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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,053	1,066	1,259	1,342	1,363	1,418
Other Revenue	11.08	11.08	10.11	16.92	87.15	-
Revenue	1,064	1,077	1,269	1,359	1,450	1,418
Revenue Growth (YoY)	-11.34%	-15.10%	-6.63%	-6.30%	2.29%	1.28%
Cost of Revenue	709.49	714.83	785.36	831.48	816.87	848.08
Gross Profit	354.15	362.41	483.5	527.52	633.55	569.93
Selling, General & Admin	194.8	203.59	230.75	187.8	191.31	216.49
Research & Development	-1.66	5.61	14.41	13.11	12.76	8.11
Other Operating Expenses	57.48	46.23	55.08	71.17	132.89	64.78
Operating Expenses	263.98	251.11	292.78	256.79	386.86	319.3
Operating Income	90.17	111.3	190.72	270.73	246.69	250.62
Interest Expense	-43.66	-45.98	-61.04	-54.44	-31.23	-
Interest & Investment Income	119.34	106.9	139.06	124.22	156.38	27.57
Currency Exchange Gain (Loss)	-	-	-	0	5.31	-
Other Non Operating Income (Expenses)	-0.14	-0.94	-1.23	-2.27	-0.75	13.31
EBT Excluding Unusual Items	165.7	171.28	267.52	338.25	376.4	291.5
Gain (Loss) on Sale of Investments	-0.33	-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	-10.19	-	-	-35.79	-0.04	-
Other Unusual Items	9.07	14.97	14.58	97.53	76.55	-
Pretax Income	164.21	184.53	277.61	410.4	454.24	292.22
Income Tax Expense	53.17	52.18	58.92	103.98	123.31	90.73
Earnings From Continuing Operations	111.04	132.35	218.7	306.42	330.93	201.48
Earnings From Discontinued Operations	-	-	-	-	-	-11.01
Net Income to Company	111.04	132.35	218.7	306.42	330.93	190.47
Minority Interest in Earnings	-34.59	-43.51	-41.2	-36.29	-3.03	4.1
Net Income	76.45	88.84	177.5	270.13	327.9	194.57
Net Income to Common	76.45	88.84	177.5	270.13	327.9	194.57
Net Income Growth	-33.75%	-49.95%	-34.29%	-17.62%	68.52%	-30.35%
Shares Outstanding (Basic)	1,264	1,269	1,268	1,286	1,261	1,297
Shares Outstanding (Diluted)	1,264	1,269	1,268	1,286	1,261	1,297
Shares Change (YoY)	8.68%	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	-39.04%	-50.00%	-33.33%	-19.23%	73.33%	-31.82%
Free Cash Flow	-23.26	265.46	-83.01	-203.47	338.56	253.46
Free Cash Flow Per Share	-0.02	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	33.30%	33.64%	38.10%	38.82%	43.68%	40.19%
Operating Margin	8.48%	10.33%	15.03%	19.92%	17.01%	17.67%
Profit Margin	7.19%	8.25%	13.99%	19.88%	22.61%	13.72%
Free Cash Flow Margin	-2.19%	24.64%	-6.54%	-14.97%	23.34%	17.87%
EBITDA	442.35	455.88	525.16	612.94	585.23	586.51
EBITDA Margin	41.59%	42.32%	41.39%	45.10%	40.35%	41.36%
D&A For EBITDA	352.18	344.58	334.43	342.2	338.54	335.88
EBIT	90.17	111.3	190.72	270.73	246.69	250.62
EBIT Margin	8.48%	10.33%	15.03%	19.92%	17.01%	17.67%
Effective Tax Rate	32.38%	28.28%	21.22%	25.34%	27.15%	31.05%
Revenue as Reported	1,077	1,096	1,291	1,393	1,456	1,433

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