尚纬股份 - Financials

尚纬股份 — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2025Dec 31, 2025	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	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008
+Revenue	1.4B	1.7B	2.2B	2.0B	2.3B	2.0B	2.0B	1.6B	914.0M	558.0M	629.0M	607.0M	987.0M	1.2B	1.3B	1.2B	917.0M	853.0M
Revenue Growth %	-18.7%	-21.4%	9.4%	-14.0%	15.5%	-0.2%	29.1%	72.3%	63.8%	-11.3%	3.6%	-38.5%	-14.5%	-13.3%	11.7%	30.0%	7.5%	--
Total Revenue	1.4B	1.7B	2.2B	2.0B	2.3B	2.0B	2.0B	1.6B	914.0M	558.0M	629.0M	607.0M	987.0M	1.2B	1.3B	1.2B	917.0M	853.0M
Cost Of Revenue	1.2B	1.4B	1.8B	1.6B	2.0B	1.7B	1.6B	1.3B	763.0M	478.0M	532.0M	515.0M	779.0M	853.0M	945.0M	827.0M	592.0M	565.0M
+Gross Profit	212.0M	323.0M	390.0M	375.0M	388.0M	361.0M	436.0M	303.0M	151.0M	80.0M	97.0M	92.0M	208.0M	301.0M	386.0M	365.0M	325.0M	288.0M
Gross Margin %	15.0%	18.6%	17.7%	18.6%	16.6%	17.8%	21.4%	19.2%	16.5%	14.3%	15.4%	15.2%	21.1%	26.1%	29.0%	30.6%	35.4%	33.8%
Total Operating Cost	1.5B	1.7B	2.2B	2.0B	2.4B	2.0B	1.9B	1.5B	900.0M	646.0M	651.0M	676.0M	980.0M	1.1B	1.2B	1.1B	798.0M	755.0M
Selling Expenses	91.8M	109.0M	134.0M	131.0M	142.0M	114.0M	125.0M	96.8M	63.9M	52.9M	45.6M	47.5M	84.5M	80.2M	92.2M	105.0M	108.0M	93.0M
Admin Expenses	91.4M	91.4M	91.7M	87.0M	93.8M	80.5M	76.4M	63.8M	44.7M	71.8M	78.4M	60.4M	77.2M	76.7M	66.4M	87.3M	63.8M	53.9M
Rd Expenses	57.9M	73.0M	98.6M	87.9M	104.0M	78.2M	80.8M	32.9M	17.0M	--	--	--	--	--	--	--	--	--
Finance Expenses	17.8M	19.2M	14.1M	12.8M	31.5M	38.7M	40.6M	22.6M	9.7M	5.9M	8.1M	14.0M	23.2M	40.2M	54.5M	46.6M	24.2M	28.0M
+Operating Income	-38.6M	22.4M	23.9M	19.7M	-32.3M	20.8M	105.0M	57.6M	19.7M	-85.7M	-17.2M	-67.6M	6.9M	91.4M	155.0M	120.0M	119.0M	99.9M
Operating Margin %	-2.7%	1.3%	1.1%	1.0%	-1.4%	1.0%	5.2%	3.7%	2.2%	-15.4%	-2.7%	-11.1%	0.7%	7.9%	11.6%	10.1%	13.0%	11.7%
Non Operating Income	76,600	784,900	485,200	374,700	1.4M	1.1M	8.0M	1.2M	427,800	6.8M	23.1M	3.5M	7.2M	10.8M	5.8M	16.8M	13.8M	9.1M
Non Operating Expenses	13.3M	1.2M	1.4M	1.4M	7.9M	5.2M	2.4M	1.8M	636,000	2.8M	49,900	10.5M	6.2M	3.9M	4.8M	9.4M	9.9M	10.5M
Investment Income	-3.8M	6.7M	-4,193	-8.7M	-2.5M	-28.9M	-3.5M	1.6M	812,300	2.1M	5.2M	1.6M	201,200	147,400	70,000	-2.5M	213,200	2.3M
Fair Value Change Income	--	9,500	--	45,300	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Asset Disposal Income	5.3M	25,700	-280,500	83,800	197,400	569,700	47,000	378,900	-400.00	38,100	--	--	--	--	--	--	--	--
Asset Impairment Loss	6.1M	3.9M	3.1M	21.1M	20.6M	1.7M	1.6M	19.5M	-14.2M	29.3M	-16.2M	36.1M	10.5M	7.5M	6.7M	-3.3M	741,100	11.0M
Other Income	20.8M	19.4M	25.5M	8.4M	11.3M	21.5M	12.2M	4.3M	4.6M	--	--	--	--	--	--	--	--	--
