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山东药玻 — 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 4.5B 4.9B 4.8B 4.2B 3.9B
Revenue Growth % -8.8% 2.8% 13.9% 8.1% --
Total Revenue 4.5B 4.9B 4.8B 4.2B 3.9B
Cost Of Revenue 3.0B 3.3B 3.4B 3.1B 2.7B
+Gross Profit 1.5B 1.6B 1.4B 1.1B 1.1B
Gross Margin % 33.3% 33.1% 29.3% 26.8% 29.6%
Total Operating Cost 3.7B 3.9B 3.9B 3.5B 3.2B
Selling Expenses 108.0M 130.0M 148.0M 111.0M 91.8M
Admin Expenses 232.0M 216.0M 188.0M 144.0M 173.0M
Rd Expenses 175.0M 152.0M 138.0M 139.0M 136.0M
Finance Expenses -16.3M -38.1M -35.7M -44.0M -1.3M
+Operating Income 838.0M 1.1B 916.0M 711.0M 698.0M
Operating Margin % 18.7% 22.7% 19.2% 17.0% 18.0%
Non Operating Income 2.3M 3.4M 2.5M 9.4M 17.5M
Non Operating Expenses 9.5M 5.4M 8.0M 12.5M 27.1M
Investment Income 17.5M 11.6M 18.4M 1.7M 3.6M
Fair Value Change Income 9.1M 24.5M 22.8M 3.7M 9.3M
Asset Disposal Income 1.5M 329,500 -5.7M 4.5M 594,200
Asset Impairment Loss 157.0M 61.2M 42.3M 40.2M 38.1M
Other Income 22.5M 26.5M 22.5M 12.3M 17.8M
Income Before Tax 831.0M 1.1B 911.0M 708.0M 689.0M
Income Tax 141.0M 168.0M 135.0M 89.8M 97.6M
+Net Income 690.0M 943.0M 776.0M 618.0M 591.0M
Net Margin % 15.4% 19.2% 16.3% 14.8% 15.3%
Net Income Attributable 690.0M 943.0M 776.0M 618.0M 591.0M
Minority Interest -- -- -- -- --
Eps Basic 1.04 1.42 1.17 1.03 0.99
Eps Diluted 1.04 1.42 1.17 1.03 0.99
Line ItemFY 2025Dec 31, 2025FY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021
Cash And Equivalents 1.1B 1.1B 1.5B 1.4B 885.0M
Trading Financial Assets 1.7B 1.7B 1.2B 1.1B 307.0M
Accounts Receivable 897.0M 955.0M 970.0M 872.0M 764.0M
Notes Receivable 572.0M 730.0M 676.0M 606.0M 252.0M
Notes And Accounts Receivable 1.5B 1.7B 1.6B 1.5B 1.0B
Prepayments 82.8M 159.0M 68.8M 76.8M 62.0M
Inventory 1.7B 1.3B 1.1B 1.2B 878.0M
Total Current Assets 6.0B 6.0B 5.5B 5.3B 3.3B
Long Term Equity Investment -- -- -- -- --
Fixed Assets 3.6B 3.6B 3.0B 2.3B 2.2B
Fixed Assets Total 3.6B 3.6B 3.0B 2.3B 2.2B
Construction In Progress 60.8M 212.0M 462.0M 474.0M 329.0M
Construction In Progress Total 71.0M 215.0M 470.0M 475.0M 343.0M
Intangible Assets 242.0M 247.0M 254.0M 260.0M 198.0M
Long Term Deferred Expenses -- -- -- -- --
Total Non Current Assets 4.0B 4.2B 3.8B 3.5B 3.1B
Total Assets 10.0B 10.1B 9.3B 8.8B 6.4B
Short Term Borrowings -- -- 1.8M 5.2M --
Accounts Payable 706.0M 904.0M 766.0M 696.0M 722.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 56.6M 60.0M 61.8M 51.0M 74.6M
Total Current Liabilities 1.6B 2.0B 1.7B 1.8B 1.7B
Long Term Borrowings -- -- -- -- --
Total Non Current Liabilities 148.0M 132.0M 57.6M 58.9M 60.0M
Total Liabilities 1.7B 2.1B 1.8B 1.8B 1.7B
Paid In Capital 664.0M 664.0M 664.0M 664.0M 595.0M
Capital Reserve 2.7B 2.7B 2.7B 2.7B 913.0M
Surplus Reserve 679.0M 615.0M 534.0M 469.0M 417.0M
Retained Earnings 4.2B 4.0B 3.6B 3.1B 2.7B
Minority Equity -- -- -- -- --
Equity Attributable 8.3B 8.0B 7.5B 7.0B 4.7B
Total Equity 8.3B 8.0B 7.5B 7.0B 4.7B
Line ItemFY 2025Dec 31, 2025FY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021
Cash From Sales 4.5B 5.1B 4.7B 3.7B 3.2B
Tax Refunds Received 29.8M 43.7M 50.3M 55.4M 43.7M
Total Operating Cash Inflow 4.6B 5.2B 4.8B 3.8B 3.3B
Cash Paid For Goods 2.6B 2.8B 2.6B 2.5B 1.6B
Cash Paid To Employees 833.0M 773.0M 648.0M 629.0M 539.0M
Taxes Paid 316.0M 318.0M 303.0M 193.0M 210.0M
Total Operating Cash Outflow 4.0B 4.1B 3.8B 3.5B 2.6B
Operating Cash Flow 577.0M 1.2B 1.0B 252.0M 750.0M
Total Investing Cash Inflow 8.0B 6.5B 5.4B 706.0M 1.1B
Total Investing Cash Outflow 8.2B 7.6B 6.2B 2.2B 1.9B
Investing Cash Flow -149.0M -1.1B -745.0M -1.5B -867.0M
Cash From Borrowings -- -- -- -- --
Dividends And Interest Paid 370.0M 465.0M 199.0M 178.0M 178.0M
Debt Repayments -- -- -- -- --
Total Financing Cash Inflow -- -- 12.5M 1.8B --
Total Financing Cash Outflow 377.0M 465.0M 199.0M 179.0M 178.0M
Financing Cash Flow -377.0M -465.0M -187.0M 1.7B -178.0M
Net Change In Cash 57.4M -402.0M 126.0M 452.0M -302.0M
Ending Cash Balance 943.0M 885.0M 1.3B 1.2B 708.0M
Capex 232.0M 648.0M 672.0M 711.0M 809.0M
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