ZHONGFU SHENYING CARBON FIBER C

ZHONGFU SHENYING CARBON FIBER C — 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
+Revenue	1.6B	2.3B	2.0B	1.2B	532.0M	415.0M	308.0M
Revenue Growth %	-31.1%	13.2%	70.1%	120.5%	28.2%	34.7%	--
Total Revenue	1.6B	2.3B	2.0B	1.2B	532.0M	415.0M	308.0M
Cost Of Revenue	1.3B	1.6B	1.0B	685.0M	303.0M	309.0M	273.0M
+Gross Profit	222.0M	691.0M	960.0M	488.0M	229.0M	106.0M	35.0M
Gross Margin %	14.3%	30.6%	48.1%	41.6%	43.0%	25.5%	11.4%
Total Operating Cost	1.9B	2.0B	1.4B	903.0M	464.0M	411.0M	357.0M
Selling Expenses	30.2M	22.9M	6.8M	4.0M	2.9M	5.5M	5.4M
Admin Expenses	177.0M	196.0M	157.0M	118.0M	64.9M	61.0M	39.6M
Rd Expenses	177.0M	206.0M	155.0M	59.1M	17.2M	11.2M	11.5M
Finance Expenses	35.2M	1.0M	20.9M	26.6M	14.2M	18.8M	23.3M
+Operating Income	-169.0M	327.0M	676.0M	296.0M	84.3M	24.8M	-24.7M
Operating Margin %	-10.9%	14.5%	33.9%	25.2%	15.9%	6.0%	-8.0%
Non Operating Income	385,500	2.3M	720,600	699,500	1.9M	1.5M	681,800
Non Operating Expenses	538,500	4.9M	16.0M	1.8M	1.0M	175,500	453,700
Investment Income	6.2M	8.9M	20.5M	462,900	-105,300	-630,000	12,800
Fair Value Change Income	6.1M	1.0M	7.4M	--	--	--	--
Asset Disposal Income	-352,500	--	--	47,000	178,600	-1.9M	-127,100
Asset Impairment Loss	75.3M	6.6M	--	--	52.7M	--	-16,600
Other Income	122.0M	84.4M	37.5M	25.5M	15.6M	23.3M	24.9M
Income Before Tax	-169.0M	325.0M	661.0M	295.0M	85.2M	26.2M	-24.5M
Income Tax	-44.6M	6.8M	55.8M	16.4M	--	--	--
+Net Income	-124.0M	318.0M	605.0M	279.0M	85.2M	26.2M	-24.5M
Net Margin %	-8.0%	14.1%	30.3%	23.8%	16.0%	6.3%	-7.9%
Net Income Attributable	-124.0M	318.0M	605.0M	279.0M	85.2M	26.2M	-24.5M
Eps Basic	-0.14	0.35	0.69	0.35	0.14	0.06	-0.07
Eps Diluted	-0.14	0.35	0.69	0.35	0.14	0.06	-0.07

