DongHua Testing Technology Co. , Ltd. (SHE:300354)

SHE:300354 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	483.51	476.77	357.21	344.43	234.75	195.6
Other Revenue	25.45	25.45	20.99	22.65	22.29	9.67
Revenue	508.96	502.22	378.19	367.08	257.04	205.27
Revenue Growth (YoY)	12.16%	32.80%	3.03%	42.81%	25.22%	15.49%
Cost of Revenue	163.77	169.18	130.66	118.32	82.79	69.55
Gross Profit	345.19	333.04	247.53	248.76	174.25	135.72
Selling, General & Admin	124	124.32	100.25	83.67	69.54	67.26
Research & Development	62.22	61.37	41.08	34.62	27.1	20.21
Other Operating Expenses	-5.02	-2.97	1.48	-9.05	-5.33	-4.67
Operating Expenses	188.26	189.84	149.54	118.17	94.38	85.21
Operating Income	156.93	143.2	97.99	130.59	79.87	50.51
Interest Expense	-0.4	-0.38	-0.04	-0	-	-
Interest & Investment Income	0.12	0.17	0.45	0.98	0.45	1.4
Currency Exchange Gain (Loss)	-	-	-	0.04	-0	0.04
Other Non Operating Income (Expenses)	0.36	0.56	-1.96	-0.22	1.84	-1.32
EBT Excluding Unusual Items	157.02	143.55	96.43	131.38	82.16	50.63
Gain (Loss) on Sale of Investments	-0.36	-	-	-	-	-
Gain (Loss) on Sale of Assets	-0.01	-0.02	-0.04	-0.04	-0.02	0.05
Other Unusual Items	0.93	0.93	3.08	4.67	3.58	5.95
Pretax Income	157.24	144.46	99.48	136.01	85.73	56.62
Income Tax Expense	34.63	23.44	11.73	14.23	5.7	6.26
Earnings From Continuing Operations	122.61	121.02	87.75	121.78	80.02	50.36
Minority Interest in Earnings	1.36	0.86	-0	-	-	-
Net Income	123.96	121.88	87.75	121.78	80.02	50.36
Net Income to Common	123.96	121.88	87.75	121.78	80.02	50.36
Net Income Growth	5.91%	38.90%	-27.94%	52.18%	58.91%	65.50%
Shares Outstanding (Basic)	139	139	139	138	138	140
Shares Outstanding (Diluted)	139	139	139	138	138	140
Shares Change (YoY)	-0.54%	-0.56%	0.65%	0.30%	-1.36%	1.14%
EPS (Basic)	0.89	0.88	0.63	0.88	0.58	0.36
EPS (Diluted)	0.89	0.88	0.63	0.88	0.58	0.36
EPS Growth	6.48%	39.68%	-28.41%	51.72%	61.11%	63.64%
Free Cash Flow	56.34	14.76	-22.66	23.33	15.52	11.94
Free Cash Flow Per Share	0.41	0.11	-0.16	0.17	0.11	0.09
Dividend Per Share	0.177	0.177	0.128	0.177	0.175	0.110
Dividend Growth	38.28%	38.28%	-27.68%	1.14%	59.09%	120.00%
Gross Margin	67.82%	66.31%	65.45%	67.77%	67.79%	66.12%
Operating Margin	30.83%	28.51%	25.91%	35.57%	31.07%	24.61%
Profit Margin	24.36%	24.27%	23.20%	33.17%	31.13%	24.53%
Free Cash Flow Margin	11.07%	2.94%	-5.99%	6.35%	6.04%	5.82%
EBITDA	166.66	152.46	107.37	139.45	88.51	59.17
EBITDA Margin	32.75%	30.36%	28.39%	37.99%	34.43%	28.82%
D&A For EBITDA	9.73	9.26	9.38	8.86	8.64	8.65
EBIT	156.93	143.2	97.99	130.59	79.87	50.51
EBIT Margin	30.83%	28.51%	25.91%	35.57%	31.07%	24.61%
Effective Tax Rate	22.02%	16.23%	11.79%	10.46%	6.65%	11.06%
Revenue as Reported	508.96	502.22	378.19	367.08	257.04	205.27
Advertising Expenses	-	3.31	2.2	0.82	0.49	0.17

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