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BAIMTEC MATERIAL CO LTD — 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, 2020FY 2019Dec 31, 2019
+Revenue 2.9B 2.8B 2.3B 1.9B 1.5B 1.3B
Revenue Growth % 4.6% 20.0% 19.9% 34.0% 9.7% --
Total Revenue 2.9B 2.8B 2.3B 1.9B 1.5B 1.3B
Cost Of Revenue 2.1B 1.9B 1.5B 1.3B 947.0M 793.0M
+Gross Profit 869.0M 885.0M 789.0M 668.0M 506.0M 532.0M
Gross Margin % 29.6% 31.6% 33.8% 34.3% 34.8% 40.2%
Total Operating Cost 2.4B 2.2B 1.8B 1.5B 1.1B 945.0M
Selling Expenses 16.1M 14.8M 13.2M 11.0M 9.5M 15.4M
Admin Expenses 78.7M 81.9M 68.2M 53.1M 49.5M 47.2M
Rd Expenses 242.0M 204.0M 187.0M 128.0M 104.0M 85.7M
Finance Expenses -65.4M -50.3M -14.8M 8.2M 13.3M 9.9M
+Operating Income 644.0M 647.0M 491.0M 422.0M 320.0M 380.0M
Operating Margin % 22.0% 23.1% 21.0% 21.7% 22.0% 28.7%
Non Operating Income 74,400 360,700 535,300 341,000 109,200 1.2M
Non Operating Expenses 990,800 1.2M 2.8M 1.4M 1,000 908,400
Investment Income 69.9M 3.9M -- -- -- --
Fair Value Change Income 6.7M 8.6M -- -- -- --
Asset Disposal Income 79,900 -- 29,000 154,600 86,400 --
Asset Impairment Loss 5.9M -2.1M 3.9M 18.3M 3.6M 1.8M
Other Income 15.5M 8.0M 378,400 380,000 2.7M 820,600
Income Before Tax 643.0M 646.0M 488.0M 421.0M 320.0M 381.0M
Income Tax 62.1M 69.8M 46.0M 45.6M 37.2M 48.3M
+Net Income 581.0M 576.0M 442.0M 375.0M 283.0M 332.0M
Net Margin % 19.8% 20.5% 18.9% 19.3% 19.5% 25.1%
Net Income Attributable 581.0M 576.0M 442.0M 375.0M 283.0M 332.0M
Eps Basic 1.29 1.45 1.23 1.04 -- --
Eps Diluted 1.29 1.45 1.23 1.04 -- --
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020FY 2019Dec 31, 2019
Cash And Equivalents 3.3B 4.1B 858.0M 918.0M 58.0M 42.2M
Trading Financial Assets 2.9B 2.6B -- -- -- --
Accounts Receivable 1.7B 982.0M 739.0M 741.0M 323.0M 367.0M
Notes Receivable 459.0M 746.0M 663.0M 349.0M 186.0M 152.0M
Notes And Accounts Receivable 2.1B 1.7B 1.4B 1.1B 510.0M 518.0M
Prepayments 55.6M 42.8M 37.5M 17.1M 4.8M 7.7M
Inventory 1.2B 1.2B 1.2B 840.0M 678.0M 499.0M
Total Current Assets 10.6B 10.9B 3.5B 3.0B 1.4B 1.1B
Long Term Equity Investment 60.0M -- -- -- -- --
Fixed Assets -- 217.0M 165.0M 174.0M 197.0M 214.0M
Fixed Assets Total 240.0M 217.0M 165.0M 174.0M 197.0M 214.0M
Construction In Progress -- 108.0M 24.1M 8.0M 694,700 1.6M
Construction In Progress Total 172.0M 108.0M 24.1M 8.0M 694,700 1.6M
Intangible Assets 118.0M 153.0M 187.0M 13.9M 14.7M 16.3M
Total Non Current Assets 1.2B 628.0M 543.0M 335.0M 247.0M 262.0M
Total Assets 11.7B 11.5B 4.1B 3.3B 1.7B 1.4B
Short Term Borrowings -- -- -- -- 304.0M 270.0M
Accounts Payable 652.0M 419.0M 736.0M 448.0M 185.0M 351.0M
Advance Receipts -- -- -- -- -- 11.2M
Contract Liabilities 14.7M 37.3M 14.0M 14.7M 77.8M --
Total Current Liabilities 1.3B 1.4B 1.4B 1.1B 772.0M 817.0M
Total Non Current Liabilities 95.2M 62.8M 93.2M 66.7M 3.7M -5.6M
Total Liabilities 1.4B 1.5B 1.5B 1.1B 776.0M 811.0M
Paid In Capital 450.0M 450.0M 360.0M 360.0M 80.8M 80.8M
Capital Reserve 8.5B 8.5B 1.7B 1.7B 205.0M 203.0M
Surplus Reserve 175.0M 117.0M 59.2M 14.9M 5.7M 2.0M
Retained Earnings 1.3B 972.0M 512.0M 134.0M 582.0M 303.0M
Equity Attributable 10.4B 10.0B 2.6B 2.2B 878.0M 589.0M
Total Equity 10.4B 10.0B 2.6B 2.2B 878.0M 589.0M
Line ItemFY 2024Dec 31, 2024FY 2023Dec 31, 2023FY 2022Dec 31, 2022FY 2021Dec 31, 2021FY 2020Dec 31, 2020FY 2019Dec 31, 2019
Cash From Sales 2.3B 2.2B 1.9B 1.1B 1.3B 1.1B
Tax Refunds Received 17.9M 6.3M 15.2M 10.3M 16.9M 20.1M
Total Operating Cash Inflow 2.4B 2.2B 1.9B 1.1B 1.3B 1.2B
Cash Paid For Goods 1.8B 1.4B 1.3B 646.0M 879.0M 847.0M
Cash Paid To Employees 364.0M 366.0M 346.0M 322.0M 244.0M 238.0M
Taxes Paid 158.0M 148.0M 98.3M 18.1M 53.2M 46.7M
Total Operating Cash Outflow 2.4B 2.0B 1.8B 998.0M 1.3B 1.2B
Operating Cash Flow 21.6M 265.0M 172.0M 145.0M 3.4M 12.2M
Total Investing Cash Inflow 9.9B 407,600 160,900 214,900 161,800 81,100
Total Investing Cash Outflow 12.4B 3.9B 190.0M 22.2M 11.3M 16.8M
Investing Cash Flow -2.5B -3.9B -190.0M -22.0M -11.2M -16.8M
Cash From Borrowings -- -- -- -- 304.0M 450.0M
Dividends And Interest Paid 236.0M 59.4M 20.2M 128.0M 11.7M 13.5M
Debt Repayments -- -- -- 270.0M 270.0M 450.0M
Total Financing Cash Inflow 6.2M 6.9B -- 1.2B 305.0M 456.0M
Total Financing Cash Outflow 297.0M 103.0M 55.0M 414.0M 282.0M 463.0M
Financing Cash Flow -291.0M 6.8B -55.0M 738.0M 23.5M -7.4M
Net Change In Cash -2.8B 3.2B -60.5M 860.0M 15.8M -12.0M
Ending Cash Balance 1.3B 4.1B 857.0M 918.0M 57.9M 42.2M
Capex 146.0M 188.0M 190.0M 22.2M 11.3M 16.8M
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