Weaver Network Technology Co., Ltd. (SHA:603039)

Weaver Network 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	2,274	2,361	2,393	2,237	2,000	1,481
Other Revenue	1.27	1.27	-	94.85	3.19	1.44
Revenue	2,275	2,362	2,393	2,331	2,003	1,482
Revenue Growth (YoY)	-4.45%	-1.31%	2.65%	16.41%	35.11%	15.27%
Cost of Revenue	137.89	159.52	145.13	157.85	90.82	68.51
Gross Profit	2,137	2,202	2,248	2,174	1,912	1,414
Selling, General & Admin	1,623	1,686	1,755	1,650	1,471	1,087
Research & Development	315.78	324.71	354.27	339.89	243.6	199.21
Other Operating Expenses	-30.11	-32.12	-40.24	-45.84	-52.55	-41.4
Operating Expenses	1,931	1,994	2,084	1,955	1,675	1,250
Operating Income	206.44	207.95	164.18	218.9	237.53	163.88
Interest Expense	-0.23	-0.34	-0.39	-0.54	-	-0.84
Interest & Investment Income	33.98	34.23	39.57	33.98	62.33	69.72
Currency Exchange Gain (Loss)	0.26	0.26	-0.24	-0.13	0.02	0
Other Non Operating Income (Expenses)	-1.06	-0.15	1.92	-2.64	-0.23	-1.78
EBT Excluding Unusual Items	239.4	241.96	205.04	249.57	299.64	230.98
Gain (Loss) on Sale of Investments	-35.26	-48.32	-44.57	-41.51	-	-
Gain (Loss) on Sale of Assets	0.14	0.11	-0	0.15	17.08	-0.04
Asset Writedown	-0.46	-1.22	0.01	-	-	-
Other Unusual Items	20.82	20.82	12.33	25.48	18.25	18.71
Pretax Income	224.64	213.35	172.81	233.69	334.97	249.66
Income Tax Expense	7.91	10.4	-5.87	10.35	26.27	20.25
Earnings From Continuing Operations	216.73	202.94	178.68	223.34	308.7	229.41
Minority Interest in Earnings	-	-	-	-	-	0.14
Net Income	216.73	202.94	178.68	223.34	308.7	229.55
Net Income to Common	216.73	202.94	178.68	223.34	308.7	229.55
Net Income Growth	-14.52%	13.58%	-19.99%	-27.65%	34.48%	64.28%
Shares Outstanding (Basic)	262	260	259	260	257	250
Shares Outstanding (Diluted)	262	260	259	260	257	252
Shares Change (YoY)	11.25%	0.47%	-0.28%	0.95%	1.98%	0.79%
EPS (Basic)	0.83	0.78	0.69	0.86	1.20	0.92
EPS (Diluted)	0.83	0.78	0.69	0.86	1.20	0.91
EPS Growth	-23.16%	13.04%	-19.77%	-28.33%	31.87%	63.00%
Free Cash Flow	194.33	201.49	124.44	106.86	292.37	237.64
Free Cash Flow Per Share	0.74	0.77	0.48	0.41	1.14	0.94
Dividend Per Share	0.150	0.150	0.150	0.150	0.125	0.125
Dividend Growth	-33.33%	-	-	20.00%	-	39.98%
Gross Margin	93.94%	93.25%	93.94%	93.23%	95.47%	95.38%
Operating Margin	9.07%	8.80%	6.86%	9.39%	11.86%	11.05%
Profit Margin	9.53%	8.59%	7.47%	9.58%	15.41%	15.48%
Free Cash Flow Margin	8.54%	8.53%	5.20%	4.58%	14.60%	16.03%
EBITDA	235.24	234.8	188.41	235.07	252.25	178.03
EBITDA Margin	10.34%	9.94%	7.87%	10.08%	12.59%	12.01%
D&A For EBITDA	28.8	26.84	24.24	16.17	14.71	14.15
EBIT	206.44	207.95	164.18	218.9	237.53	163.88
EBIT Margin	9.07%	8.80%	6.86%	9.39%	11.86%	11.05%
Effective Tax Rate	3.52%	4.88%	-	4.43%	7.84%	8.11%
Revenue as Reported	2,275	2,362	2,393	2,331	2,003	1,482

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