海顺新材 - Financials

海顺新材 — 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	1.1B	1.0B	1.0B	857.0M	714.0M	621.0M	507.0M	376.0M	301.0M	294.0M	290.0M	277.0M	210.0M	149.0M
Revenue Growth %	11.9%	0.8%	18.2%	20.0%	15.0%	22.5%	34.8%	24.9%	2.4%	1.4%	4.7%	31.9%	40.9%	--
Total Revenue	1.1B	1.0B	1.0B	857.0M	714.0M	621.0M	507.0M	376.0M	301.0M	294.0M	290.0M	277.0M	210.0M	149.0M
Cost Of Revenue	813.0M	713.0M	741.0M	610.0M	470.0M	428.0M	341.0M	235.0M	185.0M	186.0M	188.0M	182.0M	139.0M	99.1M
+Gross Profit	330.0M	308.0M	272.0M	247.0M	244.0M	193.0M	166.0M	141.0M	116.0M	108.0M	102.0M	95.0M	71.0M	49.9M
Gross Margin %	28.9%	30.2%	26.9%	28.8%	34.2%	31.1%	32.7%	37.5%	38.5%	36.7%	35.2%	34.3%	33.8%	33.5%
Total Operating Cost	1.1B	933.0M	900.0M	756.0M	618.0M	567.0M	443.0M	309.0M	233.0M	229.0M	229.0M	224.0M	169.0M	126.0M
Selling Expenses	57.3M	54.7M	45.6M	42.6M	51.0M	38.6M	31.8M	21.9M	14.4M	13.0M	13.5M	12.9M	10.2M	8.3M
Admin Expenses	80.3M	71.6M	60.3M	59.3M	50.9M	60.1M	37.9M	27.9M	32.1M	29.7M	26.1M	24.9M	18.5M	16.2M
Rd Expenses	52.3M	50.4M	44.5M	32.9M	24.3M	26.4M	23.3M	16.9M	--	--	--	--	--	--
Finance Expenses	30.3M	19.9M	-8.3M	2.3M	14.5M	7.6M	708,200	1.4M	-1.6M	-2.0M	13,400	1.3M	894,400	688,200
+Operating Income	97.4M	109.0M	123.0M	118.0M	119.0M	73.9M	76.9M	76.0M	72.9M	66.4M	61.2M	53.0M	41.0M	23.3M
Operating Margin %	8.5%	10.7%	12.1%	13.8%	16.7%	11.9%	15.2%	20.2%	24.2%	22.6%	21.1%	19.1%	19.5%	15.6%
Non Operating Income	721,900	426,100	1.6M	1.1M	322,600	122,100	799,500	1.1M	2.0M	4.2M	3.4M	894,600	326,600	52,600
Non Operating Expenses	341,100	604,000	1.4M	1.5M	1.0M	923,700	676,800	226,700	1.1M	2.1M	651,600	8,100	166,000	26,400
Investment Income	7.5M	7.7M	64,500	12.5M	20.2M	17.2M	8.2M	6.9M	5.1M	1.0M	367,200	--	--	--
Fair Value Change Income	-3.2M	--	--	--	--	--	--	--	--	--	--	--	--	--
Asset Disposal Income	-75,200	180,100	-236,700	-157,100	--	-103,100	-61,000	-79,900	-44,700	--	--	--	--	--
Asset Impairment Loss	18.8M	12.5M	3.7M	2.5M	2.2M	942,200	4.2M	3.6M	2.4M	663,800	262,600	2.1M	121,200	1.3M
Other Income	17.2M	13.3M	9.8M	4.2M	3.4M	3.0M	4.3M	2.5M	--	--	--	--	--	--
Income Before Tax	97.8M	109.0M	123.0M	117.0M	119.0M	73.1M	77.0M	76.9M	73.9M	68.5M	63.9M	53.9M	41.2M	23.3M
Income Tax	16.9M	14.6M	13.1M	8.4M	13.3M	7.4M	12.6M	11.2M	8.9M	9.7M	9.6M	9.4M	7.1M	3.5M
+Net Income	80.9M	94.3M	110.0M	109.0M	105.0M	65.7M	64.4M	65.7M	65.0M	58.8M	54.3M	44.5M	34.1M	19.8M
Net Margin %	7.1%	9.2%	10.9%	12.7%	14.7%	10.6%	12.7%	17.5%	21.6%	20.0%	18.7%	16.1%	16.2%	13.3%
Net Income Attributable	74.6M	85.4M	102.0M	105.0M	103.0M	67.0M	66.2M	65.8M	64.6M	58.8M	54.2M	44.5M	34.1M	19.8M
Minority Interest	6.3M	8.9M	7.4M	4.4M	2.5M	-1.2M	-1.8M	-111,500	365,200	16,700	67,200	13,500	--	--
Eps Basic	0.39	0.44	0.53	0.64	0.67	0.44	0.44	0.65	1.26	1.47	1.36	1.11	0.85	0.51
