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国药股份 — Financial Statements
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line ItemFY 2025Dec 31, 2025FY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021
+Revenue 52.5B 50.6B 49.7B 45.5B 46.5B
Revenue Growth % 3.7% 1.8% 9.2% -2.1% --
Total Revenue 52.5B 50.6B 49.7B 45.5B 46.5B
Cost Of Revenue 49.0B 47.0B 45.7B 41.7B 42.8B
+Gross Profit 3.5B 3.6B 4.0B 3.8B 3.6B
Gross Margin % 6.6% 7.1% 8.0% 8.4% 7.8%
Total Operating Cost 50.4B 48.4B 47.2B 43.2B 44.4B
Selling Expenses 725.0M 805.0M 962.0M 956.0M 940.0M
Admin Expenses 465.0M 462.0M 467.0M 436.0M 416.0M
Rd Expenses 69.3M 73.7M 71.2M 67.0M 55.8M
Finance Expenses -21.9M -68.0M -126.0M -28.8M -18.3M
+Operating Income 2.6B 2.7B 2.9B 2.7B 2.4B
Operating Margin % 5.0% 5.3% 5.9% 5.9% 5.3%
Non Operating Income 7.0M 1.9M 3.0M 11.2M 4.1M
Non Operating Expenses 28.5M 25.7M 16.5M 18.2M 6.6M
Investment Income 567.0M 514.0M 359.0M 292.0M 283.0M
Fair Value Change Income 66,200 -18.2M 10.8M -- --
Asset Disposal Income 212,200 -187,000 83,400 1.7M -71,300
Asset Impairment Loss 5.6M 1.1M -388,900 5.1M 17.6M
Other Income 9.1M 12.0M 81.3M 150.0M 97.3M
Income Before Tax 2.6B 2.7B 2.9B 2.7B 2.4B
Income Tax 511.0M 524.0M 596.0M 559.0M 516.0M
+Net Income 2.1B 2.1B 2.3B 2.1B 1.9B
Net Margin % 4.0% 4.2% 4.7% 4.7% 4.2%
Net Income Attributable 2.0B 2.0B 2.1B 2.0B 1.8B
Minority Interest 92.8M 130.0M 188.0M 165.0M 174.0M
Eps Basic 2.65 2.65 2.84 2.60 2.32
Eps Diluted 2.65 2.65 2.84 2.60 2.32
Line ItemFY 2025Dec 31, 2025FY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021
Cash And Equivalents 11.5B 10.9B 10.9B 8.9B 7.3B
Trading Financial Assets -- -- -- -- 11.4M
Accounts Receivable 12.8B 12.3B 9.0B 5.7B 5.7B
Notes Receivable -- 12.2M 28.1M 37.8M 42.5M
Notes And Accounts Receivable 12.8B 12.3B 9.0B 5.8B 5.8B
Prepayments 72.6M 198.0M 141.0M 196.0M 50.3M
Inventory 5.2B 5.0B 4.0B 3.7B 3.5B
Total Current Assets 32.0B 30.4B 28.3B 25.8B 24.6B
Long Term Equity Investment 2.3B 2.0B 1.7B 1.5B 1.2B
Fixed Assets 497.0M 532.0M 552.0M 564.0M 527.0M
Fixed Assets Total 497.0M 532.0M 552.0M 564.0M 527.0M
Construction In Progress -- 567,700 2.5M 36.2M 57.1M
Construction In Progress Total -- 567,700 2.5M 36.2M 57.1M
Intangible Assets 243.0M 277.0M 258.0M 263.0M 259.0M
Long Term Deferred Expenses 39.8M 37.6M 22.1M 18.2M 22.0M
Total Non Current Assets 4.7B 4.6B 4.2B 3.8B 3.4B
Total Assets 36.7B 34.9B 32.5B 29.6B 28.0B
Short Term Borrowings 222.0M 485.0M 268.0M 252.0M 429.0M
Accounts Payable 9.4B 8.6B 8.3B 7.4B 8.3B
Advance Receipts -- -- -- -- --
Contract Liabilities 67.9M 275.0M 61.1M 177.0M 43.7M
Total Current Liabilities 15.4B 14.9B 13.9B 12.7B 12.7B
Long Term Borrowings -- -- -- -- --
Total Non Current Liabilities 975.0M 1.1B 1.0B 1.0B 916.0M
Total Liabilities 16.4B 16.0B 14.9B 13.8B 13.7B
Paid In Capital 755.0M 755.0M 755.0M 755.0M 755.0M
Capital Reserve 2.3B 2.3B 2.3B 2.3B 2.3B
Surplus Reserve 607.0M 607.0M 607.0M 607.0M 607.0M
Retained Earnings 14.8B 13.4B 12.0B 10.5B 9.0B
Minority Equity 1.8B 1.8B 1.8B 1.6B 1.6B
Equity Attributable 18.5B 17.1B 15.8B 14.2B 12.8B
Total Equity 20.3B 19.0B 17.5B 15.9B 14.4B
Line ItemFY 2025Dec 31, 2025FY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021
Cash From Sales 56.5B 54.6B 54.2B 50.7B 49.9B
Tax Refunds Received 666,300 394,900 1.0M 11.4M 742,100
Total Operating Cash Inflow 57.3B 55.3B 54.5B 50.9B 50.4B
Cash Paid For Goods 51.6B 49.5B 48.5B 45.6B 45.3B
Cash Paid To Employees 855.0M 835.0M 848.0M 805.0M 733.0M
Taxes Paid 1.8B 1.5B 1.5B 1.4B 1.3B
Total Operating Cash Outflow 55.3B 53.7B 51.8B 48.5B 48.4B
Operating Cash Flow 2.0B 1.7B 2.7B 2.4B 2.0B
Total Investing Cash Inflow 50.8M 47.1M 15.8M 16.7M 5.9M
Total Investing Cash Outflow 68.2M 2.6B 145.0M 169.0M 129.0M
Investing Cash Flow -17.4M -2.6B -129.0M -152.0M -123.0M
Cash From Borrowings 319.0M 316.0M 203.0M 336.0M 793.0M
Dividends And Interest Paid 653.0M 746.0M 780.0M 691.0M 781.0M
Debt Repayments 923.0M 1.0B 250.0M 510.0M 865.0M
Total Financing Cash Inflow 319.0M 316.0M 480.0M 679.0M 1.1B
Total Financing Cash Outflow 1.7B 1.9B 1.1B 1.3B 1.8B
Financing Cash Flow -1.4B -1.6B -632.0M -640.0M -746.0M
Net Change In Cash 601.0M -2.5B 2.0B 1.6B 1.1B
Ending Cash Balance 8.9B 8.3B 10.8B 8.8B 7.2B
Capex 68.2M 131.0M 145.0M 130.0M 95.1M
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