Power HF Co., Ltd. (SHA:605100)

Power HF 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	720.72	897.53	1,328	736.25	1,333	1,565
Other Revenue	10.88	18.85	24.54	8.53	20.86	26.53
Revenue	731.6	916.38	1,352	744.78	1,354	1,592
Revenue Growth (YoY)	-38.82%	-32.23%	81.56%	-45.01%	-14.92%	37.54%
Cost of Revenue	638.78	784.92	1,107	656.34	1,092	1,259
Gross Profit	92.82	131.46	245.2	88.44	262.2	332.77
Selling, General & Admin	54.9	60.26	63.6	49.93	49.46	54.46
Research & Development	26.36	31.91	45.13	22.51	44.76	49.32
Other Operating Expenses	0.66	-6.59	11.86	3.56	7.01	7.66
Operating Expenses	76.51	74.53	133.08	76.38	93.94	116.68
Operating Income	16.31	56.93	112.11	12.06	168.26	216.09
Interest Expense	-	-0	-0.01	-0.04	-0.05	-8.12
Interest & Investment Income	23.66	24.09	24.64	22.31	20.28	10.69
Currency Exchange Gain (Loss)	0.07	0.06	-0.81	-2.16	-1.08	0.03
Other Non Operating Income (Expenses)	-1.85	-1.6	-1.79	-0.68	-0.4	-0.26
EBT Excluding Unusual Items	38.18	79.48	134.15	31.48	187	218.44
Gain (Loss) on Sale of Investments	-0.8	0.33	0.56	1.01	0.06	0.67
Gain (Loss) on Sale of Assets	0.05	-0.07	-1.22	-0.02	0.04	-0.31
Asset Writedown	-	-1.5	-	-	-	-
Other Unusual Items	0.99	0.95	0.7	1.91	10.54	13.36
Pretax Income	38.43	79.19	134.2	34.38	197.63	232.15
Income Tax Expense	-1.43	5.6	24.96	11.46	34.02	38.82
Earnings From Continuing Operations	39.86	73.59	109.24	22.92	163.61	193.33
Minority Interest in Earnings	0	0	0.05	0.67	0.23	-2.77
Net Income	39.86	73.59	109.29	23.59	163.83	190.56
Net Income to Common	39.86	73.59	109.29	23.59	163.83	190.56
Net Income Growth	-63.09%	-32.67%	363.23%	-85.60%	-14.03%	22.00%
Shares Outstanding (Basic)	170	171	171	169	171	141
Shares Outstanding (Diluted)	170	171	171	169	171	141
Shares Change (YoY)	0.69%	0.21%	1.33%	-1.25%	20.63%	10.91%
EPS (Basic)	0.24	0.43	0.64	0.14	0.96	1.35
EPS (Diluted)	0.24	0.43	0.64	0.14	0.96	1.35
EPS Growth	-63.34%	-32.81%	357.14%	-85.42%	-28.73%	10.00%
Free Cash Flow	-66.97	147.8	-157.12	186.07	-0.86	104.63
Free Cash Flow Per Share	-0.40	0.86	-0.92	1.10	-0.01	0.74
Dividend Per Share	0.300	0.400	0.400	0.100	0.464	0.357
Dividend Growth	-50.00%	-	300.00%	-78.46%	30.02%	-
Gross Margin	12.69%	14.35%	18.13%	11.88%	19.36%	20.91%
Operating Margin	2.23%	6.21%	8.29%	1.62%	12.42%	13.58%
Profit Margin	5.45%	8.03%	8.08%	3.17%	12.10%	11.97%
Free Cash Flow Margin	-9.15%	16.13%	-11.62%	24.98%	-0.06%	6.57%
EBITDA	109.63	150.21	206.71	86.45	235.3	280.08
EBITDA Margin	14.99%	16.39%	15.29%	11.61%	17.37%	17.59%
D&A For EBITDA	93.32	93.28	94.6	74.39	67.04	63.99
EBIT	16.31	56.93	112.11	12.06	168.26	216.09
EBIT Margin	2.23%	6.21%	8.29%	1.62%	12.42%	13.58%
Effective Tax Rate	-	7.08%	18.60%	33.34%	17.21%	16.72%
Revenue as Reported	731.6	916.38	1,352	744.78	1,354	1,592
Advertising Expenses	-	0.17	0.31	0.11	0.2	2.36

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