Hefei Metalforming Intelligent Manufacturing Co., Ltd. (SHA:603011)

SHA:603011 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	2,094	2,031	1,718	1,631	1,133	794.83
Other Revenue	54.69	43.59	47.98	103.2	73.38	43.12
Revenue	2,149	2,074	1,766	1,734	1,206	837.95
Revenue Growth (YoY)	13.27%	17.43%	1.85%	43.78%	43.95%	20.57%
Cost of Revenue	1,665	1,626	1,307	1,222	831.94	561.03
Gross Profit	483.67	448.45	459.53	512.52	374.34	276.93
Selling, General & Admin	354.61	345.76	291.14	284.04	228.89	177.82
Research & Development	133.14	121.36	104.09	99.65	70.4	51.4
Other Operating Expenses	-13.23	-12.94	-16.36	-3.61	0.43	-3.69
Operating Expenses	515.89	482.97	404.6	416.04	307.56	264.18
Operating Income	-32.22	-34.51	54.93	96.48	66.79	12.75
Interest Expense	-21.32	-23.05	-30.75	-27.18	-17.41	-17.85
Interest & Investment Income	4.46	3.13	20.5	27.79	3	11.75
Currency Exchange Gain (Loss)	2.51	4.78	-0.89	11.29	-2.67	-6.03
Other Non Operating Income (Expenses)	-7.75	-4.33	-3.77	-116.93	-0.05	-1.75
EBT Excluding Unusual Items	-54.32	-53.98	40.01	-8.54	49.65	-1.13
Impairment of Goodwill	-3.31	-3.31	-	-	-	-
Gain (Loss) on Sale of Investments	-14.53	-15.11	-0	0.12	0.89	0.11
Gain (Loss) on Sale of Assets	-1.46	-0.06	-0.79	-0.13	-0.56	0.05
Asset Writedown	-3.43	-3.43	-0.01	-1.34	-0.02	-1.14
Other Unusual Items	12.3	9.92	23.8	28.94	15.93	26.39
Pretax Income	-64.74	-65.97	63.02	19.05	65.89	24.29
Income Tax Expense	26.32	23.64	47.57	6.98	1.95	-1.11
Earnings From Continuing Operations	-91.06	-89.61	15.45	12.07	63.94	25.4
Minority Interest in Earnings	0.85	0.63	1.19	1.02	0.39	0.51
Net Income	-90.21	-88.99	16.64	13.1	64.34	25.9
Net Income to Common	-90.21	-88.99	16.64	13.1	64.34	25.9
Net Income Growth	-	-	27.02%	-79.64%	148.38%	-5.15%
Shares Outstanding (Basic)	464	494	555	437	460	432
Shares Outstanding (Diluted)	464	494	555	437	460	432
Shares Change (YoY)	-18.11%	-10.85%	27.02%	-5.00%	6.45%	-5.15%
EPS (Basic)	-0.19	-0.18	0.03	0.03	0.14	0.06
EPS (Diluted)	-0.19	-0.18	0.03	0.03	0.14	0.06
EPS Growth	-	-	-	-78.57%	133.33%	-
Free Cash Flow	54.42	108.97	-22.74	-129.19	-69.51	13.31
Free Cash Flow Per Share	0.12	0.22	-0.04	-0.30	-0.15	0.03
Dividend Per Share	-	-	-	0.030	-	-
Gross Margin	22.51%	21.62%	26.01%	29.55%	31.03%	33.05%
Operating Margin	-1.50%	-1.66%	3.11%	5.56%	5.54%	1.52%
Profit Margin	-4.20%	-4.29%	0.94%	0.76%	5.33%	3.09%
Free Cash Flow Margin	2.53%	5.25%	-1.29%	-7.45%	-5.76%	1.59%
EBITDA	12.39	7.6	92.23	133.06	98.42	42.7
EBITDA Margin	0.58%	0.37%	5.22%	7.67%	8.16%	5.10%
D&A For EBITDA	44.61	42.12	37.3	36.59	31.64	29.95
EBIT	-32.22	-34.51	54.93	96.48	66.79	12.75
EBIT Margin	-1.50%	-1.66%	3.11%	5.56%	5.54%	1.52%
Effective Tax Rate	-	-	75.49%	36.62%	2.96%	-
Revenue as Reported	2,149	2,074	1,766	1,734	1,206	837.95
Advertising Expenses	-	8.93	7.25	4.49	5.14	5.08

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.