Hangzhou Heatwell Electric Heating Technology Co., Ltd. (SHA:603075)
China · Delayed Price · Currency is CNY 22.75
-0.04 (-0.18%)
Apr 17, 2026, 3:00 PM CST
SHA:603075 Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 2,126 | 1,908 | 1,660 | 1,673 | 1,793 |
Other Revenue | - | 16.09 | 15.72 | 13.77 | 9.23 |
| 2,126 | 1,924 | 1,676 | 1,687 | 1,802 | |
Revenue Growth (YoY) | 10.49% | 14.80% | -0.65% | -6.41% | 23.83% |
Cost of Revenue | 1,477 | 1,331 | 1,173 | 1,202 | 1,306 |
Gross Profit | 648.76 | 592.69 | 503.5 | 485.26 | 496.04 |
Selling, General & Admin | 167.61 | 154.44 | 128.67 | 126.41 | 117.76 |
Research & Development | 109.03 | 101.71 | 93.51 | 97.6 | 99.85 |
Other Operating Expenses | 5.33 | 10.37 | 10.15 | 6.5 | 10.58 |
Operating Expenses | 281.97 | 276.62 | 236.61 | 228.33 | 232.44 |
Operating Income | 366.79 | 316.07 | 266.89 | 256.93 | 263.59 |
Interest Expense | - | -7.17 | -12.8 | -20.44 | -14.83 |
Interest & Investment Income | 8.97 | 20.11 | 3.27 | 3.09 | 10.52 |
Currency Exchange Gain (Loss) | - | 6.04 | 11.84 | 24.22 | -9.27 |
Other Non Operating Income (Expenses) | -4.77 | -1.14 | -0.87 | -1.14 | -1.14 |
EBT Excluding Unusual Items | 370.99 | 333.91 | 268.34 | 262.65 | 248.86 |
Gain (Loss) on Sale of Investments | 0.85 | 0.45 | 0.11 | 1.39 | 15.03 |
Gain (Loss) on Sale of Assets | -0.03 | -0.23 | -0.04 | 0.02 | -0.64 |
Asset Writedown | -6.71 | -1.36 | -0.56 | 0.08 | -0.76 |
Other Unusual Items | - | 6.59 | 11.28 | 0.56 | 4.58 |
Pretax Income | 365.09 | 339.36 | 279.14 | 264.71 | 267.07 |
Income Tax Expense | 43.02 | 40.89 | 30.34 | 23.71 | 26.33 |
Earnings From Continuing Operations | 322.07 | 298.46 | 248.8 | 240.99 | 240.74 |
Minority Interest in Earnings | 1.05 | 1.28 | 1.2 | 0.54 | -9.13 |
Net Income | 323.12 | 299.74 | 250 | 241.53 | 231.61 |
Net Income to Common | 323.12 | 299.74 | 250 | 241.53 | 231.61 |
Net Income Growth | 7.80% | 19.89% | 3.50% | 4.29% | 102.71% |
Shares Outstanding (Basic) | 399 | 400 | 368 | 360 | 362 |
Shares Outstanding (Diluted) | 399 | 400 | 368 | 360 | 362 |
Shares Change (YoY) | -0.18% | 8.71% | 1.98% | -0.38% | 1.35% |
EPS (Basic) | 0.81 | 0.75 | 0.68 | 0.67 | 0.64 |
EPS (Diluted) | 0.81 | 0.75 | 0.68 | 0.67 | 0.64 |
EPS Growth | 8.00% | 10.29% | 1.49% | 4.69% | 100.00% |
Free Cash Flow | 235.55 | 131.9 | 257.13 | 0.35 | -124.67 |
Free Cash Flow Per Share | 0.59 | 0.33 | 0.70 | 0.00 | -0.34 |
Dividend Per Share | - | 0.700 | 0.500 | - | - |
Dividend Growth | - | 40.00% | - | - | - |
Gross Margin | 30.52% | 30.80% | 30.04% | 28.77% | 27.52% |
Operating Margin | 17.25% | 16.43% | 15.92% | 15.23% | 14.62% |
Profit Margin | 15.20% | 15.58% | 14.92% | 14.32% | 12.85% |
Free Cash Flow Margin | 11.08% | 6.86% | 15.34% | 0.02% | -6.92% |
EBITDA | 489.3 | 427.14 | 366.15 | 344.69 | 323.21 |
EBITDA Margin | 23.02% | 22.20% | 21.85% | 20.43% | 17.93% |
D&A For EBITDA | 122.51 | 111.07 | 99.26 | 87.76 | 59.61 |
EBIT | 366.79 | 316.07 | 266.89 | 256.93 | 263.59 |
EBIT Margin | 17.25% | 16.43% | 15.92% | 15.23% | 14.62% |
Effective Tax Rate | 11.78% | 12.05% | 10.87% | 8.96% | 9.86% |
Revenue as Reported | - | 1,924 | 1,676 | 1,687 | - |
Advertising Expenses | - | 0.1 | - | - | - |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.