海昌新材 - Financials

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020
+Revenue	297.0M	225.0M	220.0M	315.0M	216.0M
Revenue Growth %	32.0%	2.3%	-30.2%	45.8%	--
Total Revenue	297.0M	225.0M	220.0M	315.0M	216.0M
Cost Of Revenue	194.0M	159.0M	146.0M	192.0M	122.0M
+Gross Profit	103.0M	66.0M	74.0M	123.0M	94.0M
Gross Margin %	34.7%	29.3%	33.6%	39.0%	43.5%
Total Operating Cost	224.0M	184.0M	162.0M	229.0M	151.0M
Selling Expenses	4.7M	3.7M	3.5M	4.1M	2.3M
Admin Expenses	16.3M	15.3M	16.3M	16.1M	9.9M
Rd Expenses	14.9M	13.8M	13.6M	12.8M	8.2M
Finance Expenses	-11.2M	-11.5M	-22.6M	-1.2M	4.9M
+Operating Income	82.6M	52.4M	65.5M	97.0M	69.0M
Operating Margin %	27.8%	23.3%	29.8%	30.8%	31.9%
Non Operating Income	--	--	1,100	1.3M	4.4M
Non Operating Expenses	695,000	210,000	22,000	428,800	320,000
Investment Income	5.5M	8.3M	1.7M	7.3M	2.8M
Fair Value Change Income	2.8M	2.0M	-125,700	1.7M	633,700
Asset Disposal Income	-9,800	--	--	--	--
Asset Impairment Loss	838,600	-1.1M	4.6M	2.8M	407,000
Other Income	1.0M	945,200	5.9M	2.7M	620,300
Income Before Tax	81.9M	52.2M	65.4M	97.8M	73.1M
Income Tax	10.7M	6.0M	8.2M	13.4M	10.4M
+Net Income	71.2M	46.2M	57.2M	84.4M	62.6M
Net Margin %	24.0%	20.5%	26.0%	26.8%	29.0%
Net Income Attributable	71.2M	46.2M	57.2M	84.4M	62.6M
Eps Basic	0.29	0.18	0.23	0.34	0.51
Eps Diluted	0.29	0.18	0.23	0.34	0.51

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020
Cash And Equivalents	333.0M	366.0M	372.0M	352.0M	297.0M
Trading Financial Assets	266.0M	192.0M	160.0M	142.0M	108.0M
Accounts Receivable	107.0M	86.7M	54.7M	88.0M	82.2M
Notes Receivable	819,500	1.7M	--	--	--
Notes And Accounts Receivable	107.0M	88.4M	54.7M	88.0M	82.2M
Prepayments	33,200	188,100	995,300	349,400	691,400
Inventory	39.3M	31.9M	42.1M	58.0M	32.2M
Total Current Assets	754.0M	713.0M	650.0M	648.0M	632.0M
Fixed Assets	--	158.0M	113.0M	94.5M	81.5M
Fixed Assets Total	147.0M	158.0M	113.0M	94.5M	81.5M
Construction In Progress	--	526,500	45.6M	10.2M	6.2M
Construction In Progress Total	312,400	526,500	45.6M	10.2M	6.2M
Intangible Assets	20.8M	20.7M	21.3M	22.0M	14.3M
Long Term Deferred Expenses	--	--	--	--	--
Total Non Current Assets	176.0M	185.0M	189.0M	143.0M	110.0M
Total Assets	930.0M	898.0M	840.0M	791.0M	742.0M
Accounts Payable	34.5M	40.4M	25.4M	39.7M	20.8M
Advance Receipts	6,500	80,000	--	--	--
Contract Liabilities	137,500	259,500	361,400	66,600	224,200
Total Current Liabilities	61.2M	61.4M	49.5M	58.6M	33.7M
Total Non Current Liabilities	2.4M	1.0M	1.1M	814,400	469,100
Total Liabilities	63.6M	62.4M	50.6M	59.4M	34.1M
Paid In Capital	251.0M	251.0M	251.0M	152.0M	80.0M
Capital Reserve	224.0M	224.0M	224.0M	323.0M	395.0M
Surplus Reserve	50.0M	42.9M	38.2M	32.5M	24.1M
Retained Earnings	362.0M	318.0M	276.0M	225.0M	209.0M
Equity Attributable	867.0M	835.0M	789.0M	732.0M	708.0M
Total Equity	867.0M	835.0M	789.0M	732.0M	708.0M

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020
Cash From Sales	256.0M	193.0M	264.0M	317.0M	187.0M
Tax Refunds Received	12.6M	4.5M	12.4M	14.5M	7.5M
Total Operating Cash Inflow	301.0M	200.0M	286.0M	338.0M	203.0M
Cash Paid For Goods	152.0M	103.0M	133.0M	196.0M	111.0M
Cash Paid To Employees	48.1M	42.7M	43.4M	33.4M	25.4M
Taxes Paid	11.8M	12.8M	7.2M	16.5M	13.0M
Total Operating Cash Outflow	222.0M	165.0M	193.0M	259.0M	156.0M
Operating Cash Flow	79.6M	35.5M	93.5M	79.1M	47.0M
Total Investing Cash Inflow	528.0M	406.0M	224.0M	552.0M	215.0M
Total Investing Cash Outflow	602.0M	446.0M	305.0M	512.0M	414.0M
Investing Cash Flow	-74.5M	-39.6M	-81.3M	40.2M	-198.0M
Dividends And Interest Paid	20.1M	--	--	60.0M	--
Total Financing Cash Inflow	1.6M	--	--	2.9M	351.0M
Total Financing Cash Outflow	41.1M	--	--	62.9M	7.4M
Financing Cash Flow	-39.5M	--	--	-60.0M	344.0M
Net Change In Cash	-33.2M	-4.8M	19.4M	55.3M	189.0M
Ending Cash Balance	333.0M	366.0M	371.0M	352.0M	296.0M
Capex	9.0M	17.8M	64.7M	45.5M	23.5M