联环药业 - Financials

联环药业 — 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	2.2B	2.2B	2.0B	1.6B	1.4B	1.3B	1.0B	689.0M	605.0M	642.0M	669.0M	623.0M	572.0M	324.0M	289.0M	260.0M	225.0M	195.0M	170.0M	173.0M
Revenue Growth %	-0.6%	11.2%	18.8%	18.8%	7.4%	26.6%	47.9%	13.9%	-5.8%	-4.0%	7.4%	8.9%	76.5%	12.1%	11.2%	15.6%	15.4%	14.7%	-1.7%	--
Total Revenue	2.2B	2.2B	2.0B	1.6B	1.4B	1.3B	1.0B	689.0M	605.0M	642.0M	669.0M	623.0M	572.0M	324.0M	289.0M	260.0M	225.0M	195.0M	170.0M	173.0M
Cost Of Revenue	1.1B	1.1B	912.0M	747.0M	640.0M	514.0M	320.0M	214.0M	251.0M	277.0M	321.0M	334.0M	325.0M	163.0M	149.0M	133.0M	118.0M	103.0M	89.6M	98.3M
+Gross Profit	1.1B	1.0B	1.0B	899.0M	746.0M	776.0M	699.0M	475.0M	354.0M	365.0M	348.0M	289.0M	247.0M	161.0M	140.0M	127.0M	107.0M	92.0M	80.4M	74.7M
Gross Margin %	49.4%	48.1%	53.4%	54.6%	53.8%	60.2%	68.6%	68.9%	58.5%	56.9%	52.0%	46.4%	43.2%	49.7%	48.4%	48.8%	47.6%	47.2%	47.3%	43.2%
Total Operating Cost	2.1B	2.0B	1.8B	1.5B	1.2B	1.2B	932.0M	606.0M	529.0M	590.0M	621.0M	582.0M	532.0M	296.0M	266.0M	241.0M	213.0M	186.0M	155.0M	162.0M
Selling Expenses	614.0M	592.0M	604.0M	532.0M	432.0M	514.0M	483.0M	301.0M	207.0M	237.0M	231.0M	182.0M	159.0M	102.0M	85.5M	79.1M	65.0M	64.9M	48.9M	49.1M
Admin Expenses	145.0M	120.0M	117.0M	111.0M	103.0M	95.1M	74.4M	54.3M	67.1M	61.3M	51.7M	49.8M	35.0M	23.2M	24.8M	22.7M	23.6M	12.8M	16.5M	14.9M
Rd Expenses	155.0M	132.0M	92.4M	66.5M	44.0M	47.0M	38.1M	20.5M	--	--	--	--	--	--	--	--	--	--	--	--
Finance Expenses	23.5M	25.5M	20.5M	18.2M	16.6M	6.1M	-4.1M	-1.5M	-5.6M	4.9M	7.4M	5.1M	6.4M	1.9M	1.4M	382,200	832,500	-1.3M	-1.6M	-1.6M
+Operating Income	131.0M	175.0M	187.0M	156.0M	143.0M	102.0M	88.6M	90.4M	76.6M	58.9M	53.7M	46.6M	41.9M	29.4M	23.9M	19.3M	12.1M	8.1M	13.8M	12.0M
Operating Margin %	6.1%	8.0%	9.6%	9.5%	10.3%	7.9%	8.7%	13.1%	12.7%	9.2%	8.0%	7.5%	7.3%	9.1%	8.3%	7.4%	5.4%	4.1%	8.1%	7.0%
Non Operating Income	27,500	1.8M	3.2M	5.3M	338,900	278,600	--	--	1.5M	2.2M	449,600	157,000	920,800	197,100	1.2M	754,800	6.1M	10.6M	--	--
Non Operating Expenses	618,700	1.5M	1.2M	2.0M	1.6M	584,400	779,200	502,900	931,100	509,100	1.2M	1.0M	1.5M	335,400	690,000	639,500	861,800	737,800	1.3M	611,000
Investment Income	-10.6M	-421,800	-2.9M	-1.5M	-774,800	-614,800	-98,100	6.8M	956,300	6.9M	5.7M	5.2M	2.1M	976,000	501,500	181,000	170,400	-1.3M	-554,300	-264,700
