Hangzhou Steam Turbine Co., Ltd. / Estimates

Fiscal Year	Revenue	Net income	Net margin	Free cash flow	FCF margin
2024	€789.91M +12.1%	€64.25M +4.3%	8.1% -0.0061 pp	€131.01M -10.3%	16.6% -0.041 pp
2023	€704.88M +7.3%	€61.59M -0.9%	8.7% -0.0073 pp	€146.08M +105.7%	20.7% +0.099 pp
2022	€656.65M -4.7%	€62.16M -19.6%	9.5% -0.018 pp	€71.03M +135.5%	10.8% +0.064 pp
2021	€688.70M +21.5%	€77.34M +36.5%	11.2% +0.012 pp	€30.16M -69.7%	4.4% -0.13 pp
2020	€566.63M +11.3%	€56.67M +38.0%	10.0% +0.019 pp	€99.48M +2.2%	17.6% -0.016 pp
2019	€509.23M -7.8%	€41.07M -0.2%	8.1% +0.0062 pp	€97.36M -27.4%	19.1% -0.051 pp
2018	€552.41M +34.7%	€41.15M +403.0%	7.4% +0.055 pp	€134.03M +217.2%	24.3% +0.14 pp
2017	€410.15M +6.5%	€8.18M +115.2%	2.0% +0.010 pp	€42.26M -39.8%	10.3% -0.079 pp
2016	€384.94M +24.4%	€3.80M -119.6%	1.0% +0.072 pp	€70.15M +33.1%	18.2% +0.012 pp
2015	€309.36M -30.1%	-€19.37M -146.2%	-6.3% -0.16 pp	€52.70M +19.6%	17.0% +0.071 pp
2014	€442.89M -26.5%	€41.89M -46.1%	9.5% -0.034 pp	€44.06M -46.3%	9.9% -0.037 pp
2013	€602.60M +10.7%	€77.74M -11.1%	12.9% -0.032 pp	€82.09M -21.7%	13.6% -0.056 pp
2012	€544.39M +0.6%	€87.46M +14.8%	16.1% +0.020 pp	€104.87M +29.8%	19.3% +0.043 pp
2011	€541.11M +6.4%	€76.19M -5.9%	14.1% -0.018 pp	€80.80M -8.5%	14.9% -0.024 pp
2010	€508.79M +19.2%	€80.93M +16.6%	15.9% -0.0037 pp	€88.36M +170.0%	17.4% +0.097 pp
2009	€426.67M +8.0%	€69.43M +1.7%	16.3% -0.010 pp	€32.73M -46.6%	7.7% -0.079 pp
2008	€394.92M +16.2%	€68.25M +50.9%	17.3% +0.040 pp	€61.32M +31.7%	15.5% +0.018 pp
2007	€339.80M +20.5%	€45.22M -11.9%	13.3% -0.049 pp	€46.56M +70.6%	13.7% +0.040 pp
2006	€282.08M +22.7%	€51.34M +23.7%	18.2% +0.0014 pp	€27.30M -30.8%	9.7% -0.075 pp
2005	€229.85M +97.6%	€41.51M +100.3%	18.1% +0.0024 pp	€39.46M -39.4%	17.2% -0.39 pp
2004	€116.34M +122.3%	€20.73M +295.9%	17.8% +0.078 pp	€65.13M +75.8%	56.0% -0.15 pp
2003	€52.34M +34.9%	€5.24M +26.8%	10.0% -0.0064 pp	€37.05M +124.7%	70.8% +0.28 pp
2002	€38.79M +12.7%	€4.13M +26.7%	10.6% +0.012 pp	€16.49M +128.0%	42.5% +0.21 pp
2001	€34.41M +16.0%	€3.26M -8.9%	9.5% -0.026 pp	€7.23M -9.9%	21.0% -0.061 pp
2000	€29.65M -14.5%	€3.58M -48.7%	12.1% -0.081 pp	€8.03M +482.8%	27.1% +0.23 pp
1999	€34.69M -2.9%	€6.98M -18.8%	20.1% -0.040 pp	€1.38M -84.2%	4.0% -0.20 pp
1998	€35.72M	€8.60M	24.1%	€8.73M	24.4%