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

MHUA Income Statement

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

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

Updated Sep 20, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q