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时代万恒 — 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 401.0M 654.0M 936.0M 781.0M 516.0M
Revenue Growth % -38.7% -30.1% 19.8% 51.4% --
Total Revenue 401.0M 654.0M 936.0M 781.0M 516.0M
Cost Of Revenue 281.0M 485.0M 685.0M 558.0M 384.0M
+Gross Profit 120.0M 169.0M 251.0M 223.0M 132.0M
Gross Margin % 29.9% 25.8% 26.8% 28.6% 25.6%
Total Operating Cost 380.0M 586.0M 843.0M 740.0M 533.0M
Selling Expenses 9.9M 6.5M 5.3M 7.6M 25.6M
Admin Expenses 62.9M 66.0M 88.6M 77.1M 56.5M
Rd Expenses 21.7M 28.9M 32.9M 31.4M 21.5M
Finance Expenses -10.4M -11.4M -23.3M 9.5M 14.4M
+Operating Income 18.9M 71.3M 81.2M 4.8M -35.0M
Operating Margin % 4.7% 10.9% 8.7% 0.6% -6.8%
Non Operating Income 108,200 470,600 122,500 749,100 352,900
Non Operating Expenses 125,400 27,900 124,900 448,900 616,000
Investment Income -4.3M 1.8M -13.9M -39.9M -21.7M
Fair Value Change Income 14,200 -- -- -- --
Asset Disposal Income 236,300 -10,100 185,800 9,400 --
Asset Impairment Loss 4.2M 2.2M 38.4M 22.0M 8.6M
Other Income 1.9M 1.6M 1.6M 4.2M 4.0M
Income Before Tax 18.9M 71.7M 81.2M 5.1M -35.2M
Income Tax 169,400 719,500 -612,000 1.2M 4.1M
+Net Income 18.7M 71.0M 81.8M 3.8M -39.3M
Net Margin % 4.7% 10.9% 8.7% 0.5% -7.6%
Net Income Attributable 19.4M 60.6M 51.2M -13.4M -28.1M
Minority Interest -674,900 10.4M 30.6M 17.2M -11.3M
Eps Basic 0.07 0.21 0.17 -0.05 -0.10
Eps Diluted -- -- 0.17 -0.05 -0.10
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 500.0M 550.0M 629.0M 427.0M 224.0M
Trading Financial Assets 100.0M -- -- -- --
Accounts Receivable 118.0M 156.0M 147.0M 171.0M 132.0M
Notes Receivable 13.4M 16.4M 5.3M 1.9M 5,600
Notes And Accounts Receivable 131.0M 173.0M 152.0M 173.0M 132.0M
Prepayments 6.3M 6.4M 7.2M 11.1M 16.8M
Inventory 113.0M 101.0M 242.0M 228.0M 138.0M
Total Current Assets 853.0M 832.0M 1.0B 870.0M 658.0M
Long Term Equity Investment 66.4M 71.2M 71.2M 85.1M 125.0M
Fixed Assets -- 283.0M 282.0M 304.0M 325.0M
Fixed Assets Total 264.0M 283.0M 282.0M 304.0M 325.0M
Construction In Progress -- 1.0M 460,000 353,900 200,900
Construction In Progress Total 1.4M 1.0M 2.1M 2.1M 1.9M
Intangible Assets 21.4M 22.1M 22.7M 23.4M 24.2M
Long Term Deferred Expenses 3.8M 3.6M 63,300 216,400 379,100
Total Non Current Assets 388.0M 414.0M 427.0M 498.0M 585.0M
Total Assets 1.2B 1.2B 1.5B 1.4B 1.2B
Short Term Borrowings 647,700 -- -- -- 132.0M
Accounts Payable 43.7M 51.4M 95.9M 164.0M 124.0M
Advance Receipts 5,500 21,900 47,400 87,000 --
Contract Liabilities 1.2M 509,400 6.4M 17.9M 831,400
Total Current Liabilities 142.0M 165.0M 464.0M 482.0M 369.0M
Long Term Borrowings -- -- -- -- --
Total Non Current Liabilities 4.5M 5.2M 4.8M 5.2M 5.6M
Total Liabilities 146.0M 170.0M 468.0M 487.0M 375.0M
Paid In Capital 294.0M 294.0M 294.0M 294.0M 294.0M
Capital Reserve 1.2B 1.2B 1.2B 1.1B 1.1B
Surplus Reserve 41.7M 41.7M 41.7M 41.7M 41.7M
Retained Earnings -354.0M -374.0M -434.0M -486.0M -472.0M
Minority Equity -72.1M -71.4M -81.8M -112.0M -130.0M
Equity Attributable 1.2B 1.1B 1.1B 994.0M 998.0M
Total Equity 1.1B 1.1B 990.0M 882.0M 868.0M
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 370.0M 603.0M 943.0M 732.0M 460.0M
Tax Refunds Received 3.6M 11.1M 72.6M 40.2M 25.2M
Total Operating Cash Inflow 381.0M 617.0M 1.0B 779.0M 491.0M
Cash Paid For Goods 196.0M 534.0M 690.0M 376.0M 347.0M
Cash Paid To Employees 95.7M 116.0M 119.0M 97.7M 144.0M
Taxes Paid 12.4M 17.9M 7.8M 12.1M 10.9M
Total Operating Cash Outflow 333.0M 687.0M 831.0M 506.0M 540.0M
Operating Cash Flow 47.9M -70.1M 214.0M 273.0M -49.1M
Total Investing Cash Inflow 117.0M 1.7B 1.2M 60.7M 31.0M
Total Investing Cash Outflow 362.0M 1.7B 41.1M 20.1M 38.7M
Investing Cash Flow -246.0M -22.5M -40.0M 40.6M -7.6M
Cash From Borrowings 647,700 -- -- -- 132.0M
Dividends And Interest Paid -- -- -- 4.0M 10.1M
Debt Repayments -- -- -- 132.0M 118.0M
Total Financing Cash Inflow 647,700 258.0M 33.9M 104.0M 149.0M
Total Financing Cash Outflow 629,100 20.6M 80.5M 382.0M 131.0M
Financing Cash Flow 18,600 237.0M -46.6M -278.0M 18.0M
Net Change In Cash -196.0M 145.0M 132.0M 33.3M -40.8M
Ending Cash Balance 262.0M 458.0M 313.0M 181.0M 147.0M
Capex 3.7M 16.7M 21.1M 20.1M 38.7M
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