Qingdao Hanhe Cable Co.,Ltd (SHE:002498)

SHE:002498 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	Jan 1, 2022	Dec 31, 2020
Operating Revenue	9,201	9,011	9,506	9,842	8,981	6,833
Other Revenue	315.45	248.84	152.24	-	-	118.69
Revenue	9,517	9,260	9,658	9,842	8,981	6,952
Revenue Growth (YoY)	-1.26%	-4.12%	-1.87%	9.58%	29.19%	12.50%
Cost of Revenue	8,144	7,708	7,762	7,854	7,140	5,404
Gross Profit	1,373	1,552	1,896	1,988	1,841	1,548
Selling, General & Admin	438.86	454.39	442.67	415.3	396.83	482.15
Research & Development	464.83	509.98	613.64	597.17	486.18	402.84
Other Operating Expenses	-30.2	-47.77	-49.29	30.8	32.28	27.02
Operating Expenses	980.21	1,013	1,071	1,183	969.76	943.66
Operating Income	392.84	538.92	825.51	804.89	871.38	604.58
Interest Expense	-18.88	-24.14	-15.74	-20.34	-5.89	-1.46
Interest & Investment Income	177.29	158.51	102.94	59.37	43.24	52.86
Currency Exchange Gain (Loss)	3.96	4.47	-2.02	0.18	2.35	-2.51
Other Non Operating Income (Expenses)	-3.57	-2.88	-1.96	-1.74	-6.09	-2.66
EBT Excluding Unusual Items	551.63	674.89	908.73	842.36	904.99	650.81
Gain (Loss) on Sale of Investments	18.04	8.49	-83.51	-51.84	0.68	2.04
Gain (Loss) on Sale of Assets	1.64	1.5	1.76	0.04	0.47	0.02
Asset Writedown	-1.11	-1.03	-0.89	-0.69	-0.7	-0.46
Other Unusual Items	43.2	41.32	38.48	90.39	-21.76	21.27
Pretax Income	613.41	725.17	864.56	880.26	883.68	673.67
Income Tax Expense	60.44	83.6	113.51	102.5	112.26	90.63
Earnings From Continuing Operations	552.98	641.57	751.05	777.76	771.42	583.05
Minority Interest in Earnings	8.05	13.56	9.03	7.91	5.74	0.26
Net Income	561.03	655.13	760.08	785.68	777.15	583.3
Net Income to Common	561.03	655.13	760.08	785.68	777.15	583.3
Net Income Growth	-21.89%	-13.81%	-3.26%	1.10%	33.23%	33.94%
Shares Outstanding (Basic)	3,328	3,327	3,326	3,326	3,327	3,241
Shares Outstanding (Diluted)	3,328	3,327	3,326	3,326	3,327	3,241
Shares Change (YoY)	0.02%	0.03%	0.00%	-0.02%	2.66%	-3.26%
EPS (Basic)	0.17	0.20	0.23	0.24	0.23	0.18
EPS (Diluted)	0.17	0.20	0.23	0.24	0.23	0.18
EPS Growth	-21.91%	-13.83%	-3.26%	1.11%	29.78%	38.46%
Free Cash Flow	-57.83	28.19	871.43	-254.51	-14.18	725.27
Free Cash Flow Per Share	-0.02	0.01	0.26	-0.08	-0.00	0.22
Dividend Per Share	0.040	0.040	0.036	0.036	0.036	0.036
Dividend Growth	11.11%	11.11%	-	-	-	-
Gross Margin	14.43%	16.76%	19.63%	20.20%	20.50%	22.27%
Operating Margin	4.13%	5.82%	8.55%	8.18%	9.70%	8.70%
Profit Margin	5.90%	7.07%	7.87%	7.98%	8.65%	8.39%
Free Cash Flow Margin	-0.61%	0.30%	9.02%	-2.59%	-0.16%	10.43%
EBITDA	522.3	661.94	929.98	888.97	963.15	673.6
EBITDA Margin	5.49%	7.15%	9.63%	9.03%	10.72%	9.69%
D&A For EBITDA	129.46	123.02	104.47	84.08	91.77	69.03
EBIT	392.84	538.92	825.51	804.89	871.38	604.58
EBIT Margin	4.13%	5.82%	8.55%	8.18%	9.70%	8.70%
Effective Tax Rate	9.85%	11.53%	13.13%	11.64%	12.70%	13.45%
Revenue as Reported	9,517	9,260	9,658	9,842	8,981	6,952
Advertising Expenses	-	-	-	0.54	1.05	0.85

Source: S&P Global Market Intelligence. Standard template. Financial Sources.