CHINA SHIPBUILDING INDUSTRY GRO

CHINA SHIPBUILDING INDUSTRY GRO — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
+Revenue	51.7B	45.1B	38.3B	34.7B	27.0B	29.7B	29.7B	27.5B	22.3B	18.0B	5.7B	5.2B	4.7B	4.1B	3.3B	2.7B	3.1B	2.6B	1.9B	1.4B
Revenue Growth %	14.6%	17.8%	10.4%	28.3%	-9.0%	0.1%	7.8%	23.3%	24.2%	212.3%	10.0%	10.5%	16.0%	25.2%	21.3%	-14.8%	19.9%	40.3%	37.0%	--
Total Revenue	51.7B	45.1B	38.3B	34.7B	27.0B	29.7B	29.7B	27.5B	22.3B	18.0B	5.7B	5.2B	4.7B	4.1B	3.3B	2.7B	3.1B	2.6B	1.9B	1.4B
Cost Of Revenue	44.0B	39.5B	33.3B	30.3B	23.6B	25.5B	24.8B	22.5B	18.5B	14.9B	5.0B	4.5B	4.0B	3.6B	2.8B	2.3B	2.9B	2.2B	1.6B	1.1B
+Gross Profit	7.7B	5.6B	5.0B	4.4B	3.4B	4.2B	4.8B	5.0B	3.8B	3.1B	769.0M	689.0M	694.0M	519.0M	460.0M	397.0M	248.0M	377.0M	288.0M	223.0M
Gross Margin %	14.8%	12.5%	13.0%	12.7%	12.6%	14.1%	16.3%	18.3%	17.0%	17.2%	13.4%	13.2%	14.7%	12.7%	14.1%	14.8%	7.9%	14.4%	15.4%	16.3%
Total Operating Cost	50.0B	44.9B	38.5B	34.8B	26.8B	29.1B	28.3B	26.6B	21.2B	17.0B	5.6B	5.1B	4.6B	4.0B	3.2B	2.6B	3.4B	2.5B	1.8B	1.3B
Selling Expenses	401.0M	386.0M	676.0M	593.0M	517.0M	690.0M	586.0M	642.0M	449.0M	428.0M	274.0M	235.0M	247.0M	178.0M	155.0M	133.0M	120.0M	76.2M	102.0M	82.3M
Admin Expenses	2.6B	2.3B	2.0B	1.8B	1.3B	1.5B	1.6B	1.6B	1.7B	1.5B	225.0M	201.0M	211.0M	170.0M	151.0M	106.0M	116.0M	82.4M	65.6M	60.1M
Rd Expenses	2.4B	2.1B	1.7B	1.5B	815.0M	824.0M	754.0M	645.0M	--	--	--	--	--	--	--	--	--	--	--	--
Finance Expenses	-288.0M	-82.4M	-97.5M	-29.6M	43.1M	78.6M	-26.7M	324.0M	120.0M	94.8M	78.7M	93.5M	87.6M	89.4M	60.6M	63.2M	136.0M	64.9M	29.8M	19.5M
+Operating Income	2.8B	1.2B	444.0M	463.0M	480.0M	1.0B	1.7B	1.2B	1.2B	1.1B	163.0M	133.0M	118.0M	73.3M	69.4M	49.1M	-291.0M	142.0M	77.7M	64.4M
Operating Margin %	5.3%	2.6%	1.2%	1.3%	1.8%	3.5%	5.8%	4.2%	5.2%	6.0%	2.8%	2.5%	2.5%	1.8%	2.1%	1.8%	-9.2%	5.4%	4.1%	4.7%
Non Operating Income	94.7M	60.6M	35.3M	334.0M	191.0M	231.0M	172.0M	172.0M	133.0M	181.0M	26.3M	19.7M	1.8M	12.7M	2.3M	3.2M	8.9M	3.3M	1.2M	697,300
Non Operating Expenses	16.3M	74.0M	10.0M	8.8M	8.7M	92.8M	64.9M	92.4M	15.0M	46.7M	9.0M	2.4M	18.0M	2.2M	1.1M	1.5M	1.6M	2.8M	1.9M	895,800
Investment Income	220.0M	333.0M	125.0M	45.9M	61.9M	39.0M	207.0M	95.3M	44.1M	93.6M	3.8M	3.5M	650,000	500,000	250,000	250,000	175,000	150,000	--	--
