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恒顺醋业 — 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 2.2B 2.1B 2.1B 1.9B 2.0B
Revenue Growth % 4.3% -1.5% 13.0% -6.5% --
Total Revenue 2.2B 2.1B 2.1B 1.9B 2.0B
Cost Of Revenue 1.4B 1.4B 1.4B 1.2B 1.2B
+Gross Profit 763.0M 694.0M 735.0M 711.0M 828.0M
Gross Margin % 34.7% 33.0% 34.4% 37.6% 40.9%
Total Operating Cost 2.1B 2.0B 2.0B 1.8B 1.7B
Selling Expenses 393.0M 393.0M 347.0M 344.0M 273.0M
Admin Expenses 114.0M 104.0M 116.0M 125.0M 119.0M
Rd Expenses 89.7M 80.5M 83.3M 78.5M 57.8M
Finance Expenses -2.7M -3.6M 3.3M 5.7M 5.9M
+Operating Income 134.0M 103.0M 164.0M 146.0M 386.0M
Operating Margin % 6.1% 4.9% 7.7% 7.7% 19.1%
Non Operating Income 1.1M 561,600 1.9M 2.2M 11.2M
Non Operating Expenses 2.8M 1.5M 1.8M 5.2M 7.1M
Investment Income -5.2M -22.7M -8.5M -2.8M 1.4M
Fair Value Change Income 5.1M 11.2M 13.0M -1.2M 23.3M
Asset Disposal Income -1.5M -1.6M -11.1M 2.3M -864,000
Asset Impairment Loss 31.2M -- 899,600 -1.8M -2.4M
Other Income 27.7M 16.5M 10.2M 11.8M 10.9M
Income Before Tax 132.0M 102.0M 164.0M 143.0M 390.0M
Income Tax 20.5M 22.3M 34.2M 24.8M 68.6M
+Net Income 112.0M 79.8M 129.0M 118.0M 321.0M
Net Margin % 5.1% 3.8% 6.0% 6.2% 15.9%
Net Income Attributable 127.0M 86.9M 138.0M 119.0M 315.0M
Minority Interest -15.7M -7.1M -8.5M -585,400 5.8M
Eps Basic 0.12 0.08 0.14 0.12 0.31
Eps Diluted 0.12 0.08 0.14 0.12 0.31
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 604.0M 584.0M 348.0M 311.0M 197.0M
Trading Financial Assets 535.0M 1.0B 352.0M 543.0M 753.0M
Accounts Receivable 38.0M 47.6M 69.0M 78.6M 92.3M
Notes Receivable -- -- -- -- --
Notes And Accounts Receivable 38.0M 47.6M 69.0M 78.6M 92.3M
Prepayments 24.3M 7.8M 10.5M 7.5M 9.1M
Inventory 276.0M 278.0M 298.0M 379.0M 291.0M
Total Current Assets 2.2B 2.0B 1.2B 1.5B 1.4B
Long Term Equity Investment 59.4M 77.7M 101.0M 122.0M 133.0M
Fixed Assets -- 823.0M 890.0M 941.0M --
Fixed Assets Total 1.2B 823.0M 890.0M 941.0M 949.0M
Construction In Progress -- 520.0M 188.0M 68.0M 43.5M
Construction In Progress Total 411.0M 520.0M 188.0M 68.0M 43.5M
Intangible Assets 92.4M 117.0M 121.0M 127.0M 92.5M
Long Term Deferred Expenses 4.1M 2.9M 2.0M 820,500 1.1M
Total Non Current Assets 2.2B 2.0B 1.8B 1.7B 1.9B
Total Assets 4.4B 4.1B 3.0B 3.2B 3.2B
Short Term Borrowings -- -- 29.0M 90.1M 54.1M
Accounts Payable 240.0M 213.0M 238.0M 243.0M 225.0M
Advance Receipts 3.1M 403,700 135,800 559,900 560,300
Contract Liabilities 250.0M 108.0M 118.0M 173.0M 37.1M
Total Current Liabilities 922.0M 586.0M 626.0M 776.0M 551.0M
Long Term Borrowings -- -- -- 105.0M 116.0M
Total Non Current Liabilities 114.0M 130.0M 116.0M 187.0M 193.0M
Total Liabilities 1.0B 716.0M 742.0M 963.0M 744.0M
Paid In Capital 1.1B 1.1B 1.0B 1.0B 1.0B
Capital Reserve 904.0M 1.0B 37.6M 38.0M 52.9M
Surplus Reserve 234.0M 223.0M 214.0M 204.0M 191.0M
Retained Earnings 1.1B 1.1B 1.1B 1.1B 1.2B
Minority Equity 11.0M 35.6M 30.9M 78.3M 96.3M
Equity Attributable 3.3B 3.3B 2.2B 2.2B 2.4B
Total Equity 3.3B 3.3B 2.2B 2.2B 2.5B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 2.6B 2.4B 2.3B 2.3B 2.2B
Tax Refunds Received 5.7M 7.6M 7.8M 33,500 1.5M
Total Operating Cash Inflow 2.7B 2.4B 2.4B 2.4B 2.3B
Cash Paid For Goods 1.3B 1.3B 1.3B 1.2B 1.0B
Cash Paid To Employees 343.0M 333.0M 350.0M 312.0M 285.0M
Taxes Paid 150.0M 121.0M 145.0M 163.0M 208.0M
Total Operating Cash Outflow 2.2B 2.2B 2.2B 2.0B 1.9B
Operating Cash Flow 494.0M 248.0M 192.0M 323.0M 363.0M
Total Investing Cash Inflow 1.7B 511.0M 955.0M 1.1B 800.0M
Total Investing Cash Outflow 2.1B 1.5B 836.0M 1.0B 1.2B
Investing Cash Flow -413.0M -979.0M 119.0M 107.0M -376.0M
Cash From Borrowings -- 10.0M 39.0M 451.0M 303.0M
Dividends And Interest Paid 77.2M 110.0M 106.0M 165.0M 174.0M
Debt Repayments -- 52.1M 139.0M 413.0M 176.0M
Total Financing Cash Inflow 23.3M 1.1B 51.2M 470.0M 326.0M
Total Financing Cash Outflow 83.0M 179.0M 326.0M 790.0M 380.0M
Financing Cash Flow -59.7M 966.0M -275.0M -320.0M -54.8M
Net Change In Cash 22.4M 236.0M 36.0M 110.0M -67.4M
Ending Cash Balance 602.0M 579.0M 343.0M 307.0M 197.0M
Capex 296.0M 332.0M 206.0M 142.0M 151.0M
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