Hefei Meyer Optoelectronic Technology Inc. (SHE:002690)

SHE:002690 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	2,361	2,274	2,389	2,050	1,789	1,478
Other Revenue	41.9	36.41	36.32	67.42	24.03	17.69
Revenue	2,403	2,311	2,425	2,117	1,813	1,496
Revenue Growth (YoY)	0.62%	-4.73%	14.55%	16.79%	21.18%	-0.32%
Cost of Revenue	1,178	1,146	1,196	995.82	889.8	720.86
Gross Profit	1,225	1,165	1,229	1,121	923.08	775.11
Selling, General & Admin	410.42	401.98	366.2	332.91	292.01	233.78
Research & Development	170.87	159.53	148.69	122.57	123.43	104.31
Other Operating Expenses	-42.82	-51.24	-54.77	-51.72	-49.59	-38.98
Operating Expenses	527.17	506.39	476.21	411.81	364.25	305.19
Operating Income	697.51	658.48	753.12	709.63	558.83	469.92
Interest & Investment Income	49.01	46.07	43.47	29.61	30.75	47.47
Currency Exchange Gain (Loss)	8.31	19.46	8.38	79.38	-14.77	-27.08
Other Non Operating Income (Expenses)	-1.03	-1.18	35.87	-1.12	-1.8	-1.4
EBT Excluding Unusual Items	753.8	722.84	840.83	817.5	573.01	488.91
Gain (Loss) on Sale of Investments	-0	0.6	0.08	-0.59	1.07	-
Asset Writedown	-0.06	-0.01	0.01	-7.02	-0.47	-0.02
Other Unusual Items	26.71	20.87	20.05	28.2	7.87	15.79
Pretax Income	780.45	744.29	860.98	838.08	581.48	504.68
Income Tax Expense	100.43	95.12	116.15	107.97	70.39	66.49
Earnings From Continuing Operations	680.01	649.17	744.83	730.11	511.09	438.19
Net Income	680.01	649.17	744.83	730.11	511.09	438.19
Net Income to Common	680.01	649.17	744.83	730.11	511.09	438.19
Net Income Growth	1.42%	-12.84%	2.02%	42.85%	16.64%	-19.53%
Shares Outstanding (Basic)	880	881	881	881	879	879
Shares Outstanding (Diluted)	880	881	881	881	879	879
Shares Change (YoY)	-0.10%	0.01%	-0.05%	0.25%	-0.01%	0.01%
EPS (Basic)	0.77	0.74	0.85	0.83	0.58	0.50
EPS (Diluted)	0.77	0.74	0.85	0.83	0.58	0.50
EPS Growth	1.52%	-12.85%	2.06%	42.50%	16.65%	-19.54%
Free Cash Flow	1,061	858.42	641.69	240.1	477.16	323
Free Cash Flow Per Share	1.21	0.97	0.73	0.27	0.54	0.37
Dividend Per Share	0.700	0.700	0.700	0.700	0.615	0.615
Dividend Growth	-	-	-	13.75%	-	-
Gross Margin	50.96%	50.41%	50.69%	52.97%	50.92%	51.81%
Operating Margin	29.03%	28.50%	31.05%	33.52%	30.83%	31.41%
Profit Margin	28.30%	28.09%	30.71%	34.48%	28.19%	29.29%
Free Cash Flow Margin	44.14%	37.15%	26.46%	11.34%	26.32%	21.59%
EBITDA	729.5	691.45	786.79	738.52	583.62	486.7
EBITDA Margin	30.36%	29.92%	32.44%	34.88%	32.19%	32.53%
D&A For EBITDA	31.98	32.97	33.67	28.9	24.78	16.77
EBIT	697.51	658.48	753.12	709.63	558.83	469.92
EBIT Margin	29.03%	28.50%	31.05%	33.52%	30.83%	31.41%
Effective Tax Rate	12.87%	12.78%	13.49%	12.88%	12.11%	13.18%
Revenue as Reported	2,403	2,311	2,425	2,117	1,813	1,496
Advertising Expenses	-	9.06	7.65	2.55	3.62	3.95

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