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ST合纵 — 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 2.6B 3.0B 3.0B 2.4B 1.3B
Revenue Growth % -10.3% -0.2% 21.8% 87.0% --
Total Revenue 2.6B 3.0B 3.0B 2.4B 1.3B
Cost Of Revenue 2.5B 2.6B 2.3B 1.9B 1.2B
+Gross Profit 192.0M 321.0M 701.0M 519.0M 63.0M
Gross Margin % 7.2% 10.9% 23.7% 21.3% 4.8%
Total Operating Cost 3.8B 3.5B 2.9B 2.3B 2.1B
Selling Expenses 234.0M 257.0M 189.0M 149.0M 135.0M
Admin Expenses 308.0M 215.0M 152.0M 117.0M 134.0M
Rd Expenses 113.0M 116.0M 97.9M 74.9M 52.4M
Finance Expenses 125.0M 108.0M 63.8M 51.0M 69.5M
+Operating Income -1.1B -868.0M 35.0M 108.0M -840.0M
Operating Margin % -43.1% -29.4% 1.2% 4.4% -64.6%
Non Operating Income 47.9M 918,700 729,700 78,100 65,900
Non Operating Expenses 13.8M 14.6M 3.7M 1.5M 1.8M
Investment Income -1.8M -292.0M -70.9M -35.6M -64.0M
Fair Value Change Income -- 206,500 7.9M -7.9M --
Asset Disposal Income -19.2M -477,800 -9,800 -13,000 -916,400
Asset Impairment Loss 261.0M 173.0M 68.2M -58.4M 428.0M
Other Income 44.8M 16.5M 17.9M 20.6M 15.5M
Income Before Tax -1.1B -882.0M 32.0M 106.0M -842.0M
Income Tax 219.0M -43.5M -985,900 -364,500 -64.3M
+Net Income -1.3B -838.0M 33.0M 106.0M -777.0M
Net Margin % -50.0% -28.4% 1.1% 4.4% -59.8%
Net Income Attributable -631.0M -643.0M 7.2M 106.0M -776.0M
Minority Interest -694.0M -195.0M 25.8M 243,600 -1.6M
Eps Basic -0.59 -0.60 0.01 0.11 -0.95
Eps Diluted -0.59 -0.60 0.01 0.11 -0.95
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 191.0M 1.5B 1.7B 666.0M 359.0M
Trading Financial Assets -- 60.2M -- 55.1M --
Accounts Receivable 855.0M 1.4B 1.1B 1.1B 805.0M
Notes Receivable 117.0M 177.0M 179.0M 124.0M 25.2M
Notes And Accounts Receivable 972.0M 1.6B 1.3B 1.2B 830.0M
Prepayments 40.2M 103.0M 72.7M 53.5M 28.8M
Inventory 457.0M 786.0M 586.0M 640.0M 567.0M
Total Current Assets 2.0B 4.6B 4.1B 2.8B 2.0B
Long Term Equity Investment 44.8M 46.3M 424.0M 485.0M 548.0M
Fixed Assets -- 3.4B 1.4B 1.1B 855.0M
Fixed Assets Total 2.4B 3.4B 1.4B 1.1B 855.0M
Construction In Progress -- 154.0M 620.0M 8.4M 112.0M
Construction In Progress Total 113.0M 167.0M 661.0M 8.4M 112.0M
Intangible Assets 538.0M 652.0M 288.0M 248.0M 249.0M
Long Term Deferred Expenses 38.9M 32.7M 23.3M 27.0M 30.1M
Total Non Current Assets 3.4B 5.1B 3.2B 2.3B 2.1B
Total Assets 5.4B 9.7B 7.3B 5.1B 4.2B
Short Term Borrowings 1.3B 1.7B 1.4B 716.0M 810.0M
Accounts Payable 1.1B 1.3B 926.0M 823.0M 850.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 65.7M 52.7M 35.5M 35.3M 64.8M
Total Current Liabilities 4.1B 5.2B 3.5B 2.6B 2.7B
Long Term Borrowings 344.0M 1.8B 686.0M 89.9M 120.0M
Total Non Current Liabilities 660.0M 2.2B 761.0M 202.0M 227.0M
Total Liabilities 4.7B 7.4B 4.3B 2.8B 2.9B
Paid In Capital 1.1B 1.1B 1.1B 1.1B 833.0M
Capital Reserve 1.4B 1.5B 1.4B 1.4B 667.0M
Surplus Reserve 59.8M 59.8M 59.8M 59.8M 58.4M
Retained Earnings -1.4B -787.0M -144.0M -151.0M -256.0M
Minority Equity -453.0M 471.0M 621.0M -697,200 -925,900
Equity Attributable 1.1B 1.8B 2.4B 2.3B 1.2B
Total Equity 668.0M 2.3B 3.0B 2.3B 1.2B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 2.4B 2.3B 1.4B 1.5B 2.0B
Tax Refunds Received 41.5M 151.0M 22.6M 5.9M 5.0M
Total Operating Cash Inflow 2.8B 2.8B 1.5B 1.6B 2.2B
Cash Paid For Goods 1.2B 3.0B 990.0M 1.3B 1.4B
Cash Paid To Employees 339.0M 396.0M 324.0M 257.0M 196.0M
Taxes Paid 86.3M 199.0M 102.0M 45.9M 33.4M
Total Operating Cash Outflow 2.5B 4.8B 1.7B 1.8B 1.9B
Operating Cash Flow 364.0M -2.0B -239.0M -220.0M 227.0M
Total Investing Cash Inflow 56.1M 76.8M 64.4M 157.0M 215.0M
Total Investing Cash Outflow 433.0M 629.0M 603.0M 365.0M 324.0M
Investing Cash Flow -377.0M -553.0M -539.0M -208.0M -109.0M
Cash From Borrowings 2.0B 3.1B 2.3B 954.0M 2.1B
Dividends And Interest Paid 114.0M 127.0M 56.1M 51.5M 70.7M
Debt Repayments 2.3B 1.9B 973.0M 1.1B 2.1B
Total Financing Cash Inflow 2.6B 4.1B 3.0B 1.9B 2.2B
Total Financing Cash Outflow 3.2B 2.4B 1.1B 1.2B 2.2B
Financing Cash Flow -532.0M 1.6B 1.8B 742.0M -30.0M
Net Change In Cash -546.0M -948.0M 1.1B 315.0M 88.1M
Ending Cash Balance 32.1M 578.0M 1.5B 467.0M 153.0M
Capex 126.0M 386.0M 592.0M 170.0M 135.0M
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