NINGBO DEYE TECHNOLOGY CO LTD

NINGBO DEYE TECHNOLOGY CO LTD — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	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
+Revenue	11.2B	7.5B	6.0B	4.2B	3.0B	2.6B	1.7B	1.5B	930.0M
Revenue Growth %	49.8%	25.6%	42.9%	37.8%	17.7%	52.0%	12.3%	61.9%	--
Total Revenue	11.2B	7.5B	6.0B	4.2B	3.0B	2.6B	1.7B	1.5B	930.0M
Cost Of Revenue	6.9B	4.5B	3.7B	3.2B	2.3B	2.0B	1.4B	1.2B	701.0M
+Gross Profit	4.3B	3.0B	2.3B	957.0M	685.0M	544.0M	325.0M	324.0M	229.0M
Gross Margin %	38.8%	39.8%	38.0%	23.0%	22.7%	21.2%	19.2%	21.5%	24.6%
Total Operating Cost	8.0B	5.3B	4.2B	3.6B	2.6B	2.3B	1.6B	1.4B	804.0M
Selling Expenses	288.0M	235.0M	157.0M	90.9M	64.4M	100.0M	73.0M	54.6M	34.0M
Admin Expenses	272.0M	239.0M	148.0M	93.4M	61.8M	54.4M	52.8M	81.7M	31.8M
Rd Expenses	549.0M	436.0M	287.0M	133.0M	102.0M	86.8M	70.3M	56.9M	30.8M
Finance Expenses	-131.0M	-214.0M	-153.0M	8.9M	23.8M	3.6M	9.7M	7.5M	379,500
+Operating Income	3.4B	2.1B	1.8B	657.0M	431.0M	291.0M	113.0M	127.0M	126.0M
Operating Margin %	30.4%	28.0%	29.5%	15.8%	14.3%	11.3%	6.7%	8.4%	13.5%
Non Operating Income	1.4M	621,600	477,200	1.3M	6.6M	4.8M	942,500	1.6M	3.6M
Non Operating Expenses	5.2M	1.9M	2.8M	334,600	743,900	832,800	332,500	647,800	2.0M
Investment Income	91.6M	-121.0M	-10.8M	16.4M	9.9M	3.8M	2.7M	420,500	685,500
Fair Value Change Income	49.9M	3.4M	-33.4M	25.3M	69,300	--	--	--	--
Asset Disposal Income	-2.9M	-1.8M	1.7M	244,100	-450,400	416,700	-140,100	130,900	-1.1M
Asset Impairment Loss	15.2M	50.3M	8.6M	4.9M	1.8M	3.4M	5.3M	-5.0M	438,800
Other Income	103.0M	50.8M	24.3M	10.9M	10.8M	9.0M	4.2M	7.3M	--
Income Before Tax	3.4B	2.1B	1.8B	657.0M	437.0M	295.0M	113.0M	128.0M	127.0M
Income Tax	440.0M	305.0M	231.0M	78.9M	54.1M	35.4M	10.6M	22.2M	16.3M
+Net Income	3.0B	1.8B	1.5B	579.0M	382.0M	260.0M	103.0M	106.0M	111.0M
Net Margin %	26.4%	23.9%	25.6%	13.9%	12.6%	10.1%	6.1%	7.0%	11.9%
Net Income Attributable	3.0B	1.8B	1.5B	579.0M	382.0M	260.0M	102.0M	93.0M	90.5M
Minority Interest	--	--	6.1M	--	--	--	637,400	12.9M	20.6M
Eps Basic	4.76	2.98	3.53	2.64	2.99	2.03	0.80	0.73	--
Eps Diluted	4.76	2.98	3.52	2.64	2.99	2.03	0.80	0.73	--

