Hongda High-Tech Holding Co.,Ltd. (SHE:002144)

Hongda High-Tech Holding 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	608.86	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	620.29	618.3	535.18	579.37	601.04	461.68
Revenue Growth (YoY)	15.72%	15.53%	-7.63%	-3.60%	30.19%	-15.03%
Cost of Revenue	448.69	446.88	376.56	429.52	468.32	333.36
Gross Profit	171.59	171.42	158.63	149.85	132.72	128.31
Selling, General & Admin	65.56	64.14	56.83	53.88	53.05	53.17
Research & Development	34.42	32.83	30.72	27.02	33.91	34.25
Other Operating Expenses	4.27	2.93	3.01	-2.66	3.37	2.44
Operating Expenses	104.56	101.17	90.13	77.95	92.03	83.37
Operating Income	67.03	70.25	68.5	71.9	40.69	44.94
Interest Expense	-0.49	-1.07	-1.16	-0.03	-0.09	-0.43
Interest & Investment Income	30.4	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)	-1.13	-0.7	-0.58	-0.28	-2.04	-0.42
EBT Excluding Unusual Items	98	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	0.16	0.25	0.01	0.04	-1.34	35.43
Asset Writedown	-0.04	-0.04	-0.1	-3.75	-1.75	-0.13
Other Unusual Items	11.13	8.49	3.06	0.26	45.53	15.06
Pretax Income	27.06	28.16	90.18	88.42	70.74	72.5
Income Tax Expense	-0.26	0.34	7.85	8.16	5.64	7.63
Earnings From Continuing Operations	27.32	27.81	82.32	80.26	65.11	64.86
Minority Interest in Earnings	0.31	0.13	-0.07	-0.57	-0.24	-0.91
Net Income	27.64	27.94	82.25	79.68	64.87	63.95
Net Income to Common	27.64	27.94	82.25	79.68	64.87	63.95
Net Income Growth	-66.67%	-66.03%	3.22%	22.84%	1.43%	-22.51%
Shares Outstanding (Basic)	174	175	175	177	175	178
Shares Outstanding (Diluted)	174	175	175	177	175	178
Shares Change (YoY)	-1.56%	-0.20%	-1.17%	1.00%	-1.31%	1.17%
EPS (Basic)	0.16	0.16	0.47	0.45	0.37	0.36
EPS (Diluted)	0.16	0.16	0.47	0.45	0.37	0.36
EPS Growth	-66.14%	-65.96%	4.44%	21.62%	2.78%	-23.40%
Free Cash Flow	57.98	94.29	53.06	59.19	-64.9	63.71
Free Cash Flow Per Share	0.33	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	27.66%	27.72%	29.64%	25.86%	22.08%	27.79%
Operating Margin	10.81%	11.36%	12.80%	12.41%	6.77%	9.73%
Profit Margin	4.46%	4.52%	15.37%	13.75%	10.79%	13.85%
Free Cash Flow Margin	9.35%	15.25%	9.91%	10.22%	-10.80%	13.80%
EBITDA	96.88	100.98	102.79	107.37	73.39	81.96
EBITDA Margin	15.62%	16.33%	19.21%	18.53%	12.21%	17.75%
D&A For EBITDA	29.84	30.73	34.29	35.47	32.7	37.02
EBIT	67.03	70.25	68.5	71.9	40.69	44.94
EBIT Margin	10.81%	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	620.29	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.