Fair Value Change Income	--	--	--	22,400	-6,800	3,300	-9,600	-800.00	-2,200	-74,400	126,000	-39,000	600.00	-36,500	-90,500	131,400	-215,400	71,400	--	--
Asset Disposal Income	35.0M	8.9M	-7,800	--	4,800	30,300	101,100	-33,300	-22,900	--	--	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	5.2M	2.6M	504,000	2.2M	1.5M	1.5M	6.6M	6.7M	1.2M	2.2M	2.0M	4.0M	556,800	2.4M	2.9M	2.6M	3.7M	4.0M	-78,200	--
Other Income	9.7M	14.6M	8.3M	5.6M	7.7M	1.0M	1.1M	704,100	--	--	--	--	--	--	--	--	--	--	--	--
Income Before Tax	130.0M	175.0M	189.0M	160.0M	142.0M	101.0M	87.8M	89.9M	77.2M	60.6M	53.0M	45.8M	41.3M	29.3M	24.4M	19.4M	17.3M	18.0M	12.5M	11.4M
Income Tax	24.0M	23.7M	22.6M	19.7M	21.8M	18.2M	13.7M	19.4M	14.7M	10.6M	9.1M	7.4M	7.3M	4.7M	4.2M	3.2M	4.3M	8.1M	4.9M	4.1M
+Net Income	106.0M	151.0M	166.0M	140.0M	120.0M	83.2M	74.2M	70.6M	62.5M	50.0M	43.9M	38.3M	34.0M	24.5M	20.2M	16.2M	13.0M	9.9M	7.6M	7.4M
Net Margin %	4.9%	6.9%	8.5%	8.5%	8.7%	6.5%	7.3%	10.2%	10.3%	7.8%	6.6%	6.2%	5.9%	7.6%	7.0%	6.2%	5.8%	5.1%	4.5%	4.3%
Net Income Attributable	84.2M	135.0M	141.0M	119.0M	103.0M	79.7M	73.6M	70.5M	62.7M	50.1M	44.0M	38.3M	34.0M	24.5M	20.3M	17.2M	13.1M	10.1M	7.8M	7.6M
Minority Interest	22.3M	16.3M	25.1M	21.1M	17.2M	3.5M	613,000	9,200	-164,500	-109,100	-102,500	-8,600	2,500	5,900	-95,700	-991,600	-182,800	-243,600	-196,100	-212,400
Eps Basic	0.29	0.47	0.49	0.41	0.36	0.28	0.26	0.25	0.22	0.23	0.28	0.24	0.22	0.21	0.17	0.19	0.15	0.11	0.13	0.13
Eps Diluted	0.29	0.47	0.49	0.41	0.36	--	--	--	--	--	--	--	--	0.21	0.17	0.19	--	0.11	0.13	--

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	228.0M	281.0M	331.0M	331.0M	242.0M	288.0M	298.0M	415.0M	431.0M	407.0M	105.0M	115.0M	104.0M	70.7M	74.9M	82.3M	83.7M	104.0M	96.8M	106.0M
Trading Financial Assets	--	--	--	--	38,400	45,200	41,900	51,500	52,300	54,500	305,800	179,800	218,800	218,300	234,800	510,800	208,800	206,900	94,400	--
Accounts Receivable	538.0M	489.0M	489.0M	386.0M	381.0M	326.0M	241.0M	199.0M	162.0M	168.0M	151.0M	136.0M	110.0M	91.9M	81.7M	74.0M	75.6M	69.1M	60.8M	58.1M
Notes Receivable	1.6M	--	--	--	--	--	57.9M	72.9M	58.1M	52.3M	42.9M	42.7M	60.6M	29.4M	25.3M	22.4M	10.1M	6.8M	4.8M	3.6M
Notes And Accounts Receivable	539.0M	489.0M	489.0M	386.0M	381.0M	326.0M	299.0M	272.0M	220.0M	221.0M	194.0M	179.0M	171.0M	121.0M	107.0M	96.4M	85.7M	75.8M	65.6M	61.6M
