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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,090	1,084	834.38	1,022	782.54	587.78
Other Revenue	-	-	6.73	7.34	5.47	0.76
Revenue	1,090	1,084	841.11	1,029	788.01	588.54
Revenue Growth (YoY)	14.98%	28.88%	-18.29%	30.64%	33.89%	-19.02%
Cost of Revenue	934.8	916.14	723.71	872.89	621.2	383.04
Gross Profit	155.35	167.86	117.39	156.53	166.81	205.51
Selling, General & Admin	59.25	59.4	44.26	61.74	71.29	53.84
Research & Development	77.41	73.9	46.15	47.56	39.91	35.05
Other Operating Expenses	-4.11	-2.63	2.26	7.41	-14.53	4.06
Operating Expenses	132.55	130.67	93.1	112.95	95.01	91.07
Operating Income	22.8	37.19	24.29	43.57	71.8	114.44
Interest Expense	-	-	-0.22	-0.14	-1.2	-0.93
Interest & Investment Income	-	-	37.45	37.37	29.34	23.54
Currency Exchange Gain (Loss)	-	-	-1.55	2.24	-4.43	-2.02
Other Non Operating Income (Expenses)	33.08	30.23	-0.07	-0.07	-1.81	-0.24
EBT Excluding Unusual Items	55.88	67.42	59.91	82.97	93.7	134.8
Gain (Loss) on Sale of Investments	-0.63	-0.63	-1.18	-0.46	-0.35	-
Gain (Loss) on Sale of Assets	0.73	0.73	0.51	-0.09	0.78	0.1
Asset Writedown	-2.36	-2.07	-0.15	-0.01	-0.19	-
Other Unusual Items	-	-	12.77	18.5	-	24.08
Pretax Income	53.62	65.44	71.85	100.92	93.94	158.98
Income Tax Expense	3.47	4.69	3.67	9.84	10.75	20.96
Earnings From Continuing Operations	50.15	60.75	68.18	91.08	83.2	138.01
Minority Interest in Earnings	4.68	4.37	-0.38	-2.23	1.38	0.87
Net Income	54.83	65.12	67.79	88.86	84.58	138.88
Net Income to Common	54.83	65.12	67.79	88.86	84.58	138.88
Net Income Growth	-28.74%	-3.94%	-23.71%	5.06%	-39.10%	-12.57%
Shares Outstanding (Basic)	289	296	295	296	292	292
Shares Outstanding (Diluted)	289	296	295	296	292	292
Shares Change (YoY)	-1.93%	0.43%	-0.48%	1.55%	-0.25%	23.99%
EPS (Basic)	0.19	0.22	0.23	0.30	0.29	0.47
EPS (Diluted)	0.19	0.22	0.23	0.30	0.29	0.47
EPS Growth	-27.33%	-4.35%	-23.33%	3.45%	-38.95%	-29.48%
Free Cash Flow	43.78	2.84	65.4	188.25	-5.44	136.59
Free Cash Flow Per Share	0.15	0.01	0.22	0.64	-0.02	0.47
Dividend Per Share	-	-	0.200	0.200	0.200	0.167
Dividend Growth	-	-	-	-	19.98%	20.01%
Gross Margin	14.25%	15.48%	13.96%	15.20%	21.17%	34.92%
Operating Margin	2.09%	3.43%	2.89%	4.23%	9.11%	19.45%
Profit Margin	5.03%	6.01%	8.06%	8.63%	10.73%	23.60%
Free Cash Flow Margin	4.02%	0.26%	7.78%	18.29%	-0.69%	23.21%
EBITDA	92.58	105.79	88.13	108.42	131.97	163.22
EBITDA Margin	8.49%	9.76%	10.48%	10.53%	16.75%	27.73%
D&A For EBITDA	69.79	68.6	63.84	64.85	60.17	48.77
EBIT	22.8	37.19	24.29	43.57	71.8	114.44
EBIT Margin	2.09%	3.43%	2.89%	4.23%	9.11%	19.45%
Effective Tax Rate	6.47%	7.16%	5.11%	9.75%	11.44%	13.19%
Revenue as Reported	-	-	841.11	1,029	788.01	588.54

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.