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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,059	1,066	1,259	1,342	1,363	1,418
Other Revenue	9.61	11.08	10.11	16.92	87.15	-
Revenue	1,069	1,077	1,269	1,359	1,450	1,418
Revenue Growth (YoY)	-12.83%	-15.10%	-6.63%	-6.30%	2.29%	1.28%
Cost of Revenue	711.05	714.83	785.36	831.48	816.87	848.08
Gross Profit	357.77	362.41	483.5	527.52	633.55	569.93
Selling, General & Admin	193.44	203.59	230.75	187.8	191.31	216.49
Research & Development	2.53	5.61	14.41	13.11	12.76	8.11
Other Operating Expenses	47.24	46.23	55.08	71.17	132.89	64.78
Operating Expenses	244.9	251.11	292.78	256.79	386.86	319.3
Operating Income	112.86	111.3	190.72	270.73	246.69	250.62
Interest Expense	-46.99	-45.98	-61.04	-54.44	-31.23	-
Interest & Investment Income	105.13	106.9	139.06	124.22	156.38	27.57
Currency Exchange Gain (Loss)	-	-	-	0	5.31	-
Other Non Operating Income (Expenses)	-0.72	-0.94	-1.23	-2.27	-0.75	13.31
EBT Excluding Unusual Items	170.28	171.28	267.52	338.25	376.4	291.5
Gain (Loss) on Sale of Investments	-2.32	-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	14.97	14.97	14.58	97.53	76.55	-
Pretax Income	182.88	184.53	277.61	410.4	454.24	292.22
Income Tax Expense	53	52.18	58.92	103.98	123.31	90.73
Earnings From Continuing Operations	129.88	132.35	218.7	306.42	330.93	201.48
Earnings From Discontinued Operations	-	-	-	-	-	-11.01
Net Income to Company	129.88	132.35	218.7	306.42	330.93	190.47
Minority Interest in Earnings	-40.42	-43.51	-41.2	-36.29	-3.03	4.1
Net Income	89.46	88.84	177.5	270.13	327.9	194.57
Net Income to Common	89.46	88.84	177.5	270.13	327.9	194.57
Net Income Growth	-21.45%	-49.95%	-34.29%	-17.62%	68.52%	-30.35%
Shares Outstanding (Basic)	1,272	1,269	1,268	1,286	1,261	1,297
Shares Outstanding (Diluted)	1,272	1,269	1,268	1,286	1,261	1,297
Shares Change (YoY)	1.24%	0.10%	-1.44%	2.00%	-2.77%	2.16%
EPS (Basic)	0.07	0.07	0.14	0.21	0.26	0.15
EPS (Diluted)	0.07	0.07	0.14	0.21	0.26	0.15
EPS Growth	-22.42%	-50.00%	-33.33%	-19.23%	73.33%	-31.82%
Free Cash Flow	502.31	265.46	-83.01	-203.47	338.56	253.46
Free Cash Flow Per Share	0.40	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	33.47%	33.64%	38.10%	38.82%	43.68%	40.19%
Operating Margin	10.56%	10.33%	15.03%	19.92%	17.01%	17.67%
Profit Margin	8.37%	8.25%	13.99%	19.88%	22.61%	13.72%
Free Cash Flow Margin	47.00%	24.64%	-6.54%	-14.97%	23.34%	17.87%
EBITDA	459.98	455.88	525.16	612.94	585.23	586.51
EBITDA Margin	43.04%	42.32%	41.39%	45.10%	40.35%	41.36%
D&A For EBITDA	347.11	344.58	334.43	342.2	338.54	335.88
EBIT	112.86	111.3	190.72	270.73	246.69	250.62
EBIT Margin	10.56%	10.33%	15.03%	19.92%	17.01%	17.67%
Effective Tax Rate	28.98%	28.28%	21.22%	25.34%	27.15%	31.05%
Revenue as Reported	1,088	1,096	1,291	1,393	1,456	1,433

Updated Oct 25, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.