Hengtong Optic-Electric Co., Ltd. (SHA: 600487)

Hengtong Optic-Electric Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	50,282	46,939	46,132	40,945	31,683	31,350
Other Revenue	777.07	682.84	331.61	325.97	701.33	409.92
Revenue	51,059	47,622	46,464	41,271	32,384	31,760
Revenue Growth (YoY)	7.41%	2.49%	12.58%	27.44%	1.97%	-6.22%
Cost of Revenue	43,295	40,354	39,914	34,718	27,128	26,432
Gross Profit	7,764	7,267	6,550	6,553	5,256	5,328
Selling, General & Admin	2,820	2,744	2,644	2,505	2,041	2,193
Research & Development	1,903	1,905	1,648	1,604	1,215	1,067
Other Operating Expenses	-149.07	-52	172.06	189.4	178.34	49.67
Operating Expenses	4,653	4,669	4,588	4,468	3,476	3,262
Operating Income	3,112	2,598	1,962	2,085	1,779	2,066
Interest Expense	-562.37	-577.89	-528.02	-753.79	-698.32	-749.28
Interest & Investment Income	210.66	195.32	278.16	287.85	107.47	268.09
Currency Exchange Gain (Loss)	-12.12	100.01	30.96	9.88	-36.46	-32.79
Other Non Operating Income (Expenses)	-61.37	-57.9	-37.58	-7.26	-85.61	-20.32
EBT Excluding Unusual Items	2,687	2,257	1,705	1,622	1,066	1,532
Impairment of Goodwill	-40.25	-40.25	-69.81	-	-	-92.49
Gain (Loss) on Sale of Investments	-14.04	-33.17	-168.53	-170.32	-11.72	-0.95
Gain (Loss) on Sale of Assets	-3.21	-5.91	34.06	8.49	-9.57	-52.68
Asset Writedown	-63.96	-63.96	-5.9	-0.03	-	-30.92
Other Unusual Items	349.18	271.06	190.89	277.85	294.73	237.39
Pretax Income	2,914	2,385	1,686	1,737	1,340	1,593
Income Tax Expense	202.41	158.49	92.08	159.54	180.93	253.02
Earnings From Continuing Operations	2,712	2,227	1,594	1,578	1,159	1,340
Minority Interest in Earnings	-198.47	-73.16	-7.84	-141.65	-97.25	22.59
Net Income	2,513	2,154	1,586	1,436	1,062	1,362
Net Income to Common	2,513	2,154	1,586	1,436	1,062	1,362
Net Income Growth	27.22%	35.77%	10.44%	35.28%	-22.05%	-46.19%
Shares Outstanding (Basic)	2,488	2,475	2,368	2,355	1,930	1,892
Shares Outstanding (Diluted)	2,488	2,475	2,368	2,355	1,930	1,918
Shares Change (YoY)	3.77%	4.56%	0.55%	21.97%	0.62%	0.79%
EPS (Basic)	1.01	0.87	0.67	0.61	0.55	0.72
EPS (Diluted)	1.01	0.87	0.67	0.61	0.55	0.71
EPS Growth	22.60%	29.85%	9.84%	10.91%	-22.54%	-46.62%
Free Cash Flow	529.85	-248.46	-1,788	-1,330	94.02	-2,101
Free Cash Flow Per Share	0.21	-0.10	-0.76	-0.56	0.05	-1.09
Dividend Per Share	0.150	0.150	0.080	0.070	0.060	0.080
Dividend Growth	87.50%	87.50%	14.29%	16.67%	-25.00%	-46.67%
Gross Margin	15.21%	15.26%	14.10%	15.88%	16.23%	16.78%
Operating Margin	6.09%	5.46%	4.22%	5.05%	5.49%	6.51%
Profit Margin	4.92%	4.52%	3.41%	3.48%	3.28%	4.29%
Free Cash Flow Margin	1.04%	-0.52%	-3.85%	-3.22%	0.29%	-6.61%
EBITDA	4,597	3,981	3,210	3,263	2,948	2,973
EBITDA Margin	9.00%	8.36%	6.91%	7.91%	9.10%	9.36%
D&A For EBITDA	1,485	1,383	1,248	1,179	1,169	906.93
EBIT	3,112	2,598	1,962	2,085	1,779	2,066
EBIT Margin	6.09%	5.46%	4.22%	5.05%	5.49%	6.51%
Effective Tax Rate	6.95%	6.64%	5.46%	9.18%	13.50%	15.89%
Revenue as Reported	51,059	47,622	46,464	41,271	32,384	31,760

Source: S&P Capital IQ. Standard template. Financial Sources.