Suzhou K-Hiragawa Electronic Technology Co., Ltd. (SHA:603052)

SHA:603052 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	Jan 1, 2021
Operating Revenue	813.14	769.4	721.75	904.79	748	557.92
Other Revenue	13.25	13.25	1.52	0.5	1.93	1.78
Revenue	826.39	782.65	723.27	905.29	749.93	559.7
Revenue Growth (YoY)	10.99%	8.21%	-20.11%	20.72%	33.99%	16.83%
Cost of Revenue	684.21	642.19	569.36	661.75	556.78	398.43
Gross Profit	142.17	140.46	153.91	243.53	193.15	161.27
Selling, General & Admin	51.25	45.95	43.17	39.75	33.78	37.71
Research & Development	49.97	48.1	30.5	32.31	24.87	19.46
Other Operating Expenses	-0.95	-0.73	0.18	5.34	3.24	2.28
Operating Expenses	101.95	89.37	77.61	79.26	65.55	59.07
Operating Income	40.22	51.09	76.3	164.27	127.6	102.2
Interest Expense	-0.57	-0.6	-0.78	-0.5	-0.3	-4.57
Interest & Investment Income	12	14.83	17.98	2.51	0.68	0.21
Currency Exchange Gain (Loss)	3.15	3.15	5.93	15.25	-3.05	-4.43
Other Non Operating Income (Expenses)	0.17	-0.37	-0.35	-0.28	-0.22	-0.09
EBT Excluding Unusual Items	54.97	68.1	99.09	181.25	124.71	93.33
Gain (Loss) on Sale of Investments	-0.09	-0.15	2.06	0.84	-1.44	-0.97
Gain (Loss) on Sale of Assets	-1.74	-1.71	-0.25	-0.91	-2.05	-1.47
Asset Writedown	1.35	-	-	-	-3.3	-0
Other Unusual Items	2.42	2.42	4.68	0.52	0.58	-0.27
Pretax Income	56.92	68.66	105.58	181.71	118.5	90.61
Income Tax Expense	5.21	7.77	11.52	23.23	14.73	13.32
Earnings From Continuing Operations	51.71	60.89	94.06	158.48	103.76	77.29
Minority Interest in Earnings	4.43	5.52	1.27	-	-	-
Net Income	56.14	66.41	95.33	158.48	103.76	77.29
Net Income to Common	56.14	66.41	95.33	158.48	103.76	77.29
Net Income Growth	-42.56%	-30.34%	-39.85%	52.74%	34.24%	2.65%
Shares Outstanding (Basic)	187	186	188	153	142	161
Shares Outstanding (Diluted)	187	186	188	153	142	161
Shares Change (YoY)	0.63%	-1.08%	22.86%	8.02%	-11.83%	-8.26%
EPS (Basic)	0.30	0.36	0.51	1.04	0.73	0.48
EPS (Diluted)	0.30	0.36	0.51	1.04	0.73	0.48
EPS Growth	-42.92%	-29.58%	-51.04%	41.39%	52.25%	11.88%
Free Cash Flow	-162.22	-179.59	130.3	-0.22	94.99	140.99
Free Cash Flow Per Share	-0.87	-0.97	0.69	-0.00	0.67	0.88
Dividend Per Share	0.179	0.179	0.255	0.182	0.182	-
Dividend Growth	-29.99%	-29.99%	40.01%	-	-	-
Gross Margin	17.20%	17.95%	21.28%	26.90%	25.75%	28.81%
Operating Margin	4.87%	6.53%	10.55%	18.15%	17.02%	18.26%
Profit Margin	6.79%	8.48%	13.18%	17.51%	13.84%	13.81%
Free Cash Flow Margin	-19.63%	-22.95%	18.02%	-0.02%	12.67%	25.19%
EBITDA	56.58	66.58	88.33	175.66	139.13	113.36
EBITDA Margin	6.85%	8.51%	12.21%	19.40%	18.55%	20.25%
D&A For EBITDA	16.36	15.49	12.03	11.39	11.53	11.16
EBIT	40.22	51.09	76.3	164.27	127.6	102.2
EBIT Margin	4.87%	6.53%	10.55%	18.14%	17.02%	18.26%
Effective Tax Rate	9.16%	11.32%	10.91%	12.78%	12.43%	14.70%
Revenue as Reported	826.39	782.65	723.27	905.29	749.93	559.7

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