Hengguang Holding Co., Limited (HGIA)

Hengguang Holding Income Statement

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

Year Ending	TTM	Dec 31, 2020	Dec 31, 2019
Revenue	19.66	21.88	23.48
Revenue Growth (YoY)	-	-6.80%	-
Cost of Revenue	-	18.39	19.14
Gross Profit	3.3	3.49	4.34
Selling, General & Admin	-	3.92	1.88
Operating Expenses	-	3.92	1.88
Operating Income	-1.35	-0.42	2.47
Interest Expense / Income	-0	-0.07	-0
Other Expense / Income	-0.33	-0.43	-1.29
Pretax Income	-1.02	0.07	3.76
Income Tax	-0.24	0.03	0.94
Net Income	-0.78	0.05	2.81
Net Income Growth	-	-98.38%	-
Free Cash Flow	-1.12	0.77	3.55
Gross Margin	16.80%	15.96%	18.49%
Operating Margin	-6.87%	-1.93%	10.50%
Profit Margin	-3.96%	0.21%	11.98%
Free Cash Flow Margin	-5.70%	3.50%	15.14%
Effective Tax Rate	-	36.85%	25.10%
EBITDA	-0.98	0.03	3.78
EBITDA Margin	-4.98%	0.16%	16.08%
Depreciation & Amortization	0.04	0.03	0.02
EBIT	-1.02	0	3.75
EBIT Margin	-5.19%	0.01%	15.99%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).