Changhua Holding Group Co., Ltd. (SHA:605018)

Changhua Holding Group 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,939	2,128	2,326	1,748	1,408	1,373
Other Revenue	62.98	79.1	96.07	87.33	88.8	81.18
Revenue	2,002	2,207	2,422	1,835	1,496	1,454
Revenue Growth (YoY)	-23.82%	-8.88%	31.96%	22.66%	2.89%	1.64%
Cost of Revenue	1,737	1,928	2,129	1,582	1,196	1,119
Gross Profit	264.42	279.19	292.73	253.74	300.35	335.14
Selling, General & Admin	104.85	106.09	116.78	92.38	91.31	77.92
Research & Development	107.25	99.48	92.89	90.33	81.55	71.88
Other Operating Expenses	10.6	1.33	3.65	11.19	9.94	8.6
Operating Expenses	225.99	200.45	224.85	197.12	184.43	160.03
Operating Income	38.43	78.74	67.88	56.62	115.92	175.12
Interest Expense	-1.57	-2.97	-5.48	-3.68	-3.93	-7.52
Interest & Investment Income	33.81	34.08	37.3	51.11	45.44	41.99
Currency Exchange Gain (Loss)	0.39	0.12	-0.05	0.56	-0.08	-0.18
Other Non Operating Income (Expenses)	-0.25	0.16	-0.8	-0.97	-2.37	0.55
EBT Excluding Unusual Items	70.8	110.13	98.85	103.63	154.99	209.95
Gain (Loss) on Sale of Investments	-	-0.09	0.09	-	-0.17	0.17
Gain (Loss) on Sale of Assets	-0.54	-0.94	-1.82	-0.62	-0.09	0.34
Other Unusual Items	14.87	10.12	8.97	5.84	15.16	22.72
Pretax Income	85.14	119.22	106.08	108.85	169.89	233.18
Income Tax Expense	0.04	5.55	-3.13	-0.66	14	32.46
Earnings From Continuing Operations	85.1	113.68	109.22	109.51	155.89	200.72
Net Income	85.1	113.68	109.22	109.51	155.89	200.72
Net Income to Common	85.1	113.68	109.22	109.51	155.89	200.72
Net Income Growth	-42.17%	4.08%	-0.27%	-29.75%	-22.34%	-2.33%
Shares Outstanding (Basic)	474	474	475	456	421	386
Shares Outstanding (Diluted)	474	474	475	456	421	386
Shares Change (YoY)	0.14%	-0.25%	4.07%	8.30%	9.15%	3.30%
EPS (Basic)	0.18	0.24	0.23	0.24	0.37	0.52
EPS (Diluted)	0.18	0.24	0.23	0.24	0.37	0.52
EPS Growth	-42.25%	4.35%	-4.17%	-35.13%	-28.85%	-5.46%
Free Cash Flow	41.08	144.47	-130.16	-365.34	-167.1	62.81
Free Cash Flow Per Share	0.09	0.30	-0.27	-0.80	-0.40	0.16
Dividend Per Share	0.150	0.150	0.200	0.189	0.290	0.200
Dividend Growth	-25.00%	-25.00%	5.82%	-34.83%	45.00%	-
Gross Margin	13.21%	12.65%	12.09%	13.83%	20.07%	23.05%
Operating Margin	1.92%	3.57%	2.80%	3.08%	7.75%	12.04%
Profit Margin	4.25%	5.15%	4.51%	5.97%	10.42%	13.80%
Free Cash Flow Margin	2.05%	6.55%	-5.37%	-19.91%	-11.17%	4.32%
EBITDA	184	216.42	182.62	159	210.79	263.57
EBITDA Margin	9.19%	9.81%	7.54%	8.66%	14.09%	18.12%
D&A For EBITDA	145.57	137.68	114.75	102.38	94.87	88.45
EBIT	38.43	78.74	67.88	56.62	115.92	175.12
EBIT Margin	1.92%	3.57%	2.80%	3.08%	7.75%	12.04%
Effective Tax Rate	0.04%	4.65%	-	-	8.24%	13.92%
Revenue as Reported	2,002	2,207	2,422	1,835	1,496	1,454

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