Haian Rubber Group Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	2,127	2,244	2,208	1,457	741.96	495.35
Other Revenue	91.33	56.34	42.29	51.03	17.15	3.11
Revenue	2,219	2,300	2,251	1,508	759.11	498.46
Revenue Growth (YoY)	-4.42%	2.19%	49.21%	98.69%	52.29%	-
Cost of Revenue	1,188	1,193	1,202	938.29	520.58	328.02
Gross Profit	1,031	1,107	1,048	570.01	238.53	170.44
Selling, General & Admin	249.38	228.91	184.04	123.27	93.36	65.27
Research & Development	66.47	69.69	78.38	51.16	28.35	15.31
Other Operating Expenses	42.58	22.19	16.35	16.76	8.56	9.52
Operating Expenses	371.59	324.78	283.45	200.28	136.29	96.82
Operating Income	659.06	782.48	764.93	369.73	102.24	73.62
Interest Expense	-6.81	-9.01	-11.34	-11.51	-13.1	-34.51
Interest & Investment Income	18.26	16.34	9.74	2.79	8.02	-
Earnings From Equity Investments	-0.13	0.02	0.03	0.03	-	-
Currency Exchange Gain (Loss)	15.55	-15.09	9.76	23.1	-7.62	-
Other Non Operating Income (Expenses)	-2.37	-1.1	-1.68	-3.17	-1.96	1.94
EBT Excluding Unusual Items	683.57	773.64	771.43	380.98	87.58	41.05
Gain (Loss) on Sale of Investments	-	-	-	-	-	-1.69
Gain (Loss) on Sale of Assets	4.46	-0.01	2.31	12.49	0.77	4.39
Asset Writedown	-0.32	-0.32	-0.01	-0.15	-0.02	-
Other Unusual Items	63.48	35.51	12.77	9.85	8.65	12.53
Pretax Income	751.19	808.81	786.51	403.17	96.97	56.29
Income Tax Expense	111.66	129.76	132.58	48.99	17.52	11.36
Earnings From Continuing Operations	639.52	679.05	653.93	354.18	79.45	44.93
Minority Interest in Earnings	-	-	-	-	0	-0.03
Net Income	639.52	679.05	653.93	354.18	79.46	44.9
Net Income to Common	639.52	679.05	653.93	354.18	79.46	44.9
Net Income Growth	-6.57%	3.84%	84.63%	345.76%	76.98%	-
Shares Outstanding (Basic)	140	139	139	139	135	100
Shares Outstanding (Diluted)	140	139	139	139	135	100
Shares Change (YoY)	0.27%	0.00%	-0.01%	3.54%	34.98%	-
EPS (Basic)	4.58	4.87	4.69	2.54	0.59	0.45
EPS (Diluted)	4.58	4.87	4.69	2.54	0.59	0.45
EPS Growth	-6.83%	3.84%	84.65%	330.51%	31.11%	-
Free Cash Flow	217.56	33.72	334.16	121.1	-82.48	18.03
Free Cash Flow Per Share	1.56	0.24	2.40	0.87	-0.61	0.18
Gross Margin	46.45%	48.14%	46.58%	37.79%	31.42%	34.19%
Operating Margin	29.70%	34.02%	33.99%	24.51%	13.47%	14.77%
Profit Margin	28.82%	29.53%	29.06%	23.48%	10.47%	9.01%
Free Cash Flow Margin	9.81%	1.47%	14.85%	8.03%	-10.87%	3.62%
EBITDA	1,111	1,051	1,007	577.28	305.48	254.3
EBITDA Margin	50.08%	45.68%	44.73%	38.27%	40.24%	51.02%
D&A For EBITDA	452.02	268.1	241.71	207.55	203.24	180.68
EBIT	659.06	782.48	764.93	369.73	102.24	73.62
EBIT Margin	29.70%	34.02%	33.99%	24.51%	13.47%	14.77%
Effective Tax Rate	14.87%	16.04%	16.86%	12.15%	18.07%	20.18%
Revenue as Reported	2,219	2,300	2,251	1,508	759.11	498.46
Advertising Expenses	-	10.69	4.86	2.19	1.83	2.27

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