Hollyland (China) Electronics Technology Corporation Limited (SHE:002729)

SHE:002729 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	Jan 1, 2022	Dec 31, 2020
Operating Revenue	407.1	360.9	246.87	230.57	208.36	157.88
Other Revenue	15.42	15.42	22.45	22.44	14.23	11.31
Revenue	422.52	376.32	269.32	253.01	222.59	169.2
Revenue Growth (YoY)	20.16%	39.73%	6.44%	13.67%	31.56%	-4.99%
Cost of Revenue	281.42	256.96	187.33	161.75	148.46	100.84
Gross Profit	141.1	119.36	81.99	91.26	74.12	68.36
Selling, General & Admin	67.66	58.76	48.61	37.78	31.39	36.46
Research & Development	27.52	21.63	19.48	20.04	10	7.85
Other Operating Expenses	4.88	2.91	3.85	2.99	3.79	3.42
Operating Expenses	99.66	82.62	73.69	62.44	45.5	48.05
Operating Income	41.43	36.74	8.3	28.83	28.62	20.31
Interest Expense	-1.12	-0.88	-2.15	-1.49	-0.53	-0.42
Interest & Investment Income	1.81	2.04	8.68	0.9	1.35	1.43
Currency Exchange Gain (Loss)	0.43	0.43	0.01	1.24	-0.83	-2.75
Other Non Operating Income (Expenses)	0.76	0.09	0.21	-0.29	-1.27	-0.07
EBT Excluding Unusual Items	43.31	38.42	15.05	29.19	27.35	18.5
Gain (Loss) on Sale of Investments	0.04	0.31	-0.13	-2.85	-0.45	-
Gain (Loss) on Sale of Assets	-0.22	0.01	-	4.96	-0.01	-2.43
Asset Writedown	-1.98	-0.18	0.25	-0.06	-0.36	-0.01
Other Unusual Items	4.78	1.74	2.16	1.9	2	-1.56
Pretax Income	45.93	40.3	17.34	33.14	28.52	14.5
Income Tax Expense	4.33	3.6	-0.75	2.8	4.38	3.72
Earnings From Continuing Operations	41.6	36.7	18.09	30.34	24.14	10.78
Minority Interest in Earnings	-	-	0.05	0.06	-	-
Net Income	41.6	36.7	18.14	30.4	24.14	10.78
Net Income to Common	41.6	36.7	18.14	30.4	24.14	10.78
Net Income Growth	19.55%	102.36%	-40.34%	25.93%	123.85%	-50.09%
Shares Outstanding (Basic)	188	184	181	179	186	185
Shares Outstanding (Diluted)	188	184	181	179	186	185
Shares Change (YoY)	1.63%	1.18%	1.42%	-3.70%	0.39%	-0.18%
EPS (Basic)	0.22	0.20	0.10	0.17	0.13	0.06
EPS (Diluted)	0.22	0.20	0.10	0.17	0.13	0.06
EPS Growth	17.63%	100.00%	-41.18%	30.77%	122.99%	-50.00%
Free Cash Flow	0.01	-12.46	-21.35	-16.67	13.27	27.4
Free Cash Flow Per Share	-	-0.07	-0.12	-0.09	0.07	0.15
Dividend Per Share	0.056	0.028	0.028	-	0.020	0.015
Dividend Growth	100.00%	-	-	-	39.73%	-42.74%
Gross Margin	33.39%	31.72%	30.44%	36.07%	33.30%	40.40%
Operating Margin	9.81%	9.76%	3.08%	11.39%	12.86%	12.00%
Profit Margin	9.84%	9.75%	6.73%	12.02%	10.85%	6.37%
Free Cash Flow Margin	0.00%	-3.31%	-7.93%	-6.59%	5.96%	16.19%
EBITDA	53.47	49.22	21.35	41.11	40.57	33.34
EBITDA Margin	12.66%	13.08%	7.93%	16.25%	18.23%	19.70%
D&A For EBITDA	12.04	12.47	13.05	12.28	11.95	13.03
EBIT	41.43	36.74	8.3	28.83	28.62	20.31
EBIT Margin	9.81%	9.76%	3.08%	11.39%	12.86%	12.00%
Effective Tax Rate	9.43%	8.93%	-	8.45%	15.37%	25.63%
Revenue as Reported	422.52	376.32	269.32	253.01	222.59	169.2
Advertising Expenses	-	2.4	0.5	0.41	1.15	1.24

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