万凯新材 - Financials

万凯新材 — 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
+Revenue	17.2B	17.5B	19.4B	9.6B	9.3B	9.7B	11.7B	8.7B
Revenue Growth %	-1.7%	-9.6%	102.2%	3.1%	-4.0%	-17.4%	35.1%	--
Total Revenue	17.2B	17.5B	19.4B	9.6B	9.3B	9.7B	11.7B	8.7B
Cost Of Revenue	17.1B	16.8B	17.9B	8.9B	8.8B	8.9B	11.0B	8.4B
+Gross Profit	148.0M	702.0M	1.5B	708.0M	461.0M	751.0M	709.0M	319.0M
Gross Margin %	0.9%	4.0%	7.6%	7.4%	5.0%	7.8%	6.0%	3.7%
Total Operating Cost	17.5B	17.2B	18.3B	9.2B	9.1B	9.2B	11.4B	8.6B
Selling Expenses	71.4M	69.8M	63.1M	36.4M	28.5M	127.0M	114.0M	95.7M
Admin Expenses	179.0M	131.0M	115.0M	92.8M	116.0M	79.9M	110.0M	45.9M
Rd Expenses	60.4M	59.8M	40.2M	27.3M	18.3M	12.8M	10.7M	8.1M
Finance Expenses	-9.2M	51.0M	92.1M	91.7M	62.9M	56.7M	100.0M	24.1M
+Operating Income	-392.0M	511.0M	1.2B	516.0M	266.0M	496.0M	272.0M	136.0M
Operating Margin %	-2.3%	2.9%	6.0%	5.4%	2.9%	5.1%	2.3%	1.6%
Non Operating Income	2.3M	4.3M	5.4M	9.8M	8.7M	1.9M	5.3M	6.9M
Non Operating Expenses	680,000	2.0M	3.1M	1.3M	30.9M	13.6M	692,400	109,500
Investment Income	-149.0M	105.0M	-35.3M	-41.8M	-20.4M	-27.4M	-43.5M	-6.3M
Fair Value Change Income	-48.6M	-8.3M	-9.8M	23.5M	-3.7M	30.3M	-25.7M	-2.5M
Asset Disposal Income	17,300	988,600	-11.7M	-356,400	3.5M	106,700	3,900	-1,100
Asset Impairment Loss	97.3M	72.3M	33.0M	2.4M	1.9M	49.7M	43.5M	19.7M
Other Income	99.4M	123.0M	121.0M	115.0M	101.0M	33.4M	20.5M	27.3M
Income Before Tax	-391.0M	513.0M	1.2B	524.0M	244.0M	484.0M	277.0M	143.0M
Income Tax	-88.7M	77.1M	213.0M	83.5M	43.0M	117.0M	80.7M	35.2M
+Net Income	-302.0M	436.0M	955.0M	441.0M	201.0M	367.0M	196.0M	107.0M
Net Margin %	-1.8%	2.5%	4.9%	4.6%	2.2%	3.8%	1.7%	1.2%
Net Income Attributable	-300.0M	437.0M	955.0M	441.0M	201.0M	367.0M	196.0M	107.0M
Minority Interest	-1.9M	-232,100	--	--	--	--	--	--
Eps Basic	-0.58	0.85	1.98	1.72	0.79	1.48	0.83	0.45
Eps Diluted	-0.58	0.85	1.98	1.14	0.52	1.48	0.83	0.45

