Daheng New Epoch Technology Inc. (SHA:600288)

SHA:600288 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	Dec 31, 2020
Operating Revenue	1,884	1,734	2,300	2,281	2,490	2,253
Other Revenue	28.88	28.88	31.87	41.44	47.28	62.28
Revenue	1,913	1,763	2,332	2,322	2,537	2,315
Revenue Growth (YoY)	-0.44%	-24.40%	0.42%	-8.47%	9.59%	-29.97%
Cost of Revenue	1,271	1,174	1,634	1,572	1,736	1,561
Gross Profit	641.68	588.32	697.51	750.14	801.09	753.89
Selling, General & Admin	451.94	445.1	532.34	507.53	573.71	499.89
Research & Development	145.54	166.23	207.01	230.71	224.92	197.89
Other Operating Expenses	6.9	1.86	-2.42	2.48	-7.61	-8.71
Operating Expenses	619.89	630.85	777.56	767.58	837.56	741.32
Operating Income	21.78	-42.53	-80.05	-17.44	-36.47	12.57
Interest Expense	-24.17	-5.53	-10.82	-9.05	-7.52	-8.73
Interest & Investment Income	-	36.37	83.3	47.81	88.51	64.13
Other Non Operating Income (Expenses)	50.44	-32.17	-13.83	-1.39	-7.99	-13.09
EBT Excluding Unusual Items	48.05	-43.87	-21.4	19.93	36.53	54.88
Gain (Loss) on Sale of Investments	13.96	2.25	-39.53	24.21	-	-
Gain (Loss) on Sale of Assets	1.79	-0.97	93.16	15.13	0.54	0.94
Asset Writedown	-26.14	-13.93	-	-	-	-
Other Unusual Items	11.48	11.48	7.21	18.74	45.11	13.97
Pretax Income	49.14	-45.04	39.45	78.01	82.18	69.8
Income Tax Expense	2.03	-0.27	21.04	12.72	9.8	-13.72
Earnings From Continuing Operations	47.11	-44.77	18.42	65.29	72.38	83.52
Minority Interest in Earnings	-3.97	12.75	31.49	4.25	19.55	-26.29
Net Income	43.14	-32.02	49.91	69.54	91.94	57.23
Net Income to Common	43.14	-32.02	49.91	69.54	91.94	57.23
Net Income Growth	-	-	-28.23%	-24.36%	60.65%	-21.70%
Shares Outstanding (Basic)	437	437	437	437	437	437
Shares Outstanding (Diluted)	437	437	437	437	437	437
Shares Change (YoY)	0.19%	0.03%	-0.04%	0.01%	-0.02%	-0.00%
EPS (Basic)	0.10	-0.07	0.11	0.16	0.21	0.13
EPS (Diluted)	0.10	-0.07	0.11	0.16	0.21	0.13
EPS Growth	-	-	-28.20%	-24.37%	60.69%	-21.70%
Free Cash Flow	211.7	89.09	1	-115.54	-43.75	92.93
Free Cash Flow Per Share	0.48	0.20	0.00	-0.27	-0.10	0.21
Dividend Per Share	-	-	0.012	0.008	0.063	0.010
Dividend Growth	-	-	50.00%	-87.34%	532.00%	25.00%
Gross Margin	33.54%	33.37%	29.91%	32.30%	31.57%	32.56%
Operating Margin	1.14%	-2.41%	-3.43%	-0.75%	-1.44%	0.54%
Profit Margin	2.25%	-1.82%	2.14%	3.00%	3.62%	2.47%
Free Cash Flow Margin	11.07%	5.05%	0.04%	-4.98%	-1.72%	4.01%
EBITDA	16.69	-24.46	-31.08	19.04	4.88	53.84
EBITDA Margin	0.87%	-1.39%	-1.33%	0.82%	0.19%	2.33%
D&A For EBITDA	-5.09	18.07	48.97	36.47	41.35	41.27
EBIT	21.78	-42.53	-80.05	-17.44	-36.47	12.57
EBIT Margin	1.14%	-2.41%	-3.43%	-0.75%	-1.44%	0.54%
Effective Tax Rate	4.13%	-	53.32%	16.30%	11.92%	-
Revenue as Reported	1,913	1,763	2,332	2,322	2,537	2,315
Advertising Expenses	-	2.6	5.92	3.4	3.95	2.87

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.