Income Before Tax	-51.8M	22.0M	23.0M	18.6M	-38.8M	16.7M	110.0M	57.0M	19.5M	-81.7M	5.9M	-74.6M	7.9M	98.3M	156.0M	127.0M	123.0M	98.5M
Income Tax	-4.5M	6.0M	3.0M	1.4M	-484,400	1.9M	8.1M	-1.0M	2.6M	-4.2M	2.6M	-5.4M	1.4M	15.3M	23.6M	22.4M	24.6M	18.8M
+Net Income	-47.3M	16.0M	20.0M	17.2M	-38.3M	14.8M	102.0M	58.0M	16.9M	-77.6M	3.3M	-69.2M	6.5M	83.1M	133.0M	105.0M	98.5M	79.7M
Net Margin %	-3.4%	0.9%	0.9%	0.9%	-1.6%	0.7%	5.0%	3.7%	1.8%	-13.9%	0.5%	-11.4%	0.7%	7.2%	10.0%	8.8%	10.7%	9.3%
Net Income Attributable	-47.3M	16.3M	20.4M	18.3M	-30.9M	16.5M	104.0M	58.0M	16.9M	-77.6M	3.3M	-69.2M	6.5M	83.1M	133.0M	105.0M	98.5M	79.9M
Minority Interest	-45,700	-343,400	-481,800	-1.0M	-7.4M	-1.7M	-1.5M	--	--	--	--	--	--	--	--	--	--	-218,200
Eps Basic	-0.08	0.03	0.03	0.03	-0.06	0.03	0.20	0.11	0.03	-0.15	0.01	-0.13	0.01	0.18	0.34	0.42	0.39	0.32
Eps Diluted	-0.08	0.03	0.03	0.03	-0.06	0.03	0.20	0.11	0.03	-0.15	0.01	-0.13	0.01	0.18	--	0.42	0.39	0.32

Line Item	FY 2025Dec 31, 2025	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	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008
Cash And Equivalents	901.0M	475.0M	550.0M	805.0M	972.0M	610.0M	380.0M	139.0M	164.0M	185.0M	140.0M	89.8M	243.0M	828.0M	309.0M	348.0M	98.3M	52.1M
Trading Financial Assets	1.8M	20.0M	--	45,300	--	--	--	--	--	--	--	--	--	--	--	--	--	1.0M
Accounts Receivable	769.0M	1.0B	1.2B	1.1B	994.0M	809.0M	1.2B	1.0B	560.0M	475.0M	505.0M	557.0M	684.0M	671.0M	612.0M	493.0M	447.0M	338.0M
Notes Receivable	92.8M	160.0M	217.0M	243.0M	345.0M	350.0M	123.0M	110.0M	236.0M	135.0M	117.0M	110.0M	148.0M	38.5M	36.0M	43.4M	13.6M	19.0M
Notes And Accounts Receivable	862.0M	1.2B	1.4B	1.4B	1.3B	1.2B	1.3B	1.1B	796.0M	610.0M	622.0M	667.0M	832.0M	710.0M	648.0M	537.0M	461.0M	357.0M
Prepayments	3.8M	7.4M	7.0M	20.3M	44.5M	8.2M	21.4M	53.5M	9.6M	7.7M	8.4M	5.7M	2.1M	8.3M	36.8M	8.4M	3.9M	8.3M
Inventory	275.0M	241.0M	263.0M	298.0M	336.0M	248.0M	226.0M	189.0M	112.0M	98.4M	100.0M	86.0M	96.8M	101.0M	103.0M	142.0M	93.6M	72.0M
Total Current Assets	2.3B	2.1B	2.4B	2.7B	3.0B	2.4B	2.2B	1.5B	1.1B	914.0M	961.0M	866.0M	1.2B	1.7B	1.1B	1.1B	708.0M	537.0M
Long Term Equity Investment	271.0M	245.0M	247.0M	137.0M	22.2M	23.4M	13.6M	12.2M	--	--	--	--	--	21.0M	21.0M	21.0M	5.0M	1.5M
Fixed Assets	556.0M	587.0M	508.0M	535.0M	569.0M	577.0M	524.0M	519.0M	533.0M	564.0M	592.0M	646.0M	336.0M	311.0M	214.0M	224.0M	223.0M	175.0M
Fixed Assets Total	556.0M	587.0M	508.0M	535.0M	569.0M	577.0M	524.0M	519.0M	533.0M	564.0M	592.0M	646.0M	336.0M	311.0M	214.0M	224.0M	223.0M	175.0M
Construction In Progress	675.0M	14.3M	91.9M	11.7M	11.1M	51.1M	86.9M	69.0M	64.6M	72.1M	89.4M	85.0M	392.0M	353.0M	235.0M	90.9M	26.5M	24.5M
