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祥和实业 — 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 668.0M 641.0M 607.0M 488.0M 273.0M
Revenue Growth % 4.2% 5.6% 24.4% 78.8% --
Total Revenue 668.0M 641.0M 607.0M 488.0M 273.0M
Cost Of Revenue 484.0M 459.0M 451.0M 357.0M 163.0M
+Gross Profit 184.0M 182.0M 156.0M 131.0M 110.0M
Gross Margin % 27.5% 28.4% 25.7% 26.8% 40.3%
Total Operating Cost 588.0M 557.0M 536.0M 421.0M 215.0M
Selling Expenses 6.6M 7.6M 7.6M 9.9M 7.0M
Admin Expenses 44.4M 46.1M 38.3M 34.7M 28.0M
Rd Expenses 40.2M 30.8M 33.0M 18.8M 14.3M
Finance Expenses -7.3M -2.5M -3.1M -4.4M -2.3M
+Operating Income 87.5M 91.8M 82.5M 74.2M 66.1M
Operating Margin % 13.1% 14.3% 13.6% 15.2% 24.2%
Non Operating Income 16,700 20,900 190,200 79,500 63,700
Non Operating Expenses 1.0M 1.1M 372,400 121,900 2.0M
Investment Income 4.9M 4.5M 7.9M 3.9M 5.6M
Asset Disposal Income 14,500 -55,500 -14,500 -54,800 20,900
Asset Impairment Loss 3.6M 3.7M 1.5M 879,900 --
Other Income 2.7M 4.1M 3.9M 2.9M 2.7M
Income Before Tax 86.4M 90.7M 82.3M 74.2M 64.2M
Income Tax 11.0M 14.4M 8.8M 9.1M 8.4M
+Net Income 75.4M 76.3M 73.5M 65.1M 55.8M
Net Margin % 11.3% 11.9% 12.1% 13.3% 20.4%
Net Income Attributable 75.4M 67.1M 66.5M 62.7M 56.6M
Minority Interest 37,700 9.3M 7.0M 2.4M -733,300
Eps Basic 0.22 0.20 0.27 0.26 0.23
Eps Diluted 0.22 0.20 0.27 0.26 0.23
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 393.0M 301.0M 321.0M 290.0M 283.0M
Trading Financial Assets -- 75.0M 21.7M 15.0M 20.0M
Accounts Receivable 375.0M 299.0M 265.0M 263.0M 244.0M
Notes Receivable 495,800 431,000 3.7M 3.4M 618,300
Notes And Accounts Receivable 376.0M 299.0M 269.0M 266.0M 245.0M
Prepayments 2.9M 2.7M 7.5M 2.2M 726,100
Inventory 129.0M 118.0M 119.0M 113.0M 79.5M
Total Current Assets 938.0M 851.0M 776.0M 723.0M 669.0M
Long Term Equity Investment -- -- -- -- --
Fixed Assets -- 265.0M 282.0M 289.0M 120.0M
Fixed Assets Total 245.0M 265.0M 282.0M 289.0M 120.0M
Construction In Progress -- 2.3M 3.2M 8.7M 127.0M
Construction In Progress Total 102.0M 2.3M 3.2M 8.7M 127.0M
Intangible Assets 88.9M 29.4M 30.0M 30.4M 31.2M
Long Term Deferred Expenses 735,900 1.1M 1.0M -- --
Total Non Current Assets 552.0M 373.0M 378.0M 361.0M 294.0M
Total Assets 1.5B 1.2B 1.2B 1.1B 963.0M
Short Term Borrowings 131.0M 69.5M 66.8M 34.6M --
Accounts Payable 136.0M 61.0M 83.4M 89.3M 68.4M
Advance Receipts -- -- -- -- --
Contract Liabilities 620,300 1.0M 1.5M 1.2M --
Total Current Liabilities 389.0M 213.0M 211.0M 184.0M 108.0M
Long Term Borrowings 68.0M 10.0M -- -- --
Total Non Current Liabilities 71.7M 14.1M 3.9M 3.5M 1.7M
Total Liabilities 461.0M 227.0M 215.0M 188.0M 109.0M
Paid In Capital 344.0M 246.0M 246.0M 246.0M 176.0M
Capital Reserve 265.0M 365.0M 359.0M 381.0M 450.0M
Surplus Reserve 66.3M 58.0M 51.9M 46.5M 41.9M
Retained Earnings 348.0M 313.0M 284.0M 254.0M 231.0M
Minority Equity 43.8M 37.7M 28.5M 21.4M 4.3M
Equity Attributable 985.0M 958.0M 911.0M 876.0M 849.0M
Total Equity 1.0B 996.0M 940.0M 897.0M 854.0M
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 635.0M 574.0M 571.0M 415.0M 271.0M
Tax Refunds Received 419,900 807,300 2.3M 2.0M 552,200
Total Operating Cash Inflow 662.0M 589.0M 593.0M 434.0M 280.0M
Cash Paid For Goods 404.0M 369.0M 426.0M 278.0M 92.0M
Cash Paid To Employees 83.6M 72.3M 66.4M 57.1M 40.8M
Taxes Paid 40.1M 52.9M 27.5M 24.8M 16.8M
Total Operating Cash Outflow 582.0M 528.0M 545.0M 397.0M 179.0M
Operating Cash Flow 80.3M 60.1M 47.9M 37.3M 101.0M
Total Investing Cash Inflow 106.0M 63.8M 116.0M 86.1M 156.0M
Total Investing Cash Outflow 201.0M 139.0M 142.0M 135.0M 144.0M
Investing Cash Flow -94.9M -75.0M -26.2M -49.0M 11.8M
Cash From Borrowings 239.0M 87.0M 70.6M 34.4M --
Dividends And Interest Paid 34.7M 33.8M 35.4M 33.2M 52.9M
Debt Repayments 85.0M 80.0M 38.4M -- --
Total Financing Cash Inflow 245.0M 101.0M 89.3M 54.3M 1.7M
Total Financing Cash Outflow 144.0M 114.0M 75.3M 40.0M 103.0M
Financing Cash Flow 100.0M -13.6M 14.0M 14.3M -101.0M
Net Change In Cash 85.8M -27.8M 38.9M 1.4M 9.8M
Ending Cash Balance 375.0M 289.0M 317.0M 278.0M 277.0M
Capex 137.0M 26.8M 9.9M 69.0M 43.9M
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