锦和商管 - Financials

锦和商管 — 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
+Revenue	947.0M	1.0B	1.0B	882.0M	909.0M	739.0M	822.0M	800.0M	644.0M	530.0M	471.0M	394.0M	337.0M	260.0M	183.0M
Revenue Growth %	-6.1%	-2.3%	17.0%	-3.0%	23.0%	-10.1%	2.8%	24.2%	21.5%	12.5%	19.5%	16.9%	29.6%	42.1%	--
Total Revenue	947.0M	1.0B	1.0B	882.0M	909.0M	739.0M	822.0M	800.0M	644.0M	530.0M	471.0M	394.0M	337.0M	260.0M	183.0M
Cost Of Revenue	719.0M	748.0M	736.0M	524.0M	552.0M	488.0M	514.0M	486.0M	420.0M	332.0M	268.0M	233.0M	173.0M	126.0M	86.8M
+Gross Profit	228.0M	260.0M	296.0M	358.0M	357.0M	251.0M	308.0M	314.0M	224.0M	198.0M	203.0M	161.0M	164.0M	134.0M	96.2M
Gross Margin %	24.1%	25.8%	28.7%	40.6%	39.3%	34.0%	37.5%	39.2%	34.8%	37.4%	43.1%	40.9%	48.7%	51.5%	52.6%
Total Operating Cost	1.2B	1.1B	1.1B	825.0M	817.0M	587.0M	612.0M	575.0M	506.0M	419.0M	347.0M	300.0M	222.0M	161.0M	110.0M
Selling Expenses	36.8M	46.3M	44.2M	34.1M	24.5M	20.2M	17.3M	13.2M	20.4M	14.6M	10.7M	8.7M	5.1M	2.8M	1.9M
Admin Expenses	55.2M	81.1M	84.0M	85.9M	81.2M	72.0M	65.1M	58.6M	47.2M	46.3M	33.9M	30.5M	26.4M	19.1M	12.4M
Rd Expenses	2.2M	2.2M	2.6M	2.0M	1.4M	1.9M	1.6M	677,100	--	--	--	--	--	--	--
Finance Expenses	160.0M	185.0M	168.0M	169.0M	152.0M	-1.6M	8.4M	11.8M	13.1M	10.1M	9.2M	6.2M	-147,800	-264,400	225,100
+Operating Income	-224.0M	-38.1M	63.5M	59.7M	110.0M	186.0M	235.0M	240.0M	155.0M	125.0M	123.0M	95.6M	115.0M	99.2M	72.9M
Operating Margin %	-23.7%	-3.8%	6.2%	6.8%	12.1%	25.2%	28.6%	30.0%	24.1%	23.6%	26.1%	24.3%	34.1%	38.1%	39.8%
Non Operating Income	54.4M	55.4M	58.8M	55.7M	53.1M	22.8M	6.0M	634,700	3.7M	9.0M	6.4M	6.8M	6.1M	6.0M	6.5M
Non Operating Expenses	1.0M	202,800	4.0M	62,400	6.6M	753,400	7.8M	362,500	390,200	1.9M	194,400	217,200	134,400	8,000	74,200
Investment Income	1.1M	13.2M	-415,200	-13.2M	1.6M	15.4M	10.3M	8.7M	9.2M	13.3M	-832,800	1.3M	738,500	429,500	558,100
Fair Value Change Income	60.1M	60.3M	-2.6M	-442,300	325,400	-71,900	11,700	--	--	--	--	--	-46,300	46,300	--
Asset Disposal Income	-1.9M	6.4M	80.7M	-1.9M	--	--	200.00	66,200	105,700	--	62,900	--	--	--	--
Asset Impairment Loss	241.0M	69.1M	21.7M	468,600	--	1.0M	--	14,800	584,900	149,600	-82,100	183,400	103,700	25,900	-604,800
