Henan Hengxing Science & Technology Co.,Ltd. (SHE:002132)

SHE:002132 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	Jan 1, 2024	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	5,010	5,022	4,529	4,369	3,396	2,810
Other Revenue	59.19	63.89	48.2	48.79	-	23.15
Revenue	5,069	5,085	4,577	4,417	3,396	2,833
Revenue Growth (YoY)	2.94%	11.10%	3.62%	30.07%	19.89%	-16.34%
Cost of Revenue	4,655	4,636	4,148	3,817	2,940	2,451
Gross Profit	413.78	449.54	429.28	600.61	456.13	381.35
Selling, General & Admin	158.22	172.5	214.09	208.47	166.54	121.82
Research & Development	164.24	171.05	152.69	147.94	103.75	86.04
Other Operating Expenses	-2.46	-22.35	-20.61	-0.34	-3.53	-12.76
Operating Expenses	314.35	311.01	348.25	377.35	271.25	196.61
Operating Income	99.43	138.52	81.03	223.26	184.88	184.73
Interest Expense	-72	-67.8	-59.13	-54.72	-54.44	-55.92
Interest & Investment Income	10.09	11.59	9.97	7.1	8.74	5.72
Currency Exchange Gain (Loss)	3.48	4.97	0.95	4.72	-0.33	-0.47
Other Non Operating Income (Expenses)	-9.04	-21.15	-26.61	-14.03	-16.38	-9.19
EBT Excluding Unusual Items	31.96	66.14	6.21	166.33	122.47	124.87
Gain (Loss) on Sale of Investments	-13.48	-14.18	-8.15	-1.25	-	-
Gain (Loss) on Sale of Assets	-5.57	-4.92	-0.02	0.09	4.6	0.23
Asset Writedown	-22.58	-28.4	-10.92	-0.09	-0.55	-13.11
Other Unusual Items	37.01	-5.32	56.55	45.53	18.27	33.89
Pretax Income	27.34	13.32	43.68	210.6	144.8	145.89
Income Tax Expense	2.48	-0.28	-10.78	21.02	3.67	27.11
Earnings From Continuing Operations	24.86	13.61	54.46	189.59	141.13	118.78
Minority Interest in Earnings	-	-	-	-2.12	-0.71	3.53
Net Income	24.86	13.61	54.46	187.47	140.42	122.31
Net Income to Common	24.86	13.61	54.46	187.47	140.42	122.31
Net Income Growth	-16.70%	-75.01%	-70.95%	33.51%	14.80%	44.16%
Shares Outstanding (Basic)	1,389	1,361	1,361	1,339	1,277	1,223
Shares Outstanding (Diluted)	1,389	1,361	1,361	1,339	1,277	1,223
Shares Change (YoY)	39.00%	-0.06%	1.68%	4.90%	4.37%	0.91%
EPS (Basic)	0.02	0.01	0.04	0.14	0.11	0.10
EPS (Diluted)	0.02	0.01	0.04	0.14	0.11	0.10
EPS Growth	-40.07%	-75.00%	-71.43%	27.27%	10.00%	42.86%
Free Cash Flow	502.61	442.62	375.03	-920.58	-914.13	54.57
Free Cash Flow Per Share	0.36	0.33	0.28	-0.69	-0.72	0.04
Dividend Per Share	0.050	0.100	-	0.050	0.050	-
Gross Margin	8.16%	8.84%	9.38%	13.60%	13.43%	13.46%
Operating Margin	1.96%	2.72%	1.77%	5.05%	5.44%	6.52%
Profit Margin	0.49%	0.27%	1.19%	4.24%	4.13%	4.32%
Free Cash Flow Margin	9.92%	8.70%	8.19%	-20.84%	-26.92%	1.93%
EBITDA	409.66	434.69	306.95	390.91	316.63	319.66
EBITDA Margin	8.08%	8.55%	6.71%	8.85%	9.32%	11.28%
D&A For EBITDA	310.23	296.16	225.93	167.65	131.75	134.92
EBIT	99.43	138.52	81.03	223.26	184.88	184.73
EBIT Margin	1.96%	2.72%	1.77%	5.05%	5.44%	6.52%
Effective Tax Rate	9.07%	-	-	9.98%	2.53%	18.58%
Revenue as Reported	5,069	5,085	4,577	4,417	3,396	2,833

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