Ruifeng Power Group Company Limited (HKG:2025)

HKG:2025 Income Statement

Financials in millions CNY. 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	956.85	718.49	600.49	679.76	433.48
Revenue Growth (YoY)	33.18%	19.65%	-11.66%	56.82%	22.09%
Cost of Revenue	855.57	630.78	503.02	561.54	326.98
Gross Profit	101.29	87.71	97.47	118.22	106.49
Selling, General & Admin	95.1	85.46	83.43	85.23	65.86
Other Operating Expenses	-25.25	-15.75	-23.09	-24.94	-21.84
Operating Expenses	69.28	64.36	66.18	70.48	59.6
Operating Income	32.01	23.35	31.29	47.74	46.89
Interest Expense	-10.59	-9.77	-8.06	-6.39	-6.21
Interest & Investment Income	0.24	0.06	0.24	0.64	0.18
Other Non Operating Income (Expenses)	-0.07	-0.24	-0.19	-0.06	-1.3
EBT Excluding Unusual Items	21.59	13.4	23.28	41.94	39.57
Gain (Loss) on Sale of Assets	-0.13	-0.65	-0.13	0.08	-0.04
Pretax Income	21.46	12.76	23.16	42.02	39.53
Income Tax Expense	2.14	1.49	2.75	5.45	5.93
Net Income	19.32	11.27	20.41	36.57	33.6
Net Income to Common	19.32	11.27	20.41	36.57	33.6
Net Income Growth	71.46%	-44.80%	-44.18%	8.84%	11.57%
Shares Outstanding (Basic)	800	800	800	800	800
Shares Outstanding (Diluted)	800	800	800	800	800
EPS (Basic)	0.02	0.01	0.03	0.05	0.04
EPS (Diluted)	0.02	0.01	0.03	0.05	0.04
EPS Growth	71.46%	-44.80%	-44.18%	8.84%	11.58%
Free Cash Flow	-58.27	27.57	-69.71	16.26	-28.41
Free Cash Flow Per Share	-0.07	0.03	-0.09	0.02	-0.04
Dividend Per Share	0.019	0.027	0.015	0.024	0.017
Dividend Growth	-30.98%	81.08%	-38.47%	45.12%	-
Gross Margin	10.59%	12.21%	16.23%	17.39%	24.57%
Operating Margin	3.35%	3.25%	5.21%	7.02%	10.82%
Profit Margin	2.02%	1.57%	3.40%	5.38%	7.75%
Free Cash Flow Margin	-6.09%	3.84%	-11.61%	2.39%	-6.55%
EBITDA	137.08	121.99	117.14	111.98	109.6
EBITDA Margin	14.33%	16.98%	19.51%	16.47%	25.28%
D&A For EBITDA	105.07	98.64	85.85	64.24	62.71
EBIT	32.01	23.35	31.29	47.74	46.89
EBIT Margin	3.35%	3.25%	5.21%	7.02%	10.82%
Effective Tax Rate	9.98%	11.66%	11.86%	12.96%	15.01%

Updated Sep 26, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.