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

SHA:688523 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	525.45	507.75	455.65	398.86	305.3	263.97
Other Revenue	0.29	0.29	0.56	2.55	0.61	1.58
Revenue	525.75	508.04	456.2	401.42	305.91	265.55
Revenue Growth (YoY)	10.82%	11.36%	13.65%	31.22%	15.20%	31.38%
Cost of Revenue	295	289.92	228.67	162.82	113.66	83.61
Gross Profit	230.75	218.12	227.53	238.6	192.26	181.95
Selling, General & Admin	46.74	48.12	45.33	46.06	46.03	37.48
Research & Development	67.17	60.45	48.11	45.15	42.14	30.65
Other Operating Expenses	6.84	4.17	7.95	-2.57	5.61	5.1
Operating Expenses	134.67	126.29	117	100.6	102.94	76.3
Operating Income	96.08	91.83	110.53	138	89.32	105.64
Interest Expense	-2.52	-1.94	-0.47	-0.79	-1.85	-3.2
Interest & Investment Income	8.17	8.04	11.71	0.28	0.18	0.28
Other Non Operating Income (Expenses)	-0.19	-0.22	-0.14	-0.23	-0.09	-0.36
EBT Excluding Unusual Items	101.54	97.71	121.63	137.26	87.56	102.36
Gain (Loss) on Sale of Investments	2.52	5.24	0.74	-	-	-
Gain (Loss) on Sale of Assets	0.34	0.34	-0.01	-0.02	-	-
Asset Writedown	-4	-	-	-	-0	-0
Other Unusual Items	24.51	16.55	33.32	-1.59	6.2	0.27
Pretax Income	124.91	119.84	155.69	135.65	93.76	102.63
Income Tax Expense	8.61	8.27	17.45	7.46	8.85	13.31
Earnings From Continuing Operations	116.3	111.57	138.24	128.19	84.91	89.32
Minority Interest in Earnings	-8.84	-10	-3.86	-5.62	-1.58	-2.4
Net Income	107.46	101.57	134.38	122.57	83.32	86.92
Net Income to Common	107.46	101.57	134.38	122.57	83.32	86.92
Net Income Growth	-19.12%	-24.42%	9.63%	47.10%	-4.13%	30.36%
Shares Outstanding (Basic)	405	405	390	366	366	366
Shares Outstanding (Diluted)	405	405	390	366	366	366
Shares Change (YoY)	1.30%	3.88%	6.51%	0.01%	-0.01%	0.01%
EPS (Basic)	0.27	0.25	0.34	0.33	0.23	0.24
EPS (Diluted)	0.27	0.25	0.34	0.33	0.23	0.24
EPS Growth	-20.16%	-27.24%	2.93%	47.08%	-4.13%	30.35%
Free Cash Flow	-245.63	-229.59	-137.81	-47.15	-41.64	-56.32
Free Cash Flow Per Share	-0.61	-0.57	-0.35	-0.13	-0.11	-0.15
Dividend Per Share	-	-	0.200	-	-	-
Gross Margin	43.89%	42.93%	49.88%	59.44%	62.85%	68.52%
Operating Margin	18.27%	18.07%	24.23%	34.38%	29.20%	39.78%
Profit Margin	20.44%	19.99%	29.46%	30.54%	27.24%	32.73%
Free Cash Flow Margin	-46.72%	-45.19%	-30.21%	-11.75%	-13.61%	-21.21%
EBITDA	134.38	128.24	139.37	159.07	107.49	123.17
EBITDA Margin	25.56%	25.24%	30.55%	39.63%	35.14%	46.38%
D&A For EBITDA	38.31	36.41	28.84	21.07	18.17	17.53
EBIT	96.08	91.83	110.53	138	89.32	105.64
EBIT Margin	18.27%	18.07%	24.23%	34.38%	29.20%	39.78%
Effective Tax Rate	6.89%	6.90%	11.21%	5.50%	9.44%	12.96%
Revenue as Reported	525.75	508.04	456.2	401.42	305.91	265.55

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.