Hwaway Technology Corporation Limited (SHE:001380)

SHE:001380 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,847	1,233	879.33	706.97	523.42
Other Revenue	13.3	10.45	10.89	10.8	5.29
Revenue	1,860	1,243	890.23	717.78	528.71
Revenue Growth (YoY)	49.66%	39.63%	24.03%	35.76%	27.33%
Cost of Revenue	1,397	915.53	682.52	566.68	376.38
Gross Profit	463.9	327.52	207.71	151.1	152.33
Selling, General & Admin	107.82	73.08	51.26	46.37	36.1
Research & Development	89.68	61.67	40.74	31.6	25.92
Other Operating Expenses	-3.18	-0.69	5.05	5.23	3.79
Operating Expenses	222.51	154.38	98.95	85.15	69.78
Operating Income	241.39	173.14	108.75	65.95	82.56
Interest Expense	-3.09	-4.25	-1.78	-4	-3.19
Interest & Investment Income	13.34	6.93	0.49	0.18	0.22
Currency Exchange Gain (Loss)	0.93	1.88	7.54	3.58	-3.06
Other Non Operating Income (Expenses)	-0.8	-1.07	-0.38	-0.42	-0.2
EBT Excluding Unusual Items	251.77	176.63	114.63	65.28	76.33
Gain (Loss) on Sale of Investments	1.52	1.55	-1.88	-0.5	-0.16
Gain (Loss) on Sale of Assets	0.47	-0.01	-0.07	0.24	0.11
Asset Writedown	-0.39	-0.49	-	-	-
Other Unusual Items	7.7	9.05	9.46	4.18	4.7
Pretax Income	261.07	186.73	122.13	69.2	80.98
Income Tax Expense	27.02	19.26	9.8	5.88	10.48
Earnings From Continuing Operations	234.05	167.47	112.33	63.32	70.5
Minority Interest in Earnings	-7.63	-3.4	0.36	-1.42	2.45
Net Income	226.42	164.07	112.69	61.9	72.94
Net Income to Common	226.42	164.07	112.69	61.9	72.94
Net Income Growth	38.00%	45.59%	82.07%	-15.15%	63.76%
Shares Outstanding (Basic)	183	164	137	137	137
Shares Outstanding (Diluted)	183	164	137	137	137
Shares Change (YoY)	11.29%	19.95%	-0.35%	-	-0.19%
EPS (Basic)	1.24	1.00	0.82	0.45	0.53
EPS (Diluted)	1.24	1.00	0.82	0.45	0.53
EPS Growth	24.00%	21.37%	82.80%	-14.67%	63.08%
Free Cash Flow	-379.18	-183.77	38.76	13.78	14.89
Free Cash Flow Per Share	-2.08	-1.12	0.28	0.10	0.11
Dividend Per Share	0.300	0.401	-	0.141	0.141
Dividend Growth	-25.26%	-	-	-	-
Gross Margin	24.94%	26.35%	23.33%	21.05%	28.81%
Operating Margin	12.97%	13.93%	12.22%	9.19%	15.62%
Profit Margin	12.17%	13.20%	12.66%	8.62%	13.80%
Free Cash Flow Margin	-20.38%	-14.78%	4.35%	1.92%	2.82%
EBITDA	291.32	208.3	139.8	94.59	108.9
EBITDA Margin	15.66%	16.76%	15.70%	13.18%	20.60%
D&A For EBITDA	49.93	35.16	31.05	28.65	26.34
EBIT	241.39	173.14	108.75	65.95	82.56
EBIT Margin	12.97%	13.93%	12.22%	9.19%	15.62%
Effective Tax Rate	10.35%	10.32%	8.02%	8.50%	12.94%
Revenue as Reported	1,860	1,243	890.23	717.78	528.71

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