Shaanxi Baoguang Vacuum Electric Device Co., Ltd. (SHA:600379)

SHA:600379 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	1,175	1,384	1,269	1,152	931.65	802.35
Other Revenue	80.21	80.21	79.94	76.88	78.29	99.73
Revenue	1,255	1,464	1,349	1,229	1,010	902.08
Revenue Growth (YoY)	-8.04%	8.51%	9.84%	21.65%	11.96%	-3.41%
Cost of Revenue	1,002	1,185	1,088	1,004	831.27	715.75
Gross Profit	253.61	279.23	261.36	224.67	178.67	186.33
Selling, General & Admin	129.13	123.37	125.08	113.76	86.6	100.68
Research & Development	52.83	54.12	53.98	44.72	34.75	29.12
Other Operating Expenses	2.08	-0.8	4.29	6.65	6.24	7
Operating Expenses	178.03	183.83	188.4	168.3	127.65	137.49
Operating Income	75.58	95.4	72.96	56.36	51.02	48.84
Interest Expense	-3.73	-3.55	-3.77	-2.77	-3.4	-2.02
Interest & Investment Income	4.41	6.29	7.72	7.05	4.65	0.81
Currency Exchange Gain (Loss)	4.36	4.36	-0.15	0.49	-1.65	-2.06
Other Non Operating Income (Expenses)	-1.54	-0.6	-0.53	-0.1	-0.5	-0.7
EBT Excluding Unusual Items	79.08	101.9	76.22	61.03	50.11	44.87
Gain (Loss) on Sale of Investments	-	-	-	-0.29	0.03	-0.28
Gain (Loss) on Sale of Assets	-0.34	-0.18	-0.01	-0.35	0.16	0.02
Asset Writedown	-0.66	-3.78	-1.11	0.01	-	-
Other Unusual Items	5.76	5.51	3.74	5.12	6.16	5.99
Pretax Income	83.84	103.45	78.84	65.52	56.46	50.6
Income Tax Expense	9.04	10.36	6.39	5.75	4.29	4.43
Earnings From Continuing Operations	74.8	93.08	72.44	59.78	52.16	46.17
Minority Interest in Earnings	-4.01	-2.73	-1.81	-2.19	-1.38	-
Net Income	70.79	90.36	70.63	57.58	50.78	46.17
Net Income to Common	70.79	90.36	70.63	57.58	50.78	46.17
Net Income Growth	-14.90%	27.93%	22.66%	13.38%	10.00%	4.52%
Shares Outstanding (Basic)	330	330	330	330	330	330
Shares Outstanding (Diluted)	330	330	330	330	330	330
Shares Change (YoY)	0.03%	0.02%	0.01%	-0.01%	-0.01%	0.01%
EPS (Basic)	0.21	0.27	0.21	0.17	0.15	0.14
EPS (Diluted)	0.21	0.27	0.21	0.17	0.15	0.14
EPS Growth	-14.92%	27.91%	22.65%	13.39%	10.01%	4.51%
Free Cash Flow	-87.02	-12.82	74.48	182.17	130.67	100.85
Free Cash Flow Per Share	-0.26	-0.04	0.23	0.55	0.40	0.30
Dividend Per Share	0.080	0.109	0.065	0.053	0.062	0.042
Dividend Growth	-37.30%	68.40%	22.64%	-14.52%	47.62%	-44.74%
Gross Margin	20.20%	19.07%	19.37%	18.29%	17.69%	20.66%
Operating Margin	6.02%	6.52%	5.41%	4.59%	5.05%	5.41%
Profit Margin	5.64%	6.17%	5.23%	4.69%	5.03%	5.12%
Free Cash Flow Margin	-6.93%	-0.88%	5.52%	14.83%	12.94%	11.18%
EBITDA	96.4	120.2	103.05	84.8	76.13	74.86
EBITDA Margin	7.68%	8.21%	7.64%	6.90%	7.54%	8.30%
D&A For EBITDA	20.82	24.8	30.09	28.43	25.12	26.02
EBIT	75.58	95.4	72.96	56.36	51.02	48.84
EBIT Margin	6.02%	6.52%	5.41%	4.59%	5.05%	5.41%
Effective Tax Rate	10.78%	10.02%	8.11%	8.77%	7.61%	8.75%
Revenue as Reported	1,255	1,464	1,349	1,229	1,010	902.08
Advertising Expenses	-	0.06	0.03	0.04	0.17	-

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