Qingdao Huijintong Power Equipment Co.,Ltd. (SHA:603577)
11.08
+0.49 (4.63%)
Apr 14, 2026, 3:00 PM CST
SHA:603577 Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 3,955 | 4,336 | 3,888 | 3,290 | 2,946 |
Other Revenue | 227.54 | 282.37 | 205.3 | 318.91 | 267.63 |
| 4,182 | 4,619 | 4,094 | 3,609 | 3,214 | |
Revenue Growth (YoY) | -9.45% | 12.82% | 13.42% | 12.31% | 65.91% |
Cost of Revenue | 3,624 | 3,968 | 3,637 | 3,153 | 2,813 |
Gross Profit | 558.31 | 650.74 | 456.79 | 455.94 | 400.51 |
Selling, General & Admin | 142.01 | 133.43 | 119.24 | 109.87 | 110.12 |
Research & Development | 170.92 | 186.41 | 145.04 | 118.58 | 87.85 |
Other Operating Expenses | 8.96 | -4.2 | 4.78 | 19.55 | 11.62 |
Operating Expenses | 347.75 | 351.18 | 328.55 | 308.2 | 253.07 |
Operating Income | 210.56 | 299.55 | 128.24 | 147.75 | 147.44 |
Interest Expense | -96.36 | -127.17 | -136.65 | -123.54 | -90.56 |
Interest & Investment Income | 0.81 | 2.39 | 4.25 | 2.23 | 5.08 |
Currency Exchange Gain (Loss) | -0.21 | -2.28 | 3.26 | 2.43 | -2.03 |
Other Non Operating Income (Expenses) | -2.79 | -3.31 | -4.45 | -6.45 | 0.2 |
EBT Excluding Unusual Items | 112.01 | 169.2 | -5.34 | 22.42 | 60.13 |
Impairment of Goodwill | - | - | -25.55 | - | - |
Gain (Loss) on Sale of Investments | -0.48 | -0.32 | - | -6.16 | - |
Gain (Loss) on Sale of Assets | 10.64 | 13.37 | 44.4 | -1.23 | -0.3 |
Other Unusual Items | 12.47 | 5.93 | 17.8 | 19.42 | 12.64 |
Pretax Income | 134.64 | 188.18 | 31.3 | 34.44 | 72.47 |
Income Tax Expense | 26.84 | 26.61 | 0.69 | -6.89 | -0.54 |
Earnings From Continuing Operations | 107.8 | 161.57 | 30.61 | 41.33 | 73.01 |
Minority Interest in Earnings | -4.76 | -6.87 | -4.44 | -1.98 | -1.76 |
Net Income | 103.04 | 154.7 | 26.17 | 39.35 | 71.25 |
Net Income to Common | 103.04 | 154.7 | 26.17 | 39.35 | 71.25 |
Net Income Growth | -33.39% | 491.07% | -33.50% | -44.77% | -32.76% |
Shares Outstanding (Basic) | 339 | 339 | 339 | 339 | 301 |
Shares Outstanding (Diluted) | 339 | 339 | 339 | 339 | 301 |
Shares Change (YoY) | 0.02% | 0.02% | -0.07% | 12.71% | 4.42% |
EPS (Basic) | 0.30 | 0.46 | 0.08 | 0.12 | 0.24 |
EPS (Diluted) | 0.30 | 0.46 | 0.08 | 0.12 | 0.24 |
EPS Growth | -33.41% | 490.93% | -33.45% | -50.99% | -35.61% |
Free Cash Flow | 203.24 | 129.45 | -231.48 | -528.22 | -459.71 |
Free Cash Flow Per Share | 0.60 | 0.38 | -0.68 | -1.56 | -1.53 |
Dividend Per Share | 0.061 | 0.137 | - | 0.036 | 0.060 |
Dividend Growth | -55.56% | - | - | -40.00% | -45.95% |
Gross Margin | 13.35% | 14.09% | 11.16% | 12.63% | 12.46% |
Operating Margin | 5.03% | 6.49% | 3.13% | 4.09% | 4.59% |
Profit Margin | 2.46% | 3.35% | 0.64% | 1.09% | 2.22% |
Free Cash Flow Margin | 4.86% | 2.80% | -5.66% | -14.64% | -14.31% |
EBITDA | 327.73 | 417.85 | 237.26 | 236.99 | 237.65 |
EBITDA Margin | 7.84% | 9.05% | 5.80% | 6.57% | 7.40% |
D&A For EBITDA | 117.17 | 118.3 | 109.02 | 89.24 | 90.22 |
EBIT | 210.56 | 299.55 | 128.24 | 147.75 | 147.44 |
EBIT Margin | 5.03% | 6.49% | 3.13% | 4.09% | 4.59% |
Effective Tax Rate | 19.93% | 14.14% | 2.21% | - | - |
Revenue as Reported | 4,182 | 4,619 | 4,094 | 3,609 | 3,214 |
Advertising Expenses | 11.76 | 7.88 | 0.31 | 0.03 | 0.12 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.