海阳科技 - Financials

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020
+Revenue	5.5B	4.1B	4.1B	3.9B	2.8B
Revenue Growth %	34.7%	1.1%	3.0%	43.1%	--
Total Revenue	5.5B	4.1B	4.1B	3.9B	2.8B
Cost Of Revenue	5.1B	3.8B	3.6B	3.4B	2.6B
+Gross Profit	412.0M	334.0M	422.0M	594.0M	206.0M
Gross Margin %	7.4%	8.1%	10.4%	15.0%	7.5%
Total Operating Cost	5.4B	4.0B	3.9B	3.6B	2.7B
Selling Expenses	30.1M	22.9M	19.0M	18.3M	14.1M
Admin Expenses	95.6M	80.8M	102.0M	107.0M	49.9M
Rd Expenses	111.0M	74.3M	80.7M	89.6M	62.9M
Finance Expenses	-9.7M	2.5M	5.3M	25.6M	39.4M
+Operating Income	197.0M	166.0M	200.0M	332.0M	39.3M
Operating Margin %	3.6%	4.0%	4.9%	8.4%	1.4%
Non Operating Income	397,600	1.5M	443,700	313,800	547,100
Non Operating Expenses	951,600	85,300	3.7M	5.3M	1.0M
Investment Income	191,000	236,600	402,500	-1.1M	-2.8M
Fair Value Change Income	51,600	--	--	--	200.00
Asset Disposal Income	29,700	56,100	-450,400	11,900	47,800
Asset Impairment Loss	3.7M	1.1M	5.9M	4.5M	1.2M
Other Income	37.0M	28.6M	8.6M	8.3M	7.1M
Income Before Tax	196.0M	167.0M	196.0M	327.0M	38.8M
Income Tax	22.9M	27.1M	29.9M	44.7M	4.9M
+Net Income	173.0M	140.0M	167.0M	282.0M	33.9M
Net Margin %	3.1%	3.4%	4.1%	7.1%	1.2%
Net Income Attributable	166.0M	125.0M	154.0M	277.0M	34.0M
Minority Interest	7.4M	15.1M	12.5M	5.5M	-144,600
Eps Basic	1.22	0.92	1.13	2.34	0.30
Eps Diluted	1.22	0.92	1.13	2.34	0.30

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020
Cash And Equivalents	335.0M	349.0M	291.0M	300.0M	210.0M
Trading Financial Assets	12.6M	--	--	--	50,200
Accounts Receivable	600.0M	523.0M	411.0M	300.0M	181.0M
Notes Receivable	9.4M	3.9M	1.1M	1.6M	2.2M
Notes And Accounts Receivable	610.0M	526.0M	412.0M	301.0M	183.0M
Prepayments	82.7M	125.0M	61.8M	86.4M	131.0M
Inventory	559.0M	436.0M	368.0M	346.0M	287.0M
Total Current Assets	1.7B	1.5B	1.2B	1.2B	901.0M
Fixed Assets	--	899.0M	598.0M	652.0M	666.0M
Fixed Assets Total	992.0M	899.0M	598.0M	652.0M	666.0M
Construction In Progress	--	158.0M	146.0M	17.5M	28.2M
Construction In Progress Total	88.8M	173.0M	166.0M	38.9M	47.9M
Intangible Assets	84.2M	86.6M	87.9M	90.3M	91.8M
Long Term Deferred Expenses	4.3M	3.3M	3.9M	3.4M	3.8M
Total Non Current Assets	1.3B	1.2B	908.0M	815.0M	841.0M
Total Assets	3.0B	2.7B	2.1B	2.0B	1.7B
Short Term Borrowings	214.0M	251.0M	344.0M	398.0M	481.0M
Accounts Payable	180.0M	208.0M	233.0M	262.0M	75.5M
Contract Liabilities	20.5M	24.1M	13.3M	40.0M	30.5M
Total Current Liabilities	1.4B	1.4B	943.0M	1.0B	1.2B
Long Term Borrowings	178.0M	119.0M	44.1M	--	--
Total Non Current Liabilities	225.0M	165.0M	76.0M	32.7M	23.5M
Total Liabilities	1.6B	1.6B	1.0B	1.1B	1.2B
Paid In Capital	136.0M	136.0M	136.0M	136.0M	112.0M
Capital Reserve	343.0M	351.0M	351.0M	351.0M	234.0M
Surplus Reserve	57.5M	43.1M	37.1M	27.5M	2.9M
Retained Earnings	679.0M	528.0M	429.0M	305.0M	59.7M
Minority Equity	144.0M	129.0M	115.0M	104.0M	98.1M
Equity Attributable	1.2B	1.1B	954.0M	820.0M	409.0M
Total Equity	1.4B	1.2B	1.1B	924.0M	507.0M

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020
Cash From Sales	3.2B	2.7B	2.5B	2.4B	1.9B
Tax Refunds Received	200.0M	147.0M	124.0M	54.5M	21.3M
Total Operating Cash Inflow	3.6B	2.9B	2.7B	2.6B	2.0B
Cash Paid For Goods	2.9B	2.1B	2.1B	2.0B	1.6B
Cash Paid To Employees	233.0M	198.0M	175.0M	160.0M	146.0M
Taxes Paid	54.4M	44.0M	62.4M	56.7M	22.3M
Total Operating Cash Outflow	3.4B	2.6B	2.5B	2.4B	2.0B
Operating Cash Flow	197.0M	338.0M	217.0M	206.0M	66.6M
Total Investing Cash Inflow	114.0M	325.0M	584.0M	674.0M	301.0M
Total Investing Cash Outflow	393.0M	660.0M	758.0M	750.0M	347.0M
Investing Cash Flow	-279.0M	-336.0M	-174.0M	-76.0M	-46.0M
Cash From Borrowings	688.0M	621.0M	749.0M	916.0M	866.0M
Dividends And Interest Paid	14.2M	35.8M	33.7M	27.9M	24.7M
Debt Repayments	618.0M	664.0M	763.0M	922.0M	964.0M
Total Financing Cash Inflow	874.0M	741.0M	749.0M	1.1B	1.5B
Total Financing Cash Outflow	844.0M	741.0M	843.0M	1.1B	1.6B
Financing Cash Flow	30.0M	312,800	-94.4M	37.1M	-37.2M
Net Change In Cash	-31.4M	11.6M	-45.3M	167.0M	-19.5M
Ending Cash Balance	145.0M	177.0M	165.0M	210.0M	43.7M
Capex	267.0M	339.0M	175.0M	77.0M	46.4M