Haining China Leather Market Co.,Ltd (SHE:002344)

SHE:002344 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	1,055	1,066	1,259	1,342	1,363	1,418
Other Revenue	12.02	11.08	10.11	16.92	87.15	-
Revenue	1,067	1,077	1,269	1,359	1,450	1,418
Revenue Growth (YoY)	-10.52%	-15.10%	-6.63%	-6.30%	2.29%	1.28%
Cost of Revenue	728.4	714.83	785.36	831.48	816.87	848.08
Gross Profit	338.29	362.41	483.5	527.52	633.55	569.93
Selling, General & Admin	202.13	203.59	230.75	187.8	191.31	216.49
Research & Development	-0.09	5.61	14.41	13.11	12.76	8.11
Other Operating Expenses	55.54	46.23	55.08	71.17	132.89	64.78
Operating Expenses	272.27	251.11	292.78	256.79	386.86	319.3
Operating Income	66.02	111.3	190.72	270.73	246.69	250.62
Interest Expense	-39	-45.98	-61.04	-54.44	-31.23	-
Interest & Investment Income	112.34	106.9	139.06	124.22	156.38	27.57
Currency Exchange Gain (Loss)	0.03	-	-	0	5.31	-
Other Non Operating Income (Expenses)	-0.12	-0.94	-1.23	-2.27	-0.75	13.31
EBT Excluding Unusual Items	139.28	171.28	267.52	338.25	376.4	291.5
Gain (Loss) on Sale of Investments	0.12	-1.68	-2.35	10.27	1.35	0.76
Gain (Loss) on Sale of Assets	-0.04	-0.04	-2.13	0.13	-0.02	-0.04
Asset Writedown	-0	-	-	-35.79	-0.04	-
Other Unusual Items	15.92	14.97	14.58	97.53	76.55	-
Pretax Income	155.26	184.53	277.61	410.4	454.24	292.22
Income Tax Expense	44.74	52.18	58.92	103.98	123.31	90.73
Earnings From Continuing Operations	110.52	132.35	218.7	306.42	330.93	201.48
Earnings From Discontinued Operations	-	-	-	-	-	-11.01
Net Income to Company	110.52	132.35	218.7	306.42	330.93	190.47
Minority Interest in Earnings	-34.67	-43.51	-41.2	-36.29	-3.03	4.1
Net Income	75.85	88.84	177.5	270.13	327.9	194.57
Net Income to Common	75.85	88.84	177.5	270.13	327.9	194.57
Net Income Growth	-40.34%	-49.95%	-34.29%	-17.62%	68.52%	-30.35%
Shares Outstanding (Basic)	1,255	1,269	1,268	1,286	1,261	1,297
Shares Outstanding (Diluted)	1,255	1,269	1,268	1,286	1,261	1,297
Shares Change (YoY)	0.27%	0.10%	-1.44%	2.00%	-2.77%	2.16%
EPS (Basic)	0.06	0.07	0.14	0.21	0.26	0.15
EPS (Diluted)	0.06	0.07	0.14	0.21	0.26	0.15
EPS Growth	-40.50%	-50.00%	-33.33%	-19.23%	73.33%	-31.82%
Free Cash Flow	231.55	265.46	-83.01	-203.47	338.56	253.46
Free Cash Flow Per Share	0.18	0.21	-0.07	-0.16	0.27	0.20
Dividend Per Share	0.038	0.038	0.043	0.045	0.030	0.019
Dividend Growth	-11.63%	-11.63%	-4.44%	50.00%	57.89%	-
Gross Margin	31.71%	33.64%	38.10%	38.82%	43.68%	40.19%
Operating Margin	6.19%	10.33%	15.03%	19.92%	17.01%	17.67%
Profit Margin	7.11%	8.25%	13.99%	19.88%	22.61%	13.72%
Free Cash Flow Margin	21.71%	24.64%	-6.54%	-14.97%	23.34%	17.87%
EBITDA	418.82	455.88	525.16	612.94	585.23	586.51
EBITDA Margin	39.26%	42.32%	41.39%	45.10%	40.35%	41.36%
D&A For EBITDA	352.8	344.58	334.43	342.2	338.54	335.88
EBIT	66.02	111.3	190.72	270.73	246.69	250.62
EBIT Margin	6.19%	10.33%	15.03%	19.92%	17.01%	17.67%
Effective Tax Rate	28.82%	28.28%	21.22%	25.34%	27.15%	31.05%
Revenue as Reported	1,084	1,096	1,291	1,393	1,456	1,433

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