Jiangsu Huachen Transformer Co., Ltd. (SHA:603097)

SHA:603097 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	1,600	1,561	1,494	1,011	871.05	674.59
Other Revenue	19.5	19.5	16.14	13.29	-	6.88
Revenue	1,619	1,581	1,510	1,025	871.05	681.46
Revenue Growth (YoY)	4.77%	4.69%	47.40%	17.62%	27.82%	7.85%
Cost of Revenue	1,299	1,259	1,173	808.03	676.26	487.26
Gross Profit	320.19	322.27	337.01	216.47	194.79	194.21
Selling, General & Admin	137.8	134.28	111.93	87.38	66.94	64.54
Research & Development	60.08	58.7	57.89	39.64	36.79	27.25
Other Operating Expenses	-5.17	-3.35	-1.04	2.7	3.21	3.79
Operating Expenses	221.85	216.89	195.59	134.53	126.59	101.17
Operating Income	98.35	105.38	141.42	81.94	68.2	93.04
Interest Expense	-9.27	-9.96	-5.33	-4.12	-3.91	-2.33
Interest & Investment Income	0.47	1.06	2.99	3.14	0.73	1.24
Currency Exchange Gain (Loss)	0.08	0.08	-0.01	-0	-	-0
Other Non Operating Income (Expenses)	-1.79	-1.57	-1.83	-1.32	0.59	0.43
EBT Excluding Unusual Items	87.83	94.99	137.24	79.65	65.61	92.38
Gain (Loss) on Sale of Investments	-0	0.07	0.06	-	-	-
Gain (Loss) on Sale of Assets	0.05	0	-0.11	0.08	-0.23	-0.34
Asset Writedown	2.72	-0.89	-4.05	-0.03	-0.01	-1
Other Unusual Items	6.38	5.77	0.98	11.5	20.6	3.12
Pretax Income	96.98	99.94	134.13	91.2	85.96	94.16
Income Tax Expense	8.41	8.88	12.7	-0.06	7.55	11.42
Earnings From Continuing Operations	88.56	91.07	121.43	91.26	78.42	82.74
Minority Interest in Earnings	0.6	0.54	0.04	-	-	-
Net Income	89.17	91.61	121.47	91.26	78.42	82.74
Net Income to Common	89.17	91.61	121.47	91.26	78.42	82.74
Net Income Growth	-32.47%	-24.59%	33.11%	16.38%	-5.22%	20.16%
Shares Outstanding (Basic)	161	161	160	143	120	120
Shares Outstanding (Diluted)	161	161	160	143	120	120
Shares Change (YoY)	0.02%	0.55%	11.52%	19.45%	-0.00%	-
EPS (Basic)	0.55	0.57	0.76	0.64	0.65	0.69
EPS (Diluted)	0.55	0.57	0.76	0.64	0.65	0.69
EPS Growth	-32.49%	-25.00%	19.36%	-2.57%	-5.22%	20.96%
Free Cash Flow	-148.17	-213.39	-148.68	-170.11	-58.51	31.28
Free Cash Flow Per Share	-0.92	-1.33	-0.93	-1.19	-0.49	0.26
Dividend Per Share	0.200	0.200	-	0.350	-	-
Gross Margin	19.77%	20.39%	22.32%	21.13%	22.36%	28.50%
Operating Margin	6.07%	6.67%	9.37%	8.00%	7.83%	13.65%
Profit Margin	5.51%	5.79%	8.04%	8.91%	9.00%	12.14%
Free Cash Flow Margin	-9.15%	-13.50%	-9.84%	-16.60%	-6.72%	4.59%
EBITDA	127.43	132.41	160.24	94.97	77.08	100.5
EBITDA Margin	7.87%	8.38%	10.61%	9.27%	8.85%	14.75%
D&A For EBITDA	29.08	27.03	18.82	13.03	8.88	7.46
EBIT	98.35	105.38	141.42	81.94	68.2	93.04
EBIT Margin	6.07%	6.67%	9.37%	8.00%	7.83%	13.65%
Effective Tax Rate	8.67%	8.88%	9.47%	-	8.78%	12.13%
Revenue as Reported	1,619	1,581	1,510	1,025	871.05	-
Advertising Expenses	-	4.51	2.85	1.58	1.3	-

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.