Huashi Group Holdings Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	288.53	234.75	207.17	157.64	103.44
Revenue Growth (YoY)	22.91%	13.31%	31.42%	52.39%	-
Cost of Revenue	128.98	84.89	103.88	64.26	33.03
Gross Profit	159.55	149.86	103.29	93.38	70.41
Selling, General & Admin	63.57	49.67	35.95	60.46	40.42
Other Operating Expenses	-0.37	7.44	5.94	-1.36	1.03
Operating Expenses	63.21	57.11	41.89	59.09	41.45
Operating Income	96.34	92.76	61.4	34.28	28.96
Interest Expense	-5.08	-2.27	-1.46	-0.69	-0.46
Interest & Investment Income	0.7	0.79	0.15	0.37	0.01
Currency Exchange Gain (Loss)	0.66	-1.29	-	-	-
Other Non Operating Income (Expenses)	7.56	-11.21	-4.48	-10.81	0.35
EBT Excluding Unusual Items	100.18	78.78	55.61	23.16	28.86
Other Unusual Items	-	-	-	-	0.82
Pretax Income	100.18	78.78	55.61	23.16	29.68
Income Tax Expense	19.54	13.8	9.95	4.68	5.36
Earnings From Continuing Operations	80.64	64.98	45.66	18.47	24.32
Minority Interest in Earnings	-	-	-	-	-0.09
Net Income	80.64	64.98	45.66	18.47	24.23
Net Income to Common	80.64	64.98	45.66	18.47	24.23
Net Income Growth	24.09%	42.32%	147.15%	-23.75%	-
Shares Outstanding (Basic)	771	663	646	-	-
Shares Outstanding (Diluted)	771	663	646	-	-
Shares Change (YoY)	16.16%	2.76%	-	-	-
EPS (Basic)	0.10	0.10	0.07	-	-
EPS (Diluted)	0.10	0.10	0.07	-	-
EPS Growth	6.83%	38.50%	-	-	-
Free Cash Flow	30.81	12.02	-45.11	17.73	22.64
Free Cash Flow Per Share	0.04	0.02	-0.07	-	-
Gross Margin	55.30%	63.84%	49.86%	59.24%	68.07%
Operating Margin	33.39%	39.51%	29.64%	21.75%	28.00%
Profit Margin	27.95%	27.68%	22.04%	11.72%	23.42%
Free Cash Flow Margin	10.68%	5.12%	-21.77%	11.25%	21.88%
EBITDA	101.96	97.6	65.9	36.31	30.42
EBITDA Margin	35.34%	41.58%	31.81%	23.03%	29.40%
D&A For EBITDA	5.62	4.84	4.5	2.02	1.46
EBIT	96.34	92.76	61.4	34.28	28.96
EBIT Margin	33.39%	39.51%	29.64%	21.75%	28.00%
Effective Tax Rate	19.51%	17.51%	17.89%	20.22%	18.05%
Advertising Expenses	-	-	-	0.22	0.21

Source: S&P Global Market Intelligence. Standard template. Financial Sources.