Prepayments	138.0M	140.0M	168.0M	134.0M	103.0M	32.4M	57.2M	20.4M	14.5M	11.7M	21.5M	27.3M	33.3M	12.8M	15.8M	13.4M	10.6M	17.6M	17.7M	15.5M
Inventory	439.0M	315.0M	279.0M	203.0M	195.0M	237.0M	157.0M	103.0M	65.0M	51.4M	60.2M	75.9M	85.3M	51.0M	49.4M	45.6M	40.8M	45.9M	39.0M	27.4M
Total Current Assets	1.5B	1.4B	1.4B	1.2B	1.1B	1.0B	880.0M	850.0M	794.0M	720.0M	414.0M	432.0M	421.0M	279.0M	271.0M	254.0M	234.0M	255.0M	233.0M	227.0M
Long Term Equity Investment	2.6M	11.6M	2.9M	4.6M	4.7M	5.0M	5.6M	6.4M	5.8M	42.4M	36.4M	30.7M	25.9M	23.8M	22.8M	22.6M	22.2M	19.6M	27.1M	27.7M
Fixed Assets	--	921.0M	938.0M	665.0M	347.0M	165.0M	149.0M	160.0M	178.0M	184.0M	181.0M	157.0M	115.0M	93.9M	94.7M	92.4M	87.4M	76.2M	48.2M	34.5M
Fixed Assets Total	1.1B	1.1B	1.1B	789.0M	450.0M	165.0M	149.0M	160.0M	178.0M	184.0M	181.0M	157.0M	115.0M	93.9M	94.7M	92.4M	87.4M	76.2M	48.2M	34.5M
Construction In Progress	--	220.0M	68.3M	185.0M	367.0M	526.0M	287.0M	70.9M	18.3M	2.1M	2.8M	18.8M	32.5M	11.1M	256,300	--	--	--	22.0M	10.4M
Construction In Progress Total	100.0M	226.0M	68.3M	185.0M	367.0M	526.0M	287.0M	70.9M	18.3M	2.1M	2.8M	18.8M	32.5M	11.1M	256,300	--	--	--	22.0M	10.4M
Intangible Assets	101.0M	101.0M	88.2M	77.0M	69.5M	72.6M	38.6M	40.2M	42.7M	9.1M	5.2M	6.4M	6.3M	7.5M	9.9M	12.1M	14.3M	4.1M	5.1M	6.1M
Long Term Deferred Expenses	3.0M	3.7M	3.5M	4.0M	2.6M	2.5M	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Non Current Assets	1.5B	1.5B	1.3B	1.2B	986.0M	849.0M	540.0M	315.0M	272.0M	281.0M	245.0M	217.0M	183.0M	139.0M	131.0M	130.0M	126.0M	103.0M	106.0M	78.7M
Total Assets	3.0B	2.9B	2.7B	2.4B	2.0B	1.9B	1.4B	1.2B	1.1B	1.0B	659.0M	649.0M	604.0M	419.0M	401.0M	383.0M	360.0M	358.0M	339.0M	305.0M
Short Term Borrowings	698.0M	592.0M	538.0M	454.0M	287.0M	279.0M	106.0M	86.5M	95.5M	95.5M	108.0M	142.0M	100.0M	39.0M	38.0M	37.0M	34.2M	2.5M	3.0M	14.0M
Accounts Payable	294.0M	181.0M	152.0M	165.0M	172.0M	139.0M	105.0M	41.5M	51.3M	71.4M	72.5M	63.8M	49.1M	32.6M	29.8M	29.3M	28.1M	24.6M	18.5M	18.9M
Advance Receipts	--	139.0M	125.0M	125.0M	117.0M	129.0M	108.0M	13.2M	9.5M	11.4M	8.5M	11.2M	7.1M	2.4M	2.9M	4.2M	3.9M	3.6M	2.5M	3.2M
