Wuxi Honghui New Materials Technology Co., Ltd. (SHE:002802)

SHE:002802 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	479.35	455.03	372.71	516.34	748.76	544.59
Other Revenue	0.48	0.48	0.07	0.15	0.5	0.12
Revenue	479.83	455.51	372.79	516.49	749.26	544.72
Revenue Growth (YoY)	33.32%	22.19%	-27.82%	-31.07%	37.55%	1.25%
Cost of Revenue	339.71	323.96	254.04	361.93	584.99	381.3
Gross Profit	140.12	131.55	118.75	154.56	164.27	163.41
Selling, General & Admin	44.34	43.34	43.07	39.53	38.75	33.66
Research & Development	24.49	26.75	27.15	28.49	27.39	23.24
Other Operating Expenses	1.28	1.18	1.75	4.2	4.31	4.39
Operating Expenses	70.69	71.69	72.57	69.7	70.49	62.26
Operating Income	69.43	59.86	46.18	84.86	93.78	101.15
Interest Expense	-0.01	-0.01	-0.01	-0.01	-0	-0.06
Interest & Investment Income	4.78	5.04	5.67	4.56	4.4	5.28
Currency Exchange Gain (Loss)	1.48	1.48	1.08	4.1	-0.83	-1.85
Other Non Operating Income (Expenses)	-0.52	-0.33	-0.24	-0.26	-0.26	-0.28
EBT Excluding Unusual Items	75.15	66.04	52.68	93.25	97.09	104.25
Gain (Loss) on Sale of Investments	2.15	2.42	3.13	1.97	0.74	1.44
Gain (Loss) on Sale of Assets	0.1	0.15	2.81	0.17	0.15	0.34
Asset Writedown	-0.1	-0.09	-0.06	-0.02	-0.19	-0.63
Other Unusual Items	0.43	0.18	2.21	1.22	1.24	2.19
Pretax Income	77.74	68.71	60.76	96.59	99.03	107.58
Income Tax Expense	10.9	9.47	9.88	12.03	13.21	15.67
Earnings From Continuing Operations	66.84	59.24	50.88	84.56	85.82	91.9
Minority Interest in Earnings	-	-	-	-	0.12	-
Net Income	66.84	59.24	50.88	84.56	85.93	91.9
Net Income to Common	66.84	59.24	50.88	84.56	85.93	91.9
Net Income Growth	51.24%	16.43%	-39.83%	-1.60%	-6.50%	4.09%
Shares Outstanding (Basic)	180	180	182	180	180	179
Shares Outstanding (Diluted)	180	180	182	180	180	179
Shares Change (YoY)	-3.13%	-1.21%	1.00%	-0.15%	0.93%	-1.89%
EPS (Basic)	0.37	0.33	0.28	0.47	0.48	0.51
EPS (Diluted)	0.37	0.33	0.28	0.47	0.48	0.51
EPS Growth	56.13%	17.86%	-40.43%	-1.45%	-7.36%	6.10%
Free Cash Flow	5.25	16.05	76.88	171.87	58.82	79.9
Free Cash Flow Per Share	0.03	0.09	0.42	0.95	0.33	0.45
Dividend Per Share	0.220	0.220	0.250	0.462	0.237	0.473
Dividend Growth	-12.00%	-12.00%	-45.83%	94.97%	-50.00%	59.99%
Gross Margin	29.20%	28.88%	31.86%	29.93%	21.92%	30.00%
Operating Margin	14.47%	13.14%	12.39%	16.43%	12.52%	18.57%
Profit Margin	13.93%	13.00%	13.65%	16.37%	11.47%	16.87%
Free Cash Flow Margin	1.09%	3.52%	20.62%	33.27%	7.85%	14.67%
EBITDA	88.26	79.17	67.41	109.46	121.01	127.56
EBITDA Margin	18.39%	17.38%	18.08%	21.19%	16.15%	23.42%
D&A For EBITDA	18.83	19.31	21.23	24.6	27.23	26.41
EBIT	69.43	59.86	46.18	84.86	93.78	101.15
EBIT Margin	14.47%	13.14%	12.39%	16.43%	12.52%	18.57%
Effective Tax Rate	14.02%	13.78%	16.26%	12.46%	13.34%	14.57%
Revenue as Reported	479.83	455.51	372.79	516.49	749.26	544.72

Updated Oct 27, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.