Zhejiang Hangmin Co.,Ltd (SHA:600987)

Zhejiang Hangmin 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	11,277	11,454	9,653	9,549	9,462	5,215
Other Revenue	13.46	13.46	12.46	21.45	29.58	18.11
Revenue	11,290	11,468	9,666	9,570	9,491	5,233
Revenue Growth (YoY)	8.34%	18.65%	1.00%	0.83%	81.38%	-21.83%
Cost of Revenue	9,543	9,904	8,341	8,325	8,216	4,177
Gross Profit	1,747	1,564	1,325	1,246	1,275	1,056
Selling, General & Admin	387.32	377.63	310.81	285.4	268.38	216.82
Research & Development	187.82	181.71	184.18	188.83	174.03	138.87
Other Operating Expenses	6.82	1.83	-4.49	13.47	29.76	26.32
Operating Expenses	597.68	559.04	494.38	484.55	477.93	378.95
Operating Income	1,150	1,005	830.72	761.22	796.8	677.12
Interest Expense	-54.93	-58.64	-31.82	-28.15	-28.32	-26.56
Interest & Investment Income	44.19	54.23	104.96	107.79	83.14	75.24
Currency Exchange Gain (Loss)	2.42	2.42	0.22	1.21	-0.69	-0.24
Other Non Operating Income (Expenses)	12.08	13.92	-4.97	-1.76	-0.93	-0.57
EBT Excluding Unusual Items	1,153	1,017	899.11	840.3	849.99	724.98
Impairment of Goodwill	-	-	-	-	-0.36	-
Gain (Loss) on Sale of Investments	-197.03	-71.16	-18.06	-13.97	-8.09	38.31
Gain (Loss) on Sale of Assets	1.91	1.97	-0.32	12.47	-6.69	-0.54
Other Unusual Items	23.03	22.99	9.38	16.05	34.69	27.76
Pretax Income	981.18	970.59	890.1	854.84	869.55	790.51
Income Tax Expense	141.22	141.56	115.21	110.49	112.27	117.14
Earnings From Continuing Operations	839.96	829.03	774.89	744.35	757.28	673.37
Minority Interest in Earnings	-112.33	-109.32	-89.72	-86.34	-90.68	-72.14
Net Income	727.63	719.71	685.17	658.01	666.61	601.23
Net Income to Common	727.63	719.71	685.17	658.01	666.61	601.23
Net Income Growth	5.50%	5.04%	4.13%	-1.29%	10.87%	-18.42%
Shares Outstanding (Basic)	1,038	1,045	1,054	1,044	1,075	1,074
Shares Outstanding (Diluted)	1,038	1,045	1,054	1,044	1,075	1,074
Shares Change (YoY)	-1.58%	-0.87%	0.92%	-2.86%	0.14%	-0.94%
EPS (Basic)	0.70	0.69	0.65	0.63	0.62	0.56
EPS (Diluted)	0.70	0.69	0.65	0.63	0.62	0.56
EPS Growth	7.19%	5.96%	3.17%	1.61%	10.71%	-17.65%
Free Cash Flow	1,118	1,097	551.99	659.46	348.12	837.02
Free Cash Flow Per Share	1.08	1.05	0.52	0.63	0.32	0.78
Dividend Per Share	0.300	0.300	0.300	0.300	0.300	0.200
Dividend Growth	-	-	-	-	50.00%	-9.09%
Gross Margin	15.47%	13.64%	13.71%	13.02%	13.43%	20.18%
Operating Margin	10.18%	8.76%	8.60%	7.95%	8.39%	12.94%
Profit Margin	6.44%	6.28%	7.09%	6.88%	7.02%	11.49%
Free Cash Flow Margin	9.90%	9.56%	5.71%	6.89%	3.67%	16.00%
EBITDA	1,430	1,282	1,094	1,024	1,060	934.27
EBITDA Margin	12.66%	11.18%	11.32%	10.70%	11.16%	17.85%
D&A For EBITDA	280.11	276.77	263.39	262.99	262.93	257.14
EBIT	1,150	1,005	830.72	761.22	796.8	677.12
EBIT Margin	10.18%	8.76%	8.60%	7.95%	8.39%	12.94%
Effective Tax Rate	14.39%	14.59%	12.94%	12.93%	12.91%	14.82%
Revenue as Reported	11,290	11,468	9,666	9,570	9,491	5,233

Updated Oct 24, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.