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兴源环境 — 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 1.1B 732.0M 1.4B 2.3B 2.5B
Revenue Growth % 43.6% -46.0% -42.1% -4.4% --
Total Revenue 1.1B 732.0M 1.4B 2.3B 2.5B
Cost Of Revenue 892.0M 986.0M 1.3B 2.0B 2.3B
+Gross Profit 159.0M -254.0M 31.0M 293.0M 143.0M
Gross Margin % 15.1% -34.7% 2.3% 12.5% 5.8%
Total Operating Cost 1.4B 1.7B 2.0B 2.5B 3.0B
Selling Expenses 20.3M 18.0M 27.3M 36.7M 39.0M
Admin Expenses 113.0M 146.0M 151.0M 146.0M 143.0M
Rd Expenses 47.9M 45.6M 59.9M 94.7M 99.0M
Finance Expenses 207.0M 286.0M 139.0M 99.1M 87.1M
+Operating Income -314.0M -1.0B -581.0M -37.7M -571.0M
Operating Margin % -29.9% -137.4% -42.9% -1.6% -23.3%
Non Operating Income 3.1M 2.6M 5.8M 5.3M 412,300
Non Operating Expenses 1.8M 7.8M 22.5M 11.0M 2.4M
Investment Income -6.6M -21.8M -5.3M 154.0M -12.1M
Fair Value Change Income -109,600 -122,500 -- -- -1.7M
Asset Disposal Income 54.6M 168,500 16.3M 309,900 704,600
Asset Impairment Loss 85.3M 173.0M 108.0M 20.6M 207.0M
Other Income 5.8M 7.5M 11.5M 7.9M 6.4M
Income Before Tax -313.0M -1.0B -598.0M -43.4M -573.0M
Income Tax 43.8M 27.4M -33.0M -14.5M -40.6M
+Net Income -357.0M -1.0B -565.0M -28.9M -533.0M
Net Margin % -34.0% -141.8% -41.7% -1.2% -21.7%
Net Income Attributable -302.0M -990.0M -552.0M -36.0M -529.0M
Minority Interest -54.2M -48.6M -12.6M 7.1M -3.8M
Eps Basic -0.19 -0.64 -0.36 -0.02 -0.34
Eps Diluted -0.19 -0.64 -0.36 -0.02 -0.34
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 547.0M 732.0M 585.0M 905.0M 1.1B
Trading Financial Assets -- 109,600 -- -- 44.8M
Accounts Receivable 1.1B 1.2B 1.2B 1.3B 1.1B
Notes Receivable 55.6M 40.3M 40.9M 90.3M 13.8M
Notes And Accounts Receivable 1.1B 1.2B 1.2B 1.4B 1.1B
Prepayments 70.6M 44.7M 48.8M 47.3M 55.4M
Inventory 219.0M 277.0M 261.0M 269.0M 124.0M
Total Current Assets 3.0B 3.4B 3.6B 4.3B 4.1B
Long Term Equity Investment 59.7M 62.2M 67.2M 94.7M 122.0M
Fixed Assets -- 235.0M 274.0M 307.0M 320.0M
Fixed Assets Total 232.0M 235.0M 274.0M 307.0M 320.0M
Construction In Progress -- 9.6M 4.1M 16.9M 11.9M
Construction In Progress Total 40.8M 9.6M 4.1M 16.9M 11.9M
Intangible Assets 506.0M 598.0M 563.0M 592.0M 671.0M
Long Term Deferred Expenses 2.1M 2.7M 5.0M 4.9M 4.5M
Total Non Current Assets 6.6B 6.9B 7.5B 7.4B 7.1B
Total Assets 9.6B 10.2B 11.1B 11.7B 11.2B
Short Term Borrowings 700.0M 771.0M 1.3B 1.7B 2.0B
Accounts Payable 1.8B 2.0B 2.2B 2.4B 2.3B
Advance Receipts 1.4M 8.9M 14.9M 2.1M 1.9M
Contract Liabilities 205.0M 205.0M 212.0M 225.0M 103.0M
Total Current Liabilities 6.0B 6.0B 6.3B 6.2B 5.8B
Long Term Borrowings 1.6B 1.9B 2.4B 2.6B 2.5B
Total Non Current Liabilities 2.9B 3.2B 3.3B 3.4B 3.2B
Total Liabilities 8.9B 9.2B 9.6B 9.6B 9.0B
Paid In Capital 1.6B 1.6B 1.6B 1.6B 1.6B
Capital Reserve 1.5B 1.4B 1.4B 1.4B 1.4B
Surplus Reserve 41.4M 41.4M 41.4M 41.4M 41.4M
Retained Earnings -2.8B -2.5B -1.5B -920.0M -887.0M
Minority Equity 671.0M 722.0M 338.0M 345.0M 297.0M
Equity Attributable 91.2M 279.0M 1.2B 1.8B 1.8B
Total Equity 763.0M 1.0B 1.6B 2.1B 2.1B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 1.5B 1.4B 1.7B 2.3B 2.1B
Tax Refunds Received 17.2M 8.7M 33.9M 27.0M 21.0M
Total Operating Cash Inflow 1.6B 1.6B 2.2B 2.7B 2.5B
Cash Paid For Goods 1.1B 1.2B 1.7B 2.4B 1.6B
Cash Paid To Employees 186.0M 205.0M 228.0M 275.0M 239.0M
Taxes Paid 50.9M 60.4M 66.8M 92.2M 94.9M
Total Operating Cash Outflow 1.5B 1.6B 2.6B 3.1B 2.3B
Operating Cash Flow 155.0M 34.7M -389.0M -489.0M 228.0M
Total Investing Cash Inflow 134.0M 140,800 65.5M 233.0M 248.0M
Total Investing Cash Outflow 22.4M 37.4M 27.0M 62.9M 1.4B
Investing Cash Flow 112.0M -37.2M 38.6M 170.0M -1.2B
Cash From Borrowings 839.0M 1.5B 2.9B 3.8B 4.1B
Dividends And Interest Paid 167.0M 185.0M 250.0M 281.0M 237.0M
Debt Repayments 1.5B 2.1B 2.7B 3.6B 2.8B
Total Financing Cash Inflow 1.5B 2.6B 3.1B 3.9B 4.3B
Total Financing Cash Outflow 1.9B 2.4B 3.0B 3.9B 3.1B
Financing Cash Flow -435.0M 166.0M 75.5M 6.2M 1.2B
Net Change In Cash -168.0M 164.0M -275.0M -313.0M 307.0M
Ending Cash Balance 402.0M 570.0M 406.0M 682.0M 994.0M
Capex 20.0M 37.4M 26.5M 31.2M 1.3B
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