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

Huaqin Technology Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	109,878	82,799	89,610	80,304	58,280
Other Revenue	-	2,540	3,036	3,454	1,586
Revenue	109,878	85,338	92,646	83,759	59,866
Revenue Growth (YoY)	28.75%	-7.89%	10.61%	39.91%	69.59%
Cost of Revenue	99,657	75,857	83,595	77,306	53,980
Gross Profit	10,221	9,481	9,051	6,453	5,885
Selling, General & Admin	2,509	2,471	2,235	1,823	1,236
Research & Development	5,156	4,481	4,985	3,567	2,402
Other Operating Expenses	-179.59	255.04	165.93	123.77	55.23
Operating Expenses	7,475	7,249	7,412	5,514	3,700
Operating Income	2,745	2,232	1,638	938.33	2,186
Interest Expense	-	-270.33	-222.08	-110.13	-148.62
Interest & Investment Income	262.12	373.13	213.02	159.19	327.57
Currency Exchange Gain (Loss)	-	-39.08	282.74	0.18	-297.06
Other Non Operating Income (Expenses)	343.53	36.26	51.47	79.55	32.85
EBT Excluding Unusual Items	3,351	2,332	1,964	1,067	2,100
Gain (Loss) on Sale of Investments	-188.39	162.95	185.18	582.73	208.96
Gain (Loss) on Sale of Assets	-1.03	-14.46	-9.71	-1.7	-4.02
Asset Writedown	-127.19	-	-	-0.37	-1.26
Other Unusual Items	-	353.24	661	399.65	169.56
Pretax Income	3,034	2,834	2,800	2,047	2,474
Income Tax Expense	120.71	178.21	307.5	172.42	282.85
Earnings From Continuing Operations	2,914	2,655	2,493	1,875	2,191
Minority Interest in Earnings	12.59	51.44	71.16	17.84	0.77
Net Income	2,926	2,707	2,564	1,893	2,191
Net Income to Common	2,926	2,707	2,564	1,893	2,191
Net Income Growth	8.10%	5.59%	35.44%	-13.63%	333.60%
Shares Outstanding (Basic)	1,013	955	913	913	883
Shares Outstanding (Diluted)	1,013	955	913	913	883
Shares Change (YoY)	6.05%	4.63%	-0.00%	3.36%	-
EPS (Basic)	2.89	2.83	2.81	2.07	2.48
EPS (Diluted)	2.89	2.83	2.81	2.07	2.48
EPS Growth	1.94%	0.91%	35.45%	-16.43%	-
Free Cash Flow	-691.17	2,385	202.3	-1,115	319.65
Free Cash Flow Per Share	-0.68	2.50	0.22	-1.22	0.36
Dividend Per Share	-	0.857	-	-	-
Gross Margin	9.30%	11.11%	9.77%	7.70%	9.83%
Operating Margin	2.50%	2.61%	1.77%	1.12%	3.65%
Profit Margin	2.66%	3.17%	2.77%	2.26%	3.66%
Free Cash Flow Margin	-0.63%	2.79%	0.22%	-1.33%	0.53%
EBITDA	3,804	3,120	2,379	1,414	2,474
EBITDA Margin	3.46%	3.66%	2.57%	1.69%	4.13%
D&A For EBITDA	1,059	887.74	741.09	475.89	288.37
EBIT	2,745	2,232	1,638	938.33	2,186
EBIT Margin	2.50%	2.61%	1.77%	1.12%	3.65%
Effective Tax Rate	3.98%	6.29%	10.98%	8.42%	11.43%
Revenue as Reported	109,878	85,338	92,646	-	-

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