Ningbo Henghe Precision Industry Co.,Ltd. (SHE:300539)

SHE:300539 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	770.49	733.81	653.67	637.69	646.85	543.31
Other Revenue	17.19	17.19	23.94	30.35	49.16	34.86
Revenue	787.68	751	677.61	668.04	696.02	578.17
Revenue Growth (YoY)	19.22%	10.83%	1.43%	-4.02%	20.38%	3.86%
Cost of Revenue	620.87	591.1	540.76	536.79	575.9	471.84
Gross Profit	166.81	159.9	136.84	131.25	120.12	106.33
Selling, General & Admin	64.11	62.53	53.08	52.25	49.23	46.63
Research & Development	34.48	35.72	33.46	33.85	26.81	22.63
Other Operating Expenses	8.15	7.33	6.34	6.99	7.51	5.19
Operating Expenses	113.43	109.91	93.86	95.86	83.51	76.79
Operating Income	53.38	49.99	42.99	35.39	36.61	29.54
Interest Expense	-12.98	-12.24	-12.21	-13.75	-13.16	-12.28
Interest & Investment Income	0.46	0.35	0.32	0.38	0.35	0.22
Currency Exchange Gain (Loss)	0.95	0.95	1.93	3.12	-1.05	-4.12
Other Non Operating Income (Expenses)	-0.03	-0.13	-0.49	0.4	-0.25	-0.31
EBT Excluding Unusual Items	41.78	38.93	32.53	25.55	22.49	13.04
Gain (Loss) on Sale of Investments	-1	-1.15	-0.29	-1.47	0.21	-
Gain (Loss) on Sale of Assets	0.07	0.08	-0.01	0.11	0.18	-0.64
Asset Writedown	0.02	-0.09	-0	-0.05	0	-0.19
Legal Settlements	-	-	-	-	-	-0.03
Other Unusual Items	3.82	3.82	2.02	3.83	2.39	4.99
Pretax Income	44.7	41.59	34.24	27.97	25.28	17.18
Income Tax Expense	2.03	2.56	1.45	-0.19	3.68	3.78
Earnings From Continuing Operations	42.67	39.03	32.8	28.16	21.6	13.4
Minority Interest in Earnings	-1.61	-1.03	1.07	-0.21	0.46	1.11
Net Income	41.06	38	33.87	27.95	22.06	14.51
Net Income to Common	41.06	38	33.87	27.95	22.06	14.51
Net Income Growth	25.03%	12.18%	21.18%	26.74%	51.98%	48.67%
Shares Outstanding (Basic)	229	224	226	215	221	207
Shares Outstanding (Diluted)	229	224	226	215	221	207
Shares Change (YoY)	4.25%	-1.01%	5.02%	-2.51%	6.38%	-15.04%
EPS (Basic)	0.18	0.17	0.15	0.13	0.10	0.07
EPS (Diluted)	0.18	0.17	0.15	0.13	0.10	0.07
EPS Growth	19.94%	13.33%	15.38%	30.00%	42.86%	75.00%
Free Cash Flow	-51.21	-64.13	65.94	13.44	12.56	30.69
Free Cash Flow Per Share	-0.22	-0.29	0.29	0.06	0.06	0.15
Dividend Per Share	0.135	0.135	0.080	0.080	0.080	0.080
Dividend Growth	68.75%	68.75%	-	-	0.11%	119.73%
Gross Margin	21.18%	21.29%	20.20%	19.65%	17.26%	18.39%
Operating Margin	6.78%	6.66%	6.34%	5.30%	5.26%	5.11%
Profit Margin	5.21%	5.06%	5.00%	4.18%	3.17%	2.51%
Free Cash Flow Margin	-6.50%	-8.54%	9.73%	2.01%	1.80%	5.31%
EBITDA	-	95.88	89.18	81.33	84.08	74.06
EBITDA Margin	-	12.77%	13.16%	12.17%	12.08%	12.81%
D&A For EBITDA	-	45.88	46.19	45.94	47.47	44.53
EBIT	53.38	49.99	42.99	35.39	36.61	29.54
EBIT Margin	6.78%	6.66%	6.34%	5.30%	5.26%	5.11%
Effective Tax Rate	4.54%	6.15%	4.22%	-	14.56%	22.01%
Revenue as Reported	787.68	751	677.61	668.04	696.02	578.17
Advertising Expenses	-	0	0.12	0.12	0.28	0.03

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