Hebei Haiwei Electronic New Material Technology Co., Ltd (HKG:9609)

HKG:9609 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Revenue	421.7	329.55	327.08
Revenue Growth (YoY)	27.96%	0.76%	-
Cost of Revenue	296.62	226.66	180.23
Gross Profit	125.07	102.89	146.85
Selling, General & Admin	15.8	12.06	8.23
Research & Development	16.8	14.4	11.21
Other Operating Expenses	0.92	0.98	0.9
Operating Expenses	33.4	31.2	18.05
Operating Income	91.67	71.69	128.8
Interest Expense	-2.4	-4.93	-22.19
Interest & Investment Income	1.7	1.69	1.35
Currency Exchange Gain (Loss)	-0.78	-0.68	-
Other Non Operating Income (Expenses)	0.33	10.52	12.62
EBT Excluding Unusual Items	90.52	78.29	120.57
Gain (Loss) on Sale of Investments	0.28	-	-
Gain (Loss) on Sale of Assets	2.43	-	-
Pretax Income	93.23	78.29	120.57
Income Tax Expense	6.81	8.47	18.57
Earnings From Continuing Operations	86.42	69.83	102.01
Minority Interest in Earnings	3.47	1.08	-
Net Income	89.88	70.9	102.01
Net Income to Common	89.88	70.9	102.01
Net Income Growth	26.77%	-30.49%	-
Shares Outstanding (Basic)	124	115	97
Shares Outstanding (Diluted)	124	115	97
Shares Change (YoY)	7.82%	18.27%	-
EPS (Basic)	0.73	0.62	1.05
EPS (Diluted)	0.73	0.62	1.05
EPS Growth	17.58%	-41.23%	-
Free Cash Flow	-0.86	-114.47	198.84
Free Cash Flow Per Share	-0.01	-1.00	2.05
Gross Margin	29.66%	31.22%	44.90%
Operating Margin	21.74%	21.75%	39.38%
Profit Margin	21.32%	21.52%	31.19%
Free Cash Flow Margin	-0.20%	-34.74%	60.79%
EBITDA	116.47	89.95	144.26
EBITDA Margin	27.62%	27.30%	44.11%
D&A For EBITDA	24.8	18.26	15.47
EBIT	91.67	71.69	128.8
EBIT Margin	21.74%	21.75%	39.38%
Effective Tax Rate	7.31%	10.81%	15.40%

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