Hwaway Technology Corporation Limited (SHE:001380)

SHE:001380 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	1,992	1,847	1,233	879.33	706.97	523.42
Other Revenue	13.3	13.3	10.45	10.89	10.8	5.29
Revenue	2,005	1,860	1,243	890.23	717.78	528.71
Revenue Growth (YoY)	50.38%	49.66%	39.63%	24.03%	35.76%	27.33%
Cost of Revenue	1,507	1,397	915.53	682.52	566.68	376.38
Gross Profit	497.61	463.9	327.52	207.71	151.1	152.33
Selling, General & Admin	111.81	107.82	73.08	51.26	46.37	36.1
Research & Development	96.52	89.68	61.67	40.74	31.6	25.92
Other Operating Expenses	-1.39	-3.18	-0.69	5.05	5.23	3.79
Operating Expenses	229.62	222.51	154.38	98.95	85.15	69.78
Operating Income	267.99	241.39	173.14	108.75	65.95	82.56
Interest Expense	-2.96	-3.09	-4.25	-1.78	-4	-3.19
Interest & Investment Income	12.65	13.34	6.93	0.49	0.18	0.22
Currency Exchange Gain (Loss)	0.93	0.93	1.88	7.54	3.58	-3.06
Other Non Operating Income (Expenses)	-0.33	-0.8	-1.07	-0.38	-0.42	-0.2
EBT Excluding Unusual Items	278.27	251.77	176.63	114.63	65.28	76.33
Gain (Loss) on Sale of Investments	-1.07	1.52	1.55	-1.88	-0.5	-0.16
Gain (Loss) on Sale of Assets	0.48	0.47	-0.01	-0.07	0.24	0.11
Asset Writedown	3.93	-0.39	-0.49	-	-	-
Other Unusual Items	7.65	7.7	9.05	9.46	4.18	4.7
Pretax Income	289.26	261.07	186.73	122.13	69.2	80.98
Income Tax Expense	28.71	27.02	19.26	9.8	5.88	10.48
Earnings From Continuing Operations	260.55	234.05	167.47	112.33	63.32	70.5
Minority Interest in Earnings	-10.85	-7.63	-3.4	0.36	-1.42	2.45
Net Income	249.71	226.42	164.07	112.69	61.9	72.94
Net Income to Common	249.71	226.42	164.07	112.69	61.9	72.94
Net Income Growth	40.69%	38.00%	45.59%	82.07%	-15.15%	63.76%
Shares Outstanding (Basic)	270	270	243	202	203	203
Shares Outstanding (Diluted)	270	270	243	202	203	203
Shares Change (YoY)	4.09%	11.30%	19.95%	-0.35%	-	-0.17%
EPS (Basic)	0.92	0.84	0.68	0.56	0.30	0.36
EPS (Diluted)	0.92	0.84	0.68	0.56	0.30	0.36
EPS Growth	35.15%	23.99%	21.38%	82.82%	-14.68%	63.04%
Free Cash Flow	-382.4	-379.18	-183.77	38.76	13.78	14.89
Free Cash Flow Per Share	-1.42	-1.40	-0.76	0.19	0.07	0.07
Dividend Per Share	0.203	0.203	0.271	-	0.095	0.095
Dividend Growth	-25.26%	-25.26%	-	-	-	-
Gross Margin	24.82%	24.94%	26.35%	23.33%	21.05%	28.81%
Operating Margin	13.37%	12.97%	13.93%	12.22%	9.19%	15.62%
Profit Margin	12.45%	12.17%	13.20%	12.66%	8.62%	13.80%
Free Cash Flow Margin	-19.07%	-20.38%	-14.78%	4.35%	1.92%	2.82%
EBITDA	321.61	291.32	208.3	139.8	94.59	108.9
EBITDA Margin	16.04%	15.66%	16.76%	15.70%	13.18%	20.60%
D&A For EBITDA	53.62	49.93	35.16	31.05	28.65	26.34
EBIT	267.99	241.39	173.14	108.75	65.95	82.56
EBIT Margin	13.37%	12.97%	13.93%	12.22%	9.19%	15.62%
Effective Tax Rate	9.93%	10.35%	10.32%	8.02%	8.50%	12.94%
Revenue as Reported	2,005	1,860	1,243	890.23	717.78	528.71

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