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泰禾股份 — 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 4.2B 3.9B 5.1B 3.6B 3.1B
Revenue Growth % 9.5% -24.1% 42.5% 17.0% --
Total Revenue 4.2B 3.9B 5.1B 3.6B 3.1B
Cost Of Revenue 3.3B 3.0B 3.7B 2.7B 2.1B
+Gross Profit 893.0M 916.0M 1.4B 907.0M 953.0M
Gross Margin % 21.1% 23.7% 26.8% 25.3% 31.2%
Total Operating Cost 3.9B 3.5B 4.3B 3.1B 2.5B
Selling Expenses 78.7M 86.0M 80.3M 58.9M 54.9M
Admin Expenses 265.0M 254.0M 247.0M 180.0M 157.0M
Rd Expenses 147.0M 149.0M 181.0M 121.0M 107.0M
Finance Expenses 46.4M 38.1M 14.9M 60.1M 65.8M
+Operating Income 325.0M 383.0M 775.0M 486.0M 611.0M
Operating Margin % 7.7% 9.9% 15.2% 13.6% 20.0%
Non Operating Income 614,800 168,500 178,600 555,600 292,700
Non Operating Expenses 1.7M 1.5M 6.0M 4.0M 2.2M
Investment Income -5.2M -16.7M -38.9M 9.7M 2.3M
Fair Value Change Income -2.4M -220,200 -1.4M 1.2M 308,600
Asset Disposal Income -924,300 -1.8M -7.2M -4.0M -3.6M
Asset Impairment Loss 5.6M 1.3M 20.5M 578,200 262,700
Other Income 23.1M 22.6M 24.8M 13.4M 58.6M
Income Before Tax 324.0M 382.0M 769.0M 482.0M 609.0M
Income Tax 32.8M 43.8M 108.0M 51.7M 84.7M
+Net Income 291.0M 338.0M 662.0M 431.0M 524.0M
Net Margin % 6.9% 8.7% 13.0% 12.0% 17.1%
Net Income Attributable 266.0M 346.0M 649.0M 398.0M 393.0M
Minority Interest 24.8M -8.7M 12.4M 32.8M 131.0M
Eps Basic 0.66 0.86 1.60 0.98 0.97
Eps Diluted 0.66 0.86 1.60 0.98 0.97
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 504.0M 409.0M 460.0M 376.0M 441.0M
Trading Financial Assets -- 19,600 180,100 1.5M 13.3M
Accounts Receivable 1.0B 549.0M 696.0M 500.0M 373.0M
Notes Receivable -- 71,300 -- 190,000 --
Notes And Accounts Receivable 1.0B 549.0M 696.0M 500.0M 373.0M
Prepayments 93.7M 109.0M 98.6M 107.0M 29.2M
Inventory 528.0M 445.0M 665.0M 604.0M 381.0M
Total Current Assets 2.2B 1.6B 2.0B 1.7B 1.3B
Long Term Equity Investment -- -- -- -- --
Fixed Assets -- 1.8B 1.9B 1.6B 1.4B
Fixed Assets Total 1.9B 1.8B 1.9B 1.6B 1.4B
Construction In Progress -- 1.0B 228.0M 416.0M 284.0M
Construction In Progress Total 1.1B 1.1B 248.0M 431.0M 291.0M
Intangible Assets 212.0M 222.0M 204.0M 196.0M 190.0M
Long Term Deferred Expenses 4.2M 480,800 636,100 791,400 1.5M
Total Non Current Assets 3.4B 3.2B 2.5B 2.3B 2.0B
Total Assets 5.6B 4.8B 4.5B 4.1B 3.4B
Short Term Borrowings 623.0M 433.0M 712.0M 673.0M 582.0M
Accounts Payable 417.0M 325.0M 252.0M 346.0M 239.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 46.5M 76.9M 67.6M 59.3M 52.7M
Total Current Liabilities 1.6B 1.2B 1.3B 1.3B 1.1B
Long Term Borrowings 500.0M 396.0M 327.0M 272.0M 167.0M
Total Non Current Liabilities 525.0M 405.0M 337.0M 276.0M 170.0M
Total Liabilities 2.1B 1.6B 1.7B 1.6B 1.3B
Paid In Capital 405.0M 405.0M 405.0M 405.0M 405.0M
Capital Reserve 174.0M 170.0M 167.0M 165.0M 165.0M
Surplus Reserve 272.0M 257.0M 203.0M 171.0M 147.0M
Retained Earnings 2.2B 1.9B 1.6B 1.3B 925.0M
Minority Equity 439.0M 414.0M 423.0M 435.0M 402.0M
Equity Attributable 3.0B 2.8B 2.4B 2.0B 1.6B
Total Equity 3.5B 3.2B 2.8B 2.5B 2.0B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 3.4B 3.6B 4.6B 3.2B 2.8B
Tax Refunds Received 237.0M 233.0M 425.0M 218.0M 187.0M
Total Operating Cash Inflow 3.7B 4.0B 5.1B 3.4B 3.0B
Cash Paid For Goods 3.0B 2.6B 4.0B 2.8B 1.8B
Cash Paid To Employees 420.0M 403.0M 367.0M 310.0M 277.0M
Taxes Paid 66.7M 86.9M 152.0M 60.8M 117.0M
Total Operating Cash Outflow 3.8B 3.3B 4.8B 3.3B 2.3B
Operating Cash Flow -68.5M 633.0M 311.0M 97.4M 711.0M
Total Investing Cash Inflow 28.4M 1.8M 3.4M 42.8M 305.0M
Total Investing Cash Outflow 559.0M 875.0M 484.0M 493.0M 869.0M
Investing Cash Flow -531.0M -874.0M -481.0M -450.0M -564.0M
Cash From Borrowings 1.5B 1.3B 1.7B 1.1B 694.0M
Dividends And Interest Paid 66.5M 72.1M 402.0M 166.0M 417.0M
Debt Repayments 771.0M 1.0B 1.1B 623.0M 525.0M
Total Financing Cash Inflow 1.5B 1.3B 1.8B 1.2B 723.0M
Total Financing Cash Outflow 856.0M 1.2B 1.6B 898.0M 988.0M
Financing Cash Flow 667.0M 192.0M 206.0M 289.0M -264.0M
Net Change In Cash 90.6M -23.3M 97.6M -86.1M -152.0M
Ending Cash Balance 494.0M 403.0M 426.0M 329.0M 415.0M
Capex 507.0M 859.0M 445.0M 491.0M 525.0M
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