Xi'an High Voltage Apparatus Research Institute Co., Ltd. (SHA:688334)
China · Delayed Price · Currency is CNY 21.46
+0.08 (0.37%)
At close: May 8, 2026
SHA:688334 Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 854.42 | 842.76 | 773.27 | 730.95 | 504.04 | 414.55 |
Other Revenue | 25.21 | 25.21 | 25.09 | 24.13 | 17.08 | 32.6 |
| 879.63 | 867.97 | 798.36 | 755.09 | 521.12 | 447.15 | |
Revenue Growth (YoY) | 7.18% | 8.72% | 5.73% | 44.90% | 16.54% | 29.71% |
Cost of Revenue | 403.12 | 395.38 | 378.74 | 396.98 | 271.34 | 272.05 |
Gross Profit | 476.5 | 472.59 | 419.62 | 358.11 | 249.78 | 175.1 |
Selling, General & Admin | 105.55 | 108.04 | 113 | 106.81 | 89.49 | 68.14 |
Research & Development | 90.76 | 90.87 | 84.8 | 70.09 | 49.79 | 34.64 |
Other Operating Expenses | 15.62 | 15.15 | 14.06 | 9.27 | 10.42 | 6.76 |
Operating Expenses | 209.45 | 211.59 | 210.61 | 189.18 | 149.59 | 109.86 |
Operating Income | 267.05 | 260.99 | 209.01 | 168.93 | 100.19 | 65.24 |
Interest Expense | -1.09 | -1.09 | -0.52 | -0.25 | -0.87 | -0.35 |
Interest & Investment Income | 34.92 | 36.9 | 46.15 | 41.55 | 22.8 | 3.5 |
Currency Exchange Gain (Loss) | - | - | - | -0 | 0 | -0 |
Other Non Operating Income (Expenses) | 0.73 | -0.66 | -0.34 | -1.3 | -0.55 | 7.67 |
EBT Excluding Unusual Items | 301.61 | 296.15 | 254.3 | 208.92 | 121.57 | 76.06 |
Impairment of Goodwill | - | - | - | -0.69 | -1.14 | -0.2 |
Gain (Loss) on Sale of Investments | 5.92 | 6.49 | 7.98 | 0.4 | - | -4.02 |
Gain (Loss) on Sale of Assets | -0.29 | -0.29 | -0.05 | -0.07 | 0.08 | -0.19 |
Asset Writedown | - | - | -0.41 | - | - | -1.33 |
Other Unusual Items | 16.83 | 16.83 | 18.8 | 28.31 | 20.32 | 24.5 |
Pretax Income | 324.08 | 319.19 | 281.75 | 236.87 | 140.83 | 94.82 |
Income Tax Expense | 42.54 | 42.39 | 26.87 | 25.47 | 10.48 | 13.26 |
Earnings From Continuing Operations | 281.54 | 276.8 | 254.88 | 211.4 | 130.36 | 81.56 |
Minority Interest in Earnings | -29.39 | -28.07 | -26.2 | -22.07 | - | - |
Net Income | 252.15 | 248.72 | 228.67 | 189.34 | 130.36 | 81.56 |
Net Income to Common | 252.15 | 248.72 | 228.67 | 189.34 | 130.36 | 81.56 |
Net Income Growth | 7.08% | 8.77% | 20.78% | 45.25% | 59.83% | 25.24% |
Shares Outstanding (Basic) | 317 | 317 | 317 | 277 | 237 | 157 |
Shares Outstanding (Diluted) | 317 | 317 | 317 | 277 | 237 | 157 |
Shares Change (YoY) | -0.02% | -0.01% | 14.29% | 16.66% | 51.39% | - |
EPS (Basic) | 0.80 | 0.79 | 0.72 | 0.68 | 0.55 | 0.52 |
EPS (Diluted) | 0.80 | 0.79 | 0.72 | 0.68 | 0.55 | 0.52 |
EPS Growth | 7.10% | 8.78% | 5.68% | 24.50% | 5.58% | - |
Free Cash Flow | 318.23 | 348.49 | 339.24 | 228.67 | 117.56 | 94.94 |
Free Cash Flow Per Share | 1.00 | 1.10 | 1.07 | 0.82 | 0.49 | 0.60 |
Dividend Per Share | 0.436 | 0.436 | 0.398 | 0.257 | - | - |
Dividend Growth | 9.55% | 9.55% | 54.86% | - | - | - |
Gross Margin | 54.17% | 54.45% | 52.56% | 47.43% | 47.93% | 39.16% |
Operating Margin | 30.36% | 30.07% | 26.18% | 22.37% | 19.23% | 14.59% |
Profit Margin | 28.67% | 28.66% | 28.64% | 25.07% | 25.01% | 18.24% |
Free Cash Flow Margin | 36.18% | 40.15% | 42.49% | 30.28% | 22.56% | 21.23% |
EBITDA | 392.49 | 387.78 | 341.16 | 294.27 | 217.03 | 172.56 |
EBITDA Margin | 44.62% | 44.68% | 42.73% | 38.97% | 41.65% | 38.59% |
D&A For EBITDA | 125.44 | 126.78 | 132.16 | 125.34 | 116.84 | 107.32 |
EBIT | 267.05 | 260.99 | 209.01 | 168.93 | 100.19 | 65.24 |
EBIT Margin | 30.36% | 30.07% | 26.18% | 22.37% | 19.23% | 14.59% |
Effective Tax Rate | 13.13% | 13.28% | 9.54% | 10.75% | 7.44% | 13.99% |
Revenue as Reported | 867.97 | 867.97 | 798.36 | 755.09 | 521.12 | 447.15 |
Advertising Expenses | - | 0.14 | 0.24 | 0.22 | 0.28 | 0.28 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.