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北大荒 — 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 5.2B 5.3B 5.0B 4.3B 3.6B
Revenue Growth % -2.1% 5.8% 18.3% 17.4% --
Total Revenue 5.2B 5.3B 5.0B 4.3B 3.6B
Cost Of Revenue 3.4B 3.5B 3.3B 2.6B 2.1B
+Gross Profit 1.8B 1.8B 1.8B 1.7B 1.6B
Gross Margin % 34.6% 34.6% 35.4% 39.6% 42.8%
Total Operating Cost 4.1B 4.2B 3.9B 3.3B 2.6B
Selling Expenses 63.8M 54.9M 36.9M 24.1M 16.7M
Admin Expenses 464.0M 615.0M 582.0M 598.0M 382.0M
Rd Expenses 94.7M 94.9M 89.6M 72.9M 55.1M
Finance Expenses -12.8M -129.0M -168.0M -106.0M -89.8M
+Operating Income 1.2B 1.1B 1.1B 946.0M 1.0B
Operating Margin % 22.7% 21.1% 22.3% 22.2% 28.5%
Non Operating Income 1.9M 2.8M 8.2M 32.7M 68.5M
Non Operating Expenses 15.9M 26.8M 21.4M 21.2M 371.0M
Investment Income -31.0M -17.8M -3.9M 12.2M 7.1M
Fair Value Change Income 98.5M 10.5M -- -- --
Asset Disposal Income 367,700 -240,200 340,700 1.3M 73,600
Asset Impairment Loss 81.5M 73.9M 111.0M 183.0M 126.0M
Other Income 12.4M 10.7M 9.6M 9.4M 5.5M
Income Before Tax 1.2B 1.1B 1.1B 958.0M 732.0M
Income Tax 4.1M 16.4M 26.3M 11.7M 32.7M
+Net Income 1.2B 1.1B 1.1B 946.0M 699.0M
Net Margin % 22.3% 20.3% 21.5% 22.2% 19.3%
Net Income Attributable 1.2B 1.1B 1.1B 975.0M 770.0M
Minority Interest 737,800 -750,800 20.6M -29.0M -71.1M
Eps Basic 0.66 0.61 0.60 0.55 0.43
Eps Diluted 0.66 0.61 0.60 0.55 0.43
Line ItemFY 2025Dec 31, 2025FY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021
Cash And Equivalents 200.0M 1.6B 2.4B 3.1B 1.7B
Trading Financial Assets 3.7B 2.1B 1.0B 151.0M 1.3B
Accounts Receivable -- 50.1M 10.9M -- --
Notes Receivable -- -- -- -- --
Notes And Accounts Receivable -- 50.1M 10.9M -- --
Prepayments 2.7M 2.2M 2.3M 1.8M 6.1M
Inventory 333.0M 160.0M 245.0M 185.0M 180.0M
Total Current Assets 4.3B 4.0B 3.7B 3.5B 3.2B
Long Term Equity Investment 333.0M 362.0M 434.0M 470.0M 561.0M
Fixed Assets -- -- 3.6B 3.3B 3.3B
Fixed Assets Total 3.6B 3.8B 3.6B 3.3B 3.3B
Construction In Progress -- -- 20.3M 30.5M 12.3M
Construction In Progress Total 13,500 63.5M 20.3M 30.5M 12.3M
Intangible Assets 412.0M 419.0M 414.0M 405.0M 414.0M
Long Term Deferred Expenses 22.9M 27.8M 32.4M 41.1M 42.9M
Total Non Current Assets 4.7B 5.0B 5.0B 4.8B 4.8B
Total Assets 9.0B 9.0B 8.7B 8.2B 8.0B
Short Term Borrowings -- 48.1M -- -- --
Accounts Payable 65.4M 105.0M 96.9M 135.0M 125.0M
Advance Receipts 4.2M 5.1M 3.0M 3.9M 3.4M
Contract Liabilities 9.2M 2.1M 4.0M 13.4M 297.0M
Total Current Liabilities 1.0B 1.2B 1.2B 1.1B 1.2B
Long Term Borrowings 3.0M 3.0M 3.0M 3.0M 3.0M
Total Non Current Liabilities 148.0M 199.0M 164.0M 160.0M 92.9M
Total Liabilities 1.2B 1.4B 1.4B 1.3B 1.3B
Paid In Capital 1.8B 1.8B 1.8B 1.8B 1.8B
Capital Reserve 2.4B 2.4B 2.4B 2.4B 2.4B
Surplus Reserve 2.5B 2.4B 2.2B 2.1B 1.9B
Retained Earnings 1.2B 1.2B 1.1B 925.0M 810.0M
Minority Equity -203.0M -204.0M -203.0M -237.0M -208.0M
Equity Attributable 8.0B 7.8B 7.5B 7.2B 6.9B
Total Equity 7.8B 7.6B 7.3B 7.0B 6.7B
Line ItemFY 2025Dec 31, 2025FY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021
Cash From Sales 5.4B 5.6B 5.2B 4.2B 3.4B
Tax Refunds Received -- 457,400 -- 16.5M --
Total Operating Cash Inflow 5.9B 6.0B 5.8B 4.4B 3.8B
Cash Paid For Goods 2.7B 2.4B 2.4B 1.8B 1.2B
Cash Paid To Employees 1.4B 1.6B 1.2B 1.0B 876.0M
Taxes Paid 51.5M 40.3M 35.5M 55.8M 36.9M
Total Operating Cash Outflow 4.7B 4.5B 4.3B 3.1B 2.6B
Operating Cash Flow 1.2B 1.5B 1.5B 1.3B 1.2B
Total Investing Cash Inflow 20.3B 5.2B 658.0M 3.9B 8.3B
Total Investing Cash Outflow 21.9B 6.7B 2.1B 3.1B 8.7B
Investing Cash Flow -1.6B -1.5B -1.4B 834.0M -477.0M
Cash From Borrowings -- 48.1M -- -- --
Dividends And Interest Paid 976.0M 781.0M 747.0M 711.0M 711.0M
Debt Repayments 48.1M -- -- -- --
Total Financing Cash Inflow 2.4M 50.0M 895,100 3.4M --
Total Financing Cash Outflow 1.0B 817.0M 781.0M 725.0M 712.0M
Financing Cash Flow -1.0B -767.0M -780.0M -722.0M -712.0M
Net Change In Cash -1.4B -782.0M -687.0M 1.4B 36.3M
Ending Cash Balance 197.0M 1.6B 2.4B 3.1B 1.7B
Capex 172.0M 445.0M 579.0M 349.0M 259.0M
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