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福建水泥 — 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 1.7B 2.1B 2.6B 3.6B 3.0B
Revenue Growth % -15.4% -20.8% -28.4% 22.2% --
Total Revenue 1.7B 2.1B 2.6B 3.6B 3.0B
Cost Of Revenue 1.7B 2.2B 2.6B 2.9B 2.3B
+Gross Profit 27.0M -134.0M -22.0M 756.0M 709.0M
Gross Margin % 1.6% -6.5% -0.8% 20.9% 24.0%
Total Operating Cost 2.0B 2.5B 3.0B 3.2B 2.6B
Selling Expenses 17.1M 23.6M 27.2M 36.6M 33.1M
Admin Expenses 130.0M 141.0M 146.0M 161.0M 173.0M
Rd Expenses 19.4M -- 66.5M -- --
Finance Expenses 65.8M 62.5M 54.2M 45.4M 54.2M
+Operating Income -222.0M -435.0M -367.0M 480.0M 438.0M
Operating Margin % -12.8% -21.2% -14.2% 13.3% 14.8%
Non Operating Income 3.1M 1.3M 2.0M 16.0M 3.3M
Non Operating Expenses 6.4M 5.6M 7.8M 9.3M 33.6M
Investment Income 31.1M 35.1M 49.7M 24.2M 24.0M
Fair Value Change Income -- -- -414,600 498,400 -392,300
Asset Disposal Income 3.4M 3.1M 182,100 4,500 957,500
Asset Impairment Loss 20.2M 85.7M 74.4M 17.8M 7.6M
Other Income 8.3M 9.8M 10.0M 10.4M 14.7M
Income Before Tax -225.0M -439.0M -373.0M 487.0M 408.0M
Income Tax 2.6M -37.2M -59.8M 106.0M 104.0M
+Net Income -228.0M -402.0M -313.0M 381.0M 304.0M
Net Margin % -13.1% -19.6% -12.1% 10.5% 10.3%
Net Income Attributable -167.0M -323.0M -243.0M 310.0M 278.0M
Minority Interest -60.4M -79.4M -70.7M 70.9M 25.8M
Eps Basic -0.36 -0.70 -0.53 0.68 0.61
Eps Diluted -0.36 -0.70 -0.53 0.68 0.61
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 68.3M 116.0M 93.4M 261.0M 455.0M
Trading Financial Assets -- -- 1.5M 76.2M 1.9M
Accounts Receivable 2.7M 11,400 -- 262,900 385,500
Notes Receivable 24.8M 20.9M 46.7M 46.8M 62.7M
Notes And Accounts Receivable 27.5M 20.9M 46.7M 47.1M 63.1M
Prepayments 381,800 495,100 1.6M 1.4M 1.2M
Inventory 122.0M 152.0M 318.0M 303.0M 178.0M
Total Current Assets 280.0M 391.0M 543.0M 896.0M 788.0M
Long Term Equity Investment 10.2M 10.2M 10.2M 10.2M 10.2M
Fixed Assets -- 2.3B 2.5B 2.6B 2.0B
Fixed Assets Total 2.1B 2.3B 2.5B 2.6B 2.0B
Construction In Progress -- 51.8M 46.9M 26.7M 463.0M
Construction In Progress Total 46.9M 51.8M 46.9M 26.7M 463.0M
Intangible Assets 290.0M 308.0M 336.0M 356.0M 376.0M
Long Term Deferred Expenses 86.1M 86.1M 87.5M 77.4M 70.0M
Total Non Current Assets 3.3B 3.5B 3.7B 3.8B 3.7B
Total Assets 3.6B 3.9B 4.2B 4.6B 4.5B
Short Term Borrowings 1.2B 1.2B 857.0M 866.0M 1.4B
Accounts Payable 434.0M 446.0M 535.0M 649.0M 604.0M
Advance Receipts 5.2M 5.5M 5.7M 6.4M 5.9M
Contract Liabilities 39.7M 37.3M 48.4M 70.2M 77.8M
Total Current Liabilities 2.0B 2.2B 1.9B 2.0B 2.5B
Long Term Borrowings 309.0M 322.0M 453.0M 334.0M --
Total Non Current Liabilities 486.0M 477.0M 625.0M 528.0M 204.0M
Total Liabilities 2.5B 2.6B 2.5B 2.6B 2.7B
Paid In Capital 458.0M 458.0M 458.0M 458.0M 458.0M
Capital Reserve 195.0M 195.0M 195.0M 189.0M 189.0M
Surplus Reserve 96.5M 96.5M 96.5M 96.5M 96.5M
Retained Earnings -70.4M 96.8M 419.0M 702.0M 467.0M
Minority Equity -14.2M 45.9M 125.0M 208.0M 129.0M
Equity Attributable 1.1B 1.2B 1.5B 1.9B 1.7B
Total Equity 1.1B 1.2B 1.7B 2.1B 1.8B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 1.8B 2.1B 2.6B 2.9B 2.7B
Tax Refunds Received 3.3M 7.6M 16.5M 22.7M 24.0M
Total Operating Cash Inflow 1.9B 2.2B 2.7B 3.0B 2.8B
Cash Paid For Goods 1.3B 1.8B 2.3B 1.7B 1.7B
Cash Paid To Employees 274.0M 293.0M 306.0M 297.0M 231.0M
Taxes Paid 86.6M 78.3M 127.0M 286.0M 328.0M
Total Operating Cash Outflow 1.7B 2.3B 2.9B 2.6B 2.4B
Operating Cash Flow 151.0M -122.0M -207.0M 462.0M 405.0M
Total Investing Cash Inflow 37.3M 46.9M 121.0M 39.4M 31.5M
Total Investing Cash Outflow 33.1M 127.0M 193.0M 424.0M 621.0M
Investing Cash Flow 4.2M -80.5M -72.3M -384.0M -590.0M
Cash From Borrowings 1.8B 1.3B 1.2B 1.5B 1.4B
Dividends And Interest Paid 58.7M 57.9M 101.0M 108.0M 115.0M
Debt Repayments 2.0B 1.0B 983.0M 1.7B 1.3B
Total Financing Cash Inflow 1.8B 1.3B 1.2B 1.5B 1.4B
Total Financing Cash Outflow 2.0B 1.1B 1.1B 1.8B 1.4B
Financing Cash Flow -203.0M 225.0M 125.0M -256.0M -22.6M
Net Change In Cash -48.0M 22.6M -154.0M -179.0M -207.0M
Ending Cash Balance 67.3M 115.0M 92.7M 247.0M 425.0M
Capex 33.1M 127.0M 187.0M 349.0M 621.0M
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