Shaanxi Huaqin Technology Industry Co.,Ltd. (SHA: 688281)

Shaanxi Huaqin Technology Industry 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	1,020	916.66	672.16	505.91	401.16	107.4
Other Revenue	0.86	0.8	0.24	5.94	12.71	9.37
Revenue	1,021	917.46	672.4	511.85	413.86	116.77
Revenue Growth (YoY)	30.21%	36.45%	31.37%	23.68%	254.44%	145.51%
Cost of Revenue	440.48	388.57	262.82	211.88	149.3	43.44
Gross Profit	580.23	528.89	409.58	299.97	264.56	73.33
Selling, General & Admin	261.12	247.09	37.45	30.36	40.17	181.14
Research & Development	73.01	72.92	61.96	52.14	42.71	17.64
Other Operating Expenses	6.82	5.82	1.06	-12.81	-3.76	-1.82
Operating Expenses	352.79	349.09	111.94	75	87.71	197.01
Operating Income	227.44	179.8	297.64	224.97	176.85	-123.68
Interest Expense	-10.61	-2.45	-0.71	-2.37	-2.25	-4.17
Interest & Investment Income	71.43	68.15	62.1	0.82	0.21	0.32
Other Non Operating Income (Expenses)	-5.37	-0.17	0.02	-0.06	-0.03	-0.04
EBT Excluding Unusual Items	282.89	245.33	359.06	223.36	174.78	-127.56
Gain (Loss) on Sale of Investments	-10.07	5.28	4.32	-	-	-
Gain (Loss) on Sale of Assets	1.05	1.12	-0.01	-0.04	-	-
Other Unusual Items	22.76	18.6	14.57	42.76	2.12	1.24
Pretax Income	296.63	270.32	377.94	266.07	176.9	-126.32
Income Tax Expense	13.98	10.91	44.56	32.9	22.08	-20.74
Earnings From Continuing Operations	282.65	259.41	333.38	233.17	154.82	-105.59
Minority Interest in Earnings	84.37	75.6	0.03	-	-	-
Net Income	367.02	335.01	333.42	233.17	154.82	-105.59
Net Income to Common	367.02	335.01	333.42	233.17	154.82	-105.59
Net Income Growth	-6.61%	0.48%	42.99%	50.61%	-	-
Shares Outstanding (Basic)	194	195	155	146	146	146
Shares Outstanding (Diluted)	194	195	155	146	146	146
Shares Change (YoY)	7.18%	25.91%	5.82%	0.14%	-0.20%	-2.34%
EPS (Basic)	1.89	1.72	2.16	1.60	1.06	-0.72
EPS (Diluted)	1.89	1.72	2.16	1.60	1.06	-0.72
EPS Growth	-12.87%	-20.20%	35.12%	50.39%	-	-
Free Cash Flow	-586.41	-387.11	-152.26	94.43	-58.5	-75.36
Free Cash Flow Per Share	-3.02	-1.99	-0.99	0.65	-0.40	-0.52
Dividend Per Share	0.243	0.243	0.173	0.120	-	-
Dividend Growth	40.73%	40.73%	43.95%	-	-	-
Gross Margin	56.85%	57.65%	60.91%	58.60%	63.92%	62.80%
Operating Margin	22.28%	19.60%	44.27%	43.95%	42.73%	-105.92%
Profit Margin	35.96%	36.52%	49.59%	45.55%	37.41%	-90.42%
Free Cash Flow Margin	-57.45%	-42.19%	-22.64%	18.45%	-14.13%	-64.54%
EBITDA	256.42	198.95	307.64	233.04	182.07	-119.4
EBITDA Margin	25.12%	21.68%	45.75%	45.53%	43.99%	-102.25%
D&A For EBITDA	28.99	19.15	10	8.07	5.22	4.28
EBIT	227.44	179.8	297.64	224.97	176.85	-123.68
EBIT Margin	22.28%	19.60%	44.27%	43.95%	42.73%	-105.92%
Effective Tax Rate	4.71%	4.04%	11.79%	12.37%	12.48%	-
Revenue as Reported	1,021	917.46	672.4	511.85	413.86	116.77
Advertising Expenses	-	0.3	1.73	0.74	0.5	0.32

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