ValueHD Corporation (SHE:301318)

ValueHD 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	740.41	663.6	484.98	600.13	594.85	670.11
Other Revenue	7.24	7.24	3.08	4.45	5.38	-
Revenue	747.64	670.84	488.06	604.58	600.23	670.11
Revenue Growth (YoY)	48.54%	37.45%	-19.27%	0.73%	-10.43%	135.23%
Cost of Revenue	400.42	359.91	275.59	337.45	325.55	350.06
Gross Profit	347.23	310.93	212.47	267.13	274.67	320.05
Selling, General & Admin	139.56	133.22	94.71	80.85	62.3	72.12
Research & Development	96.66	96.43	93.93	77.24	64	50.41
Other Operating Expenses	0.43	-1.72	-6.14	-8.16	-10.04	-1.03
Operating Expenses	236.26	227.64	183.74	153	115.9	121.51
Operating Income	110.97	83.28	28.73	114.13	158.77	198.54
Interest Expense	-2.39	-2.43	-2.25	-2.49	-2.24	-
Interest & Investment Income	32.91	34.8	24.96	12.73	1.8	2.69
Currency Exchange Gain (Loss)	4.45	4.45	2.32	2.73	-2.52	-
Other Non Operating Income (Expenses)	-0.75	0.05	-1.04	-0.4	0.08	-9.79
EBT Excluding Unusual Items	145.19	120.15	52.74	126.69	155.88	191.44
Impairment of Goodwill	-1.07	-1.07	-	-	-	-
Gain (Loss) on Sale of Investments	7.36	9.74	18.42	4.19	3.2	0.51
Gain (Loss) on Sale of Assets	4.77	4.81	0.12	0.05	0.06	0.01
Asset Writedown	-0.39	-0.04	-0.02	-	-	-
Other Unusual Items	3.83	-0.56	10.6	5.38	8.31	-
Pretax Income	159.69	133.03	81.86	136.32	167.46	191.96
Income Tax Expense	14.25	8.65	-0.31	8.97	17.75	23.63
Earnings From Continuing Operations	145.44	124.38	82.17	127.34	149.71	168.32
Minority Interest in Earnings	-0.75	-0.07	-	-	-	-
Net Income	144.69	124.31	82.17	127.34	149.71	168.32
Net Income to Common	144.69	124.31	82.17	127.34	149.71	168.32
Net Income Growth	72.14%	51.28%	-35.47%	-14.94%	-11.06%	230.29%
Shares Outstanding (Basic)	134	134	135	113	101	99
Shares Outstanding (Diluted)	135	135	135	113	101	99
Shares Change (YoY)	-0.21%	0.30%	19.35%	11.35%	2.22%	1.79%
EPS (Basic)	1.08	0.93	0.61	1.13	1.48	1.70
EPS (Diluted)	1.07	0.92	0.61	1.13	1.48	1.70
EPS Growth	72.51%	50.82%	-45.93%	-23.61%	-12.99%	224.49%
Free Cash Flow	43.81	51.72	71.81	86.52	123.4	135.74
Free Cash Flow Per Share	0.33	0.38	0.53	0.77	1.22	1.37
Dividend Per Share	0.200	0.200	0.154	0.410	-	-
Dividend Growth	30.04%	30.04%	-62.52%	-	-	-
Gross Margin	46.44%	46.35%	43.53%	44.19%	45.76%	47.76%
Operating Margin	14.84%	12.41%	5.89%	18.88%	26.45%	29.63%
Profit Margin	19.35%	18.53%	16.84%	21.06%	24.94%	25.12%
Free Cash Flow Margin	5.86%	7.71%	14.71%	14.31%	20.56%	20.26%
EBITDA	120.85	92.67	36.15	118.72	161.79	198.68
EBITDA Margin	16.16%	13.81%	7.41%	19.64%	26.96%	29.65%
D&A For EBITDA	9.88	9.39	7.42	4.59	3.01	0.14
EBIT	110.97	83.28	28.73	114.13	158.77	198.54
EBIT Margin	14.84%	12.41%	5.89%	18.88%	26.45%	29.63%
Effective Tax Rate	8.92%	6.50%	-	6.58%	10.60%	12.31%
Revenue as Reported	747.64	670.84	488.06	604.58	600.23	670.11
Advertising Expenses	-	6.68	9.88	5.33	1.95	-

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