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长城电工 — 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 1.7B 2.1B 2.2B 2.1B 2.1B
Revenue Growth % -21.0% -1.9% 4.6% 0.0% --
Total Revenue 1.7B 2.1B 2.2B 2.1B 2.1B
Cost Of Revenue 1.5B 1.8B 1.8B 1.9B 1.8B
+Gross Profit 201.0M 316.0M 392.0M 182.0M 259.0M
Gross Margin % 12.0% 14.9% 18.1% 8.8% 12.5%
Total Operating Cost 2.0B 2.3B 2.3B 2.3B 2.3B
Selling Expenses 123.0M 125.0M 124.0M 110.0M 106.0M
Admin Expenses 157.0M 154.0M 147.0M 152.0M 140.0M
Rd Expenses 84.0M 85.5M 94.2M 76.7M 92.0M
Finance Expenses 60.4M 54.9M 52.7M 58.5M 50.5M
+Operating Income -234.0M -118.0M -151.0M -161.0M -237.0M
Operating Margin % -14.0% -5.6% -7.0% -7.8% -11.5%
Non Operating Income 7.1M 6.8M 12.5M 2.7M 2.6M
Non Operating Expenses 2.5M 2.4M 2.0M 1.3M 2.0M
Investment Income 1.4M 3.7M -11.7M -15.4M -11.0M
Fair Value Change Income -- -- -- -- --
Asset Disposal Income 7.9M 1.9M 9.2M 110.0M 245,400
Asset Impairment Loss 11.8M 2.8M 21.6M -9.0M 57.1M
Other Income 33.0M 41.9M 22.2M 26.2M 26.2M
Income Before Tax -229.0M -113.0M -141.0M -160.0M -237.0M
Income Tax -273,800 1.2M -7.8M -13.4M -22.4M
+Net Income -229.0M -115.0M -133.0M -147.0M -214.0M
Net Margin % -13.7% -5.4% -6.2% -7.1% -10.4%
Net Income Attributable -225.0M -110.0M -120.0M -128.0M -195.0M
Minority Interest -3.8M -4.8M -13.1M -18.6M -19.2M
Eps Basic -0.51 -0.25 -0.27 -0.29 -0.44
Eps Diluted -0.51 -0.25 -0.27 -0.29 -0.44
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 449.0M 320.0M 379.0M 279.0M 267.0M
Trading Financial Assets -- -- -- -- --
Accounts Receivable 1.3B 1.6B 1.4B 1.3B 1.3B
Notes Receivable 185.0M -- -- -- --
Notes And Accounts Receivable 1.5B 1.6B 1.4B 1.3B 1.3B
Prepayments 142.0M 140.0M 138.0M 101.0M 144.0M
Inventory 1.0B 1.2B 1.2B 1.1B 1.1B
Total Current Assets 3.3B 3.6B 3.6B 3.4B 3.2B
Long Term Equity Investment 125.0M 123.0M 122.0M 136.0M 150.0M
Fixed Assets -- 712.0M 730.0M 720.0M 753.0M
Fixed Assets Total 704.0M 712.0M 730.0M 720.0M 753.0M
Construction In Progress -- 130.0M 48.8M 15.3M 11.0M
Construction In Progress Total 149.0M 130.0M 48.8M 15.3M 11.0M
Intangible Assets 92.2M 101.0M 104.0M 107.0M 153.0M
Long Term Deferred Expenses 6.3M 6.7M 6.4M 5.7M 1.4M
Total Non Current Assets 1.3B 1.3B 1.3B 1.3B 1.5B
Total Assets 4.7B 4.9B 4.9B 4.7B 4.7B
Short Term Borrowings 1.1B 1.1B 1.1B 1.1B 1.1B
Accounts Payable 879.0M 994.0M 979.0M 798.0M 680.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 122.0M 109.0M 96.6M 90.8M 109.0M
Total Current Liabilities 2.8B 3.2B 3.0B 2.7B 2.6B
Long Term Borrowings 279.0M 60.0M 150.0M 100.0M 172,800
Total Non Current Liabilities 631.0M 316.0M 349.0M 301.0M 276.0M
Total Liabilities 3.5B 3.5B 3.3B 3.0B 2.9B
Paid In Capital 442.0M 442.0M 442.0M 442.0M 442.0M
Capital Reserve 907.0M 907.0M 908.0M 908.0M 908.0M
Surplus Reserve 49.0M 49.0M 49.0M 49.0M 49.0M
Retained Earnings -258.0M -33.4M 94.5M 214.0M 342.0M
Minority Equity 26.8M 31.1M 17.6M 30.9M 47.4M
Equity Attributable 1.2B 1.4B 1.6B 1.7B 1.8B
Total Equity 1.2B 1.5B 1.6B 1.7B 1.9B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 1.4B 1.5B 1.5B 1.6B 1.3B
Tax Refunds Received 1.5M 5.8M 4.8M 1.7M 1.2M
Total Operating Cash Inflow 1.5B 1.9B 1.7B 1.7B 1.4B
Cash Paid For Goods 744.0M 1.1B 1.1B 1.0B 1.1B
Cash Paid To Employees 372.0M 369.0M 349.0M 325.0M 287.0M
Taxes Paid 60.7M 75.0M 60.0M 58.3M 53.2M
Total Operating Cash Outflow 1.5B 1.9B 1.9B 1.7B 1.6B
Operating Cash Flow 63.1M 15.5M -221.0M -11.0M -247.0M
Total Investing Cash Inflow 9.7M 3.7M 188.0M 248,800 302,300
Total Investing Cash Outflow 75.0M 78.8M 61.5M 97.5M 23.6M
Investing Cash Flow -65.3M -75.1M 127.0M -97.2M -23.3M
Cash From Borrowings 1.7B 1.6B 1.3B 1.4B 1.4B
Dividends And Interest Paid 58.7M 54.4M 54.9M 59.4M 54.0M
Debt Repayments 1.6B 1.5B 1.3B 1.3B 1.3B
Total Financing Cash Inflow 1.8B 1.6B 1.4B 1.5B 1.5B
Total Financing Cash Outflow 1.7B 1.6B 1.3B 1.4B 1.5B
Financing Cash Flow 114.0M 23.7M 89.6M 112.0M 56.6M
Net Change In Cash 112.0M -35.9M -4.5M 3.7M -214.0M
Ending Cash Balance 249.0M 137.0M 173.0M 177.0M 173.0M
Capex 74.8M 78.8M 61.5M 17.9M 23.6M
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