Hangzhou Guotai Environmental Protection Technology Co.,Ltd. (SHE:301203)

SHE:301203 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	320.15	315.12	308.98	363.38	328.91	455.75
Other Revenue	0.49	0.49	0.5	2.94	1.71	0.5
Revenue	320.63	315.61	309.48	366.32	330.61	456.25
Revenue Growth (YoY)	2.69%	1.98%	-15.52%	10.80%	-27.54%	25.46%
Cost of Revenue	152.05	143.64	128.33	174.58	147.09	210.01
Gross Profit	168.59	171.97	181.15	191.74	183.53	246.24
Selling, General & Admin	23.83	24.07	30.06	21.31	23.64	22.93
Research & Development	25.16	25.91	24.23	19.64	20.98	26.78
Other Operating Expenses	-4.67	-5.31	-6.72	-5.49	-7.05	-11.79
Operating Expenses	49.48	47.71	48.16	37.96	39.02	35.92
Operating Income	119.11	124.26	132.99	153.78	144.51	210.31
Interest Expense	-0.24	-0.2	-0.18	-0.15	-0.14	-
Interest & Investment Income	20	22.1	23.66	13.91	5.89	3.37
Currency Exchange Gain (Loss)	0	0	-	-	-	-
Other Non Operating Income (Expenses)	-1.35	-1.34	-0.49	0.4	-0.58	-0.14
EBT Excluding Unusual Items	137.53	144.82	155.97	167.95	149.68	213.55
Gain (Loss) on Sale of Assets	0.09	0.09	0.01	0.16	-0.01	0.01
Asset Writedown	-0.01	-	-	-	-0.03	-0.12
Other Unusual Items	9.69	9.69	6.24	7.24	15.33	0.86
Pretax Income	147.33	154.6	162.22	175.35	164.98	214.3
Income Tax Expense	18.73	20.23	19.77	23.92	22.55	27.42
Earnings From Continuing Operations	128.59	134.37	142.45	151.43	142.43	186.87
Minority Interest in Earnings	-3.18	-2.45	-3.89	-3.23	-1.94	-2.69
Net Income	125.41	131.92	138.57	148.19	140.49	184.18
Net Income to Common	125.41	131.92	138.57	148.19	140.49	184.18
Net Income Growth	-10.94%	-4.79%	-6.49%	5.48%	-23.72%	74.15%
Shares Outstanding (Basic)	80	80	75	60	60	60
Shares Outstanding (Diluted)	80	80	75	60	60	60
Shares Change (YoY)	-0.06%	6.74%	24.84%	-0.07%	0.06%	-
EPS (Basic)	1.57	1.65	1.85	2.47	2.34	3.07
EPS (Diluted)	1.57	1.65	1.85	2.47	2.34	3.07
EPS Growth	-10.89%	-10.81%	-25.10%	5.56%	-23.77%	74.41%
Free Cash Flow	116.34	75.15	122.46	72.44	40.94	178.01
Free Cash Flow Per Share	1.46	0.94	1.64	1.21	0.68	2.97
Dividend Per Share	1.500	1.500	1.500	1.500	1.000	1.000
Dividend Growth	-	-	-	50.00%	-	-
Gross Margin	52.58%	54.49%	58.53%	52.34%	55.51%	53.97%
Operating Margin	37.15%	39.37%	42.97%	41.98%	43.71%	46.10%
Profit Margin	39.12%	41.80%	44.77%	40.45%	42.49%	40.37%
Free Cash Flow Margin	36.29%	23.81%	39.57%	19.78%	12.38%	39.02%
EBITDA	122.92	128.47	138.83	162.65	153.78	220.61
EBITDA Margin	38.34%	40.71%	44.86%	44.40%	46.51%	48.35%
D&A For EBITDA	3.81	4.21	5.84	8.87	9.27	10.3
EBIT	119.11	124.26	132.99	153.78	144.51	210.31
EBIT Margin	37.15%	39.37%	42.97%	41.98%	43.71%	46.10%
Effective Tax Rate	12.72%	13.08%	12.19%	13.64%	13.67%	12.80%
Revenue as Reported	320.63	315.61	309.48	366.32	330.61	-

Updated Oct 27, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.