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红星发展 — 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 2.2B 2.9B 2.5B 1.4B
Revenue Growth % 0.0% -23.0% 12.3% 84.3% --
Total Revenue 2.2B 2.2B 2.9B 2.5B 1.4B
Cost Of Revenue 1.8B 1.9B 2.3B 1.9B 1.2B
+Gross Profit 402.0M 285.0M 555.0M 647.0M 154.0M
Gross Margin % 18.3% 13.0% 19.5% 25.5% 11.2%
Total Operating Cost 2.1B 2.2B 2.6B 2.1B 1.4B
Selling Expenses 30.8M 32.5M 32.5M 31.8M 17.2M
Admin Expenses 185.0M 163.0M 195.0M 157.0M 117.0M
Rd Expenses 72.5M 36.1M 20.7M 17.8M 525,400
Finance Expenses -11.6M 1.2M -12.5M 7.0M 4.4M
+Operating Income 122.0M 75.4M 282.0M 416.0M 67.7M
Operating Margin % 5.6% 3.4% 9.9% 16.4% 4.9%
Non Operating Income 1.4M 1.9M 1.4M 404,900 436,600
Non Operating Expenses 6.6M 4.5M 8.0M 7.5M 3.2M
Investment Income -1.5M 209,200 772,200 2.0M 43.7M
Fair Value Change Income -- -- -- -- --
Asset Disposal Income 5.5M 33.1M -- 166,600 -5,700
Asset Impairment Loss 11.1M 17.2M 13.1M 1.2M 8.5M
Other Income 31.0M 40.5M 13.6M 11.0M 9.3M
Income Before Tax 117.0M 72.8M 276.0M 409.0M 64.9M
Income Tax 17.8M 28.9M 35.4M 59.3M 13.5M
+Net Income 99.2M 43.9M 240.0M 349.0M 51.5M
Net Margin % 4.5% 2.0% 8.4% 13.7% 3.7%
Net Income Attributable 89.1M 26.5M 215.0M 294.0M 55.1M
Minority Interest 10.1M 17.5M 25.2M 55.7M -3.6M
Eps Basic 0.26 0.09 0.74 1.00 0.19
Eps Diluted 0.26 0.09 0.74 1.00 0.19
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 911.0M 940.0M 464.0M 498.0M 299.0M
Trading Financial Assets -- -- -- -- --
Accounts Receivable 184.0M 207.0M 256.0M 230.0M 197.0M
Notes Receivable 4.7M 3.6M 1.9M 5.0M 1.1M
Notes And Accounts Receivable 189.0M 211.0M 257.0M 235.0M 198.0M
Prepayments 22.0M 6.6M 29.7M 44.4M 52.1M
Inventory 362.0M 452.0M 581.0M 513.0M 320.0M
Total Current Assets 1.8B 1.8B 1.6B 1.6B 1.1B
Long Term Equity Investment -- -- -- -- --
Fixed Assets -- 969.0M 977.0M 1.0B 601.0M
Fixed Assets Total 864.0M 971.0M 979.0M 1.0B 604.0M
Construction In Progress -- 59.4M 96.9M 69.0M 185.0M
Construction In Progress Total 143.0M 60.2M 97.7M 69.8M 190.0M
Intangible Assets 129.0M 126.0M 128.0M 102.0M 51.0M
Long Term Deferred Expenses 17.3M 18.5M 19.8M 19.5M 15.0M
Total Non Current Assets 1.4B 1.3B 1.3B 1.3B 901.0M
Total Assets 3.2B 3.2B 2.9B 2.9B 2.0B
Short Term Borrowings 49.2M 24.0M 155.0M 20.0M 40.0M
Accounts Payable 288.0M 304.0M 376.0M 391.0M 262.0M
Advance Receipts 81,600 -- -- -- --
Contract Liabilities 15.0M 18.5M 14.0M 28.1M 22.8M
Total Current Liabilities 487.0M 578.0M 805.0M 720.0M 488.0M
Long Term Borrowings -- -- 95.0M -- 80.0M
Total Non Current Liabilities 38.3M 39.8M 125.0M 28.2M 96.1M
Total Liabilities 526.0M 618.0M 930.0M 748.0M 584.0M
Paid In Capital 341.0M 341.0M 293.0M 293.0M 295.0M
Capital Reserve 556.0M 556.0M 36.6M 437.0M 308.0M
Surplus Reserve 291.0M 280.0M 275.0M 261.0M 228.0M
Retained Earnings 1.2B 1.1B 1.1B 956.0M 573.0M
Minority Equity 242.0M 232.0M 199.0M 189.0M 64.9M
Equity Attributable 2.4B 2.3B 1.7B 1.9B 1.4B
Total Equity 2.6B 2.5B 1.9B 2.1B 1.4B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 1.7B 1.7B 2.2B 1.8B 756.0M
Tax Refunds Received 19.1M 13.0M 23.9M 10.3M 5.5M
Total Operating Cash Inflow 1.8B 1.8B 2.3B 1.8B 822.0M
Cash Paid For Goods 1.0B 1.0B 1.4B 1.0B 457.0M
Cash Paid To Employees 353.0M 349.0M 342.0M 322.0M 224.0M
Taxes Paid 151.0M 149.0M 174.0M 161.0M 67.6M
Total Operating Cash Outflow 1.6B 1.6B 2.0B 1.5B 792.0M
Operating Cash Flow 205.0M 204.0M 284.0M 255.0M 29.6M
Total Investing Cash Inflow 120.0M 120.0M 198.0M 113.0M 59.9M
Total Investing Cash Outflow 276.0M 193.0M 319.0M 166.0M 62.6M
Investing Cash Flow -156.0M -73.1M -121.0M -52.9M -2.7M
Cash From Borrowings 54.2M 116.0M 290.0M 60.0M 90.0M
Dividends And Interest Paid 11.0M 31.3M 62.1M 26.4M 22.2M
Debt Repayments 124.0M 247.0M 140.0M 150.0M 135.0M
Total Financing Cash Inflow 54.2M 699.0M 302.0M 69.0M 90.0M
Total Financing Cash Outflow 136.0M 386.0M 504.0M 194.0M 157.0M
Financing Cash Flow -81.8M 313.0M -202.0M -125.0M -66.9M
Net Change In Cash -30.1M 445.0M -33.1M 75.9M -42.2M
Ending Cash Balance 853.0M 883.0M 438.0M 472.0M 298.0M
Capex 175.0M 82.2M 124.0M 74.7M 61.8M
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