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
Cash And Equivalents	3.1B	2.0B	3.8B	610.0M	513.0M	996.0M	697.0M	499.0M
Trading Financial Assets	521.0M	142.0M	25.2M	--	--	--	--	371,000
Accounts Receivable	699.0M	786.0M	947.0M	858.0M	409.0M	343.0M	637.0M	304.0M
Notes Receivable	--	200,000	500,000	1.2M	1.1M	3.3M	79.6M	17.7M
Notes And Accounts Receivable	699.0M	786.0M	947.0M	860.0M	410.0M	347.0M	716.0M	322.0M
Prepayments	314.0M	335.0M	295.0M	322.0M	196.0M	158.0M	119.0M	43.2M
Inventory	3.7B	3.5B	2.5B	1.9B	1.2B	1.0B	706.0M	797.0M
Total Current Assets	8.9B	7.2B	8.2B	4.0B	2.6B	2.6B	3.0B	2.6B
Long Term Equity Investment	25.2M	25.1M	25.0M	28.9M	29.0M	27.7M	15.6M	1.8M
Fixed Assets	--	3.4B	2.6B	2.0B	1.6B	1.1B	1.2B	1.3B
Fixed Assets Total	3.2B	3.4B	2.6B	2.0B	1.6B	1.1B	1.2B	1.3B
Construction In Progress	--	576.0M	507.0M	668.0M	334.0M	696.0M	9.6M	68,100
Construction In Progress Total	5.0B	587.0M	508.0M	685.0M	334.0M	696.0M	9.6M	68,100
Intangible Assets	493.0M	384.0M	150.0M	149.0M	151.0M	150.0M	77.9M	79.7M
Long Term Deferred Expenses	28.4M	41.4M	22.1M	25.0M	26.5M	1.7M	2.3M	522,400
Total Non Current Assets	8.9B	5.6B	3.4B	3.0B	2.3B	2.0B	1.4B	1.4B
Total Assets	17.8B	12.8B	11.6B	7.0B	4.8B	4.7B	4.3B	3.9B
Short Term Borrowings	3.7B	3.1B	3.7B	2.3B	1.0B	991.0M	1.2B	1.1B
Accounts Payable	1.8B	735.0M	588.0M	742.0M	477.0M	796.0M	674.0M	865.0M
Advance Receipts	--	--	--	--	--	266.0M	258.0M	197.0M
Contract Liabilities	538.0M	409.0M	575.0M	596.0M	668.0M	--	--	--
Total Current Liabilities	7.0B	5.4B	5.4B	4.0B	2.4B	2.6B	3.1B	2.9B
Long Term Borrowings	1.2B	727.0M	137.0M	763.0M	627.0M	423.0M	260.0M	330.0M
Total Non Current Liabilities	5.4B	1.6B	563.0M	1.2B	1.1B	825.0M	443.0M	521.0M
Total Liabilities	12.4B	7.1B	6.0B	5.2B	3.5B	3.5B	3.6B	3.4B
Paid In Capital	515.0M	515.0M	343.0M	258.0M	258.0M	255.0M	236.0M	236.0M
Capital Reserve	3.5B	3.5B	3.9B	1.0B	1.0B	507.0M	425.0M	377.0M
Surplus Reserve	79.6M	79.6M	60.8M	22.2M	10.3M	18.7M	18.7M	10.0M
Retained Earnings	1.3B	1.6B	1.3B	483.0M	53.5M	437.0M	69.8M	-117.0M
Minority Equity	-1.8M	111,100	--	--	--	--	--	--
Equity Attributable	5.3B	5.7B	5.6B	1.8B	1.3B	1.2B	750.0M	506.0M
Total Equity	5.3B	5.7B	5.6B	1.8B	1.3B	1.2B	750.0M	506.0M

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
Cash From Sales	19.2B	19.1B	21.1B	10.0B	10.6B	10.8B	12.4B	9.3B
Tax Refunds Received	1.0B	843.0M	764.0M	276.0M	238.0M	180.0M	101.0M	39.5M
Total Operating Cash Inflow	21.1B	20.8B	22.6B	10.5B	11.4B	11.9B	13.0B	9.7B
Cash Paid For Goods	18.9B	19.8B	20.2B	10.3B	10.3B	10.1B	11.9B	9.2B
Cash Paid To Employees	235.0M	227.0M	176.0M	132.0M	123.0M	96.2M	79.5M	60.1M
Taxes Paid	132.0M	238.0M	344.0M	139.0M	156.0M	220.0M	48.3M	26.6M
Total Operating Cash Outflow	19.9B	20.9B	21.6B	11.1B	11.4B	11.2B	12.8B	9.7B
Operating Cash Flow	1.3B	-127.0M	1.0B	-596.0M	41.0M	624.0M	296.0M	-76.2M
Total Investing Cash Inflow	351.0M	588.0M	1.3B	2.6B	2.5B	2.6B	999.0M	1.4B
Total Investing Cash Outflow	3.9B	2.2B	2.7B	3.3B	3.1B	2.6B	899.0M	1.6B
Investing Cash Flow	-3.5B	-1.6B	-1.4B	-671.0M	-560.0M	56.6M	100.0M	-252.0M
Cash From Borrowings	5.8B	4.3B	3.0B	2.4B	2.1B	2.0B	2.1B	2.2B
Dividends And Interest Paid	211.0M	204.0M	213.0M	95.7M	149.0M	82.1M	73.4M	61.2M
Debt Repayments	3.2B	3.5B	3.4B	1.5B	1.8B	2.1B	2.1B	1.6B
Total Financing Cash Inflow	12.2B	9.0B	8.8B	3.2B	3.2B	3.9B	5.0B	6.1B
Total Financing Cash Outflow	9.3B	8.6B	6.2B	2.2B	2.6B	4.3B	5.3B	5.8B
Financing Cash Flow	2.9B	354.0M	2.6B	995.0M	605.0M	-467.0M	-287.0M	269.0M
Net Change In Cash	716.0M	-1.4B	2.3B	-283.0M	83.6M	223.0M	105.0M	-61.6M
Ending Cash Balance	1.8B	1.1B	2.5B	158.0M	441.0M	358.0M	135.0M	29.9M
Capex	2.9B	1.8B	1.1B	603.0M	548.0M	546.0M	62.3M	121.0M