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渤海汽车 — 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 4.2B 4.7B 4.1B 4.4B 4.7B
Revenue Growth % -9.5% 13.8% -7.1% -5.8% --
Total Revenue 4.2B 4.7B 4.1B 4.4B 4.7B
Cost Of Revenue 4.3B 4.4B 3.7B 3.9B 4.1B
+Gross Profit -116.0M 311.0M 371.0M 472.0M 619.0M
Gross Margin % -2.7% 6.7% 9.0% 10.7% 13.2%
Total Operating Cost 5.5B 4.9B 4.2B 4.6B 4.8B
Selling Expenses 83.6M 76.2M 87.2M 113.0M 108.0M
Admin Expenses 352.0M 221.0M 186.0M 199.0M 238.0M
Rd Expenses 91.3M 92.3M 91.8M 126.0M 117.0M
Finance Expenses 82.3M 46.2M 23.8M 82.3M 113.0M
+Operating Income -1.2B -192.0M -59.0M -98.3M 33.5M
Operating Margin % -29.1% -4.1% -1.4% -2.2% 0.7%
Non Operating Income 1.2M 2.3M 4.9M 2.8M 5.8M
Non Operating Expenses 29.5M 1.0M 102,500 1.8M 2.2M
Investment Income 39.8M 7.7M 17.2M 56.2M 100.0M
Fair Value Change Income -357,700 -1.6M 1.6M -11.3M 9.9M
Asset Disposal Income 739,700 -223,400 -138,000 -1.0M -2.6M
Asset Impairment Loss 535.0M 63.8M 56.4M 93.0M 34.5M
Other Income 25.4M 24.5M 28.2M 29.7M 29.9M
Income Before Tax -1.3B -190.0M -54.2M -97.2M 37.1M
Income Tax 2.6M 2.2M 14.6M -10.1M 15.6M
+Net Income -1.3B -192.0M -68.8M -87.2M 21.5M
Net Margin % -29.8% -4.1% -1.7% -2.0% 0.5%
Net Income Attributable -1.3B -199.0M -62.3M -90.1M 70.0M
Minority Interest 3.1M 6.4M -6.5M 2.9M -48.5M
Eps Basic -1.33 -0.21 -0.07 -0.09 0.07
Eps Diluted -1.33 -0.21 -0.07 -0.09 0.07
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 922.0M 813.0M 975.0M 1.0B 2.2B
Trading Financial Assets -- -- 1.6M -- 11.3M
Accounts Receivable 717.0M 958.0M 921.0M 816.0M 807.0M
Notes Receivable 613.0M 553.0M 541.0M 677.0M 733.0M
Notes And Accounts Receivable 1.3B 1.5B 1.5B 1.5B 1.5B
Prepayments 76.3M 66.8M 49.5M 89.5M 71.6M
Inventory 1.1B 1.1B 1.1B 1.0B 942.0M
Total Current Assets 3.5B 3.6B 3.6B 3.8B 5.0B
Long Term Equity Investment 412.0M 458.0M 469.0M 473.0M 464.0M
Fixed Assets -- 1.7B 1.8B 2.0B 2.1B
Fixed Assets Total 1.6B 1.7B 1.8B 2.0B 2.1B
Construction In Progress -- 186.0M 99.4M 77.0M 153.0M
Construction In Progress Total 48.8M 186.0M 99.4M 77.0M 153.0M
Intangible Assets 199.0M 243.0M 269.0M 284.0M 312.0M
Long Term Deferred Expenses 49.9M 29.9M 30.9M 27.9M 19.8M
Total Non Current Assets 3.9B 4.0B 3.8B 4.4B 4.2B
Total Assets 7.4B 7.6B 7.4B 8.2B 9.2B
Short Term Borrowings 1.6B 1.2B 951.0M 425.0M 360.0M
Accounts Payable 488.0M 491.0M 372.0M 369.0M 434.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 110.0M 69.1M 57.5M 38.0M 44.3M
Total Current Liabilities 2.8B 2.6B 1.9B 2.1B 2.7B
Long Term Borrowings 229.0M 46.0M 489.0M 373.0M 110.0M
Total Non Current Liabilities 1.1B 438.0M 863.0M 910.0M 1.2B
Total Liabilities 3.9B 3.1B 2.8B 3.0B 3.9B
Paid In Capital 951.0M 951.0M 951.0M 951.0M 951.0M
Capital Reserve 2.6B 2.6B 2.6B 2.7B 2.7B
Surplus Reserve 87.6M 87.6M 87.6M 87.6M 87.6M
Retained Earnings -604.0M 660.0M 859.0M 920.0M 1.0B
Minority Equity 44.6M 41.5M 34.9M 233.0M 250.0M
Equity Attributable 3.5B 4.5B 4.6B 5.0B 5.0B
Total Equity 3.5B 4.5B 4.6B 5.3B 5.3B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 4.2B 4.5B 4.2B 4.1B 4.0B
Tax Refunds Received 29.5M 36.6M 58.4M 85.2M 62.6M
Total Operating Cash Inflow 4.2B 4.6B 4.3B 4.3B 4.1B
Cash Paid For Goods 3.1B 3.2B 3.0B 3.0B 2.8B
Cash Paid To Employees 887.0M 906.0M 787.0M 905.0M 932.0M
Taxes Paid 85.5M 89.3M 86.5M 125.0M 156.0M
Total Operating Cash Outflow 4.2B 4.3B 4.0B 4.1B 4.0B
Operating Cash Flow 12.8M 248.0M 233.0M 137.0M 109.0M
Total Investing Cash Inflow 80.1M 82.4M 63.6M 160.0M 225.0M
Total Investing Cash Outflow 141.0M 422.0M 157.0M 346.0M 408.0M
Investing Cash Flow -61.2M -339.0M -93.1M -186.0M -183.0M
Cash From Borrowings 2.1B 1.3B 1.4B 1.2B 858.0M
Dividends And Interest Paid 77.8M 92.6M 82.3M 103.0M 113.0M
Debt Repayments 1.8B 1.3B 1.3B 2.1B 411.0M
Total Financing Cash Inflow 2.1B 1.3B 1.4B 1.2B 962.0M
Total Financing Cash Outflow 2.1B 1.4B 1.6B 2.2B 557.0M
Financing Cash Flow 45.7M -85.6M -180.0M -1.0B 405.0M
Net Change In Cash -1.6M -166.0M -34.7M -1.1B 338.0M
Ending Cash Balance 763.0M 765.0M 932.0M 966.0M 2.1B
Capex 138.0M 175.0M 152.0M 180.0M 401.0M
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