Huashi Group Holdings Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	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	320.64	288.53	234.75	207.17	157.64	103.44
Revenue Growth (YoY)	31.22%	22.91%	13.31%	31.42%	52.39%	-
Cost of Revenue	128.11	128.98	84.89	103.88	64.26	33.03
Gross Profit	192.52	159.55	149.86	103.29	93.38	70.41
Selling, General & Admin	71.15	63.57	49.67	35.95	60.46	40.42
Other Operating Expenses	4.16	-0.37	7.44	5.94	-1.36	1.03
Operating Expenses	75.3	63.21	57.11	41.89	59.09	41.45
Operating Income	117.22	96.34	92.76	61.4	34.28	28.96
Interest Expense	-4.23	-5.08	-2.27	-1.46	-0.69	-0.46
Interest & Investment Income	0.38	0.7	0.79	0.15	0.37	0.01
Currency Exchange Gain (Loss)	0.41	0.66	-1.29	-	-	-
Other Non Operating Income (Expenses)	7.3	7.56	-11.21	-4.48	-10.81	0.35
EBT Excluding Unusual Items	121.08	100.18	78.78	55.61	23.16	28.86
Other Unusual Items	-	-	-	-	-	0.82
Pretax Income	121.08	100.18	78.78	55.61	23.16	29.68
Income Tax Expense	22.63	19.54	13.8	9.95	4.68	5.36
Earnings From Continuing Operations	98.46	80.64	64.98	45.66	18.47	24.32
Minority Interest in Earnings	-	-	-	-	-	-0.09
Net Income	98.46	80.64	64.98	45.66	18.47	24.23
Net Income to Common	98.46	80.64	64.98	45.66	18.47	24.23
Net Income Growth	48.08%	24.09%	42.32%	147.15%	-23.75%	-
Shares Outstanding (Basic)	771	771	663	646	-	-
Shares Outstanding (Diluted)	771	771	663	646	-	-
Shares Change (YoY)	6.16%	16.16%	2.76%	-	-	-
EPS (Basic)	0.13	0.10	0.10	0.07	-	-
EPS (Diluted)	0.13	0.10	0.10	0.07	-	-
EPS Growth	39.49%	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	60.04%	55.30%	63.84%	49.86%	59.24%	68.07%
Operating Margin	36.56%	33.39%	39.51%	29.64%	21.75%	28.00%
Profit Margin	30.71%	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	122.41	101.96	97.6	65.9	36.31	30.42
EBITDA Margin	38.18%	35.34%	41.58%	31.81%	23.03%	29.40%
D&A For EBITDA	5.19	5.62	4.84	4.5	2.02	1.46
EBIT	117.22	96.34	92.76	61.4	34.28	28.96
EBIT Margin	36.56%	33.39%	39.51%	29.64%	21.75%	28.00%
Effective Tax Rate	18.69%	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.