Suzhou Hycan Holdings Co., Ltd. (SHE:002787)

Suzhou Hycan Holdings 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	2,312	2,417	2,385	2,240	2,301	1,753
Other Revenue	32.68	32.68	25.57	24.64	47.19	29.02
Revenue	2,345	2,449	2,411	2,264	2,348	1,782
Revenue Growth (YoY)	-6.22%	1.60%	6.47%	-3.57%	31.78%	6.94%
Cost of Revenue	1,981	2,095	2,083	1,984	2,009	1,458
Gross Profit	363.25	354.2	328.09	280.57	339.36	323.56
Selling, General & Admin	153.48	160.03	140.5	137.42	121.75	106.55
Research & Development	83.85	86.66	89.94	86.15	83.91	67.56
Other Operating Expenses	2.99	-4.44	2.41	12.05	11.82	9.98
Operating Expenses	233.1	240.95	235.24	229.95	210.97	217.97
Operating Income	130.15	113.25	92.86	50.62	128.39	105.58
Interest Expense	-10.63	-28.88	-43.43	-45.91	-52.44	-36.37
Interest & Investment Income	2.5	1.78	2.55	2.06	2.32	7.12
Currency Exchange Gain (Loss)	0.06	0.06	-0.17	-1.36	2.45	-0.23
Other Non Operating Income (Expenses)	-0.48	-0.74	-0.41	-0.67	-0.78	-0.43
EBT Excluding Unusual Items	121.6	85.47	51.4	4.74	79.92	75.67
Impairment of Goodwill	-	-	-45.83	-62.94	-57.09	-26.81
Gain (Loss) on Sale of Investments	-1.51	-1.51	-0.35	-2.48	-	-
Gain (Loss) on Sale of Assets	8.26	8.53	0.45	0.26	0.08	4.92
Asset Writedown	-2.5	-2.75	-1.13	-0.21	-0.82	-0.94
Other Unusual Items	4.84	4.61	4.49	77.07	5.93	5.14
Pretax Income	130.69	94.34	9.03	16.44	28.03	57.98
Income Tax Expense	35.11	25.81	0.9	5.18	10.05	10.59
Earnings From Continuing Operations	95.58	68.54	8.13	11.27	17.98	47.4
Minority Interest in Earnings	2.09	2.2	0.3	-0.32	-0.4	-0.89
Net Income	97.67	70.74	8.43	10.94	17.58	46.51
Net Income to Common	97.67	70.74	8.43	10.94	17.58	46.51
Net Income Growth	124.40%	739.00%	-22.94%	-37.76%	-62.20%	-31.03%
Shares Outstanding (Basic)	334	322	281	365	293	310
Shares Outstanding (Diluted)	334	322	281	365	293	310
Shares Change (YoY)	22.35%	14.41%	-22.94%	24.48%	-5.50%	1.16%
EPS (Basic)	0.29	0.22	0.03	0.03	0.06	0.15
EPS (Diluted)	0.29	0.22	0.03	0.03	0.06	0.15
EPS Growth	83.42%	633.33%	-	-50.00%	-60.00%	-31.82%
Free Cash Flow	555.45	83.47	62.96	287.88	-105.16	-263.67
Free Cash Flow Per Share	1.66	0.26	0.22	0.79	-0.36	-0.85
Dividend Per Share	0.100	0.100	-	-	-	0.050
Dividend Growth	-	-	-	-	-	-50.00%
Gross Margin	15.49%	14.46%	13.61%	12.39%	14.45%	18.16%
Operating Margin	5.55%	4.62%	3.85%	2.24%	5.47%	5.93%
Profit Margin	4.17%	2.89%	0.35%	0.48%	0.75%	2.61%
Free Cash Flow Margin	23.69%	3.41%	2.61%	12.71%	-4.48%	-14.80%
EBITDA	205.07	204.85	206.7	140.93	204.48	165.63
EBITDA Margin	8.75%	8.36%	8.57%	6.22%	8.71%	9.29%
D&A For EBITDA	74.92	91.6	113.85	90.32	76.09	60.04
EBIT	130.15	113.25	92.86	50.62	128.39	105.58
EBIT Margin	5.55%	4.62%	3.85%	2.24%	5.47%	5.93%
Effective Tax Rate	26.87%	27.35%	9.93%	31.50%	35.86%	18.26%
Revenue as Reported	2,345	2,449	2,411	2,264	2,348	1,782

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