Hubei W-olf Photoelectric Technology Co., Ltd. (SHE:002962)

SHE:002962 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	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,147	1,075	834.38	1,022	782.54	587.78
Other Revenue	9.01	9.01	6.73	7.34	5.47	0.76
Revenue	1,156	1,084	841.11	1,029	788.01	588.54
Revenue Growth (YoY)	7.47%	28.88%	-18.29%	30.64%	33.89%	-19.02%
Cost of Revenue	1,020	922.31	723.71	872.89	621.2	383.04
Gross Profit	136.06	161.69	117.39	156.53	166.81	205.51
Selling, General & Admin	58.25	55.3	44.26	61.74	71.29	53.84
Research & Development	71.16	73.9	46.15	47.56	39.91	35.05
Other Operating Expenses	3.67	4.83	2.26	7.41	-14.53	4.06
Operating Expenses	134.09	133.49	93.1	112.95	95.01	91.07
Operating Income	1.97	28.2	24.29	43.57	71.8	114.44
Interest Expense	-1.76	-1.18	-0.22	-0.14	-1.2	-0.93
Interest & Investment Income	29.1	31.57	37.45	37.37	29.34	23.54
Currency Exchange Gain (Loss)	-0.59	-0.59	-1.55	2.24	-4.43	-2.02
Other Non Operating Income (Expenses)	0.87	-0.07	-0.07	-0.07	-1.81	-0.24
EBT Excluding Unusual Items	29.6	57.92	59.91	82.97	93.7	134.8
Gain (Loss) on Sale of Investments	-0.6	-0.63	-1.18	-0.46	-0.35	-
Gain (Loss) on Sale of Assets	-0.14	0.73	0.51	-0.09	0.78	0.1
Asset Writedown	-0.49	-0.2	-0.15	-0.01	-0.19	-
Other Unusual Items	7.41	7.62	12.77	18.5	-	24.08
Pretax Income	35.78	65.44	71.85	100.92	93.94	158.98
Income Tax Expense	2.74	4.69	3.67	9.84	10.75	20.96
Earnings From Continuing Operations	33.04	60.75	68.18	91.08	83.2	138.01
Minority Interest in Earnings	4.14	4.37	-0.38	-2.23	1.38	0.87
Net Income	37.18	65.12	67.79	88.86	84.58	138.88
Net Income to Common	37.18	65.12	67.79	88.86	84.58	138.88
Net Income Growth	-57.47%	-3.94%	-23.71%	5.06%	-39.10%	-12.57%
Shares Outstanding (Basic)	294	296	295	296	292	292
Shares Outstanding (Diluted)	294	296	295	296	292	292
Shares Change (YoY)	1.26%	0.43%	-0.48%	1.55%	-0.25%	23.99%
EPS (Basic)	0.13	0.22	0.23	0.30	0.29	0.47
EPS (Diluted)	0.13	0.22	0.23	0.30	0.29	0.47
EPS Growth	-58.00%	-4.35%	-23.33%	3.45%	-38.95%	-29.48%
Free Cash Flow	-20.13	2.84	65.4	188.25	-5.44	136.59
Free Cash Flow Per Share	-0.07	0.01	0.22	0.64	-0.02	0.47
Dividend Per Share	0.200	0.200	0.200	0.200	0.200	0.167
Dividend Growth	-	-	-	-	19.98%	20.01%
Gross Margin	11.77%	14.92%	13.96%	15.20%	21.17%	34.92%
Operating Margin	0.17%	2.60%	2.89%	4.23%	9.11%	19.45%
Profit Margin	3.22%	6.01%	8.06%	8.63%	10.73%	23.60%
Free Cash Flow Margin	-1.74%	0.26%	7.78%	18.29%	-0.69%	23.21%
EBITDA	73.4	96.5	88.43	108.42	131.97	163.22
EBITDA Margin	6.35%	8.90%	10.51%	10.53%	16.75%	27.73%
D&A For EBITDA	71.42	68.3	64.14	64.85	60.17	48.77
EBIT	1.97	28.2	24.29	43.57	71.8	114.44
EBIT Margin	0.17%	2.60%	2.89%	4.23%	9.11%	19.45%
Effective Tax Rate	7.66%	7.16%	5.11%	9.75%	11.44%	13.19%
Revenue as Reported	1,156	1,084	841.11	1,029	788.01	588.54

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.