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青山纸业 — 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 2.6B 2.7B 2.9B 2.9B 2.5B
Revenue Growth % -2.7% -8.5% 1.9% 14.9% --
Total Revenue 2.6B 2.7B 2.9B 2.9B 2.5B
Cost Of Revenue 2.2B 2.2B 2.3B 2.3B 2.2B
+Gross Profit 432.0M 454.0M 626.0M 576.0M 336.0M
Gross Margin % 16.6% 17.0% 21.4% 20.1% 13.5%
Total Operating Cost 2.5B 2.6B 2.7B 2.7B 2.7B
Selling Expenses 62.0M 71.0M 65.1M 65.3M 48.9M
Admin Expenses 192.0M 206.0M 239.0M 228.0M 246.0M
Rd Expenses 50.3M 56.2M 75.6M 49.7M 38.9M
Finance Expenses 11.5M 4.7M 2.2M 24.9M 29.8M
+Operating Income 128.0M 141.0M 272.0M 238.0M 107.0M
Operating Margin % 4.9% 5.3% 9.3% 8.3% 4.3%
Non Operating Income 362,200 8.3M 9.1M 7.7M 13.7M
Non Operating Expenses 7.2M 4.1M 7.2M 5.1M 2.0M
Investment Income 18.5M 13.2M 47.7M 50.6M 46.8M
Fair Value Change Income 29.9M 29.6M 4.6M -- --
Asset Disposal Income 268,800 57,400 5.1M 3.6M 259.0M
Asset Impairment Loss 19.0M 3.1M 16.9M 10.3M 173.0M
Other Income 11.6M 13.8M 16.1M 14.8M 23.6M
Income Before Tax 121.0M 146.0M 274.0M 241.0M 119.0M
Income Tax 27.5M 14.7M 54.3M 34.3M 30.9M
+Net Income 93.6M 131.0M 219.0M 207.0M 88.4M
Net Margin % 3.6% 4.9% 7.5% 7.2% 3.5%
Net Income Attributable 84.8M 122.0M 208.0M 190.0M 76.5M
Minority Interest 8.8M 9.1M 11.5M 16.3M 11.8M
Eps Basic 0.04 0.06 0.09 0.09 0.03
Eps Diluted 0.04 0.06 0.09 0.09 0.03
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 654.0M 973.0M 1.1B 405.0M 478.0M
Trading Financial Assets 1.7B 1.5B 1.2B 1.6B 1.6B
Accounts Receivable 104.0M 131.0M 103.0M 135.0M 123.0M
Notes Receivable 49.4M 12.8M -- 3.4M --
Notes And Accounts Receivable 153.0M 144.0M 103.0M 138.0M 123.0M
Prepayments 17.0M 11.6M 33.9M 6.4M 3.6M
Inventory 569.0M 531.0M 599.0M 582.0M 558.0M
Total Current Assets 3.9B 3.8B 3.6B 3.3B 3.3B
Long Term Equity Investment 77.4M 76.0M 74.5M 38.4M 39.0M
Fixed Assets -- 1.2B 1.3B 1.4B 1.4B
Fixed Assets Total 1.8B 1.2B 1.3B 1.4B 1.4B
Construction In Progress -- 433.0M 34.0M 28.8M 38.5M
Construction In Progress Total 28.5M 437.0M 38.2M 32.7M 44.0M
Intangible Assets 170.0M 173.0M 188.0M 208.0M 221.0M
Long Term Deferred Expenses 5.9M 7.3M 9.3M 1.8M 2.3M
Total Non Current Assets 2.5B 2.4B 2.2B 2.1B 2.2B
Total Assets 6.4B 6.2B 5.8B 5.4B 5.5B
Short Term Borrowings 641.0M 731.0M 432.0M 333.0M 677.0M
Accounts Payable 349.0M 311.0M 278.0M 328.0M 271.0M
Advance Receipts 3.5M 3.6M 4.5M 5.4M 5.1M
Contract Liabilities 43.2M 45.9M 48.9M 75.4M 46.6M
Total Current Liabilities 2.0B 1.8B 1.4B 1.3B 1.3B
Long Term Borrowings -- 35.0M 142.0M 93.8M 188.0M
Total Non Current Liabilities 91.2M 124.0M 232.0M 192.0M 297.0M
Total Liabilities 2.1B 1.9B 1.7B 1.4B 1.6B
Paid In Capital 2.3B 2.3B 2.3B 2.3B 2.3B
Capital Reserve 728.0M 826.0M 826.0M 826.0M 826.0M
Surplus Reserve 256.0M 248.0M 236.0M 216.0M 204.0M
Retained Earnings 737.0M 698.0M 699.0M 511.0M 333.0M
Minority Equity 375.0M 344.0M 299.0M 291.0M 279.0M
Equity Attributable 3.9B 3.9B 3.9B 3.7B 3.6B
Total Equity 4.3B 4.2B 4.2B 3.9B 3.9B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 2.5B 2.6B 2.7B 2.4B 2.1B
Tax Refunds Received 9.0M 4.0M 23.5M 38.4M 12.1M
Total Operating Cash Inflow 2.7B 2.7B 2.7B 2.5B 2.1B
Cash Paid For Goods 1.7B 1.3B 1.6B 1.3B 1.4B
Cash Paid To Employees 395.0M 389.0M 446.0M 451.0M 361.0M
Taxes Paid 79.7M 146.0M 165.0M 166.0M 130.0M
Total Operating Cash Outflow 2.2B 2.0B 2.4B 2.0B 2.1B
Operating Cash Flow 417.0M 656.0M 386.0M 461.0M 78.7M
Total Investing Cash Inflow 1.6B 2.2B 5.4B 5.5B 5.7B
Total Investing Cash Outflow 2.2B 3.3B 5.1B 5.5B 5.9B
Investing Cash Flow -619.0M -1.1B 327.0M -14.4M -192.0M
Cash From Borrowings 821.0M 890.0M 757.0M 558.0M 982.0M
Dividends And Interest Paid 62.5M 134.0M 20.6M 32.1M 35.3M
Debt Repayments 873.0M 575.0M 750.0M 879.0M 887.0M
Total Financing Cash Inflow 893.0M 932.0M 757.0M 558.0M 985.0M
Total Financing Cash Outflow 939.0M 712.0M 773.0M 1.1B 959.0M
Financing Cash Flow -45.8M 220.0M -16.3M -520.0M 26.1M
Net Change In Cash -245.0M -206.0M 699.0M -74.4M -92.0M
Ending Cash Balance 651.0M 896.0M 1.1B 403.0M 477.0M
Capex 376.0M 779.0M 97.5M 77.2M 74.6M
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