Zhejiang Hengtong Holding Co.,Ltd. (SHA:600226)

Zhejiang Hengtong Holding Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,653	1,300	641.56	596.7	674.1	546.45
Other Revenue	35.09	35.09	6.38	5.38	7.15	9.21
Revenue	1,688	1,335	647.94	602.08	681.24	555.66
Revenue Growth (YoY)	51.18%	105.98%	7.62%	-11.62%	22.60%	-31.00%
Cost of Revenue	1,592	1,185	517.87	522.65	575.19	520.11
Gross Profit	96.15	149.68	130.07	79.44	106.06	35.55
Selling, General & Admin	101.61	98.91	92.49	112.52	112.33	114.59
Research & Development	73.31	40.76	17.54	13.16	19.56	176.76
Other Operating Expenses	-20.06	11.44	8.26	5.52	6.56	6.93
Operating Expenses	138.97	165	118.29	131.2	133.06	605.8
Operating Income	-42.82	-15.31	11.78	-51.77	-27	-570.25
Interest Expense	-31.47	-22.99	-6.58	-1.09	-2.77	-13.11
Interest & Investment Income	252.86	222.67	194.77	678.88	485.13	316.45
Currency Exchange Gain (Loss)	6.88	6.88	6.84	33.26	-8.18	-25.55
Other Non Operating Income (Expenses)	-10.83	-2.12	-7.69	-59.22	-63.46	-163.48
EBT Excluding Unusual Items	174.61	189.12	199.12	600.07	383.72	-455.94
Impairment of Goodwill	-	-	-	-	-	-467.23
Gain (Loss) on Sale of Investments	-11.62	-20.59	-27.42	-47.06	-1.93	-23.71
Gain (Loss) on Sale of Assets	-1.36	-0.61	-3.31	-0.78	0.12	14.78
Asset Writedown	7.07	-3.3	-11.72	-18.6	-0.4	-12.21
Other Unusual Items	43.12	43.12	13.81	2.99	2.83	-0.56
Pretax Income	211.82	207.74	170.48	536.62	384.34	-944.87
Income Tax Expense	21.26	42.18	17.24	57.32	9.33	-1.97
Earnings From Continuing Operations	190.57	165.55	153.25	479.3	375.01	-942.9
Net Income to Company	190.57	165.55	153.25	479.3	375.01	-942.9
Minority Interest in Earnings	0.16	23.9	12.51	3.17	0.02	0.64
Net Income	190.73	189.45	165.76	482.47	375.03	-942.26
Net Income to Common	190.73	189.45	165.76	482.47	375.03	-942.26
Net Income Growth	-0.14%	14.29%	-65.64%	28.65%	-	-
Shares Outstanding (Basic)	3,173	3,158	2,763	3,015	3,125	3,141
Shares Outstanding (Diluted)	3,173	3,158	2,763	3,015	3,125	3,141
Shares Change (YoY)	3.10%	14.29%	-8.38%	-3.51%	-0.50%	0.57%
EPS (Basic)	0.06	0.06	0.06	0.16	0.12	-0.30
EPS (Diluted)	0.06	0.06	0.06	0.16	0.12	-0.30
EPS Growth	-3.14%	-	-62.50%	33.33%	-	-
Free Cash Flow	-569.54	-163.47	-472.91	-238.03	86.41	31.32
Free Cash Flow Per Share	-0.18	-0.05	-0.17	-0.08	0.03	0.01
Gross Margin	5.70%	11.21%	20.07%	13.19%	15.57%	6.40%
Operating Margin	-2.54%	-1.15%	1.82%	-8.60%	-3.96%	-102.63%
Profit Margin	11.30%	14.19%	25.58%	80.13%	55.05%	-169.58%
Free Cash Flow Margin	-33.74%	-12.25%	-72.99%	-39.53%	12.68%	5.64%
EBITDA	61.5	67.7	66.4	-3.63	22.8	-503.13
EBITDA Margin	3.64%	5.07%	10.25%	-0.60%	3.35%	-90.55%
D&A For EBITDA	104.31	83.02	54.62	48.14	49.8	67.12
EBIT	-42.82	-15.31	11.78	-51.77	-27	-570.25
EBIT Margin	-2.54%	-1.15%	1.82%	-8.60%	-3.96%	-102.63%
Effective Tax Rate	10.04%	20.31%	10.11%	10.68%	2.43%	-
Revenue as Reported	1,688	1,335	647.94	602.08	681.24	555.66
Advertising Expenses	-	1.76	1.55	0.95	0.99	2.08

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