Construction In Progress Total	810.0M	14.4M	91.9M	11.8M	11.1M	51.1M	86.9M	69.0M	64.6M	72.2M	89.5M	85.0M	392.0M	353.0M	235.0M	90.9M	26.5M	24.5M
Intangible Assets	226.0M	55.0M	57.1M	59.3M	61.9M	60.7M	61.1M	62.8M	64.3M	65.8M	67.5M	69.3M	71.3M	72.8M	74.0M	76.1M	27.0M	26.8M
Long Term Deferred Expenses	12.1M	4.9M	5.5M	2.8M	1.6M	1.7M	435,600	87,500	156,800	300,400	117,400	303,600	705,900	325,900	1.0M	2.2M	2.5M	3.4M
Total Non Current Assets	2.3B	988.0M	997.0M	845.0M	750.0M	778.0M	761.0M	714.0M	712.0M	755.0M	797.0M	852.0M	830.0M	766.0M	551.0M	421.0M	288.0M	239.0M
Total Assets	4.5B	3.1B	3.4B	3.6B	3.8B	3.2B	2.9B	2.2B	1.8B	1.7B	1.8B	1.7B	2.0B	2.4B	1.7B	1.5B	996.0M	777.0M
Short Term Borrowings	478.0M	412.0M	544.0M	715.0M	800.0M	708.0M	705.0M	470.0M	195.0M	128.0M	128.0M	84.0M	326.0M	298.0M	417.0M	495.0M	291.0M	207.0M
Accounts Payable	190.0M	128.0M	152.0M	124.0M	115.0M	114.0M	164.0M	151.0M	65.5M	62.1M	63.7M	58.4M	56.9M	94.9M	70.7M	64.8M	81.9M	74.1M
Advance Receipts	265,100	130,200	346,300	147,900	--	185,300	27.2M	76.7M	49.9M	4.5M	6.9M	7.4M	7.6M	4.6M	15.5M	14.3M	16.9M	27.4M
Contract Liabilities	12.2M	3.6M	7.4M	15.5M	38.7M	31.5M	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	1.1B	844.0M	1.1B	1.4B	1.7B	1.6B	1.3B	787.0M	344.0M	217.0M	225.0M	184.0M	419.0M	806.0M	730.0M	742.0M	475.0M	409.0M
Long Term Borrowings	821.0M	97.0M	47.0M	49.0M	--	32.0M	44.0M	--	--	--	--	--	--	--	195.0M	130.0M	85.0M	30.0M
Total Non Current Liabilities	920.0M	135.0M	86.6M	94.1M	56.3M	78.3M	92.1M	43.9M	46.8M	49.6M	52.4M	56.3M	56.0M	56.3M	237.0M	149.0M	85.0M	30.0M
Total Liabilities	2.0B	979.0M	1.2B	1.5B	1.7B	1.6B	1.4B	831.0M	390.0M	267.0M	278.0M	240.0M	475.0M	862.0M	967.0M	892.0M	560.0M	439.0M
Paid In Capital	622.0M	622.0M	622.0M	622.0M	622.0M	520.0M	520.0M	520.0M	520.0M	520.0M	520.0M	520.0M	520.0M	520.0M	260.0M	260.0M	200.0M	200.0M
Capital Reserve	1.1B	1.1B	1.1B	1.1B	1.1B	639.0M	638.0M	630.0M	655.0M	655.0M	655.0M	655.0M	655.0M	655.0M	153.0M	153.0M	98.3M	102.0M
Surplus Reserve	60.2M	50.2M	50.2M	50.2M	50.2M	50.2M	48.8M	43.5M	40.4M	40.0M	40.0M	39.2M	39.2M	38.6M	31.2M	18.7M	12.8M	3.0M
Retained Earnings	275.0M	339.0M	329.0M	308.0M	290.0M	321.0M	337.0M	254.0M	205.0M	188.0M	266.0M	263.0M	334.0M	354.0M	278.0M	158.0M	125.0M	32.3M
Minority Equity	490.0M	-1.8M	-1.4M	-932,900	92,200	7.5M	8.0M	--	--	--	--	--	--	--	--	--	--	--
Equity Attributable	2.0B	2.1B	2.1B	2.1B	2.1B	1.5B	1.5B	1.4B	1.4B	1.4B	1.5B	1.5B	1.5B	1.6B	722.0M	589.0M	436.0M	337.0M
Total Equity	2.5B	2.1B	2.1B	2.1B	2.1B	1.5B	1.5B	1.4B	1.4B	1.4B	1.5B	1.5B	1.5B	1.6B	722.0M	589.0M	436.0M	337.0M

Line Item	FY 2025Dec 31, 2025	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	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008
