SHENZHEN FORMS SYN - Financials

SHENZHEN FORMS SYN — 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
+Revenue	740.0M	730.0M	664.0M	642.0M	574.0M	526.0M	488.0M	508.0M	367.0M	300.0M	338.0M	315.0M	283.0M	244.0M
Revenue Growth %	1.4%	9.9%	3.4%	11.8%	9.1%	7.8%	-3.9%	38.4%	22.3%	-11.2%	7.3%	11.3%	16.0%	--
Total Revenue	740.0M	730.0M	664.0M	642.0M	574.0M	526.0M	488.0M	508.0M	367.0M	300.0M	338.0M	315.0M	283.0M	244.0M
Cost Of Revenue	495.0M	510.0M	445.0M	366.0M	300.0M	266.0M	297.0M	264.0M	182.0M	168.0M	178.0M	159.0M	130.0M	110.0M
+Gross Profit	245.0M	220.0M	219.0M	276.0M	274.0M	260.0M	191.0M	244.0M	185.0M	132.0M	160.0M	156.0M	153.0M	134.0M
Gross Margin %	33.1%	30.1%	33.0%	43.0%	47.7%	49.4%	39.1%	48.0%	50.4%	44.0%	47.3%	49.5%	54.1%	54.9%
Total Operating Cost	670.0M	688.0M	632.0M	574.0M	505.0M	431.0M	425.0M	419.0M	288.0M	246.0M	249.0M	229.0M	193.0M	164.0M
Selling Expenses	18.0M	17.2M	12.2M	10.3M	9.1M	3.4M	2.4M	2.4M	3.0M	3.9M	3.4M	3.2M	3.2M	2.5M
Admin Expenses	96.5M	106.0M	94.1M	99.7M	111.0M	86.7M	57.7M	58.3M	105.0M	78.0M	69.4M	66.6M	58.9M	51.6M
Rd Expenses	70.1M	62.7M	94.2M	84.8M	79.7M	84.3M	75.3M	94.6M	--	--	--	--	--	--
Finance Expenses	-23.6M	-12.6M	-19.4M	9.0M	1.8M	-10.5M	-10.8M	-3.0M	-3.9M	-3.8M	-2.2M	167,500	180,400	-149,500
+Operating Income	72.7M	46.7M	35.7M	68.8M	72.6M	101.0M	67.7M	88.8M	79.2M	54.1M	88.8M	86.1M	90.4M	80.8M
Operating Margin %	9.8%	6.4%	5.4%	10.7%	12.7%	19.2%	13.9%	17.5%	21.6%	18.0%	26.3%	27.3%	31.9%	33.1%
Non Operating Income	1.9M	1.5M	6.6M	3.3M	5.9M	2.6M	4.4M	3.9M	2.9M	1.6M	2.9M	3.4M	3.2M	1.4M
Non Operating Expenses	1.2M	329,600	76,400	171,900	723,100	30,300	1.0M	94,600	--	--	2,000	2,000	1,300	14,100
Investment Income	--	--	--	-1.4M	1.4M	549,100	5.0M	-61,100	--	--	--	--	--	558,700
Asset Disposal Income	--	--	--	--	--	20,500	--	--	--	--	--	--	--	--
Asset Impairment Loss	9.2M	-15,800	-588,300	3.5M	-114,000	--	2.8M	1.8M	770,600	532,100	243,700	28,300	581,800	204,300
Other Income	2.0M	4.5M	3.2M	2.8M	1.9M	6.6M	--	--	--	--	--	--	--	--
Income Before Tax	73.4M	47.9M	42.2M	71.9M	77.8M	104.0M	71.1M	92.6M	82.1M	55.7M	91.7M	89.6M	93.6M	82.2M
Income Tax	6.0M	490,300	1.0M	5.2M	3.2M	7.8M	2.3M	4.4M	6.4M	5.0M	7.4M	7.4M	12.9M	10.5M
+Net Income	67.4M	47.4M	41.2M	66.8M	74.6M	96.2M	68.8M	88.2M	75.6M	50.6M	84.3M	82.2M	80.7M	71.7M
Net Margin %	9.1%	6.5%	6.2%	10.4%	13.0%	18.3%	14.1%	17.4%	20.6%	16.9%	24.9%	26.1%	28.5%	29.4%
Net Income Attributable	67.4M	47.4M	41.2M	66.8M	74.6M	96.2M	68.8M	88.2M	75.6M	50.6M	84.3M	82.2M	80.7M	71.7M
