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	Sep 30, 2025	Dec 31, 2024	Jan 1, 2024	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	5,155	5,022	4,529	4,369	3,396	2,810
Other Revenue	63.89	63.89	48.2	48.79	-	23.15
Revenue	5,219	5,085	4,577	4,417	3,396	2,833
Revenue Growth (YoY)	4.90%	11.10%	3.62%	30.07%	19.89%	-16.34%
Cost of Revenue	4,845	4,636	4,148	3,817	2,940	2,451
Gross Profit	374.71	449.54	429.28	600.61	456.13	381.35
Selling, General & Admin	145.31	172.5	214.09	208.47	166.54	121.82
Research & Development	160.41	171.05	152.69	147.94	103.75	86.04
Other Operating Expenses	-22.31	-22.35	-20.61	-0.34	-3.53	-12.76
Operating Expenses	282.28	311.01	348.25	377.35	271.25	196.61
Operating Income	92.43	138.52	81.03	223.26	184.88	184.73
Interest Expense	-67.8	-67.8	-59.13	-54.72	-54.44	-55.92
Interest & Investment Income	11.59	11.59	9.97	7.1	8.74	5.72
Currency Exchange Gain (Loss)	4.97	4.97	0.95	4.72	-0.33	-0.47
Other Non Operating Income (Expenses)	-12.24	-21.15	-26.61	-14.03	-16.38	-9.19
EBT Excluding Unusual Items	28.95	66.14	6.21	166.33	122.47	124.87
Gain (Loss) on Sale of Investments	-13.62	-14.18	-8.15	-1.25	-	-
Gain (Loss) on Sale of Assets	-5.61	-4.92	-0.02	0.09	4.6	0.23
Asset Writedown	-12.22	-28.4	-10.92	-0.09	-0.55	-13.11
Other Unusual Items	16.24	-5.32	56.55	45.53	18.27	33.89
Pretax Income	13.73	13.32	43.68	210.6	144.8	145.89
Income Tax Expense	-1.4	-0.28	-10.78	21.02	3.67	27.11
Earnings From Continuing Operations	15.14	13.61	54.46	189.59	141.13	118.78
Minority Interest in Earnings	-	-	-	-2.12	-0.71	3.53
Net Income	15.14	13.61	54.46	187.47	140.42	122.31
Net Income to Common	15.14	13.61	54.46	187.47	140.42	122.31
Net Income Growth	-25.75%	-75.01%	-70.95%	33.51%	14.80%	44.16%
Shares Outstanding (Basic)	1,321	1,361	1,361	1,339	1,277	1,223
Shares Outstanding (Diluted)	1,321	1,361	1,361	1,339	1,277	1,223
Shares Change (YoY)	-3.17%	-0.06%	1.68%	4.90%	4.37%	0.91%
EPS (Basic)	0.01	0.01	0.04	0.14	0.11	0.10
EPS (Diluted)	0.01	0.01	0.04	0.14	0.11	0.10
EPS Growth	-23.33%	-75.00%	-71.43%	27.27%	10.00%	42.86%
Free Cash Flow	530.4	442.62	375.03	-920.58	-914.13	54.57
Free Cash Flow Per Share	0.40	0.33	0.28	-0.69	-0.72	0.04
Dividend Per Share	0.050	0.100	-	0.050	0.050	-
Gross Margin	7.18%	8.84%	9.38%	13.60%	13.43%	13.46%
Operating Margin	1.77%	2.72%	1.77%	5.05%	5.44%	6.52%
Profit Margin	0.29%	0.27%	1.19%	4.24%	4.13%	4.32%
Free Cash Flow Margin	10.16%	8.70%	8.19%	-20.84%	-26.92%	1.93%
EBITDA	441.27	434.69	306.95	390.91	316.63	319.66
EBITDA Margin	8.46%	8.55%	6.71%	8.85%	9.32%	11.28%
D&A For EBITDA	348.84	296.16	225.93	167.65	131.75	134.92
EBIT	92.43	138.52	81.03	223.26	184.88	184.73
EBIT Margin	1.77%	2.72%	1.77%	5.05%	5.44%	6.52%
Effective Tax Rate	-	-	-	9.98%	2.53%	18.58%
Revenue as Reported	5,219	5,085	4,577	4,417	3,396	2,833

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