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山东钢铁 — 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 82.1B 90.5B 102.3B 110.9B 87.3B
Revenue Growth % -9.3% -11.5% -7.7% 27.0% --
Total Revenue 82.1B 90.5B 102.3B 110.9B 87.3B
Cost Of Revenue 80.7B 86.9B 96.6B 101.4B 81.7B
+Gross Profit 1.4B 3.6B 5.7B 9.4B 5.6B
Gross Margin % 1.7% 4.0% 5.6% 8.5% 6.4%
Total Operating Cost 84.8B 91.2B 101.3B 107.5B 85.6B
Selling Expenses 288.0M 291.0M 267.0M 374.0M 345.0M
Admin Expenses 1.2B 1.2B 1.4B 2.6B 1.1B
Rd Expenses 1.8B 2.1B 2.1B 2.0B 1.3B
Finance Expenses 282.0M 395.0M 417.0M 637.0M 838.0M
+Operating Income -2.5B -264.0M 1.4B 3.9B 2.0B
Operating Margin % -3.1% -0.3% 1.3% 3.5% 2.3%
Non Operating Income 19.8M 193.0M 165.0M 196.0M 9.5M
Non Operating Expenses 21.9M 27.6M 21.0M 39.5M 76.8M
Investment Income -23.4M 30.7M 108.0M 95.7M 83.8M
Fair Value Change Income -- -- -- -- --
Asset Disposal Income 83,300 174.0M 899,100 -- 2.8M
Asset Impairment Loss 289.0M 87.6M 126.0M 231.0M 26.7M
Other Income 274.0M 245.0M 215.0M 468.0M 254.0M
Income Before Tax -2.5B -98.2M 1.5B 4.0B 2.0B
Income Tax -50.0M -27.6M 90.3M 1.1B 391.0M
+Net Income -2.5B -70.6M 1.4B 3.0B 1.6B
Net Margin % -3.0% -0.1% 1.4% 2.7% 1.8%
Net Income Attributable -2.3B -400.0M 554.0M 1.2B 723.0M
Minority Interest -199.0M 329.0M 862.0M 1.7B 857.0M
Eps Basic -0.21 -0.04 0.05 0.11 0.07
Eps Diluted -0.21 -0.04 0.05 0.11 0.07
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 4.9B 6.1B 7.9B 9.8B 6.8B
Trading Financial Assets -- -- -- -- --
Accounts Receivable 483.0M 374.0M 278.0M 244.0M 97.2M
Notes Receivable 402.0M 1.1B 875.0M 1.6B 2.7B
Notes And Accounts Receivable 886.0M 1.5B 1.2B 1.9B 2.8B
Prepayments 938.0M 887.0M 958.0M 478.0M 449.0M
Inventory 5.3B 4.8B 5.0B 6.1B 5.1B
Total Current Assets 13.3B 14.6B 16.2B 20.1B 18.1B
Long Term Equity Investment 1.8B 1.9B 2.0B 2.0B 1.8B
Fixed Assets -- 39.1B 39.1B 37.5B 39.3B
Fixed Assets Total 40.2B 39.1B 39.1B 37.5B 39.3B
Construction In Progress -- 4.1B 4.4B 6.4B 3.2B
Construction In Progress Total 2.0B 4.1B 4.4B 6.4B 3.2B
Intangible Assets 5.8B 5.9B 4.7B 4.8B 4.5B
Long Term Deferred Expenses 1.7M 1.8M 2.0M 2.1M 2.3M
Total Non Current Assets 52.0B 52.1B 52.9B 52.5B 50.4B
Total Assets 65.3B 66.8B 69.1B 72.5B 68.5B
Short Term Borrowings 7.0B 3.7B 3.6B 6.2B 5.0B
Accounts Payable 6.8B 9.6B 10.1B 10.1B 10.7B
Advance Receipts -- -- 1.1M 6.8M 16,200
Contract Liabilities 1.7B 2.2B 3.0B 3.0B 3.4B
Total Current Liabilities 33.2B 28.6B 28.8B 34.2B 30.4B
Long Term Borrowings 2.7B 5.7B 6.1B 2.6B 2.5B
Total Non Current Liabilities 4.1B 7.5B 8.4B 5.8B 7.3B
Total Liabilities 37.2B 36.1B 37.3B 40.0B 37.6B
Paid In Capital 10.7B 10.7B 10.7B 10.9B 10.9B
Capital Reserve 8.1B 8.1B 8.1B 8.2B 8.2B
Surplus Reserve 970.0M 971.0M 962.0M 834.0M 788.0M
Retained Earnings -936.0M 1.3B 2.1B 2.3B 1.5B
Minority Equity 9.3B 9.5B 10.0B 10.7B 9.7B
Equity Attributable 18.8B 21.1B 21.8B 21.9B 21.1B
Total Equity 28.1B 30.6B 31.8B 32.6B 30.8B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 57.9B 62.0B 78.2B 85.3B 68.9B
Tax Refunds Received 287.0M 1.3M 397.0M 200.0M 223.0M
Total Operating Cash Inflow 58.5B 62.5B 79.1B 86.2B 69.6B
Cash Paid For Goods 53.3B 58.2B 66.7B 69.8B 57.2B
Cash Paid To Employees 3.6B 4.0B 4.6B 4.9B 4.4B
Taxes Paid 841.0M 870.0M 1.6B 2.0B 1.4B
Total Operating Cash Outflow 58.3B 63.7B 73.7B 77.7B 63.8B
Operating Cash Flow 202.0M -1.2B 5.5B 8.5B 5.9B
Total Investing Cash Inflow 96.6M 625.0M 466.0M 289.0M 125.0M
Total Investing Cash Outflow 1.5B 697.0M 1.9B 2.7B 2.5B
Investing Cash Flow -1.4B -72.3M -1.5B -2.4B -2.3B
Cash From Borrowings 9.6B 7.3B 13.9B 9.4B 8.4B
Dividends And Interest Paid 323.0M 1.5B 2.6B 1.7B 1.2B
Debt Repayments 8.7B 6.7B 13.9B 12.4B 8.9B
Total Financing Cash Inflow 9.6B 8.3B 13.9B 11.9B 8.4B
Total Financing Cash Outflow 9.8B 9.2B 18.0B 15.6B 11.2B
Financing Cash Flow -281.0M -895.0M -4.1B -3.7B -2.8B
Net Change In Cash -1.5B -2.2B -143.0M 2.4B 681.0M
Ending Cash Balance 2.9B 4.4B 6.6B 6.7B 4.3B
Capex 341.0M 697.0M 1.9B 2.4B 2.2B
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