Hefei Jianghang Aircraft Equipment Co.,Ltd. (SHA:688586)

SHA:688586 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	923.37	1,078	1,202	1,109	944.67	825.63
Other Revenue	15.15	15.15	12.26	6.37	8.62	5.35
Revenue	938.52	1,093	1,214	1,115	953.29	830.97
Revenue Growth (YoY)	-14.29%	-9.98%	8.89%	16.96%	14.72%	23.20%
Cost of Revenue	679.81	720.15	762.82	660.66	541.91	489.81
Gross Profit	258.71	372.75	451.28	454.27	411.38	341.16
Selling, General & Admin	127.08	140.01	143.62	172.04	154.15	132.62
Research & Development	125.39	127.14	116.36	79.96	51.08	51.08
Other Operating Expenses	0.23	-11.59	6.08	11.03	3.33	3.09
Operating Expenses	278.57	276.72	277.2	258.95	207.29	181.92
Operating Income	-19.86	96.03	174.08	195.32	204.09	159.24
Interest Expense	-0.38	-0.38	-0.32	-0.23	-0.64	-0.87
Interest & Investment Income	25.7	18.05	24.78	36.25	22.56	10.44
Other Non Operating Income (Expenses)	-2.65	-0.32	-0.47	-0.14	-0.45	0.42
EBT Excluding Unusual Items	2.81	113.38	198.07	231.2	225.56	169.22
Gain (Loss) on Sale of Investments	4.92	2.76	2.71	1.15	-	-
Gain (Loss) on Sale of Assets	1.27	1	-0.82	0.14	-0.58	-0.27
Asset Writedown	0.26	-	-0	-0.54	-	-0.38
Other Unusual Items	17.77	19.26	20.69	38.18	33.37	46.6
Pretax Income	27.03	136.4	220.64	270.13	258.35	215.17
Income Tax Expense	-4.14	11.01	27.66	26.15	27.19	21.29
Earnings From Continuing Operations	31.17	125.4	192.98	243.98	231.16	193.88
Net Income	31.17	125.4	192.98	243.98	231.16	193.88
Net Income to Common	31.17	125.4	192.98	243.98	231.16	193.88
Net Income Growth	-78.24%	-35.02%	-20.90%	5.54%	19.23%	71.31%
Shares Outstanding (Basic)	817	784	804	787	795	679
Shares Outstanding (Diluted)	817	784	804	787	795	679
Shares Change (YoY)	-16.92%	-2.53%	2.17%	-0.99%	17.14%	13.21%
EPS (Basic)	0.04	0.16	0.24	0.31	0.29	0.29
EPS (Diluted)	0.04	0.16	0.24	0.31	0.29	0.29
EPS Growth	-73.81%	-33.33%	-22.58%	6.60%	1.79%	51.32%
Free Cash Flow	-177.23	-179.26	-1.46	104.28	278.46	169.24
Free Cash Flow Per Share	-0.22	-0.23	-0.00	0.13	0.35	0.25
Dividend Per Share	0.090	0.090	0.130	0.129	0.092	0.076
Dividend Growth	-30.77%	-30.77%	1.09%	39.93%	20.13%	-
Gross Margin	27.57%	34.11%	37.17%	40.74%	43.15%	41.06%
Operating Margin	-2.12%	8.79%	14.34%	17.52%	21.41%	19.16%
Profit Margin	3.32%	11.47%	15.90%	21.88%	24.25%	23.33%
Free Cash Flow Margin	-18.88%	-16.40%	-0.12%	9.35%	29.21%	20.37%
EBITDA	23.18	145.25	231.54	246.86	257.12	211.59
EBITDA Margin	2.47%	13.29%	19.07%	22.14%	26.97%	25.46%
D&A For EBITDA	43.04	49.22	57.47	51.54	53.03	52.34
EBIT	-19.86	96.03	174.08	195.32	204.09	159.24
EBIT Margin	-2.12%	8.79%	14.34%	17.52%	21.41%	19.16%
Effective Tax Rate	-	8.07%	12.54%	9.68%	10.52%	9.89%
Revenue as Reported	938.52	1,093	1,214	1,115	953.29	830.97
Advertising Expenses	-	0.13	0.05	0.48	0.28	0.68

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