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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	7,622	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	7,771	9,113	10,513	8,839	8,377	7,899
Revenue Growth (YoY)	-31.09%	-13.31%	18.93%	5.52%	6.05%	12.75%
Cost of Revenue	6,025	7,391	8,611	7,085	6,733	6,489
Gross Profit	1,746	1,723	1,902	1,754	1,644	1,409
Selling, General & Admin	707.39	738.13	692.26	585.12	655.35	556.03
Research & Development	205.61	221.78	258.12	243.69	251.77	187.46
Other Operating Expenses	23.44	19.16	47.68	51.22	38.69	44.59
Operating Expenses	979.66	999.13	1,129	956.14	971.58	908.11
Operating Income	766.77	723.54	773.18	798.26	672.02	501.18
Interest Expense	-236.16	-266.13	-264.22	-166.4	-156.88	-108.24
Interest & Investment Income	207.09	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)	-108.25	-3.16	22.08	50.09	28.59	-7.72
EBT Excluding Unusual Items	632.73	681.91	866.6	930.22	912.34	744.49
Impairment of Goodwill	-	-	-	-	-	-17.17
Gain (Loss) on Sale of Investments	2.12	1.55	2.59	1.51	3	-
Gain (Loss) on Sale of Assets	240.08	354.39	223.3	14.09	-5.36	45.74
Asset Writedown	40.43	-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	988.01	1,109	1,123	1,023	1,001	809.61
Income Tax Expense	191.41	182.66	185.9	148.32	139.15	91.55
Earnings From Continuing Operations	796.61	926.75	936.68	874.79	861.91	718.06
Minority Interest in Earnings	-204.19	-222.45	-195.44	-145.61	-106.55	-74.54
Net Income	592.42	704.3	741.24	729.18	755.35	643.52
Net Income to Common	592.42	704.3	741.24	729.18	755.35	643.52
Net Income Growth	-18.72%	-4.98%	1.65%	-3.47%	17.38%	43.30%
Shares Outstanding (Basic)	945	945	939	932	925	933
Shares Outstanding (Diluted)	956	949	939	966	925	933
Shares Change (YoY)	1.72%	1.08%	-2.80%	4.41%	-0.87%	-1.28%
EPS (Basic)	0.63	0.75	0.79	0.78	0.82	0.69
EPS (Diluted)	0.62	0.74	0.79	0.75	0.82	0.69
EPS Growth	-20.10%	-6.00%	4.58%	-7.54%	18.40%	45.16%
Free Cash Flow	649.55	124.57	-445.03	-23.93	-14.78	-113.5
Free Cash Flow Per Share	0.68	0.13	-0.47	-0.03	-0.02	-0.12
Dividend Per Share	0.350	0.450	0.350	0.350	0.269	0.355
Dividend Growth	-22.22%	28.57%	-	30.01%	-24.17%	499.66%
Gross Margin	22.47%	18.90%	18.09%	19.85%	19.62%	17.84%
Operating Margin	9.87%	7.94%	7.36%	9.03%	8.02%	6.35%
Profit Margin	7.62%	7.73%	7.05%	8.25%	9.02%	8.15%
Free Cash Flow Margin	8.36%	1.37%	-4.23%	-0.27%	-0.18%	-1.44%
EBITDA	1,361	1,305	1,283	1,214	1,061	815.8
EBITDA Margin	17.52%	14.32%	12.21%	13.73%	12.66%	10.33%
D&A For EBITDA	594.36	581.09	510.01	415.47	388.8	314.61
EBIT	766.77	723.54	773.18	798.26	672.02	501.18
EBIT Margin	9.87%	7.94%	7.36%	9.03%	8.02%	6.35%
Effective Tax Rate	19.37%	16.46%	16.56%	14.50%	13.90%	11.31%
Revenue as Reported	9,113	9,113	10,513	8,839	8,377	7,899

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