Cash From Sales	1.6B	1.8B	2.0B	1.9B	1.7B	1.7B	1.6B	1.2B	947.0M	625.0M	798.0M	847.0M	1.0B	1.3B	1.4B	1.3B	950.0M	911.0M
Tax Refunds Received	--	--	--	4.2M	--	--	--	2.5M	723,200	964,300	--	--	--	--	--	--	--	--
Total Operating Cash Inflow	1.7B	1.9B	2.2B	2.1B	1.8B	1.8B	1.8B	1.3B	951.0M	630.0M	825.0M	851.0M	1.0B	1.3B	1.5B	1.4B	970.0M	972.0M
Cash Paid For Goods	1.2B	1.3B	1.6B	1.5B	1.5B	1.0B	1.3B	1.2B	840.0M	490.0M	579.0M	544.0M	929.0M	952.0M	1.1B	952.0M	663.0M	723.0M
Cash Paid To Employees	146.0M	146.0M	145.0M	146.0M	140.0M	132.0M	123.0M	94.9M	72.0M	64.7M	59.5M	58.8M	91.6M	97.3M	64.1M	50.0M	41.5M	30.5M
Taxes Paid	38.6M	42.7M	43.7M	67.7M	61.1M	87.9M	49.7M	51.7M	47.1M	33.7M	33.2M	28.8M	67.3M	87.6M	99.1M	87.6M	96.4M	70.3M
Total Operating Cash Outflow	1.5B	1.8B	2.0B	2.0B	2.0B	1.5B	1.7B	1.5B	1.0B	660.0M	722.0M	697.0M	1.2B	1.2B	1.4B	1.2B	960.0M	942.0M
Operating Cash Flow	178.0M	151.0M	143.0M	133.0M	-231.0M	328.0M	53.4M	-216.0M	-84.5M	-29.4M	103.0M	154.0M	-150.0M	94.5M	92.1M	144.0M	10.2M	30.0M
Total Investing Cash Inflow	142.0M	9.3M	4.0M	4,980	51.1M	660.0M	256.0M	172.0M	341.0M	542.0M	164.0M	799.0M	792,900	716,300	943,200	5.4M	10.2M	3.5M
Total Investing Cash Outflow	60.4M	77.0M	209.0M	165.0M	34.4M	688.0M	350.0M	209.0M	347.0M	469.0M	249.0M	860.0M	106.0M	177.0M	205.0M	168.0M	79.6M	81.5M
Investing Cash Flow	81.2M	-67.7M	-205.0M	-165.0M	16.7M	-27.9M	-93.9M	-36.9M	-5.9M	73.4M	-85.3M	-60.8M	-105.0M	-176.0M	-205.0M	-163.0M	-69.5M	-78.0M
Cash From Borrowings	631.0M	706.0M	707.0M	847.0M	773.0M	1.0B	866.0M	470.0M	235.0M	128.0M	140.0M	128.0M	346.0M	527.0M	714.0M	736.0M	360.0M	207.0M
Dividends And Interest Paid	26.4M	28.4M	20.4M	21.1M	23.0M	68.9M	57.1M	24.6M	7.8M	6.8M	8.4M	17.4M	60.4M	44.7M	62.8M	58.4M	24.8M	25.5M
Debt Repayments	520.0M	757.0M	849.0M	912.0M	719.0M	1.0B	584.0M	195.0M	168.0M	128.0M	96.0M	370.0M	318.0M	896.0M	672.0M	487.0M	231.0M	115.0M
Total Financing Cash Inflow	698.0M	717.0M	753.0M	932.0M	1.5B	1.0B	877.0M	498.0M	235.0M	128.0M	141.0M	137.0M	392.0M	1.6B	773.0M	811.0M	370.0M	207.0M
Total Financing Cash Outflow	568.0M	864.0M	921.0M	1.0B	958.0M	1.1B	708.0M	280.0M	176.0M	135.0M	104.0M	387.0M	678.0M	946.0M	743.0M	617.0M	271.0M	171.0M
Financing Cash Flow	130.0M	-147.0M	-168.0M	-67.3M	551.0M	-96.3M	170.0M	219.0M	59.2M	-6.8M	36.9M	-250.0M	-286.0M	685.0M	29.2M	194.0M	98.6M	35.5M
Net Change In Cash	389.0M	-63.6M	-230.0M	-98.6M	336.0M	203.0M	129.0M	-33.6M	-31.3M	37.3M	54.5M	-158.0M	-542.0M	603.0M	-83.2M	175.0M	39.4M	-12.4M
Ending Cash Balance	747.0M	358.0M	421.0M	651.0M	750.0M	414.0M	211.0M	81.3M	115.0M	146.0M	109.0M	54.4M	212.0M	754.0M	151.0M	234.0M	58.8M	19.4M
Capex	30.4M	57.0M	96.4M	32.6M	19.3M	45.3M	48.3M	15.7M	6.8M	8.8M	10.8M	63.2M	106.0M	177.0M	152.0M	147.0M	74.1M	73.9M