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志邦家居 — 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 5.3B 6.1B 5.4B 5.2B 3.8B
Revenue Growth % -14.0% 13.5% 4.6% 34.2% --
Total Revenue 5.3B 6.1B 5.4B 5.2B 3.8B
Cost Of Revenue 3.4B 3.8B 3.4B 3.3B 2.4B
+Gross Profit 1.9B 2.3B 2.0B 1.9B 1.5B
Gross Margin % 36.3% 37.1% 37.7% 36.3% 38.1%
Total Operating Cost 4.9B 5.6B 4.8B 4.6B 3.5B
Selling Expenses 854.0M 890.0M 832.0M 756.0M 574.0M
Admin Expenses 281.0M 295.0M 268.0M 232.0M 206.0M
Rd Expenses 265.0M 319.0M 279.0M 282.0M 226.0M
Finance Expenses -2.0M -8.7M -18.3M -7.1M 3.0M
+Operating Income 417.0M 619.0M 576.0M 552.0M 436.0M
Operating Margin % 7.9% 10.1% 10.7% 10.7% 11.4%
Non Operating Income 9.2M 8.7M 4.5M 3.0M 1.6M
Non Operating Expenses 6.8M 5.7M 3.9M 5.1M 8.4M
Investment Income 4.9M 25.9M 16.4M -1.3M 14.9M
Fair Value Change Income 10.7M 16.0M 5.0M 5.3M 1.3M
Asset Disposal Income -1.2M -3.3M -16.4M -29,200 -1.3M
Asset Impairment Loss 77.5M 122.0M 36.9M 43.3M 21.0M
Other Income 52.2M 66.9M 27.7M 36.8M 32.3M
Income Before Tax 420.0M 622.0M 577.0M 550.0M 429.0M
Income Tax 34.1M 27.4M 39.6M 44.1M 33.9M
+Net Income 385.0M 595.0M 537.0M 506.0M 395.0M
Net Margin % 7.3% 9.7% 10.0% 9.8% 10.3%
Net Income Attributable 385.0M 595.0M 537.0M 506.0M 395.0M
Eps Basic 0.89 1.36 1.26 1.62 1.26
Eps Diluted 0.89 1.36 1.26 1.62 1.26
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 799.0M 863.0M 705.0M 668.0M 825.0M
Trading Financial Assets 565.0M 424.0M 280.0M 202.0M 325.0M
Accounts Receivable 306.0M 225.0M 207.0M 147.0M 117.0M
Notes Receivable 23.1M 20.8M 17.7M 109.0M 207.0M
Notes And Accounts Receivable 329.0M 245.0M 225.0M 256.0M 324.0M
Prepayments 55.1M 53.6M 57.5M 48.9M 64.8M
Inventory 252.0M 220.0M 305.0M 388.0M 329.0M
Total Current Assets 3.3B 3.5B 3.0B 2.8B 2.5B
Long Term Equity Investment 177.0M 169.0M 134.0M 36.3M 38.7M
Fixed Assets -- 1.4B 1.5B 1.5B 1.2B
Fixed Assets Total 1.6B 1.4B 1.5B 1.5B 1.2B
Construction In Progress -- 321.0M 118.0M 83.9M 36.6M
Construction In Progress Total 275.0M 321.0M 118.0M 83.9M 36.6M
Intangible Assets 280.0M 262.0M 255.0M 232.0M 136.0M
Long Term Deferred Expenses 46.3M 48.5M 41.0M 37.2M 37.3M
Total Non Current Assets 3.4B 2.9B 2.8B 2.5B 1.6B
Total Assets 6.7B 6.4B 5.8B 5.3B 4.1B
Short Term Borrowings 249.0M 130.0M 367.0M 295.0M 108.0M
Accounts Payable 717.0M 591.0M 580.0M 485.0M 405.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 454.0M 474.0M 436.0M 532.0M 466.0M
Total Current Liabilities 3.0B 2.9B 2.8B 2.4B 1.8B
Long Term Borrowings 155.0M 124.0M -- 200.0M --
Total Non Current Liabilities 295.0M 238.0M 127.0M 281.0M 86.4M
Total Liabilities 3.3B 3.1B 2.9B 2.7B 1.9B
Paid In Capital 437.0M 437.0M 312.0M 312.0M 223.0M
Capital Reserve 656.0M 671.0M 766.0M 806.0M 919.0M
Surplus Reserve 148.0M 120.0M 120.0M 119.0M 112.0M
Retained Earnings 2.2B 2.2B 1.8B 1.4B 1.1B
Equity Attributable 3.4B 3.3B 2.9B 2.6B 2.2B
Total Equity 3.4B 3.3B 2.9B 2.6B 2.2B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 5.8B 6.4B 5.6B 5.3B 4.0B
Tax Refunds Received 13.4M 42.0M 7.5M 1.1M 13.3M
Total Operating Cash Inflow 6.0B 6.6B 5.7B 5.5B 4.1B
Cash Paid For Goods 3.5B 3.8B 3.3B 3.4B 2.3B
Cash Paid To Employees 788.0M 833.0M 751.0M 672.0M 494.0M
Taxes Paid 454.0M 411.0M 404.0M 267.0M 212.0M
Total Operating Cash Outflow 5.5B 5.8B 5.0B 5.0B 3.4B
Operating Cash Flow 491.0M 756.0M 766.0M 496.0M 649.0M
Total Investing Cash Inflow 4.1B 3.6B 3.0B 3.7B 3.6B
Total Investing Cash Outflow 4.3B 4.1B 3.5B 4.2B 4.1B
Investing Cash Flow -212.0M -436.0M -443.0M -516.0M -484.0M
Cash From Borrowings 338.0M 544.0M 816.0M 789.0M 370.0M
Dividends And Interest Paid 319.0M 231.0M 204.0M 198.0M 156.0M
Debt Repayments 171.0M 656.0M 945.0M 400.0M 275.0M
Total Financing Cash Inflow 338.0M 592.0M 816.0M 789.0M 416.0M
Total Financing Cash Outflow 499.0M 899.0M 1.2B 610.0M 432.0M
Financing Cash Flow -162.0M -307.0M -433.0M 179.0M -16.0M
Net Change In Cash 120.0M 17.3M -105.0M 157.0M 145.0M
Ending Cash Balance 599.0M 479.0M 461.0M 566.0M 409.0M
Capex 275.0M 424.0M 399.0M 524.0M 421.0M
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