Other Income	15.4M	16.4M	15.9M	18.2M	16.4M	18.4M	14.0M	6.7M	7.4M	--	--	--	--	--	--
Income Before Tax	-171.0M	17.1M	118.0M	115.0M	157.0M	208.0M	233.0M	240.0M	158.0M	132.0M	130.0M	102.0M	121.0M	105.0M	79.3M
Income Tax	2.5M	20.8M	35.1M	33.2M	37.9M	52.0M	53.5M	63.1M	39.6M	32.1M	34.2M	27.1M	31.6M	27.0M	20.3M
+Net Income	-173.0M	-3.7M	83.2M	82.2M	119.0M	156.0M	179.0M	177.0M	118.0M	100.0M	95.3M	75.1M	89.8M	78.1M	59.0M
Net Margin %	-18.3%	-0.4%	8.1%	9.3%	13.1%	21.1%	21.8%	22.1%	18.3%	18.9%	20.2%	19.1%	26.6%	30.0%	32.2%
Net Income Attributable	-119.0M	14.8M	98.8M	97.0M	124.0M	156.0M	179.0M	177.0M	118.0M	100.0M	95.4M	75.8M	89.4M	77.2M	58.8M
Minority Interest	-54.5M	-18.4M	-15.7M	-14.9M	-5.3M	177,500	406,800	270,900	204,900	-34,400	-87,400	-694,800	369,500	842,600	194,400
Eps Basic	-0.25	0.03	0.21	0.21	0.26	0.35	0.47	0.47	0.31	0.27	0.25	0.36	0.43	0.37	--
Eps Diluted	-0.25	0.03	0.21	0.21	0.26	0.35	0.47	0.47	0.31	0.27	0.25	0.36	0.43	0.37	--

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
Cash And Equivalents	160.0M	245.0M	162.0M	273.0M	247.0M	629.0M	183.0M	203.0M	86.7M	69.0M	27.8M	23.6M	16.1M	55.6M	31.2M
Trading Financial Assets	58.1M	90.1M	130.0M	100.0M	70.2M	--	--	--	--	--	--	--	--	20.0M	--
Accounts Receivable	191.0M	131.0M	76.6M	86.6M	46.2M	23.7M	21.2M	17.9M	15.6M	7.4M	--	6.7M	2.3M	1.2M	1.1M
Notes And Accounts Receivable	191.0M	131.0M	76.6M	86.6M	46.2M	23.7M	21.2M	17.9M	15.6M	7.4M	5.7M	6.7M	2.3M	1.2M	1.1M
Prepayments	19.0M	8.8M	10.2M	3.3M	42.5M	59.0M	32.5M	33.7M	27.2M	27.0M	36.0M	28.6M	33.5M	18.9M	5.1M
Total Current Assets	484.0M	531.0M	452.0M	548.0M	452.0M	747.0M	247.0M	264.0M	140.0M	111.0M	69.9M	59.8M	52.7M	135.0M	41.2M
Long Term Equity Investment	12.0M	12.2M	14.1M	205.0M	202.0M	33.9M	46.3M	38.4M	16.4M	27.5M	69.7M	70.9M	15.1M	15.9M	15.7M
Fixed Assets	2.4M	3.0M	3.5M	5.3M	6.2M	7.6M	9.3M	9.9M	9.2M	9.6M	--	2.3M	1.9M	2.1M	2.0M
Fixed Assets Total	2.4M	3.0M	3.5M	5.3M	6.2M	7.6M	9.3M	9.9M	9.2M	9.6M	2.7M	2.3M	1.9M	2.1M	2.0M
Construction In Progress	--	212,300	104,200	1.9M	20.9M	3.1M	2.0M	12.1M	11.1M	170.0M	--	34.9M	83.9M	58.7M	--
Construction In Progress Total	--	212,300	104,200	1.9M	20.9M	3.1M	2.0M	12.1M	11.1M	170.0M	56.2M	34.9M	83.9M	58.7M	--
Intangible Assets	1.7M	2.5M	3.8M	6.0M	7.3M	74.9M	87.8M	93.6M	105.0M	75.9M	63.4M	69.6M	75.1M	81.0M	56.0M
