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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,641	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	2,668	2,789	2,795	2,365	2,533	2,025
Revenue Growth (YoY)	-0.71%	-0.23%	18.20%	-6.63%	25.07%	-1.68%
Cost of Revenue	1,938	2,100	2,099	1,786	1,913	1,456
Gross Profit	730.18	688.99	696.07	578.66	620.19	569.35
Selling, General & Admin	141.51	144.34	134.03	120.83	118.47	116.54
Research & Development	102.92	117.39	116.44	95.56	94.18	54.54
Other Operating Expenses	11.03	9.61	7.04	14.3	17.16	13.12
Operating Expenses	249.44	269.25	301.46	241.04	273.38	219.72
Operating Income	480.74	419.74	394.61	337.63	346.81	349.63
Interest Expense	-2.84	-2.89	-2.97	-3.47	-5.08	-32.12
Interest & Investment Income	18.69	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)	7.37	4.03	-5.15	-2.62	-13.72	-58.59
EBT Excluding Unusual Items	502.91	436.08	392.35	338.97	336.43	804.14
Gain (Loss) on Sale of Investments	-0.16	-0.1	-0.34	-	-	-
Gain (Loss) on Sale of Assets	0	0	0.06	1.54	0.04	20.28
Asset Writedown	3.24	-	-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	503.88	433.86	399.17	362.98	347.12	843.27
Income Tax Expense	57.81	54.59	50.64	13.46	3.36	79.26
Earnings From Continuing Operations	446.07	379.28	348.54	349.51	343.76	764.01
Minority Interest in Earnings	-4.99	-2.03	-8.24	-12.84	-14.16	-4.47
Net Income	441.08	377.25	340.3	336.68	329.6	759.54
Net Income to Common	441.08	377.25	340.3	336.68	329.6	759.54
Net Income Growth	42.53%	10.86%	1.07%	2.15%	-56.61%	-
Shares Outstanding (Basic)	835	840	842	842	843	842
Shares Outstanding (Diluted)	835	840	842	842	843	842
Shares Change (YoY)	-0.92%	-0.25%	0.07%	-0.15%	0.11%	-0.02%
EPS (Basic)	0.53	0.45	0.40	0.40	0.39	0.90
EPS (Diluted)	0.53	0.45	0.40	0.40	0.39	0.90
EPS Growth	43.85%	11.14%	1.00%	2.30%	-56.65%	-
Free Cash Flow	558.52	635.41	288.66	449.8	122.32	346.35
Free Cash Flow Per Share	0.67	0.76	0.34	0.53	0.14	0.41
Gross Margin	27.36%	24.71%	24.90%	24.47%	24.49%	28.11%
Operating Margin	18.02%	15.05%	14.12%	14.28%	13.69%	17.27%
Profit Margin	16.53%	13.53%	12.17%	14.24%	13.01%	37.51%
Free Cash Flow Margin	20.93%	22.79%	10.33%	19.02%	4.83%	17.10%
EBITDA	587.11	522.23	495.11	446.37	456.96	457.11
EBITDA Margin	22.00%	18.73%	17.71%	18.88%	18.04%	22.57%
D&A For EBITDA	106.37	102.49	100.5	108.74	110.15	107.48
EBIT	480.74	419.74	394.61	337.63	346.81	349.63
EBIT Margin	18.02%	15.05%	14.12%	14.28%	13.69%	17.27%
Effective Tax Rate	11.47%	12.58%	12.68%	3.71%	0.97%	9.40%
Revenue as Reported	2,668	2,789	2,795	2,365	2,533	2,025

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