Shandong Hualu-Hengsheng Chemical Co., Ltd. (SHA:600426)

SHA:600426 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
Operating Revenue	33,795	26,924	29,347	26,425	12,836
Other Revenue	431.08	336.31	898.18	318.95	279.3
Revenue	34,226	27,260	30,245	26,744	13,115
Revenue Growth (YoY)	25.55%	-9.87%	13.09%	103.92%	-7.58%
Cost of Revenue	27,854	21,617	21,506	17,326	10,326
Gross Profit	6,372	5,642	8,739	9,418	2,789
Selling, General & Admin	418.59	387.23	307.78	326.16	216.8
Research & Development	660.66	578.38	610.63	368.44	284.03
Other Operating Expenses	39.06	187.64	215.64	134.01	98.71
Operating Expenses	1,144	1,154	1,132	832.01	598.81
Operating Income	5,228	4,488	7,607	8,586	2,190
Interest Expense	-258.72	-97.77	-91.08	-109.6	-108.09
Interest & Investment Income	22.81	35.92	72.5	50.14	58.01
Currency Exchange Gain (Loss)	19.36	6.62	0.43	-4.11	-7.64
Other Non Operating Income (Expenses)	-3.79	-4.58	-2.22	-2.94	-2.13
EBT Excluding Unusual Items	5,008	4,428	7,587	8,520	2,130
Gain (Loss) on Sale of Investments	-32.03	-6.39	1.23	1.02	-9.35
Gain (Loss) on Sale of Assets	4.52	5.21	16.54	15.4	-1.25
Asset Writedown	-	-	-17.08	-	-
Other Unusual Items	34.42	-146.27	-177.14	7.37	3.42
Pretax Income	5,015	4,281	7,411	8,543	2,123
Income Tax Expense	836.44	658.35	1,123	1,273	324.56
Earnings From Continuing Operations	4,178	3,622	6,288	7,270	1,798
Minority Interest in Earnings	-275.61	-46.53	1.85	0.45	-0.1
Net Income	3,903	3,576	6,289	7,271	1,798
Net Income to Common	3,903	3,576	6,289	7,271	1,798
Net Income Growth	9.14%	-43.14%	-13.50%	304.30%	-26.69%
Shares Outstanding (Basic)	2,120	2,117	2,121	2,114	2,116
Shares Outstanding (Diluted)	2,120	2,117	2,121	2,114	2,116
Shares Change (YoY)	0.13%	-0.19%	0.33%	-0.07%	0.05%
EPS (Basic)	1.84	1.69	2.96	3.44	0.85
EPS (Diluted)	1.84	1.69	2.96	3.44	0.85
EPS Growth	9.00%	-43.04%	-13.78%	304.59%	-26.72%
Free Cash Flow	-112.6	-3,995	29.33	1,233	379.03
Free Cash Flow Per Share	-0.05	-1.89	0.01	0.58	0.18
Dividend Per Share	0.600	0.600	0.800	0.800	0.231
Dividend Growth	-	-25.00%	-	246.62%	-14.26%
Gross Margin	18.62%	20.70%	28.89%	35.22%	21.27%
Operating Margin	15.28%	16.46%	25.15%	32.10%	16.70%
Profit Margin	11.40%	13.12%	20.79%	27.19%	13.71%
Free Cash Flow Margin	-0.33%	-14.66%	0.10%	4.61%	2.89%
EBITDA	7,976	6,377	9,371	9,994	3,489
EBITDA Margin	23.30%	23.39%	30.98%	37.37%	26.60%
D&A For EBITDA	2,748	1,889	1,764	1,408	1,299
EBIT	5,228	4,488	7,607	8,586	2,190
EBIT Margin	15.28%	16.46%	25.15%	32.10%	16.70%
Effective Tax Rate	16.68%	15.38%	15.15%	14.90%	15.29%
Revenue as Reported	34,226	27,260	30,245	26,744	13,115

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.