China Electronics Huada Technology Company Limited (HKG:0085)

HKG:0085 Income Statement

Financials in millions HKD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,349	3,019	2,483	1,682	1,325
Revenue Growth (YoY)	-22.20%	21.59%	47.66%	26.96%	-21.88%
Cost of Revenue	1,214	1,721	1,371	1,111	874.11
Gross Profit	1,135	1,298	1,112	570.53	450.45
Selling, General & Admin	608.32	612.13	533.95	471.12	393.72
Other Operating Expenses	-91.11	-34.53	-26.22	-12.38	-23.84
Operating Expenses	517.57	576.33	496.78	452.24	381.57
Operating Income	617.39	721.73	615.47	118.29	68.87
Interest Expense	-38.31	-42.59	-39.47	-29.26	-100.38
Interest & Investment Income	55.03	56.29	32.82	22.59	17.56
Earnings From Equity Investments	-0.07	0.17	1.31	0.11	91.29
Other Non Operating Income (Expenses)	0.17	1	-2.72	-0.11	-
EBT Excluding Unusual Items	634.2	736.6	607.4	111.63	77.35
Gain (Loss) on Sale of Investments	4.99	-	0.44	0.99	-1,081
Asset Writedown	-5.42	0.06	-	-	-
Other Unusual Items	-	-	-	-	0.86
Pretax Income	633.77	736.67	607.84	112.61	-1,002
Income Tax Expense	45.09	49.3	74.96	-14.71	8.82
Earnings From Continuing Operations	588.68	687.37	532.89	127.32	-1,011
Net Income to Company	588.68	687.37	532.89	127.32	-1,011
Minority Interest in Earnings	-1.18	-0.93	-1.46	-1.88	-2.14
Net Income	587.5	686.43	531.43	125.44	-1,013
Net Income to Common	587.5	686.43	531.43	125.44	-1,013
Net Income Growth	-14.41%	29.17%	323.64%	-	-
Shares Outstanding (Basic)	2,030	2,030	2,030	2,030	2,030
Shares Outstanding (Diluted)	2,030	2,030	2,030	2,030	2,030
EPS (Basic)	0.29	0.34	0.26	0.06	-0.50
EPS (Diluted)	0.29	0.34	0.26	0.06	-0.50
EPS Growth	-14.41%	29.17%	323.65%	-	-
Free Cash Flow	184.07	803.17	923.15	48.17	148.33
Free Cash Flow Per Share	0.09	0.40	0.46	0.02	0.07
Dividend Per Share	0.090	0.105	0.080	0.019	-
Dividend Growth	-14.29%	31.25%	321.05%	-	-
Gross Margin	48.32%	42.99%	44.79%	33.93%	34.01%
Operating Margin	26.28%	23.91%	24.79%	7.03%	5.20%
Profit Margin	25.01%	22.74%	21.40%	7.46%	-76.50%
Free Cash Flow Margin	7.84%	26.60%	37.18%	2.86%	11.20%
EBITDA	634.29	741.48	636.73	134.85	84.62
EBITDA Margin	27.00%	24.56%	25.64%	8.02%	6.39%
D&A For EBITDA	16.9	19.75	21.26	16.56	15.75
EBIT	617.39	721.73	615.47	118.29	68.87
EBIT Margin	26.28%	23.91%	24.79%	7.03%	5.20%
Effective Tax Rate	7.12%	6.69%	12.33%	-	-

Updated Sep 27, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.