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中国电研 — 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 4.5B 4.2B 3.8B 3.4B 2.5B
Revenue Growth % 8.4% 10.0% 11.4% 35.2% --
Total Revenue 4.5B 4.2B 3.8B 3.4B 2.5B
Cost Of Revenue 3.0B 2.9B 2.7B 2.5B 1.7B
+Gross Profit 1.5B 1.3B 1.1B 931.0M 794.0M
Gross Margin % 32.6% 30.2% 28.5% 27.3% 31.5%
Total Operating Cost 4.1B 3.9B 3.5B 3.2B 2.3B
Selling Expenses 291.0M 266.0M 232.0M 207.0M 154.0M
Admin Expenses 339.0M 295.0M 247.0M 201.0M 169.0M
Rd Expenses 358.0M 323.0M 288.0M 247.0M 209.0M
Finance Expenses -25.1M -23.2M -26.0M -7.5M 12.0M
+Operating Income 501.0M 454.0M 380.0M 346.0M 306.0M
Operating Margin % 11.1% 10.9% 10.0% 10.2% 12.1%
Non Operating Income 26.7M 4.1M 2.8M 7.6M 6.4M
Non Operating Expenses -318,600 4.4M 1.1M 2.1M 3.7M
Investment Income 11.6M -6.3M -1.6M 22.5M 27.8M
Fair Value Change Income 1.3M 2.8M -3.9M 1.5M 2.6M
Asset Disposal Income 917,100 46,200 -52,300 -9,300 121,000
Asset Impairment Loss 27.3M 22.2M 2.7M 2.8M -7.4M
Other Income 81.7M 152.0M 106.0M 78.9M 53.5M
Income Before Tax 528.0M 454.0M 382.0M 352.0M 309.0M
Income Tax 57.9M 45.7M 24.1M 39.2M 25.7M
+Net Income 470.0M 408.0M 358.0M 313.0M 283.0M
Net Margin % 10.4% 9.8% 9.4% 9.2% 11.2%
Net Income Attributable 467.0M 410.0M 363.0M 315.0M 283.0M
Minority Interest 3.3M -1.9M -5.2M -2.3M 515,800
Eps Basic 1.15 1.01 0.90 0.78 0.70
Eps Diluted 1.15 1.01 0.90 0.78 0.70
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 977.0M 826.0M 913.0M 535.0M 734.0M
Trading Financial Assets 80.2M 190.0M 191.0M 501.0M 753.0M
Accounts Receivable 1.2B 1.2B 1.0B 797.0M 572.0M
Notes Receivable 320.0M 320.0M 337.0M 326.0M 265.0M
Notes And Accounts Receivable 1.6B 1.5B 1.4B 1.1B 837.0M
Prepayments 170.0M 183.0M 223.0M 171.0M 103.0M
Inventory 2.3B 2.5B 1.6B 919.0M 511.0M
Total Current Assets 5.6B 5.9B 4.6B 3.6B 3.1B
Long Term Equity Investment 26.6M 28.3M 18.1M 16.9M 19.9M
Fixed Assets -- 716.0M 626.0M 564.0M --
Fixed Assets Total 717.0M 716.0M 626.0M 564.0M 510.0M
Construction In Progress -- 23.6M 30.0M 12.0M 23.1M
Construction In Progress Total 96.9M 23.6M 30.0M 12.0M 23.1M
Intangible Assets 161.0M 166.0M 101.0M 100.0M 102.0M
Long Term Deferred Expenses 24.7M 26.0M 17.4M 18.6M 12.0M
Total Non Current Assets 1.8B 1.4B 1.6B 1.2B 903.0M
Total Assets 7.4B 7.4B 6.2B 4.9B 4.0B
Short Term Borrowings 35.7M 11.5M 54.9M 24.4M 28.4M
Accounts Payable 750.0M 848.0M 857.0M 680.0M 518.0M
Advance Receipts -- -- -- -- --
Contract Liabilities 2.3B 2.4B 1.5B 681.0M 471.0M
Total Current Liabilities 3.9B 4.2B 3.3B 2.1B 1.5B
Long Term Borrowings -- -- -- -- --
Total Non Current Liabilities 212.0M 228.0M 241.0M 265.0M 187.0M
Total Liabilities 4.2B 4.4B 3.6B 2.4B 1.7B
Paid In Capital 404.0M 404.0M 404.0M 404.0M 404.0M
Capital Reserve 1.4B 1.4B 1.4B 1.4B 1.4B
Surplus Reserve 122.0M 102.0M 83.5M 61.1M 41.2M
Retained Earnings 1.3B 1.0B 785.0M 586.0M 412.0M
Minority Equity 25.6M 24.8M 14.8M 20.1M 22.4M
Equity Attributable 3.2B 2.9B 2.7B 2.4B 2.3B
Total Equity 3.2B 3.0B 2.7B 2.5B 2.3B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 4.3B 4.3B 3.7B 2.7B 2.4B
Tax Refunds Received 50.6M 131.0M 121.0M 85.2M 59.8M
Total Operating Cash Inflow 4.5B 4.5B 4.0B 2.9B 2.5B
Cash Paid For Goods 2.5B 2.6B 2.0B 1.8B 1.4B
Cash Paid To Employees 993.0M 857.0M 746.0M 647.0M 528.0M
Taxes Paid 172.0M 235.0M 198.0M 157.0M 98.7M
Total Operating Cash Outflow 4.0B 4.1B 3.2B 2.8B 2.1B
Operating Cash Flow 528.0M 400.0M 706.0M 108.0M 381.0M
Total Investing Cash Inflow 1.2B 1.5B 2.7B 3.6B 4.4B
Total Investing Cash Outflow 1.3B 1.8B 2.8B 3.7B 4.6B
Investing Cash Flow -162.0M -294.0M -168.0M -136.0M -206.0M
Cash From Borrowings 18.0M 18.0M 33.5M 33.4M 47.3M
Dividends And Interest Paid 182.0M 163.0M 143.0M 126.0M 126.0M
Debt Repayments 18.5M 33.5M 31.0M 37.3M 43.7M
Total Financing Cash Inflow 18.0M 21.1M 33.5M 38.8M 47.3M
Total Financing Cash Outflow 233.0M 222.0M 202.0M 189.0M 171.0M
Financing Cash Flow -215.0M -201.0M -169.0M -150.0M -123.0M
Net Change In Cash 151.0M -94.8M 371.0M -179.0M 49.7M
Ending Cash Balance 955.0M 804.0M 898.0M 527.0M 707.0M
Capex 214.0M 243.0M 182.0M 147.0M 162.0M
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