Shenzhen Hopewind Electric Co., Ltd. (SHA:603063)

SHA:603063 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	3,892	3,667	3,692	2,763	2,061	2,315
Other Revenue	65.81	65.81	60.31	46.06	42.75	23.5
Revenue	3,958	3,733	3,752	2,809	2,104	2,339
Revenue Growth (YoY)	7.25%	-0.50%	33.56%	33.52%	-10.03%	30.92%
Cost of Revenue	2,532	2,370	2,472	1,962	1,361	1,500
Gross Profit	1,427	1,363	1,280	846.9	742.72	838.25
Selling, General & Admin	524.68	496.01	452.87	388.17	324.63	336.54
Research & Development	345.79	345.07	322.24	210.88	177.46	140.71
Other Operating Expenses	-48.85	-57.27	-50.88	-30.42	-52.34	-39.09
Operating Expenses	900.73	848.32	753.55	572.39	475.07	538.49
Operating Income	525.84	514.68	526	274.51	267.65	299.76
Interest Expense	-45.71	-43.24	-30.48	-24.16	-14.65	-0.56
Interest & Investment Income	21.43	19.24	4.43	21.69	15.87	7.73
Currency Exchange Gain (Loss)	1.57	1.57	3.5	2.54	-0.21	-0.74
Other Non Operating Income (Expenses)	9.55	8.78	-6.47	-16.44	-5.43	-26.62
EBT Excluding Unusual Items	512.68	501.03	496.98	258.14	263.23	279.56
Gain (Loss) on Sale of Investments	51.45	19.96	49.43	20.52	-	-30.47
Gain (Loss) on Sale of Assets	-0.06	-0.04	-2.12	-0.55	0.05	-0.01
Asset Writedown	-3.21	-	-	-	-	-
Other Unusual Items	0.31	0.24	25.54	18.03	27.83	36.3
Pretax Income	561.18	521.19	569.83	296.14	291.1	285.38
Income Tax Expense	57.9	61.72	64.44	28.31	11.15	25.62
Earnings From Continuing Operations	503.27	459.47	505.39	267.83	279.96	259.76
Net Income to Company	503.27	459.47	505.39	267.83	279.96	259.76
Minority Interest in Earnings	-12.69	-18.89	-3.14	-0.93	-0.01	6.92
Net Income	490.59	440.58	502.25	266.9	279.94	266.68
Net Income to Common	490.59	440.58	502.25	266.9	279.94	266.68
Net Income Growth	2.39%	-12.28%	88.18%	-4.66%	4.97%	301.99%
Shares Outstanding (Basic)	435	441	444	438	437	423
Shares Outstanding (Diluted)	435	441	444	445	444	437
Shares Change (YoY)	-3.50%	-0.88%	-0.08%	0.11%	1.64%	5.44%
EPS (Basic)	1.13	1.00	1.13	0.61	0.64	0.63
EPS (Diluted)	1.13	1.00	1.13	0.60	0.63	0.61
EPS Growth	6.11%	-11.50%	88.33%	-4.76%	3.28%	281.25%
Free Cash Flow	442.54	170.6	65.6	145.24	-561.02	-155.3
Free Cash Flow Per Share	1.02	0.39	0.15	0.33	-1.26	-0.35
Dividend Per Share	0.120	0.120	0.200	0.061	0.070	0.062
Dividend Growth	-40.00%	-40.00%	227.87%	-12.86%	12.90%	287.50%
Gross Margin	36.04%	36.51%	34.10%	30.15%	35.30%	35.84%
Operating Margin	13.29%	13.79%	14.02%	9.77%	12.72%	12.82%
Profit Margin	12.39%	11.80%	13.39%	9.50%	13.31%	11.40%
Free Cash Flow Margin	11.18%	4.57%	1.75%	5.17%	-26.67%	-6.64%
EBITDA	601.28	607.17	686.65	333.46	298.18	318.41
EBITDA Margin	15.19%	16.26%	18.30%	11.87%	14.17%	13.62%
D&A For EBITDA	75.44	92.48	160.65	58.95	30.53	18.65
EBIT	525.84	514.68	526	274.51	267.65	299.76
EBIT Margin	13.28%	13.79%	14.02%	9.77%	12.72%	12.82%
Effective Tax Rate	10.32%	11.84%	11.31%	9.56%	3.83%	8.98%
Revenue as Reported	3,958	3,733	3,752	2,809	2,104	2,339
Advertising Expenses	-	56.04	54.43	38.38	37.36	27.03

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.