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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	481.2	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	506.66	502.22	378.19	367.08	257.04	205.27
Revenue Growth (YoY)	23.38%	32.80%	3.03%	42.81%	25.22%	15.49%
Cost of Revenue	169.13	169.18	130.66	118.32	82.79	69.55
Gross Profit	337.53	333.04	247.53	248.76	174.25	135.72
Selling, General & Admin	131.66	124.32	100.25	83.67	69.54	67.26
Research & Development	59.94	61.37	41.08	34.62	27.1	20.21
Other Operating Expenses	-4	-2.97	1.48	-9.05	-5.33	-4.67
Operating Expenses	193.69	189.84	149.54	118.17	94.38	85.21
Operating Income	143.84	143.2	97.99	130.59	79.87	50.51
Interest Expense	-0.37	-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)	0.54	0.56	-1.96	-0.22	1.84	-1.32
EBT Excluding Unusual Items	144.13	143.55	96.43	131.38	82.16	50.63
Gain (Loss) on Sale of Assets	-0.02	-0.02	-0.04	-0.04	-0.02	0.05
Other Unusual Items	1.09	0.93	3.08	4.67	3.58	5.95
Pretax Income	145.2	144.46	99.48	136.01	85.73	56.62
Income Tax Expense	22.93	23.44	11.73	14.23	5.7	6.26
Earnings From Continuing Operations	122.27	121.02	87.75	121.78	80.02	50.36
Minority Interest in Earnings	1.15	0.86	-0	-	-	-
Net Income	123.43	121.88	87.75	121.78	80.02	50.36
Net Income to Common	123.43	121.88	87.75	121.78	80.02	50.36
Net Income Growth	17.78%	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)	-0.12%	-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	17.92%	39.68%	-28.41%	51.72%	61.11%	63.64%
Free Cash Flow	22.23	14.76	-22.66	23.33	15.52	11.94
Free Cash Flow Per Share	0.16	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	66.62%	66.31%	65.45%	67.77%	67.79%	66.12%
Operating Margin	28.39%	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	4.39%	2.94%	-5.99%	6.35%	6.04%	5.82%
EBITDA	153.07	152.46	107.37	139.45	88.51	59.17
EBITDA Margin	30.21%	30.36%	28.39%	37.99%	34.43%	28.82%
D&A For EBITDA	9.23	9.26	9.38	8.86	8.64	8.65
EBIT	143.84	143.2	97.99	130.59	79.87	50.51
EBIT Margin	28.39%	28.51%	25.91%	35.57%	31.07%	24.61%
Effective Tax Rate	15.79%	16.23%	11.79%	10.46%	6.65%	11.06%
Revenue as Reported	506.66	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.