Hygon Information Technology Co., Ltd. (SHA:688041)

SHA:688041 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	9,162	6,012	5,125	2,310	1,022
Other Revenue	-	-	-	0.09	0.09
Revenue	9,162	6,012	5,125	2,310	1,022
Revenue Growth (YoY)	52.40%	17.30%	121.83%	126.07%	169.53%
Cost of Revenue	3,420	2,452	2,469	1,042	512.06
Gross Profit	5,743	3,560	2,656	1,269	509.91
Selling, General & Admin	317.36	245.33	215.56	142.3	91.15
Research & Development	2,910	1,992	1,414	744.67	546.1
Other Operating Expenses	41.52	63.92	39.07	23.91	14.51
Operating Expenses	3,277	2,307	1,675	911.94	653.36
Operating Income	2,466	1,253	980.56	356.9	-143.45
Interest Expense	-43.83	-36.24	-29.49	-24.59	-41.29
Interest & Investment Income	235.53	305.14	120.07	39.34	20.6
Currency Exchange Gain (Loss)	-	-	0.22	9.6	31.64
Other Non Operating Income (Expenses)	-5.3	-1.43	-3.44	-1.84	-1.3
EBT Excluding Unusual Items	2,652	1,521	1,068	379.42	-133.79
Gain (Loss) on Sale of Investments	-	3.45	1.14	8.97	11.41
Gain (Loss) on Sale of Assets	-	-	-	0.04	-
Asset Writedown	0	-	-0.08	-	-
Other Unusual Items	132.3	156.18	67.53	48.28	40.1
Pretax Income	2,784	1,680	1,137	436.71	-82.29
Income Tax Expense	67.47	-21.01	11.52	-0.9	0.69
Earnings From Continuing Operations	2,717	1,701	1,125	437.61	-82.98
Minority Interest in Earnings	-785.97	-438.01	-321.29	-110.5	43.83
Net Income	1,931	1,263	803.7	327.11	-39.14
Net Income to Common	1,931	1,263	803.7	327.11	-39.14
Net Income Growth	52.87%	57.17%	145.70%	-	-
Shares Outstanding (Basic)	2,326	2,339	2,115	2,044	1,898
Shares Outstanding (Diluted)	2,326	2,339	2,115	2,044	1,898
Shares Change (YoY)	-0.54%	10.60%	3.45%	7.71%	6.41%
EPS (Basic)	0.83	0.54	0.38	0.16	-0.02
EPS (Diluted)	0.83	0.54	0.38	0.16	-0.02
EPS Growth	53.70%	42.11%	137.50%	-	-
Free Cash Flow	31.83	-104.41	-1,425	-154.57	-620.65
Free Cash Flow Per Share	0.01	-0.04	-0.67	-0.08	-0.33
Dividend Per Share	0.170	0.110	0.040	-	-
Dividend Growth	54.41%	175.25%	-	-	-
Gross Margin	62.68%	59.21%	51.82%	54.92%	49.90%
Operating Margin	26.91%	20.84%	19.13%	15.45%	-14.04%
Profit Margin	21.08%	21.01%	15.68%	14.16%	-3.83%
Free Cash Flow Margin	0.35%	-1.74%	-27.80%	-6.69%	-60.73%
EBITDA	3,728	1,984	1,655	756.84	187.46
EBITDA Margin	40.69%	33.00%	32.30%	32.76%	18.34%
D&A For EBITDA	1,262	730.65	674.93	399.94	330.9
EBIT	2,466	1,253	980.56	356.9	-143.45
EBIT Margin	26.91%	20.84%	19.13%	15.45%	-14.04%
Effective Tax Rate	2.42%	-	1.01%	-	-
Revenue as Reported	9,162	6,012	5,125	2,310	1,022

Source: S&P Capital IQ. Standard template. Financial Sources.