HG Technologies Co., Ltd. (SHE:300847)

HG Technologies 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	1,189	1,168	1,058	1,075	997.9	866.81
Other Revenue	14.13	14.13	11.61	10.59	7.85	7.48
Revenue	1,203	1,182	1,069	1,085	1,006	874.3
Revenue Growth (YoY)	10.30%	10.50%	-1.46%	7.90%	15.04%	7.19%
Cost of Revenue	972.39	954.98	877.27	890.63	812.72	701.08
Gross Profit	230.4	226.68	192.12	194.6	193.03	173.21
Selling, General & Admin	42.72	41.25	39.61	32.61	30.52	22.91
Research & Development	54.79	55.15	51.1	50.36	44.29	37.48
Other Operating Expenses	1.53	1.99	7.76	2.99	6.13	5.57
Operating Expenses	96.91	95.76	99.54	86.49	82.33	69.78
Operating Income	133.49	130.92	92.58	108.11	110.7	103.43
Interest Expense	-0.21	-0.2	-0.1	-0.23	-0.44	-
Interest & Investment Income	6.61	6.64	6.58	8.51	7.58	3.89
Currency Exchange Gain (Loss)	-0.1	-0.1	1.21	8.82	-3.13	-6.51
Other Non Operating Income (Expenses)	-0.47	-0.4	-0.34	-0.1	-0.1	-0.27
EBT Excluding Unusual Items	139.32	136.85	99.93	125.11	114.61	100.54
Gain (Loss) on Sale of Assets	-0.75	-0.61	-0.54	-0.44	-	-0.31
Other Unusual Items	4.91	4.8	7.64	0.01	12.7	3.58
Pretax Income	143.48	141.03	107.02	124.67	127.3	103.81
Income Tax Expense	16.12	14.66	9.31	12.12	13.97	11.86
Earnings From Continuing Operations	127.35	126.37	97.71	112.55	113.33	91.94
Minority Interest in Earnings	-2.48	-2.43	-2.29	-3.86	-3.68	-1.3
Net Income	124.87	123.94	95.42	108.7	109.65	90.64
Net Income to Common	124.87	123.94	95.42	108.7	109.65	90.64
Net Income Growth	26.62%	29.89%	-12.22%	-0.87%	20.98%	17.40%
Shares Outstanding (Basic)	290	296	296	296	296	259
Shares Outstanding (Diluted)	290	296	296	296	296	259
Shares Change (YoY)	-2.16%	-0.01%	0.01%	-0.01%	14.28%	16.69%
EPS (Basic)	0.43	0.42	0.32	0.37	0.37	0.35
EPS (Diluted)	0.43	0.42	0.32	0.37	0.37	0.35
EPS Growth	29.42%	29.91%	-12.23%	-0.86%	5.86%	0.63%
Free Cash Flow	187.73	185.41	145.44	-157.32	52.2	68.75
Free Cash Flow Per Share	0.65	0.63	0.49	-0.53	0.18	0.27
Dividend Per Share	0.136	0.136	0.100	0.111	0.075	0.061
Dividend Growth	36.00%	36.00%	-9.91%	48.00%	22.35%	-
Gross Margin	19.16%	19.18%	17.96%	17.93%	19.19%	19.81%
Operating Margin	11.10%	11.08%	8.66%	9.96%	11.01%	11.83%
Profit Margin	10.38%	10.49%	8.92%	10.02%	10.90%	10.37%
Free Cash Flow Margin	15.61%	15.69%	13.60%	-14.50%	5.19%	7.86%
EBITDA	177.93	174.83	134.4	145.56	148.14	137.6
EBITDA Margin	14.79%	14.79%	12.57%	13.41%	14.73%	15.74%
D&A For EBITDA	44.44	43.91	41.83	37.45	37.45	34.17
EBIT	133.49	130.92	92.58	108.11	110.7	103.43
EBIT Margin	11.10%	11.08%	8.66%	9.96%	11.01%	11.83%
Effective Tax Rate	11.24%	10.40%	8.70%	9.72%	10.98%	11.43%
Revenue as Reported	1,203	1,182	1,069	1,085	1,006	874.3
Advertising Expenses	-	0.78	0.55	0.32	0.32	0.45

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