Jiangsu Hengxing New Material Technology Co.,Ltd. (SHA:603276)

SHA:603276 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	749.26	716.3	622.8	636.8	483.79	400.69
Other Revenue	13.98	13.98	21.32	40.35	34.3	27.47
Revenue	763.24	730.28	644.13	677.15	518.09	428.17
Revenue Growth (YoY)	16.01%	13.38%	-4.88%	30.70%	21.00%	13.49%
Cost of Revenue	664.94	636.9	489.63	495.04	347.48	224.94
Gross Profit	98.3	93.38	154.5	182.11	170.6	203.23
Selling, General & Admin	46.17	45.46	40.04	43.89	46.45	39.84
Research & Development	32	28.67	19.01	22.84	16.78	12.67
Other Operating Expenses	-0.04	-2.51	2.57	4.98	4.16	4.23
Operating Expenses	79.32	72.14	62.35	70.84	68.83	56.55
Operating Income	18.98	21.24	92.15	111.27	101.77	146.68
Interest Expense	-0.02	-0.02	-2.59	-4.36	-1.21	-0.5
Interest & Investment Income	16.66	17.3	5.42	0.32	1.98	4.46
Currency Exchange Gain (Loss)	1.63	1.63	1.45	5.54	1.22	-2.66
Other Non Operating Income (Expenses)	-0.42	0.43	-2.82	-1.81	-1.22	-0.4
EBT Excluding Unusual Items	36.83	40.58	93.61	110.96	102.54	147.58
Gain (Loss) on Sale of Investments	-0.43	-0.27	1.52	-1.2	-1.84	-
Gain (Loss) on Sale of Assets	-0	0	0.08	-0.47	-0	0.05
Asset Writedown	0.25	-	-	-	-	-1.55
Other Unusual Items	0.23	0.99	0.01	2.32	4.24	1.59
Pretax Income	36.87	41.31	95.23	111.62	104.95	147.68
Income Tax Expense	5.93	6.46	17.15	18.34	15.23	23.04
Net Income	30.95	34.85	78.08	93.28	89.72	124.64
Net Income to Common	30.95	34.85	78.08	93.28	89.72	124.64
Net Income Growth	-60.42%	-55.36%	-16.30%	3.96%	-28.01%	20.56%
Shares Outstanding (Basic)	206	205	170	155	156	156
Shares Outstanding (Diluted)	206	205	170	155	156	156
Shares Change (YoY)	12.40%	20.79%	9.18%	-0.04%	-0.18%	99.74%
EPS (Basic)	0.15	0.17	0.46	0.60	0.58	0.80
EPS (Diluted)	0.15	0.17	0.46	0.60	0.58	0.80
EPS Growth	-64.79%	-63.04%	-23.33%	4.00%	-27.89%	-39.64%
Free Cash Flow	-76.61	-82.06	-39.99	25.81	-191.57	-82.99
Free Cash Flow Per Share	-0.37	-0.40	-0.24	0.17	-1.23	-0.53
Dividend Per Share	0.125	0.125	0.154	-	-	-
Dividend Growth	-18.73%	-18.73%	-	-	-	-
Gross Margin	12.88%	12.79%	23.99%	26.89%	32.93%	47.47%
Operating Margin	2.49%	2.91%	14.31%	16.43%	19.64%	34.26%
Profit Margin	4.06%	4.77%	12.12%	13.78%	17.32%	29.11%
Free Cash Flow Margin	-10.04%	-11.24%	-6.21%	3.81%	-36.98%	-19.38%
EBITDA	83.1	83.24	145.69	163.5	123.36	160.16
EBITDA Margin	10.89%	11.40%	22.62%	24.14%	23.81%	37.41%
D&A For EBITDA	64.12	62.01	53.55	52.23	21.59	13.48
EBIT	18.98	21.24	92.15	111.27	101.77	146.68
EBIT Margin	2.49%	2.91%	14.31%	16.43%	19.64%	34.26%
Effective Tax Rate	16.08%	15.63%	18.01%	16.43%	14.51%	15.60%
Revenue as Reported	763.24	730.28	644.13	677.15	518.09	428.17

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