HuangShan Googe Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	652.94	554.5	598.89	414.78	194.69	71.21
Other Revenue	170.13	170.13	160.1	121.88	60.76	17.92
Revenue	823.07	724.63	758.99	536.65	255.45	89.13
Revenue Growth (YoY)	8.44%	-4.53%	41.43%	110.08%	186.60%	-
Cost of Revenue	698.21	562.04	541.75	394.8	199.94	62.27
Gross Profit	124.86	162.59	217.23	141.86	55.51	26.86
Selling, General & Admin	24.62	18.81	18.34	13.91	6.18	3.41
Research & Development	23.24	21.15	18.4	12.34	4.94	2.67
Other Operating Expenses	5.92	-0.9	4.63	1.92	0.48	0.33
Operating Expenses	53.1	41.86	42.43	32.15	13.76	7.07
Operating Income	71.76	120.73	174.8	109.71	41.74	19.79
Interest Expense	-0.77	-0.23	-0.42	-0.26	-1.27	-1.08
Interest & Investment Income	5.42	1.84	0.94	0.85	0.29	0.01
Currency Exchange Gain (Loss)	0.43	0.43	1.54	5	-0.81	-1.35
Other Non Operating Income (Expenses)	0.09	-0.11	-0.17	-0.03	-0.31	-0.23
EBT Excluding Unusual Items	76.95	122.66	176.7	115.27	39.64	17.15
Gain (Loss) on Sale of Investments	0.05	-	-	-	-0.42	-0.4
Gain (Loss) on Sale of Assets	0.09	0	-0.02	-0.06	-0.02	0.05
Asset Writedown	-0.97	-0	-0.02	-0	-0	-
Other Unusual Items	11.43	11.43	14.09	3.3	0.37	0.75
Pretax Income	87.54	134.09	190.75	118.51	39.57	17.54
Income Tax Expense	9.98	17.26	27.29	16.17	5.29	2.42
Earnings From Continuing Operations	77.56	116.83	163.46	102.34	34.28	15.12
Minority Interest in Earnings	-5.93	-4.91	-6.18	-2.87	-	-
Net Income	71.63	111.92	157.28	99.47	34.28	15.12
Net Income to Common	71.63	111.92	157.28	99.47	34.28	15.12
Net Income Growth	-54.45%	-28.84%	58.12%	190.19%	126.70%	-
Shares Outstanding (Basic)	75	60	60	59	39	34
Shares Outstanding (Diluted)	75	60	60	59	39	34
Shares Change (YoY)	24.21%	-0.30%	1.99%	51.10%	15.92%	-
EPS (Basic)	0.96	1.87	2.62	1.69	0.88	0.45
EPS (Diluted)	0.96	1.87	2.62	1.69	0.88	0.45
EPS Growth	-63.33%	-28.63%	55.03%	92.05%	95.56%	-
Free Cash Flow	-23.69	23.56	66.86	-16.59	-23.01	1.41
Free Cash Flow Per Share	-0.32	0.39	1.11	-0.28	-0.59	0.04
Dividend Per Share	0.700	0.700	-	-	-	-
Gross Margin	15.17%	22.44%	28.62%	26.43%	21.73%	30.13%
Operating Margin	8.72%	16.66%	23.03%	20.44%	16.34%	22.20%
Profit Margin	8.70%	15.45%	20.72%	18.54%	13.42%	16.96%
Free Cash Flow Margin	-2.88%	3.25%	8.81%	-3.09%	-9.01%	1.58%
EBITDA	88.28	136.16	188.81	117.82	44.81	21.96
EBITDA Margin	10.72%	18.79%	24.88%	21.95%	17.54%	24.64%
D&A For EBITDA	16.51	15.44	14.01	8.11	3.07	2.17
EBIT	71.76	120.73	174.8	109.71	41.74	19.79
EBIT Margin	8.72%	16.66%	23.03%	20.44%	16.34%	22.20%
Effective Tax Rate	11.40%	12.87%	14.31%	13.65%	13.37%	13.78%
Revenue as Reported	823.07	724.63	758.99	536.65	255.45	89.13

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