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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	4,063	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	4,090	3,989	3,902	3,714	2,954	2,164
Revenue Growth (YoY)	7.83%	2.23%	5.05%	25.71%	36.54%	15.09%
Cost of Revenue	3,320	3,263	3,012	2,845	2,293	1,515
Gross Profit	770.58	725.72	889.16	868.52	661.06	648.94
Selling, General & Admin	400.47	378.76	384.13	371.26	277.57	280.76
Research & Development	199.62	196.44	179.72	174.78	136.65	101.16
Other Operating Expenses	-16.16	-19.53	11.36	10.54	10.17	5.77
Operating Expenses	601.82	570.31	572.83	569.61	438.49	399.07
Operating Income	168.76	155.42	316.33	298.91	222.57	249.87
Interest Expense	-63.13	-62.03	-36.79	-22.06	-17.17	-12.09
Interest & Investment Income	31.07	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)	-4.11	-3.67	-4.61	-3.32	-1.98	-2.93
EBT Excluding Unusual Items	139.75	128.48	300.07	308.41	208.91	236.4
Gain (Loss) on Sale of Investments	3.77	1.95	1.08	0.49	-	-
Gain (Loss) on Sale of Assets	-2.4	-2.17	-1.43	0.38	-0	0.05
Asset Writedown	-45.03	-40.37	-1.83	-8.6	-1.86	-0.16
Other Unusual Items	43.82	44.05	33.79	16.13	36.26	11.01
Pretax Income	139.91	131.95	331.69	316.81	243.31	247.31
Income Tax Expense	31.01	28.16	33.72	26.34	18.43	27.03
Earnings From Continuing Operations	108.9	103.79	297.97	290.47	224.89	220.28
Minority Interest in Earnings	-4.88	-1.94	0.78	1.26	2.48	-2.08
Net Income	104.02	101.85	298.75	291.73	227.37	218.2
Net Income to Common	104.02	101.85	298.75	291.73	227.37	218.2
Net Income Growth	-59.69%	-65.91%	2.40%	28.31%	4.20%	37.94%
Shares Outstanding (Basic)	552	554	570	558	538	524
Shares Outstanding (Diluted)	552	558	616	562	561	524
Shares Change (YoY)	-11.21%	-9.38%	9.67%	0.13%	7.18%	-2.53%
EPS (Basic)	0.19	0.18	0.52	0.52	0.42	0.42
EPS (Diluted)	0.19	0.18	0.48	0.52	0.41	0.42
EPS Growth	-54.60%	-62.38%	-6.63%	28.13%	-2.78%	41.53%
Free Cash Flow	62.77	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	18.84%	18.20%	22.79%	23.39%	22.38%	29.99%
Operating Margin	4.13%	3.90%	8.11%	8.05%	7.53%	11.55%
Profit Margin	2.54%	2.55%	7.66%	7.85%	7.70%	10.08%
Free Cash Flow Margin	1.54%	1.94%	9.97%	-5.91%	-8.09%	1.63%
EBITDA	332.9	306.06	412.96	381.09	292.71	315.94
EBITDA Margin	8.14%	7.67%	10.59%	10.26%	9.91%	14.60%
D&A For EBITDA	164.14	150.64	96.63	82.18	70.13	66.08
EBIT	168.76	155.42	316.33	298.91	222.57	249.87
EBIT Margin	4.13%	3.90%	8.11%	8.05%	7.53%	11.55%
Effective Tax Rate	22.17%	21.34%	10.17%	8.31%	7.57%	10.93%
Revenue as Reported	4,090	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.