Eps Diluted	0.39	0.44	0.53	0.64	0.67	0.43	0.44	0.65	1.26	1.47	1.36	1.11	0.85	0.51

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	328.0M	706.0M	321.0M	634.0M	89.0M	79.7M	63.9M	120.0M	107.0M	94.3M	71.4M	31.0M	28.0M	17.6M
Trading Financial Assets	152.0M	61.2M	30.8M	28.9M	11.0M	29.0M	--	--	--	--	--	--	--	--
Accounts Receivable	302.0M	253.0M	273.0M	200.0M	186.0M	165.0M	159.0M	121.0M	113.0M	79.6M	82.6M	81.8M	54.2M	49.2M
Notes Receivable	--	--	--	--	--	--	45.1M	25.4M	15.6M	26.4M	12.5M	10.6M	2.3M	2.4M
Notes And Accounts Receivable	302.0M	253.0M	273.0M	200.0M	186.0M	165.0M	204.0M	146.0M	128.0M	106.0M	95.1M	92.4M	56.5M	51.6M
Prepayments	7.4M	9.2M	10.0M	8.9M	6.2M	11.4M	6.5M	4.9M	2.7M	996,100	1.7M	1.6M	2.4M	1.9M
Inventory	224.0M	196.0M	193.0M	161.0M	117.0M	114.0M	106.0M	62.7M	41.9M	23.8M	25.5M	33.3M	39.5M	22.4M
Total Current Assets	1.1B	1.3B	899.0M	1.1B	555.0M	526.0M	515.0M	466.0M	485.0M	227.0M	197.0M	160.0M	129.0M	95.6M
Long Term Equity Investment	202.0M	217.0M	240.0M	241.0M	237.0M	226.0M	482,600	--	--	--	--	--	--	--
Fixed Assets	--	517.0M	--	310.0M	315.0M	331.0M	292.0M	92.1M	78.3M	68.2M	74.0M	79.7M	73.9M	68.5M
Fixed Assets Total	1.1B	517.0M	476.0M	310.0M	315.0M	331.0M	292.0M	92.1M	78.3M	68.2M	74.0M	79.7M	73.9M	68.5M
Construction In Progress	--	584.0M	--	364.0M	166.0M	3.5M	17.0M	95.5M	59.8M	11.1M	--	--	--	966,100
Construction In Progress Total	100.0M	584.0M	265.0M	364.0M	166.0M	3.5M	17.0M	95.5M	59.8M	11.1M	--	--	--	966,100
Intangible Assets	121.0M	124.0M	127.0M	131.0M	104.0M	107.0M	73.4M	14.1M	14.4M	14.8M	15.1M	15.5M	15.8M	15.8M
Long Term Deferred Expenses	9.5M	5.6M	5.7M	2.2M	2.6M	5.2M	6.3M	6.8M	9.0M	1.0M	319,100	45,100	92,100	35,600
Total Non Current Assets	1.8B	1.7B	1.4B	1.1B	851.0M	709.0M	428.0M	244.0M	199.0M	112.0M	91.3M	96.9M	91.3M	91.6M
Total Assets	2.9B	3.0B	2.3B	2.3B	1.4B	1.2B	942.0M	710.0M	684.0M	339.0M	288.0M	257.0M	220.0M	187.0M
Short Term Borrowings	138.0M	134.0M	102.0M	194.0M	210.0M	171.0M	26.5M	--	10.0M	--	--	--	13.5M	3.0M
Accounts Payable	130.0M	108.0M	102.0M	137.0M	78.6M	65.7M	48.2M	33.1M	22.9M	13.3M	14.2M	18.3M	20.4M	9.0M
Advance Receipts	--	--	--	--	--	6.6M	3.4M	2.7M	2.0M	2.6M	3.5M	2.3M	3.0M	1.8M
Contract Liabilities	16.0M	9.6M	11.7M	6.8M	4.2M	--	--	--	--	--	--	--	--	--
Total Current Liabilities	458.0M	457.0M	462.0M	490.0M	437.0M	433.0M	174.0M	68.5M	81.8M	60.2M	48.2M	53.6M	47.8M	48.7M
Long Term Borrowings	19.1M	74.7M	125.0M	165.0M	75.3M	32.7M	49.0M	--	--	--	--	--	--	--
Total Non Current Liabilities	599.0M	607.0M	164.0M	189.0M	91.7M	39.1M	54.1M	7.7M	7.7M	7.7M	7.7M	7.7M	7.7M	7.7M
Total Liabilities	1.1B	1.1B	626.0M	679.0M	529.0M	472.0M	228.0M	76.2M	89.5M	67.9M	55.9M	61.2M	55.5M	56.4M
Paid In Capital	194.0M	194.0M	194.0M	194.0M	157.0M	157.0M	101.0M	67.3M	53.4M	40.0M	40.0M	40.0M	40.0M	40.0M
Capital Reserve	811.0M	825.0M	825.0M	825.0M	264.0M	260.0M	273.0M	306.0M	320.0M	67.7M	67.7M	67.7M	67.7M	67.7M
