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潞化科技 — Financial Statements
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
+Revenue 10.9B 13.6B 17.0B 18.7B 17.9B
Revenue Growth % -20.0% -20.0% -9.1% 4.4% --
Total Revenue 10.9B 13.6B 17.0B 18.7B 17.9B
Cost Of Revenue 10.4B 12.9B 15.6B 16.5B 16.2B
+Gross Profit 528.0M 720.0M 1.4B 2.3B 1.8B
Gross Margin % 4.8% 5.3% 8.4% 12.1% 10.0%
Total Operating Cost 11.8B 15.1B 17.1B 18.1B 18.7B
Selling Expenses 84.1M 125.0M 102.0M 74.9M 98.7M
Admin Expenses 519.0M 565.0M 564.0M 661.0M 788.0M
Rd Expenses 230.0M 246.0M 219.0M 227.0M 184.0M
Finance Expenses 286.0M 326.0M 384.0M 550.0M 995.0M
+Operating Income -762.0M -1.5B 32.7M 706.0M 103.0M
Operating Margin % -7.0% -10.7% 0.2% 3.8% 0.6%
Non Operating Income 7.6M 8.3M 3.8M 4.5M 34.1M
Non Operating Expenses 38.1M 824.0M 10.0M 53.8M 10.0M
Investment Income 10.9M 17.7M -22.2M -14.3M 711.0M
Asset Disposal Income 505,200 -- 6.4M 167,000 20.0M
Asset Impairment Loss 118.0M 751.0M 14.0M 29.8M 89.5M
Other Income 85.7M 58.2M 96.8M 81.5M 73.9M
Income Before Tax -793.0M -2.3B 26.5M 657.0M 127.0M
Income Tax -32.9M 9.2M 12.7M 148.0M 103.0M
+Net Income -760.0M -2.3B 13.8M 509.0M 23.7M
Net Margin % -7.0% -16.7% 0.1% 2.7% 0.1%
Net Income Attributable -681.0M -1.4B 70.1M 432.0M 129.0M
Minority Interest -79.2M -911.0M -56.3M 77.0M -105.0M
Eps Basic -0.29 -0.57 0.03 0.18 0.05
Eps Diluted -0.29 -0.57 0.03 0.18 0.05
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 5.4B 7.2B 7.6B 5.9B 4.9B
Trading Financial Assets -- -- -- -- --
Accounts Receivable 959.0M 862.0M 986.0M 1.3B 1.4B
Notes Receivable 476.0M 589.0M 875.0M 1.6B 1.8B
Notes And Accounts Receivable 1.4B 1.4B 1.9B 2.9B 3.2B
Prepayments 652.0M 597.0M 802.0M 717.0M 770.0M
Inventory 1.8B 2.2B 2.3B 1.8B 1.0B
Total Current Assets 9.9B 12.0B 13.1B 12.2B 11.4B
Long Term Equity Investment 472.0M 502.0M 484.0M 15.5M 15.1M
Fixed Assets -- 8.3B 9.4B 10.1B 10.7B
Fixed Assets Total 7.7B 8.3B 9.4B 10.1B 10.7B
Construction In Progress -- 332.0M 626.0M 941.0M 1.0B
Construction In Progress Total 358.0M 332.0M 626.0M 941.0M 1.0B
Intangible Assets 873.0M 912.0M 817.0M 867.0M 770.0M
Long Term Deferred Expenses 44.3M 61.2M 52.7M 67.6M 97.6M
Total Non Current Assets 10.0B 10.5B 11.6B 12.3B 12.8B
Total Assets 19.8B 22.5B 24.7B 24.4B 24.2B
Short Term Borrowings 7.5B 9.8B 10.8B 8.7B 8.5B
Accounts Payable 1.1B 1.2B 1.1B 1.2B 963.0M
Advance Receipts 4.6M -- -- -- --
Contract Liabilities 1.2B 1.3B 1.5B 1.2B 763.0M
Total Current Liabilities 13.0B 16.1B 16.7B 16.1B 16.8B
Long Term Borrowings 1.4B 500.0M 647.0M 518.0M 525.0M
Total Non Current Liabilities 3.1B 1.9B 1.3B 1.5B 1.1B
Total Liabilities 16.1B 18.0B 18.0B 17.6B 17.9B
Paid In Capital 2.4B 2.4B 2.4B 2.4B 2.4B
Capital Reserve 4.4B 4.4B 4.4B 4.4B 4.4B
Surplus Reserve 39.6M 39.6M 39.6M 39.6M 39.6M
Retained Earnings -2.8B -2.1B -782.0M -825.0M -1.3B
Minority Equity -232.0M -153.0M 759.0M 863.0M 817.0M
Equity Attributable 4.0B 4.6B 6.0B 6.0B 5.5B
Total Equity 3.7B 4.5B 6.8B 6.8B 6.3B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 7.6B 12.8B 17.4B 16.4B 16.4B
Tax Refunds Received -- -- 46.5M -- 3.7M
Total Operating Cash Inflow 11.1B 13.2B 17.7B 16.5B 16.8B
Cash Paid For Goods 6.3B 10.1B 14.0B 13.3B 11.7B
Cash Paid To Employees 1.3B 1.1B 971.0M 934.0M 1.2B
Taxes Paid 204.0M 208.0M 443.0M 600.0M 468.0M
Total Operating Cash Outflow 11.2B 11.8B 15.9B 15.4B 14.0B
Operating Cash Flow -111.0M 1.5B 1.7B 1.1B 2.8B
Total Investing Cash Inflow 42.4M -- -- 813.0M 565.0M
Total Investing Cash Outflow 385.0M 381.0M 289.0M 468.0M 902.0M
Investing Cash Flow -343.0M -381.0M -289.0M 345.0M -336.0M
Cash From Borrowings 9.1B 10.5B 12.7B 10.0B 19.7B
Dividends And Interest Paid 284.0M 346.0M 477.0M 570.0M 1.2B
Debt Repayments 10.5B 11.4B 11.5B 9.8B 22.2B
Total Financing Cash Inflow 11.4B 11.0B 12.8B 11.0B 22.8B
Total Financing Cash Outflow 11.1B 12.2B 14.2B 11.4B 24.7B
Financing Cash Flow 350.0M -1.2B -1.4B -424.0M -1.9B
Net Change In Cash -104.0M -114.0M 1.9M 993.0M 567.0M
Ending Cash Balance 2.5B 2.6B 2.7B 2.7B 1.7B
Capex 385.0M 381.0M 289.0M 468.0M 886.0M
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