Changhong Jiahua Holdings Income Statement

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

Millions HKD. 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	41,869	39,986	37,171	38,339	44,558	40,381
Revenue Growth (YoY)	6.01%	7.58%	-3.05%	-13.96%	10.34%	34.61%
Cost of Revenue	40,480	38,603	35,870	37,067	43,240	39,303
Gross Profit	1,389	1,383	1,301	1,273	1,318	1,079
Selling, General & Admin	706.57	700.81	634.33	611.33	606.26	544.05
Research & Development	31.88	26.51	26.89	27.21	33.4	24.56
Operating Expenses	780.58	760.46	732.44	681.73	701.62	587.72
Operating Income	608.27	622.39	568.17	590.79	616.82	491.04
Interest Expense	-221.02	-261.66	-248.55	-211.09	-175.29	-144.13
Interest & Investment Income	54.53	54.53	95.22	33.91	31.45	23.19
Currency Exchange Gain (Loss)	-18.74	-21.94	-21.35	0.4	-2.82	-0.09
Other Non Operating Income (Expenses)	30	22.12	35.16	27.4	32.5	25.93
EBT Excluding Unusual Items	453.04	415.44	428.65	441.4	502.67	395.93
Gain (Loss) on Sale of Investments	-	-	-	0.02	3.58	19.44
Other Unusual Items	-	-	-	-	-	0.11
Pretax Income	453.04	415.44	428.65	441.42	506.25	415.48
Income Tax Expense	57.07	36.17	68.11	75.6	93	70.08
Earnings From Continuing Operations	395.97	379.27	360.54	365.82	413.25	345.4
Net Income to Company	395.97	379.27	360.54	365.82	413.25	345.4
Net Income	395.97	379.27	360.54	365.82	413.25	345.4
Net Income to Common	395.97	379.27	360.54	365.82	413.25	345.4
Net Income Growth	9.83%	5.19%	-1.44%	-11.48%	19.64%	19.45%
Shares Outstanding (Basic)	2,571	2,571	2,571	2,571	2,571	2,571
Shares Outstanding (Diluted)	2,571	2,571	2,571	2,571	2,571	2,571
EPS (Basic)	0.15	0.15	0.14	0.14	0.16	0.13
EPS (Diluted)	0.15	0.15	0.14	0.14	0.16	0.13
EPS Growth	9.79%	5.16%	-1.43%	-11.48%	19.64%	19.45%
Free Cash Flow	-1,288	-3,293	-2,930	-2,120	460.05	-2,252
Free Cash Flow Per Share	-0.50	-1.28	-1.14	-0.82	0.18	-0.88
Dividend Per Share	0.050	0.050	0.050	0.050	0.050	0.050
Dividend Growth	-	-	-	-	-	25.00%
Gross Margin	3.32%	3.46%	3.50%	3.32%	2.96%	2.67%
Operating Margin	1.45%	1.56%	1.53%	1.54%	1.38%	1.22%
Profit Margin	0.95%	0.95%	0.97%	0.95%	0.93%	0.85%
Free Cash Flow Margin	-3.08%	-8.24%	-7.88%	-5.53%	1.03%	-5.58%
EBITDA	609.65	624.14	569.92	592.66	618.93	494.9
EBITDA Margin	1.46%	1.56%	1.53%	1.55%	1.39%	1.23%
D&A For EBITDA	1.38	1.75	1.74	1.87	2.11	3.86
EBIT	608.27	622.39	568.17	590.79	616.82	491.04
EBIT Margin	1.45%	1.56%	1.53%	1.54%	1.38%	1.22%
Effective Tax Rate	12.60%	8.71%	15.89%	17.13%	18.37%	16.87%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.