Guangdong Hongjing Optoelectronic Technology Inc. (SHE:301479)

SHE:301479 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	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,163	1,082	765.34	434.37	223.73	208.82
Other Revenue	9.97	9.97	7.68	12.13	27.99	26.37
Revenue	1,173	1,092	773.02	446.5	251.72	235.2
Revenue Growth (YoY)	47.21%	41.25%	73.13%	77.38%	7.02%	16.15%
Cost of Revenue	839.34	773.37	542.09	330.42	188.82	180.7
Gross Profit	333.8	318.55	230.93	116.08	62.9	54.5
Selling, General & Admin	67.98	62.81	48.08	32.08	24	21.87
Research & Development	71.52	67.8	50	28.07	20.76	14.76
Other Operating Expenses	0.66	-0.14	0.31	-4.81	-0.28	-3.46
Operating Expenses	144.3	133.79	99.66	59.4	45.06	33.05
Operating Income	189.5	184.76	131.28	56.68	17.84	21.45
Interest Expense	-4.61	-5.25	-4.29	-3.32	-2.22	-2.02
Interest & Investment Income	2.22	1.72	1.23	0.25	0.24	0.08
Currency Exchange Gain (Loss)	1.96	1.96	-0.16	-	-	-
Other Non Operating Income (Expenses)	-1.04	-0.13	-0.14	4.21	-0.39	-2.5
EBT Excluding Unusual Items	188.02	183.06	127.91	57.81	15.48	17.01
Gain (Loss) on Sale of Investments	-	-	-	-0.22	-	-
Gain (Loss) on Sale of Assets	0.43	0.31	-0.75	0.1	0.24	0.09
Asset Writedown	-1.38	-0.52	-1.89	-0.13	-0.04	-0.02
Other Unusual Items	1.08	1.36	5.15	-0.01	-	-
Pretax Income	188.15	184.21	130.43	57.55	15.68	17.08
Income Tax Expense	19.28	18.99	14	1.1	0.42	2.17
Net Income	168.87	165.22	116.43	56.45	15.26	14.91
Net Income to Common	168.87	165.22	116.43	56.45	15.26	14.91
Net Income Growth	36.06%	41.90%	106.24%	269.99%	2.36%	15.26%
Shares Outstanding (Basic)	68	67	67	63	55	52
Shares Outstanding (Diluted)	68	67	67	63	55	52
Shares Change (YoY)	1.56%	-0.22%	6.50%	14.53%	4.97%	29.67%
EPS (Basic)	2.49	2.48	1.74	0.90	0.28	0.29
EPS (Diluted)	2.49	2.48	1.74	0.90	0.28	0.29
EPS Growth	33.97%	42.21%	93.66%	223.04%	-2.48%	-11.11%
Free Cash Flow	43.15	82.63	9.26	-77.25	-50.44	26.25
Free Cash Flow Per Share	0.64	1.24	0.14	-1.23	-0.92	0.50
Gross Margin	28.45%	29.17%	29.87%	26.00%	24.99%	23.17%
Operating Margin	16.15%	16.92%	16.98%	12.70%	7.09%	9.12%
Profit Margin	14.39%	15.13%	15.06%	12.64%	6.06%	6.34%
Free Cash Flow Margin	3.68%	7.57%	1.20%	-17.30%	-20.04%	11.16%
EBITDA	231.3	224.13	160.92	71.31	27.41	28.32
EBITDA Margin	19.72%	20.53%	20.82%	15.97%	10.89%	12.04%
D&A For EBITDA	41.8	39.37	29.64	14.63	9.57	6.87
EBIT	189.5	184.76	131.28	56.68	17.84	21.45
EBIT Margin	16.15%	16.92%	16.98%	12.70%	7.09%	9.12%
Effective Tax Rate	10.25%	10.31%	10.73%	1.90%	2.69%	12.71%
Revenue as Reported	1,173	1,092	773.02	446.5	251.72	235.2
Advertising Expenses	-	0.22	0.43	-	-	-

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