Hengong Precision Equipment Co., Ltd. (SHE:301261)

SHE:301261 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	992.96	998.11	851.5	834.19	849.74	521.57
Other Revenue	34.5	34.5	31.77	29.59	28.73	6.53
Revenue	1,027	1,033	883.27	863.78	878.47	528.11
Revenue Growth (YoY)	13.48%	16.91%	2.26%	-1.67%	66.34%	27.02%
Cost of Revenue	797.71	800.31	659.11	669.76	665.02	381.57
Gross Profit	229.75	232.3	224.16	194.02	213.45	146.54
Selling, General & Admin	94.74	88.88	62.31	45.51	56.88	45.97
Research & Development	40.11	38.66	29.56	27.67	28.09	17.68
Other Operating Expenses	9.45	3.62	1.89	4.55	3.23	2.24
Operating Expenses	148.29	135.71	97.1	79.56	88.76	67.01
Operating Income	81.47	96.59	127.07	114.46	124.68	79.52
Interest Expense	-24.18	-24.14	-9.07	-8.44	-6.62	-8.13
Interest & Investment Income	40.97	31.19	11.06	0.96	0.77	0.73
Currency Exchange Gain (Loss)	0.9	0.9	1.83	1.08	-1.44	-0.58
Other Non Operating Income (Expenses)	-1.22	-1.8	-1.31	-0.4	-0.46	-0.58
EBT Excluding Unusual Items	97.94	102.74	129.57	107.65	116.92	70.95
Gain (Loss) on Sale of Investments	-32.36	-31.5	1.64	-	-	-
Gain (Loss) on Sale of Assets	0.37	-0.02	-0.28	0.01	0.02	0.02
Asset Writedown	-12.85	-1.4	-0.05	-0	0.06	-0
Other Unusual Items	7.95	7.29	9.52	10.76	1	1.17
Pretax Income	61.05	77.1	140.4	118.41	118.01	72.15
Income Tax Expense	2.61	7.43	13.75	16.69	16.05	11.58
Net Income	58.45	69.67	126.65	101.73	101.96	60.57
Net Income to Common	58.45	69.67	126.65	101.73	101.96	60.57
Net Income Growth	-54.21%	-44.99%	24.50%	-0.22%	68.34%	50.84%
Shares Outstanding (Basic)	88	88	75	66	66	57
Shares Outstanding (Diluted)	88	88	75	66	66	57
Shares Change (YoY)	8.42%	17.68%	13.69%	-	16.38%	-
EPS (Basic)	0.67	0.79	1.69	1.54	1.55	1.07
EPS (Diluted)	0.67	0.79	1.69	1.54	1.55	1.07
EPS Growth	-57.77%	-53.25%	9.74%	-0.43%	44.65%	-
Free Cash Flow	-439.04	-340.49	-111.37	-25.59	8.54	-55.43
Free Cash Flow Per Share	-5.01	-3.86	-1.49	-0.39	0.13	-0.98
Dividend Per Share	0.500	0.500	0.500	-	-	-
Gross Margin	22.36%	22.50%	25.38%	22.46%	24.30%	27.75%
Operating Margin	7.93%	9.35%	14.39%	13.25%	14.19%	15.06%
Profit Margin	5.69%	6.75%	14.34%	11.78%	11.61%	11.47%
Free Cash Flow Margin	-42.73%	-32.97%	-12.61%	-2.96%	0.97%	-10.50%
EBITDA	140.48	152.48	170.47	153.33	156.5	101.99
EBITDA Margin	13.67%	14.77%	19.30%	17.75%	17.82%	19.31%
D&A For EBITDA	59.02	55.89	43.4	38.87	31.82	22.47
EBIT	81.47	96.59	127.07	114.46	124.68	79.52
EBIT Margin	7.93%	9.35%	14.39%	13.25%	14.19%	15.06%
Effective Tax Rate	4.27%	9.64%	9.79%	14.09%	13.60%	16.05%
Revenue as Reported	1,027	1,033	883.27	863.78	878.47	528.11
Advertising Expenses	-	4.34	1.23	0.22	1.38	2.65

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.