Zhejiang Hongchang Electrical Technology Co., Ltd. (SHE:301008)

SHE:301008 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	1,116	1,020	876.59	819.11	759.79	570.77
Other Revenue	4.59	6.72	7.94	7.31	8.03	6.24
Revenue	1,120	1,027	884.53	826.42	767.82	577
Revenue Growth (YoY)	15.69%	16.09%	7.03%	7.63%	33.07%	14.01%
Cost of Revenue	960.18	860.82	712.92	679.22	623.91	425.07
Gross Profit	160.1	166.05	171.61	147.2	143.92	151.93
Selling, General & Admin	81.67	73.72	49.42	50.69	47.07	38.59
Research & Development	46.38	44.38	40.16	34.2	31.82	20.41
Other Operating Expenses	-6.85	-3.89	-2.08	5.06	2.64	3.31
Operating Expenses	120.85	117.26	87.65	92.96	86.38	64.34
Operating Income	39.25	48.79	83.96	54.24	57.54	87.59
Interest Expense	-14.93	-16.53	-9.3	-2.11	-1.9	-1.94
Interest & Investment Income	9.48	11.21	11.97	10.37	8.62	0.35
Currency Exchange Gain (Loss)	0.38	0.81	0.72	1.79	-0.35	-
Other Non Operating Income (Expenses)	0.45	1.31	1.45	-4.43	-0.11	-2.25
EBT Excluding Unusual Items	34.62	45.59	88.8	59.86	63.8	83.75
Impairment of Goodwill	-0.04	-0.04	-	-	-	-
Gain (Loss) on Sale of Investments	1.82	2.08	0.48	-0.23	-2.1	-3.02
Gain (Loss) on Sale of Assets	0.11	0.03	-0.09	-0.04	-0.27	0.03
Asset Writedown	-0.43	-0.23	-0.05	-0.03	-0.02	-0.06
Other Unusual Items	3.97	9.05	6.48	12.08	11.8	12.59
Pretax Income	40.06	56.48	95.63	71.64	73.2	93.28
Income Tax Expense	2.65	4.74	9.57	4.5	5.18	11.38
Earnings From Continuing Operations	37.41	51.74	86.05	67.14	68.03	81.91
Minority Interest in Earnings	0.45	0.72	-0.14	0.13	0.01	-
Net Income	37.86	52.47	85.91	67.26	68.04	81.91
Net Income to Common	37.86	52.47	85.91	67.26	68.04	81.91
Net Income Growth	-55.13%	-38.93%	27.72%	-1.14%	-16.93%	19.55%
Shares Outstanding (Basic)	113	112	112	112	98	84
Shares Outstanding (Diluted)	114	112	112	112	98	84
Shares Change (YoY)	3.88%	0.05%	-0.47%	14.74%	16.45%	-0.11%
EPS (Basic)	0.34	0.47	0.77	0.60	0.70	0.98
EPS (Diluted)	0.33	0.47	0.77	0.60	0.70	0.98
EPS Growth	-56.80%	-38.96%	28.33%	-13.84%	-28.66%	19.71%
Free Cash Flow	7.6	-35.04	-6.5	-91.85	-47.5	41.5
Free Cash Flow Per Share	0.07	-0.31	-0.06	-0.82	-0.49	0.49
Dividend Per Share	0.100	0.100	0.429	0.286	0.357	-
Dividend Growth	-76.67%	-76.67%	50.02%	-19.99%	-	-
Gross Margin	14.29%	16.17%	19.40%	17.81%	18.74%	26.33%
Operating Margin	3.50%	4.75%	9.49%	6.56%	7.49%	15.18%
Profit Margin	3.38%	5.11%	9.71%	8.14%	8.86%	14.19%
Free Cash Flow Margin	0.68%	-3.41%	-0.73%	-11.11%	-6.19%	7.19%
EBITDA	91.55	95.3	120.17	86.23	82.79	109.25
EBITDA Margin	8.17%	9.28%	13.59%	10.43%	10.78%	18.93%
D&A For EBITDA	52.3	46.51	36.21	31.98	25.26	21.65
EBIT	39.25	48.79	83.96	54.24	57.54	87.59
EBIT Margin	3.50%	4.75%	9.49%	6.56%	7.49%	15.18%
Effective Tax Rate	6.61%	8.39%	10.01%	6.28%	7.07%	12.20%
Revenue as Reported	1,120	1,027	884.53	826.42	767.82	577

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