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 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	1,432	1,373	1,213	925.58	987.5
Other Revenue	29.33	29.33	16.59	11.53	31.33
Revenue	1,461	1,402	1,230	937.1	1,019
Revenue Growth (YoY)	11.71%	13.97%	31.26%	-8.02%	-
Cost of Revenue	1,143	1,080	914.3	693.04	805.43
Gross Profit	317.82	321.63	315.72	244.06	213.41
Selling, General & Admin	110.1	106.85	96.1	70.05	67.94
Research & Development	65.18	65.23	58.61	49.3	51.21
Other Operating Expenses	4.99	4.31	-0.12	4.67	6.18
Operating Expenses	181.04	178.18	161.3	127.08	120.96
Operating Income	136.78	143.45	154.42	116.98	92.45
Interest Expense	-10.33	-0.71	-0.63	-0.65	-1.19
Interest & Investment Income	9.59	9.58	7.26	2.34	1.8
Currency Exchange Gain (Loss)	-3.41	-3.41	8.89	11.81	17.47
Other Non Operating Income (Expenses)	-4.31	-1.82	0.26	-0.45	-0.46
EBT Excluding Unusual Items	128.32	147.09	170.2	130.03	110.08
Gain (Loss) on Sale of Investments	0.17	0.17	-	-	-
Gain (Loss) on Sale of Assets	-0.02	-0.07	-0.89	-0.02	-0
Asset Writedown	-0.29	-	-	-0.02	-0.15
Other Unusual Items	3.1	3.1	1.93	3.45	3.54
Pretax Income	131.28	150.29	171.24	133.43	113.46
Income Tax Expense	20.09	25.93	17.74	11.97	12.76
Net Income	111.19	124.36	153.5	121.46	100.7
Net Income to Common	111.19	124.36	153.5	121.46	100.7
Net Income Growth	-30.57%	-18.98%	26.38%	20.61%	-
Shares Outstanding (Basic)	94	88	75	75	75
Shares Outstanding (Diluted)	95	88	75	75	75
Shares Change (YoY)	26.02%	16.96%	-0.13%	-0.23%	-
EPS (Basic)	1.18	1.42	2.05	1.62	1.34
EPS (Diluted)	1.17	1.42	2.05	1.62	1.34
EPS Growth	-44.90%	-30.73%	26.54%	20.90%	-
Free Cash Flow	-74.2	-32.14	67.94	83.82	146.02
Free Cash Flow Per Share	-0.78	-0.37	0.91	1.12	1.94
Dividend Per Share	1.200	1.200	-	-	-
Gross Margin	21.75%	22.94%	25.67%	26.04%	20.95%
Operating Margin	9.36%	10.23%	12.55%	12.48%	9.07%
Profit Margin	7.61%	8.87%	12.48%	12.96%	9.88%
Free Cash Flow Margin	-5.08%	-2.29%	5.52%	8.95%	14.33%
EBITDA	155.34	162.08	173.36	133.37	107.58
EBITDA Margin	10.63%	11.56%	14.09%	14.23%	10.56%
D&A For EBITDA	18.56	18.63	18.94	16.39	15.13
EBIT	136.78	143.45	154.42	116.98	92.45
EBIT Margin	9.36%	10.23%	12.55%	12.48%	9.07%
Effective Tax Rate	15.31%	17.25%	10.36%	8.97%	11.24%
Revenue as Reported	1,461	1,402	1,230	-	-

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