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光明地产 — 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 5.6B 8.6B 16.5B 25.9B 15.0B
Revenue Growth % -35.5% -48.0% -36.1% 72.7% --
Total Revenue 5.6B 8.6B 16.5B 25.9B 15.0B
Cost Of Revenue 5.1B 7.1B 13.5B 21.4B 12.1B
+Gross Profit 426.0M 1.5B 3.0B 4.5B 2.9B
Gross Margin % 7.7% 17.6% 18.4% 17.2% 19.2%
Total Operating Cost 7.5B 9.4B 16.0B 25.0B 14.7B
Selling Expenses 354.0M 373.0M 569.0M 651.0M 520.0M
Admin Expenses 473.0M 576.0M 594.0M 650.0M 630.0M
Finance Expenses 949.0M 849.0M 634.0M 690.0M 474.0M
+Operating Income -982.0M 160.0M 567.0M 1.1B 694.0M
Operating Margin % -17.7% 1.9% 3.4% 4.1% 4.6%
Non Operating Income 13.0M 130.0M 22.8M 27.4M 26.2M
Non Operating Expenses 18.8M 12.6M 17.6M 8.5M 30.5M
Investment Income 870.0M 517.0M 43.2M 127.0M 429.0M
Fair Value Change Income -- -- -- -- --
Asset Disposal Income 87.3M 421.0M 2.2M 711,300 894,100
Asset Impairment Loss 728.0M 412.0M 294.0M 636.0M 323.0M
Other Income 10.9M 49.2M 19.4M 30.1M 21.0M
Income Before Tax -988.0M 278.0M 572.0M 1.1B 689.0M
Income Tax 9.2M 163.0M 400.0M 625.0M 556.0M
+Net Income -997.0M 115.0M 173.0M 466.0M 133.0M
Net Margin % -18.0% 1.3% 1.0% 1.8% 0.9%
Net Income Attributable -948.0M 33.8M 51.2M 70.1M 107.0M
Minority Interest -48.4M 81.4M 122.0M 395.0M 26.0M
Eps Basic -0.43 0.02 0.00 -0.04 -0.03
Eps Diluted -0.43 0.02 0.00 -0.04 -0.03
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 5.2B 6.4B 7.3B 7.9B 9.4B
Trading Financial Assets -- -- -- -- --
Accounts Receivable 1.9B 2.3B 1.6B 1.3B 753.0M
Notes Receivable 109.0M -- -- -- --
Notes And Accounts Receivable 2.0B 2.3B 1.6B 1.3B 753.0M
Prepayments 1.4B 2.7B 3.2B 3.2B 2.6B
Inventory 43.1B 40.0B 42.7B 49.1B 60.4B
Total Current Assets 56.2B 58.8B 63.0B 71.0B 84.0B
Long Term Equity Investment 1.8B 2.2B 1.9B 1.7B 1.7B
Fixed Assets -- 782.0M 801.0M 837.0M 575.0M
Fixed Assets Total 300.0M 782.0M 801.0M 837.0M 575.0M
Construction In Progress -- 723.0M 540.0M 442.0M 822.0M
Construction In Progress Total -- 723.0M 540.0M 442.0M 822.0M
Intangible Assets 411.0M 583.0M 575.0M 565.0M 464.0M
Long Term Deferred Expenses 60.2M 24.7M 33.3M 27.3M 53.4M
Total Non Current Assets 3.3B 4.9B 4.5B 4.2B 4.2B
Total Assets 59.6B 63.7B 67.5B 75.2B 88.2B
Short Term Borrowings 278.0M 547.0M 755.0M 11.1B 11.2B
Accounts Payable 7.1B 7.5B 9.7B 8.6B 8.8B
Advance Receipts 10.3M 16.7M 11.0M 16.3M 13.9M
Contract Liabilities 4.0B 4.9B 6.3B 11.5B 17.5B
Total Current Liabilities 20.5B 24.3B 28.8B 45.0B 55.3B
Long Term Borrowings 22.0B 22.6B 23.5B 11.3B 15.0B
Total Non Current Liabilities 28.7B 27.8B 27.0B 16.4B 18.3B
Total Liabilities 49.2B 52.2B 55.7B 61.4B 73.6B
Paid In Capital 2.2B 2.2B 2.2B 2.2B 2.2B
Capital Reserve 1.3B 1.3B 1.3B 1.3B 1.3B
Surplus Reserve 1.0B 864.0M 844.0M 798.0M 705.0M
Retained Earnings 5.4B 6.4B 6.5B 6.5B 6.8B
Minority Equity 507.0M 702.0M 952.0M 1.2B 706.0M
Equity Attributable 9.8B 10.8B 10.8B 12.5B 13.9B
Total Equity 10.3B 11.5B 11.8B 13.8B 14.6B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 5.2B 7.2B 12.2B 21.3B 18.6B
Tax Refunds Received 194.0M 396.0M 178.0M 372.0M 200.0M
Total Operating Cash Inflow 5.9B 8.9B 13.9B 24.4B 19.7B
Cash Paid For Goods 4.6B 6.4B 6.6B 13.8B 11.4B
Cash Paid To Employees 412.0M 526.0M 557.0M 618.0M 603.0M
Taxes Paid 873.0M 1.1B 1.6B 2.0B 1.9B
Total Operating Cash Outflow 7.0B 9.7B 10.2B 18.2B 15.5B
Operating Cash Flow -1.1B -768.0M 3.8B 6.1B 4.2B
Total Investing Cash Inflow 1.5B 868.0M 557.0M 1.7B 4.0B
Total Investing Cash Outflow 85.5M 289.0M 614.0M 602.0M 1.9B
Investing Cash Flow 1.4B 579.0M -56.7M 1.1B 2.1B
Cash From Borrowings 22.5B 9.5B 19.6B 22.5B 19.7B
Dividends And Interest Paid 1.6B 1.5B 1.9B 2.0B 2.7B
Debt Repayments 22.3B 8.4B 19.7B 28.1B 23.5B
Total Financing Cash Inflow 22.6B 9.5B 20.3B 23.8B 20.2B
Total Financing Cash Outflow 24.3B 10.3B 23.4B 32.3B 26.7B
Financing Cash Flow -1.7B -821.0M -3.1B -8.5B -6.5B
Net Change In Cash -1.3B -1.0B 603.0M -1.3B -270.0M
Ending Cash Balance 4.9B 6.2B 7.2B 6.6B 7.8B
Capex 85.5M 135.0M 89.6M 148.0M 809.0M
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