North Navigation Control Technology Co.,Ltd. (SHA:600435)

SHA:600435 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	2,963	2,690	3,462	3,784	3,961	2,989
Other Revenue	58.01	58.01	102.31	55.2	31.49	16.97
Revenue	3,021	2,748	3,565	3,839	3,992	3,006
Revenue Growth (YoY)	-1.25%	-22.91%	-7.16%	-3.82%	32.81%	31.09%
Cost of Revenue	2,359	2,142	2,710	3,052	3,175	2,411
Gross Profit	661.65	605.29	854.97	787.04	817.41	594.82
Selling, General & Admin	292.18	297.23	302.31	340.52	361.73	303.3
Research & Development	222.69	199.15	245.15	206.53	198.26	163.39
Other Operating Expenses	26.7	20.87	37.67	20.85	15.58	12.62
Operating Expenses	561.87	537.55	599.07	580.73	588.4	502.72
Operating Income	99.78	67.74	255.89	206.3	229.01	92.1
Interest Expense	-0.39	-0.39	-0.06	-2	-6.46	-7.13
Interest & Investment Income	14.83	14.7	22.97	51.49	21.24	10.83
Currency Exchange Gain (Loss)	-0	-0	0	0	0	-0.01
Other Non Operating Income (Expenses)	-1.16	-0.15	-1.39	-0.3	0	0.83
EBT Excluding Unusual Items	113.06	81.91	277.4	255.5	243.81	96.62
Impairment of Goodwill	-4.76	-4.76	-4.88	-	-	-
Gain (Loss) on Sale of Assets	-0.02	0.06	-0.15	-0.49	-	43.32
Asset Writedown	-0.33	-0.33	-0.12	-0.97	-14.4	-0.06
Other Unusual Items	13.76	6.04	8.87	10.11	4.91	70.01
Pretax Income	121.7	82.9	281.12	264.16	234.32	209.89
Income Tax Expense	-1.79	-6.21	30.72	7.21	16.77	24.99
Earnings From Continuing Operations	123.49	89.11	250.39	256.94	217.55	184.9
Minority Interest in Earnings	-31.45	-30.07	-58.16	-71.92	-84	-122.4
Net Income	92.04	59.04	192.23	185.02	133.54	62.5
Net Income to Common	92.04	59.04	192.23	185.02	133.54	62.5
Net Income Growth	-21.95%	-69.29%	3.90%	38.55%	113.67%	40.14%
Shares Outstanding (Basic)	1,479	1,476	1,479	1,542	1,484	1,562
Shares Outstanding (Diluted)	1,479	1,476	1,479	1,542	1,484	1,562
Shares Change (YoY)	-0.03%	-0.19%	-4.10%	3.91%	-5.03%	5.11%
EPS (Basic)	0.06	0.04	0.13	0.12	0.09	0.04
EPS (Diluted)	0.06	0.04	0.13	0.12	0.09	0.04
EPS Growth	-21.93%	-69.23%	8.33%	33.33%	125.00%	33.33%
Free Cash Flow	-332.94	-660.37	73.46	370.52	224.69	278.86
Free Cash Flow Per Share	-0.23	-0.45	0.05	0.24	0.15	0.18
Dividend Per Share	0.020	0.020	0.040	0.040	0.025	0.025
Dividend Growth	-50.00%	-50.00%	-	60.00%	-	-
Gross Margin	21.90%	22.03%	23.98%	20.50%	20.48%	19.79%
Operating Margin	3.30%	2.46%	7.18%	5.37%	5.74%	3.06%
Profit Margin	3.05%	2.15%	5.39%	4.82%	3.35%	2.08%
Free Cash Flow Margin	-11.02%	-24.03%	2.06%	9.65%	5.63%	9.28%
EBITDA	193.92	159.78	339.53	303.94	342.52	205.08
EBITDA Margin	6.42%	5.82%	9.53%	7.92%	8.58%	6.82%
D&A For EBITDA	94.14	92.04	83.64	97.63	113.5	112.98
EBIT	99.78	67.74	255.89	206.3	229.01	92.1
EBIT Margin	3.30%	2.46%	7.18%	5.37%	5.74%	3.06%
Effective Tax Rate	-	-	10.93%	2.73%	7.16%	11.91%
Revenue as Reported	3,021	2,748	3,565	3,839	3,992	3,006
Advertising Expenses	-	-	0.01	3.1	0.31	0.03

Updated Oct 24, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.