Huizhong Instrumentation Co., Ltd. (SHE:300371)

Huizhong Instrumentation 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	Dec 31, 2022	Jan 1, 2022	Dec 31, 2020
Operating Revenue	409.45	385.72	493.54	506.71	523.52	425.21
Other Revenue	-	-	2.18	0.78	0.01	-
Revenue	409.45	385.72	495.72	507.49	523.54	425.21
Revenue Growth (YoY)	-13.93%	-22.19%	-2.32%	-3.06%	23.12%	18.03%
Cost of Revenue	207.03	192.8	240.12	254.03	234.53	197.44
Gross Profit	202.42	192.92	255.61	253.47	289.01	227.77
Selling, General & Admin	92.54	93.7	101.5	93.2	89.48	74.2
Research & Development	36.15	34.01	34.48	33.67	33.55	27.2
Other Operating Expenses	-7.18	-7.77	-7.36	-18.45	-12.45	-11.51
Operating Expenses	128.01	119.94	142.47	130.77	118.97	90.81
Operating Income	74.41	72.98	113.14	122.7	170.04	136.96
Interest Expense	-	-	-0.02	-0.02	-0.01	-
Interest & Investment Income	2.51	2.5	2.36	2.17	6.14	4.28
Currency Exchange Gain (Loss)	-	-	0.8	0.11	-0.3	-0.15
Other Non Operating Income (Expenses)	-3.11	-4.16	-0.08	-0.03	-0.81	-0.06
EBT Excluding Unusual Items	73.8	71.32	116.2	124.92	175.06	141.02
Gain (Loss) on Sale of Investments	0.27	-0	0.05	-0.06	-1.34	1.08
Gain (Loss) on Sale of Assets	0	0	-	0.03	-0.06	-0.33
Asset Writedown	2.29	2.37	-0	-	-	-
Other Unusual Items	-	-	4.44	-	4.86	5.14
Pretax Income	76.36	73.69	120.69	124.9	178.53	146.92
Income Tax Expense	14.98	15.27	14.98	16.38	23.34	19.97
Earnings From Continuing Operations	61.38	58.42	105.71	108.52	155.19	126.95
Minority Interest in Earnings	-0.74	-0.69	-1.41	-	-	-
Net Income	60.64	57.72	104.3	108.52	155.19	126.95
Net Income to Common	60.64	57.72	104.3	108.52	155.19	126.95
Net Income Growth	-40.24%	-44.65%	-3.89%	-30.07%	22.24%	15.77%
Shares Outstanding (Basic)	199	199	200	200	201	200
Shares Outstanding (Diluted)	199	199	200	200	201	201
Shares Change (YoY)	-0.59%	-0.47%	0.23%	-0.43%	-0.20%	-0.50%
EPS (Basic)	0.30	0.29	0.52	0.54	0.77	0.64
EPS (Diluted)	0.30	0.29	0.52	0.54	0.77	0.63
EPS Growth	-39.88%	-44.39%	-4.11%	-29.77%	22.48%	16.35%
Free Cash Flow	105.52	69.24	45.79	11.23	-26.37	66.62
Free Cash Flow Per Share	0.53	0.35	0.23	0.06	-0.13	0.33
Dividend Per Share	-	-	0.160	0.083	0.233	0.192
Dividend Growth	-	-	92.08%	-64.30%	21.70%	15.00%
Gross Margin	49.44%	50.02%	51.56%	49.95%	55.20%	53.57%
Operating Margin	18.17%	18.92%	22.82%	24.18%	32.48%	32.21%
Profit Margin	14.81%	14.96%	21.04%	21.38%	29.64%	29.86%
Free Cash Flow Margin	25.77%	17.95%	9.24%	2.21%	-5.04%	15.67%
EBITDA	98.84	97.01	135.53	145.21	190.77	155.66
EBITDA Margin	24.14%	25.15%	27.34%	28.61%	36.44%	36.61%
D&A For EBITDA	24.43	24.03	22.4	22.51	20.73	18.7
EBIT	74.41	72.98	113.14	122.7	170.04	136.96
EBIT Margin	18.17%	18.92%	22.82%	24.18%	32.48%	32.21%
Effective Tax Rate	19.62%	20.72%	12.41%	13.11%	13.07%	13.59%
Revenue as Reported	23.72	-	495.72	507.49	523.54	425.21
Advertising Expenses	-	-	2.4	2.78	2.61	1.84

Updated Oct 17, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.