Suzhou Huazhijie Telecom Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	1,403	1,213	925.58	987.5
Other Revenue	16.59	16.59	11.53	31.33
Revenue	1,420	1,230	937.1	1,019
Revenue Growth (YoY)	51.54%	31.26%	-8.02%	-
Cost of Revenue	1,081	915.18	693.04	805.43
Gross Profit	338.81	314.84	244.06	213.41
Selling, General & Admin	101.14	95.22	70.05	67.94
Research & Development	66.78	58.61	49.3	51.21
Other Operating Expenses	5.48	-0.12	4.67	6.18
Operating Expenses	175.97	159.78	127.08	120.96
Operating Income	162.84	155.06	116.98	92.45
Interest Expense	-0.81	-0.63	-0.65	-1.19
Interest & Investment Income	8.91	7.26	2.34	1.8
Currency Exchange Gain (Loss)	8.89	8.89	11.81	17.47
Other Non Operating Income (Expenses)	2.12	-0.39	-0.45	-0.46
EBT Excluding Unusual Items	181.95	170.19	130.03	110.08
Gain (Loss) on Sale of Assets	-0	-0	-0.02	-0
Asset Writedown	0.3	-0.89	-0.02	-0.15
Other Unusual Items	2.08	1.94	3.45	3.54
Pretax Income	184.33	171.24	133.43	113.46
Income Tax Expense	22.07	17.74	11.97	12.76
Net Income	162.26	153.5	121.46	100.7
Net Income to Common	162.26	153.5	121.46	100.7
Net Income Growth	33.59%	26.38%	20.61%	-
Shares Outstanding (Basic)	81	75	75	75
Shares Outstanding (Diluted)	81	75	75	75
Shares Change (YoY)	8.15%	-0.13%	-0.23%	-
EPS (Basic)	2.00	2.05	1.62	1.34
EPS (Diluted)	2.00	2.05	1.62	1.34
EPS Growth	23.53%	26.54%	20.90%	-
Free Cash Flow	84.9	67.94	83.82	146.02
Free Cash Flow Per Share	1.05	0.91	1.12	1.94
Gross Margin	23.86%	25.60%	26.04%	20.95%
Operating Margin	11.47%	12.61%	12.48%	9.07%
Profit Margin	11.43%	12.48%	12.96%	9.88%
Free Cash Flow Margin	5.98%	5.52%	8.95%	14.33%
EBITDA	181	172.46	133.37	107.58
EBITDA Margin	12.75%	14.02%	14.23%	10.56%
D&A For EBITDA	18.16	17.4	16.39	15.13
EBIT	162.84	155.06	116.98	92.45
EBIT Margin	11.47%	12.61%	12.48%	9.07%
Effective Tax Rate	11.97%	10.36%	8.97%	11.24%

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