Fortior Technology (Shenzhen) Co., Ltd. (HKG:1304)

HKG:1304 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Jan 1, 2021
Operating Revenue	724.83	599.29	409.98	320.88	329.39	232.9
Other Revenue	0.51	1.03	1.38	2.09	1.01	1.05
Revenue	725.33	600.32	411.36	322.97	330.4	233.95
Revenue Growth (YoY)	28.92%	45.94%	27.37%	-2.25%	41.23%	63.73%
Cost of Revenue	349.77	284.3	192.68	137.77	141.45	117.22
Gross Profit	375.57	316.02	218.68	185.2	188.95	116.73
Selling, General & Admin	83.84	55.97	42.72	34.22	23.54	19.18
Research & Development	161.18	116.73	84.67	63.84	41.01	27.99
Other Operating Expenses	-3.41	-12.54	-6.34	-14.11	-1.12	-1.32
Operating Expenses	241.69	160.16	121.19	83.91	63.48	45.86
Operating Income	133.87	155.86	97.5	101.29	125.47	70.87
Interest Expense	-	-	-	-	-	-0.53
Interest & Investment Income	41.76	50.52	59.43	32.93	8.04	5.2
Currency Exchange Gain (Loss)	-0.78	-0.78	-0.35	2.37	-0.88	0.37
Other Non Operating Income (Expenses)	5.03	-0.62	-0.61	-0.14	0.05	-0.08
EBT Excluding Unusual Items	179.89	204.98	155.97	136.44	132.68	75.83
Gain (Loss) on Sale of Investments	12.45	6.86	-1.36	6.42	-	-
Gain (Loss) on Sale of Assets	0.07	0.07	0.01	0.06	0.01	-
Asset Writedown	-1.14	-0	-0	-	-	-0.01
Other Unusual Items	18.57	9.13	15.76	0.22	3.27	2.72
Pretax Income	209.83	221.04	170.38	143.14	135.96	78.55
Income Tax Expense	4.04	-1.33	-4.47	1.14	0.69	0.2
Net Income	205.8	222.36	174.85	142	135.27	78.35
Net Income to Common	205.8	222.36	174.85	142	135.27	78.35
Net Income Growth	-12.30%	27.18%	23.13%	4.98%	72.64%	123.53%
Shares Outstanding (Basic)	96	92	93	85	69	69
Shares Outstanding (Diluted)	97	93	93	85	69	69
Shares Change (YoY)	4.71%	0.15%	9.45%	21.85%	0.93%	-
EPS (Basic)	2.15	2.41	1.89	1.68	1.95	1.14
EPS (Diluted)	2.13	2.40	1.89	1.68	1.95	1.14
EPS Growth	-16.24%	26.98%	12.50%	-13.85%	71.05%	-
Free Cash Flow	211.02	31.55	86.01	18.75	128.93	85.21
Free Cash Flow Per Share	2.18	0.34	0.93	0.22	1.86	1.24
Dividend Per Share	0.780	0.780	0.610	0.480	0.440	-
Dividend Growth	27.87%	27.87%	27.08%	9.09%	-	-
Gross Margin	51.78%	52.64%	53.16%	57.34%	57.19%	49.90%
Operating Margin	18.46%	25.96%	23.70%	31.36%	37.98%	30.29%
Profit Margin	28.37%	37.04%	42.50%	43.97%	40.94%	33.49%
Free Cash Flow Margin	29.09%	5.25%	20.91%	5.81%	39.02%	36.42%
EBITDA	138.05	160.29	102.27	103.71	126.98	71.55
EBITDA Margin	19.03%	26.70%	24.86%	32.11%	38.43%	30.58%
D&A For EBITDA	4.17	4.43	4.77	2.42	1.51	0.68
EBIT	133.87	155.86	97.5	101.29	125.47	70.87
EBIT Margin	18.46%	25.96%	23.70%	31.36%	37.98%	30.29%
Effective Tax Rate	1.93%	-	-	0.80%	0.51%	0.25%
Revenue as Reported	167.5	600.32	411.36	322.97	330.4	-
Advertising Expenses	-	0.14	0.26	0.29	0.61	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.