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海天精工 — 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 3.4B 3.3B 3.2B 2.7B 1.6B
Revenue Growth % 0.9% 4.6% 16.4% 67.3% --
Total Revenue 3.4B 3.3B 3.2B 2.7B 1.6B
Cost Of Revenue 2.4B 2.4B 2.3B 2.0B 1.2B
+Gross Profit 917.0M 935.0M 867.0M 702.0M 392.0M
Gross Margin % 27.4% 28.1% 27.3% 25.7% 24.0%
Total Operating Cost 2.9B 2.8B 2.7B 2.4B 1.5B
Selling Expenses 123.0M 129.0M 152.0M 142.0M 98.4M
Admin Expenses 51.3M 39.5M 41.5M 32.5M 34.2M
Rd Expenses 166.0M 137.0M 118.0M 113.0M 70.2M
Finance Expenses -4.7M -10.9M -32.6M -4.3M 4.0M
+Operating Income 561.0M 650.0M 542.0M 400.0M 144.0M
Operating Margin % 16.7% 19.6% 17.1% 14.7% 8.8%
Non Operating Income 30.8M 47.3M 40.3M 11.5M 8.1M
Non Operating Expenses 9,800 623,100 -295,400 -185,500 -680,900
Investment Income 12.1M 17.6M 7.1M 13.2M 6.1M
Fair Value Change Income 1.4M 5.8M -509,000 -- --
Asset Disposal Income 567,600 10,300 763,000 1.1M -67,200
Asset Impairment Loss 46.7M 47.1M 37.2M 28.2M 41.1M
Other Income 60.4M 64.1M 14.0M 15.2M 12.7M
Income Before Tax 592.0M 697.0M 583.0M 412.0M 152.0M
Income Tax 68.7M 87.3M 61.9M 41.0M 14.1M
+Net Income 523.0M 609.0M 521.0M 371.0M 138.0M
Net Margin % 15.6% 18.3% 16.4% 13.6% 8.5%
Net Income Attributable 523.0M 609.0M 521.0M 371.0M 138.0M
Minority Interest 98.00 -- -- -- --
Eps Basic 1.00 1.17 1.00 0.71 0.26
Eps Diluted 1.00 1.17 1.00 0.71 0.26
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 770.0M 473.0M 520.0M 1.0B 656.0M
Trading Financial Assets 231.0M 445.0M 460.0M 180.0M 85.0M
Accounts Receivable 514.0M 332.0M 301.0M 237.0M 172.0M
Notes Receivable 4.1M 2.6M -- -- 398.0M
Notes And Accounts Receivable 518.0M 335.0M 301.0M 237.0M 570.0M
Prepayments 48.9M 6.3M 4.5M 5.8M 3.7M
Inventory 1.5B 1.6B 1.6B 1.3B 776.0M
Total Current Assets 3.6B 3.7B 3.6B 3.3B 2.3B
Long Term Equity Investment 487,700 240,200 -- -- --
Fixed Assets -- 475.0M 509.0M 498.0M 537.0M
Fixed Assets Total 621.0M 475.0M 509.0M 498.0M 537.0M
Construction In Progress -- 112.0M 75.1M 1.6M 583,700
Construction In Progress Total 147.0M 112.0M 75.1M 1.6M 583,700
Intangible Assets 234.0M 231.0M 236.0M 70.2M 72.4M
Long Term Deferred Expenses 568,400 98,900 392,100 226,300 469,100
Total Non Current Assets 1.1B 888.0M 886.0M 740.0M 652.0M
Total Assets 4.7B 4.6B 4.5B 4.1B 3.0B
Short Term Borrowings -- -- -- -- --
Accounts Payable 472.0M 481.0M 514.0M 632.0M 348.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 754.0M 887.0M 1.1B 856.0M 628.0M
Total Current Liabilities 1.9B 2.2B 2.4B 2.3B 1.5B
Long Term Borrowings -- -- -- -- --
Total Non Current Liabilities 108.0M 150.0M 159.0M 119.0M 106.0M
Total Liabilities 2.0B 2.3B 2.5B 2.4B 1.6B
Paid In Capital 522.0M 522.0M 522.0M 522.0M 522.0M
Capital Reserve 290.0M 290.0M 290.0M 290.0M 290.0M
Surplus Reserve 270.0M 217.0M 161.0M 110.0M 76.8M
Retained Earnings 1.6B 1.3B 1.0B 720.0M 506.0M
Minority Equity 2.1M -- -- -- --
Equity Attributable 2.7B 2.3B 2.0B 1.6B 1.4B
Total Equity 2.7B 2.3B 2.0B 1.6B 1.4B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 3.4B 3.6B 3.8B 2.9B 1.9B
Tax Refunds Received 78.2M 89.4M 5.3M 1.9M 4.3M
Total Operating Cash Inflow 3.5B 3.8B 4.0B 2.9B 1.9B
Cash Paid For Goods 2.4B 2.4B 3.0B 1.8B 1.0B
Cash Paid To Employees 469.0M 443.0M 390.0M 323.0M 227.0M
Taxes Paid 224.0M 206.0M 216.0M 144.0M 46.9M
Total Operating Cash Outflow 3.3B 3.2B 3.7B 2.5B 1.4B
Operating Cash Flow 249.0M 569.0M 218.0M 438.0M 540.0M
Total Investing Cash Inflow 1.7B 956.0M 425.0M 632.0M 444.0M
Total Investing Cash Outflow 1.5B 1.2B 933.0M 686.0M 549.0M
Investing Cash Flow 203.0M -243.0M -508.0M -54.1M -105.0M
Cash From Borrowings -- -- -- -- --
Dividends And Interest Paid 141.0M 282.0M 186.0M 124.0M 23.5M
Debt Repayments -- -- -- -- --
Total Financing Cash Inflow 2.1M -- -- -- --
Total Financing Cash Outflow 147.0M 289.0M 190.0M 127.0M 23.5M
Financing Cash Flow -145.0M -289.0M -190.0M -127.0M -23.5M
Net Change In Cash 311.0M 30.3M -477.0M 253.0M 406.0M
Ending Cash Balance 770.0M 458.0M 428.0M 905.0M 652.0M
Capex 274.0M 79.2M 282.0M 36.0M 6.4M
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