Fair Value Change Income	--	22.3M	18.5M	12.6M	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Asset Disposal Income	17.5M	7.2M	23.0M	45.5M	3.9M	31.1M	7.5M	2.6M	1.3M	--	--	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	232.0M	201.0M	322.0M	283.0M	19.6M	-4.8M	191.0M	492.0M	92.3M	85.7M	15.5M	11.1M	15.2M	-4.2M	14.2M	34.4M	157.0M	9.0M	5.8M	--
Other Income	813.0M	595.0M	464.0M	484.0M	228.0M	331.0M	151.0M	126.0M	--	--	--	--	--	--	--	--	--	--	--	--
Income Before Tax	2.8B	1.2B	469.0M	788.0M	663.0M	1.2B	1.8B	1.2B	1.3B	1.2B	180.0M	150.0M	101.0M	83.8M	70.6M	50.7M	-284.0M	143.0M	76.9M	64.2M
Income Tax	278.0M	102.0M	82.7M	101.0M	84.8M	139.0M	279.0M	51.4M	243.0M	184.0M	41.6M	37.1M	26.3M	15.9M	21.7M	6.2M	3.4M	26.4M	10.1M	10.9M
+Net Income	2.6B	1.1B	386.0M	687.0M	578.0M	1.0B	1.6B	1.2B	1.0B	1.0B	139.0M	113.0M	75.0M	67.9M	48.9M	44.5M	-287.0M	116.0M	66.8M	53.3M
Net Margin %	4.9%	2.3%	1.0%	2.0%	2.1%	3.5%	5.3%	4.3%	4.7%	5.7%	2.4%	2.2%	1.6%	1.7%	1.5%	1.7%	-9.1%	4.4%	3.6%	3.9%
Net Income Attributable	1.4B	779.0M	336.0M	635.0M	543.0M	991.0M	1.3B	1.2B	1.1B	923.0M	144.0M	116.0M	77.8M	69.4M	48.7M	44.4M	-287.0M	116.0M	66.9M	53.2M
Minority Interest	1.2B	279.0M	50.5M	51.9M	35.1M	49.5M	212.0M	27.2M	-31.5M	95.0M	-5.5M	-3.1M	-2.8M	-1.5M	189,900	143,200	-54,800	45,200	-24,100	88,400
Eps Basic	0.63	0.36	0.16	0.29	0.28	0.58	0.78	0.67	0.71	0.73	0.27	0.24	0.17	0.15	0.11	0.10	-0.63	0.26	0.31	0.24
Eps Diluted	0.61	0.36	0.16	0.29	0.28	0.58	0.78	0.67	0.71	0.73	0.27	0.24	0.17	0.15	0.11	0.10	-0.63	--	0.31	--

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash And Equivalents	37.8B	27.2B	20.7B	16.6B	10.6B	9.6B	13.9B	15.8B	17.8B	5.8B	517.0M	502.0M	395.0M	416.0M	295.0M	478.0M	390.0M	279.0M	209.0M	240.0M
Trading Financial Assets	--	--	1.2B	802.0M	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Accounts Receivable	14.7B	13.4B	11.8B	10.5B	11.7B	13.5B	14.2B	11.3B	5.4B	4.7B	513.0M	472.0M	430.0M	371.0M	318.0M	279.0M	258.0M	317.0M	180.0M	162.0M
Notes Receivable	3.1B	5.2B	5.7B	5.2B	2.4B	--	2.8B	1.7B	1.4B	809.0M	166.0M	209.0M	75.0M	272.0M	101.0M	85.9M	80.4M	160.0M	39.5M	17.0M
