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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	2,397	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	2,430	2,449	2,411	2,264	2,348	1,782
Revenue Growth (YoY)	-1.15%	1.60%	6.47%	-3.57%	31.78%	6.94%
Cost of Revenue	2,077	2,095	2,083	1,984	2,009	1,458
Gross Profit	353.17	354.2	328.09	280.57	339.36	323.56
Selling, General & Admin	154.59	160.03	140.5	137.42	121.75	106.55
Research & Development	85.31	86.66	89.94	86.15	83.91	67.56
Other Operating Expenses	1.38	-4.44	2.41	12.05	11.82	9.98
Operating Expenses	243.05	240.95	235.24	229.95	210.97	217.97
Operating Income	110.12	113.25	92.86	50.62	128.39	105.58
Interest Expense	-24.06	-28.88	-43.43	-45.91	-52.44	-36.37
Interest & Investment Income	2.07	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)	0.01	-0.74	-0.41	-0.67	-0.78	-0.43
EBT Excluding Unusual Items	88.19	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	-1.39	-1.51	-0.35	-2.48	-	-
Gain (Loss) on Sale of Assets	8.8	8.53	0.45	0.26	0.08	4.92
Asset Writedown	-2.23	-2.75	-1.13	-0.21	-0.82	-0.94
Other Unusual Items	3.85	4.61	4.49	77.07	5.93	5.14
Pretax Income	97.22	94.34	9.03	16.44	28.03	57.98
Income Tax Expense	25.75	25.81	0.9	5.18	10.05	10.59
Earnings From Continuing Operations	71.47	68.54	8.13	11.27	17.98	47.4
Minority Interest in Earnings	2.14	2.2	0.3	-0.32	-0.4	-0.89
Net Income	73.61	70.74	8.43	10.94	17.58	46.51
Net Income to Common	73.61	70.74	8.43	10.94	17.58	46.51
Net Income Growth	187.11%	739.00%	-22.94%	-37.76%	-62.20%	-31.03%
Shares Outstanding (Basic)	333	322	281	365	293	310
Shares Outstanding (Diluted)	333	322	281	365	293	310
Shares Change (YoY)	7.57%	14.41%	-22.94%	24.48%	-5.50%	1.16%
EPS (Basic)	0.22	0.22	0.03	0.03	0.06	0.15
EPS (Diluted)	0.22	0.22	0.03	0.03	0.06	0.15
EPS Growth	166.92%	633.33%	-	-50.00%	-60.00%	-31.82%
Free Cash Flow	222.76	83.47	62.96	287.88	-105.16	-263.67
Free Cash Flow Per Share	0.67	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	14.53%	14.46%	13.61%	12.39%	14.45%	18.16%
Operating Margin	4.53%	4.62%	3.85%	2.24%	5.47%	5.93%
Profit Margin	3.03%	2.89%	0.35%	0.48%	0.75%	2.61%
Free Cash Flow Margin	9.17%	3.41%	2.61%	12.71%	-4.48%	-14.80%
EBITDA	196.16	204.85	206.7	140.93	204.48	165.63
EBITDA Margin	8.07%	8.36%	8.57%	6.22%	8.71%	9.29%
D&A For EBITDA	86.04	91.6	113.85	90.32	76.09	60.04
EBIT	110.12	113.25	92.86	50.62	128.39	105.58
EBIT Margin	4.53%	4.62%	3.85%	2.24%	5.47%	5.93%
Effective Tax Rate	26.49%	27.35%	9.93%	31.50%	35.86%	18.26%
Revenue as Reported	2,430	2,449	2,411	2,264	2,348	1,782

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