Guangdong Huicheng Vacuum Technology Co., Ltd. (SHE:301392)

SHE:301392 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	392.56	519.9	521.73	570.73	534.11	392.37
Other Revenue	0.4	0.4	0.38	0.06	0.05	0.02
Revenue	392.96	520.3	522.11	570.79	534.16	392.4
Revenue Growth (YoY)	-30.42%	-0.35%	-8.53%	6.86%	36.13%	32.83%
Cost of Revenue	293.73	360.38	347.58	396.86	376.49	286.99
Gross Profit	99.23	159.92	174.54	173.94	157.67	105.4
Selling, General & Admin	51.75	58.47	48.06	50.9	44.55	36.67
Research & Development	30.33	30.44	30.15	31.06	23.65	14.62
Other Operating Expenses	11.88	2.48	3.52	3.89	2.86	0.98
Operating Expenses	94.61	100.49	88.07	83.21	76.36	53.54
Operating Income	4.62	59.43	86.47	90.73	81.31	51.86
Interest Expense	-1.21	-4.01	-5.27	-6.89	-7.36	-1.17
Interest & Investment Income	2.95	1.53	1.54	2.02	0.45	0.66
Currency Exchange Gain (Loss)	1.76	1.76	1.6	6.58	-0.14	-1.4
Other Non Operating Income (Expenses)	-2.45	-0.38	-0.28	0.03	1.03	-1.4
EBT Excluding Unusual Items	5.67	58.32	84.06	92.48	75.29	48.55
Gain (Loss) on Sale of Investments	-	-	-	-	-0.4	-
Gain (Loss) on Sale of Assets	0.02	-	-	-	0	-
Asset Writedown	0.02	-0.02	-	-	-0.01	-
Other Unusual Items	15.22	15.36	6.42	-14.65	2.72	9.75
Pretax Income	20.93	73.67	90.48	77.83	77.61	58.3
Income Tax Expense	-0.33	5.57	9.41	7.41	7.59	6.94
Earnings From Continuing Operations	21.26	68.09	81.08	70.42	70.02	51.36
Minority Interest in Earnings	-	-	-	0.87	1.43	3.67
Net Income	21.26	68.09	81.08	71.29	71.45	55.03
Net Income to Common	21.26	68.09	81.08	71.29	71.45	55.03
Net Income Growth	-77.10%	-16.01%	13.73%	-0.22%	29.82%	146.57%
Shares Outstanding (Basic)	100	90	75	75	75	75
Shares Outstanding (Diluted)	100	90	75	75	75	75
Shares Change (YoY)	23.28%	19.35%	0.04%	-0.22%	-0.24%	1.33%
EPS (Basic)	0.21	0.76	1.08	0.95	0.95	0.73
EPS (Diluted)	0.21	0.76	1.08	0.95	0.95	0.73
EPS Growth	-81.43%	-29.63%	13.68%	-	30.14%	143.33%
Free Cash Flow	117.78	-49.78	-31.31	136.73	-29.7	-61.21
Free Cash Flow Per Share	1.17	-0.56	-0.42	1.82	-0.40	-0.81
Dividend Per Share	0.300	0.450	-	-	-	-
Gross Margin	25.25%	30.74%	33.43%	30.47%	29.52%	26.86%
Operating Margin	1.18%	11.42%	16.56%	15.90%	15.22%	13.22%
Profit Margin	5.41%	13.09%	15.53%	12.49%	13.38%	14.03%
Free Cash Flow Margin	29.97%	-9.57%	-6.00%	23.95%	-5.56%	-15.60%
EBITDA	20.22	73.12	97.62	100.03	88.64	54.72
EBITDA Margin	5.15%	14.05%	18.70%	17.52%	16.59%	13.95%
D&A For EBITDA	15.6	13.69	11.15	9.3	7.33	2.86
EBIT	4.62	59.43	86.47	90.73	81.31	51.86
EBIT Margin	1.18%	11.42%	16.56%	15.90%	15.22%	13.22%
Effective Tax Rate	-	7.57%	10.39%	9.52%	9.78%	11.90%
Revenue as Reported	392.96	520.3	522.11	570.79	534.16	392.4

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.