Fujian Highton Development Co., Ltd. (SHA:603162)

SHA:603162 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	3,331	3,323	1,658	2,018	1,598	678.88
Other Revenue	336.23	336.23	47.18	27.88	-	-
Revenue	3,667	3,659	1,705	2,046	1,598	678.88
Revenue Growth (YoY)	69.07%	114.55%	-16.65%	28.02%	135.42%	21.72%
Cost of Revenue	3,001	2,994	1,456	1,233	931.81	531.44
Gross Profit	665.76	664.37	249.22	813.49	666.37	147.44
Selling, General & Admin	120.53	117.92	70.85	64.83	46.46	25.4
Other Operating Expenses	3.99	3.57	3.17	3.4	3.61	1.81
Operating Expenses	124.67	120.62	78.21	72.09	51.52	27.41
Operating Income	541.08	543.75	171.01	741.41	614.85	120.03
Interest Expense	-58.29	-45.42	-27.15	-43.02	-53.89	-51.96
Interest & Investment Income	19.92	26.09	31.86	7.85	2.02	0.54
Currency Exchange Gain (Loss)	-4.91	-4.91	2.05	-	-	-
Other Non Operating Income (Expenses)	-0.95	-0.83	-2.4	-0.01	0	0
EBT Excluding Unusual Items	496.86	518.69	175.37	706.23	562.98	68.61
Gain (Loss) on Sale of Investments	1.31	1.05	9.63	-	-	-
Gain (Loss) on Sale of Assets	31.72	31.72	-0	-0.01	-0	-0.02
Other Unusual Items	3.83	3.74	-2.34	-1.44	16.22	19.07
Pretax Income	540.51	561.98	182.93	705.09	579.2	87.67
Income Tax Expense	13.78	12.96	-2.12	33.67	61.76	21.65
Net Income	526.73	549.02	185.04	671.42	517.44	66.02
Net Income to Common	526.73	549.02	185.04	671.42	517.44	66.02
Net Income Growth	165.72%	196.70%	-72.44%	29.76%	683.76%	-35.62%
Shares Outstanding (Basic)	932	915	881	815	804	723
Shares Outstanding (Diluted)	947	931	881	815	804	723
Shares Change (YoY)	7.04%	5.61%	8.18%	1.33%	11.17%	-0.22%
EPS (Basic)	0.57	0.60	0.21	0.82	0.64	0.09
EPS (Diluted)	0.56	0.59	0.21	0.82	0.64	0.09
EPS Growth	148.23%	180.95%	-74.52%	28.06%	605.04%	-35.48%
Free Cash Flow	-776.95	-962.92	-785.4	791.02	445.07	140.1
Free Cash Flow Per Share	-0.82	-1.03	-0.89	0.97	0.55	0.19
Dividend Per Share	0.100	0.100	0.101	0.091	0.046	-
Dividend Growth	-1.38%	-1.38%	11.06%	99.78%	-	-
Gross Margin	18.15%	18.16%	14.61%	39.76%	41.70%	21.72%
Operating Margin	14.75%	14.86%	10.03%	36.24%	38.47%	17.68%
Profit Margin	14.36%	15.01%	10.85%	32.82%	32.38%	9.72%
Free Cash Flow Margin	-21.19%	-26.32%	-46.05%	38.66%	27.85%	20.64%
EBITDA	767.95	744.52	267.36	793.91	696.26	182.24
EBITDA Margin	20.94%	20.35%	15.68%	38.80%	43.57%	26.84%
D&A For EBITDA	226.87	200.77	96.35	52.51	81.41	62.21
EBIT	541.08	543.75	171.01	741.41	614.85	120.03
EBIT Margin	14.75%	14.86%	10.03%	36.24%	38.47%	17.68%
Effective Tax Rate	2.55%	2.31%	-	4.78%	10.66%	24.69%
Revenue as Reported	3,667	3,659	1,705	2,046	-	-

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