Jiangsu HHCK Advanced Materials Co., Ltd. (SHA:688535)

SHA:688535 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	342.54	331.07	279.9	302.07	346.48	247.54
Other Revenue	0.57	0.57	3	1.16	0.72	0.12
Revenue	343.11	331.63	282.9	303.22	347.2	247.65
Revenue Growth (YoY)	14.01%	17.23%	-6.70%	-12.67%	40.20%	43.84%
Cost of Revenue	259.2	247.7	207.28	221.64	246.58	171.68
Gross Profit	83.9	83.93	75.63	81.59	100.62	75.97
Selling, General & Admin	45.7	41.67	34.13	24.52	27.35	22.99
Research & Development	29.15	26.41	24.64	18.29	18.84	15.55
Other Operating Expenses	0.91	1.85	1.2	1.95	1.79	1.68
Operating Expenses	77.13	70.8	61.37	45.67	49.26	42.01
Operating Income	6.77	13.13	14.25	35.92	51.36	33.96
Interest Expense	-2.97	-1.96	-0.73	-0.04	-4.04	-4.27
Interest & Investment Income	20.1	20.32	14.65	1.85	0.02	0.08
Currency Exchange Gain (Loss)	0	0	-0.1	-1.29	0.55	0.51
Other Non Operating Income (Expenses)	5.75	5.89	0.62	-0.05	-0.34	-0.72
EBT Excluding Unusual Items	29.66	37.38	28.7	36.39	47.55	29.57
Gain (Loss) on Sale of Investments	-	-	-	-	-0.2	-0.04
Gain (Loss) on Sale of Assets	0.11	0.11	-	-	-	-
Asset Writedown	-0.08	-0.14	-0.01	-	-0.15	-
Other Unusual Items	6.46	6.46	5.1	5.7	6.54	2.68
Pretax Income	36.15	43.81	33.79	42.08	53.74	32.21
Income Tax Expense	1.84	3.87	2.15	0.86	6.02	4.64
Earnings From Continuing Operations	34.3	39.94	31.64	41.23	47.73	27.58
Minority Interest in Earnings	0.2	0.13	-	-	-0.13	-0.47
Net Income	34.5	40.06	31.64	41.23	47.6	27.11
Net Income to Common	34.5	40.06	31.64	41.23	47.6	27.11
Net Income Growth	-14.29%	26.63%	-23.26%	-13.39%	75.62%	563.22%
Shares Outstanding (Basic)	80	80	75	61	49	43
Shares Outstanding (Diluted)	80	80	75	61	49	43
Shares Change (YoY)	-0.31%	6.37%	24.25%	23.17%	14.47%	-
EPS (Basic)	0.43	0.50	0.42	0.68	0.97	0.63
EPS (Diluted)	0.43	0.50	0.42	0.68	0.97	0.63
EPS Growth	-14.03%	19.05%	-38.23%	-29.68%	53.50%	562.85%
Free Cash Flow	-55.27	-63.22	-39.86	2.22	-7.53	-11.69
Free Cash Flow Per Share	-0.69	-0.79	-0.53	0.04	-0.15	-0.27
Dividend Per Share	0.300	0.300	0.300	0.200	0.100	0.100
Dividend Growth	-	-	50.00%	100.00%	-	-
Gross Margin	24.45%	25.31%	26.73%	26.91%	28.98%	30.68%
Operating Margin	1.97%	3.96%	5.04%	11.85%	14.79%	13.71%
Profit Margin	10.05%	12.08%	11.18%	13.60%	13.71%	10.95%
Free Cash Flow Margin	-16.11%	-19.06%	-14.09%	0.73%	-2.17%	-4.72%
EBITDA	25.57	30.49	25.88	46.49	60.9	40.43
EBITDA Margin	7.45%	9.19%	9.15%	15.33%	17.54%	16.33%
D&A For EBITDA	18.79	17.36	11.63	10.57	9.53	6.47
EBIT	6.77	13.13	14.25	35.92	51.36	33.96
EBIT Margin	1.97%	3.96%	5.04%	11.85%	14.79%	13.71%
Effective Tax Rate	5.10%	8.84%	6.36%	2.04%	11.19%	14.40%
Revenue as Reported	343.11	331.63	282.9	303.22	-	-

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