Wuxi Huaguang Environment & Energy Group Co.,Ltd. (SHA:600475)

SHA:600475 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	8,029	8,964	10,387	8,747	8,311	7,807
Other Revenue	149.53	149.53	126.13	92.72	65.75	91.17
Revenue	8,178	9,113	10,513	8,839	8,377	7,899
Revenue Growth (YoY)	-27.02%	-13.31%	18.93%	5.52%	6.05%	12.75%
Cost of Revenue	6,522	7,391	8,611	7,085	6,733	6,489
Gross Profit	1,656	1,723	1,902	1,754	1,644	1,409
Selling, General & Admin	747.87	738.13	692.26	585.12	655.35	556.03
Research & Development	213.95	221.78	258.12	243.69	251.77	187.46
Other Operating Expenses	13.83	19.16	47.68	51.22	38.69	44.59
Operating Expenses	1,010	999.13	1,129	956.14	971.58	908.11
Operating Income	646.35	723.54	773.18	798.26	672.02	501.18
Interest Expense	-227.87	-266.13	-264.22	-166.4	-156.88	-108.24
Interest & Investment Income	163.55	224.39	332.25	241.5	362.38	364.59
Currency Exchange Gain (Loss)	3.28	3.28	3.31	6.77	6.23	-5.33
Other Non Operating Income (Expenses)	-3.84	-3.16	22.08	50.09	28.59	-7.72
EBT Excluding Unusual Items	581.48	681.91	866.6	930.22	912.34	744.49
Impairment of Goodwill	-	-	-	-	-	-17.17
Gain (Loss) on Sale of Investments	2.64	1.55	2.59	1.51	3	-
Gain (Loss) on Sale of Assets	354.5	354.39	223.3	14.09	-5.36	45.74
Asset Writedown	33.94	-1.09	-6.01	-9.14	-22.37	-0.7
Other Unusual Items	72.65	72.65	36.1	86.44	113.45	37.25
Pretax Income	1,045	1,109	1,123	1,023	1,001	809.61
Income Tax Expense	186.76	182.66	185.9	148.32	139.15	91.55
Earnings From Continuing Operations	858.45	926.75	936.68	874.79	861.91	718.06
Minority Interest in Earnings	-211.51	-222.45	-195.44	-145.61	-106.55	-74.54
Net Income	646.94	704.3	741.24	729.18	755.35	643.52
Net Income to Common	646.94	704.3	741.24	729.18	755.35	643.52
Net Income Growth	-8.46%	-4.98%	1.65%	-3.47%	17.38%	43.30%
Shares Outstanding (Basic)	947	945	939	932	925	933
Shares Outstanding (Diluted)	955	949	939	966	925	933
Shares Change (YoY)	2.51%	1.08%	-2.80%	4.41%	-0.87%	-1.28%
EPS (Basic)	0.68	0.75	0.79	0.78	0.82	0.69
EPS (Diluted)	0.68	0.74	0.79	0.75	0.82	0.69
EPS Growth	-10.71%	-6.00%	4.58%	-7.54%	18.40%	45.16%
Free Cash Flow	1,225	124.57	-445.03	-23.93	-14.78	-113.5
Free Cash Flow Per Share	1.28	0.13	-0.47	-0.03	-0.02	-0.12
Dividend Per Share	0.450	0.450	0.350	0.350	0.269	0.355
Dividend Growth	28.57%	28.57%	-	30.01%	-24.17%	499.66%
Gross Margin	20.25%	18.90%	18.09%	19.85%	19.62%	17.84%
Operating Margin	7.90%	7.94%	7.36%	9.03%	8.02%	6.35%
Profit Margin	7.91%	7.73%	7.05%	8.25%	9.02%	8.15%
Free Cash Flow Margin	14.98%	1.37%	-4.23%	-0.27%	-0.18%	-1.44%
EBITDA	1,245	1,305	1,283	1,214	1,061	815.8
EBITDA Margin	15.23%	14.32%	12.21%	13.73%	12.66%	10.33%
D&A For EBITDA	598.87	581.09	510.01	415.47	388.8	314.61
EBIT	646.35	723.54	773.18	798.26	672.02	501.18
EBIT Margin	7.90%	7.94%	7.36%	9.03%	8.02%	6.35%
Effective Tax Rate	17.87%	16.46%	16.56%	14.50%	13.90%	11.31%
Revenue as Reported	8,178	9,113	10,513	8,839	8,377	7,899

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