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佳发教育 — 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 430.0M 604.0M 413.0M 370.0M 590.0M
Revenue Growth % -28.8% 46.2% 11.6% -37.3% --
Total Revenue 430.0M 604.0M 413.0M 370.0M 590.0M
Cost Of Revenue 209.0M 292.0M 191.0M 157.0M 304.0M
+Gross Profit 221.0M 312.0M 222.0M 213.0M 286.0M
Gross Margin % 51.4% 51.7% 53.8% 57.6% 48.5%
Total Operating Cost 406.0M 486.0M 356.0M 318.0M 447.0M
Selling Expenses 68.1M 78.4M 66.0M 58.0M 46.2M
Admin Expenses 84.1M 66.9M 40.0M 36.9M 36.2M
Rd Expenses 42.2M 44.9M 42.9M 41.7M 36.7M
Finance Expenses -17.0M -21.4M -15.1M -18.0M -2.3M
+Operating Income 33.4M 139.0M 63.3M 78.4M 207.0M
Operating Margin % 7.8% 23.0% 15.3% 21.2% 35.1%
Non Operating Income -- 1,000 20,000 -- --
Non Operating Expenses 389,900 40,900 236,800 374,000 1.6M
Investment Income -2.8M -1.7M -4.9M 3.8M 20.9M
Fair Value Change Income 736,900 -- -4.0M -- --
Asset Disposal Income 15,700 -348,400 -- 9,900 --
Asset Impairment Loss 8.6M 6.8M 6.3M 13.0M --
Other Income 11.7M 22.0M 16.0M 23.3M 42.7M
Income Before Tax 33.0M 139.0M 63.1M 78.0M 205.0M
Income Tax 3.1M 9.2M 5.5M 5.5M 1.4M
+Net Income 29.9M 130.0M 57.6M 72.5M 204.0M
Net Margin % 7.0% 21.5% 13.9% 19.6% 34.6%
Net Income Attributable 36.4M 131.0M 69.0M 82.6M 210.0M
Minority Interest -6.5M -1.4M -11.4M -10.2M -6.4M
Eps Basic 0.09 0.33 0.17 0.21 0.53
Eps Diluted 0.09 0.33 0.17 0.21 0.53
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 475.0M 638.0M 485.0M 519.0M 655.0M
Trading Financial Assets 184.0M 10.0M -- -- 13.0M
Accounts Receivable 154.0M 162.0M 141.0M 153.0M 216.0M
Notes Receivable -- 5.0M 400,000 -- 597,600
Notes And Accounts Receivable 154.0M 167.0M 141.0M 153.0M 217.0M
Prepayments 5.8M 9.8M 14.2M 3.1M 1.3M
Inventory 121.0M 93.8M 92.4M 86.2M 59.7M
Total Current Assets 982.0M 979.0M 801.0M 837.0M 1.0B
Long Term Equity Investment 65.7M 68.1M 72.0M 77.6M 59.1M
Fixed Assets -- 237.0M 250.0M 219.0M 105.0M
Fixed Assets Total 224.0M 237.0M 250.0M 219.0M 105.0M
Construction In Progress -- -- -- 31.5M 54.5M
Construction In Progress Total -- -- -- 31.5M 54.5M
Intangible Assets 67.0M 66.8M 57.8M 50.5M 44.1M
Long Term Deferred Expenses 1.2M 1.4M 2.0M 1.1M 1.8M
Total Non Current Assets 429.0M 450.0M 466.0M 478.0M 382.0M
Total Assets 1.4B 1.4B 1.3B 1.3B 1.4B
Short Term Borrowings 20.0M -- -- 63.1M --
Accounts Payable 55.9M 69.3M 72.6M 86.4M 69.2M
Advance Receipts -- 46,700 -- -- --
Contract Liabilities 14.1M 11.5M 25.1M 18.9M 15.6M
Total Current Liabilities 181.0M 208.0M 202.0M 265.0M 224.0M
Total Non Current Liabilities 351,500 691,100 2.7M 5.6M 908,300
Total Liabilities 181.0M 209.0M 205.0M 270.0M 225.0M
Paid In Capital 400.0M 400.0M 400.0M 400.0M 400.0M
Capital Reserve 20.7M 15.9M 18.5M 18.5M 18.5M
Surplus Reserve 85.7M 78.9M 102.0M 97.5M 88.6M
Retained Earnings 705.0M 735.0M 638.0M 613.0M 617.0M
Minority Equity 18.0M 26.5M 27.8M 39.1M 47.3M
Equity Attributable 1.2B 1.2B 1.0B 1.0B 1.1B
Total Equity 1.2B 1.2B 1.1B 1.0B 1.2B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 534.0M 611.0M 471.0M 447.0M 555.0M
Tax Refunds Received 10.2M 16.9M 13.0M 21.2M 31.6M
Total Operating Cash Inflow 570.0M 665.0M 514.0M 495.0M 611.0M
Cash Paid For Goods 309.0M 283.0M 242.0M 218.0M 308.0M
Cash Paid To Employees 122.0M 103.0M 99.0M 91.2M 75.7M
Taxes Paid 44.6M 47.4M 29.5M 60.6M 62.0M
Total Operating Cash Outflow 520.0M 486.0M 409.0M 415.0M 494.0M
Operating Cash Flow 50.1M 180.0M 104.0M 80.3M 118.0M
Total Investing Cash Inflow 260.0M 4.8M 3.0M 22.4M 1.4B
Total Investing Cash Outflow 452.0M 39.3M 37.1M 98.2M 1.1B
Investing Cash Flow -192.0M -34.5M -34.1M -75.8M 320.0M
Cash From Borrowings 20.0M -- -- 63.0M --
Dividends And Interest Paid 59.7M 27.3M 40.1M 78.5M 79.9M
Debt Repayments -- -- 63.0M -- --
Total Financing Cash Inflow 36.4M 39.3M -- 65.0M 117,100
Total Financing Cash Outflow 79.9M 29.9M 104.0M 205.0M 79.9M
Financing Cash Flow -43.5M 9.5M -104.0M -140.0M -79.8M
Net Change In Cash -186.0M 155.0M -33.7M -136.0M 358.0M
Ending Cash Balance 452.0M 638.0M 483.0M 517.0M 653.0M
Capex 16.7M 25.1M 34.8M 81.0M 71.5M
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