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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	875.18	807.34	783.22	880.75	764.34	523.81
Other Revenue	7.07	6.83	5.62	6.33	6.28	2.99
Revenue	882.25	814.17	788.84	887.09	770.62	526.8
Revenue Growth (YoY)	9.62%	3.21%	-11.08%	15.11%	46.28%	11.13%
Selling, General & Admin	29.29	25.4	26.8	20.32	23.27	17.75
Provision for Bad Debts	26.21	12.28	15.38	10.31	10.3	0.95
Other Operating Expenses	660.7	624.59	582.58	659.15	572.9	360.34
Total Operating Expenses	740.24	679.63	635.63	700.43	607.7	379.04
Operating Income	142.02	134.54	153.21	186.65	162.92	147.77
Interest Expense	-10.23	-6.98	-4.59	-3.24	-5.5	-10.24
Interest Income	1.23	2.25	4.48	4.36	1.62	0.26
Net Interest Expense	-9	-4.73	-0.12	1.12	-3.88	-9.99
Other Non-Operating Income (Expenses)	-1.01	-0.17	-0.09	-0.06	0	-0.02
EBT Excluding Unusual Items	132.01	129.63	153	187.71	159.04	137.76
Gain (Loss) on Sale of Investments	-1	-0.78	-0.38	0.96	0.56	-0.2
Gain (Loss) on Sale of Assets	40.12	42.9	0.01	-0	1.07	-
Asset Writedown	-0.08	-	-0.03	-17.19	0.22	-0
Other Unusual Items	23.62	3.2	21.1	8.7	4.72	8.09
Pretax Income	194.67	174.95	173.7	180.18	165.61	145.65
Income Tax Expense	40.75	38.39	38.4	43.29	41.05	36.43
Earnings From Continuing Ops.	153.92	136.56	135.3	136.88	124.56	109.21
Minority Interest in Earnings	-0.37	0.04	0.51	0.17	-	-
Net Income	153.55	136.59	135.81	137.05	124.56	109.21
Net Income to Common	153.55	136.59	135.81	137.05	124.56	109.21
Net Income Growth	17.44%	0.58%	-0.90%	10.03%	14.05%	14.86%
Shares Outstanding (Basic)	280	279	277	280	233	209
Shares Outstanding (Diluted)	280	279	277	280	233	209
Shares Change (YoY)	3.18%	0.58%	-0.90%	20.29%	11.01%	-0.26%
EPS (Basic)	0.55	0.49	0.49	0.49	0.54	0.52
EPS (Diluted)	0.55	0.49	0.49	0.49	0.54	0.52
EPS Growth	13.82%	-	-	-8.53%	2.74%	15.87%
Free Cash Flow	89.54	-22.07	-105.8	-90.5	101.84	60.85
Free Cash Flow Per Share	0.32	-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	17.40%	16.78%	17.22%	15.45%	16.16%	20.73%
Free Cash Flow Margin	10.15%	-2.71%	-13.41%	-10.20%	13.21%	11.55%
EBITDA	222.41	193.37	204.51	240.54	218.15	198.95
EBITDA Margin	25.21%	23.75%	25.92%	27.12%	28.31%	37.77%
D&A For EBITDA	80.39	58.84	51.3	53.89	55.23	51.19
EBIT	142.02	134.54	153.21	186.65	162.92	147.77
EBIT Margin	16.10%	16.53%	19.42%	21.04%	21.14%	28.05%
Effective Tax Rate	20.93%	21.95%	22.11%	24.03%	24.79%	25.01%
Revenue as Reported	882.25	814.17	788.84	887.09	770.62	526.8

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