CETC Chips Technology Inc. (SHA:600877)

CETC Chips 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	952	1,034	1,508	1,558	1,648	1,663
Other Revenue	10.5	10.5	15.75	6.95	6.57	50.03
Revenue	962.5	1,045	1,524	1,565	1,655	1,713
Revenue Growth (YoY)	-31.42%	-31.47%	-2.62%	-5.43%	-3.41%	391.69%
Cost of Revenue	666.15	740.84	1,060	1,074	1,175	1,191
Gross Profit	296.35	303.72	463.89	491.53	480.1	522.28
Selling, General & Admin	81.62	75.77	77.43	78.69	81.11	108.12
Research & Development	190.17	172.05	171.47	200.27	184.76	199.23
Other Operating Expenses	-11.41	-9.34	-5.08	6.15	-0.3	-38.27
Operating Expenses	313.59	273.55	252.73	303.38	261.31	275.13
Operating Income	-17.23	30.16	211.16	188.15	218.8	247.15
Interest Expense	-0.18	-0.3	-3.97	-0.89	-8.58	-20.67
Interest & Investment Income	1.48	2.44	3.24	13.59	1.33	2.05
Currency Exchange Gain (Loss)	0.18	0.18	0.61	1.36	-1.2	-5.98
Other Non Operating Income (Expenses)	-0.11	-0.15	-0.19	-0.95	-1.04	0.18
EBT Excluding Unusual Items	-15.87	32.33	210.85	201.25	209.32	222.74
Gain (Loss) on Sale of Investments	0.04	0.04	-	1.92	-	-
Gain (Loss) on Sale of Assets	0	0	-0.04	-0.08	-0.02	-3.27
Asset Writedown	5.21	4.81	0.91	-5.82	-9.77	-1.44
Other Unusual Items	28.84	31.57	35.85	34.57	50.39	4.42
Pretax Income	18.23	68.76	247.57	231.85	249.92	222.45
Income Tax Expense	-1.4	0.1	13.52	8.66	37.7	21.3
Earnings From Continuing Operations	19.63	68.65	234.05	223.19	212.22	201.15
Net Income to Company	19.63	68.65	234.05	223.19	212.22	201.15
Minority Interest in Earnings	-	-	-	-	-73.18	-65.52
Net Income	19.63	68.65	234.05	223.19	139.04	135.62
Net Income to Common	19.63	68.65	234.05	223.19	139.04	135.62
Net Income Growth	-89.68%	-70.67%	4.87%	60.52%	2.52%	70.08%
Shares Outstanding (Basic)	1,187	1,144	1,170	1,175	869	848
Shares Outstanding (Diluted)	1,187	1,144	1,170	1,175	869	848
Shares Change (YoY)	1.49%	-2.22%	-0.38%	35.17%	2.52%	27.56%
EPS (Basic)	0.02	0.06	0.20	0.19	0.16	0.16
EPS (Diluted)	0.02	0.06	0.20	0.19	0.16	0.16
EPS Growth	-89.83%	-70.00%	5.26%	18.75%	-	33.33%
Free Cash Flow	98.5	-116.32	34.03	64.9	-69.94	124.97
Free Cash Flow Per Share	0.08	-0.10	0.03	0.06	-0.08	0.15
Gross Margin	30.79%	29.08%	30.44%	31.41%	29.01%	30.48%
Operating Margin	-1.79%	2.89%	13.85%	12.02%	13.22%	14.42%
Profit Margin	2.04%	6.57%	15.36%	14.26%	8.40%	7.92%
Free Cash Flow Margin	10.23%	-11.14%	2.23%	4.15%	-4.23%	7.29%
EBITDA	15.02	63.02	244.82	214.88	244.61	266.09
EBITDA Margin	1.56%	6.03%	16.06%	13.73%	14.78%	15.53%
D&A For EBITDA	32.25	32.85	33.66	26.73	25.82	18.94
EBIT	-17.23	30.16	211.16	188.15	218.8	247.15
EBIT Margin	-1.79%	2.89%	13.85%	12.02%	13.22%	14.42%
Effective Tax Rate	-	0.15%	5.46%	3.74%	15.09%	9.57%
Revenue as Reported	962.5	1,045	1,524	1,565	1,655	1,713

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