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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	397.12	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	412.54	376.32	269.32	253.01	222.59	169.2
Revenue Growth (YoY)	50.83%	39.73%	6.44%	13.67%	31.56%	-4.99%
Cost of Revenue	274.95	256.96	187.33	161.75	148.46	100.84
Gross Profit	137.59	119.36	81.99	91.26	74.12	68.36
Selling, General & Admin	60.45	58.76	48.61	37.78	31.39	36.46
Research & Development	22.77	21.63	19.48	20.04	10	7.85
Other Operating Expenses	4.1	2.91	3.85	2.99	3.79	3.42
Operating Expenses	87.06	82.62	73.69	62.44	45.5	48.05
Operating Income	50.52	36.74	8.3	28.83	28.62	20.31
Interest Expense	-0.98	-0.88	-2.15	-1.49	-0.53	-0.42
Interest & Investment Income	2.2	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)	0.18	0.09	0.21	-0.29	-1.27	-0.07
EBT Excluding Unusual Items	52.35	38.42	15.05	29.19	27.35	18.5
Gain (Loss) on Sale of Investments	0.21	0.31	-0.13	-2.85	-0.45	-
Gain (Loss) on Sale of Assets	-0.18	0.01	-	4.96	-0.01	-2.43
Asset Writedown	-2.56	-0.18	0.25	-0.06	-0.36	-0.01
Other Unusual Items	3.56	1.74	2.16	1.9	2	-1.56
Pretax Income	53.39	40.3	17.34	33.14	28.52	14.5
Income Tax Expense	5.41	3.6	-0.75	2.8	4.38	3.72
Earnings From Continuing Operations	47.98	36.7	18.09	30.34	24.14	10.78
Minority Interest in Earnings	-	-	0.05	0.06	-	-
Net Income	47.98	36.7	18.14	30.4	24.14	10.78
Net Income to Common	47.98	36.7	18.14	30.4	24.14	10.78
Net Income Growth	155.15%	102.36%	-40.34%	25.93%	123.85%	-50.09%
Shares Outstanding (Basic)	181	184	181	179	186	185
Shares Outstanding (Diluted)	181	184	181	179	186	185
Shares Change (YoY)	-3.08%	1.18%	1.42%	-3.70%	0.39%	-0.18%
EPS (Basic)	0.26	0.20	0.10	0.17	0.13	0.06
EPS (Diluted)	0.26	0.20	0.10	0.17	0.13	0.06
EPS Growth	163.25%	100.00%	-41.18%	30.77%	122.99%	-50.00%
Free Cash Flow	-46.59	-12.46	-21.35	-16.67	13.27	27.4
Free Cash Flow Per Share	-0.26	-0.07	-0.12	-0.09	0.07	0.15
Dividend Per Share	0.028	0.028	0.028	-	0.020	0.015
Dividend Growth	-	-	-	-	39.73%	-42.74%
Gross Margin	33.35%	31.72%	30.44%	36.07%	33.30%	40.40%
Operating Margin	12.25%	9.76%	3.08%	11.39%	12.86%	12.00%
Profit Margin	11.63%	9.75%	6.73%	12.02%	10.85%	6.37%
Free Cash Flow Margin	-11.29%	-3.31%	-7.93%	-6.59%	5.96%	16.19%
EBITDA	62.85	49.22	21.35	41.11	40.57	33.34
EBITDA Margin	15.24%	13.08%	7.93%	16.25%	18.23%	19.70%
D&A For EBITDA	12.33	12.47	13.05	12.28	11.95	13.03
EBIT	50.52	36.74	8.3	28.83	28.62	20.31
EBIT Margin	12.25%	9.76%	3.08%	11.39%	12.86%	12.00%
Effective Tax Rate	10.14%	8.93%	-	8.45%	15.37%	25.63%
Revenue as Reported	412.54	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.