Shanxi Huhua Group Co., Ltd. (SHE:003002)

Shanxi Huhua Group 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	1,126	1,081	1,247	939.43	710.36	537.52
Other Revenue	20.53	20.53	67.36	24.42	27.43	18.89
Revenue	1,146	1,101	1,314	963.85	737.8	556.4
Revenue Growth (YoY)	-10.86%	-16.19%	36.31%	30.64%	32.60%	11.24%
Cost of Revenue	668.56	650.4	787.07	595.93	457.74	286.17
Gross Profit	477.56	450.72	526.8	367.93	280.06	270.23
Selling, General & Admin	236.99	237.5	208.06	186.37	165.42	151.68
Research & Development	52.03	53.11	65.4	39.02	26.82	15.61
Other Operating Expenses	11.04	11.72	8.99	9.45	7.24	6.22
Operating Expenses	303.71	304.3	294.61	246.34	203.51	175.69
Operating Income	173.85	146.42	232.19	121.59	76.55	94.54
Interest Expense	-1.22	-0.81	-0.75	-1.13	-0.6	-
Interest & Investment Income	19.46	19.32	20.67	20.49	20.21	16.13
Currency Exchange Gain (Loss)	0.23	0.23	0	1.06	-0.18	-0.47
Other Non Operating Income (Expenses)	1.75	-0.53	-0.82	-1.29	-1.1	-0.1
EBT Excluding Unusual Items	194.06	164.63	251.28	140.72	94.87	110.09
Impairment of Goodwill	-5.72	-5.72	-1.47	-1.01	-0.96	-
Gain (Loss) on Sale of Investments	-10.98	-0.6	0.01	-	-	0.51
Gain (Loss) on Sale of Assets	7.15	7.89	-0.05	-0.02	0.01	-0.06
Asset Writedown	-3.94	-2.95	0.01	-13.12	-0.48	-0.01
Other Unusual Items	3.44	3.64	2.79	4.99	6.22	11.66
Pretax Income	184.02	166.89	252.58	131.56	99.64	122.19
Income Tax Expense	28.46	22.71	36.91	5.84	14.51	18.45
Earnings From Continuing Operations	155.57	144.18	215.67	125.72	85.14	103.74
Minority Interest in Earnings	-5.87	-4.16	-10.99	-4.41	-3.93	-6.83
Net Income	149.7	140.02	204.68	121.31	81.21	96.91
Net Income to Common	149.7	140.02	204.68	121.31	81.21	96.91
Net Income Growth	-27.93%	-31.59%	68.73%	49.37%	-16.20%	26.97%
Shares Outstanding (Basic)	200	200	201	199	198	162
Shares Outstanding (Diluted)	200	200	201	199	198	162
Shares Change (YoY)	0.00%	-0.32%	0.91%	0.40%	22.63%	7.93%
EPS (Basic)	0.75	0.70	1.02	0.61	0.41	0.60
EPS (Diluted)	0.75	0.70	1.02	0.61	0.41	0.60
EPS Growth	-27.93%	-31.37%	67.21%	48.78%	-31.67%	17.65%
Free Cash Flow	97.93	25.42	78.51	113.8	23.2	81.96
Free Cash Flow Per Share	0.49	0.13	0.39	0.57	0.12	0.51
Dividend Per Share	0.150	0.150	0.250	0.150	0.150	0.400
Dividend Growth	-40.00%	-40.00%	66.67%	-	-62.50%	-
Gross Margin	41.67%	40.93%	40.09%	38.17%	37.96%	48.57%
Operating Margin	15.17%	13.30%	17.67%	12.62%	10.38%	16.99%
Profit Margin	13.06%	12.72%	15.58%	12.59%	11.01%	17.42%
Free Cash Flow Margin	8.54%	2.31%	5.98%	11.81%	3.14%	14.73%
EBITDA	243.37	213.04	287.18	171.91	123.24	128.79
EBITDA Margin	21.23%	19.35%	21.86%	17.84%	16.70%	23.15%
D&A For EBITDA	69.53	66.62	54.99	50.32	46.69	34.25
EBIT	173.85	146.42	232.19	121.59	76.55	94.54
EBIT Margin	15.17%	13.30%	17.67%	12.62%	10.38%	16.99%
Effective Tax Rate	15.46%	13.61%	14.61%	4.44%	14.56%	15.10%
Revenue as Reported	1,146	1,101	1,314	963.85	737.8	556.4
Advertising Expenses	-	2.16	2.18	2.49	1.11	-

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