Surplus Reserve	74.1M	65.2M	59.7M	53.2M	42.4M	33.3M	22.3M	20.2M	17.6M	14.7M	11.7M	8.3M	5.2M	2.8M
Retained Earnings	576.0M	589.0M	518.0M	446.0M	360.0M	274.0M	249.0M	219.0M	182.0M	147.0M	111.0M	78.4M	52.0M	20.3M
Minority Equity	87.0M	91.8M	82.9M	75.5M	71.2M	68.6M	69.9M	21.8M	21.9M	1.6M	1.6M	1.5M	--	--
Equity Attributable	1.7B	1.8B	1.6B	1.5B	805.0M	694.0M	645.0M	612.0M	573.0M	269.0M	231.0M	194.0M	165.0M	131.0M
Total Equity	1.8B	1.9B	1.7B	1.6B	876.0M	762.0M	715.0M	634.0M	594.0M	271.0M	232.0M	196.0M	165.0M	131.0M

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	991.0M	883.0M	995.0M	911.0M	615.0M	473.0M	361.0M	291.0M	202.0M	200.0M	182.0M	147.0M	116.0M	84.2M
Tax Refunds Received	25.4M	54.2M	39.9M	21.7M	6.1M	5.4M	6.0M	2.9M	3.1M	8.0M	2.3M	4.8M	3.8M	2.1M
Total Operating Cash Inflow	1.1B	976.0M	1.1B	996.0M	697.0M	533.0M	382.0M	312.0M	213.0M	229.0M	199.0M	163.0M	127.0M	86.5M
Cash Paid For Goods	596.0M	578.0M	719.0M	605.0M	391.0M	209.0M	200.0M	140.0M	101.0M	86.8M	57.3M	55.6M	54.5M	41.0M
Cash Paid To Employees	159.0M	142.0M	115.0M	91.6M	68.9M	61.1M	49.0M	34.5M	25.8M	20.2M	19.9M	17.5M	14.1M	11.2M
Taxes Paid	70.2M	72.1M	51.8M	50.5M	44.3M	36.0M	28.3M	26.7M	19.4M	22.1M	24.6M	18.5M	11.3M	5.1M
Total Operating Cash Outflow	917.0M	876.0M	999.0M	856.0M	619.0M	437.0M	355.0M	257.0M	179.0M	176.0M	136.0M	134.0M	101.0M	78.0M
Operating Cash Flow	161.0M	101.0M	137.0M	140.0M	77.5M	95.9M	27.5M	55.1M	33.5M	53.3M	62.8M	28.4M	26.5M	8.5M
Total Investing Cash Inflow	499.0M	191.0M	434.0M	223.0M	521.0M	127.0M	592.0M	562.0M	622.0M	147.0M	39.7M	--	--	7,050
Total Investing Cash Outflow	741.0M	487.0M	771.0M	472.0M	634.0M	323.0M	693.0M	553.0M	867.0M	161.0M	40.7M	5.7M	4.2M	15.2M
Investing Cash Flow	-242.0M	-296.0M	-337.0M	-249.0M	-113.0M	-196.0M	-101.0M	9.4M	-246.0M	-14.2M	-1.0M	-5.7M	-4.2M	-15.2M
Cash From Borrowings	148.0M	165.0M	141.0M	290.0M	220.0M	178.0M	73.3M	--	--	--	--	--	13.5M	3.0M
Dividends And Interest Paid	99.2M	21.4M	35.8M	22.7M	18.5M	36.4M	34.8M	27.0M	27.1M	20.0M	18.0M	15.1M	659,700	229,900
Debt Repayments	259.0M	183.0M	226.0M	252.0M	140.0M	49.8M	6.5M	12.0M	10.0M	--	--	13.5M	3.0M	5.0M
Total Financing Cash Inflow	172.0M	803.0M	148.0M	931.0M	220.0M	208.0M	73.3M	--	274.0M	--	--	1.5M	13.5M	24.4M
Total Financing Cash Outflow	469.0M	208.0M	265.0M	277.0M	167.0M	87.0M	81.3M	48.0M	48.2M	20.0M	18.0M	28.6M	20.0M	8.2M
Financing Cash Flow	-297.0M	595.0M	-117.0M	653.0M	53.4M	121.0M	-8.0M	-48.0M	226.0M	-20.0M	-18.0M	-27.1M	-6.5M	16.2M
Net Change In Cash	-380.0M	403.0M	-311.0M	543.0M	15.4M	20.4M	-80.8M	15.6M	15.0M	19.1M	43.8M	-4.4M	15.8M	9.5M
Ending Cash Balance	326.0M	705.0M	302.0M	613.0M	70.6M	55.2M	34.7M	116.0M	99.9M	84.9M	65.8M	22.1M	26.5M	10.7M
Capex	171.0M	299.0M	347.0M	242.0M	139.0M	83.3M	67.7M	45.8M	57.2M	15.2M	1.4M	5.7M	4.2M	15.2M