Hangzhou Heshun Technology Co.,LTD. (SHE:301237)

SHE:301237 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	518.52	491.34	407.89	496.05	630.31	374.53
Other Revenue	11.76	11.76	13.61	7.47	9.31	2.48
Revenue	530.28	503.09	421.5	503.53	639.62	377.01
Revenue Growth (YoY)	16.31%	19.36%	-16.29%	-21.28%	69.66%	59.18%
Cost of Revenue	526.69	500.8	378.36	406.95	436.82	251.65
Gross Profit	3.58	2.29	43.14	96.58	202.8	125.36
Selling, General & Admin	42.06	40.77	27.71	22.81	30.18	19.07
Research & Development	20.73	20.48	19.33	21.1	23.46	15.37
Other Operating Expenses	2.33	0.32	0.78	2.05	4.05	1.19
Operating Expenses	66.14	62.68	47.78	46.13	58.5	36.29
Operating Income	-62.56	-60.39	-4.64	50.45	144.3	89.07
Interest Expense	-1.2	-2.02	-2.17	-1.94	-4.9	-4.33
Interest & Investment Income	1.86	2.84	16.07	21.35	0.31	0.17
Currency Exchange Gain (Loss)	0.55	0.55	0.35	-0	-0.11	-0.18
Other Non Operating Income (Expenses)	-0.41	-0.42	-0.2	-0.15	-0.05	-0.33
EBT Excluding Unusual Items	-61.76	-59.45	9.41	69.7	139.54	84.39
Gain (Loss) on Sale of Investments	1.44	2.74	1.33	-	-0.04	-
Gain (Loss) on Sale of Assets	-0	-0	0.03	-	0.03	-
Asset Writedown	-14.39	-7.91	-0.3	-	-	-
Other Unusual Items	7.04	6.24	5.71	3.86	2.32	1.35
Pretax Income	-67.67	-58.38	16.18	73.56	141.86	85.75
Income Tax Expense	-12.03	-10.69	1.57	8.21	18.16	11.57
Earnings From Continuing Operations	-55.64	-47.69	14.61	65.35	123.7	74.17
Minority Interest in Earnings	0.57	0.55	0.03	-	-	-
Net Income	-55.08	-47.14	14.64	65.35	123.7	74.17
Net Income to Common	-55.08	-47.14	14.64	65.35	123.7	74.17
Net Income Growth	-	-	-77.60%	-47.17%	66.76%	106.85%
Shares Outstanding (Basic)	76	80	81	75	60	60
Shares Outstanding (Diluted)	76	80	81	75	60	60
Shares Change (YoY)	-11.96%	-1.75%	8.28%	25.09%	0.38%	13.94%
EPS (Basic)	-0.73	-0.59	0.18	0.87	2.06	1.24
EPS (Diluted)	-0.73	-0.59	0.18	0.87	2.06	1.24
EPS Growth	-	-	-79.31%	-57.77%	66.13%	82.35%
Free Cash Flow	-343.84	-289.11	-266.2	-177.75	18.86	-21.07
Free Cash Flow Per Share	-4.55	-3.62	-3.27	-2.37	0.31	-0.35
Dividend Per Share	0.100	0.100	0.100	1.000	0.700	-
Dividend Growth	-	-	-90.00%	42.86%	-	-
Gross Margin	0.68%	0.46%	10.23%	19.18%	31.71%	33.25%
Operating Margin	-11.80%	-12.00%	-1.10%	10.02%	22.56%	23.63%
Profit Margin	-10.39%	-9.37%	3.47%	12.98%	19.34%	19.67%
Free Cash Flow Margin	-64.84%	-57.47%	-63.15%	-35.30%	2.95%	-5.59%
EBITDA	12.5	6.71	30.65	81.62	174.6	110.33
EBITDA Margin	2.36%	1.33%	7.27%	16.21%	27.30%	29.27%
D&A For EBITDA	75.06	67.11	35.29	31.17	30.29	21.26
EBIT	-62.56	-60.39	-4.64	50.45	144.3	89.07
EBIT Margin	-11.80%	-12.00%	-1.10%	10.02%	22.56%	23.63%
Effective Tax Rate	-	-	9.70%	11.16%	12.80%	13.50%
Revenue as Reported	530.28	503.09	421.5	503.53	639.62	377.01

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