Hengsheng Energy Co., Ltd (SHA:605580)

Hengsheng Energy 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	903.87	807.34	783.22	880.75	764.34	523.81
Other Revenue	6.83	6.83	5.62	6.33	6.28	2.99
Revenue	910.7	814.17	788.84	887.09	770.62	526.8
Revenue Growth (YoY)	10.78%	3.21%	-11.08%	15.11%	46.28%	11.13%
Selling, General & Admin	32.19	25.4	26.8	20.32	23.27	17.75
Provision for Bad Debts	7.45	12.28	15.38	10.31	10.3	0.95
Other Operating Expenses	675.41	624.59	582.58	659.15	572.9	360.34
Total Operating Expenses	740.33	679.63	635.63	700.43	607.7	379.04
Operating Income	170.37	134.54	153.21	186.65	162.92	147.77
Interest Expense	-1.35	-6.98	-4.59	-3.24	-5.5	-10.24
Interest Income	0.18	2.25	4.48	4.36	1.62	0.26
Net Interest Expense	-1.17	-4.73	-0.12	1.12	-3.88	-9.99
Other Non-Operating Income (Expenses)	-11.19	-0.17	-0.09	-0.06	0	-0.02
EBT Excluding Unusual Items	158.01	129.63	153	187.71	159.04	137.76
Gain (Loss) on Sale of Investments	-0.95	-0.78	-0.38	0.96	0.56	-0.2
Gain (Loss) on Sale of Assets	1.74	42.9	0.01	-0	1.07	-
Asset Writedown	0.11	-	-0.03	-17.19	0.22	-0
Other Unusual Items	0.52	3.2	21.1	8.7	4.72	8.09
Pretax Income	159.43	174.95	173.7	180.18	165.61	145.65
Income Tax Expense	41.43	38.39	38.4	43.29	41.05	36.43
Earnings From Continuing Ops.	118	136.56	135.3	136.88	124.56	109.21
Minority Interest in Earnings	3.55	0.04	0.51	0.17	-	-
Net Income	121.55	136.59	135.81	137.05	124.56	109.21
Net Income to Common	121.55	136.59	135.81	137.05	124.56	109.21
Net Income Growth	-17.91%	0.58%	-0.90%	10.03%	14.05%	14.86%
Shares Outstanding (Basic)	282	279	277	280	233	209
Shares Outstanding (Diluted)	282	279	277	280	233	209
Shares Change (YoY)	3.09%	0.58%	-0.90%	20.29%	11.01%	-0.26%
EPS (Basic)	0.43	0.49	0.49	0.49	0.54	0.52
EPS (Diluted)	0.43	0.49	0.49	0.49	0.54	0.52
EPS Growth	-20.37%	-	-	-8.53%	2.74%	15.87%
Free Cash Flow	95.31	-22.07	-105.8	-90.5	101.84	60.85
Free Cash Flow Per Share	0.34	-0.08	-0.38	-0.32	0.44	0.29
Dividend Per Share	0.150	0.250	0.250	0.429	0.357	-
Dividend Growth	-57.14%	-	-41.67%	20.02%	-	-
Profit Margin	13.35%	16.78%	17.22%	15.45%	16.16%	20.73%
Free Cash Flow Margin	10.47%	-2.71%	-13.41%	-10.20%	13.21%	11.55%
EBITDA	234.87	193.37	204.51	240.54	218.15	198.95
EBITDA Margin	25.79%	23.75%	25.92%	27.12%	28.31%	37.77%
D&A For EBITDA	64.49	58.84	51.3	53.89	55.23	51.19
EBIT	170.37	134.54	153.21	186.65	162.92	147.77
EBIT Margin	18.71%	16.53%	19.42%	21.04%	21.14%	28.05%
Effective Tax Rate	25.99%	21.95%	22.11%	24.03%	24.79%	25.01%
Revenue as Reported	222.67	814.17	788.84	887.09	770.62	526.8

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.