Huaqin Technology Co., Ltd. (SHA:603296)

Huaqin Technology Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	93,924	82,799	89,610	80,304	58,280	34,661
Other Revenue	2,540	2,540	3,036	3,454	1,586	638.65
Revenue	96,464	85,338	92,646	83,759	59,866	35,300
Revenue Growth (YoY)	11.79%	-7.89%	10.61%	39.91%	69.59%	14.31%
Cost of Revenue	86,927	75,857	83,595	77,306	53,980	32,522
Gross Profit	9,536	9,481	9,051	6,453	5,885	2,779
Selling, General & Admin	2,525	2,471	2,235	1,823	1,236	897.5
Research & Development	4,881	4,481	4,985	3,567	2,402	1,522
Other Operating Expenses	187.38	255.04	165.93	123.77	55.23	48.48
Operating Expenses	7,508	7,249	7,412	5,514	3,700	2,482
Operating Income	2,028	2,232	1,638	938.33	2,186	296.89
Interest Expense	-235.45	-270.33	-222.08	-110.13	-148.62	-145.42
Interest & Investment Income	601.59	373.13	213.02	159.19	327.57	236.59
Currency Exchange Gain (Loss)	-39.08	-39.08	282.74	0.18	-297.06	9.43
Other Non Operating Income (Expenses)	53.86	36.26	51.47	79.55	32.85	57.37
EBT Excluding Unusual Items	2,409	2,332	1,964	1,067	2,100	454.87
Gain (Loss) on Sale of Investments	-119.68	162.95	185.18	582.73	208.96	15.72
Gain (Loss) on Sale of Assets	-6.39	-14.46	-9.71	-1.7	-4.02	-2.9
Asset Writedown	151.62	-	-	-0.37	-1.26	-38.79
Other Unusual Items	353.24	353.24	661	399.65	169.56	113.31
Pretax Income	2,788	2,834	2,800	2,047	2,474	542.22
Income Tax Expense	36.32	178.21	307.5	172.42	282.85	39.27
Earnings From Continuing Operations	2,752	2,655	2,493	1,875	2,191	502.95
Minority Interest in Earnings	21.12	51.44	71.16	17.84	0.77	2.47
Net Income	2,773	2,707	2,564	1,893	2,191	505.42
Net Income to Common	2,773	2,707	2,564	1,893	2,191	505.42
Net Income Growth	-3.67%	5.59%	35.44%	-13.63%	333.60%	177.85%
Shares Outstanding (Basic)	1,021	955	913	913	883	-
Shares Outstanding (Diluted)	1,021	955	913	913	883	-
Shares Change (YoY)	10.90%	4.63%	-0.00%	3.36%	-	-
EPS (Basic)	2.71	2.83	2.81	2.07	2.48	-
EPS (Diluted)	2.71	2.83	2.81	2.07	2.48	-
EPS Growth	-13.13%	0.91%	35.45%	-16.43%	-	-
Free Cash Flow	1,506	2,385	202.3	-1,115	319.65	-145.49
Free Cash Flow Per Share	1.48	2.50	0.22	-1.22	0.36	-
Dividend Per Share	0.857	0.857	-	-	-	-
Gross Margin	9.89%	11.11%	9.77%	7.70%	9.83%	7.87%
Operating Margin	2.10%	2.61%	1.77%	1.12%	3.65%	0.84%
Profit Margin	2.87%	3.17%	2.77%	2.26%	3.66%	1.43%
Free Cash Flow Margin	1.56%	2.79%	0.22%	-1.33%	0.53%	-0.41%
EBITDA	2,876	3,120	2,379	1,414	2,474	404.18
EBITDA Margin	2.98%	3.66%	2.57%	1.69%	4.13%	1.15%
D&A For EBITDA	847.49	887.74	741.09	475.89	288.37	107.29
EBIT	2,028	2,232	1,638	938.33	2,186	296.89
EBIT Margin	2.10%	2.61%	1.77%	1.12%	3.65%	0.84%
Effective Tax Rate	1.30%	6.29%	10.98%	8.42%	11.43%	7.24%
Revenue as Reported	96,464	85,338	92,646	-	-	-

Updated Oct 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.