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 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Operating Revenue	4,927	4,529	4,369	3,396	2,810	3,349
Other Revenue	48.2	48.2	48.79	-	23.15	36.8
Revenue	4,976	4,577	4,417	3,396	2,833	3,386
Revenue Growth (YoY)	16.72%	3.62%	30.07%	19.89%	-16.34%	12.34%
Cost of Revenue	4,528	4,148	3,817	2,940	2,451	2,920
Gross Profit	447.27	429.28	600.61	456.13	381.35	465.76
Selling, General & Admin	179.96	214.09	208.47	166.54	121.82	216.94
Research & Development	177.68	152.69	147.94	103.75	86.04	102.48
Other Operating Expenses	-31.2	-20.61	-0.34	-3.53	-12.76	-10.76
Operating Expenses	324.4	348.25	377.35	271.25	196.61	321.44
Operating Income	122.87	81.03	223.26	184.88	184.73	144.32
Interest Expense	-62.96	-59.13	-54.72	-54.44	-55.92	-73
Interest & Investment Income	13.18	9.97	7.1	8.74	5.72	13.46
Currency Exchange Gain (Loss)	0.95	0.95	4.72	-0.33	-0.47	0.06
Other Non Operating Income (Expenses)	-74.52	-26.61	-14.03	-16.38	-9.19	-14.03
EBT Excluding Unusual Items	-0.48	6.21	166.33	122.47	124.87	70.82
Gain (Loss) on Sale of Investments	-14.28	-8.15	-1.25	-	-	0.11
Gain (Loss) on Sale of Assets	0.41	-0.02	0.09	4.6	0.23	49.47
Asset Writedown	-34.47	-10.92	-0.09	-0.55	-13.11	-48.41
Other Unusual Items	61.51	56.55	45.53	18.27	33.89	23.07
Pretax Income	12.68	43.68	210.6	144.8	145.89	95.06
Income Tax Expense	-7.71	-10.78	21.02	3.67	27.11	10.42
Earnings From Continuing Operations	20.39	54.46	189.59	141.13	118.78	84.64
Minority Interest in Earnings	-	-	-2.12	-0.71	3.53	0.2
Net Income	20.39	54.46	187.47	140.42	122.31	84.85
Net Income to Common	20.39	54.46	187.47	140.42	122.31	84.85
Net Income Growth	-81.91%	-70.95%	33.51%	14.80%	44.16%	-
Shares Outstanding (Basic)	1,364	1,361	1,339	1,277	1,223	1,212
Shares Outstanding (Diluted)	1,364	1,361	1,339	1,277	1,223	1,212
Shares Change (YoY)	1.05%	1.68%	4.90%	4.37%	0.91%	-3.96%
EPS (Basic)	0.01	0.04	0.14	0.11	0.10	0.07
EPS (Diluted)	0.01	0.04	0.14	0.11	0.10	0.07
EPS Growth	-82.10%	-71.43%	27.27%	10.00%	42.86%	-
Free Cash Flow	572.57	375.03	-920.58	-914.13	54.57	31.72
Free Cash Flow Per Share	0.42	0.28	-0.69	-0.72	0.04	0.03
Dividend Per Share	0.050	-	0.050	0.050	-	0.100
Gross Margin	8.99%	9.38%	13.60%	13.43%	13.46%	13.76%
Operating Margin	2.47%	1.77%	5.05%	5.44%	6.52%	4.26%
Profit Margin	0.41%	1.19%	4.24%	4.13%	4.32%	2.51%
Free Cash Flow Margin	11.51%	8.19%	-20.84%	-26.92%	1.93%	0.94%
EBITDA	391.47	306.36	390.91	316.63	319.66	272.51
EBITDA Margin	7.87%	6.69%	8.85%	9.32%	11.28%	8.05%
D&A For EBITDA	268.6	225.33	167.65	131.75	134.92	128.19
EBIT	122.87	81.03	223.26	184.88	184.73	144.32
EBIT Margin	2.47%	1.77%	5.05%	5.44%	6.52%	4.26%
Effective Tax Rate	-	-	9.98%	2.53%	18.58%	10.96%
Revenue as Reported	4,976	4,577	4,417	3,396	2,833	3,386

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