China Hongguang 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	231.59	242.2	217.14	208.66	203.07	156.9
Revenue Growth (YoY)	5.35%	11.54%	4.07%	2.75%	29.43%	-21.62%
Cost of Revenue	165.82	179.09	153.38	143.49	145.57	113.9
Gross Profit	65.77	63.12	63.76	65.17	57.5	43.01
Selling, General & Admin	40.04	41.55	21.88	24.63	13.98	28.88
Other Operating Expenses	-22.03	-6.18	-2.06	-3.23	-3.13	-1.38
Operating Expenses	18.01	35.37	19.83	21.4	10.85	27.5
Operating Income	47.76	27.75	43.94	43.78	46.65	15.51
Interest Expense	-3.81	-4.13	-4.4	-4.4	-3.07	-2.42
Interest & Investment Income	0	0	0.01	0.01	0.01	0.02
EBT Excluding Unusual Items	43.95	23.63	39.55	39.39	43.59	13.11
Pretax Income	43.95	23.63	39.55	39.39	43.59	13.11
Income Tax Expense	3.17	2.48	3.82	4.83	4.59	2.81
Net Income	40.79	21.14	35.73	34.56	39	10.3
Net Income to Common	40.79	21.14	35.73	34.56	39	10.3
Net Income Growth	44.43%	-40.83%	3.38%	-11.39%	278.79%	-61.38%
Shares Outstanding (Basic)	459	459	431	333	300	297
Shares Outstanding (Diluted)	459	459	431	333	300	297
Shares Change (YoY)	-0.41%	6.48%	29.30%	11.12%	0.91%	32.13%
EPS (Basic)	0.09	0.05	0.08	0.10	0.13	0.03
EPS (Diluted)	0.09	0.05	0.08	0.10	0.13	0.03
EPS Growth	45.03%	-44.43%	-20.05%	-20.25%	275.38%	-70.77%
Free Cash Flow	-33.94	12.21	-16.37	-57.87	4.8	-43.25
Free Cash Flow Per Share	-0.07	0.03	-0.04	-0.17	0.02	-0.14
Gross Margin	28.40%	26.06%	29.37%	31.23%	28.32%	27.41%
Operating Margin	20.62%	11.46%	20.23%	20.98%	22.97%	9.88%
Profit Margin	17.61%	8.73%	16.45%	16.56%	19.20%	6.56%
Free Cash Flow Margin	-14.66%	5.04%	-7.54%	-27.74%	2.36%	-27.57%
EBITDA	57.38	37.42	53.66	53.37	54.31	23.17
EBITDA Margin	24.78%	15.45%	24.71%	25.58%	26.75%	14.77%
D&A For EBITDA	9.62	9.67	9.73	9.59	7.66	7.67
EBIT	47.76	27.75	43.94	43.78	46.65	15.51
EBIT Margin	20.62%	11.46%	20.23%	20.98%	22.97%	9.88%
Effective Tax Rate	7.20%	10.51%	9.66%	12.26%	10.53%	21.45%

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