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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,079	1,847	1,233	879.33	706.97	523.42
Other Revenue	12.29	13.3	10.45	10.89	10.8	5.29
Revenue	2,091	1,860	1,243	890.23	717.78	528.71
Revenue Growth (YoY)	44.45%	49.66%	39.63%	24.03%	35.76%	27.33%
Cost of Revenue	1,550	1,397	915.53	682.52	566.68	376.38
Gross Profit	540.47	463.9	327.52	207.71	151.1	152.33
Selling, General & Admin	120.19	107.82	73.08	51.26	46.37	36.1
Research & Development	103.43	89.68	61.67	40.74	31.6	25.92
Other Operating Expenses	5.97	-3.18	-0.69	5.05	5.23	3.79
Operating Expenses	248.88	222.51	154.38	98.95	85.15	69.78
Operating Income	291.59	241.39	173.14	108.75	65.95	82.56
Interest Expense	-2.27	-3.09	-4.25	-1.78	-4	-3.19
Interest & Investment Income	8.76	13.34	6.93	0.49	0.18	0.22
Currency Exchange Gain (Loss)	0.96	0.93	1.88	7.54	3.58	-3.06
Other Non Operating Income (Expenses)	-0.84	-0.8	-1.07	-0.38	-0.42	-0.2
EBT Excluding Unusual Items	298.21	251.77	176.63	114.63	65.28	76.33
Gain (Loss) on Sale of Investments	0.97	1.52	1.55	-1.88	-0.5	-0.16
Gain (Loss) on Sale of Assets	0.43	0.47	-0.01	-0.07	0.24	0.11
Asset Writedown	-0.21	-0.39	-0.49	-	-	-
Other Unusual Items	14.7	7.7	9.05	9.46	4.18	4.7
Pretax Income	314.1	261.07	186.73	122.13	69.2	80.98
Income Tax Expense	31.22	27.02	19.26	9.8	5.88	10.48
Earnings From Continuing Operations	282.88	234.05	167.47	112.33	63.32	70.5
Minority Interest in Earnings	-10.79	-7.63	-3.4	0.36	-1.42	2.45
Net Income	272.09	226.42	164.07	112.69	61.9	72.94
Net Income to Common	272.09	226.42	164.07	112.69	61.9	72.94
Net Income Growth	50.12%	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)	-0.22%	11.30%	19.95%	-0.35%	-	-0.17%
EPS (Basic)	1.01	0.84	0.68	0.56	0.30	0.36
EPS (Diluted)	1.01	0.84	0.68	0.56	0.30	0.36
EPS Growth	50.44%	23.99%	21.38%	82.82%	-14.68%	63.04%
Free Cash Flow	-146.94	-379.18	-183.77	38.76	13.78	14.89
Free Cash Flow Per Share	-0.54	-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	42.05%	-25.26%	-	-	-	-
Gross Margin	25.85%	24.94%	26.35%	23.33%	21.05%	28.81%
Operating Margin	13.94%	12.97%	13.93%	12.22%	9.19%	15.62%
Profit Margin	13.01%	12.17%	13.20%	12.66%	8.62%	13.80%
Free Cash Flow Margin	-7.03%	-20.38%	-14.78%	4.35%	1.92%	2.82%
EBITDA	377.37	291.32	208.3	139.8	94.59	108.9
EBITDA Margin	18.05%	15.66%	16.76%	15.70%	13.18%	20.60%
D&A For EBITDA	85.78	49.93	35.16	31.05	28.65	26.34
EBIT	291.59	241.39	173.14	108.75	65.95	82.56
EBIT Margin	13.94%	12.97%	13.93%	12.22%	9.19%	15.62%
Effective Tax Rate	9.94%	10.35%	10.32%	8.02%	8.50%	12.94%
Revenue as Reported	2,091	1,860	1,243	890.23	717.78	528.71

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