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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	58,468	57,323	51,547	46,739	42,311	38,400
Other Revenue	93.84	93.84	108.75	89.55	100.32	102.9
Revenue	58,561	57,417	51,655	46,829	42,411	38,502
Revenue Growth (YoY)	10.06%	11.15%	10.31%	10.42%	10.15%	18.75%
Cost of Revenue	43,088	42,186	37,864	34,302	31,094	28,399
Gross Profit	15,473	15,232	13,791	12,527	11,317	10,103
Selling, General & Admin	3,733	3,713	3,390	2,902	2,618	2,340
Research & Development	3,316	3,235	2,730	2,380	2,153	1,856
Other Operating Expenses	-201.88	-191.18	-280.73	-69.16	-151.77	-207.94
Operating Expenses	6,989	6,870	5,863	5,288	4,714	4,365
Operating Income	8,485	8,361	7,928	7,240	6,603	5,738
Interest Expense	-27.8	-28.7	-38.46	-46.64	-74.31	-69.31
Interest & Investment Income	540.24	545.71	543.68	430.27	311.5	196.75
Currency Exchange Gain (Loss)	40.9	40.9	26.26	153.26	-44.68	-97.9
Other Non Operating Income (Expenses)	-47.54	-42.95	-11.04	-54.32	-39.69	-25.67
EBT Excluding Unusual Items	8,991	8,876	8,449	7,722	6,756	5,742
Gain (Loss) on Sale of Investments	164.02	148.15	19.14	2	15.05	50.02
Gain (Loss) on Sale of Assets	-2.19	-2.21	-1.99	6.61	-0.42	-0.87
Asset Writedown	-25.39	-	-	-	-	-
Other Unusual Items	106.08	106.08	103.52	154.3	95.64	143.14
Pretax Income	9,233	9,128	8,569	7,885	6,866	5,934
Income Tax Expense	997.02	981.52	941.62	980.39	823.52	722.81
Earnings From Continuing Operations	8,236	8,147	7,628	6,905	6,043	5,212
Minority Interest in Earnings	-541.74	-536.48	-452.48	-458.56	-400.36	-360.11
Net Income	7,694	7,610	7,175	6,446	5,642	4,852
Net Income to Common	7,694	7,610	7,175	6,446	5,642	4,852
Net Income Growth	6.17%	6.06%	11.31%	14.24%	16.30%	11.71%
Shares Outstanding (Basic)	7,825	7,962	7,972	7,958	7,966	7,939
Shares Outstanding (Diluted)	7,825	7,962	7,972	7,958	7,966	7,939
Shares Change (YoY)	-4.91%	-0.13%	0.18%	-0.10%	0.34%	-0.56%
EPS (Basic)	0.98	0.96	0.90	0.81	0.71	0.61
EPS (Diluted)	0.98	0.96	0.90	0.81	0.71	0.61
EPS Growth	11.66%	6.20%	11.11%	14.36%	15.91%	12.34%
Free Cash Flow	9,873	9,254	9,326	5,345	2,654	2,171
Free Cash Flow Per Share	1.26	1.16	1.17	0.67	0.33	0.27
Dividend Per Share	0.570	0.570	0.540	0.325	0.285	0.243
Dividend Growth	5.56%	5.56%	66.15%	14.12%	17.15%	44.88%
Gross Margin	26.42%	26.53%	26.70%	26.75%	26.68%	26.24%
Operating Margin	14.49%	14.56%	15.35%	15.46%	15.57%	14.90%
Profit Margin	13.14%	13.25%	13.89%	13.76%	13.30%	12.60%
Free Cash Flow Margin	16.86%	16.12%	18.05%	11.41%	6.26%	5.64%
EBITDA	10,015	9,914	9,573	8,600	7,878	6,862
EBITDA Margin	17.10%	17.27%	18.53%	18.36%	18.57%	17.82%
D&A For EBITDA	1,530	1,553	1,645	1,360	1,274	1,124
EBIT	8,485	8,361	7,928	7,240	6,603	5,738
EBIT Margin	14.49%	14.56%	15.35%	15.46%	15.57%	14.90%
Effective Tax Rate	10.80%	10.75%	10.99%	12.43%	11.99%	12.18%
Revenue as Reported	58,561	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.