Hengbo Holdings Co.,Ltd. (SHE:301225)

Hengbo Holdings 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	Dec 31, 2021	Dec 31, 2020
Operating Revenue	868.97	837.95	756.75	687.41	589.05	472.27
Other Revenue	27.16	27.16	28.67	25.64	44.09	101.09
Revenue	896.13	865.11	785.43	713.04	633.14	573.36
Revenue Growth (YoY)	12.67%	10.14%	10.15%	12.62%	10.43%	15.85%
Cost of Revenue	610.04	593.25	544.81	483.85	421.15	382.16
Gross Profit	286.09	271.86	240.62	229.19	211.99	191.2
Selling, General & Admin	85.64	81.71	75.13	67.26	62.64	51.5
Research & Development	55.22	52.59	45.71	41.25	38.6	30.44
Other Operating Expenses	3.31	1.35	4.87	6.49	6.12	6.24
Operating Expenses	146.22	137.64	126.96	118.24	109.65	98.91
Operating Income	139.87	134.23	113.66	110.94	102.35	92.29
Interest Expense	-0.57	-0.73	-0.12	-0.07	-1.32	-7.18
Interest & Investment Income	10.56	13.71	8.03	0.88	1.48	0.47
Currency Exchange Gain (Loss)	0.24	0.24	0.19	0.77	2.21	-2.45
Other Non Operating Income (Expenses)	-0.15	-0.35	-0.46	0.72	2.1	-4.27
EBT Excluding Unusual Items	149.95	147.1	121.3	113.24	106.81	78.87
Gain (Loss) on Sale of Investments	4.58	5.15	1.99	-	-0	-
Gain (Loss) on Sale of Assets	-0.14	-0.14	-0.82	-1.15	-0.03	-1.05
Asset Writedown	-0.58	-0.31	-1.22	-0.04	-0.13	-6.18
Other Unusual Items	2.88	1.92	9.86	4.19	1.25	1.9
Pretax Income	156.68	153.72	131.11	116.25	107.9	73.53
Income Tax Expense	22.16	22.68	16.38	12.37	12.52	8.79
Earnings From Continuing Operations	134.52	131.05	114.72	103.88	95.38	64.74
Net Income	134.52	131.05	114.72	103.88	95.38	64.74
Net Income to Common	134.52	131.05	114.72	103.88	95.38	64.74
Net Income Growth	16.19%	14.23%	10.44%	8.91%	47.32%	80.35%
Shares Outstanding (Basic)	101	102	90	78	78	74
Shares Outstanding (Diluted)	101	102	90	78	78	74
Shares Change (YoY)	4.73%	12.46%	16.53%	0.03%	4.97%	0.89%
EPS (Basic)	1.33	1.29	1.27	1.34	1.23	0.88
EPS (Diluted)	1.33	1.29	1.27	1.34	1.23	0.88
EPS Growth	10.94%	1.57%	-5.22%	8.94%	40.27%	78.96%
Free Cash Flow	-191.73	-118.72	38.48	15.72	66.52	79.79
Free Cash Flow Per Share	-1.90	-1.17	0.43	0.20	0.86	1.08
Dividend Per Share	0.420	0.420	0.400	-	-	-
Dividend Growth	5.00%	5.00%	-	-	-	-
Gross Margin	31.92%	31.42%	30.64%	32.14%	33.48%	33.35%
Operating Margin	15.61%	15.52%	14.47%	15.56%	16.16%	16.10%
Profit Margin	15.01%	15.15%	14.61%	14.57%	15.06%	11.29%
Free Cash Flow Margin	-21.40%	-13.72%	4.90%	2.20%	10.51%	13.92%
EBITDA	174.87	167.22	138.64	132.85	123.16	112.58
EBITDA Margin	19.51%	19.33%	17.65%	18.63%	19.45%	19.63%
D&A For EBITDA	35	33	24.98	21.91	20.81	20.29
EBIT	139.87	134.23	113.66	110.94	102.35	92.29
EBIT Margin	15.61%	15.52%	14.47%	15.56%	16.16%	16.10%
Effective Tax Rate	14.14%	14.75%	12.50%	10.64%	11.60%	11.96%
Revenue as Reported	896.13	865.11	785.43	713.04	-	-
Advertising Expenses	-	0.29	0.64	1.05	1.81	0.59

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