M 271.0M 234.0M
Fixed Assets Total 232.0M 243.0M 247.0M 271.0M 234.0M
Construction In Progress -- 390,200 141,500 141,500 --
Construction In Progress Total 915,300 390,200 141,500 141,500 --
Intangible Assets 1.6M 1.6M 1.7M 1.8M 6.7M
Long Term Deferred Expenses 5.9M 6.0M 7.1M 8.9M 10.8M
Total Non Current Assets 356.0M 368.0M 366.0M 398.0M 312.0M
Total Assets 1.1B 1.0B 994.0M 1.0B 1.0B
Short Term Borrowings 59.0M 65.0M 100.0M 130.0M 155.0M
Accounts Payable 198.0M 213.0M 151.0M 142.0M 160.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 4.0M 2.3M 2.5M 2.3M 2.6M
Total Current Liabilities 390.0M 321.0M 305.0M 320.0M 326.0M
Long Term Borrowings -- -- -- -- --
Total Non Current Liabilities 21.0M 20.4M 16.2M 16.7M --
Total Liabilities 411.0M 342.0M 321.0M 337.0M 326.0M
Paid In Capital 254.0M 254.0M 254.0M 254.0M 254.0M
Capital Reserve 245.0M 235.0M 235.0M 235.0M 235.0M
Surplus Reserve 32.7M 32.7M 31.7M 31.5M 31.1M
Retained Earnings 117.0M 147.0M 141.0M 155.0M 147.0M
Minority Equity 10.0M 10.5M 11.4M 12.9M 12.3M
Equity Attributable 648.0M 669.0M 662.0M 676.0M 667.0M
Total Equity 658.0M 679.0M 673.0M 689.0M 679.0M
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 469.0M 330.0M 367.0M 319.0M 458.0M
Tax Refunds Received 253,400 5.3M 11.8M 340,200 368,900
Total Operating Cash Inflow 487.0M 348.0M 421.0M 339.0M 482.0M
Cash Paid For Goods 278.0M 198.0M 216.0M 194.0M 339.0M
Cash Paid To Employees 37.7M 28.1M 25.4M 26.5M 28.2M
Taxes Paid 12.6M 24.4M 13.3M 8.6M 5.4M
Total Operating Cash Outflow 388.0M 286.0M 293.0M 268.0M 465.0M
Operating Cash Flow 99.9M 61.6M 128.0M 71.2M 17.7M
Total Investing Cash Inflow 1.2B 182.0M 20,000 499,400 292,400
Total Investing Cash Outflow 1.3B 235.0M 48.8M 4.3M 15.8M
Investing Cash Flow -55.2M -53.3M -48.8M -3.8M -15.5M
Cash From Borrowings 77.0M 65.0M 170.0M 130.0M 165.0M
Dividends And Interest Paid 5.2M 2.9M 8.6M 5.7M 13.8M
Debt Repayments 83.0M 100.0M 200.0M 155.0M 253.0M
Total Financing Cash Inflow 77.0M 65.0M 170.0M 130.0M 165.0M
Total Financing Cash Outflow 89.4M 104.0M 210.0M 162.0M 276.0M
Financing Cash Flow -12.4M -38.9M -39.6M -31.5M -111.0M
Net Change In Cash 32.4M -30.6M 39.6M 35.9M -109.0M
Ending Cash Balance 203.0M 171.0M 201.0M 162.0M 126.0M
Capex 8.7M 16.5M 830,000 4.3M 15.8M
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