明志科技 - Financials

明志科技 — 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	FY 2017Dec 31, 2017
+Revenue	631.0M	533.0M	613.0M	714.0M	612.0M	590.0M	471.0M	363.0M
Revenue Growth %	18.4%	-13.1%	-14.1%	16.7%	3.7%	25.3%	29.8%	--
Total Revenue	631.0M	533.0M	613.0M	714.0M	612.0M	590.0M	471.0M	363.0M
Cost Of Revenue	426.0M	385.0M	443.0M	469.0M	381.0M	381.0M	295.0M	230.0M
+Gross Profit	205.0M	148.0M	170.0M	245.0M	231.0M	209.0M	176.0M	133.0M
Gross Margin %	32.5%	27.8%	27.7%	34.3%	37.7%	35.4%	37.4%	36.6%
Total Operating Cost	601.0M	544.0M	607.0M	601.0M	501.0M	510.0M	439.0M	313.0M
Selling Expenses	12.8M	14.1M	20.3M	20.4M	15.9M	30.1M	22.3M	17.0M
Admin Expenses	74.2M	74.2M	76.6M	71.2M	66.5M	63.3M	85.4M	40.7M
Rd Expenses	61.2M	63.8M	54.4M	32.1M	26.6M	25.0M	27.4M	17.6M
Finance Expenses	4.7M	-11.8M	475,600	1.3M	1.7M	3.1M	1.2M	411,300
+Operating Income	69.1M	10.4M	34.4M	142.0M	139.0M	88.4M	37.3M	67.9M
Operating Margin %	11.0%	2.0%	5.6%	19.9%	22.7%	15.0%	7.9%	18.7%
Non Operating Income	1.7M	808,600	794,800	405,400	1.0M	807,300	1.8M	458,700
Non Operating Expenses	1.5M	747,300	1.6M	820,100	960,900	2.5M	1.0M	732,100
Investment Income	2.6M	1.5M	6.5M	7.1M	--	--	--	--
Fair Value Change Income	9.9M	8.0M	11.5M	1.5M	-730,000	--	--	--
Asset Disposal Income	21,500	-1.5M	-940,200	-192,400	-252,800	58,200	-1.1M	29,500
Asset Impairment Loss	7.5M	5.0M	3.9M	2.2M	4.9M	4.1M	1.9M	4.4M
Other Income	26.3M	13.0M	11.8M	20.5M	28.0M	8.3M	6.3M	17.5M
Income Before Tax	69.3M	10.5M	33.6M	141.0M	139.0M	86.8M	38.1M	67.7M
Income Tax	3.0M	-4.2M	-3.4M	18.0M	21.0M	12.6M	9.8M	9.6M
+Net Income	66.3M	14.7M	37.0M	123.0M	118.0M	74.1M	28.4M	58.1M
Net Margin %	10.5%	2.8%	6.0%	17.2%	19.3%	12.6%	6.0%	16.0%
Net Income Attributable	66.3M	14.7M	37.0M	123.0M	118.0M	74.1M	28.4M	58.1M
Eps Basic	0.54	0.12	0.30	1.12	1.28	0.87	0.33	0.69
Eps Diluted	0.54	0.12	0.30	1.12	1.28	0.87	0.33	0.69

