Anhui Huilong Agricultural Means of Production Co.,Ltd. (SHE:002556)

SHE:002556 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	Jan 1, 2022	Dec 31, 2020
Operating Revenue	15,386	15,519	17,720	18,151	18,962	16,043
Other Revenue	133.1	133.1	112.25	98.76	119.42	59.18
Revenue	15,519	15,652	17,833	18,249	19,081	16,102
Revenue Growth (YoY)	-10.32%	-12.23%	-2.28%	-4.36%	18.50%	-13.55%
Cost of Revenue	14,650	14,796	17,043	16,971	17,646	15,223
Gross Profit	869.1	856.55	790.1	1,278	1,435	879.41
Selling, General & Admin	581.39	578.45	561.67	560.78	690.49	472.94
Research & Development	124.43	130.68	118.39	137.32	115.18	86.08
Other Operating Expenses	10.66	-4.38	5.92	27.12	32.15	19.19
Operating Expenses	748.56	743.21	713.63	728.19	846.98	615.58
Operating Income	120.55	113.33	76.47	549.78	588.33	263.83
Interest Expense	-99.86	-100.56	-97.43	-81.27	-89.27	-110.75
Interest & Investment Income	91.5	137.99	144.55	116.69	94.48	112.28
Currency Exchange Gain (Loss)	2.67	2.67	6.41	-2.63	-4.49	-4.19
Other Non Operating Income (Expenses)	-2.93	-4.14	-4.56	-3.27	-4.03	-5.31
EBT Excluding Unusual Items	111.93	149.29	125.43	579.31	585.02	255.87
Impairment of Goodwill	-3.61	-3.61	-35.29	-25.53	-	-6.15
Gain (Loss) on Sale of Investments	-2.77	2.51	-0.04	-0.72	-21.36	3.2
Gain (Loss) on Sale of Assets	3.9	5.14	2.75	15.55	4.77	9.72
Asset Writedown	4.05	-0.82	-0.05	-10.15	-4.62	-7.65
Other Unusual Items	54.12	54.12	27.11	59.34	44.46	7.76
Pretax Income	167.63	206.63	119.91	617.8	608.27	262.75
Income Tax Expense	29.79	40.46	38.56	118.91	60.83	77.92
Earnings From Continuing Operations	137.83	166.17	81.35	498.88	547.44	184.83
Minority Interest in Earnings	2.45	2.75	-4.82	11.58	-41.44	39.83
Net Income	140.28	168.92	76.54	510.47	506.01	224.67
Net Income to Common	140.28	168.92	76.54	510.47	506.01	224.67
Net Income Growth	371.75%	120.71%	-85.01%	0.88%	125.23%	16.14%
Shares Outstanding (Basic)	936	938	957	963	937	864
Shares Outstanding (Diluted)	936	938	957	963	973	936
Shares Change (YoY)	-0.58%	-1.91%	-0.67%	-1.02%	3.95%	11.30%
EPS (Basic)	0.15	0.18	0.08	0.53	0.54	0.26
EPS (Diluted)	0.15	0.18	0.08	0.53	0.52	0.24
EPS Growth	374.52%	125.00%	-84.91%	1.92%	116.67%	4.35%
Free Cash Flow	61.66	-415.59	-929.82	968.79	-116.45	127.51
Free Cash Flow Per Share	0.07	-0.44	-0.97	1.01	-0.12	0.14
Dividend Per Share	0.200	0.200	0.200	0.300	0.400	0.100
Dividend Growth	-	-	-33.33%	-25.00%	300.00%	-
Gross Margin	5.60%	5.47%	4.43%	7.00%	7.52%	5.46%
Operating Margin	0.78%	0.72%	0.43%	3.01%	3.08%	1.64%
Profit Margin	0.90%	1.08%	0.43%	2.80%	2.65%	1.40%
Free Cash Flow Margin	0.40%	-2.66%	-5.21%	5.31%	-0.61%	0.79%
EBITDA	410.47	398.76	343.91	780.81	770.87	410.36
EBITDA Margin	2.65%	2.55%	1.93%	4.28%	4.04%	2.55%
D&A For EBITDA	289.92	285.43	267.44	231.03	182.54	146.53
EBIT	120.55	113.33	76.47	549.78	588.33	263.83
EBIT Margin	0.78%	0.72%	0.43%	3.01%	3.08%	1.64%
Effective Tax Rate	17.77%	19.58%	32.16%	19.25%	10.00%	29.65%
Revenue as Reported	15,519	15,652	17,833	18,249	19,081	16,102
Advertising Expenses	-	10.56	9.76	12.54	10.28	6.77

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