Huafang Co.,Ltd (SHA:600448)

Huafang Co.,Ltd 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,998	2,881	2,744	3,436	3,417	3,240
Other Revenue	52.7	53.56	53.86	53.05	204.63	100.26
Revenue	3,051	2,934	2,798	3,489	3,621	3,340
Revenue Growth (YoY)	7.71%	4.89%	-19.81%	-3.66%	8.40%	8.36%
Cost of Revenue	2,788	2,661	2,468	3,233	3,279	2,944
Gross Profit	262.4	272.92	329.63	255.63	342.39	396.73
Selling, General & Admin	110.92	112.39	123.09	105.28	118.24	134.55
Research & Development	161.21	141.69	123.89	163.98	169.12	147.78
Other Operating Expenses	22.73	24.13	22.99	21.7	24.51	21.93
Operating Expenses	301.39	288.72	277.38	294.65	306.94	298.55
Operating Income	-38.98	-15.8	52.25	-39.02	35.46	98.18
Interest Expense	-77.5	-77.14	-77.3	-74.49	-73.44	-61.89
Interest & Investment Income	7.24	6.99	10.08	2.92	6.2	6.53
Earnings From Equity Investments	-	-	-	-0.34	-	-
Currency Exchange Gain (Loss)	14.37	23.57	18.19	28.75	-13.21	-38.53
Other Non Operating Income (Expenses)	-20.09	-15.93	-10.23	-18.52	-11.89	-8.48
EBT Excluding Unusual Items	-114.96	-78.3	-7.01	-100.7	-56.89	-4.19
Gain (Loss) on Sale of Investments	-	-	-0.03	-0.7	0.41	10.07
Gain (Loss) on Sale of Assets	9.6	9.6	-0.09	-3.77	2.52	4.58
Other Unusual Items	13.44	12.66	15.53	18.48	1.9	10.15
Pretax Income	-91.92	-56.04	8.4	-86.69	-52.05	20.6
Income Tax Expense	0.05	0.02	-0.17	-0.27	5.04	2.25
Earnings From Continuing Operations	-91.97	-56.06	8.57	-86.42	-57.09	18.35
Minority Interest in Earnings	0.94	0.54	0.87	0.61	-0.19	-0.53
Net Income	-91.03	-55.52	9.44	-85.81	-57.27	17.82
Net Income to Common	-91.03	-55.52	9.44	-85.81	-57.27	17.82
Net Income Growth	-	-	-	-	-	53.64%
Shares Outstanding (Basic)	630	630	629	631	636	594
Shares Outstanding (Diluted)	630	630	629	631	636	594
Shares Change (YoY)	-	0.12%	-0.25%	-0.85%	7.12%	-14.47%
EPS (Basic)	-0.14	-0.09	0.01	-0.14	-0.09	0.03
EPS (Diluted)	-0.14	-0.09	0.01	-0.14	-0.09	0.03
EPS Growth	-	-	-	-	-	79.64%
Free Cash Flow	13.49	0.13	156.2	-76.48	-290.47	-137.47
Free Cash Flow Per Share	0.02	-	0.25	-0.12	-0.46	-0.23
Gross Margin	8.60%	9.30%	11.78%	7.33%	9.46%	11.88%
Operating Margin	-1.28%	-0.54%	1.87%	-1.12%	0.98%	2.94%
Profit Margin	-2.98%	-1.89%	0.34%	-2.46%	-1.58%	0.53%
Free Cash Flow Margin	0.44%	0.01%	5.58%	-2.19%	-8.02%	-4.12%
EBITDA	92.83	118.74	184.65	73.17	133.54	195.57
EBITDA Margin	3.04%	4.05%	6.60%	2.10%	3.69%	5.85%
D&A For EBITDA	131.81	134.54	132.4	112.19	98.09	97.39
EBIT	-38.98	-15.8	52.25	-39.02	35.46	98.18
EBIT Margin	-1.28%	-0.54%	1.87%	-1.12%	0.98%	2.94%
Effective Tax Rate	-	-	-	-	-	10.94%
Revenue as Reported	3,051	2,934	2,798	3,489	3,621	3,340
Advertising Expenses	-	4.16	4.59	3.06	2.98	1.76

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