Suzhou Hailu Heavy Industry Co.,Ltd (SHE:002255)

SHE:002255 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	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,667	2,761	2,766	2,343	2,465	1,979
Other Revenue	27.68	27.68	28.97	21.32	68.1	45.98
Revenue	2,695	2,789	2,795	2,365	2,533	2,025
Revenue Growth (YoY)	-3.79%	-0.23%	18.20%	-6.63%	25.07%	-1.68%
Cost of Revenue	1,946	2,100	2,099	1,786	1,913	1,456
Gross Profit	748.77	688.99	696.07	578.66	620.19	569.35
Selling, General & Admin	144.2	144.34	134.03	120.83	118.47	116.54
Research & Development	96.04	117.39	116.44	95.56	94.18	54.54
Other Operating Expenses	14.32	9.61	7.04	14.3	17.16	13.12
Operating Expenses	256.28	269.25	301.46	241.04	273.38	219.72
Operating Income	492.48	419.74	394.61	337.63	346.81	349.63
Interest Expense	-2.75	-2.89	-2.97	-3.47	-5.08	-32.12
Interest & Investment Income	23.57	16.22	8.07	7.8	9.81	547.98
Currency Exchange Gain (Loss)	-1.04	-1.04	-2.21	-0.37	-1.4	-2.76
Other Non Operating Income (Expenses)	8.65	4.03	-5.15	-2.62	-13.72	-58.59
EBT Excluding Unusual Items	520.91	436.08	392.35	338.97	336.43	804.14
Gain (Loss) on Sale of Investments	0.19	-0.1	-0.34	-	-	-
Gain (Loss) on Sale of Assets	0	0	0.06	1.54	0.04	20.28
Asset Writedown	6.32	-	-0.48	-1.34	0.23	-2.3
Other Unusual Items	-2.12	-2.12	7.59	23.8	10.42	21.15
Pretax Income	525.3	433.86	399.17	362.98	347.12	843.27
Income Tax Expense	58.5	54.59	50.64	13.46	3.36	79.26
Earnings From Continuing Operations	466.8	379.28	348.54	349.51	343.76	764.01
Minority Interest in Earnings	-10.83	-2.03	-8.24	-12.84	-14.16	-4.47
Net Income	455.98	377.25	340.3	336.68	329.6	759.54
Net Income to Common	455.98	377.25	340.3	336.68	329.6	759.54
Net Income Growth	31.41%	10.86%	1.07%	2.15%	-56.61%	-
Shares Outstanding (Basic)	832	840	842	842	843	842
Shares Outstanding (Diluted)	832	840	842	842	843	842
Shares Change (YoY)	-1.25%	-0.25%	0.07%	-0.15%	0.11%	-0.02%
EPS (Basic)	0.55	0.45	0.40	0.40	0.39	0.90
EPS (Diluted)	0.55	0.45	0.40	0.40	0.39	0.90
EPS Growth	33.08%	11.14%	1.00%	2.30%	-56.65%	-
Free Cash Flow	531.1	635.41	288.66	449.8	122.32	346.35
Free Cash Flow Per Share	0.64	0.76	0.34	0.53	0.14	0.41
Dividend Per Share	0.055	-	-	-	-	-
Gross Margin	27.78%	24.71%	24.90%	24.47%	24.49%	28.11%
Operating Margin	18.27%	15.05%	14.12%	14.28%	13.69%	17.27%
Profit Margin	16.92%	13.53%	12.17%	14.24%	13.01%	37.51%
Free Cash Flow Margin	19.71%	22.79%	10.33%	19.02%	4.83%	17.10%
EBITDA	596.47	522.23	495.11	446.37	456.96	457.11
EBITDA Margin	22.13%	18.73%	17.71%	18.88%	18.04%	22.57%
D&A For EBITDA	103.98	102.49	100.5	108.74	110.15	107.48
EBIT	492.48	419.74	394.61	337.63	346.81	349.63
EBIT Margin	18.27%	15.05%	14.12%	14.28%	13.69%	17.27%
Effective Tax Rate	11.14%	12.58%	12.68%	3.71%	0.97%	9.40%
Revenue as Reported	2,695	2,789	2,795	2,365	2,533	2,025

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