
Hongfa Technology Co., Ltd.
600885.SSFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
1,974
Cost of Revenue
1,261
Gross Profit
713
Gross Margin
36.1%
Operating Income
342
Operating Margin
17.3%
Net Income
228
Net Margin
11.6%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
452
EBITDA Margin
22.9%
2023
12/31/2023
Revenue
1,810
Cost of Revenue
1,146
Gross Profit
664
Gross Margin
36.7%
Operating Income
315
Operating Margin
17.4%
Net Income
195
Net Margin
10.8%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
433
EBITDA Margin
23.9%
2022
12/31/2022
Revenue
1,630
Cost of Revenue
1,061
Gross Profit
569
Gross Margin
34.9%
Operating Income
267
Operating Margin
16.4%
Net Income
175
Net Margin
10.7%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
357
EBITDA Margin
21.9%
2021
12/31/2021
Revenue
1,403
Cost of Revenue
921
Gross Profit
482
Gross Margin
34.4%
Operating Income
228
Operating Margin
16.2%
Net Income
149
Net Margin
10.6%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
286
EBITDA Margin
20.4%
2020
12/31/2020
Revenue
1,095
Cost of Revenue
695
Gross Profit
400
Gross Margin
36.6%
Operating Income
183
Operating Margin
16.7%
Net Income
117
Net Margin
10.6%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
234
EBITDA Margin
21.4%