HENGHUI Technology Corporation Limited (SHE:301678)

SHE:301678 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	949.45	842.07	766.73	683.81	531.69	380.54
Other Revenue	-	-	-	-	13.61	5.66
Revenue	949.45	842.07	766.73	683.81	545.3	386.21
Revenue Growth (YoY)	23.83%	9.83%	12.13%	25.40%	41.19%	-6.52%
Cost of Revenue	683	555.06	492.35	479.24	367.76	269.77
Gross Profit	266.45	287.02	274.37	204.56	177.54	116.44
Selling, General & Admin	53.33	47.82	48.86	46.99	46.11	37.92
Research & Development	59.75	57.37	53.79	42.58	39.83	26.34
Other Operating Expenses	3.37	0.93	1.72	3.6	-14.17	-1.96
Operating Expenses	117.45	109.15	113.4	99.53	72.73	62.95
Operating Income	149	177.86	160.97	105.03	104.81	53.49
Interest Expense	-0.38	-0.5	-1.86	-2.63	-0.68	-2.11
Interest & Investment Income	17.32	12.15	4.74	1.05	1.7	0.7
Currency Exchange Gain (Loss)	4.99	4.99	2.93	10.75	-1.1	-1.97
Other Non Operating Income (Expenses)	-6.65	-0.08	-0.07	-0.09	0.25	-0.5
EBT Excluding Unusual Items	164.29	194.42	166.71	114.11	104.99	49.6
Impairment of Goodwill	-1.75	-1.75	-	-	-	-2.31
Gain (Loss) on Sale of Investments	0.38	-	-	-	-	-
Gain (Loss) on Sale of Assets	2.89	-0.1	-0.03	-0.26	0	-
Asset Writedown	6.1	-0.41	-0.1	-0	-0.2	-0.14
Other Unusual Items	15.85	15.87	4.18	7.41	5.44	-0.45
Pretax Income	187.75	208.03	170.76	121.26	110.23	46.7
Income Tax Expense	18.3	22.05	17.43	10.18	7.85	4.41
Earnings From Continuing Operations	169.45	185.99	153.33	111.07	102.38	42.29
Minority Interest in Earnings	0.61	-0.01	-0.99	-1.14	-0.23	0.1
Net Income	170.06	185.97	152.34	109.93	102.15	42.39
Net Income to Common	170.06	185.97	152.34	109.93	102.15	42.39
Net Income Growth	11.63%	22.07%	38.58%	7.62%	140.97%	-43.10%
Shares Outstanding (Basic)	198	180	180	180	180	167
Shares Outstanding (Diluted)	198	180	180	180	180	167
Shares Change (YoY)	10.23%	-	-	-	7.36%	-
EPS (Basic)	0.86	1.04	0.85	0.61	0.57	0.25
EPS (Diluted)	0.86	1.04	0.85	0.61	0.57	0.25
EPS Growth	1.27%	22.07%	39.00%	7.29%	127.42%	-
Free Cash Flow	136.93	211.93	79.81	29.71	-44.35	22.85
Free Cash Flow Per Share	0.69	1.18	0.44	0.17	-0.25	0.14
Gross Margin	28.06%	34.09%	35.78%	29.92%	32.56%	30.15%
Operating Margin	15.69%	21.12%	21.00%	15.36%	19.22%	13.85%
Profit Margin	17.91%	22.09%	19.87%	16.08%	18.73%	10.98%
Free Cash Flow Margin	14.42%	25.17%	10.41%	4.35%	-8.13%	5.92%
EBITDA	200.84	229.87	216.93	160.06	149.75	89.21
EBITDA Margin	21.15%	27.30%	28.29%	23.41%	27.46%	23.10%
D&A For EBITDA	51.84	52	55.96	55.03	44.94	35.73
EBIT	149	177.86	160.97	105.03	104.81	53.49
EBIT Margin	15.69%	21.12%	21.00%	15.36%	19.22%	13.85%
Effective Tax Rate	9.75%	10.60%	10.21%	8.40%	7.12%	9.44%
Revenue as Reported	949.45	842.07	766.73	683.81	545.3	386.21

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