Notes And Accounts Receivable	17.9B	18.6B	17.5B	15.7B	14.0B	13.5B	16.9B	13.0B	6.8B	5.5B	679.0M	681.0M	505.0M	642.0M	419.0M	365.0M	339.0M	478.0M	220.0M	179.0M
Prepayments	5.6B	6.5B	4.2B	3.7B	2.2B	2.7B	2.0B	1.4B	712.0M	727.0M	41.2M	67.7M	31.8M	31.7M	34.5M	102.0M	94.8M	81.9M	92.9M	47.0M
Inventory	17.6B	17.9B	15.4B	13.3B	10.1B	8.6B	8.0B	7.7B	7.2B	7.5B	1.1B	1.1B	965.0M	930.0M	1.1B	747.0M	615.0M	1.3B	458.0M	393.0M
Total Current Assets	82.6B	73.3B	60.8B	52.4B	40.5B	38.8B	41.5B	39.9B	33.0B	20.3B	2.4B	2.3B	1.9B	2.0B	1.8B	1.7B	1.5B	2.2B	995.0M	880.0M
Long Term Equity Investment	813.0M	746.0M	924.0M	1.4B	1.2B	1.1B	1.1B	373.0M	348.0M	248.0M	70.5M	69.1M	6.1M	6.1M	5.0M	5.0M	5.0M	5.0M	5.0M	5.0M
Fixed Assets	--	13.0B	13.0B	12.5B	8.3B	8.2B	7.9B	8.3B	6.6B	4.6B	1.0B	946.0M	812.0M	723.0M	798.0M	843.0M	811.0M	785.0M	445.0M	415.0M
Fixed Assets Total	14.0B	13.0B	13.0B	12.5B	8.3B	8.2B	7.9B	8.3B	6.6B	4.6B	1.0B	946.0M	812.0M	723.0M	798.0M	843.0M	811.0M	785.0M	445.0M	415.0M
Construction In Progress	--	4.0B	4.2B	4.3B	4.3B	3.9B	3.5B	2.8B	1.7B	1.9B	691.0M	573.0M	509.0M	376.0M	211.0M	146.0M	185.0M	113.0M	303.0M	121.0M
Construction In Progress Total	3.0B	4.0B	4.2B	4.3B	4.3B	3.9B	3.5B	2.8B	1.7B	1.9B	691.0M	573.0M	509.0M	376.0M	211.0M	146.0M	185.0M	113.0M	303.0M	121.0M
Intangible Assets	3.8B	3.9B	3.9B	3.4B	2.3B	2.3B	2.2B	2.4B	2.0B	944.0M	174.0M	176.0M	179.0M	125.0M	127.0M	128.0M	129.0M	127.0M	3.5M	4.1M
Long Term Deferred Expenses	211.0M	213.0M	202.0M	179.0M	15.0M	14.1M	15.0M	15.9M	14.6M	16.2M	8.2M	8.7M	8.3M	8.4M	4.9M	3.5M	3.2M	1.3M	1.3M	1.5M
Total Non Current Assets	26.3B	25.8B	25.0B	24.8B	18.3B	17.2B	15.8B	14.6B	11.1B	8.4B	2.0B	1.8B	1.5B	1.2B	1.2B	1.1B	1.1B	1.0B	767.0M	547.0M
Total Assets	108.9B	99.1B	85.9B	77.1B	58.7B	56.0B	57.2B	54.5B	44.1B	28.8B	4.3B	4.1B	3.4B	3.3B	3.0B	2.8B	2.6B	3.2B	1.8B	1.4B
Short Term Borrowings	1.5B	1.8B	2.6B	2.0B	1.8B	2.1B	9.4B	7.4B	3.3B	1.0B	530.0M	635.0M	842.0M	1.6B	765.0M	425.0M	1.2B	1.6B	425.0M	321.0M
Accounts Payable	16.0B	13.7B	10.7B	9.3B	7.2B	6.6B	6.6B	5.6B	4.1B	3.9B	350.0M	359.0M	257.0M	215.0M	179.0M	105.0M	101.0M	131.0M	124.0M	77.0M
Advance Receipts	883,000	--	442,800	--	--	2.8B	2.5B	2.2B	2.6B	3.6B	222.0M	221.0M	163.0M	281.0M	342.0M	190.0M	50.5M	14.6M	21.6M	11.7M
