Zhejiang Dehong Automotive Electronic & Electrical Co., Ltd. (SHA:603701)

SHA:603701 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	718.23	698.22	639.26	483.32	581.39	590.34
Other Revenue	8.82	8.82	8.84	8.51	11.15	9.42
Revenue	727.04	707.03	648.1	491.83	592.54	599.76
Revenue Growth (YoY)	8.87%	9.09%	31.77%	-16.99%	-1.20%	25.95%
Cost of Revenue	638.59	617.9	547.27	402.07	480.76	445.79
Gross Profit	88.46	89.14	100.83	89.76	111.78	153.97
Selling, General & Admin	52.71	54.59	54.67	58.76	58.99	56.93
Research & Development	17.24	18.37	19.64	18.01	21.04	19.21
Other Operating Expenses	2.88	2.03	0.26	4.34	4.62	4.17
Operating Expenses	72.93	75.08	78.97	81.14	79.89	84.62
Operating Income	15.53	14.06	21.86	8.62	31.89	69.36
Interest Expense	-0.97	-0.97	-0.04	-0.01	-0.14	-0.64
Interest & Investment Income	14.45	14.55	2.7	4.57	2.81	2.16
Currency Exchange Gain (Loss)	0.11	0.11	0.05	0.57	-0.1	0.82
Other Non Operating Income (Expenses)	-2.08	-0.41	-0.28	-0.17	-0.08	-0.11
EBT Excluding Unusual Items	27.04	27.33	24.28	13.59	34.37	71.58
Gain (Loss) on Sale of Investments	1.07	1.49	1.93	1.24	0.6	-0.91
Gain (Loss) on Sale of Assets	27.56	27.55	0.77	-0.03	1.97	-0.22
Asset Writedown	-0.6	-	-	-	-0.01	-0.02
Other Unusual Items	3.99	3.99	1.59	4.86	2.88	2.47
Pretax Income	59.07	60.37	28.57	19.65	39.82	72.89
Income Tax Expense	3.98	3.76	0.48	0.42	1.07	9.27
Earnings From Continuing Operations	55.09	56.61	28.09	19.24	38.75	63.63
Minority Interest in Earnings	-11.36	-10.48	-8.13	-8.16	0.18	-0.14
Net Income	43.73	46.13	19.96	11.08	38.93	63.49
Net Income to Common	43.73	46.13	19.96	11.08	38.93	63.49
Net Income Growth	114.89%	131.13%	80.20%	-71.55%	-38.69%	10.39%
Shares Outstanding (Basic)	256	256	249	277	260	254
Shares Outstanding (Diluted)	256	256	249	277	260	254
Shares Change (YoY)	1.25%	2.72%	-9.90%	6.71%	2.18%	-2.86%
EPS (Basic)	0.17	0.18	0.08	0.04	0.15	0.25
EPS (Diluted)	0.17	0.18	0.08	0.04	0.15	0.25
EPS Growth	112.23%	125.00%	100.00%	-73.33%	-40.00%	13.64%
Free Cash Flow	-126.44	28.24	-67.2	22.96	34.48	-15.23
Free Cash Flow Per Share	-0.49	0.11	-0.27	0.08	0.13	-0.06
Dividend Per Share	0.040	0.040	0.025	-	0.050	0.050
Dividend Growth	60.00%	60.00%	-	-	-	-67.49%
Gross Margin	12.17%	12.61%	15.56%	18.25%	18.86%	25.67%
Operating Margin	2.14%	1.99%	3.37%	1.75%	5.38%	11.56%
Profit Margin	6.01%	6.53%	3.08%	2.25%	6.57%	10.59%
Free Cash Flow Margin	-17.39%	3.99%	-10.37%	4.67%	5.82%	-2.54%
EBITDA	36.33	35	43.34	31.52	52.56	86.99
EBITDA Margin	5.00%	4.95%	6.69%	6.41%	8.87%	14.51%
D&A For EBITDA	20.8	20.94	21.48	22.9	20.67	17.64
EBIT	15.53	14.06	21.86	8.62	31.89	69.36
EBIT Margin	2.14%	1.99%	3.37%	1.75%	5.38%	11.56%
Effective Tax Rate	6.74%	6.23%	1.66%	2.12%	2.69%	12.71%
Revenue as Reported	707.03	707.03	648.1	491.83	592.54	599.76
Advertising Expenses	-	-	-	-	-	0.05

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.