恒辉安防 (300952.SZ) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	1.2B	1.2B	1.3B	977.0M	893.1M
Cost of Revenue	929.1M	933.7M	990.0M	731.4M	669.4M
Gross Profit	286.7M	293.9M	279.6M	245.5M	223.7M
Operating Expenses
R&D Expense	68.2M	67.6M	63.3M	49.8M	47.4M
SG&A Expense	—	—	—	—	—
General & Admin Expense	55.1M	52.6M	50.7M	45.5M	48.2M
Selling & Marketing Expense	35.6M	34.6M	34.8M	30.8M	18.9M
Other Expenses	—	—	—	—	—
Total Operating Expenses	198.9M	178.5M	151.6M	137.0M	112.5M
Cost and Expenses	1.1B	1.1B	1.1B	868.4M	781.9M
Operating Income (EBIT)	105.1M	131.3M	143.5M	130.1M	150.5M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	—	—	—	—	—
Net Interest Income	—	—	—	—	—
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	103.5M	130.1M	143.1M	129.7M	149.1M
Income Tax Expense	18.6M	22.3M	17.5M	18.8M	23.4M
Bottom Line
Net Income	81.3M	101.9M	116.5M	105.8M	121.7M
Earnings from Cont. Ops	84.8M	107.8M	125.5M	110.9M	125.8M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	81.3M	101.9M	116.5M	105.8M	121.7M
Per Share
Basic EPS	CN¥0.52	CN¥0.64	CN¥0.80	CN¥0.73	CN¥0.84
Diluted EPS	CN¥0.52	CN¥0.64	CN¥0.76	CN¥0.73	CN¥0.84
Revenue Per Share	CN¥7.06	CN¥7.71	CN¥8.72	CN¥6.74	CN¥6.16
Shares
Basic Shares Outstanding	172.3M	159.2M	145.7M	145.0M	144.9M
Diluted Shares Outstanding	172.3M	159.2M	145.7M	145.0M	144.9M
Profitability Metrics
EBITDA	—	237.9M	233.9M	201.6M	205.4M
D&A	—	106.6M	90.5M	71.5M	54.8M
EBIT	—	—	—	—	—

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026