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杭电股份 — 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 8.9B 7.4B 8.1B 7.4B 5.9B
Revenue Growth % 20.2% -9.5% 9.4% 25.2% --
Total Revenue 8.9B 7.4B 8.1B 7.4B 5.9B
Cost Of Revenue 7.8B 6.3B 6.9B 6.4B 5.1B
+Gross Profit 1.1B 1.1B 1.2B 1.1B 840.0M
Gross Margin % 12.0% 15.1% 14.7% 14.3% 14.1%
Total Operating Cost 8.8B 7.2B 7.9B 7.3B 5.9B
Selling Expenses 325.0M 312.0M 315.0M 292.0M 292.0M
Admin Expenses 137.0M 127.0M 125.0M 108.0M 98.3M
Rd Expenses 252.0M 252.0M 256.0M 250.0M 224.0M
Finance Expenses 165.0M 148.0M 180.0M 157.0M 122.0M
+Operating Income 178.0M 163.0M 161.0M 122.0M 91.0M
Operating Margin % 2.0% 2.2% 2.0% 1.6% 1.5%
Non Operating Income 46,000 1.0M 1.3M 1.9M 487,100
Non Operating Expenses 2.0M 2.5M 2.5M 1.7M 1.2M
Investment Income 11.7M -2.1M -73.6M -74.5M 14.7M
Fair Value Change Income 457,200 -4.6M 1.9M -3.2M 2.8M
Asset Disposal Income -929,200 -1.9M 7,800 5.2M -674,700
Asset Impairment Loss 33.0M 66.1M 46.8M 38.0M 8.6M
Other Income 66.5M 17.5M 18.2M 21.0M 12.5M
Income Before Tax 176.0M 161.0M 160.0M 122.0M 90.3M
Income Tax 32.7M 20.6M 7.1M 13.4M 16.9M
+Net Income 144.0M 141.0M 152.0M 109.0M 73.4M
Net Margin % 1.6% 1.9% 1.9% 1.5% 1.2%
Net Income Attributable 138.0M 136.0M 143.0M 99.5M 72.3M
Minority Interest 5.9M 5.1M 9.6M 9.2M 1.1M
Eps Basic 0.20 0.20 0.21 0.14 0.10
Eps Diluted 0.20 0.20 0.21 0.14 0.10
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 945.0M 1.2B 925.0M 966.0M 1.1B
Trading Financial Assets 1.6M -- 101.0M -- 339.0M
Accounts Receivable 3.2B 2.9B 2.9B 2.3B 1.8B
Notes Receivable 37.1M 52.9M 33.0M 141.0M 299.0M
Notes And Accounts Receivable 3.2B 3.0B 2.9B 2.4B 2.1B
Prepayments 18.3M 24.0M 16.1M 27.7M 12.0M
Inventory 1.9B 1.7B 1.7B 1.9B 1.4B
Total Current Assets 7.3B 7.2B 7.0B 6.6B 5.7B
Long Term Equity Investment 83.4M 92.5M 97.4M 102.0M 101.0M
Fixed Assets -- 1.7B 1.7B 1.5B 1.1B
Fixed Assets Total 1.9B 1.7B 1.7B 1.5B 1.1B
Construction In Progress -- 597.0M 235.0M 315.0M 591.0M
Construction In Progress Total 509.0M 597.0M 235.0M 315.0M 591.0M
Intangible Assets 221.0M 227.0M 233.0M 211.0M 217.0M
Long Term Deferred Expenses 714,800 1.1M 1.1M 1.4M 1.2M
Total Non Current Assets 2.8B 2.7B 2.4B 2.1B 2.1B
Total Assets 10.0B 9.9B 9.4B 8.8B 7.8B
Short Term Borrowings 3.4B 2.6B 3.1B 3.0B 2.0B
Accounts Payable 706.0M 571.0M 431.0M 443.0M 414.0M
Advance Receipts 854,600 1.2M 178,600 -- 212,200
Contract Liabilities 308.0M 256.0M 312.0M 256.0M 215.0M
Total Current Liabilities 5.7B 6.0B 5.1B 5.1B 3.6B
Long Term Borrowings 1.1B 802.0M 585.0M 121.0M 537.0M
Total Non Current Liabilities 1.2B 878.0M 1.4B 925.0M 1.3B
Total Liabilities 6.9B 6.9B 6.5B 6.0B 4.9B
Paid In Capital 691.0M 691.0M 691.0M 691.0M 691.0M
Capital Reserve 1.3B 1.1B 1.1B 1.1B 1.2B
Surplus Reserve 167.0M 143.0M 128.0M 114.0M 96.1M
Retained Earnings 876.0M 804.0M 719.0M 624.0M 584.0M
Minority Equity 86.4M 95.5M 87.4M 74.3M 65.6M
Equity Attributable 3.0B 2.9B 2.8B 2.7B 2.8B
Total Equity 3.1B 3.0B 2.9B 2.8B 2.9B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 8.9B 7.6B 8.1B 7.5B 6.1B
Tax Refunds Received 17.6M 10.0M 65.8M 5.9M 4.1M
Total Operating Cash Inflow 9.6B 8.1B 8.6B 8.8B 6.6B
Cash Paid For Goods 8.3B 6.7B 7.2B 8.1B 5.3B
Cash Paid To Employees 255.0M 240.0M 226.0M 197.0M 181.0M
Taxes Paid 183.0M 147.0M 207.0M 87.7M 96.8M
Total Operating Cash Outflow 9.5B 7.8B 8.7B 9.5B 6.6B
Operating Cash Flow 91.2M 272.0M -53.5M -777.0M -9.7M
Total Investing Cash Inflow 48.0M 179.0M 195.0M 620.0M 450.0M
Total Investing Cash Outflow 328.0M 502.0M 561.0M 519.0M 618.0M
Investing Cash Flow -280.0M -323.0M -367.0M 102.0M -168.0M
Cash From Borrowings 5.5B 4.4B 5.7B 4.6B 2.9B
Dividends And Interest Paid 244.0M 147.0M 168.0M 165.0M 169.0M
Debt Repayments 5.1B 4.1B 5.5B 3.6B 2.5B
Total Financing Cash Inflow 5.5B 4.7B 5.9B 4.6B 2.9B
Total Financing Cash Outflow 5.4B 4.4B 5.7B 3.8B 2.7B
Financing Cash Flow 113.0M 340.0M 204.0M 844.0M 181.0M
Net Change In Cash -75.5M 291.0M -217.0M 167.0M -1.9M
Ending Cash Balance 857.0M 932.0M 641.0M 858.0M 691.0M
Capex 280.0M 431.0M 281.0M 163.0M 188.0M
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