Wuxi New Hongtai Electrical Technology Co.,Ltd (SHA:603016)

SHA:603016 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	566.34	572.12	574.61	562.74	513.48	416.35
Other Revenue	60.65	60.65	57.87	51.82	41.21	27.62
Revenue	626.99	632.77	632.47	614.56	554.7	443.97
Revenue Growth (YoY)	-0.31%	0.05%	2.91%	10.79%	24.94%	0.30%
Cost of Revenue	449.95	451.01	451.81	436.16	387.95	277.53
Gross Profit	177.04	181.75	180.66	178.41	166.74	166.45
Selling, General & Admin	70.83	75.7	74.97	72.74	73.77	67.92
Research & Development	30.51	27.49	30.58	30.97	34.41	30.42
Other Operating Expenses	4.15	4.46	4.49	5.87	5.61	5.44
Operating Expenses	105.61	107.85	109.75	111.49	114.61	104.27
Operating Income	71.43	73.9	70.91	66.91	52.14	62.17
Interest Expense	-0.25	-0.25	-0.07	-0.2	-	-
Interest & Investment Income	10.36	8.33	7.62	6.63	7.78	10.56
Currency Exchange Gain (Loss)	2.03	2.03	2.41	5.23	-3.53	-1.59
Other Non Operating Income (Expenses)	-0.1	-0.15	-0.2	-0.19	-0.53	-0.17
EBT Excluding Unusual Items	83.47	83.86	80.68	78.37	55.86	70.98
Gain (Loss) on Sale of Investments	0.67	0.67	0.15	-0.99	-	-
Gain (Loss) on Sale of Assets	-0.21	-0.25	-0.35	-0.29	4.23	2.28
Asset Writedown	-0.1	-	-	-	-	-
Other Unusual Items	-0.8	-0.26	2.87	3.86	2.56	2.12
Pretax Income	83.03	84.02	83.34	80.95	62.66	75.38
Income Tax Expense	10.38	10.52	8.96	7.94	5.54	9.13
Earnings From Continuing Operations	72.65	73.5	74.38	73.01	57.11	66.25
Minority Interest in Earnings	-3.38	-2.87	-5.66	-5.9	-4.13	-4.17
Net Income	69.27	70.63	68.72	67.1	52.98	62.08
Net Income to Common	69.27	70.63	68.72	67.1	52.98	62.08
Net Income Growth	-1.23%	2.78%	2.41%	26.65%	-14.65%	3.58%
Shares Outstanding (Basic)	154	154	16	149	147	148
Shares Outstanding (Diluted)	154	154	16	149	147	148
Shares Change (YoY)	882.63%	871.94%	-89.41%	1.32%	-0.43%	-1.35%
EPS (Basic)	0.45	0.46	4.35	0.45	0.36	0.42
EPS (Diluted)	0.45	0.46	4.35	0.45	0.36	0.42
EPS Growth	-89.95%	-89.42%	866.67%	25.00%	-14.29%	5.00%
Free Cash Flow	77.61	86.79	101.82	70.99	18.87	52.85
Free Cash Flow Per Share	0.50	0.56	6.45	0.48	0.13	0.36
Dividend Per Share	0.473	0.473	0.372	0.310	0.310	0.540
Dividend Growth	27.15%	27.15%	20.00%	-	-42.59%	-
Gross Margin	28.24%	28.72%	28.56%	29.03%	30.06%	37.49%
Operating Margin	11.39%	11.68%	11.21%	10.89%	9.40%	14.00%
Profit Margin	11.05%	11.16%	10.87%	10.92%	9.55%	13.98%
Free Cash Flow Margin	12.38%	13.71%	16.10%	11.55%	3.40%	11.90%
EBITDA	93.45	96.42	95.44	94.58	77.87	86.05
EBITDA Margin	14.90%	15.24%	15.09%	15.39%	14.04%	19.38%
D&A For EBITDA	22.02	22.52	24.53	27.67	25.73	23.87
EBIT	71.43	73.9	70.91	66.91	52.14	62.17
EBIT Margin	11.39%	11.68%	11.21%	10.89%	9.40%	14.00%
Effective Tax Rate	12.50%	12.52%	10.75%	9.81%	8.85%	12.11%
Revenue as Reported	626.99	632.77	632.47	614.56	554.7	443.97
Advertising Expenses	-	0.11	2.58	0.01	0.2	0

Updated Oct 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.