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苏垦农发 — 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 10.9B 12.2B 12.7B 11.4B 8.6B
Revenue Growth % -10.3% -4.4% 11.9% 32.0% --
Total Revenue 10.9B 12.2B 12.7B 11.4B 8.6B
Cost Of Revenue 9.3B 10.5B 11.0B 9.7B 7.3B
+Gross Profit 1.6B 1.6B 1.7B 1.7B 1.3B
Gross Margin % 14.5% 13.3% 13.4% 14.7% 15.0%
Total Operating Cost 10.5B 11.7B 12.2B 10.9B 8.2B
Selling Expenses 204.0M 197.0M 192.0M 182.0M 305.0M
Admin Expenses 560.0M 590.0M 603.0M 604.0M 478.0M
Rd Expenses 106.0M 82.4M 73.4M 64.9M 48.0M
Finance Expenses 218.0M 238.0M 252.0M 284.0M 2.0M
+Operating Income 802.0M 863.0M 924.0M 868.0M 756.0M
Operating Margin % 7.3% 7.1% 7.3% 7.6% 8.8%
Non Operating Income 8.8M 4.5M 6.7M 11.6M 17.1M
Non Operating Expenses 7.6M 11.0M 6.3M 31.8M 7.2M
Investment Income 49.5M 39.6M 44.9M 49.2M 61.0M
Fair Value Change Income -2.4M 18,200 -- 250,900 -4.6M
Asset Disposal Income 6.4M 5.2M 15.0M 25.6M 672,800
Asset Impairment Loss 59.0M 39.4M 35.6M 40.9M 42.4M
Other Income 353.0M 376.0M 356.0M 313.0M 295.0M
Income Before Tax 803.0M 856.0M 924.0M 848.0M 766.0M
Income Tax 49.7M 38.8M 56.2M 56.8M 54.2M
+Net Income 754.0M 817.0M 868.0M 791.0M 712.0M
Net Margin % 6.9% 6.7% 6.8% 7.0% 8.3%
Net Income Attributable 730.0M 816.0M 826.0M 746.0M 670.0M
Minority Interest 23.7M 961,600 41.9M 45.5M 41.9M
Eps Basic 0.53 0.59 0.60 0.54 0.49
Eps Diluted 0.53 0.59 0.60 0.54 0.49
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 691.0M 626.0M 684.0M 915.0M 953.0M
Trading Financial Assets 2.1B 2.4B 2.0B 2.3B 2.0B
Accounts Receivable 561.0M 591.0M 693.0M 478.0M 218.0M
Notes Receivable 14.0M 6.0M 27.1M 10.5M --
Notes And Accounts Receivable 575.0M 597.0M 720.0M 489.0M 218.0M
Prepayments 292.0M 396.0M 419.0M 416.0M 549.0M
Inventory 3.7B 3.5B 3.9B 3.7B 2.8B
Total Current Assets 7.7B 7.7B 7.9B 8.1B 6.7B
Long Term Equity Investment 3.5M 2.7M 2.4M 2.1M --
Fixed Assets -- 1.8B 1.8B 1.7B 1.6B
Fixed Assets Total 2.1B 1.8B 1.8B 1.7B 1.6B
Construction In Progress -- 216.0M 43.5M 38.3M 17.4M
Construction In Progress Total 260.0M 216.0M 43.5M 38.3M 17.4M
Intangible Assets 283.0M 293.0M 245.0M 217.0M 198.0M
Long Term Deferred Expenses 6.3M 4.9M 4.2M 5.2M 10.8M
Total Non Current Assets 6.7B 6.7B 6.6B 6.7B 2.0B
Total Assets 14.4B 14.4B 14.6B 14.8B 8.7B
Short Term Borrowings 173.0M 203.0M 620.0M 420.0M 186.0M
Accounts Payable 426.0M 364.0M 380.0M 285.0M 287.0M
Advance Receipts 184.0M 313.0M 220.0M 194.0M 188.0M
Contract Liabilities 274.0M 336.0M 486.0M 798.0M 374.0M
Total Current Liabilities 2.4B 2.5B 2.8B 3.2B 1.7B
Long Term Borrowings 27.0M 30.0M 30.0M -- --
Total Non Current Liabilities 4.7B 4.9B 5.1B 5.2B 268.0M
Total Liabilities 7.1B 7.3B 7.9B 8.4B 2.0B
Paid In Capital 1.4B 1.4B 1.4B 1.4B 1.4B
Capital Reserve 2.3B 2.3B 2.3B 2.6B 2.0B
Surplus Reserve 512.0M 446.0M 389.0M 341.0M 378.0M
Retained Earnings 2.6B 2.5B 2.1B 1.7B 2.6B
Minority Equity 418.0M 464.0M 484.0M 433.0M 379.0M
Equity Attributable 6.9B 6.6B 6.2B 6.0B 6.3B
Total Equity 7.3B 7.1B 6.7B 6.4B 6.7B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 11.8B 13.3B 13.2B 12.8B 9.4B
Tax Refunds Received 49,000 2.1M 61.2M 3.6M --
Total Operating Cash Inflow 13.3B 15.1B 14.7B 14.6B 10.6B
Cash Paid For Goods 9.2B 9.7B 10.7B 10.4B 7.6B
Cash Paid To Employees 1.3B 1.4B 1.4B 1.3B 978.0M
Taxes Paid 115.0M 113.0M 139.0M 111.0M 64.3M
Total Operating Cash Outflow 11.8B 12.8B 13.6B 13.5B 9.8B
Operating Cash Flow 1.5B 2.3B 1.1B 1.1B 770.0M
Total Investing Cash Inflow 10.2B 9.7B 11.5B 11.4B 11.4B
Total Investing Cash Outflow 10.4B 10.6B 11.5B 11.9B 11.5B
Investing Cash Flow -198.0M -903.0M -33.1M -446.0M -134.0M
Cash From Borrowings 142.0M 368.0M 1.5B 894.0M 310.0M
Dividends And Interest Paid 583.0M 452.0M 372.0M 334.0M 299.0M
Debt Repayments 142.0M 784.0M 1.3B 805.0M 275.0M
Total Financing Cash Inflow 147.0M 370.0M 2.7B 2.3B 821.0M
Total Financing Cash Outflow 1.4B 1.8B 4.0B 3.0B 1.1B
Financing Cash Flow -1.3B -1.5B -1.3B -717.0M -268.0M
Net Change In Cash -1.2M -50.3M -232.0M -63.2M 368.0M
Ending Cash Balance 613.0M 614.0M 665.0M 897.0M 948.0M
Capex 543.0M 539.0M 338.0M 234.0M 266.0M
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