德昌股份 - Financials

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020
+Revenue	4.1B	2.8B	1.9B	2.8B	2.1B
Revenue Growth %	47.6%	43.2%	-31.8%	37.6%	--
Total Revenue	4.1B	2.8B	1.9B	2.8B	2.1B
Cost Of Revenue	3.4B	2.2B	1.6B	2.3B	1.5B
+Gross Profit	711.0M	530.0M	345.0M	550.0M	557.0M
Gross Margin %	17.4%	19.1%	17.8%	19.4%	27.0%
Total Operating Cost	3.7B	2.4B	1.6B	2.5B	1.7B
Selling Expenses	16.6M	11.0M	8.6M	8.8M	7.1M
Admin Expenses	173.0M	122.0M	98.9M	111.0M	68.4M
Rd Expenses	138.0M	101.0M	81.5M	97.7M	73.4M
Finance Expenses	-79.8M	-83.2M	-179.0M	23.0M	71.8M
+Operating Income	456.0M	364.0M	328.0M	330.0M	356.0M
Operating Margin %	11.1%	13.1%	16.9%	11.6%	17.2%
Non Operating Income	1.8M	688,700	2.4M	10.9M	275,000
Non Operating Expenses	4.7M	2.1M	6.7M	2.5M	1.5M
Investment Income	11.8M	946,500	7.7M	25.7M	15.1M
Fair Value Change Income	319,700	-51,400	537,200	3.2M	21.7M
Asset Disposal Income	96,000	179,900	457,200	--	170,100
Asset Impairment Loss	10.9M	3.3M	5.2M	3.4M	2.4M
Other Income	11.6M	8.6M	6.2M	9.6M	2.6M
Income Before Tax	453.0M	363.0M	324.0M	339.0M	355.0M
Income Tax	42.5M	40.8M	25.3M	38.1M	51.0M
+Net Income	411.0M	322.0M	299.0M	301.0M	304.0M
Net Margin %	10.0%	11.6%	15.4%	10.6%	14.7%
Net Income Attributable	411.0M	322.0M	299.0M	301.0M	304.0M
Eps Basic	1.10	0.87	0.80	1.45	2.17
Eps Diluted	1.10	0.87	0.80	1.45	2.17

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020
Cash And Equivalents	1.3B	1.1B	1.8B	1.8B	299.0M
Trading Financial Assets	131.0M	321.0M	141.0M	104.0M	22.0M
Accounts Receivable	1.3B	904.0M	652.0M	855.0M	752.0M
Notes Receivable	1.7M	5.6M	9.7M	42,000	38,600
Notes And Accounts Receivable	1.3B	910.0M	662.0M	855.0M	752.0M
Prepayments	30.8M	20.7M	26.1M	18.8M	23.4M
Inventory	575.0M	376.0M	254.0M	333.0M	256.0M
Total Current Assets	3.4B	3.0B	2.9B	3.2B	1.4B
Fixed Assets	--	806.0M	340.0M	280.0M	293.0M
Fixed Assets Total	1.1B	806.0M	340.0M	280.0M	293.0M
Construction In Progress	--	95.2M	189.0M	25.7M	1.0M
Construction In Progress Total	98.4M	95.2M	189.0M	25.7M	1.0M
Intangible Assets	304.0M	139.0M	142.0M	112.0M	69.7M
Long Term Deferred Expenses	84.6M	54.5M	59.0M	44.6M	47.2M
Total Non Current Assets	1.8B	1.3B	863.0M	516.0M	432.0M
Total Assets	5.2B	4.3B	3.8B	3.7B	1.8B
Short Term Borrowings	150.0M	--	350.0M	62.8M	128.0M
Accounts Payable	944.0M	651.0M	387.0M	462.0M	555.0M
Advance Receipts	--	--	--	--	--
Contract Liabilities	26.1M	28.2M	30.9M	29.5M	25.0M
Total Current Liabilities	2.1B	1.4B	1.2B	1.3B	1.2B
Long Term Borrowings	--	--	--	30.0M	69.8M
Total Non Current Liabilities	84.1M	111.0M	85.1M	71.1M	83.0M
Total Liabilities	2.2B	1.5B	1.2B	1.4B	1.3B
Paid In Capital	372.0M	372.0M	266.0M	190.0M	140.0M
Capital Reserve	1.3B	1.3B	1.4B	1.5B	43.2M
Surplus Reserve	134.0M	112.0M	85.7M	61.7M	33.1M
Retained Earnings	1.2B	933.0M	770.0M	562.0M	290.0M
Equity Attributable	3.0B	2.7B	2.5B	2.3B	505.0M
Total Equity	3.0B	2.7B	2.5B	2.3B	505.0M

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020
Cash From Sales	3.6B	2.5B	2.2B	2.8B	1.5B
Tax Refunds Received	246.0M	185.0M	143.0M	221.0M	138.0M
Total Operating Cash Inflow	3.9B	2.8B	2.7B	3.0B	1.7B
Cash Paid For Goods	3.0B	1.8B	1.8B	2.3B	1.3B
Cash Paid To Employees	435.0M	385.0M	291.0M	315.0M	181.0M
Taxes Paid	53.7M	54.1M	69.8M	67.2M	45.3M
Total Operating Cash Outflow	3.7B	2.3B	2.3B	2.8B	1.6B
Operating Cash Flow	255.0M	469.0M	346.0M	235.0M	109.0M
Total Investing Cash Inflow	3.6B	392.0M	1.1B	48.7M	73.5M
Total Investing Cash Outflow	3.8B	1.0B	1.5B	207.0M	169.0M
Investing Cash Flow	-188.0M	-638.0M	-392.0M	-158.0M	-95.7M
Cash From Borrowings	455.0M	298.0M	378.0M	563.0M	284.0M
Dividends And Interest Paid	135.0M	140.0M	71.4M	7.5M	47.8M
Debt Repayments	306.0M	647.0M	142.0M	660.0M	212.0M
Total Financing Cash Inflow	455.0M	298.0M	378.0M	2.1B	305.0M
Total Financing Cash Outflow	459.0M	804.0M	224.0M	700.0M	260.0M
Financing Cash Flow	-4.6M	-507.0M	154.0M	1.4B	45.6M
Net Change In Cash	93.9M	-653.0M	208.0M	1.4B	52.0M
Ending Cash Balance	1.2B	1.1B	1.7B	1.5B	92.5M
Capex	509.0M	337.0M	365.0M	107.0M	158.0M