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	Jun 30, 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	15.71	14.13	11.61	10.59	7.85	7.48
Revenue	1,205	1,182	1,069	1,085	1,006	874.3
Revenue Growth (YoY)	6.08%	10.50%	-1.46%	7.90%	15.04%	7.19%
Cost of Revenue	974.53	954.98	877.27	890.63	812.72	701.08
Gross Profit	230.06	226.68	192.12	194.6	193.03	173.21
Selling, General & Admin	40.55	41.25	39.61	32.61	30.52	22.91
Research & Development	55.9	55.15	51.1	50.36	44.29	37.48
Other Operating Expenses	5.22	1.99	7.76	2.99	6.13	5.57
Operating Expenses	102.19	95.76	99.54	86.49	82.33	69.78
Operating Income	127.87	130.92	92.58	108.11	110.7	103.43
Interest Expense	-0.22	-0.2	-0.1	-0.23	-0.44	-
Interest & Investment Income	6.71	6.64	6.58	8.51	7.58	3.89
Currency Exchange Gain (Loss)	-0.19	-0.1	1.21	8.82	-3.13	-6.51
Other Non Operating Income (Expenses)	-0.65	-0.4	-0.34	-0.1	-0.1	-0.27
EBT Excluding Unusual Items	133.52	136.85	99.93	125.11	114.61	100.54
Gain (Loss) on Sale of Assets	-0.76	-0.61	-0.54	-0.44	-	-0.31
Other Unusual Items	5.62	4.8	7.64	0.01	12.7	3.58
Pretax Income	138.38	141.03	107.02	124.67	127.3	103.81
Income Tax Expense	16.51	14.66	9.31	12.12	13.97	11.86
Earnings From Continuing Operations	121.87	126.37	97.71	112.55	113.33	91.94
Minority Interest in Earnings	-1.98	-2.43	-2.29	-3.86	-3.68	-1.3
Net Income	119.9	123.94	95.42	108.7	109.65	90.64
Net Income to Common	119.9	123.94	95.42	108.7	109.65	90.64
Net Income Growth	13.76%	29.89%	-12.22%	-0.87%	20.98%	17.40%
Shares Outstanding (Basic)	296	296	296	296	296	259
Shares Outstanding (Diluted)	296	296	296	296	296	259
Shares Change (YoY)	-0.08%	-0.01%	0.01%	-0.01%	14.28%	16.69%
EPS (Basic)	0.41	0.42	0.32	0.37	0.37	0.35
EPS (Diluted)	0.41	0.42	0.32	0.37	0.37	0.35
EPS Growth	13.86%	29.91%	-12.23%	-0.86%	5.86%	0.63%
Free Cash Flow	123.36	185.41	145.44	-157.32	52.2	68.75
Free Cash Flow Per Share	0.42	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	19.10%	19.18%	17.96%	17.93%	19.19%	19.81%
Operating Margin	10.62%	11.08%	8.66%	9.96%	11.01%	11.83%
Profit Margin	9.95%	10.49%	8.92%	10.02%	10.90%	10.37%
Free Cash Flow Margin	10.24%	15.69%	13.60%	-14.50%	5.19%	7.86%
EBITDA	170.84	174.83	134.4	145.56	148.14	137.6
EBITDA Margin	14.18%	14.79%	12.57%	13.41%	14.73%	15.74%
D&A For EBITDA	42.97	43.91	41.83	37.45	37.45	34.17
EBIT	127.87	130.92	92.58	108.11	110.7	103.43
EBIT Margin	10.62%	11.08%	8.66%	9.96%	11.01%	11.83%
Effective Tax Rate	11.93%	10.40%	8.70%	9.72%	10.98%	11.43%
Revenue as Reported	1,205	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.