SHANGHAI HUAFON ALUMINIUM CORPO

SHANGHAI HUAFON ALUMINIUM CORPO — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015
+Revenue	10.9B	9.3B	8.5B	6.4B	4.1B	3.6B	3.4B	3.2B	2.2B	1.8B
Revenue Growth %	17.1%	8.7%	32.5%	58.6%	13.3%	5.1%	5.8%	44.9%	25.6%	--
Total Revenue	10.9B	9.3B	8.5B	6.4B	4.1B	3.6B	3.4B	3.2B	2.2B	1.8B
Cost Of Revenue	9.1B	7.8B	7.4B	5.3B	3.4B	3.0B	2.8B	2.6B	1.8B	1.5B
+Gross Profit	1.8B	1.5B	1.2B	1.1B	672.0M	611.0M	568.0M	603.0M	456.0M	315.0M
Gross Margin %	16.2%	15.9%	13.9%	17.0%	16.5%	17.0%	16.6%	18.7%	20.5%	17.7%
Total Operating Cost	9.6B	8.3B	7.8B	5.9B	3.8B	3.4B	3.2B	3.0B	2.0B	1.7B
Selling Expenses	74.0M	71.1M	39.5M	35.9M	27.7M	94.4M	87.3M	84.5M	74.1M	60.3M
Admin Expenses	132.0M	119.0M	92.3M	92.7M	68.7M	53.1M	55.6M	44.7M	42.4M	33.1M
Rd Expenses	219.0M	231.0M	259.0M	287.0M	200.0M	153.0M	114.0M	133.0M	88.1M	82.2M
Finance Expenses	1.7M	25.9M	34.0M	116.0M	98.8M	104.0M	99.5M	94.3M	54.2M	40.6M
+Operating Income	1.4B	1.0B	724.0M	551.0M	272.0M	208.0M	187.0M	233.0M	190.0M	95.0M
Operating Margin %	12.7%	10.9%	8.5%	8.5%	6.7%	5.8%	5.5%	7.2%	8.5%	5.4%
Non Operating Income	938,800	1.9M	51,700	653,500	1.2M	884,200	2.8M	2.4M	4.3M	4.2M
Non Operating Expenses	1.5M	1.5M	1.7M	309,700	711,100	2.0M	537,900	142,400	447,400	108,400
Investment Income	-918,500	-5.8M	-4.7M	-3.0M	2.7M	695,800	-3.3M	3.0M	6.4M	-973,500
Fair Value Change Income	-2.7M	5.3M	-5.5M	229,300	--	--	--	--	--	270,100
Asset Disposal Income	-458,300	-402,500	-1.7M	106,400	-215,700	319,600	--	223,400	147,100	755,600
Asset Impairment Loss	17.9M	18.1M	27.2M	16.0M	7.2M	11.8M	22.2M	15.1M	12.4M	3.8M
Other Income	126.0M	63.5M	36.4M	24.6M	20.5M	27.0M	6.2M	360,000	--	--
Income Before Tax	1.4B	1.0B	722.0M	551.0M	273.0M	207.0M	189.0M	235.0M	194.0M	99.0M
Income Tax	165.0M	114.0M	56.2M	50.8M	23.1M	23.6M	21.1M	28.5M	26.6M	10.1M
+Net Income	1.2B	899.0M	666.0M	500.0M	249.0M	184.0M	168.0M	207.0M	167.0M	88.9M
Net Margin %	11.2%	9.7%	7.8%	7.8%	6.1%	5.1%	4.9%	6.4%	7.5%	5.0%
Net Income Attributable	1.2B	899.0M	666.0M	500.0M	249.0M	184.0M	168.0M	207.0M	167.0M	88.9M
Minority Interest	9,500	26,000	14,400	-33,100	-10,100	--	--	--	--	--
Eps Basic	1.22	0.90	0.67	0.50	0.31	0.25	0.24	0.34	0.28	0.15
Eps Diluted	1.22	0.90	0.67	0.50	0.31	0.25	0.24	0.34	0.28	0.15