Eps Basic	0.13	0.09	0.08	0.13	0.26	0.34	0.35	0.47	0.74	0.57	1.12	1.10	1.08	--
Eps Diluted	0.13	0.09	0.08	0.13	0.26	0.34	0.35	0.47	0.74	0.57	1.12	1.10	1.08	--

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
Cash And Equivalents	1.2B	1.1B	964.0M	475.0M	485.0M	527.0M	534.0M	544.0M	590.0M	559.0M	231.0M	223.0M	203.0M	137.0M
Accounts Receivable	128.0M	156.0M	198.0M	231.0M	210.0M	176.0M	194.0M	192.0M	122.0M	84.7M	58.6M	46.7M	45.3M	16.6M
Notes And Accounts Receivable	128.0M	156.0M	198.0M	231.0M	210.0M	176.0M	194.0M	192.0M	122.0M	84.7M	58.6M	46.7M	45.3M	16.6M
Prepayments	4.0M	1.3M	2.5M	2.9M	2.9M	4.7M	4.5M	2.5M	1.1M	4.4M	3.0M	2.6M	2.0M	589,900
Inventory	28.2M	55.9M	88.1M	104.0M	58.5M	6.0M	5.9M	5.4M	4.8M	4.5M	4.3M	4.2M	4.2M	1.0M
Total Current Assets	1.4B	1.3B	1.3B	839.0M	779.0M	723.0M	747.0M	749.0M	723.0M	655.0M	298.0M	278.0M	256.0M	157.0M
Long Term Equity Investment	--	--	--	--	46.7M	48.4M	48.1M	26.7M	--	--	--	--	--	--
Fixed Assets	--	336.0M	348.0M	350.0M	316.0M	302.0M	286.0M	18.6M	12.4M	9.4M	10.3M	12.2M	8.7M	6.8M
Fixed Assets Total	333.0M	336.0M	348.0M	350.0M	316.0M	302.0M	286.0M	18.8M	12.4M	9.4M	10.3M	12.2M	8.7M	6.8M
Construction In Progress	--	8.5M	8.5M	13.4M	12.6M	19.4M	30.9M	273.0M	230.0M	126.0M	38.8M	7.3M	1.3M	--
Construction In Progress Total	8.5M	8.5M	8.5M	13.4M	12.6M	19.4M	30.9M	273.0M	230.0M	126.0M	38.8M	7.3M	1.3M	--
Intangible Assets	23.1M	25.9M	27.6M	29.7M	30.7M	31.7M	29.2M	24.8M	23.2M	23.7M	24.2M	24.7M	25.2M	25.0M
Long Term Deferred Expenses	6.6M	7.1M	6.0M	4.9M	2.1M	2.2M	2.4M	787,800	438,200	320,300	630,500	1.0M	1.4M	1.9M
Total Non Current Assets	423.0M	438.0M	460.0M	460.0M	473.0M	474.0M	486.0M	429.0M	273.0M	159.0M	74.1M	45.4M	36.7M	33.7M
Total Assets	1.8B	1.8B	1.7B	1.3B	1.3B	1.2B	1.2B	1.2B	996.0M	815.0M	372.0M	323.0M	292.0M	191.0M
Accounts Payable	1.4M	2.9M	794,300	1.3M	1.8M	222,400	566,800	1.8M	591,400	666,300	816,900	2.7M	10.7M	2.2M
Advance Receipts	--	--	--	--	--	120,200	338,100	2.5M	1.2M	3.9M	2.5M	5.7M	9.9M	3.8M
Contract Liabilities	12.3M	6.4M	8.4M	3.9M	2.7M	--	--	--	--	--	--	--	--	--
Total Current Liabilities	143.0M	131.0M	118.0M	97.4M	82.0M	92.6M	177.0M	227.0M	149.0M	42.5M	41.9M	39.9M	53.6M	33.2M
Total Non Current Liabilities	8.2M	12.9M	14.7M	8.4M	4.3M	2.4M	2.1M	1.7M	1.3M	1.2M	986,500	811,700	582,600	--
Total Liabilities	151.0M	144.0M	132.0M	106.0M	86.3M	95.0M	179.0M	229.0M	150.0M	43.7M	42.9M	40.7M	54.2M	33.2M
Paid In Capital	531.0M	531.0M	531.0M	283.0M	283.0M	189.0M	194.0M	108.0M	104.0M	100.0M	75.0M	75.0M	75.0M	57.4M