Contract Liabilities	20.7B	14.7B	9.7B	5.8B	1.8B	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	46.1B	38.7B	30.6B	23.9B	15.5B	15.7B	22.5B	21.9B	13.6B	11.6B	1.5B	1.4B	1.4B	2.1B	1.9B	1.8B	1.6B	1.9B	908.0M	586.0M
Long Term Borrowings	4.1B	5.0B	2.6B	2.0B	1.8B	1.3B	1.2B	1.8B	1.4B	3.5B	700.0M	700.0M	700.0M	--	--	--	--	--	56.0M	89.0M
Total Non Current Liabilities	11.8B	13.1B	9.5B	8.0B	6.7B	3.7B	3.8B	4.4B	3.3B	5.0B	820.0M	826.0M	784.0M	2.8M	3.1M	3.4M	3.9M	4.0M	58.2M	107.0M
Total Liabilities	58.0B	51.8B	40.1B	31.9B	22.2B	19.4B	26.3B	26.3B	16.9B	16.6B	2.3B	2.2B	2.1B	2.1B	1.9B	1.8B	1.6B	1.9B	966.0M	693.0M
Paid In Capital	2.3B	2.2B	2.2B	2.2B	2.2B	1.7B	1.7B	1.7B	1.7B	537.0M	537.0M	531.0M	461.0M	461.0M	461.0M	461.0M	461.0M	231.0M	218.0M	218.0M
Capital Reserve	27.4B	26.1B	25.6B	30.3B	26.5B	19.2B	19.0B	19.5B	19.4B	7.3B	1.3B	1.3B	750.0M	750.0M	750.0M	750.0M	750.0M	865.0M	440.0M	425.0M
Surplus Reserve	685.0M	679.0M	657.0M	630.0M	611.0M	587.0M	553.0M	236.0M	177.0M	122.0M	99.5M	82.9M	67.2M	56.1M	54.7M	54.7M	54.7M	54.7M	42.6M	35.8M
Retained Earnings	8.4B	7.3B	6.7B	6.6B	6.1B	5.6B	4.6B	4.0B	4.1B	3.1B	149.0M	56.7M	-18.7M	-85.4M	-152.0M	-200.0M	-245.0M	171.0M	94.9M	55.2M
Minority Equity	11.8B	10.5B	10.2B	5.1B	768.0M	9.2B	5.0B	2.7B	1.7B	1.1B	4.6M	10.1M	13.2M	16.0M	18.4M	18.2M	949,200	1.0M	658,800	667,100
Equity Attributable	39.2B	36.8B	35.6B	40.1B	35.8B	27.3B	25.9B	25.4B	25.4B	11.0B	2.1B	1.9B	1.3B	1.2B	1.1B	1.1B	1.0B	1.3B	795.0M	734.0M
Total Equity	51.0B	47.3B	45.8B	45.2B	36.6B	36.6B	30.9B	28.2B	27.1B	12.1B	2.1B	2.0B	1.3B	1.2B	1.1B	1.1B	1.0B	1.3B	796.0M	735.0M

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash From Sales	65.1B	54.1B	45.4B	41.9B	28.4B	29.8B	26.5B	22.8B	20.1B	17.9B	5.0B	4.7B	5.0B	4.2B	3.6B	3.2B	3.5B	2.6B	2.0B	1.6B
Tax Refunds Received	271.0M	118.0M	242.0M	65.8M	181.0M	90.6M	51.8M	108.0M	150.0M	11.5M	238,100	628,300	657,500	8.3M	2.2M	462,200	--	707,700	546,400	376,600
Total Operating Cash Inflow	66.8B	56.0B	47.3B	43.4B	29.2B	30.8B	28.4B	23.7B	21.5B	18.9B	5.0B	4.7B	5.0B	4.2B	3.6B	3.2B	3.5B	2.6B	2.0B	1.6B
Cash Paid For Goods	43.5B	42.1B	36.2B	30.9B	23.5B	24.2B	23.5B	17.5B	16.0B	14.9B	3.9B	3.9B	4.1B	3.5B	3.1B	2.6B	2.3B	3.5B	1.7B	1.4B
Cash Paid To Employees	4.9B	4.7B	4.4B	4.2B	2.8B	2.8B	2.9B	3.0B	2.4B	1.6B	457.0M	405.0M	342.0M	301.0M	245.0M	185.0M	137.0M	143.0M	112.0M	101.0M