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	FY 2017Dec 31, 2017
Cash And Equivalents	118.0M	189.0M	136.0M	168.0M	176.0M	80.1M	67.9M	59.9M
Trading Financial Assets	433.0M	390.0M	528.0M	564.0M	--	--	--	--
Accounts Receivable	150.0M	143.0M	182.0M	177.0M	117.0M	104.0M	95.9M	75.5M
Notes Receivable	3.2M	6.0M	19.9M	36.5M	68.3M	50.0M	67.1M	85.2M
Notes And Accounts Receivable	153.0M	149.0M	202.0M	214.0M	185.0M	154.0M	163.0M	161.0M
Prepayments	4.7M	12.9M	19.0M	22.4M	10.0M	7.5M	7.0M	7.5M
Inventory	139.0M	180.0M	216.0M	163.0M	159.0M	192.0M	260.0M	165.0M
Total Current Assets	869.0M	949.0M	1.1B	1.2B	567.0M	461.0M	501.0M	402.0M
Long Term Equity Investment	--	--	--	--	--	11.8M	--	--
Fixed Assets	--	329.0M	208.0M	181.0M	--	--	137.0M	139.0M
Fixed Assets Total	322.0M	329.0M	208.0M	181.0M	182.0M	147.0M	137.0M	139.0M
Construction In Progress	--	23.1M	42.1M	7.1M	3.6M	--	3.8M	1.3M
Construction In Progress Total	3.8M	23.1M	42.1M	7.1M	3.6M	3.6M	3.8M	1.3M
Intangible Assets	29.5M	26.9M	26.2M	19.3M	19.5M	15.4M	16.9M	15.7M
Long Term Deferred Expenses	13.1M	12.5M	4.0M	2.4M	2.5M	2.7M	793,700	1.3M
Total Non Current Assets	455.0M	437.0M	338.0M	241.0M	217.0M	228.0M	174.0M	167.0M
Total Assets	1.3B	1.4B	1.5B	1.4B	784.0M	689.0M	675.0M	569.0M
Short Term Borrowings	38.2M	73.3M	154.0M	36.2M	72.9M	42.2M	35.9M	29.0M
Accounts Payable	30.9M	41.3M	49.9M	56.7M	46.6M	30.5M	50.3M	37.5M
Advance Receipts	--	--	--	--	--	--	204.0M	120.0M
Contract Liabilities	61.9M	106.0M	74.2M	57.6M	87.6M	113.0M	--	--
Total Current Liabilities	214.0M	306.0M	374.0M	320.0M	304.0M	264.0M	396.0M	304.0M
Long Term Borrowings	--	--	--	--	20.9M	--	--	--
Total Non Current Liabilities	25.6M	20.7M	18.9M	11.0M	25.4M	7.7M	4.3M	3.1M
Total Liabilities	240.0M	327.0M	393.0M	331.0M	330.0M	272.0M	400.0M	308.0M
Paid In Capital	124.0M	124.0M	124.0M	123.0M	92.3M	92.3M	15.9M	15.0M
Capital Reserve	678.0M	682.0M	677.0M	656.0M	194.0M	194.0M	39.6M	5.8M
Surplus Reserve	47.7M	40.8M	37.9M	32.9M	19.5M	12.6M	8.0M	7.5M
Retained Earnings	248.0M	244.0M	238.0M	256.0M	146.0M	116.0M	211.0M	233.0M
Equity Attributable	1.1B	1.1B	1.1B	1.1B	454.0M	417.0M	275.0M	262.0M
Total Equity	1.1B	1.1B	1.1B	1.1B	454.0M	417.0M	275.0M	262.0M

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	FY 2017Dec 31, 2017
Cash From Sales	589.0M	626.0M	670.0M	721.0M	584.0M	547.0M	593.0M	422.0M
Tax Refunds Received	28.7M	30.1M	22.6M	11.3M	4.8M	5.7M	12.8M	8.0M
Total Operating Cash Inflow	645.0M	671.0M	710.0M	760.0M	619.0M	564.0M	621.0M	448.0M
Cash Paid For Goods	330.0M	295.0M	478.0M	404.0M	259.0M	281.0M	347.0M	255.0M
Cash Paid To Employees	151.0M	146.0M	160.0M	143.0M	129.0M	141.0M	124.0M	86.3M
Taxes Paid	12.7M	6.2M	21.9M	23.4M	34.8M	29.9M	31.9M	30.0M
Total Operating Cash Outflow	540.0M	501.0M	712.0M	617.0M	475.0M	498.0M	550.0M	411.0M
Operating Cash Flow	105.0M	170.0M	-2.0M	143.0M	144.0M	65.7M	70.8M	37.4M
Total Investing Cash Inflow	1.2B	1.5B	1.7B	1.1B	175,900	236,100	271,000	956,400
Total Investing Cash Outflow	1.3B	1.5B	1.8B	1.7B	61.9M	74.9M	36.2M	17.2M
Investing Cash Flow	-86.7M	-20.6M	-71.5M	-614.0M	-61.7M	-74.7M	-36.0M	-16.2M
Cash From Borrowings	123.0M	143.0M	220.0M	--	90.0M	182.0M	80.9M	51.0M
Dividends And Interest Paid	56.8M	9.0M	51.7M	1.5M	3.3M	43.3M	51.6M	1.3M
Debt Repayments	158.0M	224.0M	126.0M	32.6M	137.0M	77.7M	74.0M	74.3M
Total Financing Cash Inflow	137.0M	187.0M	290.0M	515.0M	125.0M	245.0M	153.0M	126.0M
Total Financing Cash Outflow	216.0M	294.0M	219.0M	54.1M	174.0M	188.0M	184.0M	140.0M
Financing Cash Flow	-79.8M	-107.0M	71.1M	461.0M	-48.4M	56.9M	-31.1M	-14.4M
Net Change In Cash	-61.7M	50.6M	683,000	-9.6M	34.9M	48.9M	4.0M	7.2M
Ending Cash Balance	116.0M	178.0M	127.0M	126.0M	136.0M	101.0M	52.2M	48.2M
Capex	19.3M	148.0M	125.0M	46.4M	61.7M	74.0M	36.2M	17.2M