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
Cash And Equivalents	964.0M	1.9B	807.0M	320.0M	148.0M	235.0M	45.1M
Trading Financial Assets	791.0M	300.0M	1.5B	--	--	--	--
Accounts Receivable	218.0M	584.0M	14.4M	689,100	262,900	6.7M	8.7M
Notes Receivable	230.0M	--	--	1.0M	--	2.5M	63.3M
Notes And Accounts Receivable	448.0M	584.0M	14.4M	1.7M	262,900	9.2M	72.0M
Prepayments	38.6M	32.0M	52.1M	22.1M	5.9M	4.8M	4.9M
Inventory	565.0M	464.0M	298.0M	154.0M	31.0M	38.3M	49.4M
Total Current Assets	3.0B	3.6B	2.8B	693.0M	330.0M	345.0M	198.0M
Fixed Assets	--	4.5B	2.7B	2.1B	554.0M	593.0M	634.0M
Fixed Assets Total	4.5B	4.5B	2.7B	2.1B	554.0M	593.0M	634.0M
Construction In Progress	--	510.0M	1.3B	547.0M	1.1B	93.3M	14.8M
Construction In Progress Total	639.0M	527.0M	1.4B	566.0M	1.1B	93.3M	14.8M
Intangible Assets	425.0M	410.0M	185.0M	190.0M	130.0M	136.0M	94.8M
Long Term Deferred Expenses	24.8M	34.5M	38.0M	17.5M	--	--	--
Total Non Current Assets	6.4B	5.9B	4.4B	3.0B	1.8B	824.0M	747.0M
Total Assets	9.4B	9.5B	7.2B	3.7B	2.2B	1.2B	945.0M
Short Term Borrowings	156.0M	288.0M	253.0M	576.0M	55.9M	72.0M	253.0M
Accounts Payable	927.0M	1.1B	838.0M	534.0M	304.0M	108.0M	43.1M
Advance Receipts	--	--	--	--	--	27.9M	16.8M
Contract Liabilities	32.4M	22.3M	22.7M	50.6M	45.3M	--	--
Total Current Liabilities	1.7B	2.1B	1.3B	1.2B	538.0M	278.0M	424.0M
Long Term Borrowings	2.0B	1.8B	999.0M	1.1B	469.0M	96.5M	137.0M
Total Non Current Liabilities	3.0B	2.6B	1.3B	1.2B	658.0M	220.0M	276.0M
Total Liabilities	4.7B	4.7B	2.6B	2.5B	1.2B	497.0M	700.0M
Paid In Capital	900.0M	900.0M	900.0M	800.0M	800.0M	1.0B	615.0M
Capital Reserve	2.7B	2.7B	2.7B	50.7M	50.7M	244.0M	244.0M
Surplus Reserve	75.5M	69.8M	60.9M	36.2M	14.2M	--	--
Retained Earnings	922.0M	1.1B	929.0M	348.0M	91.7M	-587.0M	-614.0M
Equity Attributable	4.6B	4.8B	4.6B	1.2B	957.0M	671.0M	245.0M
Total Equity	4.6B	4.8B	4.6B	1.2B	957.0M	671.0M	245.0M

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
Cash From Sales	1.6B	1.4B	1.9B	1.3B	485.0M	347.0M	217.0M
Tax Refunds Received	45.0M	67.0M	186.0M	--	745,000	2.9M	1.2M
Total Operating Cash Inflow	2.0B	2.2B	2.3B	1.3B	576.0M	360.0M	243.0M
Cash Paid For Goods	760.0M	1.2B	927.0M	676.0M	190.0M	178.0M	178.0M
Cash Paid To Employees	459.0M	466.0M	333.0M	175.0M	61.9M	63.1M	59.8M
Taxes Paid	85.1M	139.0M	111.0M	59.6M	39.4M	5.2M	4.4M
Total Operating Cash Outflow	1.4B	1.9B	1.5B	1.0B	342.0M	300.0M	272.0M
Operating Cash Flow	540.0M	244.0M	835.0M	301.0M	233.0M	60.0M	-28.5M
Total Investing Cash Inflow	4.5B	3.8B	7.1B	474.0M	2.3M	4.4M	49.5M
Total Investing Cash Outflow	5.9B	3.8B	9.8B	1.6B	919.0M	70.7M	6.2M
Investing Cash Flow	-1.4B	13.9M	-2.7B	-1.2B	-916.0M	-66.3M	43.3M
Cash From Borrowings	712.0M	1.4B	1.1B	1.2B	766.0M	223.0M	319.0M
Dividends And Interest Paid	163.0M	143.0M	64.8M	38.6M	16.4M	17.7M	20.8M
Debt Repayments	793.0M	429.0M	1.4B	176.0M	389.0M	448.0M	387.0M
Total Financing Cash Inflow	712.0M	1.4B	3.8B	1.2B	988.0M	671.0M	348.0M
Total Financing Cash Outflow	959.0M	573.0M	1.5B	222.0M	407.0M	468.0M	410.0M
Financing Cash Flow	-246.0M	876.0M	2.3B	1.0B	581.0M	203.0M	-62.6M
Net Change In Cash	-1.1B	1.1B	475.0M	142.0M	-103.0M	197.0M	-47.9M
Ending Cash Balance	802.0M	1.9B	744.0M	269.0M	127.0M	230.0M	33.0M
Capex	694.0M	1.2B	1.2B	1.2B	917.0M	67.7M	5.8M