Jiangsu Huayang Intelligent Equipment Co.,Ltd. (SHE:301502)

SHE:301502 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	467.28	464.13	470.52	452.78	498.54	395.76
Other Revenue	19.28	19.28	5.44	10.66	-	-
Revenue	486.56	483.41	475.96	463.44	498.54	395.76
Revenue Growth (YoY)	1.70%	1.57%	2.70%	-7.04%	25.97%	25.81%
Cost of Revenue	397.25	391	362.57	348.1	374.62	283.09
Gross Profit	89.3	92.41	113.39	115.33	123.92	112.67
Selling, General & Admin	33.98	38.25	25.85	23.56	24.52	20.49
Research & Development	19.02	18.84	19.82	21.87	19.68	15.96
Other Operating Expenses	0.42	-0.18	0.67	2.96	2.71	2.43
Operating Expenses	60.31	60.33	48.57	46.43	49.01	40.64
Operating Income	28.99	32.09	64.82	68.9	74.91	72.02
Interest Expense	-0.8	-1.1	-1.55	-2.41	-1.38	-1.18
Interest & Investment Income	4.85	4.91	0.14	0.17	0.45	0.2
Currency Exchange Gain (Loss)	0.07	0.07	0.05	0.15	-0.09	-0.07
Other Non Operating Income (Expenses)	0.08	-0.05	0.06	-0.12	0.12	-0.32
EBT Excluding Unusual Items	33.2	35.92	63.52	66.69	74.01	70.66
Gain (Loss) on Sale of Investments	1.34	0.16	-0	0	-0.03	0.03
Gain (Loss) on Sale of Assets	-0.05	-0.05	0.04	0.03	-	-
Asset Writedown	-0.28	-0.28	-0.05	-0.08	-0.91	-0.44
Legal Settlements	0.06	0.06	0.21	-0.27	-	-
Other Unusual Items	2.85	1.7	9.24	3.58	1.06	0.04
Pretax Income	37.13	37.51	72.96	69.96	74.14	70.29
Income Tax Expense	3.41	3.87	7.63	6.47	9	10.32
Earnings From Continuing Operations	33.71	33.64	65.33	63.48	65.14	59.97
Minority Interest in Earnings	0.02	0	0.02	0.01	0.03	0.4
Net Income	33.73	33.65	65.35	63.5	65.17	60.37
Net Income to Common	33.73	33.65	65.35	63.5	65.17	60.37
Net Income Growth	-43.41%	-48.51%	2.92%	-2.57%	7.96%	29.90%
Shares Outstanding (Basic)	59	56	43	43	43	43
Shares Outstanding (Diluted)	59	56	43	43	43	43
Shares Change (YoY)	35.55%	30.99%	-0.00%	-0.14%	0.15%	32.34%
EPS (Basic)	0.57	0.60	1.53	1.48	1.52	1.41
EPS (Diluted)	0.57	0.60	1.53	1.48	1.52	1.41
EPS Growth	-58.26%	-60.69%	2.93%	-2.43%	7.80%	-1.84%
Free Cash Flow	-63.26	-23.71	7.32	-38.86	-50.06	-7.77
Free Cash Flow Per Share	-1.07	-0.42	0.17	-0.91	-1.17	-0.18
Dividend Per Share	0.350	0.350	0.525	-	-	-
Dividend Growth	-33.33%	-33.33%	-	-	-	-
Gross Margin	18.35%	19.12%	23.82%	24.89%	24.86%	28.47%
Operating Margin	5.96%	6.64%	13.62%	14.87%	15.02%	18.20%
Profit Margin	6.93%	6.96%	13.73%	13.70%	13.07%	15.25%
Free Cash Flow Margin	-13.00%	-4.91%	1.54%	-8.38%	-10.04%	-1.96%
EBITDA	51.59	54.48	86.39	85.42	87.42	82.51
EBITDA Margin	10.60%	11.27%	18.15%	18.43%	17.54%	20.85%
D&A For EBITDA	22.6	22.39	21.57	16.52	12.52	10.49
EBIT	28.99	32.09	64.82	68.9	74.91	72.02
EBIT Margin	5.96%	6.64%	13.62%	14.87%	15.02%	18.20%
Effective Tax Rate	9.20%	10.31%	10.45%	9.25%	12.13%	14.69%
Revenue as Reported	486.56	483.41	475.96	463.44	-	-
Advertising Expenses	-	0.29	0.51	0.3	0.05	0.18

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