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

SHA:688281 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	1,125	1,131	916.66	672.16	505.91	401.16
Other Revenue	8.11	8.11	0.8	0.24	5.94	12.71
Revenue	1,133	1,139	917.46	672.4	511.85	413.86
Revenue Growth (YoY)	15.82%	24.18%	36.45%	31.36%	23.68%	254.44%
Cost of Revenue	602.78	561.97	388.74	262.82	211.88	149.3
Gross Profit	530.31	577.28	528.71	409.58	299.97	264.56
Selling, General & Admin	98.93	94.45	246.92	37.45	30.36	40.17
Research & Development	108.41	91.23	72.92	61.96	52.14	42.71
Other Operating Expenses	-6.89	4.13	6.46	1.06	-12.81	-3.76
Operating Expenses	220	206.15	349.56	111.94	75	87.71
Operating Income	310.31	371.12	179.15	297.64	224.97	176.85
Interest Expense	-18.8	-15.5	-2.45	-0.71	-2.37	-2.25
Interest & Investment Income	58.74	65.51	68.15	62.1	0.82	0.21
Currency Exchange Gain (Loss)	0.04	0.04	-	-	-	-
Other Non Operating Income (Expenses)	-4.54	-4.69	3.75	0.02	-0.06	-0.03
EBT Excluding Unusual Items	345.75	416.48	248.61	359.06	223.36	174.78
Gain (Loss) on Sale of Investments	1.1	-3.77	5.28	4.32	-	-
Gain (Loss) on Sale of Assets	0.42	0.42	1.15	-0.01	-0.04	-
Asset Writedown	0.39	-0.09	-0.03	-	-	-
Other Unusual Items	28.74	28.74	15.32	14.57	42.76	2.12
Pretax Income	376.41	441.79	270.32	377.94	266.07	176.9
Income Tax Expense	36.81	49.1	10.91	44.56	32.9	22.08
Earnings From Continuing Operations	339.6	392.68	259.41	333.38	233.17	154.82
Minority Interest in Earnings	22.58	21.24	75.6	0.03	-	-
Net Income	362.18	413.92	335.01	333.42	233.17	154.82
Net Income to Common	362.18	413.92	335.01	333.42	233.17	154.82
Net Income Growth	0.33%	23.55%	0.48%	42.99%	50.61%	-
Shares Outstanding (Basic)	195	194	195	155	146	146
Shares Outstanding (Diluted)	195	194	195	155	146	146
Shares Change (YoY)	-0.05%	-0.23%	26.01%	5.83%	0.14%	-0.20%
EPS (Basic)	1.86	2.13	1.72	2.16	1.60	1.06
EPS (Diluted)	1.86	2.13	1.72	2.16	1.60	1.06
EPS Growth	0.37%	23.84%	-20.26%	35.12%	50.39%	-
Free Cash Flow	55.77	-283.63	-387.11	-152.26	94.43	-58.5
Free Cash Flow Per Share	0.29	-1.46	-1.99	-0.98	0.65	-0.40
Dividend Per Share	0.642	0.642	0.243	0.173	0.120	-
Dividend Growth	164.31%	164.31%	40.73%	43.95%	-	-
Gross Margin	46.80%	50.67%	57.63%	60.91%	58.60%	63.92%
Operating Margin	27.39%	32.58%	19.53%	44.27%	43.95%	42.73%
Profit Margin	31.96%	36.33%	36.52%	49.59%	45.55%	37.41%
Free Cash Flow Margin	4.92%	-24.90%	-42.19%	-22.64%	18.45%	-14.13%
EBITDA	354.48	410.41	198.89	307.64	233.04	182.07
EBITDA Margin	31.28%	36.02%	21.68%	45.75%	45.53%	43.99%
D&A For EBITDA	44.17	39.29	19.74	10	8.07	5.22
EBIT	310.31	371.12	179.15	297.64	224.97	176.85
EBIT Margin	27.39%	32.58%	19.53%	44.27%	43.95%	42.73%
Effective Tax Rate	9.78%	11.12%	4.04%	11.79%	12.37%	12.48%
Revenue as Reported	1,133	1,139	917.46	672.4	511.85	413.86
Advertising Expenses	-	3.93	0.3	1.73	0.74	0.5

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