Hongda High-Tech Holding Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	557.75	606.87	521.76	565.95	586.92	449.47
Other Revenue	11.43	11.43	13.43	13.43	14.11	12.21
Revenue	569.18	618.3	535.18	579.37	601.04	461.68
Revenue Growth (YoY)	-3.87%	15.53%	-7.63%	-3.60%	30.19%	-15.03%
Cost of Revenue	406.72	446.88	376.56	429.52	468.32	333.36
Gross Profit	162.46	171.42	158.63	149.85	132.72	128.31
Selling, General & Admin	66.51	64.14	56.83	53.88	53.05	53.17
Research & Development	32.32	32.83	30.72	27.02	33.91	34.25
Other Operating Expenses	2.42	2.93	3.01	-2.66	3.37	2.44
Operating Expenses	99.84	101.17	90.13	77.95	92.03	83.37
Operating Income	62.61	70.25	68.5	71.9	40.69	44.94
Interest Expense	-0.09	-1.07	-1.16	-0.03	-0.09	-0.43
Interest & Investment Income	31.53	30.97	37.13	29.9	46.68	37.7
Currency Exchange Gain (Loss)	2.19	2.19	2.82	10.74	-2.66	-3.46
Other Non Operating Income (Expenses)	-2.04	-0.7	-0.58	-0.28	-2.04	-0.42
EBT Excluding Unusual Items	94.2	101.64	106.71	112.22	82.58	78.33
Impairment of Goodwill	-4.96	-4.96	-	-6.91	-20.48	-34.63
Gain (Loss) on Sale of Investments	-77.23	-77.23	-19.51	-13.44	-33.8	-21.56
Gain (Loss) on Sale of Assets	0.06	0.25	0.01	0.04	-1.34	35.43
Asset Writedown	0.92	-0.04	-0.1	-3.75	-1.75	-0.13
Other Unusual Items	8.14	8.49	3.06	0.26	45.53	15.06
Pretax Income	21.14	28.16	90.18	88.42	70.74	72.5
Income Tax Expense	-0.3	0.34	7.85	8.16	5.64	7.63
Earnings From Continuing Operations	21.43	27.81	82.32	80.26	65.11	64.86
Minority Interest in Earnings	0.37	0.13	-0.07	-0.57	-0.24	-0.91
Net Income	21.8	27.94	82.25	79.68	64.87	63.95
Net Income to Common	21.8	27.94	82.25	79.68	64.87	63.95
Net Income Growth	-71.74%	-66.03%	3.22%	22.84%	1.43%	-22.51%
Shares Outstanding (Basic)	173	175	175	177	175	178
Shares Outstanding (Diluted)	173	175	175	177	175	178
Shares Change (YoY)	-1.46%	-0.20%	-1.17%	1.00%	-1.31%	1.17%
EPS (Basic)	0.13	0.16	0.47	0.45	0.37	0.36
EPS (Diluted)	0.13	0.16	0.47	0.45	0.37	0.36
EPS Growth	-71.32%	-65.96%	4.44%	21.62%	2.78%	-23.40%
Free Cash Flow	16.47	94.29	53.06	59.19	-64.9	63.71
Free Cash Flow Per Share	0.10	0.54	0.30	0.33	-0.37	0.36
Dividend Per Share	0.050	0.050	0.150	0.100	0.100	0.100
Dividend Growth	-66.67%	-66.67%	50.00%	-	-	-
Gross Margin	28.54%	27.72%	29.64%	25.86%	22.08%	27.79%
Operating Margin	11.00%	11.36%	12.80%	12.41%	6.77%	9.73%
Profit Margin	3.83%	4.52%	15.37%	13.75%	10.79%	13.85%
Free Cash Flow Margin	2.89%	15.25%	9.91%	10.22%	-10.80%	13.80%
EBITDA	90.68	100.98	102.79	107.37	73.39	81.96
EBITDA Margin	15.93%	16.33%	19.21%	18.53%	12.21%	17.75%
D&A For EBITDA	28.06	30.73	34.29	35.47	32.7	37.02
EBIT	62.61	70.25	68.5	71.9	40.69	44.94
EBIT Margin	11.00%	11.36%	12.80%	12.41%	6.77%	9.73%
Effective Tax Rate	-	1.22%	8.71%	9.22%	7.97%	10.53%
Revenue as Reported	569.18	618.3	535.18	579.37	601.04	461.68
Advertising Expenses	-	3.04	1.69	0.63	0.7	0.7

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