Yangzhou Huitong Technology Corp., Ltd. (SHE:301601)

SHE:301601 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	726.82	655.57	589.49	810.53	495.31	191.37
Other Revenue	6.9	6.9	2.86	2.67	2.96	2.38
Revenue	733.72	662.46	592.34	813.2	498.27	193.75
Revenue Growth (YoY)	47.25%	11.84%	-27.16%	63.20%	157.17%	14.88%
Cost of Revenue	512.04	449.74	392.83	581.31	332.32	126.15
Gross Profit	221.68	212.73	199.52	231.88	165.95	67.6
Selling, General & Admin	83.72	80.11	74.88	73.08	60.19	35.07
Research & Development	29.89	31.36	44.82	40.84	23.69	16.29
Other Operating Expenses	7.33	5.74	3.3	5.52	3.11	2.09
Operating Expenses	136.69	127.09	134.81	123.39	95.02	54.63
Operating Income	84.98	85.64	64.71	108.49	70.93	12.98
Interest Expense	-0.25	-0.26	-0.44	-0.19	-0.33	-0.02
Interest & Investment Income	29.45	32.33	35.77	33.89	23.67	13.48
Currency Exchange Gain (Loss)	-0.33	-0.33	-0.7	0.77	-0.29	0.13
Other Non Operating Income (Expenses)	-0.72	-0.95	-0.35	-0.34	-0.04	3.39
EBT Excluding Unusual Items	113.13	116.44	98.99	142.62	93.93	29.96
Gain (Loss) on Sale of Assets	0.11	0	0.3	-	0.02	-0.22
Asset Writedown	-2.04	-0	-0	-0	-0.07	-0
Other Unusual Items	7.4	2.47	5.77	6.87	2.21	5.25
Pretax Income	110.35	118.91	105.06	149.49	96.09	34.99
Income Tax Expense	9.01	12.53	7.04	19.35	11.51	4.34
Earnings From Continuing Operations	101.34	106.39	98.02	130.13	84.58	30.65
Minority Interest in Earnings	1.43	1.5	0.69	-	-	-
Net Income	102.77	107.89	98.71	130.13	84.58	30.65
Net Income to Common	102.77	107.89	98.71	130.13	84.58	30.65
Net Income Growth	21.51%	9.30%	-24.15%	53.86%	175.92%	0.36%
Shares Outstanding (Basic)	111	105	105	105	83	79
Shares Outstanding (Diluted)	111	105	105	105	83	79
Shares Change (YoY)	34.14%	0.00%	0.39%	26.56%	4.69%	4.77%
EPS (Basic)	0.92	1.02	0.94	1.24	1.02	0.39
EPS (Diluted)	0.92	1.02	0.94	1.24	1.02	0.39
EPS Growth	-9.42%	9.30%	-24.44%	21.57%	163.57%	-4.21%
Free Cash Flow	73.02	21.25	-404.95	-37.98	53.46	88.03
Free Cash Flow Per Share	0.66	0.20	-3.84	-0.36	0.65	1.11
Dividend Per Share	0.180	0.180	-	-	-	-
Gross Margin	30.21%	32.11%	33.68%	28.52%	33.30%	34.89%
Operating Margin	11.58%	12.93%	10.93%	13.34%	14.24%	6.70%
Profit Margin	14.01%	16.29%	16.66%	16.00%	16.98%	15.82%
Free Cash Flow Margin	9.95%	3.21%	-68.36%	-4.67%	10.73%	45.43%
EBITDA	94.48	95.48	75.96	119.37	81.88	22.28
EBITDA Margin	12.88%	14.41%	12.82%	14.68%	16.43%	11.50%
D&A For EBITDA	9.49	9.84	11.25	10.87	10.94	9.31
EBIT	84.98	85.64	64.71	108.49	70.93	12.98
EBIT Margin	11.58%	12.93%	10.93%	13.34%	14.24%	6.70%
Effective Tax Rate	8.17%	10.54%	6.70%	12.95%	11.98%	12.40%
Revenue as Reported	733.72	662.46	592.34	813.2	498.27	193.75
Advertising Expenses	-	1.25	1.2	0.17	0.6	0.09

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