Beijing Huafeng Test & Control Technology Co.,Ltd. (SHA: 688200)

Beijing Huafeng Test & Control Technology Co.,Ltd. Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	790.01	687.54	1,068	876.79	395.94	252.1
Other Revenue	3.32	3.32	2.35	1.48	1.54	2.51
Revenue	793.33	690.86	1,071	878.27	397.48	254.61
Revenue Growth (YoY)	-2.20%	-35.47%	21.89%	120.96%	56.11%	16.43%
Cost of Revenue	187.52	190.17	247.54	174.02	80.82	46.65
Gross Profit	605.8	500.69	823.02	704.25	316.66	207.96
Selling, General & Admin	186.19	168.44	159.3	132.93	91.49	58.88
Research & Development	153.34	131.98	117.81	93.24	58.11	31.83
Other Operating Expenses	-17.71	-14.17	-6.48	-5.15	-4.81	-2.79
Operating Expenses	345.07	285.48	294.94	220.37	147.06	91.83
Operating Income	260.73	215.21	528.08	483.88	169.6	116.13
Interest Expense	-0.31	-0.21	-0.24	-0.14	-	-
Interest & Investment Income	48.18	48.2	36.26	28.92	13.09	2.02
Currency Exchange Gain (Loss)	5.32	5.32	16.01	-2.26	-4.32	0.69
Other Non Operating Income (Expenses)	-10.72	-0.2	-0.12	-0.06	-0.13	-1.09
EBT Excluding Unusual Items	303.2	268.31	580	510.34	178.25	117.75
Gain (Loss) on Sale of Investments	-19.44	-3.71	8.3	-7.44	54.68	-
Gain (Loss) on Sale of Assets	0.03	0.01	-0.01	-0.07	-0	-
Asset Writedown	-0.27	-	-	-	-	-
Other Unusual Items	0.99	0.99	10.33	5.35	5.66	1.3
Pretax Income	284.5	265.59	598.62	508.18	238.59	119.05
Income Tax Expense	16.81	13.94	72.33	69.41	39.39	17.06
Net Income	267.69	251.65	526.29	438.77	199.19	101.99
Net Income to Common	267.69	251.65	526.29	438.77	199.19	101.99
Net Income Growth	-21.69%	-52.18%	19.95%	120.28%	95.31%	12.41%
Shares Outstanding (Basic)	146	135	135	134	128	98
Shares Outstanding (Diluted)	146	135	135	134	128	98
Shares Change (YoY)	7.97%	0.26%	0.58%	4.55%	30.40%	6.96%
EPS (Basic)	1.84	1.86	3.91	3.27	1.55	1.04
EPS (Diluted)	1.84	1.86	3.90	3.27	1.55	1.04
EPS Growth	-27.46%	-52.31%	19.26%	110.69%	49.78%	5.09%
Free Cash Flow	104.61	296.01	365.92	9.34	111.74	31.72
Free Cash Flow Per Share	0.72	2.19	2.71	0.07	0.87	0.32
Dividend Per Share	0.790	0.560	0.946	0.982	0.452	0.274
Dividend Growth	-16.48%	-40.80%	-3.64%	117.17%	65.02%	-
Gross Margin	76.36%	72.47%	76.88%	80.19%	79.67%	81.68%
Operating Margin	32.87%	31.15%	49.33%	55.09%	42.67%	45.61%
Profit Margin	33.74%	36.43%	49.16%	49.96%	50.11%	40.06%
Free Cash Flow Margin	13.19%	42.85%	34.18%	1.06%	28.11%	12.46%
EBITDA	283.01	235.78	546.38	490.1	172.98	118.93
EBITDA Margin	35.67%	34.13%	51.04%	55.80%	43.52%	46.71%
D&A For EBITDA	22.28	20.57	18.3	6.22	3.37	2.8
EBIT	260.73	215.21	528.08	483.88	169.6	116.13
EBIT Margin	32.87%	31.15%	49.33%	55.09%	42.67%	45.61%
Effective Tax Rate	5.91%	5.25%	12.08%	13.66%	16.51%	14.33%
Revenue as Reported	793.33	690.86	1,071	878.27	397.48	254.61
Advertising Expenses	-	-	-	-	0.36	0.36

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