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

Power HF Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	793.43	897.53	1,328	736.25	1,333
Other Revenue	-	18.85	24.54	8.53	20.86
Revenue	793.43	916.38	1,352	744.78	1,354
Revenue Growth (YoY)	-13.42%	-32.23%	81.56%	-45.01%	-14.92%
Cost of Revenue	693.93	784.92	1,107	656.34	1,092
Gross Profit	99.49	131.46	245.2	88.44	262.2
Selling, General & Admin	50.98	60.26	63.6	49.93	49.46
Research & Development	27.83	31.91	45.13	22.51	44.76
Other Operating Expenses	-0.02	-6.59	11.86	3.56	7.01
Operating Expenses	78.78	74.53	133.08	76.38	93.94
Operating Income	20.71	56.93	112.11	12.06	168.26
Interest Expense	-	-0	-0.01	-0.04	-0.05
Interest & Investment Income	2.35	24.09	24.64	22.31	20.28
Currency Exchange Gain (Loss)	-	0.06	-0.81	-2.16	-1.08
Other Non Operating Income (Expenses)	10.18	-1.6	-1.79	-0.68	-0.4
EBT Excluding Unusual Items	33.24	79.48	134.15	31.48	187
Gain (Loss) on Sale of Investments	0.51	0.33	0.56	1.01	0.06
Gain (Loss) on Sale of Assets	0	-0.07	-1.22	-0.02	0.04
Asset Writedown	-7.73	-1.5	-	-	-
Other Unusual Items	-	0.95	0.7	1.91	10.54
Pretax Income	26.03	79.19	134.2	34.38	197.63
Income Tax Expense	3.24	5.6	24.96	11.46	34.02
Earnings From Continuing Operations	22.79	73.59	109.24	22.92	163.61
Minority Interest in Earnings	-0	0	0.05	0.67	0.23
Net Income	22.79	73.59	109.29	23.59	163.83
Net Income to Common	22.79	73.59	109.29	23.59	163.83
Net Income Growth	-69.04%	-32.67%	363.23%	-85.60%	-14.03%
Shares Outstanding (Basic)	175	171	171	169	171
Shares Outstanding (Diluted)	175	171	171	169	171
Shares Change (YoY)	2.42%	0.21%	1.33%	-1.25%	20.63%
EPS (Basic)	0.13	0.43	0.64	0.14	0.96
EPS (Diluted)	0.13	0.43	0.64	0.14	0.96
EPS Growth	-69.77%	-32.81%	357.14%	-85.42%	-28.73%
Free Cash Flow	-59.04	147.8	-157.12	186.07	-0.86
Free Cash Flow Per Share	-0.34	0.86	-0.92	1.10	-0.01
Dividend Per Share	-	0.400	0.400	0.100	0.464
Dividend Growth	-	-	300.00%	-78.46%	30.02%
Gross Margin	12.54%	14.35%	18.13%	11.88%	19.36%
Operating Margin	2.61%	6.21%	8.29%	1.62%	12.42%
Profit Margin	2.87%	8.03%	8.08%	3.17%	12.10%
Free Cash Flow Margin	-7.44%	16.13%	-11.62%	24.98%	-0.06%
EBITDA	132.43	150.21	206.71	86.45	235.3
EBITDA Margin	16.69%	16.39%	15.29%	11.61%	17.37%
D&A For EBITDA	111.72	93.28	94.6	74.39	67.04
EBIT	20.71	56.93	112.11	12.06	168.26
EBIT Margin	2.61%	6.21%	8.29%	1.62%	12.42%
Effective Tax Rate	12.45%	7.08%	18.60%	33.34%	17.21%
Revenue as Reported	-	916.38	1,352	744.78	1,354
Advertising Expenses	-	0.17	0.31	0.11	0.2

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