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渤海化学 — 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 4.8B 3.2B 6.0B 4.2B 2.7B
Revenue Growth % 48.3% -46.7% 42.4% 55.3% --
Total Revenue 4.8B 3.2B 6.0B 4.2B 2.7B
Cost Of Revenue 5.2B 3.6B 5.7B 3.8B 2.2B
+Gross Profit -378.0M -334.0M 372.0M 470.0M 562.0M
Gross Margin % -7.9% -10.4% 6.2% 11.1% 20.5%
Total Operating Cost 5.5B 3.9B 6.1B 4.0B 2.4B
Selling Expenses 14.7M 15.5M 16.6M 19.6M 13.6M
Admin Expenses 125.0M 89.3M 105.0M 96.9M 115.0M
Rd Expenses 154.0M 173.0M 201.0M 70.8M 41.9M
Finance Expenses 42.8M 30.4M 79.5M 31.5M 34.3M
+Operating Income -582.0M -647.0M -44.7M 232.0M 322.0M
Operating Margin % -12.2% -20.1% -0.7% 5.5% 11.8%
Non Operating Income 45.7M 24.9M 25.1M 209,000 2.9M
Non Operating Expenses 95.1M 1.6M 25.0M 120,700 68.7M
Investment Income -3.1M 2.6M -3.1M 2.9M -15.3M
Fair Value Change Income 1.6M 1.2M 1.8M 1.2M 1.1M
Asset Disposal Income 97.2M -- -- -- 4,700
Asset Impairment Loss -878,300 -670,500 820,600 6.3M 1.2M
Other Income 49.2M 1.7M 2.6M 14.9M 1.5M
Income Before Tax -632.0M -623.0M -44.5M 232.0M 256.0M
Income Tax 250,000 -102.0M -6.3M 44.7M 70.9M
+Net Income -632.0M -521.0M -38.2M 188.0M 185.0M
Net Margin % -13.2% -16.2% -0.6% 4.4% 6.8%
Net Income Attributable -632.0M -521.0M -38.2M 188.0M 186.0M
Minority Interest 136,500 -- -- -- -553,100
Eps Basic -0.57 -0.44 -0.03 0.16 0.19
Eps Diluted -0.57 -0.44 -0.03 0.16 0.19
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 778.0M 712.0M 1.4B 838.0M 869.0M
Trading Financial Assets 427,900 482,100 597,800 779,500 410,700
Accounts Receivable 64.7M 71.6M 68.5M 55.7M 72.4M
Notes Receivable 42.2M 55.9M 184.0M 145.0M --
Notes And Accounts Receivable 107.0M 127.0M 252.0M 201.0M 72.4M
Prepayments 35.5M 54.8M 108.0M 369.0M 127.0M
Inventory 303.0M 690.0M 479.0M 694.0M 762.0M
Total Current Assets 1.4B 1.6B 2.3B 2.1B 1.9B
Long Term Equity Investment 82.0M 86.0M 84.2M 88.1M 98.0M
Fixed Assets -- 1.9B 2.0B 2.2B 2.3B
Fixed Assets Total 1.7B 1.9B 2.0B 2.2B 2.3B
Construction In Progress -- 55.8M 52.2M 39.8M 4.3M
Construction In Progress Total 109.0M 55.8M 52.2M 39.8M 4.3M
Intangible Assets 223.0M 249.0M 261.0M 275.0M 243.0M
Long Term Deferred Expenses 156.0M 48.5M 52.0M 98.2M 163.0M
Total Non Current Assets 2.5B 2.7B 2.6B 2.7B 2.9B
Total Assets 3.9B 4.3B 4.8B 4.9B 4.7B
Short Term Borrowings 717.0M 524.0M 960.0M 885.0M 1.4B
Accounts Payable 164.0M 261.0M 241.0M 264.0M 196.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 12.9M 8.7M 17.8M 18.7M 10.6M
Total Current Liabilities 2.0B 1.6B 1.7B 1.7B 1.9B
Long Term Borrowings 34.9M 257.0M 76.0M 48.4M --
Total Non Current Liabilities 161.0M 288.0M 211.0M 222.0M 5.5M
Total Liabilities 2.1B 1.9B 1.9B 1.9B 1.9B
Paid In Capital 1.1B 1.1B 1.2B 1.2B 1.2B
Capital Reserve 2.1B 2.1B 2.1B 2.1B 2.1B
Surplus Reserve 144.0M 144.0M 144.0M 141.0M 117.0M
Retained Earnings -1.6B -998.0M -477.0M -436.0M -599.0M
Minority Equity 1.1M -- -- -- --
Equity Attributable 1.8B 2.4B 2.9B 2.9B 2.8B
Total Equity 1.8B 2.4B 2.9B 2.9B 2.8B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 5.3B 3.7B 6.8B 4.7B 3.1B
Tax Refunds Received -- 30.3M 17.8M 5.1M 9.9M
Total Operating Cash Inflow 5.4B 3.8B 6.8B 4.7B 3.1B
Cash Paid For Goods 5.0B 3.7B 5.6B 3.9B 2.3B
Cash Paid To Employees 118.0M 115.0M 95.7M 106.0M 94.5M
Taxes Paid 65.0M 100.0M 240.0M 250.0M 196.0M
Total Operating Cash Outflow 5.3B 4.1B 6.2B 4.4B 2.8B
Operating Cash Flow 43.3M -311.0M 663.0M 326.0M 366.0M
Total Investing Cash Inflow 5.3M 799,100 831,600 794,100 1.0M
Total Investing Cash Outflow 224.0M 256.0M 94.3M 82.2M 42.3M
Investing Cash Flow -218.0M -255.0M -93.5M -81.4M -41.2M
Cash From Borrowings 1.5B 1.3B 2.6B 1.9B 1.7B
Dividends And Interest Paid 39.4M 23.6M 48.2M 40.8M 441.0M
Debt Repayments 1.3B 1.3B 2.5B 2.3B 1.5B
Total Financing Cash Inflow 1.7B 1.3B 2.6B 2.1B 2.4B
Total Financing Cash Outflow 1.5B 1.5B 2.6B 2.4B 2.0B
Financing Cash Flow 191.0M -148.0M -585,700 -287.0M 419.0M
Net Change In Cash 16.3M -714.0M 568.0M -42.5M 744.0M
Ending Cash Balance 695.0M 678.0M 1.4B 824.0M 866.0M
Capex 224.0M 256.0M 83.2M 59.9M 42.3M
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