Guangdong Hongda Holdings Group Co., Ltd.

002683.SZ

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

1,911

Cost of Revenue

1,505

Gross Profit

406

Gross Margin

21.3%

Operating Income

192

Operating Margin

10.0%

Net Income

126

Net Margin

6.6%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

259

EBITDA Margin

13.5%

2023

12/31/2023

Revenue

1,625

Cost of Revenue

1,291

Gross Profit

334

Gross Margin

20.6%

Operating Income

159

Operating Margin

9.8%

Net Income

100

Net Margin

6.2%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

213

EBITDA Margin

13.1%

2022

12/31/2022

Revenue

1,424

Cost of Revenue

1,154

Gross Profit

269

Gross Margin

18.9%

Operating Income

136

Operating Margin

9.6%

Net Income

Net Margin

5.5%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

186

EBITDA Margin

13.0%

2021

12/31/2021

Revenue

1,194

Cost of Revenue

952

Gross Profit

242

Gross Margin

20.3%

Operating Income

114

Operating Margin

9.5%

Net Income

Net Margin

5.6%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

161

EBITDA Margin

13.5%

2020

12/31/2020

Revenue

895

Cost of Revenue

703

Gross Profit

193

Gross Margin

21.5%

Operating Income

Operating Margin

8.9%

Net Income

Net Margin

6.3%

EPS (Basic)

$0.00

EPS (Diluted)

$0.00

EBITDA

117

EBITDA Margin

13.0%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	1,911	1,625	1,424	1,194	895
Cost of Revenue	1,505	1,291	1,154	952	703
Gross Profit	406	334	269	242	193
Gross Margin	21.3%	20.6%	18.9%	20.3%	21.5%
Operating Income	192	159	136	114	80
Operating Margin	10.0%	9.8%	9.6%	9.5%	8.9%
Net Income	126	100	79	67	57
Net Margin	6.6%	6.2%	5.5%	5.6%	6.3%
EPS (Basic)	$0.00	$0.00	$0.00	$0.00	$0.00
EPS (Diluted)	$0.00	$0.00	$0.00	$0.00	$0.00
EBITDA	259	213	186	161	117
EBITDA Margin	13.5%	13.1%	13.0%	13.5%	13.0%