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长城军工 — 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 1.4B 1.6B 1.7B 1.7B 1.6B
Revenue Growth % -11.5% -5.8% 1.1% 6.9% --
Total Revenue 1.4B 1.6B 1.7B 1.7B 1.6B
Cost Of Revenue 1.4B 1.2B 1.3B 1.3B 1.2B
+Gross Profit -3.0M 370.0M 382.0M 403.0M 410.0M
Gross Margin % -0.2% 22.9% 22.3% 23.8% 25.9%
Total Operating Cost 1.9B 1.6B 1.7B 1.6B 1.5B
Selling Expenses 19.2M 17.2M 17.5M 24.5M 21.2M
Admin Expenses 195.0M 165.0M 173.0M 185.0M 163.0M
Rd Expenses 154.0M 129.0M 107.0M 100.0M 86.1M
Finance Expenses 10.2M 10.5M 5.5M 1.7M 872,000
+Operating Income -402.0M 12.8M 73.7M 145.0M 135.0M
Operating Margin % -28.1% 0.8% 4.3% 8.5% 8.5%
Non Operating Income 8.3M 5.9M 3.3M 811,800 331,700
Non Operating Expenses 1.2M 1.6M 1.2M 4.8M 1.7M
Investment Income 1.1M 2.2M -20,000 1.3M 4.1M
Fair Value Change Income -- -- -36,300 82,900 72,600
Asset Disposal Income 409,400 -196,000 -221,800 68.9M 224,300
Asset Impairment Loss 41.6M 16.7M 9.6M 9.4M 1.2M
Other Income 34.1M 25.6M 50.3M 25.8M 20.3M
Income Before Tax -394.0M 17.1M 75.8M 141.0M 133.0M
Income Tax -27.2M -8.1M -4.1M 4.7M 15.1M
+Net Income -367.0M 25.1M 80.0M 137.0M 118.0M
Net Margin % -25.7% 1.6% 4.7% 8.1% 7.4%
Net Income Attributable -363.0M 26.7M 80.0M 136.0M 117.0M
Minority Interest -4.0M -1.6M 5,500 133,000 842,700
Eps Basic -0.50 0.04 0.11 0.19 0.16
Eps Diluted -0.50 0.04 0.11 0.19 0.16
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 555.0M 339.0M 457.0M 632.0M 623.0M
Trading Financial Assets -- -- -- 351,500 30.3M
Accounts Receivable 1.3B 1.5B 1.3B 1.1B 924.0M
Notes Receivable 135.0M 138.0M -- -- --
Notes And Accounts Receivable 1.5B 1.6B 1.3B 1.1B 924.0M
Prepayments 35.5M 51.7M 56.8M 40.9M 29.9M
Inventory 520.0M 664.0M 649.0M 617.0M 487.0M
Total Current Assets 2.7B 2.8B 2.6B 2.6B 2.2B
Long Term Equity Investment -- -- -- -- --
Fixed Assets -- 1.1B 1.1B 1.1B 945.0M
Fixed Assets Total 1.0B 1.1B 1.1B 1.1B 945.0M
Construction In Progress -- 95.7M 40.8M 23.6M 195.0M
Construction In Progress Total 97.6M 95.7M 40.8M 23.6M 195.0M
Intangible Assets 223.0M 220.0M 221.0M 227.0M 252.0M
Long Term Deferred Expenses 1.1M -- -- -- --
Total Non Current Assets 1.7B 1.7B 1.5B 1.6B 1.5B
Total Assets 4.4B 4.5B 4.2B 4.2B 3.8B
Short Term Borrowings 493.0M 363.0M 205.0M 228.0M 290.0M
Accounts Payable 876.0M 713.0M 666.0M 736.0M 419.0M
Advance Receipts 622,600 78,100 1.8M -- --
Contract Liabilities 78.5M 34.0M 15.5M 61.4M 17.1M
Total Current Liabilities 1.8B 1.4B 1.2B 1.2B 933.0M
Long Term Borrowings 12.1M 70.0M -- 22.9M 44.2M
Total Non Current Liabilities 367.0M 430.0M 367.0M 405.0M 435.0M
Total Liabilities 2.2B 1.9B 1.6B 1.6B 1.4B
Paid In Capital 724.0M 724.0M 724.0M 724.0M 724.0M
Capital Reserve 722.0M 722.0M 722.0M 717.0M 665.0M
Surplus Reserve 27.7M 27.3M 26.6M 24.5M 18.5M
Retained Earnings 695.0M 1.1B 1.1B 1.0B 910.0M
Minority Equity 10.1M 14.2M 15.9M 16.0M 16.1M
Equity Attributable 2.2B 2.6B 2.6B 2.6B 2.4B
Total Equity 2.2B 2.6B 2.6B 2.6B 2.4B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 1.6B 1.4B 1.4B 1.4B 1.2B
Tax Refunds Received 426,700 3.5M 13.9M 982,200 100,300
Total Operating Cash Inflow 1.7B 1.4B 1.5B 1.4B 1.2B
Cash Paid For Goods 798.0M 813.0M 946.0M 795.0M 843.0M
Cash Paid To Employees 503.0M 475.0M 450.0M 436.0M 371.0M
Taxes Paid 73.9M 62.6M 16.4M 25.0M 20.8M
Total Operating Cash Outflow 1.5B 1.5B 1.5B 1.4B 1.4B
Operating Cash Flow 189.0M -76.5M -57.0M 63.7M -101.0M
Total Investing Cash Inflow 41.7M 592,000 1.1M 461.0M 464.0M
Total Investing Cash Outflow 88.8M 252.0M 57.6M 434.0M 432.0M
Investing Cash Flow -47.1M -251.0M -56.5M 26.5M 31.5M
Cash From Borrowings 518.0M 476.0M 325.0M 313.0M 320.0M
Dividends And Interest Paid 18.2M 30.8M 36.6M 48.4M 45.1M
Debt Repayments 449.0M 250.0M 392.0M 387.0M 301.0M
Total Financing Cash Inflow 518.0M 606.0M 344.0M 343.0M 320.0M
Total Financing Cash Outflow 467.0M 362.0M 428.0M 435.0M 347.0M
Financing Cash Flow 51.2M 243.0M -83.7M -91.9M -26.6M
Net Change In Cash 193.0M -84.3M -197.0M -1.7M -96.5M
Ending Cash Balance 477.0M 284.0M 369.0M 566.0M 567.0M
Capex 88.8M 112.0M 57.6M 104.0M 100.0M
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