Ningbo Heli Technology Co., Ltd. (SHA:603917)

Ningbo Heli Technology 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	540.12	566.13	658.8	674.57	696.26	708.7
Other Revenue	19.64	19.64	13.35	10.82	7.79	8.61
Revenue	559.76	585.76	672.15	685.39	704.06	717.32
Revenue Growth (YoY)	-19.35%	-12.85%	-1.93%	-2.65%	-1.85%	17.41%
Cost of Revenue	512.33	526.7	548.34	537.13	541.47	534.72
Gross Profit	47.43	59.07	123.81	148.26	162.59	182.6
Selling, General & Admin	53.25	54.34	53.78	60.43	63.67	60.01
Research & Development	29.95	30.55	33.54	32.84	33.13	26.34
Other Operating Expenses	3.04	2.28	3.1	6.19	5.81	5.58
Operating Expenses	94.3	92.32	94.54	99.5	102.72	95.21
Operating Income	-46.87	-33.25	29.27	48.75	59.87	87.39
Interest Expense	-0.2	-0.21	-0.82	-1.76	-2.3	-3.51
Interest & Investment Income	6.69	5.65	2.61	1.11	2.17	1.33
Currency Exchange Gain (Loss)	-1.26	-1.26	4.8	3.93	-6.18	-0.79
Other Non Operating Income (Expenses)	2.27	-0.1	-0.19	-0.21	0.06	-0.26
EBT Excluding Unusual Items	-39.36	-29.17	35.67	51.82	53.62	84.16
Gain (Loss) on Sale of Investments	5.42	4.74	-2.14	-2.22	1.56	0.06
Gain (Loss) on Sale of Assets	0.04	-0.23	0.04	0.15	-0.64	0.35
Asset Writedown	-0.35	-3.68	-0.92	-	-0	-0.12
Other Unusual Items	12.56	12.51	16.91	14.59	16.98	12.27
Pretax Income	-21.69	-15.81	49.54	64.34	71.51	96.72
Income Tax Expense	-4.98	-4.57	5.87	5.4	6.61	12.45
Net Income	-16.71	-11.24	43.67	58.93	64.9	84.27
Net Income to Common	-16.71	-11.24	43.67	58.93	64.9	84.27
Net Income Growth	-	-	-25.90%	-9.20%	-22.98%	11.03%
Shares Outstanding (Basic)	204	192	157	157	157	157
Shares Outstanding (Diluted)	204	192	157	157	157	157
Shares Change (YoY)	30.00%	22.53%	0.02%	-0.02%	-0.00%	0.01%
EPS (Basic)	-0.08	-0.06	0.28	0.38	0.41	0.54
EPS (Diluted)	-0.08	-0.06	0.28	0.38	0.41	0.54
EPS Growth	-	-	-25.91%	-9.18%	-22.98%	11.01%
Free Cash Flow	-53.18	-100.46	15.05	124.51	78.95	98.81
Free Cash Flow Per Share	-0.26	-0.52	0.10	0.79	0.50	0.63
Dividend Per Share	0.150	0.150	0.200	0.130	0.130	0.200
Dividend Growth	-25.00%	-25.00%	53.85%	-	-35.00%	81.82%
Gross Margin	8.47%	10.08%	18.42%	21.63%	23.09%	25.46%
Operating Margin	-8.37%	-5.68%	4.35%	7.11%	8.50%	12.18%
Profit Margin	-2.99%	-1.92%	6.50%	8.60%	9.22%	11.75%
Free Cash Flow Margin	-9.50%	-17.15%	2.24%	18.17%	11.21%	13.78%
EBITDA	13.91	27.32	88.97	112.98	123.45	142.34
EBITDA Margin	2.49%	4.66%	13.24%	16.48%	17.53%	19.84%
D&A For EBITDA	60.79	60.57	59.7	64.23	63.58	54.95
EBIT	-46.87	-33.25	29.27	48.75	59.87	87.39
EBIT Margin	-8.37%	-5.68%	4.35%	7.11%	8.50%	12.18%
Effective Tax Rate	-	-	11.86%	8.40%	9.24%	12.88%
Revenue as Reported	559.76	585.76	672.15	685.39	704.06	717.32
Advertising Expenses	-	0.31	0.58	0.14	0.28	0.38

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