Hunan Aerospace Huanyu Communication Technology Co.,LTD. (SHA:688523)

SHA:688523 Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Revenue	449.75	507.75	455.65	398.86	305.3
Other Revenue	-	0.29	0.56	2.55	0.61
Revenue	449.75	508.04	456.2	401.42	305.91
Revenue Growth (YoY)	-11.47%	11.36%	13.65%	31.22%	15.20%
Cost of Revenue	-	289.92	228.67	162.82	113.66
Gross Profit	449.75	218.12	227.53	238.6	192.26
Selling, General & Admin	-	48.12	45.33	46.06	46.03
Research & Development	-	60.45	48.11	45.15	42.14
Other Operating Expenses	408.92	4.17	7.95	-2.57	5.61
Operating Expenses	408.92	126.29	117	100.6	102.94
Operating Income	40.83	91.83	110.53	138	89.32
Interest Expense	-	-1.94	-0.47	-0.79	-1.85
Interest & Investment Income	-	8.04	11.71	0.28	0.18
Other Non Operating Income (Expenses)	-2.14	-0.22	-0.14	-0.23	-0.09
EBT Excluding Unusual Items	38.69	97.71	121.63	137.26	87.56
Gain (Loss) on Sale of Investments	-	5.24	0.74	-	-
Gain (Loss) on Sale of Assets	-	0.34	-0.01	-0.02	-
Asset Writedown	-	-	-	-	-0
Other Unusual Items	-	16.55	33.32	-1.59	6.2
Pretax Income	38.69	119.84	155.69	135.65	93.76
Income Tax Expense	-4.24	8.27	17.45	7.46	8.85
Earnings From Continuing Operations	42.93	111.57	138.24	128.19	84.91
Minority Interest in Earnings	-	-10	-3.86	-5.62	-1.58
Net Income	42.93	101.57	134.38	122.57	83.32
Net Income to Common	42.93	101.57	134.38	122.57	83.32
Net Income Growth	-57.73%	-24.42%	9.63%	47.10%	-4.13%
Shares Outstanding (Basic)	404	405	390	366	366
Shares Outstanding (Diluted)	404	405	390	366	366
Shares Change (YoY)	-0.28%	3.88%	6.51%	0.01%	-0.01%
EPS (Basic)	0.11	0.25	0.34	0.33	0.23
EPS (Diluted)	0.11	0.25	0.34	0.33	0.23
EPS Growth	-57.62%	-27.24%	2.93%	47.08%	-4.13%
Free Cash Flow	-	-229.59	-137.81	-47.15	-41.64
Free Cash Flow Per Share	-	-0.57	-0.35	-0.13	-0.11
Dividend Per Share	-	-	0.200	-	-
Gross Margin	100.00%	42.93%	49.88%	59.44%	62.85%
Operating Margin	9.08%	18.07%	24.23%	34.38%	29.20%
Profit Margin	9.54%	19.99%	29.46%	30.54%	27.24%
Free Cash Flow Margin	-	-45.19%	-30.21%	-11.75%	-13.61%
EBITDA	77.24	128.24	139.37	159.07	107.49
EBITDA Margin	17.18%	25.24%	30.55%	39.63%	35.14%
D&A For EBITDA	36.41	36.41	28.84	21.07	18.17
EBIT	40.83	91.83	110.53	138	89.32
EBIT Margin	9.08%	18.07%	24.23%	34.38%	29.20%
Effective Tax Rate	-	6.90%	11.21%	5.50%	9.44%
Revenue as Reported	-	508.04	456.2	401.42	305.91

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.