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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Jan 1, 2021
Operating Revenue	879.89	769.4	721.75	904.79	748	557.92
Other Revenue	13.25	13.25	1.52	0.5	1.93	1.78
Revenue	893.13	782.65	723.27	905.29	749.93	559.7
Revenue Growth (YoY)	18.77%	8.21%	-20.11%	20.72%	33.99%	16.83%
Cost of Revenue	749.94	642.19	569.36	661.75	556.78	398.43
Gross Profit	143.19	140.46	153.91	243.53	193.15	161.27
Selling, General & Admin	63.49	45.95	43.17	39.75	33.78	37.71
Research & Development	52.78	48.1	30.5	32.31	24.87	19.46
Other Operating Expenses	0.84	-0.73	0.18	5.34	3.24	2.28
Operating Expenses	119.94	89.37	77.61	79.26	65.55	59.07
Operating Income	23.25	51.09	76.3	164.27	127.6	102.2
Interest Expense	-0.52	-0.6	-0.78	-0.5	-0.3	-4.57
Interest & Investment Income	9.24	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)	-2.21	-0.37	-0.35	-0.28	-0.22	-0.09
EBT Excluding Unusual Items	32.9	68.1	99.09	181.25	124.71	93.33
Gain (Loss) on Sale of Investments	-0.33	-0.15	2.06	0.84	-1.44	-0.97
Gain (Loss) on Sale of Assets	-1.53	-1.71	-0.25	-0.91	-2.05	-1.47
Asset Writedown	-1.64	-	-	-	-3.3	-0
Other Unusual Items	2.12	2.42	4.68	0.52	0.58	-0.27
Pretax Income	31.53	68.66	105.58	181.71	118.5	90.61
Income Tax Expense	0.46	7.77	11.52	23.23	14.73	13.32
Earnings From Continuing Operations	31.07	60.89	94.06	158.48	103.76	77.29
Minority Interest in Earnings	3.06	5.52	1.27	-	-	-
Net Income	34.12	66.41	95.33	158.48	103.76	77.29
Net Income to Common	34.12	66.41	95.33	158.48	103.76	77.29
Net Income Growth	-55.67%	-30.34%	-39.85%	52.74%	34.24%	2.65%
Shares Outstanding (Basic)	191	186	188	153	142	161
Shares Outstanding (Diluted)	191	186	188	153	142	161
Shares Change (YoY)	3.56%	-1.08%	22.86%	8.02%	-11.83%	-8.26%
EPS (Basic)	0.18	0.36	0.51	1.04	0.73	0.48
EPS (Diluted)	0.18	0.36	0.51	1.04	0.73	0.48
EPS Growth	-57.19%	-29.58%	-51.04%	41.39%	52.25%	11.88%
Free Cash Flow	-201.51	-179.59	130.3	-0.22	94.99	140.99
Free Cash Flow Per Share	-1.05	-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	16.03%	17.95%	21.28%	26.90%	25.75%	28.81%
Operating Margin	2.60%	6.53%	10.55%	18.15%	17.02%	18.26%
Profit Margin	3.82%	8.48%	13.18%	17.51%	13.84%	13.81%
Free Cash Flow Margin	-22.56%	-22.95%	18.02%	-0.02%	12.67%	25.19%
EBITDA	41.35	66.58	88.33	175.66	139.13	113.36
EBITDA Margin	4.63%	8.51%	12.21%	19.40%	18.55%	20.25%
D&A For EBITDA	18.1	15.49	12.03	11.39	11.53	11.16
EBIT	23.25	51.09	76.3	164.27	127.6	102.2
EBIT Margin	2.60%	6.53%	10.55%	18.14%	17.02%	18.26%
Effective Tax Rate	1.46%	11.32%	10.91%	12.78%	12.43%	14.70%
Revenue as Reported	893.13	782.65	723.27	905.29	749.93	559.7

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