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星德胜 — 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 2.5B 2.1B 1.8B 2.3B 1.7B
Revenue Growth % 19.5% 13.6% -21.8% 39.9% --
Total Revenue 2.5B 2.1B 1.8B 2.3B 1.7B
Cost Of Revenue 2.1B 1.7B 1.5B 1.9B 1.4B
+Gross Profit 398.0M 397.0M 333.0M 382.0M 292.0M
Gross Margin % 16.2% 19.3% 18.4% 16.5% 17.7%
Total Operating Cost 2.2B 1.8B 1.6B 2.1B 1.5B
Selling Expenses 22.2M 18.7M 14.4M 14.8M 12.2M
Admin Expenses 67.5M 59.3M 54.3M 66.4M 39.1M
Rd Expenses 91.0M 88.3M 63.8M 69.2M 51.8M
Finance Expenses -16.8M -4.8M -15.0M 5.9M 5.8M
+Operating Income 227.0M 222.0M 211.0M 205.0M 160.0M
Operating Margin % 9.3% 10.8% 11.7% 8.9% 9.7%
Non Operating Income 74,400 747,300 20,500 4,100 950,100
Non Operating Expenses 718,300 633,900 186,500 4.7M 301,000
Investment Income 6.5M -1.4M -419,300 -757,900 -673,400
Fair Value Change Income 144,000 -- -225,300 -- --
Asset Disposal Income -260,900 -313,300 225,000 21,200 -59,800
Asset Impairment Loss 10.3M 8.0M 6.2M 13.9M 7.1M
Other Income 8.9M 8.9M 7.5M 2.9M 722,400
Income Before Tax 226.0M 222.0M 210.0M 200.0M 161.0M
Income Tax 27.6M 26.3M 23.7M 27.7M 22.3M
+Net Income 199.0M 195.0M 187.0M 172.0M 139.0M
Net Margin % 8.1% 9.5% 10.3% 7.4% 8.4%
Net Income Attributable 199.0M 195.0M 187.0M 172.0M 139.0M
Minority Interest -- -- -- -17.00 5,900
Eps Basic 1.09 1.34 1.28 1.22 --
Eps Diluted 1.09 1.34 1.28 1.22 --
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 828.0M 533.0M 347.0M 224.0M 162.0M
Trading Financial Assets 458.0M 10.0M 21.5M -- --
Accounts Receivable 469.0M 396.0M 366.0M 461.0M 423.0M
Notes Receivable 164.0M 143.0M 133.0M 148.0M 106.0M
Notes And Accounts Receivable 633.0M 539.0M 499.0M 609.0M 529.0M
Prepayments 2.7M 2.8M 1.7M 5.6M 7.2M
Inventory 378.0M 270.0M 237.0M 347.0M 311.0M
Total Current Assets 2.4B 1.4B 1.1B 1.2B 1.0B
Fixed Assets -- 164.0M 170.0M 168.0M 162.0M
Fixed Assets Total 195.0M 164.0M 170.0M 168.0M 162.0M
Construction In Progress -- 69.2M 5.3M 5.6M 5.6M
Construction In Progress Total 215.0M 69.2M 5.3M 5.6M 5.6M
Intangible Assets 26.5M 24.5M 15.9M 6.2M 6.8M
Long Term Deferred Expenses 4.1M 1.7M 5.2M 4.4M 9.1M
Total Non Current Assets 489.0M 287.0M 218.0M 217.0M 196.0M
Total Assets 2.9B 1.7B 1.4B 1.4B 1.2B
Short Term Borrowings -- -- -- 70.1M --
Accounts Payable 571.0M 433.0M 311.0M 466.0M 575.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 6.1M 4.4M 4.7M 7.0M 6.2M
Total Current Liabilities 829.0M 688.0M 508.0M 781.0M 840.0M
Total Non Current Liabilities 5.1M 3.3M 2.2M 3.6M --
Total Liabilities 834.0M 691.0M 511.0M 785.0M 840.0M
Paid In Capital 195.0M 146.0M 146.0M 146.0M 136.0M
Capital Reserve 1.2B 373.0M 368.0M 362.0M 3.5M
Surplus Reserve 75.0M 53.5M 33.9M 16.2M 36.8M
Retained Earnings 576.0M 460.0M 284.0M 115.0M 203.0M
Minority Equity -- -- -- -- 10,200
Equity Attributable 2.0B 1.0B 843.0M 648.0M 385.0M
Total Equity 2.0B 1.0B 843.0M 648.0M 385.0M
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 1.8B 1.5B 1.5B 1.7B 1.2B
Tax Refunds Received 33.0M 16.3M 9.6M 42.1M 17.3M
Total Operating Cash Inflow 1.9B 1.6B 1.6B 1.9B 1.3B
Cash Paid For Goods 1.1B 838.0M 799.0M 1.3B 801.0M
Cash Paid To Employees 462.0M 341.0M 278.0M 324.0M 243.0M
Taxes Paid 60.5M 70.4M 63.8M 64.6M 32.5M
Total Operating Cash Outflow 1.7B 1.3B 1.3B 1.9B 1.2B
Operating Cash Flow 171.0M 266.0M 301.0M 33.1M 118.0M
Total Investing Cash Inflow 1.8B 101.0M 14.5M 99,900 45.0M
Total Investing Cash Outflow 2.6B 171.0M 75.8M 58.3M 110.0M
Investing Cash Flow -895.0M -70.7M -61.3M -58.2M -65.1M
Cash From Borrowings -- -- -- 120.0M --
Dividends And Interest Paid 60.3M -- 2.4M 93.5M 1.9M
Debt Repayments -- -- 120.0M -- 38.8M
Total Financing Cash Inflow 861.0M -- -- 193.0M 33.7M
Total Financing Cash Outflow 103.0M 9.1M 127.0M 104.0M 48.3M
Financing Cash Flow 758.0M -9.1M -127.0M 89.2M -14.6M
Net Change In Cash 38.0M 186.0M 123.0M 62.1M 35.1M
Ending Cash Balance 570.0M 532.0M 346.0M 224.0M 162.0M
Capex 170.0M 81.7M 39.3M 58.3M 70.1M
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