Capital Reserve	579.0M	579.0M	579.0M	438.0M	440.0M	537.0M	596.0M	683.0M	578.0M	469.0M	66.7M	66.7M	66.7M	13.1M
Surplus Reserve	101.0M	94.9M	90.2M	84.0M	73.6M	68.2M	58.4M	51.9M	43.4M	36.0M	31.1M	22.8M	14.8M	20.2M
Retained Earnings	479.0M	450.0M	439.0M	432.0M	404.0M	366.0M	308.0M	272.0M	219.0M	166.0M	158.0M	120.0M	83.0M	68.3M
Equity Attributable	1.6B	1.6B	1.6B	1.2B	1.2B	1.1B	1.1B	949.0M	846.0M	771.0M	329.0M	282.0M	238.0M	158.0M
Total Equity	1.6B	1.6B	1.6B	1.2B	1.2B	1.1B	1.1B	949.0M	846.0M	771.0M	329.0M	282.0M	238.0M	158.0M

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
Cash From Sales	794.0M	781.0M	739.0M	632.0M	527.0M	555.0M	499.0M	448.0M	333.0M	280.0M	333.0M	318.0M	281.0M	256.0M
Tax Refunds Received	--	--	--	--	14.8M	--	3.7M	--	--	--	--	--	--	1.4M
Total Operating Cash Inflow	814.0M	802.0M	753.0M	650.0M	552.0M	573.0M	513.0M	457.0M	338.0M	285.0M	339.0M	322.0M	286.0M	260.0M
Cash Paid For Goods	20.2M	19.2M	14.0M	64.1M	30.4M	12.8M	60.7M	73.5M	25.3M	39.0M	68.0M	68.9M	52.7M	60.9M
Cash Paid To Employees	585.0M	561.0M	546.0M	487.0M	448.0M	388.0M	330.0M	292.0M	225.0M	195.0M	170.0M	154.0M	121.0M	96.4M
Taxes Paid	9.3M	19.5M	19.0M	8.8M	15.3M	16.3M	10.9M	5.0M	7.5M	7.5M	4.8M	11.2M	11.7M	20.0M
Total Operating Cash Outflow	646.0M	675.0M	612.0M	624.0M	541.0M	454.0M	434.0M	407.0M	281.0M	260.0M	260.0M	251.0M	214.0M	198.0M
Operating Cash Flow	168.0M	127.0M	141.0M	25.8M	11.3M	119.0M	79.3M	49.7M	57.2M	25.7M	78.3M	71.3M	71.6M	61.9M
Total Investing Cash Inflow	141,800	15,900	10.4M	33.0M	3.0M	335,700	2.1M	--	1,109	0.00	--	--	--	25.7M
Total Investing Cash Outflow	14.4M	7.2M	16.3M	54.4M	26.5M	27.8M	66.0M	166.0M	113.0M	89.8M	33.0M	13.2M	6.3M	66.0M
Investing Cash Flow	-14.2M	-7.2M	-5.9M	-21.4M	-23.4M	-27.4M	-63.9M	-166.0M	-113.0M	-89.8M	-33.0M	-13.2M	-6.3M	-40.3M
Dividends And Interest Paid	31.8M	31.8M	28.3M	29.3M	28.1M	28.7M	26.5M	25.5M	15.0M	37.5M	37.5M	37.5M	--	47.4M
Total Financing Cash Inflow	--	--	390.0M	--	--	--	6.6M	97.0M	100.0M	437.0M	--	--	--	29.9M
Total Financing Cash Outflow	45.3M	44.6M	44.9M	37.5M	30.1M	102.0M	33.4M	26.6M	15.5M	44.1M	37.5M	37.5M	--	47.4M
Financing Cash Flow	-45.3M	-44.6M	345.0M	-37.5M	-30.1M	-102.0M	-26.8M	70.4M	84.9M	393.0M	-37.5M	-37.5M	--	-17.6M
Net Change In Cash	109.0M	75.6M	482.0M	-35.6M	-45.0M	-9.7M	-10.0M	-47.5M	30.4M	329.0M	7.8M	20.3M	65.3M	3.5M
Ending Cash Balance	1.1B	1.0B	924.0M	442.0M	478.0M	523.0M	532.0M	542.0M	590.0M	559.0M	231.0M	223.0M	203.0M	137.0M
Capex	14.4M	7.2M	16.3M	54.4M	26.5M	27.8M	40.6M	60.8M	113.0M	89.8M	33.0M	13.2M	6.3M	32.9M