Long Term Deferred Expenses	596.0M	683.0M	768.0M	708.0M	700.0M	694.0M	763.0M	716.0M	730.0M	506.0M	428.0M	432.0M	307.0M	206.0M	166.0M
Total Non Current Assets	4.1B	5.0B	5.2B	4.7B	4.9B	1.1B	1.0B	1.0B	1.0B	942.0M	685.0M	662.0M	520.0M	365.0M	240.0M
Total Assets	4.6B	5.5B	5.6B	5.3B	5.4B	1.9B	1.3B	1.3B	1.2B	1.1B	755.0M	722.0M	573.0M	500.0M	282.0M
Short Term Borrowings	--	--	--	--	--	--	--	146.0M	146.0M	103.0M	39.8M	57.6M	--	--	--
Accounts Payable	37.2M	66.2M	131.0M	68.7M	50.1M	70.5M	82.9M	68.4M	81.3M	95.3M	--	36.1M	29.2M	6.2M	3.4M
Advance Receipts	41.0M	38.2M	37.0M	39.4M	41.6M	40.8M	56.9M	62.6M	64.5M	51.3M	41.1M	40.4M	30.2M	26.3M	19.1M
Contract Liabilities	18.5M	18.5M	15.7M	12.2M	14.2M	9.9M	--	--	--	--	--	--	--	--	--
Total Current Liabilities	750.0M	922.0M	905.0M	873.0M	785.0M	316.0M	373.0M	538.0M	540.0M	520.0M	264.0M	242.0M	141.0M	110.0M	101.0M
Long Term Borrowings	--	--	--	--	--	--	19.1M	26.8M	23.2M	63.5M	37.9M	42.0M	--	--	28.0M
Total Non Current Liabilities	3.1B	3.5B	3.5B	3.2B	3.3B	9.7M	27.7M	34.4M	29.3M	70.2M	43.6M	45.5M	841,700	954,000	28.0M
Total Liabilities	3.8B	4.4B	4.4B	4.0B	4.1B	326.0M	400.0M	573.0M	569.0M	590.0M	308.0M	287.0M	142.0M	111.0M	129.0M
Paid In Capital	472.0M	472.0M	472.0M	472.0M	472.0M	472.0M	378.0M	378.0M	210.0M	210.0M	210.0M	210.0M	210.0M	210.0M	80.0M
Capital Reserve	591.0M	590.0M	601.0M	600.0M	599.0M	598.0M	6.1M	6.1M	86.2M	85.4M	84.7M	84.7M	84.7M	87.5M	3.9M
Surplus Reserve	151.0M	136.0M	121.0M	109.0M	94.2M	105.0M	86.2M	68.9M	54.3M	41.7M	30.4M	21.3M	12.4M	4.3M	5.3M
Retained Earnings	-469.0M	-179.0M	-75.3M	-57.5M	-36.2M	370.0M	412.0M	250.0M	232.0M	126.0M	122.0M	119.0M	124.0M	81.3M	59.1M
Minority Equity	-21.6M	33.2M	73.4M	106.0M	121.0M	465,700	288,200	-118,600	-389,400	-594,400	-560,000	-471,800	223,100	5.3M	4.6M
Equity Attributable	745.0M	1.0B	1.1B	1.1B	1.1B	1.5B	882.0M	703.0M	582.0M	463.0M	448.0M	435.0M	431.0M	383.0M	148.0M
Total Equity	724.0M	1.1B	1.2B	1.2B	1.3B	1.5B	883.0M	703.0M	582.0M	463.0M	447.0M	434.0M	431.0M	388.0M	153.0M

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
Cash From Sales	1.0B	1.0B	1.1B	917.0M	947.0M	776.0M	836.0M	826.0M	680.0M	555.0M	468.0M	396.0M	338.0M	262.0M	191.0M
