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冠农股份 — 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 3.9B 4.3B 2.4B 3.9B 2.8B
Revenue Growth % -11.2% 80.2% -38.2% 39.6% --
Total Revenue 3.9B 4.3B 2.4B 3.9B 2.8B
Cost Of Revenue 3.6B 3.6B 2.2B 3.6B 2.3B
+Gross Profit 312.0M 737.0M 216.0M 290.0M 471.0M
Gross Margin % 8.1% 17.0% 9.0% 7.4% 16.8%
Total Operating Cost 4.0B 3.9B 2.6B 3.9B 2.6B
Selling Expenses 39.9M 34.4M 29.5M 55.6M 84.6M
Admin Expenses 119.0M 109.0M 114.0M 119.0M 96.2M
Rd Expenses 49.7M 26.3M 19.3M 7.3M 2.7M
Finance Expenses 11.9M 22.3M 55.7M 46.6M 44.2M
+Operating Income 273.0M 920.0M 357.0M 322.0M 405.0M
Operating Margin % 7.1% 21.2% 14.8% 8.3% 14.5%
Non Operating Income 7.7M 6.7M 3.9M 6.9M 9.7M
Non Operating Expenses 2.9M 10.4M 119.0M 430,600 3.6M
Investment Income 419.0M 409.0M 480.0M 267.0M 136.0M
Fair Value Change Income -15.3M 10.1M -7.9M 10.2M 61.2M
Asset Disposal Income 2.0M 569,600 1.1M -930,900 -2.6M
Asset Impairment Loss 232.0M 44.8M 122.0M 33.2M 23.5M
Other Income 39.4M 28.3M 47.7M 34.9M 30.9M
Income Before Tax 278.0M 916.0M 242.0M 328.0M 412.0M
Income Tax 31.4M 58.5M 17.5M 11.8M 56.5M
+Net Income 246.0M 857.0M 224.0M 316.0M 355.0M
Net Margin % 6.4% 19.7% 9.3% 8.1% 12.7%
Net Income Attributable 205.0M 720.0M 475.0M 301.0M 247.0M
Minority Interest 41.6M 137.0M -251.0M 15.2M 108.0M
Eps Basic 0.26 0.92 0.61 0.38 0.32
Eps Diluted 0.26 0.92 0.61 0.38 0.32
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 1.7B 1.9B 1.1B 1.1B 799.0M
Trading Financial Assets -- 210.0M 258.0M 125.0M 118.0M
Accounts Receivable 182.0M 158.0M 281.0M 140.0M 170.0M
Notes Receivable -- -- -- -- 3.7M
Notes And Accounts Receivable 182.0M 158.0M 281.0M 140.0M 174.0M
Prepayments 103.0M 74.1M 498.0M 350.0M 600.0M
Inventory 1.7B 2.2B 1.5B 2.9B 2.5B
Total Current Assets 3.9B 4.9B 4.1B 4.7B 4.4B
Long Term Equity Investment 1.3B 1.2B 1.3B 929.0M 786.0M
Fixed Assets -- 1.4B 968.0M 959.0M --
Fixed Assets Total 1.4B 1.4B 968.0M 959.0M 845.0M
Construction In Progress -- 2.2M 221.0M 127.0M --
Construction In Progress Total 12.4M 2.2M 221.0M 127.0M 30.1M
Intangible Assets 269.0M 253.0M 219.0M 227.0M 221.0M
Long Term Deferred Expenses 64.6M 9.6M 2.2M 2.6M 4.5M
Total Non Current Assets 3.2B 2.9B 2.8B 2.4B 2.0B
Total Assets 7.2B 7.8B 7.0B 7.1B 6.4B
Short Term Borrowings 2.2B 2.5B 2.4B 3.2B 2.8B
Accounts Payable 297.0M 309.0M 274.0M 186.0M 198.0M
Advance Receipts 9.6M 802,500 -- -- --
Contract Liabilities 83.9M 49.5M 252.0M 300.0M 167.0M
Total Current Liabilities 2.9B 3.4B 3.4B 3.8B 3.4B
Long Term Borrowings 120.0M 192.0M 178.0M 67.8M 10.0M
Total Non Current Liabilities 401.0M 363.0M 233.0M 130.0M 67.5M
Total Liabilities 3.3B 3.8B 3.6B 4.0B 3.5B
Paid In Capital 777.0M 777.0M 781.0M 782.0M 785.0M
Capital Reserve 392.0M 433.0M 392.0M 393.0M 362.0M
Surplus Reserve 358.0M 313.0M 269.0M 211.0M 177.0M
Retained Earnings 2.1B 2.3B 1.7B 1.4B 1.1B
Minority Equity 250.0M 268.0M 142.0M 391.0M 500.0M
Equity Attributable 3.6B 3.8B 3.2B 2.8B 2.4B
Total Equity 3.8B 4.0B 3.3B 3.1B 2.9B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 4.2B 4.9B 2.2B 4.9B 2.5B
Tax Refunds Received 171.0M 296.0M 74.1M 65.0M 53.5M
Total Operating Cash Inflow 5.0B 5.7B 2.6B 5.1B 2.6B
Cash Paid For Goods 3.6B 4.3B 801.0M 4.7B 4.0B
Cash Paid To Employees 177.0M 150.0M 116.0M 127.0M 85.3M
Taxes Paid 129.0M 215.0M 59.8M 47.4M 76.9M
Total Operating Cash Outflow 4.5B 5.5B 1.5B 5.0B 4.2B
Operating Cash Flow 567.0M 205.0M 1.0B 124.0M -1.6B
Total Investing Cash Inflow 2.6B 1.2B 486.0M 447.0M 382.0M
Total Investing Cash Outflow 2.4B 838.0M 730.0M 646.0M 493.0M
Investing Cash Flow 192.0M 380.0M -244.0M -199.0M -111.0M
Cash From Borrowings 2.9B 3.2B 3.9B 4.1B 3.6B
Dividends And Interest Paid 464.0M 218.0M 114.0M 107.0M 24.4M
Debt Repayments 3.3B 3.0B 4.5B 3.6B 2.2B
Total Financing Cash Inflow 2.9B 3.2B 3.9B 4.1B 3.6B
Total Financing Cash Outflow 3.9B 3.2B 4.7B 3.7B 2.2B
Financing Cash Flow -943.0M -274,700 -779.0M 352.0M 1.4B
Net Change In Cash -183.0M 588.0M 1.9M 277.0M -270.0M
Ending Cash Balance 1.3B 1.5B 916.0M 914.0M 637.0M
Capex 172.0M 209.0M 141.0M 322.0M 167.0M
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