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移远通信 — 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 18.6B 13.9B 14.2B 11.3B 6.1B
Revenue Growth % 34.1% -2.6% 26.4% 84.4% --
Total Revenue 18.6B 13.9B 14.2B 11.3B 6.1B
Cost Of Revenue 15.3B 11.2B 11.4B 9.3B 4.9B
+Gross Profit 3.3B 2.6B 2.8B 2.0B 1.2B
Gross Margin % 17.6% 18.9% 19.8% 17.6% 20.2%
Total Operating Cost 18.1B 13.9B 13.8B 10.9B 5.9B
Selling Expenses 503.0M 445.0M 455.0M 361.0M 198.0M
Admin Expenses 449.0M 461.0M 340.0M 266.0M 184.0M
Rd Expenses 1.7B 1.6B 1.3B 1.0B 707.0M
Finance Expenses 30.9M 78.3M 110.0M -12.5M -40.5M
+Operating Income 587.0M 82.4M 611.0M 360.0M 173.0M
Operating Margin % 3.2% 0.6% 4.3% 3.2% 2.8%
Non Operating Income 2.0M 2.2M 7.3M 5.4M 8.4M
Non Operating Expenses 11.1M 8.0M 4.5M 4.0M 3.0M
Investment Income 29,600 28.9M 65.3M -11.5M -4.2M
Fair Value Change Income -- -- 23.0M -- -30.4M
Asset Disposal Income 5.3M -79,500 -34,100 -284,100 -317,000
Asset Impairment Loss 77.4M 47.4M 79.1M 5.8M 394,400
Other Income 84.3M 69.8M 49.9M 33.1M 50.7M
Income Before Tax 578.0M 76.6M 613.0M 362.0M 179.0M
Income Tax -434,300 -7.6M -7.0M 3.3M -10.4M
+Net Income 578.0M 84.2M 620.0M 358.0M 189.0M
Net Margin % 3.1% 0.6% 4.4% 3.2% 3.1%
Net Income Attributable 588.0M 90.7M 623.0M 358.0M 189.0M
Minority Interest -10.2M -6.5M -2.3M 277,200 --
Eps Basic 2.23 0.34 2.35 1.92 1.36
Eps Diluted 2.23 0.34 2.35 1.92 1.36
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 1.8B 1.9B 2.2B 1.1B 611.0M
Trading Financial Assets -- -- 23.0M -- --
Accounts Receivable 3.0B 1.7B 2.1B 1.6B 872.0M
Notes Receivable 488.0M 377.0M 288.0M 371.0M --
Notes And Accounts Receivable 3.5B 2.0B 2.3B 1.9B 872.0M
Prepayments 69.4M 101.0M 129.0M 121.0M 88.4M
Inventory 3.3B 3.5B 3.0B 2.7B 1.4B
Total Current Assets 10.1B 8.5B 8.3B 6.6B 3.7B
Long Term Equity Investment 39.4M 39.4M 39.4M 44.5M 40.5M
Fixed Assets -- 1.2B 1.2B 1.1B 572.0M
Fixed Assets Total 1.1B 1.2B 1.2B 1.1B 572.0M
Construction In Progress -- 102.0M 98.4M 30.4M 23.9M
Construction In Progress Total 440.0M 102.0M 98.4M 30.4M 23.9M
Intangible Assets 375.0M 396.0M 378.0M 118.0M 93.9M
Long Term Deferred Expenses 40.9M 67.3M 72.4M 67.9M 68.4M
Total Non Current Assets 2.9B 2.7B 2.0B 1.5B 890.0M
Total Assets 13.0B 11.2B 10.3B 8.1B 4.6B
Short Term Borrowings 730.0M 720.0M 2.0B 1.7B 873.0M
Accounts Payable 4.3B 2.8B 2.0B 1.7B 1.2B
Advance Receipts -- -- -- -- --
Contract Liabilities 228.0M 219.0M 177.0M 88.0M 69.3M
Total Current Liabilities 7.8B 5.6B 5.5B 4.6B 2.6B
Long Term Borrowings 621.0M 1.4B 973.0M 233.0M 89.5M
Total Non Current Liabilities 1.1B 2.0B 1.0B 295.0M 89.5M
Total Liabilities 9.0B 7.6B 6.6B 4.9B 2.7B
Paid In Capital 262.0M 265.0M 189.0M 145.0M 107.0M
Capital Reserve 2.0B 2.1B 2.2B 2.2B 1.2B
Surplus Reserve 143.0M 143.0M 143.0M 87.9M 53.0M
Retained Earnings 1.7B 1.2B 1.3B 810.0M 544.0M
Minority Equity -18.4M -8.4M -530,000 839,100 --
Equity Attributable 4.0B 3.6B 3.7B 3.2B 1.9B
Total Equity 4.0B 3.6B 3.7B 3.2B 1.9B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 15.1B 12.9B 12.7B 8.8B 4.9B
Tax Refunds Received 953.0M 823.0M 879.0M 556.0M 279.0M
Total Operating Cash Inflow 16.1B 13.8B 13.7B 9.5B 5.2B
Cash Paid For Goods 13.2B 10.3B 11.2B 8.6B 4.7B
Cash Paid To Employees 1.7B 1.9B 1.5B 1.0B 657.0M
Taxes Paid 49.8M 48.3M 18.8M 54.6M 24.2M
Total Operating Cash Outflow 15.4B 12.8B 13.2B 10.0B 5.6B
Operating Cash Flow 724.0M 1.0B 502.0M -488.0M -399.0M
Total Investing Cash Inflow 7.6M 90.5M 114.0M 563.0M 303.0M
Total Investing Cash Outflow 281.0M 285.0M 416.0M 1.5B 592.0M
Investing Cash Flow -273.0M -195.0M -302.0M -945.0M -289.0M
Cash From Borrowings 1.3B 1.3B 3.0B 2.2B 2.4B
Dividends And Interest Paid 162.0M 280.0M 144.0M 89.0M 53.3M
Debt Repayments 1.4B 2.1B 2.1B 1.2B 1.7B
Total Financing Cash Inflow 1.3B 1.3B 3.0B 3.2B 2.4B
Total Financing Cash Outflow 1.8B 2.5B 2.2B 1.3B 1.7B
Financing Cash Flow -471.0M -1.2B 787.0M 2.0B 700.0M
Net Change In Cash -34.9M -327.0M 1.1B 523.0M 12.9M
Ending Cash Balance 1.8B 1.9B 2.2B 1.1B 610.0M
Capex 273.0M 285.0M 340.0M 928.0M 551.0M
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