NARI Technology Co., Ltd. (SHA:600406)

NARI Technology 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	61,291	57,323	51,547	46,739	42,311	38,400
Other Revenue	89.05	93.84	108.75	89.55	100.32	102.9
Revenue	61,380	57,417	51,655	46,829	42,411	38,502
Revenue Growth (YoY)	14.40%	11.15%	10.31%	10.42%	10.15%	18.75%
Cost of Revenue	45,601	42,186	37,864	34,302	31,094	28,399
Gross Profit	15,780	15,232	13,791	12,527	11,317	10,103
Selling, General & Admin	3,765	3,713	3,390	2,902	2,618	2,340
Research & Development	3,311	3,235	2,730	2,380	2,153	1,856
Other Operating Expenses	-165.73	-191.18	-280.73	-69.16	-151.77	-207.94
Operating Expenses	7,187	6,870	5,863	5,288	4,714	4,365
Operating Income	8,592	8,361	7,928	7,240	6,603	5,738
Interest Expense	-26.54	-28.7	-38.46	-46.64	-74.31	-69.31
Interest & Investment Income	590.06	545.71	543.68	430.27	311.5	196.75
Currency Exchange Gain (Loss)	26.14	40.9	26.26	153.26	-44.68	-97.9
Other Non Operating Income (Expenses)	-55.76	-42.95	-11.04	-54.32	-39.69	-25.67
EBT Excluding Unusual Items	9,126	8,876	8,449	7,722	6,756	5,742
Gain (Loss) on Sale of Investments	153.73	148.15	19.14	2	15.05	50.02
Gain (Loss) on Sale of Assets	-1.54	-2.21	-1.99	6.61	-0.42	-0.87
Other Unusual Items	115.52	106.08	103.52	154.3	95.64	143.14
Pretax Income	9,394	9,128	8,569	7,885	6,866	5,934
Income Tax Expense	999.18	981.52	941.62	980.39	823.52	722.81
Earnings From Continuing Operations	8,395	8,147	7,628	6,905	6,043	5,212
Minority Interest in Earnings	-545.02	-536.48	-452.48	-458.56	-400.36	-360.11
Net Income	7,850	7,610	7,175	6,446	5,642	4,852
Net Income to Common	7,850	7,610	7,175	6,446	5,642	4,852
Net Income Growth	6.25%	6.06%	11.31%	14.24%	16.30%	11.71%
Shares Outstanding (Basic)	7,962	7,962	7,972	7,958	7,966	7,939
Shares Outstanding (Diluted)	7,962	7,962	7,972	7,958	7,966	7,939
Shares Change (YoY)	0.41%	-0.13%	0.18%	-0.10%	0.34%	-0.56%
EPS (Basic)	0.99	0.96	0.90	0.81	0.71	0.61
EPS (Diluted)	0.99	0.96	0.90	0.81	0.71	0.61
EPS Growth	5.81%	6.20%	11.11%	14.36%	15.91%	12.34%
Free Cash Flow	12,099	9,254	9,326	5,345	2,654	2,171
Free Cash Flow Per Share	1.52	1.16	1.17	0.67	0.33	0.27
Dividend Per Share	0.582	0.570	0.540	0.325	0.285	0.243
Dividend Growth	-13.78%	5.56%	66.15%	14.12%	17.15%	44.88%
Gross Margin	25.71%	26.53%	26.70%	26.75%	26.68%	26.24%
Operating Margin	14.00%	14.56%	15.35%	15.46%	15.57%	14.90%
Profit Margin	12.79%	13.25%	13.89%	13.76%	13.30%	12.60%
Free Cash Flow Margin	19.71%	16.12%	18.05%	11.41%	6.26%	5.64%
EBITDA	10,140	9,914	9,573	8,600	7,878	6,862
EBITDA Margin	16.52%	17.27%	18.53%	18.36%	18.57%	17.82%
D&A For EBITDA	1,548	1,553	1,645	1,360	1,274	1,124
EBIT	8,592	8,361	7,928	7,240	6,603	5,738
EBIT Margin	14.00%	14.56%	15.35%	15.46%	15.57%	14.90%
Effective Tax Rate	10.64%	10.75%	10.99%	12.43%	11.99%	12.18%
Revenue as Reported	61,380	57,417	51,655	46,829	42,411	38,502
Advertising Expenses	-	73.33	56.63	44.72	-	-

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