Hoymiles Power Electronics Inc. (SHA:688032)
115.57
+0.57 (0.50%)
May 7, 2026, 3:00 PM CST
SHA:688032 Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 2,585 | 1,932 | 1,979 | 2,014 | 1,519 | 780.51 |
Other Revenue | - | - | 14.02 | 12.12 | 17.41 | 14.68 |
| 2,585 | 1,932 | 1,993 | 2,026 | 1,537 | 795.19 | |
Revenue Growth (YoY) | 29.39% | -3.06% | -1.63% | 31.86% | 93.23% | 60.64% |
Cost of Revenue | 2,069 | 1,445 | 1,179 | 1,165 | 846.11 | 455.82 |
Gross Profit | 516.33 | 486.69 | 813.67 | 861.28 | 690.4 | 339.36 |
Selling, General & Admin | 478.96 | 456.5 | 387.59 | 273.62 | 169.25 | 85.05 |
Research & Development | 373.2 | 348.87 | 266.11 | 247.75 | 97.4 | 45.78 |
Other Operating Expenses | -18 | -15.98 | -47.62 | -49.89 | -41.74 | -21.86 |
Operating Expenses | 834.16 | 789.38 | 637.03 | 482.71 | 234.17 | 114.23 |
Operating Income | -317.83 | -302.7 | 176.64 | 378.57 | 456.23 | 225.13 |
Interest Expense | - | - | -7.88 | -2.23 | -0.86 | -2.06 |
Interest & Investment Income | 18.79 | 18.55 | 142.22 | 154.99 | 152.95 | 5.49 |
Currency Exchange Gain (Loss) | - | - | -5.56 | 30.45 | -0.59 | -7.94 |
Other Non Operating Income (Expenses) | -2.42 | 56.01 | -0.19 | 1.06 | -4.53 | -2.13 |
EBT Excluding Unusual Items | -301.47 | -228.14 | 305.23 | 562.83 | 603.21 | 218.49 |
Gain (Loss) on Sale of Investments | 4.23 | -0.08 | 1.48 | - | - | - |
Gain (Loss) on Sale of Assets | 0.03 | 0.06 | 0.16 | -0.07 | 0.01 | -0.04 |
Asset Writedown | -6.9 | -5.72 | -0.05 | -0.01 | - | -0.02 |
Other Unusual Items | - | - | 46.54 | 30.23 | 9.5 | 6.12 |
Pretax Income | -304.11 | -233.87 | 353.36 | 592.98 | 612.72 | 224.56 |
Income Tax Expense | -90.78 | -72.03 | 9.92 | 79.57 | 80.47 | 22.82 |
Earnings From Continuing Operations | -213.33 | -161.84 | 343.44 | 513.41 | 532.25 | 201.74 |
Minority Interest in Earnings | 0.37 | 0.72 | 0.77 | -1.56 | 0.3 | - |
Net Income | -212.96 | -161.12 | 344.22 | 511.85 | 532.55 | 201.74 |
Net Income to Common | -212.96 | -161.12 | 344.22 | 511.85 | 532.55 | 201.74 |
Net Income Growth | - | - | -32.75% | -3.89% | 163.98% | 93.78% |
Shares Outstanding (Basic) | 121 | 123 | 123 | 124 | 124 | 93 |
Shares Outstanding (Diluted) | 121 | 123 | 123 | 124 | 124 | 93 |
Shares Change (YoY) | -2.79% | -0.31% | -0.45% | -0.19% | 33.09% | 0.06% |
EPS (Basic) | -1.76 | -1.31 | 2.79 | 4.14 | 4.29 | 2.16 |
EPS (Diluted) | -1.76 | -1.31 | 2.79 | 4.13 | 4.29 | 2.16 |
EPS Growth | - | - | -32.45% | -3.70% | 98.35% | 93.67% |
Free Cash Flow | 54.17 | -794.47 | -684.04 | -277.21 | -49.02 | 106.58 |
Free Cash Flow Per Share | 0.45 | -6.46 | -5.54 | -2.24 | -0.40 | 1.14 |
Dividend Per Share | - | - | 3.200 | 4.027 | 2.387 | 0.965 |
Dividend Growth | - | - | -20.53% | 68.68% | 147.33% | - |
Gross Margin | 19.98% | 25.19% | 40.83% | 42.51% | 44.93% | 42.68% |
Operating Margin | -12.30% | -15.67% | 8.86% | 18.69% | 29.69% | 28.31% |
Profit Margin | -8.24% | -8.34% | 17.27% | 25.26% | 34.66% | 25.37% |
Free Cash Flow Margin | 2.10% | -41.12% | -34.32% | -13.68% | -3.19% | 13.40% |
EBITDA | -218.02 | -213.29 | 224.45 | 403.26 | 468.09 | 232.97 |
EBITDA Margin | -8.43% | -11.04% | 11.26% | 19.90% | 30.46% | 29.30% |
D&A For EBITDA | 99.81 | 89.41 | 47.81 | 24.69 | 11.86 | 7.83 |
EBIT | -317.83 | -302.7 | 176.64 | 378.57 | 456.23 | 225.13 |
EBIT Margin | -12.30% | -15.67% | 8.86% | 18.69% | 29.69% | 28.31% |
Effective Tax Rate | - | - | 2.81% | 13.42% | 13.13% | 10.16% |
Revenue as Reported | - | - | 1,993 | 2,026 | 1,537 | 795.19 |
Advertising Expenses | - | - | 64.4 | 45.91 | 20.72 | 9.88 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.