G-bits Network Technology (Xiamen) Co., Ltd. (SHA:603444)

SHA:603444 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	4,234	3,678	4,169	5,153	4,606	2,735
Other Revenue	19.85	18.02	16.19	14.25	12.56	7.43
Revenue	4,254	3,696	4,185	5,168	4,619	2,742
Revenue Growth (YoY)	12.08%	-11.69%	-19.02%	11.88%	68.44%	26.35%
Cost of Revenue	411.05	448.48	479.91	582.14	698.42	383.91
Gross Profit	3,843	3,247	3,705	4,585	3,921	2,358
Selling, General & Admin	1,618	1,293	1,442	1,742	1,557	534.21
Research & Development	723.38	757.63	679.36	672.61	608.62	430.57
Other Operating Expenses	32.97	20.72	11.76	-3.85	-19.68	2.64
Operating Expenses	2,373	2,070	2,130	2,411	2,136	954.88
Operating Income	1,470	1,178	1,575	2,175	1,785	1,404
Interest Expense	-1.39	-1.64	-1.56	-0.37	-1.01	-2.4
Interest & Investment Income	128.01	174.12	131.47	151.14	418.6	132.09
Currency Exchange Gain (Loss)	5.48	34.91	31.51	172.72	-35.12	-49.04
Other Non Operating Income (Expenses)	0.52	-1.15	0.02	5.93	-1.86	-5.26
EBT Excluding Unusual Items	1,603	1,384	1,737	2,504	2,165	1,479
Gain (Loss) on Sale of Investments	-68.57	-61.19	-52.93	-170.38	-33.75	66.07
Gain (Loss) on Sale of Assets	-0.18	0.02	0.33	-0.07	0.02	-0.04
Asset Writedown	-52.48	-52.48	-5.93	-37.58	-	-
Other Unusual Items	20.83	16.31	21.85	18.62	-6.76	12.98
Pretax Income	1,503	1,287	1,700	2,315	2,125	1,558
Income Tax Expense	128.49	107.59	238.88	355.44	372.38	226.37
Earnings From Continuing Operations	1,374	1,179	1,461	1,959	1,753	1,332
Minority Interest in Earnings	-302.26	-234.01	-335.97	-498.62	-284.04	-285.12
Net Income	1,072	944.92	1,125	1,461	1,468	1,046
Net Income to Common	1,072	944.92	1,125	1,461	1,468	1,046
Net Income Growth	10.84%	-16.02%	-22.98%	-0.52%	40.34%	29.32%
Shares Outstanding (Basic)	72	72	72	72	72	72
Shares Outstanding (Diluted)	72	72	72	72	72	72
Shares Change (YoY)	-0.38%	-0.18%	0.18%	-0.03%	0.15%	0.05%
EPS (Basic)	14.92	13.15	15.63	20.33	20.43	14.58
EPS (Diluted)	14.92	13.15	15.63	20.33	20.43	14.58
EPS Growth	11.27%	-15.87%	-23.12%	-0.49%	40.12%	29.25%
Free Cash Flow	1,721	1,225	1,130	1,709	2,399	1,464
Free Cash Flow Per Share	23.97	17.05	15.70	23.78	33.38	20.39
Dividend Per Share	12.100	10.000	7.000	17.000	16.000	12.000
Dividend Growth	168.89%	42.86%	-58.82%	6.25%	33.33%	140.00%
Gross Margin	90.34%	87.87%	88.53%	88.73%	84.88%	86.00%
Operating Margin	34.56%	31.86%	37.64%	42.09%	38.64%	51.18%
Profit Margin	25.20%	25.57%	26.89%	28.27%	31.79%	38.16%
Free Cash Flow Margin	40.46%	33.15%	27.00%	33.07%	51.94%	53.37%
EBITDA	1,527	1,239	1,640	2,240	1,850	1,466
EBITDA Margin	35.89%	33.52%	39.18%	43.35%	40.05%	53.46%
D&A For EBITDA	56.41	61.07	64.61	65.13	65.27	62.42
EBIT	1,470	1,178	1,575	2,175	1,785	1,404
EBIT Margin	34.56%	31.86%	37.64%	42.09%	38.64%	51.18%
Effective Tax Rate	8.55%	8.36%	14.05%	15.35%	17.52%	14.53%
Revenue as Reported	4,254	3,696	4,185	5,168	4,619	2,742

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.