Contract Liabilities	38.3M	27.1M	29.1M	21.8M	22.7M	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	1.3B	1.2B	1.2B	1.0B	823.0M	759.0M	473.0M	266.0M	219.0M	226.0M	225.0M	247.0M	226.0M	90.9M	92.1M	89.5M	78.0M	54.7M	43.6M	48.1M
Long Term Borrowings	80.0M	79.0M	49.6M	49.9M	44.0M	47.0M	--	--	--	--	--	--	--	--	--	--	--	33.0M	33.0M	--
Total Non Current Liabilities	102.0M	91.9M	57.4M	56.5M	44.0M	47.0M	30,000	20.0M	20.0M	--	--	300.00	--	--	--	--	--	33.0M	33.0M	1.3M
Total Liabilities	1.4B	1.3B	1.3B	1.1B	867.0M	806.0M	473.0M	286.0M	239.0M	226.0M	225.0M	247.0M	226.0M	90.9M	92.1M	89.5M	78.0M	87.7M	76.6M	49.4M
Paid In Capital	285.0M	285.0M	287.0M	288.0M	288.0M	288.0M	285.0M	285.0M	220.0M	169.0M	157.0M	157.0M	152.0M	117.0M	117.0M	90.0M	90.0M	60.0M	60.0M	60.0M
Capital Reserve	260.0M	260.0M	269.0M	269.0M	270.0M	267.0M	257.0M	257.0M	323.0M	374.0M	82.8M	82.8M	92.4M	82.3M	82.3M	110.0M	110.0M	140.0M	140.0M	141.0M
Surplus Reserve	105.0M	96.7M	83.7M	72.4M	62.4M	53.5M	47.5M	42.2M	37.0M	32.8M	28.8M	25.2M	22.1M	19.2M	16.8M	14.8M	13.0M	11.6M	10.6M	9.1M
Retained Earnings	745.0M	712.0M	633.0M	539.0M	461.0M	392.0M	340.0M	293.0M	247.0M	198.0M	166.0M	137.0M	111.0M	109.0M	92.4M	78.6M	67.7M	55.9M	50.4M	43.5M
Minority Equity	182.0M	163.0M	147.0M	123.0M	110.0M	94.8M	16.4M	133,400	547,800	725,000	327,800	430,300	438,900	436,400	430,500	472,700	1.5M	2.9M	1.8M	2.0M
Equity Attributable	1.4B	1.4B	1.3B	1.2B	1.1B	989.0M	930.0M	878.0M	827.0M	774.0M	434.0M	402.0M	377.0M	327.0M	309.0M	293.0M	280.0M	267.0M	261.0M	254.0M
Total Equity	1.6B	1.5B	1.4B	1.3B	1.2B	1.1B	947.0M	878.0M	827.0M	775.0M	434.0M	402.0M	378.0M	328.0M	309.0M	294.0M	282.0M	270.0M	262.0M	256.0M

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	2.3B	2.3B	2.1B	1.8B	1.4B	1.2B	989.0M	656.0M	579.0M	604.0M	593.0M	551.0M	564.0M	322.0M	258.0M	234.0M	205.0M	193.0M	194.0M	199.0M
Tax Refunds Received	145,400	24,000	1.4M	420,100	--	--	336,200	--	--	--	--	34,500	413,000	--	--	--	--	94,200	--	--
Total Operating Cash Inflow	2.3B	2.4B	2.1B	1.8B	1.5B	1.2B	1.0B	680.0M	621.0M	616.0M	601.0M	646.0M	643.0M	328.0M	261.0M	252.0M	301.0M	236.0M	208.0M	202.0M
Cash Paid For Goods	1.2B	1.2B	991.0M	804.0M	611.0M	464.0M	306.0M	181.0M	162.0M	156.0M	138.0M	176.0M	276.0M	134.0M	94.2M	87.8M	83.1M	88.7M	104.0M	113.0M
Cash Paid To Employees	179.0M	170.0M	146.0M	143.0M	112.0M	100.0M	89.3M	74.2M	71.7M	64.8M	59.0M	56.5M	44.6M	18.7M	26.8M	16.8M	14.1M	14.7M	11.4M	9.5M
