Shanghai Haoyuan Chemexpress Co., Ltd. (SHA:688131)

SHA:688131 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,355	2,254	1,868	1,348	969.23	630.86
Other Revenue	16.5	16.5	11.69	9.77	-	4.24
Revenue	2,371	2,270	1,880	1,358	969.23	635.1
Revenue Growth (YoY)	20.59%	20.75%	38.44%	40.12%	52.61%	55.29%
Cost of Revenue	1,323	1,311	1,113	702.2	473.74	305.71
Gross Profit	1,048	959.67	766.71	655.85	495.49	329.39
Selling, General & Admin	466.79	444.9	378.18	279.2	183.67	114.9
Research & Development	227.05	226.93	224.12	201.58	103.45	64.8
Other Operating Expenses	8.56	9.47	4.94	5.11	2.73	2.1
Operating Expenses	722.86	696.26	618.1	497.11	293.71	183.41
Operating Income	325.3	263.41	148.61	158.74	201.78	145.98
Interest Expense	-43.62	-44	-33.9	-16.86	-9.5	-2.63
Interest & Investment Income	9.19	7.48	3.21	25.76	12.65	3.83
Currency Exchange Gain (Loss)	7.59	7.59	3.55	10.47	-6.38	-6.76
Other Non Operating Income (Expenses)	-9.29	-9.09	-7.62	-4.36	-3.69	-3.34
EBT Excluding Unusual Items	289.16	225.39	113.85	173.75	194.86	137.08
Gain (Loss) on Sale of Investments	-11.47	-13.61	-4.77	-	-0.12	-
Gain (Loss) on Sale of Assets	-0.56	-0.57	0.06	-0.19	-0.04	-0.07
Asset Writedown	-7.72	-	-	-	-	-
Other Unusual Items	25.51	27.14	19.05	24.99	14.81	11.6
Pretax Income	294.91	238.36	128.19	198.54	209.52	148.61
Income Tax Expense	52.34	40.43	1.88	6.99	18.95	20.18
Earnings From Continuing Operations	242.57	197.93	126.31	191.56	190.57	128.43
Minority Interest in Earnings	4.64	3.66	1.14	2.09	0.41	-
Net Income	247.22	201.59	127.45	193.64	190.98	128.43
Net Income to Common	247.22	201.59	127.45	193.64	190.98	128.43
Net Income Growth	152.34%	58.17%	-34.18%	1.40%	48.70%	74.91%
Shares Outstanding (Basic)	210	210	209	204	178	153
Shares Outstanding (Diluted)	210	210	209	204	178	153
Shares Change (YoY)	0.25%	0.51%	2.50%	14.35%	16.33%	3.42%
EPS (Basic)	1.18	0.96	0.61	0.95	1.07	0.84
EPS (Diluted)	1.18	0.96	0.61	0.95	1.07	0.84
EPS Growth	151.71%	57.38%	-35.79%	-11.33%	27.82%	69.13%
Free Cash Flow	48.58	77.5	-323.37	-821.59	-229.85	45.63
Free Cash Flow Per Share	0.23	0.37	-1.55	-4.03	-1.29	0.30
Dividend Per Share	0.190	0.190	0.107	0.194	0.193	-
Dividend Growth	77.40%	77.40%	-44.77%	0.41%	-	-
Gross Margin	44.20%	42.27%	40.78%	48.29%	51.12%	51.86%
Operating Margin	13.72%	11.60%	7.90%	11.69%	20.82%	22.99%
Profit Margin	10.42%	8.88%	6.78%	14.26%	19.70%	20.22%
Free Cash Flow Margin	2.05%	3.41%	-17.20%	-60.50%	-23.71%	7.18%
EBITDA	452.66	381.99	232.05	195.23	217.57	153.7
EBITDA Margin	19.09%	16.83%	12.34%	14.38%	22.45%	24.20%
D&A For EBITDA	127.36	118.58	83.43	36.49	15.79	7.72
EBIT	325.3	263.41	148.61	158.74	201.78	145.98
EBIT Margin	13.72%	11.60%	7.90%	11.69%	20.82%	22.99%
Effective Tax Rate	17.75%	16.96%	1.47%	3.52%	9.04%	13.58%
Revenue as Reported	2,371	2,270	1,880	1,358	969.23	635.1
Advertising Expenses	-	61.5	37.99	23.61	16.79	10.21

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