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弘信电子 — 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 5.9B 3.5B 2.8B 3.2B 2.6B
Revenue Growth % 68.9% 24.6% -12.8% 21.1% --
Total Revenue 5.9B 3.5B 2.8B 3.2B 2.6B
Cost Of Revenue 5.3B 3.4B 2.7B 3.1B 2.4B
+Gross Profit 590.0M 83.0M 134.0M 127.0M 275.0M
Gross Margin % 10.0% 2.4% 4.8% 4.0% 10.4%
Total Operating Cost 5.9B 4.0B 3.2B 3.6B 2.7B
Selling Expenses 51.7M 49.4M 50.8M 35.8M 21.7M
Admin Expenses 151.0M 148.0M 141.0M 139.0M 88.9M
Rd Expenses 123.0M 108.0M 135.0M 149.0M 121.0M
Finance Expenses 49.5M 45.0M 39.5M 68.9M 50.9M
+Operating Income 182.0M -448.0M -309.0M -321.0M 98.1M
Operating Margin % 3.1% -12.9% -11.1% -10.0% 3.7%
Non Operating Income 505,900 851,900 1.2M 1.7M 937,900
Non Operating Expenses 2.7M 14.3M 2.3M 15.4M 11.7M
Investment Income -15.4M 2.9M -4.7M 2.8M 28.6M
Fair Value Change Income 146.0M -- 76,400 355,400 1.5M
Asset Disposal Income -9.0M -459,900 297,800 -1.3M -794,000
Asset Impairment Loss 168.0M 199.0M 120.0M 83.4M 30.3M
Other Income 62.7M 40.3M 70.5M 46.0M 116.0M
Income Before Tax 180.0M -462.0M -310.0M -335.0M 87.4M
Income Tax 68.8M 31.0M 12.2M -47.7M 9.1M
+Net Income 111.0M -493.0M -322.0M -287.0M 78.2M
Net Margin % 1.9% -14.2% -11.5% -9.0% 3.0%
Net Income Attributable 56.8M -436.0M -308.0M -268.0M 77.5M
Minority Interest 54.2M -57.4M -14.7M -19.4M 730,700
Eps Basic 0.12 -0.89 -0.66 -0.64 0.22
Eps Diluted 0.12 -0.89 -0.66 -0.64 0.24
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 335.0M 793.0M 815.0M 569.0M 906.0M
Trading Financial Assets -- 18.4M -- 50.4M 208.0M
Accounts Receivable 1.9B 1.4B 1.0B 1.1B 1.0B
Notes Receivable 20.9M 16.5M 81.1M 157.0M 141.0M
Notes And Accounts Receivable 1.9B 1.4B 1.1B 1.2B 1.2B
Prepayments 66.1M 37.1M 18.7M 13.5M 21.6M
Inventory 721.0M 852.0M 305.0M 378.0M 348.0M
Total Current Assets 3.3B 3.3B 2.4B 2.5B 3.0B
Long Term Equity Investment 2.6M 2.5M 2.9M 2.8M 3.6M
Fixed Assets -- 1.7B 1.8B -- 1.1B
Fixed Assets Total 2.5B 1.7B 1.8B 1.6B 1.1B
Construction In Progress -- 58.1M 49.7M -- 332.0M
Construction In Progress Total 15.0M 58.1M 49.7M 217.0M 332.0M
Intangible Assets 148.0M 79.7M 78.2M 56.8M 53.2M
Long Term Deferred Expenses 82.2M 137.0M 129.0M 138.0M 22.4M
Total Non Current Assets 3.3B 2.4B 2.6B 2.3B 1.7B
Total Assets 6.6B 5.7B 5.0B 4.8B 4.7B
Short Term Borrowings 767.0M 797.0M 473.0M 532.0M 398.0M
Accounts Payable 2.0B 1.8B 864.0M 1.1B 836.0M
Advance Receipts -- 200.0M -- -- --
Contract Liabilities 28.1M 1.3M 1.4M 8.9M 2.1M
Total Current Liabilities 3.9B 3.7B 2.2B 2.5B 2.1B
Long Term Borrowings 197.0M 214.0M 533.0M 409.0M 262.0M
Total Non Current Liabilities 1.3B 427.0M 757.0M 637.0M 846.0M
Total Liabilities 5.2B 4.1B 2.9B 3.1B 3.0B
Paid In Capital 488.0M 488.0M 488.0M 445.0M 342.0M
Capital Reserve 1.3B 1.5B 1.5B 1.1B 603.0M
Surplus Reserve 42.5M 42.5M 42.5M 42.5M 42.5M
Retained Earnings -532.0M -589.0M -153.0M 154.0M 480.0M
Minority Equity 256.0M 272.0M 330.0M 101.0M 94.6M
Equity Attributable 1.2B 1.3B 1.7B 1.6B 1.6B
Total Equity 1.4B 1.5B 2.1B 1.7B 1.7B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 4.5B 2.9B 2.9B 2.9B 2.8B
Tax Refunds Received 19.5M 15.4M 42.4M 85.4M 22.7M
Total Operating Cash Inflow 4.8B 3.2B 3.1B 3.2B 3.5B
Cash Paid For Goods 3.5B 1.9B 2.0B 2.1B 2.1B
Cash Paid To Employees 798.0M 780.0M 741.0M 696.0M 483.0M
Taxes Paid 208.0M 169.0M 120.0M 103.0M 75.9M
Total Operating Cash Outflow 4.6B 3.1B 3.0B 3.1B 3.3B
Operating Cash Flow 203.0M 143.0M 101.0M 96.3M 275.0M
Total Investing Cash Inflow 89.9M 6.6M 56.1M 1.9B 849.0M
Total Investing Cash Outflow 1.3B 218.0M 341.0M 2.5B 1.5B
Investing Cash Flow -1.2B -212.0M -285.0M -575.0M -676.0M
Cash From Borrowings 953.0M 809.0M 695.0M 846.0M 1.5B
Dividends And Interest Paid 42.6M 47.1M 51.4M 80.7M 72.2M
Debt Repayments 1.2B 654.0M 679.0M 473.0M 692.0M
Total Financing Cash Inflow 2.2B 809.0M 1.2B 866.0M 1.6B
Total Financing Cash Outflow 1.5B 837.0M 801.0M 699.0M 864.0M
Financing Cash Flow 665.0M -28.1M 366.0M 167.0M 734.0M
Net Change In Cash -321.0M -97.8M 192.0M -314.0M 323.0M
Ending Cash Balance 160.0M 480.0M 578.0M 386.0M 700.0M
Capex 1.1B 200.0M 290.0M 586.0M 691.0M
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