SHENZHEN MINDRAY B - Financials

SHENZHEN MINDRAY B — 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
+Revenue	36.7B	34.9B	30.4B	25.3B	21.0B	16.6B	13.8B	11.2B	9.0B	8.0B	7.8B
Revenue Growth %	5.1%	15.0%	20.2%	20.2%	27.0%	20.4%	23.1%	23.7%	12.7%	2.3%	--
Total Revenue	36.7B	34.9B	30.4B	25.3B	21.0B	16.6B	13.8B	11.2B	9.0B	8.0B	7.8B
Cost Of Revenue	13.5B	12.5B	10.9B	8.8B	7.4B	5.8B	4.6B	3.7B	3.2B	3.0B	2.9B
+Gross Profit	23.2B	22.4B	19.5B	16.4B	13.7B	10.8B	9.2B	7.5B	5.8B	5.0B	5.0B
Gross Margin %	63.1%	64.2%	64.2%	65.0%	65.0%	65.2%	66.6%	67.0%	64.6%	62.2%	63.4%
Total Operating Cost	24.6B	22.8B	19.9B	16.8B	14.0B	11.6B	9.9B	8.5B	7.6B	7.3B	6.9B
Selling Expenses	5.3B	5.0B	4.8B	4.0B	3.6B	3.6B	3.2B	2.7B	2.4B	2.2B	2.1B
Admin Expenses	1.6B	1.5B	1.3B	1.1B	897.0M	765.0M	715.0M	647.0M	1.8B	1.8B	1.7B
Rd Expenses	3.7B	3.4B	2.9B	2.5B	1.9B	1.5B	1.3B	1.0B	--	--	--
Finance Expenses	-400.0M	-855.0M	-451.0M	-86.0M	-61.4M	-408.0M	-156.0M	267.0M	-23.6M	-110.0M	97.4M
+Operating Income	13.1B	13.1B	11.0B	9.1B	7.5B	5.4B	4.3B	2.9B	1.5B	961.0M	1.2B
Operating Margin %	35.7%	37.4%	36.2%	35.9%	35.5%	32.5%	31.1%	25.8%	17.2%	12.0%	15.4%
Non Operating Income	36.8M	56.3M	35.3M	23.2M	53.7M	39.3M	26.6M	69.9M	328.0M	238.0M	262.0M
Non Operating Expenses	129.0M	115.0M	72.2M	71.9M	70.4M	49.8M	66.4M	18.1M	24.9M	110.0M	13.2M
Investment Income	69.4M	-9.8M	-5.1M	811,500	-4.5M	--	-113.0M	9.2M	114.0M	238.0M	228.0M
Fair Value Change Income	126.0M	79.4M	-21.4M	9.9M	--	--	113.0M	-111.0M	-4.6M	--	-957,700
Asset Disposal Income	4.2M	2.5M	6.2M	4.1M	-2.1M	-1.5M	-3.0M	3.7M	-4.2M	-3.3M	--
Asset Impairment Loss	238.0M	530.0M	71.1M	132.0M	110.0M	157.0M	50.9M	31.8M	101.0M	356.0M	45.8M
Other Income	820.0M	831.0M	580.0M	575.0M	476.0M	385.0M	397.0M	328.0M	--	--	--
Income Before Tax	13.0B	13.0B	11.0B	9.0B	7.4B	5.4B	4.2B	2.9B	1.9B	1.1B	1.5B
Income Tax	1.3B	1.4B	1.3B	1.0B	779.0M	683.0M	513.0M	330.0M	239.0M	149.0M	61.3M
+Net Income	11.7B	11.6B	9.6B	8.0B	6.7B	4.7B	3.7B	2.6B	1.6B	941.0M	1.4B
Net Margin %	32.0%	33.1%	31.7%	31.7%	31.7%	28.3%	27.1%	23.3%	17.8%	11.7%	17.8%
Net Income Attributable	11.7B	11.6B	9.6B	8.0B	6.7B	4.7B	3.7B	2.6B	1.6B	910.0M	1.4B
Minority Interest	71.5M	-3.8M	3.5M	2.5M	1.9M	4.2M	6.5M	12.0M	11.7M	30.6M	35.1M