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015
Cash And Equivalents	563.0M	424.0M	352.0M	321.0M	115.0M	80.8M	60.6M	137.0M	222.0M	47.2M
Trading Financial Assets	100,800	--	--	105.0M	48.7M	--	--	--	2.7M	3.1M
Accounts Receivable	1.8B	1.6B	1.3B	1.1B	942.0M	746.0M	637.0M	637.0M	439.0M	--
Notes Receivable	--	--	--	--	--	--	147.0M	119.0M	85.4M	--
Notes And Accounts Receivable	1.8B	1.6B	1.3B	1.1B	942.0M	746.0M	784.0M	756.0M	525.0M	468.0M
Prepayments	79.3M	102.0M	42.8M	73.9M	59.5M	45.9M	17.4M	66.4M	24.8M	9.7M
Inventory	2.6B	2.1B	1.9B	1.6B	1.3B	1.1B	1.1B	1.1B	802.0M	475.0M
Total Current Assets	6.3B	5.4B	4.3B	3.7B	2.9B	2.4B	2.1B	2.2B	1.6B	1.0B
Fixed Assets	--	1.5B	1.7B	1.7B	1.6B	1.5B	1.0B	602.0M	--	--
Fixed Assets Total	1.4B	1.5B	1.7B	1.7B	1.6B	1.5B	1.0B	602.0M	628.0M	568.0M
Construction In Progress	--	60.7M	76.2M	157.0M	271.0M	295.0M	540.0M	446.0M	--	--
Construction In Progress Total	72.9M	63.6M	82.2M	165.0M	276.0M	319.0M	623.0M	505.0M	6.0M	29.2M
Intangible Assets	164.0M	170.0M	174.0M	180.0M	183.0M	182.0M	187.0M	93.6M	96.4M	88.4M
Long Term Deferred Expenses	--	--	--	--	--	--	--	44,400	--	--
Total Non Current Assets	1.9B	1.8B	2.0B	2.1B	2.1B	2.1B	1.9B	1.4B	821.0M	717.0M
Total Assets	8.3B	7.2B	6.3B	5.8B	5.0B	4.5B	4.0B	3.5B	2.4B	1.7B
Short Term Borrowings	1.1B	1.2B	1.2B	1.4B	1.6B	2.5B	1.9B	435.0M	514.0M	340.0M
Accounts Payable	160.0M	220.0M	230.0M	257.0M	218.0M	244.0M	239.0M	127.0M	142.0M	--
Advance Receipts	--	--	--	--	--	9.0M	16.2M	19.6M	14.5M	35.0M
Contract Liabilities	44.7M	32.0M	26.8M	19.6M	11.7M	--	--	--	--	--
Total Current Liabilities	2.6B	2.5B	2.1B	1.9B	2.0B	2.8B	2.2B	2.7B	1.4B	853.0M
Long Term Borrowings	--	40.0M	320.0M	583.0M	150.0M	--	400.0M	--	61.5M	138.0M
Total Non Current Liabilities	154.0M	202.0M	496.0M	767.0M	325.0M	180.0M	489.0M	9.4M	63.3M	140.0M
Total Liabilities	2.7B	2.7B	2.6B	2.7B	2.3B	3.0B	2.7B	2.7B	1.4B	993.0M
Paid In Capital	999.0M	999.0M	999.0M	999.0M	999.0M	749.0M	749.0M	601.0M	601.0M	601.0M
Capital Reserve	820.0M	820.0M	820.0M	820.0M	820.0M	184.0M	184.0M	21.2M	116.0M	24.1M
Surplus Reserve	271.0M	207.0M	152.0M	117.0M	88.8M	71.2M	--	--	33.1M	16.3M
Retained Earnings	3.4B	2.4B	1.7B	1.1B	700.0M	468.0M	294.0M	140.0M	238.0M	87.8M
Minority Equity	52,100	46,800	21,700	7,800	46,800	--	--	--	--	--
Equity Attributable	5.5B	4.5B	3.7B	3.1B	2.7B	1.5B	1.3B	825.0M	996.0M	733.0M
Total Equity	5.5B	4.5B	3.7B	3.1B	2.7B	1.5B	1.3B	825.0M	996.0M	733.0M

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015
Cash From Sales	8.9B	7.9B	7.5B	5.8B	4.0B	3.3B	3.1B	2.3B	1.9B	1.8B
Tax Refunds Received	382.0M	385.0M	323.0M	128.0M	75.7M	61.9M	36.8M	87.5M	48.5M	54.4M
Total Operating Cash Inflow	9.3B	8.3B	7.9B	6.0B	4.1B	3.5B	3.2B	2.4B	2.0B	1.9B
Cash Paid For Goods	7.5B	6.9B	6.7B	4.9B	3.6B	2.8B	2.5B	2.1B	1.8B	1.4B
Cash Paid To Employees	479.0M	439.0M	399.0M	324.0M	245.0M	233.0M	207.0M	172.0M	127.0M	91.2M
Taxes Paid	367.0M	318.0M	99.1M	79.0M	57.1M	65.1M	47.7M	41.3M	21.9M	11.4M
Total Operating Cash Outflow	8.6B	7.9B	7.6B	5.6B	4.1B	3.3B	2.9B	2.4B	2.0B	1.7B
Operating Cash Flow	745.0M	374.0M	327.0M	381.0M	-26.2M	148.0M	294.0M	-26.5M	-45.7M	198.0M
Total Investing Cash Inflow	125.0M	314.0M	1.6B	558.0M	1.3B	420.0M	31.7M	6.2M	13.3M	7.5M
Total Investing Cash Outflow	266.0M	339.0M	1.5B	869.0M	1.4B	650.0M	840.0M	809.0M	139.0M	79.0M
Investing Cash Flow	-141.0M	-25.3M	30.9M	-311.0M	-160.0M	-230.0M	-808.0M	-803.0M	-126.0M	-71.5M
Cash From Borrowings	2.4B	1.8B	1.8B	2.8B	2.6B	3.0B	2.3B	435.0M	514.0M	590.0M
Dividends And Interest Paid	237.0M	149.0M	134.0M	109.0M	75.6M	102.0M	470.0M	36.3M	30.2M	56.3M
Debt Repayments	2.7B	2.0B	2.0B	2.5B	3.2B	2.8B	567.0M	522.0M	455.0M	345.0M
Total Financing Cash Inflow	2.4B	1.8B	1.8B	2.8B	3.5B	3.0B	3.0B	2.0B	2.1B	2.1B
Total Financing Cash Outflow	2.9B	2.1B	2.2B	2.6B	3.3B	2.9B	2.5B	1.3B	1.9B	2.2B
Financing Cash Flow	-499.0M	-306.0M	-348.0M	161.0M	209.0M	106.0M	491.0M	760.0M	258.0M	-102.0M
Net Change In Cash	134.0M	67.4M	24.0M	225.0M	20.0M	21.3M	-24.1M	-74.0M	91.2M	28.9M
Ending Cash Balance	531.0M	398.0M	331.0M	307.0M	81.5M	61.5M	40.2M	64.4M	138.0M	47.2M
Capex	144.0M	21.3M	70.7M	254.0M	116.0M	240.0M	448.0M	632.0M	139.0M	75.2M