Taxes Paid	2.2B	2.0B	1.5B	1.3B	991.0M	1.2B	1.4B	1.4B	927.0M	575.0M	197.0M	240.0M	202.0M	165.0M	131.0M	136.0M	156.0M	96.6M	66.4M	53.5M
Total Operating Cash Outflow	52.4B	51.4B	44.2B	37.8B	29.0B	30.1B	29.6B	24.1B	20.9B	18.6B	4.7B	4.6B	4.7B	4.0B	3.5B	3.0B	2.7B	3.8B	1.9B	1.6B
Operating Cash Flow	14.4B	4.6B	3.1B	5.6B	153.0M	716.0M	-1.2B	-397.0M	541.0M	326.0M	329.0M	85.2M	308.0M	147.0M	65.6M	162.0M	893.0M	-1.1B	106.0M	28.7M
Total Investing Cash Inflow	2.8B	4.0B	5.3B	3.5B	83.5M	172.0M	2.0B	339.0M	5.7B	226.0M	3.0M	9.2M	79.1M	2.6M	350,100	288,400	382,200	2.3M	1.9M	820,300
Total Investing Cash Outflow	5.6B	5.7B	9.2B	4.8B	1.3B	1.9B	5.3B	2.2B	6.1B	1.1B	329.0M	370.0M	330.0M	164.0M	86.6M	86.6M	141.0M	314.0M	228.0M	185.0M
Investing Cash Flow	-2.8B	-1.8B	-3.9B	-1.3B	-1.2B	-1.8B	-3.4B	-1.8B	-400.0M	-861.0M	-326.0M	-361.0M	-251.0M	-161.0M	-86.3M	-86.3M	-140.0M	-311.0M	-226.0M	-184.0M
Cash From Borrowings	4.4B	6.3B	7.9B	5.8B	4.9B	8.0B	13.0B	12.3B	5.4B	4.6B	710.0M	993.0M	2.0B	2.1B	895.0M	875.0M	2.9B	2.7B	1.2B	1.1B
Dividends And Interest Paid	637.0M	409.0M	372.0M	311.0M	198.0M	258.0M	755.0M	940.0M	342.0M	497.0M	104.0M	106.0M	88.1M	86.0M	25.2M	45.4M	122.0M	86.9M	47.7M	45.5M
Debt Repayments	6.7B	4.2B	5.5B	6.4B	4.6B	14.0B	11.0B	12.9B	6.3B	3.7B	815.0M	1.2B	2.0B	1.3B	555.0M	1.6B	3.4B	1.5B	1.0B	1.0B
Total Financing Cash Inflow	4.5B	6.4B	7.9B	5.9B	6.4B	11.4B	15.3B	14.5B	20.0B	6.2B	1.2B	2.4B	2.2B	2.2B	2.6B	2.6B	2.9B	3.1B	1.2B	1.1B
Total Financing Cash Outflow	7.4B	4.6B	5.9B	6.7B	4.9B	14.9B	12.4B	14.7B	8.8B	5.6B	1.1B	2.1B	2.3B	2.0B	2.7B	2.8B	3.6B	1.6B	1.1B	1.1B
Financing Cash Flow	-2.9B	1.8B	2.0B	-830.0M	1.5B	-3.5B	2.9B	-236.0M	11.2B	607.0M	43.0M	355.0M	-81.4M	265.0M	-75.4M	-203.0M	-642.0M	1.5B	88.2M	-501,400
Net Change In Cash	8.6B	4.6B	1.3B	3.5B	498.0M	-4.5B	-1.6B	-2.5B	11.3B	84.2M	45.2M	79.3M	-24.4M	249.0M	-96.2M	-127.0M	111.0M	70.1M	-31.1M	-157.0M
Ending Cash Balance	29.0B	20.4B	15.8B	14.5B	9.3B	8.8B	13.3B	15.0B	17.1B	5.1B	516.0M	471.0M	391.0M	416.0M	167.0M	263.0M	390.0M	279.0M	209.0M	--
Capex	1.1B	924.0M	1.3B	1.3B	1.2B	1.9B	1.5B	640.0M	518.0M	751.0M	314.0M	338.0M	330.0M	159.0M	83.9M	86.6M	141.0M	314.0M	228.0M	185.0M