Taxes Paid	191.0M	171.0M	155.0M	125.0M	110.0M	85.7M	134.0M	97.5M	84.7M	86.2M	80.3M	66.6M	52.0M	41.2M	33.6M	27.5M	31.0M	25.4M	22.1M	17.0M
Total Operating Cash Outflow	2.3B	2.2B	2.0B	1.7B	1.4B	1.2B	1.1B	676.0M	551.0M	554.0M	531.0M	609.0M	552.0M	304.0M	252.0M	238.0M	283.0M	228.0M	198.0M	198.0M
Operating Cash Flow	10.8M	161.0M	128.0M	138.0M	91.9M	-9.9M	-92.0M	3.6M	70.3M	62.1M	69.5M	37.2M	91.1M	24.0M	8.4M	14.1M	17.4M	8.0M	10.1M	3.8M
Total Investing Cash Inflow	22.0M	28.5M	--	2.1M	44.9M	12.4M	79.1M	43.8M	2.0M	1.1M	-44,700	275,800	92,400	--	1.6M	211,800	67,100	22.9M	5.6M	400,000
Total Investing Cash Outflow	207.0M	213.0M	221.0M	179.0M	174.0M	193.0M	128.0M	48.6M	46.2M	32.6M	24.8M	30.9M	26.3M	19.0M	11.8M	13.6M	32.9M	18.4M	40.8M	23.6M
Investing Cash Flow	-185.0M	-185.0M	-221.0M	-177.0M	-129.0M	-181.0M	-49.3M	-4.8M	-44.2M	-31.6M	-24.9M	-30.6M	-26.2M	-19.0M	-10.2M	-13.4M	-32.8M	4.5M	-35.2M	-23.2M
Cash From Borrowings	848.0M	698.0M	792.0M	557.0M	346.0M	360.0M	108.0M	90.5M	95.5M	133.0M	199.0M	137.0M	142.0M	65.0M	53.0M	75.0M	64.2M	10.5M	38.0M	27.0M
Dividends And Interest Paid	54.3M	54.7M	57.2M	39.8M	42.5M	31.3M	27.8M	23.0M	14.8M	20.2M	21.1M	15.9M	13.8M	8.8M	6.6M	6.7M	2.3M	6.1M	4.6M	3.7M
Debt Repayments	673.0M	630.0M	663.0M	375.0M	339.0M	147.0M	88.5M	99.5M	95.5M	147.0M	232.0M	95.0M	179.0M	64.0M	52.0M	72.2M	65.5M	11.0M	16.0M	31.0M
Total Financing Cash Inflow	853.0M	720.0M	811.0M	617.0M	396.0M	371.0M	126.0M	90.6M	95.5M	437.0M	199.0M	137.0M	142.0M	65.0M	53.0M	87.0M	72.2M	11.8M	38.0M	28.6M
Total Financing Cash Outflow	743.0M	755.0M	734.0M	475.0M	382.0M	178.0M	125.0M	123.0M	110.0M	167.0M	253.0M	116.0M	193.0M	72.8M	58.6M	78.9M	69.1M	17.1M	42.3M	35.1M
Financing Cash Flow	110.0M	-35.1M	76.9M	142.0M	13.5M	193.0M	789,300	-32.7M	-14.8M	270.0M	-54.6M	21.1M	-50.8M	-7.8M	-5.6M	8.1M	3.1M	-5.4M	-4.3M	-6.5M
Net Change In Cash	-63.5M	-58.9M	-13.9M	102.0M	-25.4M	2.5M	-140.0M	-34.3M	11.8M	301.0M	-9.8M	27.5M	14.2M	-2.8M	-7.4M	8.7M	-12.3M	7.1M	-29.5M	-26.0M
Ending Cash Balance	187.0M	250.0M	309.0M	323.0M	221.0M	247.0M	244.0M	384.0M	419.0M	407.0M	105.0M	115.0M	87.7M	70.1M	72.9M	80.3M	71.7M	83.9M	76.8M	--
Capex	185.0M	201.0M	209.0M	169.0M	174.0M	169.0M	128.0M	48.6M	46.2M	27.4M	23.4M	30.8M	26.3M	19.0M	10.3M	13.3M	30.2M	14.1M	35.2M	12.6M