Meihua International Medical Technologies Co., Ltd. (MHUA)

MHUA Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	89.55	96.91	97.1	103.35	104.04	89.06
Revenue Growth (YoY)	-4.99%	-0.19%	-6.04%	-0.66%	16.82%	11.85%
Cost of Revenue	58.91	63.7	64	65.38	64.36	52.05
Gross Profit	30.63	33.21	33.1	37.97	39.68	37.01
Selling, General & Admin	12.41	13.7	13.15	18.81	10.69	11.05
Research & Development	3.33	3.46	2.75	2.96	2.73	2.49
Other Operating Expenses	0.63	0.63	0.59	0.64	-	-
Operating Expenses	18.97	18.89	18.42	22.41	13.42	13.54
Operating Income	11.66	14.31	14.67	15.56	26.26	23.47
Interest Expense	-1.5	-1.51	-0.25	-0.19	-0.18	-0.14
Interest & Investment Income	1.3	1.01	0.87	0.06	0.02	0.04
Currency Exchange Gain (Loss)	0.08	0.38	-0.15	0.27	0.17	0.39
Other Non Operating Income (Expenses)	0.18	0.1	-0.1	-0.05	-0.05	-0.03
EBT Excluding Unusual Items	11.71	14.3	15.05	15.65	26.23	23.73
Other Unusual Items	-0.16	-0.68	-	-4.76	-	-
Pretax Income	11.54	13.63	15.05	10.89	26.23	23.73
Income Tax Expense	2.27	2.79	3.46	4.71	5.28	4.69
Earnings From Continuing Operations	9.27	10.84	11.59	6.18	20.95	19.05
Minority Interest in Earnings	0	0.01	0.03	0.07	-	-
Net Income	9.27	10.84	11.63	6.24	20.95	19.05
Net Income to Common	9.27	10.84	11.63	6.24	20.95	19.05
Net Income Growth	-0.09%	-6.73%	86.22%	-70.20%	10.00%	23.42%
Shares Outstanding (Basic)	31	27	24	23	20	20
Shares Outstanding (Diluted)	31	27	24	23	20	20
Shares Change (YoY)	12.69%	14.34%	2.26%	17.05%	-	7.67%
EPS (Basic)	0.30	0.40	0.49	0.27	1.05	0.95
EPS (Diluted)	0.29	0.40	0.49	0.27	1.05	0.95
EPS Growth	-20.95%	-18.42%	82.10%	-74.54%	10.00%	14.63%
Free Cash Flow	3.59	14.5	1.09	-11.86	-0.9	-10.79
Free Cash Flow Per Share	0.12	0.53	0.05	-0.51	-0.04	-0.54
Gross Margin	34.21%	34.27%	34.08%	36.74%	38.14%	41.55%
Operating Margin	13.02%	14.77%	15.11%	15.05%	25.24%	26.35%
Profit Margin	10.35%	11.19%	11.97%	6.04%	20.14%	21.39%
Free Cash Flow Margin	4.00%	14.97%	1.13%	-11.48%	-0.87%	-12.12%
EBITDA	12.21	14.88	15.15	16.12	26.88	23.99
EBITDA Margin	13.64%	15.36%	15.60%	15.60%	25.84%	26.94%
D&A For EBITDA	0.55	0.57	0.47	0.56	0.62	0.52
EBIT	11.66	14.31	14.67	15.56	26.26	23.47
EBIT Margin	13.02%	14.77%	15.11%	15.05%	25.24%	26.35%
Effective Tax Rate	19.68%	20.47%	22.98%	43.28%	20.13%	19.75%
Revenue as Reported	89.55	96.91	97.1	103.35	104.04	89.06
Advertising Expenses	-	0	0.01	0.1	0.02	0.05

Updated Apr 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q