Huagong Tech Company Limited (SHE:000988)

Huagong Tech Company 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	14,171	11,324	9,718	11,768	9,990	6,018
Other Revenue	-106.34	385.44	592.14	243.12	176.8	119.93
Revenue	14,064	11,709	10,310	12,011	10,167	6,138
Revenue Growth (YoY)	33.18%	13.57%	-14.16%	18.14%	65.65%	12.40%
Cost of Revenue	11,269	9,259	8,028	9,751	8,451	4,705
Gross Profit	2,796	2,451	2,282	2,260	1,716	1,433
Selling, General & Admin	807.26	785.62	895.36	1,033	946.49	727.27
Research & Development	928.77	877.58	761.26	565.66	406.57	330.64
Other Operating Expenses	50.34	-79.67	-61.64	27.69	19.6	-88.4
Operating Expenses	1,785	1,591	1,628	1,668	1,420	1,002
Operating Income	1,011	859.34	653.93	591.11	295.89	430.69
Interest Expense	-80.57	-76.16	-93.24	-74.32	-35	-25.53
Interest & Investment Income	230.68	255.91	418.82	390.41	430.82	287.35
Currency Exchange Gain (Loss)	8.73	6.3	8.08	12.64	-3.19	-9.42
Other Non Operating Income (Expenses)	-5.04	-4.24	-8.4	-8.29	-6.42	-4.2
EBT Excluding Unusual Items	1,164	1,041	979.19	911.55	682.09	678.9
Gain (Loss) on Sale of Investments	36.1	1.89	-1.87	5.89	23.88	-46.51
Gain (Loss) on Sale of Assets	2.02	3.56	0.81	-0.19	2.45	-0.37
Asset Writedown	2.02	0.78	-0.28	1.34	-0.37	-2.72
Other Unusual Items	420.54	249.7	132.81	90.6	116.5	3.12
Pretax Income	1,625	1,297	1,111	1,009	824.56	632.42
Income Tax Expense	149.67	93.99	107.37	118.75	76.51	92
Earnings From Continuing Operations	1,476	1,203	1,003	890.43	748.05	540.42
Minority Interest in Earnings	27.43	17.66	4.19	15.51	12.93	10.07
Net Income	1,503	1,221	1,007	905.94	760.98	550.49
Net Income to Common	1,503	1,221	1,007	905.94	760.98	550.49
Net Income Growth	42.51%	21.17%	11.21%	19.05%	38.24%	9.49%
Shares Outstanding (Basic)	1,010	1,009	1,007	1,007	1,001	1,001
Shares Outstanding (Diluted)	1,010	1,009	1,007	1,007	1,001	1,001
Shares Change (YoY)	0.52%	0.14%	0.09%	0.53%	0.04%	-0.47%
EPS (Basic)	1.49	1.21	1.00	0.90	0.76	0.55
EPS (Diluted)	1.49	1.21	1.00	0.90	0.76	0.55
EPS Growth	41.77%	21.00%	11.11%	18.42%	38.18%	10.00%
Free Cash Flow	-346.25	22.1	1,090	283.65	-272.15	139.3
Free Cash Flow Per Share	-0.34	0.02	1.08	0.28	-0.27	0.14
Dividend Per Share	0.200	0.200	0.150	0.100	0.080	0.060
Dividend Growth	33.33%	33.33%	50.00%	25.00%	33.33%	-
Gross Margin	19.88%	20.93%	22.13%	18.81%	16.87%	23.34%
Operating Margin	7.19%	7.34%	6.34%	4.92%	2.91%	7.02%
Profit Margin	10.69%	10.43%	9.77%	7.54%	7.49%	8.97%
Free Cash Flow Margin	-2.46%	0.19%	10.57%	2.36%	-2.68%	2.27%
EBITDA	1,278	1,095	876	805.4	504.98	605.96
EBITDA Margin	9.08%	9.35%	8.50%	6.71%	4.97%	9.87%
D&A For EBITDA	266.83	235.73	222.06	214.3	209.09	175.27
EBIT	1,011	859.34	653.93	591.11	295.89	430.69
EBIT Margin	7.19%	7.34%	6.34%	4.92%	2.91%	7.02%
Effective Tax Rate	9.21%	7.25%	9.67%	11.77%	9.28%	14.55%
Revenue as Reported	14,064	11,709	10,310	12,011	10,167	6,138

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.