Hengerda New Materials (Fujian) Co., Ltd. (SHE:300946)

SHE:300946 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	585.29	565.12	525.96	467.89	441.64	370.07
Other Revenue	0.32	-	-	14.98	13.76	10.3
Revenue	585.61	565.12	525.96	482.88	455.41	380.38
Revenue Growth (YoY)	6.05%	7.45%	8.92%	6.03%	19.73%	0.92%
Cost of Revenue	450.08	422.37	383.08	346	318.84	267.62
Gross Profit	135.53	142.75	142.88	136.88	136.56	112.76
Selling, General & Admin	48.98	42.9	36.01	31.89	24.43	21.21
Research & Development	19.37	20.37	26.28	15.86	15.8	12.17
Other Operating Expenses	-18.91	-19.36	-13.99	2.41	2.82	2.61
Operating Expenses	52.24	45.76	48.19	52.69	43.68	36.73
Operating Income	83.29	96.99	94.68	84.18	92.89	76.02
Interest Expense	-4.15	-3.01	-0.73	-0.4	-0.08	-1.79
Interest & Investment Income	0.96	0.58	1.4	2.21	8.96	0.34
Currency Exchange Gain (Loss)	-0.01	0.8	-0.16	1.06	0.43	-1.21
Other Non Operating Income (Expenses)	-0.18	-0.22	-0.14	-0.23	-0.33	-0.25
EBT Excluding Unusual Items	79.91	95.14	95.05	86.83	101.87	73.12
Gain (Loss) on Sale of Investments	0.18	0.3	2.78	7.79	2.15	-0.11
Gain (Loss) on Sale of Assets	-	-	-	0.17	-	-
Asset Writedown	-0.1	-0.07	-0.15	-0.35	-0.02	-0.11
Other Unusual Items	4.69	3.54	1.43	-0.22	20.1	35.29
Pretax Income	84.68	98.91	99.11	94.22	124.08	108.19
Income Tax Expense	10.2	11.69	11.92	-0.92	16.38	15.15
Earnings From Continuing Operations	74.48	87.22	87.19	95.14	107.7	93.04
Minority Interest in Earnings	0.3	0.09	0.1	0.09	-	-
Net Income	74.77	87.31	87.29	95.24	107.7	93.04
Net Income to Common	74.77	87.31	87.29	95.24	107.7	93.04
Net Income Growth	-18.28%	0.03%	-8.35%	-11.57%	15.76%	29.20%
Shares Outstanding (Basic)	155	155	155	157	149	117
Shares Outstanding (Diluted)	155	155	155	157	149	117
Shares Change (YoY)	0.13%	0.03%	-0.81%	5.22%	27.25%	0.03%
EPS (Basic)	0.48	0.56	0.56	0.61	0.72	0.79
EPS (Diluted)	0.48	0.56	0.56	0.61	0.72	0.79
EPS Growth	-18.38%	-	-7.60%	-15.96%	-9.03%	29.17%
Free Cash Flow	-2.55	-14.25	-118.24	-213.76	-22.11	2.93
Free Cash Flow Per Share	-0.02	-0.09	-0.76	-1.36	-0.15	0.03
Dividend Per Share	0.115	0.115	0.177	0.177	0.179	0.179
Dividend Growth	-34.77%	-34.77%	-	-1.45%	-	-
Gross Margin	23.14%	25.26%	27.16%	28.35%	29.99%	29.64%
Operating Margin	14.22%	17.16%	18.00%	17.43%	20.40%	19.99%
Profit Margin	12.77%	15.45%	16.60%	19.72%	23.65%	24.46%
Free Cash Flow Margin	-0.43%	-2.52%	-22.48%	-44.27%	-4.86%	0.77%
EBITDA	131.63	139.87	122.2	106.8	112.66	93.98
EBITDA Margin	22.48%	24.75%	23.23%	22.12%	24.74%	24.71%
D&A For EBITDA	48.34	42.87	27.51	22.62	19.77	17.96
EBIT	83.29	96.99	94.68	84.18	92.89	76.02
EBIT Margin	14.22%	17.16%	18.00%	17.43%	20.40%	19.99%
Effective Tax Rate	12.05%	11.82%	12.02%	-	13.20%	14.00%
Revenue as Reported	605.72	585.23	542.49	482.88	455.41	380.38
Advertising Expenses	-	4.38	2.58	1.03	0.56	1.42

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.