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华研精机 — 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 646.0M 533.0M 545.0M 559.0M 522.0M
Revenue Growth % 21.2% -2.2% -2.5% 7.1% --
Total Revenue 646.0M 533.0M 545.0M 559.0M 522.0M
Cost Of Revenue 395.0M 337.0M 336.0M 330.0M 311.0M
+Gross Profit 251.0M 196.0M 209.0M 229.0M 211.0M
Gross Margin % 38.9% 36.8% 38.3% 41.0% 40.4%
Total Operating Cost 532.0M 452.0M 460.0M 441.0M 434.0M
Selling Expenses 50.2M 37.2M 48.0M 34.9M 44.1M
Admin Expenses 48.8M 44.7M 44.4M 44.1M 33.7M
Rd Expenses 30.4M 29.2M 28.2M 25.2M 25.9M
Finance Expenses -5.5M -7.5M -6.3M 282,900 2.3M
+Operating Income 120.0M 89.8M 101.0M 120.0M 96.0M
Operating Margin % 18.6% 16.8% 18.5% 21.5% 18.4%
Non Operating Income 2.9M 108,600 30,500 61,600 80,400
Non Operating Expenses 43,300 230,800 51,200 67,200 22,800
Investment Income 3.8M 5.2M 7.2M 1.2M --
Fair Value Change Income -- -- -- 12,800 --
Asset Disposal Income -- 1.5M -- -- --
Asset Impairment Loss 1.7M 6.2M 4.2M 453,600 10.0M
Other Income 1.8M 2.1M 9.6M 1.2M 7.4M
Income Before Tax 122.0M 89.6M 101.0M 120.0M 96.0M
Income Tax 18.1M 11.8M 14.7M 17.4M 13.8M
+Net Income 104.0M 77.8M 86.5M 102.0M 82.3M
Net Margin % 16.1% 14.6% 15.9% 18.2% 15.8%
Net Income Attributable 101.0M 76.0M 84.3M 98.6M 78.6M
Minority Interest 3.0M 1.8M 2.2M 3.8M 3.7M
Eps Basic 0.84 0.63 0.70 1.10 0.87
Eps Diluted 0.84 0.63 0.70 1.10 0.87
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 401.0M 489.0M 826.0M 893.0M 123.0M
Trading Financial Assets 140.0M -- -- 12.8M --
Accounts Receivable 118.0M 76.6M 74.3M 89.4M 77.2M
Notes Receivable 4.6M 1.8M 4.5M 1.7M 1.5M
Notes And Accounts Receivable 122.0M 78.4M 78.8M 91.1M 78.7M
Prepayments 19.6M 20.1M 25.3M 25.9M 21.7M
Inventory 370.0M 320.0M 322.0M 255.0M 223.0M
Total Current Assets 1.2B 1.1B 1.3B 1.3B 466.0M
Long Term Equity Investment 31.9M 87.1M 5.0M -- --
Fixed Assets -- 116.0M 92.9M 87.5M 94.3M
Fixed Assets Total 229.0M 116.0M 92.9M 87.5M 94.3M
Construction In Progress -- 72.2M 859,100 39,600 --
Construction In Progress Total 34.0M 72.2M 859,100 39,600 --
Intangible Assets 11.1M 10.3M 10.0M 9.5M 9.9M
Long Term Deferred Expenses 2.1M 1.5M 1.8M 1.1M 646,900
Total Non Current Assets 360.0M 359.0M 183.0M 131.0M 121.0M
Total Assets 1.6B 1.4B 1.5B 1.4B 587.0M
Short Term Borrowings -- -- -- -- --
Accounts Payable 118.0M 87.2M 93.3M 101.0M 92.2M
Advance Receipts -- -- -- -- --
Contract Liabilities 238.0M 190.0M 163.0M 143.0M 98.3M
Total Current Liabilities 459.0M 343.0M 308.0M 293.0M 231.0M
Total Non Current Liabilities 24.1M 19.5M 21.9M 25.8M 14.8M
Total Liabilities 483.0M 363.0M 330.0M 319.0M 245.0M
Paid In Capital 120.0M 120.0M 120.0M 120.0M 90.0M
Capital Reserve 736.0M 736.0M 736.0M 736.0M 89.1M
Surplus Reserve 56.2M 46.7M 36.5M 28.4M 19.0M
Retained Earnings 190.0M 159.0M 213.0M 208.0M 121.0M
Minority Equity 8.5M 8.4M 10.5M 13.2M 15.6M
Equity Attributable 1.1B 1.1B 1.1B 1.1B 326.0M
Total Equity 1.1B 1.1B 1.1B 1.1B 341.0M
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 673.0M 585.0M 618.0M 627.0M 472.0M
Tax Refunds Received 23,100 3.0M -- -- --
Total Operating Cash Inflow 686.0M 625.0M 646.0M 636.0M 483.0M
Cash Paid For Goods 364.0M 282.0M 381.0M 311.0M 248.0M
Cash Paid To Employees 131.0M 118.0M 115.0M 93.0M 74.2M
Taxes Paid 24.8M 29.9M 30.8M 41.2M 34.8M
Total Operating Cash Outflow 569.0M 486.0M 603.0M 495.0M 413.0M
Operating Cash Flow 117.0M 138.0M 42.7M 141.0M 70.0M
Total Investing Cash Inflow 2.5B 2.6B 3.0B 572.0M 5,616
Total Investing Cash Outflow 2.6B 3.0B 3.0B 600.0M 9.2M
Investing Cash Flow -140.0M -330.0M -51.2M -27.4M -9.2M
Cash From Borrowings -- 24.2M -- -- --
Dividends And Interest Paid 62.3M 124.0M 77.0M 5.7M 26.3M
Debt Repayments -- 24.2M -- 0.00 --
Total Financing Cash Inflow 714,700 24.2M -- 705.0M 525,000
Total Financing Cash Outflow 69.7M 152.0M 81.6M 44.9M 27.5M
Financing Cash Flow -69.0M -128.0M -81.6M 660.0M -27.0M
Net Change In Cash -91.5M -318.0M -83.6M 772.0M 31.1M
Ending Cash Balance 397.0M 489.0M 806.0M 890.0M 118.0M
Capex 62.2M 112.0M 66.3M 15.8M 9.2M
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