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科兴制药 — 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 1.4B 1.3B 1.3B 1.3B 1.2B
Revenue Growth % 11.8% -4.3% 2.4% 5.3% --
Total Revenue 1.4B 1.3B 1.3B 1.3B 1.2B
Cost Of Revenue 441.0M 368.0M 324.0M 265.0M 244.0M
+Gross Profit 966.0M 891.0M 992.0M 1.0B 976.0M
Gross Margin % 68.7% 70.8% 75.4% 79.4% 80.0%
Total Operating Cost 1.4B 1.5B 1.5B 1.2B 1.1B
Selling Expenses 597.0M 689.0M 828.0M 756.0M 656.0M
Admin Expenses 86.0M 86.8M 85.9M 90.5M 69.2M
Rd Expenses 168.0M 345.0M 193.0M 123.0M 60.1M
Finance Expenses 40.9M 31.2M 14.9M 5.0M 21.0M
+Operating Income 63.2M -256.0M -139.0M 98.0M 160.0M
Operating Margin % 4.5% -20.3% -10.6% 7.6% 13.1%
Non Operating Income 197,300 758,800 139,900 209,500 52,800
Non Operating Expenses 6.5M 4.6M 644,200 2.6M 747,200
Investment Income 9.3M 6.5M 2.2M 9.2M --
Fair Value Change Income -29.2M 238,600 -5.4M 47.5M --
Asset Disposal Income 77,100 281,300 1.5M -470,600 -52,400
Asset Impairment Loss 3.7M 2.6M 497,700 675,600 972,200
Other Income 25.7M 8.8M 5.1M 4.0M 2.0M
Income Before Tax 56.9M -260.0M -139.0M 95.6M 159.0M
Income Tax 29.9M -64.6M -46.2M -836,800 20.0M
+Net Income 27.0M -195.0M -92.8M 96.5M 139.0M
Net Margin % 1.9% -15.5% -7.1% 7.5% 11.4%
Net Income Attributable 31.5M -190.0M -90.3M 96.5M 139.0M
Minority Interest -4.4M -5.2M -2.5M -- --
Eps Basic 0.16 -0.96 -0.45 0.49 0.93
Eps Diluted 0.16 -0.96 -0.45 0.49 0.93
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash And Equivalents 555.0M 569.0M 785.0M 878.0M 1.1B
Accounts Receivable 475.0M 275.0M 337.0M 336.0M 355.0M
Notes Receivable 25.3M 11.2M 23.6M 36.4M 14.2M
Notes And Accounts Receivable 501.0M 286.0M 361.0M 373.0M 369.0M
Prepayments 6.7M 24.9M 21.4M 10.6M 2.1M
Inventory 142.0M 191.0M 208.0M 172.0M 113.0M
Total Current Assets 1.3B 1.1B 1.4B 1.5B 1.6B
Long Term Equity Investment 3.9M 4.0M -- -- --
Fixed Assets -- 805.0M 759.0M 452.0M 417.0M
Fixed Assets Total 975.0M 805.0M 759.0M 452.0M 417.0M
Construction In Progress -- 373.0M 257.0M 429.0M 169.0M
Construction In Progress Total 177.0M 373.0M 257.0M 429.0M 169.0M
Intangible Assets 225.0M 159.0M 166.0M 27.0M 36.8M
Long Term Deferred Expenses 19.5M 3.1M 14.0M 21.8M 14.7M
Total Non Current Assets 1.9B 1.9B 1.8B 1.4B 723.0M
Total Assets 3.2B 3.0B 3.2B 2.8B 2.4B
Short Term Borrowings 269.0M 121.0M 163.0M 276.0M 205.0M
Accounts Payable 204.0M 193.0M 217.0M 225.0M 158.0M
Advance Receipts 596,200 799,700 609,300 -- --
Contract Liabilities 9.2M 19.6M 17.4M 7.2M 4.8M
Total Current Liabilities 886.0M 670.0M 539.0M 604.0M 441.0M
Long Term Borrowings 611.0M 696.0M 779.0M 263.0M 94.2M
Total Non Current Liabilities 637.0M 730.0M 819.0M 315.0M 95.8M
Total Liabilities 1.5B 1.4B 1.4B 918.0M 536.0M
Paid In Capital 200.0M 199.0M 199.0M 199.0M 199.0M
Capital Reserve 1.3B 1.3B 1.3B 1.3B 1.3B
Surplus Reserve 25.0M 19.9M 19.9M 19.9M 13.0M
Retained Earnings 152.0M 125.0M 316.0M 426.0M 352.0M
Minority Equity 4.3M 4.8M -2.5M -- --
Equity Attributable 1.6B 1.6B 1.8B 1.9B 1.8B
Total Equity 1.6B 1.6B 1.8B 1.9B 1.8B
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020
Cash From Sales 1.1B 1.2B 1.3B 1.3B 1.1B
Tax Refunds Received 498,500 12.7M 9.9M 12.6M --
Total Operating Cash Inflow 1.2B 1.3B 1.3B 1.3B 1.1B
Cash Paid For Goods 190.0M 198.0M 245.0M 177.0M 147.0M
Cash Paid To Employees 224.0M 251.0M 258.0M 220.0M 165.0M
Taxes Paid 61.0M 62.2M 45.3M 54.2M 83.3M
Total Operating Cash Outflow 1.1B 1.4B 1.4B 1.2B 1.0B
Operating Cash Flow 107.0M -87.1M -85.9M 94.0M 106.0M
Total Investing Cash Inflow 2.0B 2.0B 1.4B 2.1B 8.7M
Total Investing Cash Outflow 2.1B 2.2B 1.8B 2.6B 209.0M
Investing Cash Flow -104.0M -156.0M -381.0M -492.0M -201.0M
Cash From Borrowings 628.0M 421.0M 1.0B 506.0M 335.0M
Dividends And Interest Paid 43.6M 45.4M 53.6M 28.4M 10.9M
Debt Repayments 559.0M 354.0M 573.0M 264.0M 221.0M
Total Financing Cash Inflow 635.0M 433.0M 1.0B 506.0M 1.4B
Total Financing Cash Outflow 646.0M 417.0M 645.0M 319.0M 318.0M
Financing Cash Flow -10.9M 16.2M 371.0M 187.0M 1.0B
Net Change In Cash -7.0M -224.0M -90.8M -214.0M 938.0M
Ending Cash Balance 553.0M 560.0M 784.0M 875.0M 1.1B
Capex 94.0M 191.0M 399.0M 372.0M 189.0M
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