Eps Basic	9.64	9.56	7.94	6.59	5.48	3.85	3.34	2.37	1.61	0.98	1.47
Eps Diluted	9.63	9.56	7.94	6.59	5.48	3.85	3.34	2.37	1.61	0.98	1.47

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
Cash And Equivalents	16.6B	18.8B	23.2B	15.4B	15.9B	14.3B	11.5B	5.3B	4.5B	2.0B	1.8B
Trading Financial Assets	--	--	--	--	--	--	--	25.4M	--	--	--
Accounts Receivable	3.2B	3.3B	2.7B	1.7B	1.4B	1.7B	1.6B	1.4B	1.0B	1.2B	1.4B
Notes Receivable	6.3M	1.7M	2.1M	132.0M	96.1M	27.6M	54.6M	451,600	25.1M	21.6M	629,000
Notes And Accounts Receivable	3.2B	3.3B	2.7B	1.8B	1.5B	1.7B	1.6B	1.4B	1.1B	1.2B	1.4B
Prepayments	297.0M	268.0M	289.0M	238.0M	206.0M	137.0M	122.0M	107.0M	91.7M	85.8M	61.9M
Inventory	4.8B	4.0B	4.0B	3.6B	3.5B	2.3B	1.7B	1.6B	1.0B	1.0B	920.0M
Total Current Assets	25.6B	26.9B	30.6B	21.3B	21.6B	18.7B	15.2B	8.6B	7.3B	7.0B	9.3B
Long Term Equity Investment	197.0M	66.6M	60.8M	26.4M	25.5M	5.0M	--	--	--	--	--
Fixed Assets	--	5.5B	4.3B	3.8B	3.2B	2.7B	2.6B	2.5B	2.2B	1.9B	1.8B
Fixed Assets Total	7.1B	5.5B	4.3B	3.8B	3.2B	2.7B	2.6B	2.5B	2.2B	1.9B	1.8B
Construction In Progress	--	2.5B	1.8B	1.1B	930.0M	975.0M	837.0M	610.0M	796.0M	1.0B	672.0M
Construction In Progress Total	2.7B	2.5B	1.8B	1.1B	930.0M	975.0M	837.0M	610.0M	796.0M	1.0B	672.0M
Intangible Assets	6.7B	2.2B	2.0B	2.1B	1.1B	953.0M	901.0M	849.0M	839.0M	890.0M	1.2B
Long Term Deferred Expenses	53.0M	74.9M	82.6M	84.2M	29.8M	21.5M	22.7M	20.3M	15.3M	29.5M	41.6M
Total Non Current Assets	31.0B	21.1B	16.1B	16.8B	11.7B	6.9B	6.4B	5.8B	5.7B	5.4B	5.3B
Total Assets	56.6B	47.9B	46.7B	38.1B	33.3B	25.6B	21.6B	14.4B	13.0B	12.4B	14.6B
Short Term Borrowings	5.4M	7.7M	--	--	--	--	--	1.8B	1.9B	325.0M	306.0M
Accounts Payable	2.8B	2.7B	2.3B	2.3B	1.5B	1.2B	935.0M	970.0M	639.0M	588.0M	572.0M
Advance Receipts	456,600	793,400	300,900	231,800	--	988.0M	930.0M	1.1B	873.0M	358.0M	192.0M
Contract Liabilities	2.2B	2.0B	4.1B	2.4B	3.3B	--	--	--	--	--	--
Total Current Liabilities	10.4B	10.1B	11.8B	8.6B	8.2B	5.0B	4.5B	6.2B	5.6B	5.0B	3.3B
Long Term Borrowings	344,700	1.4M	--	--	--	--	--	--	1.7B	311.0M	1.2B
Total Non Current Liabilities	5.5B	4.5B	3.0B	2.5B	1.8B	2.0B	1.9B	1.5B	2.8B	782.0M	1.7B
Total Liabilities	15.9B	14.6B	14.7B	11.1B	10.0B	7.0B	6.4B	7.8B	8.4B	5.8B	4.9B
Paid In Capital	1.2B	1.2B	1.2B	1.2B	1.2B	1.2B	1.2B	1.1B	1.1B	350.0M	350.0M
