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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	11,528	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	11,629	11,967	12,889	13,095	13,199	10,453
Revenue Growth (YoY)	-1.87%	-7.16%	-1.58%	-0.78%	26.27%	9.01%
Cost of Revenue	10,117	10,532	11,355	11,713	12,166	9,329
Gross Profit	1,512	1,434	1,534	1,383	1,033	1,124
Selling, General & Admin	449.7	443.27	501.2	494.51	441	512.87
Research & Development	363.89	357.65	476.96	466.5	434.04	378.99
Other Operating Expenses	39.19	33.9	46.78	35.89	29.97	-0.93
Operating Expenses	861.88	816.89	1,045	1,050	903.61	887.35
Operating Income	649.65	617.16	488.88	332.8	129.3	236.79
Interest Expense	-62.64	-71.39	-55.94	-41.45	-36.89	-52.6
Interest & Investment Income	148.08	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)	-5.02	-12.88	-5.36	-0.41	-10.12	-4.68
EBT Excluding Unusual Items	716.5	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	0.52	-24.89	16.1	-26.71	20.85	9.77
Gain (Loss) on Sale of Assets	0.06	-3.19	-6.44	-3.93	3.48	7.8
Asset Writedown	-14.05	-20.75	-41.65	-24.88	-33.93	-27.41
Other Unusual Items	32.61	31.85	37.86	33.74	59.53	-8.11
Pretax Income	735.65	724.52	579.83	460.76	332.86	214.41
Income Tax Expense	96.85	89.51	48.51	43.27	43.17	32.71
Earnings From Continuing Operations	638.8	635.01	531.31	417.49	289.69	181.7
Minority Interest in Earnings	-184.66	-184.8	-169.16	-154.74	-104.26	-65.66
Net Income	454.14	450.21	362.16	262.75	185.43	116.04
Net Income to Common	454.14	450.21	362.16	262.75	185.43	116.04
Net Income Growth	-1.92%	24.31%	37.83%	41.70%	59.81%	278.87%
Shares Outstanding (Basic)	690	696	696	696	696	696
Shares Outstanding (Diluted)	690	696	696	696	696	696
Shares Change (YoY)	-0.82%	-0.01%	0.00%	-0.01%	-	0.00%
EPS (Basic)	0.66	0.65	0.52	0.38	0.27	0.17
EPS (Diluted)	0.66	0.65	0.52	0.38	0.27	0.17
EPS Growth	-1.11%	24.33%	37.83%	41.70%	59.81%	278.86%
Free Cash Flow	69.89	449.1	526.79	636.01	1,308	443.51
Free Cash Flow Per Share	0.10	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	13.00%	11.98%	11.90%	10.56%	7.83%	10.75%
Operating Margin	5.59%	5.16%	3.79%	2.54%	0.98%	2.27%
Profit Margin	3.91%	3.76%	2.81%	2.01%	1.41%	1.11%
Free Cash Flow Margin	0.60%	3.75%	4.09%	4.86%	9.91%	4.24%
EBITDA	795.79	786.97	690.26	534.76	328.42	450.4
EBITDA Margin	6.84%	6.58%	5.36%	4.08%	2.49%	4.31%
D&A For EBITDA	146.14	169.82	201.38	201.97	199.12	213.61
EBIT	649.65	617.16	488.88	332.8	129.3	236.79
EBIT Margin	5.59%	5.16%	3.79%	2.54%	0.98%	2.27%
Effective Tax Rate	13.16%	12.35%	8.37%	9.39%	12.97%	15.26%
Revenue as Reported	11,629	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.