Harbin Boshi Automation Co., Ltd. (SHE:002698)

Harbin Boshi Automation 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	Dec 31, 2022	Jan 1, 2022	Dec 31, 2020
Operating Revenue	2,900	2,862	2,564	2,153	2,112	1,827
Other Revenue	1.02	1.02	1.44	0.58	0.55	0.81
Revenue	2,901	2,863	2,565	2,154	2,113	1,828
Revenue Growth (YoY)	16.17%	11.59%	19.11%	1.93%	15.59%	25.22%
Cost of Revenue	1,901	1,927	1,653	1,380	1,310	1,067
Gross Profit	1,001	935.2	912.26	773.88	802.89	760.92
Selling, General & Admin	248.99	247.64	213.44	204.86	194.22	176.97
Research & Development	162.76	157.27	145.88	118.69	88.75	71.61
Other Operating Expenses	-53.38	-82.28	-47.3	-15.17	-36.31	-9.22
Operating Expenses	384.72	348.6	337.93	308.34	252.59	256.12
Operating Income	615.83	586.6	574.34	465.55	550.3	504.8
Interest Expense	-18.37	-16.77	-12.52	-4.06	-1.5	-1.73
Interest & Investment Income	31.65	24.53	37.41	18.61	59.36	44.94
Currency Exchange Gain (Loss)	-0.06	-0.06	0.92	6.91	-2.24	-2.05
Other Non Operating Income (Expenses)	-2.8	-2.08	1.66	-3.34	-1.89	-1.66
EBT Excluding Unusual Items	626.25	592.22	601.8	483.67	604.04	544.3
Impairment of Goodwill	-	-	-0.72	-	-	-
Gain (Loss) on Sale of Investments	18.51	10.28	9.01	5.64	-11.77	-0.08
Gain (Loss) on Sale of Assets	-0.39	-0.39	-0.01	-0.12	-0.87	-0.29
Asset Writedown	-0.86	-0.06	-0.07	-0.11	-0.22	-0.2
Other Unusual Items	10.61	10.61	28.05	22.95	11.49	10.72
Pretax Income	654.12	612.66	638.06	512.04	602.67	554.44
Income Tax Expense	74.53	68.44	85.11	64.29	82.78	84.6
Earnings From Continuing Operations	579.59	544.22	552.95	447.75	519.89	469.84
Minority Interest in Earnings	-10.92	-19.99	-19.36	-2.71	-29.56	-64.47
Net Income	568.67	524.23	533.59	445.04	490.33	405.37
Net Income to Common	568.67	524.23	533.59	445.04	490.33	405.37
Net Income Growth	32.56%	-1.75%	19.90%	-9.24%	20.96%	32.00%
Shares Outstanding (Basic)	1,015	1,016	1,023	1,023	1,023	1,023
Shares Outstanding (Diluted)	1,024	1,022	1,028	1,023	1,023	1,023
Shares Change (YoY)	0.06%	-0.61%	0.54%	0.00%	-0.01%	-0.00%
EPS (Basic)	0.56	0.52	0.52	0.44	0.48	0.40
EPS (Diluted)	0.56	0.51	0.52	0.44	0.48	0.40
EPS Growth	32.48%	-1.16%	19.26%	-9.24%	20.96%	32.00%
Free Cash Flow	583.07	542.88	35.66	397.5	374.73	120.45
Free Cash Flow Per Share	0.57	0.53	0.04	0.39	0.37	0.12
Dividend Per Share	0.250	0.250	-	0.250	0.250	0.200
Dividend Growth	-	-	-	-	25.00%	11.11%
Gross Margin	34.49%	32.67%	35.56%	35.93%	38.00%	41.63%
Operating Margin	21.23%	20.49%	22.39%	21.62%	26.04%	27.62%
Profit Margin	19.60%	18.31%	20.80%	20.66%	23.21%	22.18%
Free Cash Flow Margin	20.10%	18.96%	1.39%	18.46%	17.73%	6.59%
EBITDA	651.89	621.52	604.7	497.02	582.73	534.47
EBITDA Margin	22.47%	21.71%	23.57%	23.08%	27.58%	29.24%
D&A For EBITDA	36.06	34.92	30.36	31.47	32.43	29.67
EBIT	615.83	586.6	574.34	465.55	550.3	504.8
EBIT Margin	21.23%	20.49%	22.39%	21.62%	26.04%	27.62%
Effective Tax Rate	11.39%	11.17%	13.34%	12.56%	13.73%	15.26%
Revenue as Reported	2,901	2,863	2,565	2,154	2,113	1,828
Advertising Expenses	-	-	-	2.56	2.68	1.84

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