华兴源创 - Financials

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020
+Revenue	1.8B	1.9B	2.3B	2.0B	1.7B
Revenue Growth %	-2.0%	-19.8%	14.9%	20.5%	--
Total Revenue	1.8B	1.9B	2.3B	2.0B	1.7B
Cost Of Revenue	1.1B	858.0M	1.1B	949.0M	871.0M
+Gross Profit	768.0M	1.0B	1.2B	1.1B	806.0M
Gross Margin %	42.1%	53.9%	52.1%	53.0%	48.1%
Total Operating Cost	2.4B	1.7B	2.0B	1.7B	1.4B
Selling Expenses	225.0M	185.0M	224.0M	169.0M	109.0M
Admin Expenses	279.0M	198.0M	236.0M	194.0M	151.0M
Rd Expenses	394.0M	397.0M	420.0M	353.0M	253.0M
Finance Expenses	-1.7M	-2.4M	-25.1M	3.3M	22.0M
+Operating Income	-486.0M	245.0M	336.0M	310.0M	256.0M
Operating Margin %	-26.7%	13.2%	14.5%	15.3%	15.3%
Non Operating Income	1.8M	2.3M	2.8M	9.8M	36.8M
Non Operating Expenses	4.9M	3.3M	5.7M	2.4M	2.1M
Investment Income	-871,600	19.2M	8.8M	7.4M	18.5M
Fair Value Change Income	-11.6M	1.2M	3.3M	5.6M	--
Asset Disposal Income	16.4M	311,000	-157,200	--	70,200
Asset Impairment Loss	343.0M	20.8M	36.8M	31.8M	9.8M
Other Income	52.1M	53.9M	38.3M	6.9M	2.1M
Income Before Tax	-489.0M	244.0M	333.0M	318.0M	290.0M
Income Tax	8.1M	4.6M	1.7M	3.9M	25.4M
+Net Income	-497.0M	240.0M	331.0M	314.0M	265.0M
Net Margin %	-27.3%	12.9%	14.3%	15.5%	15.8%
Net Income Attributable	-497.0M	240.0M	331.0M	314.0M	265.0M
Eps Basic	-1.13	0.54	0.75	0.72	0.64
Eps Diluted	-1.13	0.54	0.75	0.72	0.64

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	516.0M	874.0M	1.5B	1.1B	928.0M
Trading Financial Assets	11.4M	--	171.0M	686.0M	220.0M
Accounts Receivable	1.5B	1.1B	1.2B	1.1B	876.0M
Notes Receivable	4.0M	50.1M	12,000	4.0M	26,300
Notes And Accounts Receivable	1.5B	1.2B	1.2B	1.1B	876.0M
Prepayments	21.5M	19.0M	17.8M	10.7M	14.7M
Inventory	784.0M	630.0M	526.0M	495.0M	257.0M
Total Current Assets	3.1B	3.0B	3.5B	3.4B	2.3B
Long Term Equity Investment	4.5M	6.2M	22.8M	25.5M	11.8M
Fixed Assets	--	1.5B	444.0M	374.0M	349.0M
Fixed Assets Total	1.4B	1.5B	444.0M	374.0M	349.0M
Construction In Progress	--	7.7M	562.0M	354.0M	58.0M
Construction In Progress Total	6.0M	7.7M	562.0M	354.0M	58.0M
Intangible Assets	215.0M	238.0M	248.0M	262.0M	277.0M
Long Term Deferred Expenses	20.3M	8.8M	7.6M	3.7M	3.4M
Total Non Current Assets	2.2B	2.6B	2.0B	1.7B	1.3B
Total Assets	5.3B	5.6B	5.5B	5.2B	3.6B
Short Term Borrowings	277.0M	--	--	--	--
Accounts Payable	549.0M	561.0M	537.0M	553.0M	299.0M
Advance Receipts	--	--	--	--	--
Contract Liabilities	44.2M	40.7M	40.6M	33.2M	2.1M
Total Current Liabilities	1.0B	771.0M	932.0M	822.0M	446.0M
Long Term Borrowings	--	--	--	28.2M	--
Total Non Current Liabilities	800.0M	861.0M	816.0M	797.0M	31.6M
Total Liabilities	1.8B	1.6B	1.7B	1.6B	478.0M
Paid In Capital	445.0M	442.0M	441.0M	439.0M	439.0M
Capital Reserve	2.4B	2.3B	2.3B	2.2B	2.2B
Surplus Reserve	138.0M	138.0M	124.0M	89.7M	60.9M
Retained Earnings	422.0M	994.0M	900.0M	698.0M	494.0M
Equity Attributable	3.4B	3.9B	3.8B	3.5B	3.2B
Total Equity	3.4B	3.9B	3.8B	3.5B	3.2B

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	1.7B	2.2B	2.4B	2.0B	1.6B
Tax Refunds Received	35.5M	89.7M	24.3M	68.7M	26.2M
Total Operating Cash Inflow	1.8B	2.3B	2.5B	2.1B	1.7B
Cash Paid For Goods	962.0M	1.2B	1.3B	1.2B	876.0M
Cash Paid To Employees	652.0M	717.0M	586.0M	478.0M	295.0M
Taxes Paid	64.8M	85.9M	126.0M	61.4M	107.0M
Total Operating Cash Outflow	1.9B	2.2B	2.2B	1.8B	1.4B
Operating Cash Flow	-88.2M	137.0M	279.0M	265.0M	333.0M
Total Investing Cash Inflow	504.0M	2.1B	3.2B	2.6B	1.5B
Total Investing Cash Outflow	674.0M	2.7B	3.1B	3.4B	1.4B
Investing Cash Flow	-170.0M	-550.0M	112.0M	-801.0M	22.6M
Cash From Borrowings	241.0M	140.0M	110.0M	131.0M	20.0M
Dividends And Interest Paid	84.3M	137.0M	97.4M	81.9M	55.3M
Debt Repayments	220.0M	140.0M	139.0M	102.0M	40.0M
Total Financing Cash Inflow	252.0M	167.0M	134.0M	937.0M	345.0M
Total Financing Cash Outflow	353.0M	300.0M	274.0M	198.0M	98.7M
Financing Cash Flow	-101.0M	-133.0M	-140.0M	739.0M	246.0M
Net Change In Cash	-356.0M	-539.0M	292.0M	196.0M	596.0M
Ending Cash Balance	513.0M	870.0M	1.4B	1.1B	920.0M
Capex	201.0M	505.0M	367.0M	318.0M	112.0M