Capital Reserve	6.8B	7.1B	7.5B	8.2B	8.2B	8.2B	8.2B	2.6B	2.7B	263.0M	702.0M
Surplus Reserve	608.0M	608.0M	608.0M	608.0M	608.0M	608.0M	608.0M	547.0M	375.0M	175.0M	175.0M
Retained Earnings	27.6B	24.7B	23.8B	18.4B	13.4B	8.6B	5.1B	2.4B	300.0M	5.6B	8.0B
Minority Equity	4.9B	261.0M	18.3M	15.2M	12.8M	23.9M	20.0M	34.2M	80.9M	165.0M	338.0M
Equity Attributable	35.9B	33.1B	32.0B	27.0B	23.3B	18.6B	15.2B	6.6B	4.5B	6.4B	9.3B
Total Equity	40.8B	33.3B	32.0B	27.0B	23.3B	18.6B	15.2B	6.7B	4.6B	6.5B	9.7B

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
Cash From Sales	40.1B	35.2B	34.6B	26.1B	25.2B	18.5B	15.0B	12.5B	11.0B	9.4B	8.7B
Tax Refunds Received	1.0B	966.0M	647.0M	491.0M	647.0M	382.0M	422.0M	240.0M	277.0M	254.0M	352.0M
Total Operating Cash Inflow	41.9B	37.2B	35.7B	27.4B	26.4B	19.3B	15.6B	13.0B	11.4B	9.8B	9.1B
Cash Paid For Goods	14.7B	12.5B	12.1B	8.7B	9.2B	6.8B	5.5B	4.7B	3.8B	3.5B	3.3B
Cash Paid To Employees	8.1B	7.0B	6.1B	5.3B	4.6B	3.9B	3.0B	2.4B	2.4B	2.4B	2.3B
Taxes Paid	4.3B	4.1B	3.4B	2.6B	2.3B	2.0B	1.4B	1.2B	944.0M	649.0M	658.0M
Total Operating Cash Outflow	29.5B	26.1B	23.6B	18.4B	17.6B	14.6B	11.6B	9.7B	8.4B	7.7B	7.4B
Operating Cash Flow	12.4B	11.1B	12.1B	9.0B	8.9B	4.7B	4.0B	3.3B	3.0B	2.0B	1.7B
Total Investing Cash Inflow	1.5B	6.8B	265.0M	162.0M	11.6M	3.9M	98.3M	2.7B	17.2B	14.3B	7.5B
Total Investing Cash Outflow	8.9B	7.5B	3.5B	5.0B	5.2B	782.0M	791.0M	2.7B	16.1B	12.3B	7.8B
Investing Cash Flow	-7.4B	-693.0M	-3.2B	-4.8B	-5.2B	-778.0M	-693.0M	13.1M	1.1B	2.0B	-245.0M
Cash From Borrowings	2.6M	--	--	--	--	--	--	339.0M	2.8B	295.0M	--
Dividends And Interest Paid	8.8B	10.7B	4.2B	3.0B	1.8B	1.2B	949.0M	614.0M	6.5B	3.4B	45.5M
Debt Repayments	5.5M	18.8M	--	441.0M	--	--	1.9B	2.0B	1.3B	59.9M	1.3B
Total Financing Cash Inflow	132.0M	79.1M	154.0M	--	--	--	5.8B	339.0M	6.2B	392.0M	24.4M
Total Financing Cash Outflow	9.0B	10.9B	5.3B	4.6B	1.9B	1.2B	2.9B	2.8B	8.0B	4.3B	2.2B
Financing Cash Flow	-8.9B	-10.8B	-5.2B	-4.6B	-1.9B	-1.2B	2.9B	-2.5B	-1.8B	-3.9B	-2.2B
Net Change In Cash	-3.8B	-305.0M	3.8B	-590.0M	1.6B	2.7B	6.4B	705.0M	2.4B	192.0M	-666.0M
Ending Cash Balance	14.9B	18.7B	19.0B	15.1B	15.7B	14.1B	11.4B	5.0B	4.2B	1.8B	1.6B
Capex	2.0B	2.7B	1.9B	1.4B	1.2B	777.0M	678.0M	467.0M	414.0M	595.0M	588.0M