Beijing Huafeng Test & Control Technology Co.,Ltd. (SHA:688200)

SHA:688200 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	962.01	901.19	687.54	1,068	876.79	395.94
Other Revenue	4.16	4.16	3.32	2.35	1.48	1.54
Revenue	966.17	905.35	690.86	1,071	878.27	397.48
Revenue Growth (YoY)	53.94%	31.05%	-35.47%	21.89%	120.96%	56.12%
Cost of Revenue	255.52	242.53	199.68	247.54	174.02	80.82
Gross Profit	710.65	662.82	491.18	823.02	704.25	316.66
Selling, General & Admin	195.07	186.39	159.6	159.3	132.93	91.49
Research & Development	188.9	172.37	131.98	117.81	93.24	58.11
Other Operating Expenses	-17.52	-22.1	-14.17	-6.48	-5.15	-4.81
Operating Expenses	369.77	345.75	276.64	294.94	220.37	147.06
Operating Income	340.88	317.07	214.54	528.08	483.88	169.6
Interest Expense	-0.48	-0.4	-0.21	-0.24	-0.14	-
Interest & Investment Income	45.8	46.98	48.2	36.26	28.92	13.09
Currency Exchange Gain (Loss)	4.75	4.75	5.32	16.01	-2.26	-4.32
Other Non Operating Income (Expenses)	-1.05	-0.25	-0.2	-0.12	-0.06	-0.13
EBT Excluding Unusual Items	389.9	368.15	267.64	580	510.34	178.25
Gain (Loss) on Sale of Investments	6.37	-12.32	-3.04	8.3	-7.44	54.68
Gain (Loss) on Sale of Assets	-0.02	0.02	0.01	-0.01	-0.07	-0
Asset Writedown	0.18	-	-	-	-	-
Other Unusual Items	5.38	5.38	0.99	10.33	5.35	5.66
Pretax Income	401.81	361.22	265.59	598.62	508.18	238.59
Income Tax Expense	29.4	27.31	13.94	72.33	69.41	39.39
Net Income	372.41	333.91	251.65	526.29	438.77	199.19
Net Income to Common	372.41	333.91	251.65	526.29	438.77	199.19
Net Income Growth	85.83%	32.69%	-52.18%	19.95%	120.28%	95.31%
Shares Outstanding (Basic)	134	135	135	135	134	128
Shares Outstanding (Diluted)	134	135	135	135	134	128
Shares Change (YoY)	-1.06%	-0.08%	0.26%	0.58%	4.55%	30.39%
EPS (Basic)	2.77	2.47	1.86	3.91	3.27	1.55
EPS (Diluted)	2.77	2.47	1.86	3.90	3.27	1.55
EPS Growth	87.82%	32.80%	-52.31%	19.25%	110.69%	49.78%
Free Cash Flow	180.65	157.28	296.01	365.92	9.34	111.74
Free Cash Flow Per Share	1.34	1.16	2.19	2.71	0.07	0.87
Dividend Per Share	0.980	0.980	0.560	0.946	0.982	0.452
Dividend Growth	75.00%	75.00%	-40.80%	-3.64%	117.17%	65.02%
Gross Margin	73.55%	73.21%	71.10%	76.88%	80.19%	79.67%
Operating Margin	35.28%	35.02%	31.05%	49.33%	55.10%	42.67%
Profit Margin	38.55%	36.88%	36.43%	49.16%	49.96%	50.11%
Free Cash Flow Margin	18.70%	17.37%	42.85%	34.18%	1.06%	28.11%
EBITDA	363.5	339.58	236.58	546.38	490.1	172.98
EBITDA Margin	37.62%	37.51%	34.24%	51.04%	55.80%	43.52%
D&A For EBITDA	22.62	22.51	22.05	18.3	6.22	3.37
EBIT	340.88	317.07	214.54	528.08	483.88	169.6
EBIT Margin	35.28%	35.02%	31.05%	49.33%	55.10%	42.67%
Effective Tax Rate	7.32%	7.56%	5.25%	12.08%	13.66%	16.51%
Revenue as Reported	966.17	905.35	690.86	1,071	878.27	397.48
Advertising Expenses	-	-	-	-	-	0.36

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.