Hongbaoli Group Corporation, Ltd. (SHE:002165)

SHE:002165 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	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	2,796	2,721	2,636	2,496	3,322	2,570
Other Revenue	4.47	4.47	11.49	23.09	106.73	40.38
Revenue	2,800	2,726	2,647	2,519	3,429	2,611
Revenue Growth (YoY)	4.08%	2.98%	5.09%	-26.53%	31.32%	9.57%
Cost of Revenue	2,405	2,328	2,202	2,208	2,995	2,109
Gross Profit	395.4	398.3	444.77	310.5	433.44	501.6
Selling, General & Admin	247.09	245.71	251.58	251.27	209.34	175.73
Research & Development	98.01	94.34	82.96	97.68	118.91	70.09
Other Operating Expenses	15.14	2.48	10.58	16.88	-26.63	18.54
Operating Expenses	367.34	342.53	345.13	361.58	302.55	273.8
Operating Income	28.06	55.76	99.65	-51.08	130.89	227.8
Interest Expense	-83.03	-89.61	-118.72	-123.73	-92.87	-67.99
Interest & Investment Income	41.41	43.61	58.13	21.38	6.7	2.9
Currency Exchange Gain (Loss)	13.01	13.01	4.31	33.67	-6.38	-11.05
Other Non Operating Income (Expenses)	-4.07	-0.95	-5.05	-18.97	-30.44	-9.98
EBT Excluding Unusual Items	-4.63	21.82	38.32	-138.74	7.89	141.67
Gain (Loss) on Sale of Investments	4.6	3.49	0.81	-12.2	0.34	-
Gain (Loss) on Sale of Assets	0.08	0.02	-1.87	-0.94	0.3	-13.99
Asset Writedown	-0.27	-0.27	-11.12	0	0.25	0.02
Other Unusual Items	44.08	14.6	-12.72	9.08	-	10.96
Pretax Income	43.86	39.66	13.41	-142.8	8.78	138.65
Income Tax Expense	-7.47	-19.29	-24.87	-59.69	-18.73	20.1
Earnings From Continuing Operations	51.33	58.95	38.27	-83.11	27.5	118.55
Minority Interest in Earnings	-1.47	-0.46	0.01	4.81	2.23	1.64
Net Income	49.86	58.5	38.28	-78.3	29.74	120.19
Net Income to Common	49.86	58.5	38.28	-78.3	29.74	120.19
Net Income Growth	23.59%	52.80%	-	-	-75.26%	34.63%
Shares Outstanding (Basic)	735	735	735	735	658	601
Shares Outstanding (Diluted)	735	735	735	735	658	601
Shares Change (YoY)	0.09%	0.01%	-0.05%	11.75%	9.47%	0.97%
EPS (Basic)	0.07	0.08	0.05	-0.11	0.05	0.20
EPS (Diluted)	0.07	0.08	0.05	-0.11	0.05	0.20
EPS Growth	23.48%	52.78%	-	-	-77.40%	33.33%
Free Cash Flow	-45.2	103.63	-99.1	438.54	118.72	-255.05
Free Cash Flow Per Share	-0.06	0.14	-0.14	0.60	0.18	-0.42
Dividend Per Share	0.040	0.070	0.070	0.040	0.110	-
Dividend Growth	-60.00%	-	75.00%	-63.64%	-	-
Gross Margin	14.12%	14.61%	16.80%	12.33%	12.64%	19.21%
Operating Margin	1.00%	2.05%	3.76%	-2.03%	3.82%	8.72%
Profit Margin	1.78%	2.15%	1.45%	-3.11%	0.87%	4.60%
Free Cash Flow Margin	-1.61%	3.80%	-3.74%	17.41%	3.46%	-9.77%
EBITDA	98.08	142.77	209.3	121.22	292.8	315.91
EBITDA Margin	3.50%	5.24%	7.91%	4.81%	8.54%	12.10%
D&A For EBITDA	70.02	87.01	109.66	172.3	161.91	88.11
EBIT	28.06	55.76	99.65	-51.08	130.89	227.8
EBIT Margin	1.00%	2.05%	3.76%	-2.03%	3.82%	8.72%
Effective Tax Rate	-	-	-	-	-	14.49%
Revenue as Reported	2,800	2,726	2,647	2,519	3,429	2,611

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.