Neutech Group Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	1,999	2,042	1,806	1,548	1,363	1,100
Revenue Growth (YoY)	7.71%	13.07%	16.64%	13.59%	23.92%	14.80%
Cost of Revenue	1,143	1,074	941	881.64	771.7	678.92
Gross Profit	856.03	968.55	865.08	666.74	591.43	421.09
Selling, General & Admin	260.52	262.23	260.26	187.14	183.08	263.71
Research & Development	30.7	38.34	39.99	41.51	46.11	33.22
Other Operating Expenses	-72.77	-64.5	-99.28	-154.15	-82.03	-80.07
Operating Expenses	218.45	236.08	200.96	74.5	147.16	216.85
Operating Income	637.58	732.47	664.11	592.24	444.28	204.24
Interest Expense	-120.83	-110.19	-104.07	-100.22	-68.03	-41.7
Interest & Investment Income	12.93	15.11	16.67	11.9	9.49	4.73
Currency Exchange Gain (Loss)	1.23	1.23	0.93	8.59	-8.47	-32.27
Other Non Operating Income (Expenses)	-0.5	-0.5	-0.42	-0.52	-0.34	-0.35
EBT Excluding Unusual Items	530.4	638.12	577.22	511.98	376.93	134.65
Gain (Loss) on Sale of Investments	3.05	3.05	3.15	5.63	3.82	2.97
Gain (Loss) on Sale of Assets	-2.97	-2.97	-2.59	-0.08	-1.92	-0.65
Pretax Income	530.48	638.2	577.78	517.54	378.83	136.97
Income Tax Expense	136.69	170.88	148.14	132.12	77.61	34.03
Earnings From Continuing Operations	393.79	467.32	429.64	385.42	301.22	102.94
Minority Interest in Earnings	-1.66	-1.7	-0.1	-0.02	-17	-28.69
Net Income	392.13	465.62	429.54	385.39	284.22	74.25
Net Income to Common	392.13	465.62	429.54	385.39	284.22	74.25
Net Income Growth	-9.40%	8.40%	11.46%	35.60%	282.81%	-46.67%
Shares Outstanding (Basic)	642	646	646	659	667	542
Shares Outstanding (Diluted)	642	646	646	668	686	547
Shares Change (YoY)	-0.53%	-	-3.20%	-2.68%	25.43%	9.38%
EPS (Basic)	0.61	0.72	0.66	0.59	0.43	0.14
EPS (Diluted)	0.61	0.72	0.66	0.58	0.41	0.14
EPS Growth	-8.92%	8.40%	14.61%	41.46%	199.56%	-50.84%
Free Cash Flow	472.82	457.97	192.32	245.77	-346.59	171.82
Free Cash Flow Per Share	0.74	0.71	0.30	0.37	-0.51	0.31
Dividend Per Share	0.365	0.365	0.332	0.146	0.115	0.023
Dividend Growth	9.75%	9.75%	127.62%	27.06%	405.25%	-
Gross Margin	42.83%	47.43%	47.90%	43.06%	43.39%	38.28%
Operating Margin	31.90%	35.87%	36.77%	38.25%	32.59%	18.57%
Profit Margin	19.62%	22.80%	23.78%	24.89%	20.85%	6.75%
Free Cash Flow Margin	23.65%	22.43%	10.65%	15.87%	-25.43%	15.62%
EBITDA	838.47	917.94	825	735.25	561.56	317.91
EBITDA Margin	41.95%	44.95%	45.68%	47.48%	41.20%	28.90%
D&A For EBITDA	200.89	185.47	160.88	143.01	117.28	113.67
EBIT	637.58	732.47	664.11	592.24	444.28	204.24
EBIT Margin	31.90%	35.87%	36.77%	38.25%	32.59%	18.57%
Effective Tax Rate	25.77%	26.77%	25.64%	25.53%	20.49%	24.85%

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