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华夏幸福 — 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 23.8B 35.9B 31.9B 43.2B 101.2B
Revenue Growth % -33.8% 12.4% -26.0% -57.3% --
Total Revenue 23.8B 35.9B 31.9B 43.2B 101.2B
Cost Of Revenue 14.8B 27.7B 26.8B 39.4B 63.6B
+Gross Profit 8.9B 8.2B 5.2B 3.8B 37.6B
Gross Margin % 37.5% 22.9% 16.2% 8.7% 37.2%
Total Operating Cost 37.5B 48.5B 51.1B 81.9B 93.7B
Selling Expenses 675.0M 766.0M 989.0M 1.2B 1.5B
Admin Expenses 2.9B 3.0B 3.2B 4.9B 5.2B
Rd Expenses 9.8M 16.2M 11.5M 12.0M 19.9M
Finance Expenses 8.6B 9.1B 13.5B 17.9B 7.6B
+Operating Income -5.0B -6.6B 6.7B -42.0B 8.0B
Operating Margin % -20.8% -18.4% 21.0% -97.2% 7.9%
Non Operating Income 107.0M 143.0M 53.6M 97.5M 231.0M
Non Operating Expenses 2.6B 2.5B 3.0B 3.6B 192.0M
Investment Income 8.7B 5.6B 26.3B 516.0M 129.0M
Fair Value Change Income -12.9M -37.7M -514.0M -3.8B 33.1M
Asset Disposal Income -179.0M -29.3M 124.0M 1.0M 98.1M
Asset Impairment Loss 315.0M 329.0M 2.5B 13.2B 7.3B
Other Income 320.0M 458.0M 47.1M 109.0M 204.0M
Income Before Tax -7.4B -9.0B 3.8B -45.5B 8.1B
Income Tax -1.9B -1.8B 2.7B -5.7B 3.2B
+Net Income -5.5B -7.2B 1.1B -39.8B 4.8B
Net Margin % -23.3% -20.1% 3.3% -92.3% 4.7%
Net Income Attributable -4.8B -6.0B 1.6B -39.0B 3.7B
Minority Interest -720.0M -1.2B -518.0M -806.0M 1.1B
Eps Basic -1.24 -1.55 0.41 -10.17 0.97
Eps Diluted -1.24 -1.55 0.41 -10.17 0.96
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 5.8B 6.5B 12.4B 14.4B 27.0B
Trading Financial Assets -- -- -- -- --
Accounts Receivable 49.4B 46.8B 52.6B 56.5B 63.1B
Notes Receivable 5.0M -- -- 419,500 40.5M
Notes And Accounts Receivable 49.4B 46.8B 52.6B 56.5B 63.2B
Prepayments 893.0M 831.0M 1.0B 1.1B 1.3B
Inventory 74.7B 82.6B 122.9B 145.3B 179.2B
Total Current Assets 263.2B 307.6B 364.0B 392.5B 441.1B
Long Term Equity Investment 3.2B 5.1B 6.0B 6.0B 5.9B
Fixed Assets -- 8.4B 8.6B 9.8B 8.2B
Fixed Assets Total 6.5B 8.4B 8.6B 9.8B 8.2B
Construction In Progress -- 2.8B 3.8B 4.1B 6.3B
Construction In Progress Total 2.0B 2.8B 3.8B 4.1B 6.3B
Intangible Assets 4.1B 4.5B 5.0B 5.9B 6.8B
Long Term Deferred Expenses 1.1B 1.4B 1.6B 1.8B 2.3B
Total Non Current Assets 41.2B 43.9B 44.6B 48.5B 47.7B
Total Assets 304.4B 351.5B 408.6B 441.0B 488.8B
Short Term Borrowings 7.6B 8.3B 9.7B 26.7B 27.6B
Accounts Payable 37.2B 43.4B 50.6B 53.3B 43.1B
Advance Receipts 148.0M 137.0M 136.0M 223.0M 200.0M
Contract Liabilities 18.9B 34.8B 74.1B 89.6B 97.6B
Total Current Liabilities 139.9B 155.7B 237.1B 364.0B 285.6B
Long Term Borrowings 92.5B 95.6B 95.4B 31.1B 64.4B
Total Non Current Liabilities 145.2B 174.0B 147.2B 53.2B 111.7B
Total Liabilities 285.2B 329.6B 384.3B 417.1B 397.3B
Paid In Capital 3.9B 3.9B 3.9B 3.9B 3.9B
Capital Reserve 10.5B 8.8B 4.5B -- --
Surplus Reserve 1.5B 1.5B 1.5B 1.5B 1.9B
Retained Earnings -10.4B -5.6B 404.0M -1.2B 38.4B
Minority Equity 15.1B 14.7B 15.0B 17.5B 29.4B
Equity Attributable 4.1B 7.2B 9.4B 6.3B 62.0B
Total Equity 19.2B 21.9B 24.4B 23.8B 91.4B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 8.0B 10.7B 20.8B 37.9B 74.0B
Tax Refunds Received 256.0M 291.0M 1.9B -- --
Total Operating Cash Inflow 9.6B 12.5B 24.5B 39.8B 78.5B
Cash Paid For Goods 6.8B 8.6B 15.6B 29.2B 73.3B
Cash Paid To Employees 1.9B 2.3B 3.2B 4.8B 8.2B
Taxes Paid 1.7B 1.6B 3.2B 5.5B 13.5B
Total Operating Cash Outflow 12.0B 14.2B 24.4B 42.4B 101.6B
Operating Cash Flow -2.4B -1.6B 137.0M -2.6B -23.2B
Total Investing Cash Inflow 5.1B 1.5B 3.0B 2.6B 3.5B
Total Investing Cash Outflow 1.3B 791.0M 721.0M 1.6B 8.4B
Investing Cash Flow 3.8B 663.0M 2.3B 924.0M -4.9B
Cash From Borrowings 25.0M -- -- 450.0M 91.0B
Dividends And Interest Paid 56.6M 157.0M 258.0M 1.2B 22.8B
Debt Repayments 1.3B 4.1B 2.7B 8.7B 75.0B
Total Financing Cash Inflow 30.9M 15.8M 82.5M 1.1B 124.2B
Total Financing Cash Outflow 2.0B 4.9B 4.0B 12.0B 111.4B
Financing Cash Flow -2.0B -4.9B -3.9B -10.9B 12.8B
Net Change In Cash -660.0M -5.8B -1.4B -12.7B -15.7B
Ending Cash Balance 4.9B 5.6B 11.4B 12.8B 25.5B
Capex 41.2M 42.6M 716.0M 1.2B 4.8B
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