Line Item	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
Cash And Equivalents	3.6B	3.0B	2.2B	1.7B	522.0M	438.0M	168.0M	89.0M	65.7M
Trading Financial Assets	3.1B	1.9B	1.2B	516.0M	155.0M	--	--	--	--
Accounts Receivable	1.7B	561.0M	557.0M	270.0M	324.0M	249.0M	154.0M	70.2M	--
Notes Receivable	26.8M	10.0M	1.1M	5.7M	--	755,600	47.1M	24.9M	--
Notes And Accounts Receivable	1.7B	571.0M	559.0M	276.0M	324.0M	250.0M	201.0M	95.1M	47.5M
Prepayments	17.8M	17.8M	20.6M	13.9M	8.3M	6.9M	4.5M	3.5M	2.2M
Inventory	1.4B	754.0M	865.0M	456.0M	265.0M	194.0M	200.0M	154.0M	140.0M
Total Current Assets	10.8B	7.9B	6.8B	3.0B	1.3B	908.0M	589.0M	348.0M	411.0M
Fixed Assets	--	1.7B	1.0B	284.0M	262.0M	235.0M	238.0M	197.0M	--
Fixed Assets Total	1.7B	1.7B	1.0B	284.0M	262.0M	235.0M	238.0M	197.0M	166.0M
Construction In Progress	--	288.0M	463.0M	505.0M	9.2M	--	3.4M	21.3M	--
Construction In Progress Total	643.0M	288.0M	463.0M	505.0M	9.2M	--	3.4M	21.3M	10.7M
Intangible Assets	143.0M	200.0M	147.0M	80.9M	62.0M	33.5M	9.0M	8.9M	8.3M
Long Term Deferred Expenses	70.0M	82.6M	59.0M	16.9M	26.6M	29.1M	19.8M	8.1M	6.1M
Total Non Current Assets	4.3B	2.9B	1.7B	926.0M	376.0M	305.0M	279.0M	245.0M	200.0M
Total Assets	15.1B	10.8B	8.5B	3.9B	1.7B	1.2B	868.0M	593.0M	611.0M
Short Term Borrowings	1.0B	2.4B	1.3B	--	10.0M	45.7M	57.0M	87.0M	95.8M
Accounts Payable	1.7B	837.0M	1.1B	604.0M	329.0M	304.0M	200.0M	117.0M	--
Advance Receipts	--	--	--	--	--	18.1M	9.8M	5.7M	5.6M
Contract Liabilities	264.0M	191.0M	192.0M	54.3M	45.0M	--	--	--	--
Total Current Liabilities	5.5B	5.2B	3.9B	1.2B	785.0M	651.0M	531.0M	339.0M	349.0M
Long Term Borrowings	--	300.0M	530.0M	--	--	--	--	--	--
Total Non Current Liabilities	149.0M	416.0M	566.0M	41.5M	23.1M	12.9M	10.0M	3.0M	4.0M
Total Liabilities	5.7B	5.6B	4.4B	1.3B	808.0M	664.0M	541.0M	342.0M	353.0M
Paid In Capital	645.0M	430.0M	239.0M	171.0M	128.0M	128.0M	128.0M	128.0M	128.0M
Capital Reserve	3.9B	1.3B	1.4B	1.4B	82.8M	82.8M	82.8M	86.6M	13.6M
Surplus Reserve	323.0M	204.0M	119.0M	85.9M	67.1M	40.3M	19.3M	10.4M	29.7M
Retained Earnings	4.6B	3.5B	2.3B	1.0B	589.0M	298.0M	97.4M	4.3M	19.1M
Minority Equity	571,200	--	27.3M	--	--	--	--	21.2M	67.4M
Equity Attributable	9.5B	5.2B	4.1B	2.6B	867.0M	549.0M	328.0M	229.0M	190.0M
Total Equity	9.5B	5.2B	4.1B	2.6B	867.0M	549.0M	328.0M	251.0M	258.0M

Line Item	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
Cash From Sales	8.6B	6.1B	4.6B	2.3B	1.5B	1.2B	773.0M	600.0M	433.0M
Tax Refunds Received	617.0M	228.0M	231.0M	82.2M	30.3M	16.2M	10.4M	8.3M	2.6M
Total Operating Cash Inflow	9.5B	6.6B	4.9B	2.4B	1.5B	1.3B	799.0M	615.0M	441.0M
Cash Paid For Goods	4.2B	3.3B	1.9B	1.1B	709.0M	521.0M	361.0M	266.0M	141.0M
Cash Paid To Employees	841.0M	594.0M	397.0M	268.0M	201.0M	161.0M	141.0M	106.0M	75.1M
Taxes Paid	776.0M	421.0M	260.0M	129.0M	105.0M	97.7M	49.6M	103.0M	38.9M
Total Operating Cash Outflow	6.1B	4.5B	2.7B	1.6B	1.1B	887.0M	633.0M	538.0M	299.0M
Operating Cash Flow	3.4B	2.1B	2.2B	797.0M	454.0M	381.0M	166.0M	76.8M	142.0M
Total Investing Cash Inflow	10.2B	6.4B	1.6B	1.4B	522.0M	742.0M	256.0M	208.0M	94.8M
Total Investing Cash Outflow	12.0B	8.1B	4.8B	2.3B	755.0M	797.0M	315.0M	150.0M	268.0M
Investing Cash Flow	-1.8B	-1.7B	-3.2B	-923.0M	-233.0M	-54.7M	-59.8M	57.7M	-174.0M
Cash From Borrowings	4.4B	3.7B	2.2B	--	19.9M	65.7M	83.0M	95.0M	95.8M
Dividends And Interest Paid	1.7B	610.0M	232.0M	133.0M	60.3M	39.2M	4.1M	24.8M	8.9M
Debt Repayments	6.0B	2.3B	430.0M	10.0M	55.6M	77.0M	113.0M	104.0M	79.0M
Total Financing Cash Inflow	7.2B	3.7B	2.3B	1.4B	19.9M	65.7M	86.1M	95.5M	109.0M
Total Financing Cash Outflow	7.8B	3.9B	667.0M	171.0M	122.0M	123.0M	147.0M	211.0M	102.0M
Financing Cash Flow	-660.0M	-178.0M	1.6B	1.2B	-103.0M	-57.0M	-60.7M	-115.0M	6.6M
Net Change In Cash	913.0M	269.0M	669.0M	1.0B	101.0M	270.0M	48.2M	17.7M	-24.4M
Ending Cash Balance	3.4B	2.4B	2.2B	1.5B	473.0M	372.0M	102.0M	53.9M	36.2M
Capex	469.0M	749.0M	809.0M	602.0M	83.7M	57.1M	56.4M	45.7M	29.1M