Hefei Meyer Optoelectronic Technology Inc. (SHE:002690)

SHE:002690 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	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,335	2,274	2,389	2,050	1,789	1,478
Other Revenue	36.41	36.41	36.32	67.42	24.03	17.69
Revenue	2,372	2,311	2,425	2,117	1,813	1,496
Revenue Growth (YoY)	0.93%	-4.73%	14.55%	16.79%	21.18%	-0.32%
Cost of Revenue	1,174	1,146	1,196	995.82	889.8	720.86
Gross Profit	1,198	1,165	1,229	1,121	923.08	775.11
Selling, General & Admin	412.18	401.98	366.2	332.91	292.01	233.78
Research & Development	163.6	159.53	148.69	122.57	123.43	104.31
Other Operating Expenses	-44.31	-51.24	-54.77	-51.72	-49.59	-38.98
Operating Expenses	521.15	506.39	476.21	411.81	364.25	305.19
Operating Income	676.86	658.48	753.12	709.63	558.83	469.92
Interest & Investment Income	42.52	46.07	43.47	29.61	30.75	47.47
Currency Exchange Gain (Loss)	19.46	19.46	8.38	79.38	-14.77	-27.08
Other Non Operating Income (Expenses)	-10.53	-1.18	35.87	-1.12	-1.8	-1.4
EBT Excluding Unusual Items	728.31	722.84	840.83	817.5	573.01	488.91
Gain (Loss) on Sale of Investments	1.57	0.6	0.08	-0.59	1.07	-
Gain (Loss) on Sale of Assets	-0	-	-	-	-	-
Asset Writedown	-0.01	-0.01	0.01	-7.02	-0.47	-0.02
Other Unusual Items	23.95	20.87	20.05	28.2	7.87	15.79
Pretax Income	753.82	744.29	860.98	838.08	581.48	504.68
Income Tax Expense	97.09	95.12	116.15	107.97	70.39	66.49
Earnings From Continuing Operations	656.73	649.17	744.83	730.11	511.09	438.19
Net Income	656.73	649.17	744.83	730.11	511.09	438.19
Net Income to Common	656.73	649.17	744.83	730.11	511.09	438.19
Net Income Growth	-8.88%	-12.84%	2.02%	42.85%	16.64%	-19.53%
Shares Outstanding (Basic)	881	881	881	881	879	879
Shares Outstanding (Diluted)	881	881	881	881	879	879
Shares Change (YoY)	-0.01%	0.01%	-0.05%	0.25%	-0.01%	0.01%
EPS (Basic)	0.75	0.74	0.85	0.83	0.58	0.50
EPS (Diluted)	0.75	0.74	0.85	0.83	0.58	0.50
EPS Growth	-8.87%	-12.85%	2.06%	42.50%	16.65%	-19.54%
Free Cash Flow	980.17	858.42	641.69	240.1	477.16	323
Free Cash Flow Per Share	1.11	0.97	0.73	0.27	0.54	0.37
Dividend Per Share	0.700	0.700	0.700	0.700	0.615	0.615
Dividend Growth	-	-	-	13.75%	-	-
Gross Margin	50.51%	50.41%	50.69%	52.97%	50.92%	51.81%
Operating Margin	28.54%	28.50%	31.05%	33.52%	30.83%	31.41%
Profit Margin	27.69%	28.09%	30.71%	34.48%	28.19%	29.29%
Free Cash Flow Margin	41.33%	37.15%	26.46%	11.34%	26.32%	21.59%
EBITDA	709.65	691.45	786.79	738.52	583.62	486.7
EBITDA Margin	29.92%	29.92%	32.44%	34.88%	32.19%	32.53%
D&A For EBITDA	32.79	32.97	33.67	28.9	24.78	16.77
EBIT	676.86	658.48	753.12	709.63	558.83	469.92
EBIT Margin	28.54%	28.50%	31.05%	33.52%	30.83%	31.41%
Effective Tax Rate	12.88%	12.78%	13.49%	12.88%	12.11%	13.18%
Revenue as Reported	2,372	2,311	2,425	2,117	1,813	1,496
Advertising Expenses	-	9.06	7.65	2.55	3.62	3.95

Updated Oct 25, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.