Hubei Huitian New Materials Co., Ltd. (SHE:300041)

SHE:300041 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	Jan 1, 2022	Dec 31, 2020
Operating Revenue	4,219	3,962	3,868	3,674	2,900	2,110
Other Revenue	26.87	26.87	33.9	39.55	54.82	53.95
Revenue	4,246	3,989	3,902	3,714	2,954	2,164
Revenue Growth (YoY)	10.49%	2.23%	5.05%	25.71%	36.54%	15.09%
Cost of Revenue	3,322	3,263	3,012	2,845	2,293	1,515
Gross Profit	923.35	725.72	889.16	868.52	661.06	648.94
Selling, General & Admin	454.85	378.76	384.13	371.26	277.57	280.76
Research & Development	210.97	196.44	179.72	174.78	136.65	101.16
Other Operating Expenses	25.11	-19.53	11.36	10.54	10.17	5.77
Operating Expenses	703.21	570.31	572.83	569.61	438.49	399.07
Operating Income	220.14	155.42	316.33	298.91	222.57	249.87
Interest Expense	-61.67	-62.03	-36.79	-22.06	-17.17	-12.09
Interest & Investment Income	29.99	31.61	23.9	13.23	9.54	7.58
Currency Exchange Gain (Loss)	7.16	7.16	1.24	21.65	-4.05	-6.03
Other Non Operating Income (Expenses)	-7.21	-3.67	-4.61	-3.32	-1.98	-2.93
EBT Excluding Unusual Items	188.41	128.48	300.07	308.41	208.91	236.4
Gain (Loss) on Sale of Investments	5.76	1.95	1.08	0.49	-	-
Gain (Loss) on Sale of Assets	-3.48	-2.17	-1.43	0.38	-0	0.05
Asset Writedown	-38.37	-40.37	-1.83	-8.6	-1.86	-0.16
Other Unusual Items	61.23	44.05	33.79	16.13	36.26	11.01
Pretax Income	213.54	131.95	331.69	316.81	243.31	247.31
Income Tax Expense	54.54	28.16	33.72	26.34	18.43	27.03
Earnings From Continuing Operations	159	103.79	297.97	290.47	224.89	220.28
Minority Interest in Earnings	-4.33	-1.94	0.78	1.26	2.48	-2.08
Net Income	154.67	101.85	298.75	291.73	227.37	218.2
Net Income to Common	154.67	101.85	298.75	291.73	227.37	218.2
Net Income Growth	-6.86%	-65.91%	2.40%	28.31%	4.20%	37.94%
Shares Outstanding (Basic)	554	554	570	558	538	524
Shares Outstanding (Diluted)	554	558	616	562	561	524
Shares Change (YoY)	-13.39%	-9.38%	9.67%	0.13%	7.18%	-2.53%
EPS (Basic)	0.28	0.18	0.52	0.52	0.42	0.42
EPS (Diluted)	0.28	0.18	0.48	0.52	0.41	0.42
EPS Growth	7.54%	-62.38%	-6.63%	28.13%	-2.78%	41.53%
Free Cash Flow	62.84	77.34	388.96	-219.36	-238.91	35.29
Free Cash Flow Per Share	0.11	0.14	0.63	-0.39	-0.43	0.07
Dividend Per Share	0.150	0.150	0.100	0.115	0.077	-
Dividend Growth	50.00%	50.00%	-13.35%	50.07%	-	-
Gross Margin	21.75%	18.20%	22.79%	23.39%	22.38%	29.99%
Operating Margin	5.18%	3.90%	8.11%	8.05%	7.53%	11.55%
Profit Margin	3.64%	2.55%	7.66%	7.85%	7.70%	10.08%
Free Cash Flow Margin	1.48%	1.94%	9.97%	-5.91%	-8.09%	1.63%
EBITDA	411.28	306.06	412.96	381.09	292.71	315.94
EBITDA Margin	9.69%	7.67%	10.59%	10.26%	9.91%	14.60%
D&A For EBITDA	191.15	150.64	96.63	82.18	70.13	66.08
EBIT	220.14	155.42	316.33	298.91	222.57	249.87
EBIT Margin	5.18%	3.90%	8.11%	8.05%	7.53%	11.55%
Effective Tax Rate	25.54%	21.34%	10.17%	8.31%	7.57%	10.93%
Revenue as Reported	4,246	3,989	3,902	3,714	2,954	2,164
Advertising Expenses	-	4.28	6.71	11.26	9.83	7.61

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