Tax Refunds Received	--	--	1.3M	8.3M	13.7M	97,500	1.3M	--	--	--	--	--	--	--	--
Total Operating Cash Inflow	1.2B	1.3B	1.4B	1.1B	1.1B	844.0M	897.0M	868.0M	755.0M	606.0M	503.0M	428.0M	378.0M	335.0M	223.0M
Cash Paid For Goods	141.0M	144.0M	177.0M	99.1M	198.0M	418.0M	402.0M	406.0M	362.0M	328.0M	216.0M	173.0M	155.0M	116.0M	81.3M
Cash Paid To Employees	132.0M	152.0M	165.0M	137.0M	98.7M	79.7M	81.0M	63.8M	53.6M	46.1M	39.5M	36.8M	29.8M	16.7M	9.5M
Taxes Paid	123.0M	97.7M	103.0M	106.0M	95.2M	85.5M	93.6M	93.2M	77.7M	73.8M	61.0M	57.1M	49.4M	43.3M	21.4M
Total Operating Cash Outflow	566.0M	571.0M	731.0M	502.0M	728.0M	638.0M	632.0M	588.0M	520.0M	486.0M	339.0M	288.0M	268.0M	286.0M	157.0M
Operating Cash Flow	645.0M	728.0M	644.0M	582.0M	422.0M	207.0M	265.0M	280.0M	235.0M	120.0M	164.0M	140.0M	110.0M	49.3M	65.9M
Total Investing Cash Inflow	572.0M	1.1B	829.0M	1.1B	1.3B	2.5B	843.0M	543.0M	398.0M	497.0M	294.0M	300.0M	26.2M	133.0M	142.0M
Total Investing Cash Outflow	581.0M	1.1B	968.0M	1.2B	1.6B	2.7B	943.0M	634.0M	520.0M	656.0M	377.0M	467.0M	136.0M	283.0M	240.0M
Investing Cash Flow	-9.5M	-24.6M	-139.0M	-111.0M	-298.0M	-211.0M	-99.7M	-91.8M	-121.0M	-159.0M	-83.0M	-167.0M	-110.0M	-150.0M	-98.0M
Cash From Borrowings	46.0M	--	--	--	--	--	95.5M	256.0M	147.0M	300.0M	187.0M	118.0M	--	--	28.0M
Dividends And Interest Paid	156.0M	104.0M	104.0M	104.0M	104.0M	181.0M	9.3M	72.2M	15.1M	96.6M	89.2M	77.8M	38.5M	47.5M	307,100
Debt Repayments	46.0M	1.8M	--	--	10.4M	55.9M	270.0M	254.0M	216.0M	132.0M	173.0M	3.0M	--	28.0M	9.0M
Total Financing Cash Inflow	46.0M	--	--	234,700	6.1M	705.0M	95.5M	256.0M	147.0M	300.0M	187.0M	118.0M	--	203.0M	31.0M
Total Financing Cash Outflow	761.0M	627.0M	599.0M	463.0M	513.0M	253.0M	282.0M	327.0M	234.0M	230.0M	264.0M	83.1M	40.1M	77.7M	9.3M
Financing Cash Flow	-715.0M	-627.0M	-599.0M	-463.0M	-507.0M	452.0M	-187.0M	-71.5M	-87.0M	70.9M	-77.1M	34.4M	-40.1M	125.0M	21.7M
Net Change In Cash	-78.8M	76.2M	-93.9M	8.9M	-382.0M	447.0M	-21.2M	116.0M	26.7M	32.2M	4.3M	7.4M	-39.5M	24.4M	-10.4M
Ending Cash Balance	159.0M	238.0M	162.0M	256.0M	247.0M	629.0M	182.0M	203.0M	86.7M	60.0M	27.8M	23.6M	16.1M	55.6M	31.2M
Capex	42.4M	77.8M	29.6M	54.8M	72.4M	224.0M	126.0M	79.6M	113.0M	180.0M	80.5M	107.0M	123.0M	90.9M	20.6M