BGRIMM Technology Co., Ltd. (SHA:600980)

BGRIMM 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	1,219	1,186	928.16	868	854.36	538.24
Other Revenue	1.52	1.52	1.11	2.21	1.78	7.8
Revenue	1,221	1,188	929.27	870.21	856.14	546.04
Revenue Growth (YoY)	32.77%	27.84%	6.79%	1.64%	56.79%	9.53%
Cost of Revenue	891.22	863.12	686.41	668.29	633.25	411.95
Gross Profit	329.76	324.86	242.86	201.92	222.89	134.09
Selling, General & Admin	117.43	113.76	94.58	82.18	78.33	64.94
Research & Development	70.78	69.72	56.78	47.35	48.16	28.86
Other Operating Expenses	9.79	12.12	5.51	9.71	7.87	6.62
Operating Expenses	203.73	201.71	159.99	141.6	140.06	99.79
Operating Income	126.04	123.15	82.87	60.33	82.83	34.3
Interest Expense	-1.02	-0.86	-0.48	-0.66	-0.81	-
Interest & Investment Income	12.37	13.51	11.16	11.71	9.43	2.8
Earnings From Equity Investments	-	-	-	-	-	0
Currency Exchange Gain (Loss)	2.13	2.13	0.76	2.33	1.34	-0.92
Other Non Operating Income (Expenses)	-1.48	-1.3	9.6	-0.84	-1.15	-0.56
EBT Excluding Unusual Items	138.03	136.62	103.92	72.86	91.65	35.62
Gain (Loss) on Sale of Investments	1	0.52	-	-	0.21	-
Gain (Loss) on Sale of Assets	0.14	0.14	0.04	0.08	10.53	-0.12
Asset Writedown	-23.4	-23.4	-0.2	-0.2	-3.73	-
Other Unusual Items	5.8	5.85	0.46	21.67	6.99	20.93
Pretax Income	121.57	119.73	104.21	94.78	105.64	56.43
Income Tax Expense	18	17.28	12.76	11.75	12.84	8.91
Earnings From Continuing Operations	103.56	102.44	91.46	83.03	92.8	47.53
Minority Interest in Earnings	3.37	3.37	0.29	0.48	1.66	0.34
Net Income	106.93	105.82	91.75	83.51	94.46	47.87
Net Income to Common	106.93	105.82	91.75	83.51	94.46	47.87
Net Income Growth	20.76%	15.33%	9.87%	-11.60%	97.35%	5.39%
Shares Outstanding (Basic)	189	189	191	186	178	155
Shares Outstanding (Diluted)	189	189	191	186	178	155
Shares Change (YoY)	-0.99%	-0.98%	2.57%	4.67%	14.70%	1.83%
EPS (Basic)	0.57	0.56	0.48	0.45	0.53	0.31
EPS (Diluted)	0.57	0.56	0.48	0.45	0.53	0.31
EPS Growth	21.96%	16.48%	7.12%	-15.55%	72.05%	3.49%
Free Cash Flow	50.28	121.91	65.69	-51.63	-4.96	12.63
Free Cash Flow Per Share	0.27	0.64	0.34	-0.28	-0.03	0.08
Dividend Per Share	0.130	0.130	0.052	0.050	0.048	0.035
Dividend Growth	150.00%	150.00%	4.00%	4.17%	37.14%	16.67%
Gross Margin	27.01%	27.35%	26.13%	23.20%	26.04%	24.56%
Operating Margin	10.32%	10.37%	8.92%	6.93%	9.68%	6.28%
Profit Margin	8.76%	8.91%	9.87%	9.60%	11.03%	8.77%
Free Cash Flow Margin	4.12%	10.26%	7.07%	-5.93%	-0.58%	2.31%
EBITDA	155.19	151.46	107.81	81.38	103.34	53.02
EBITDA Margin	12.71%	12.75%	11.60%	9.35%	12.07%	9.71%
D&A For EBITDA	29.15	28.31	24.94	21.06	20.51	18.72
EBIT	126.04	123.15	82.87	60.33	82.83	34.3
EBIT Margin	10.32%	10.37%	8.92%	6.93%	9.68%	6.28%
Effective Tax Rate	14.81%	14.44%	12.24%	12.40%	12.16%	15.78%
Revenue as Reported	1,221	1,188	929.27	870.21	856.14	546.04

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