Changhong Huayi Compressor Co., Ltd. (SHE:000404)

SHE:000404 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	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	12,012	11,866	12,817	13,022	13,111	10,397
Other Revenue	100.18	100.18	71.76	73.67	87.93	55.7
Revenue	12,112	11,967	12,889	13,095	13,199	10,453
Revenue Growth (YoY)	1.00%	-7.16%	-1.58%	-0.78%	26.27%	9.01%
Cost of Revenue	10,650	10,532	11,355	11,713	12,166	9,329
Gross Profit	1,462	1,434	1,534	1,383	1,033	1,124
Selling, General & Admin	449.71	443.27	501.2	494.51	441	512.87
Research & Development	371.48	357.65	476.96	466.5	434.04	378.99
Other Operating Expenses	39.03	33.9	46.78	35.89	29.97	-0.93
Operating Expenses	838.21	816.89	1,045	1,050	903.61	887.35
Operating Income	623.86	617.16	488.88	332.8	129.3	236.79
Interest Expense	-69.7	-71.39	-55.94	-41.45	-36.89	-52.6
Interest & Investment Income	209.56	222.16	139.83	154.72	225.98	147.53
Currency Exchange Gain (Loss)	-13.56	-13.56	16.17	36.88	9.64	-26.1
Other Non Operating Income (Expenses)	-10.16	-12.88	-5.36	-0.41	-10.12	-4.68
EBT Excluding Unusual Items	740	741.5	583.58	482.54	317.9	300.94
Impairment of Goodwill	-	-	-9.62	-	-34.97	-68.57
Gain (Loss) on Sale of Investments	-18.74	-24.89	16.1	-26.71	20.85	9.77
Gain (Loss) on Sale of Assets	-1.14	-3.19	-6.44	-3.93	3.48	7.8
Asset Writedown	-15.18	-20.75	-41.65	-24.88	-33.93	-27.41
Other Unusual Items	38.19	31.85	37.86	33.74	59.53	-8.11
Pretax Income	743.13	724.52	579.83	460.76	332.86	214.41
Income Tax Expense	86.09	89.51	48.51	43.27	43.17	32.71
Earnings From Continuing Operations	657.03	635.01	531.31	417.49	289.69	181.7
Minority Interest in Earnings	-186.38	-184.8	-169.16	-154.74	-104.26	-65.66
Net Income	470.65	450.21	362.16	262.75	185.43	116.04
Net Income to Common	470.65	450.21	362.16	262.75	185.43	116.04
Net Income Growth	24.14%	24.31%	37.83%	41.70%	59.81%	278.87%
Shares Outstanding (Basic)	696	696	696	696	696	696
Shares Outstanding (Diluted)	696	696	696	696	696	696
Shares Change (YoY)	-0.02%	-0.01%	0.00%	-0.01%	-	0.00%
EPS (Basic)	0.68	0.65	0.52	0.38	0.27	0.17
EPS (Diluted)	0.68	0.65	0.52	0.38	0.27	0.17
EPS Growth	24.16%	24.33%	37.83%	41.70%	59.81%	278.86%
Free Cash Flow	696.59	449.1	526.79	636.01	1,308	443.51
Free Cash Flow Per Share	1.00	0.65	0.76	0.91	1.88	0.64
Dividend Per Share	0.300	0.300	0.250	0.200	0.150	0.100
Dividend Growth	20.00%	20.00%	25.00%	33.33%	50.00%	400.00%
Gross Margin	12.07%	11.98%	11.90%	10.56%	7.83%	10.75%
Operating Margin	5.15%	5.16%	3.79%	2.54%	0.98%	2.27%
Profit Margin	3.89%	3.76%	2.81%	2.01%	1.41%	1.11%
Free Cash Flow Margin	5.75%	3.75%	4.09%	4.86%	9.91%	4.24%
EBITDA	785.78	786.97	690.26	534.76	328.42	450.4
EBITDA Margin	6.49%	6.58%	5.36%	4.08%	2.49%	4.31%
D&A For EBITDA	161.92	169.82	201.38	201.97	199.12	213.61
EBIT	623.86	617.16	488.88	332.8	129.3	236.79
EBIT Margin	5.15%	5.16%	3.79%	2.54%	0.98%	2.27%
Effective Tax Rate	11.58%	12.35%	8.37%	9.39%	12.97%	15.26%
Revenue as Reported	12,112	11,967	12,889	13,095	13,199	10,453
Advertising Expenses	-	0.91	1.04	1.9	3.91	8.75

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