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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,886	3,678	4,169	5,153	4,606	2,735
Other Revenue	18.02	18.02	16.19	14.25	12.56	7.43
Revenue	3,904	3,696	4,185	5,168	4,619	2,742
Revenue Growth (YoY)	-1.60%	-11.69%	-19.02%	11.88%	68.44%	26.35%
Cost of Revenue	452.22	448.48	479.91	582.14	698.42	383.91
Gross Profit	3,452	3,247	3,705	4,585	3,921	2,358
Selling, General & Admin	1,376	1,293	1,442	1,742	1,557	534.21
Research & Development	752.38	757.63	679.36	672.61	608.62	430.57
Other Operating Expenses	26.15	20.72	11.76	-3.85	-19.68	2.64
Operating Expenses	2,153	2,070	2,130	2,411	2,136	954.88
Operating Income	1,299	1,178	1,575	2,175	1,785	1,404
Interest Expense	-1.64	-1.64	-1.56	-0.37	-1.01	-2.4
Interest & Investment Income	150.57	174.12	131.47	151.14	418.6	132.09
Currency Exchange Gain (Loss)	34.91	34.91	31.51	172.72	-35.12	-49.04
Other Non Operating Income (Expenses)	-18.02	-1.15	0.02	5.93	-1.86	-5.26
EBT Excluding Unusual Items	1,464	1,384	1,737	2,504	2,165	1,479
Gain (Loss) on Sale of Investments	-63.94	-61.19	-52.93	-170.38	-33.75	66.07
Gain (Loss) on Sale of Assets	0.08	0.02	0.33	-0.07	0.02	-0.04
Asset Writedown	-60.22	-52.48	-5.93	-37.58	-	-
Other Unusual Items	16.31	16.31	21.85	18.62	-6.76	12.98
Pretax Income	1,357	1,287	1,700	2,315	2,125	1,558
Income Tax Expense	97.39	107.59	238.88	355.44	372.38	226.37
Earnings From Continuing Operations	1,259	1,179	1,461	1,959	1,753	1,332
Minority Interest in Earnings	-284.29	-234.01	-335.97	-498.62	-284.04	-285.12
Net Income	974.87	944.92	1,125	1,461	1,468	1,046
Net Income to Common	974.87	944.92	1,125	1,461	1,468	1,046
Net Income Growth	-9.05%	-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)	-0.20%	-0.18%	0.18%	-0.03%	0.15%	0.05%
EPS (Basic)	13.56	13.15	15.63	20.33	20.43	14.58
EPS (Diluted)	13.56	13.15	15.63	20.33	20.43	14.58
EPS Growth	-8.87%	-15.87%	-23.12%	-0.49%	40.12%	29.25%
Free Cash Flow	1,215	1,225	1,130	1,709	2,399	1,464
Free Cash Flow Per Share	16.90	17.05	15.70	23.78	33.38	20.39
Dividend Per Share	10.000	10.000	7.000	17.000	16.000	12.000
Dividend Growth	42.86%	42.86%	-58.82%	6.25%	33.33%	140.00%
Gross Margin	88.42%	87.87%	88.53%	88.73%	84.88%	86.00%
Operating Margin	33.26%	31.86%	37.64%	42.09%	38.64%	51.18%
Profit Margin	24.97%	25.57%	26.89%	28.27%	31.79%	38.16%
Free Cash Flow Margin	31.11%	33.15%	27.00%	33.07%	51.94%	53.37%
EBITDA	1,359	1,239	1,640	2,240	1,850	1,466
EBITDA Margin	34.80%	33.52%	39.18%	43.35%	40.05%	53.46%
D&A For EBITDA	60.18	61.07	64.61	65.13	65.27	62.42
EBIT	1,299	1,178	1,575	2,175	1,785	1,404
EBIT Margin	33.26%	31.86%	37.64%	42.09%	38.64%	51.18%
Effective Tax Rate	7.18%	8.36%	14.05%	15.35%	17.52%	14.53%
Revenue as Reported	3,696	3,696	4,185	5,168	4,619	2,742

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