Qingdao Hiron Commercial Cold Chain Co., Ltd. (SHA:603187)

SHA:603187 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	2,787	2,729	3,109	2,825	2,592	1,845
Other Revenue	101.62	101.62	96.06	79.32	70.09	45.13
Revenue	2,888	2,831	3,205	2,905	2,662	1,890
Revenue Growth (YoY)	-8.78%	-11.67%	10.34%	9.12%	40.80%	23.11%
Cost of Revenue	2,108	2,048	2,288	2,220	2,112	1,360
Gross Profit	780.03	783.05	916.47	684.32	550.04	530.55
Selling, General & Admin	299.29	309.72	318.68	240.99	200.07	133.45
Research & Development	102.46	98.94	108.58	106.52	85.65	57.77
Other Operating Expenses	10.6	2.55	21.63	26.35	21.13	17.51
Operating Expenses	422.6	427.15	490.61	403.04	297.61	220.62
Operating Income	357.43	355.9	425.86	281.28	252.44	309.93
Interest Expense	-0.02	-0.01	-	-	-4.26	-12.76
Interest & Investment Income	42.37	45.78	43.53	31.09	31.61	19.53
Currency Exchange Gain (Loss)	8.32	8.32	9.7	23.91	-4.24	-24.55
Other Non Operating Income (Expenses)	-15.5	-5.99	-2.22	0.27	-6.17	-4.24
EBT Excluding Unusual Items	392.61	404.01	476.87	336.55	269.38	287.9
Gain (Loss) on Sale of Investments	3.7	3.7	4.9	-	1.7	-0.05
Gain (Loss) on Sale of Assets	-0.91	-0.9	-0.04	0.16	-0.03	-0.06
Other Unusual Items	15.58	15.66	3.17	4.12	3.64	24.67
Pretax Income	410.98	422.47	484.9	340.84	274.69	312.45
Income Tax Expense	69.23	68.93	71.76	36.71	31.36	41.78
Earnings From Continuing Operations	341.75	353.54	413.14	304.13	243.33	270.68
Minority Interest in Earnings	1.37	0.13	-0.06	-11.92	-18.18	-2.58
Net Income	343.12	353.66	413.09	292.21	225.15	268.1
Net Income to Common	343.12	353.66	413.09	292.21	225.15	268.1
Net Income Growth	-16.54%	-14.38%	41.37%	29.78%	-16.02%	22.51%
Shares Outstanding (Basic)	385	384	382	356	328	308
Shares Outstanding (Diluted)	385	384	382	356	332	324
Shares Change (YoY)	1.16%	0.51%	7.33%	7.40%	2.55%	4.86%
EPS (Basic)	0.89	0.92	1.08	0.82	0.69	0.87
EPS (Diluted)	0.89	0.92	1.08	0.82	0.68	0.83
EPS Growth	-17.50%	-14.82%	31.71%	20.84%	-18.10%	16.84%
Free Cash Flow	106.05	127.43	438.12	-207.38	-259.91	212.23
Free Cash Flow Per Share	0.28	0.33	1.15	-0.58	-0.78	0.66
Dividend Per Share	0.500	0.500	0.550	0.250	0.214	0.306
Dividend Growth	-9.09%	-9.09%	120.00%	16.66%	-29.99%	40.03%
Gross Margin	27.01%	27.66%	28.60%	23.56%	20.66%	28.06%
Operating Margin	12.38%	12.57%	13.29%	9.68%	9.48%	16.39%
Profit Margin	11.88%	12.49%	12.89%	10.06%	8.46%	14.18%
Free Cash Flow Margin	3.67%	4.50%	13.67%	-7.14%	-9.77%	11.23%
EBITDA	459.93	456.52	518.93	353.28	314.1	358.25
EBITDA Margin	15.92%	16.13%	16.19%	12.16%	11.80%	18.95%
D&A For EBITDA	102.5	100.62	93.06	72	61.67	48.33
EBIT	357.43	355.9	425.86	281.28	252.44	309.93
EBIT Margin	12.38%	12.57%	13.29%	9.68%	9.48%	16.39%
Effective Tax Rate	16.84%	16.32%	14.80%	10.77%	11.42%	13.37%
Revenue as Reported	2,888	2,831	3,205	2,905	2,662	1,890
Advertising Expenses	-	6.26	5.68	3.38	0.88	2.94

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