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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	1,052	916.66	672.16	505.91	401.16	107.4
Other Revenue	0.8	0.8	0.24	5.94	12.71	9.37
Revenue	1,053	917.46	672.4	511.85	413.86	116.77
Revenue Growth (YoY)	24.86%	36.45%	31.37%	23.68%	254.44%	145.51%
Cost of Revenue	475.67	388.57	262.82	211.88	149.3	43.44
Gross Profit	577.56	528.89	409.58	299.97	264.56	73.33
Selling, General & Admin	272.59	247.09	37.45	30.36	40.17	181.14
Research & Development	73.19	72.92	61.96	52.14	42.71	17.64
Other Operating Expenses	6.99	5.82	1.06	-12.81	-3.76	-1.82
Operating Expenses	346.37	349.09	111.94	75	87.71	197.01
Operating Income	231.19	179.8	297.64	224.97	176.85	-123.68
Interest Expense	-16.7	-2.45	-0.71	-2.37	-2.25	-4.17
Interest & Investment Income	60.78	68.15	62.1	0.82	0.21	0.32
Other Non Operating Income (Expenses)	-5.47	-0.17	0.02	-0.06	-0.03	-0.04
EBT Excluding Unusual Items	269.81	245.33	359.06	223.36	174.78	-127.56
Gain (Loss) on Sale of Investments	1.23	5.28	4.32	-	-	-
Gain (Loss) on Sale of Assets	1.06	1.12	-0.01	-0.04	-	-
Asset Writedown	1.29	-	-	-	-	-
Other Unusual Items	26.08	18.6	14.57	42.76	2.12	1.24
Pretax Income	299.47	270.32	377.94	266.07	176.9	-126.32
Income Tax Expense	13.07	10.91	44.56	32.9	22.08	-20.74
Earnings From Continuing Operations	286.39	259.41	333.38	233.17	154.82	-105.59
Minority Interest in Earnings	87.59	75.6	0.03	-	-	-
Net Income	373.98	335.01	333.42	233.17	154.82	-105.59
Net Income to Common	373.98	335.01	333.42	233.17	154.82	-105.59
Net Income Growth	-7.46%	0.48%	42.99%	50.61%	-	-
Shares Outstanding (Basic)	195	195	155	146	146	146
Shares Outstanding (Diluted)	195	195	155	146	146	146
Shares Change (YoY)	16.59%	25.91%	5.82%	0.14%	-0.20%	-2.34%
EPS (Basic)	1.92	1.72	2.16	1.60	1.06	-0.72
EPS (Diluted)	1.92	1.72	2.16	1.60	1.06	-0.72
EPS Growth	-20.62%	-20.20%	35.12%	50.39%	-	-
Free Cash Flow	-343.89	-387.11	-152.26	94.43	-58.5	-75.36
Free Cash Flow Per Share	-1.77	-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	54.84%	57.65%	60.91%	58.60%	63.92%	62.80%
Operating Margin	21.95%	19.60%	44.27%	43.95%	42.73%	-105.92%
Profit Margin	35.51%	36.52%	49.59%	45.55%	37.41%	-90.42%
Free Cash Flow Margin	-32.65%	-42.19%	-22.64%	18.45%	-14.13%	-64.54%
EBITDA	257.21	198.95	307.64	233.04	182.07	-119.4
EBITDA Margin	24.42%	21.68%	45.75%	45.53%	43.99%	-102.25%
D&A For EBITDA	26.02	19.15	10	8.07	5.22	4.28
EBIT	231.19	179.8	297.64	224.97	176.85	-123.68
EBIT Margin	21.95%	19.60%	44.27%	43.95%	42.73%	-105.92%
Effective Tax Rate	4.37%	4.04%	11.79%	12.37%	12.48%	-
Revenue as Reported	1,053	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.