Ecovacs Robotics Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Operating Revenue	18,174	16,401	15,404	15,186	12,839	7,056	Upgrade
Other Revenue	68.87	140.94	98.29	138.29	247.08	177.56	Upgrade
Revenue	18,243	16,542	15,502	15,325	13,086	7,234	Upgrade
Revenue Growth (YoY)	18.97%	6.71%	1.16%	17.11%	80.90%	36.17%	Upgrade
Cost of Revenue	10,027	9,209	8,760	7,540	6,651	4,322	Upgrade
Gross Profit	8,215	7,334	6,742	7,784	6,435	2,911	Upgrade
Selling, General & Admin	6,226	5,580	5,427	5,267	3,609	1,836	Upgrade
Research & Development	946.45	884.92	824.69	744.02	549.11	338.02	Upgrade
Other Operating Expenses	-41.41	5.21	-14.53	35.34	63.2	54	Upgrade
Operating Expenses	7,162	6,502	6,241	6,145	4,237	2,241	Upgrade
Operating Income	1,053	831.29	501.04	1,639	2,198	670.07	Upgrade
Interest Expense	-21.29	-37.56	-70.46	-56.28	-7.27	-7.62	Upgrade
Interest & Investment Income	92.31	101.67	86.02	32.34	32.22	55.86	Upgrade
Currency Exchange Gain (Loss)	-30.6	-51.14	43.12	152.55	-77.4	-61.72	Upgrade
Other Non Operating Income (Expenses)	137.83	-39.19	-32.56	-18.37	-9.58	-5.05	Upgrade
EBT Excluding Unusual Items	1,231	805.06	527.16	1,749	2,136	651.53	Upgrade
Gain (Loss) on Sale of Investments	89.15	30.48	40.01	14.94	71.92	7.33	Upgrade
Gain (Loss) on Sale of Assets	0.18	-1.84	-1.28	0.73	-8.23	2.1	Upgrade
Asset Writedown	-	-	-	-3.01	-	-	Upgrade
Other Unusual Items	26.44	68.34	87.11	64.81	52.84	70.63	Upgrade
Pretax Income	1,347	902.05	653.01	1,827	2,253	731.59	Upgrade
Income Tax Expense	171.15	96.38	41.65	126.3	239.12	87.61	Upgrade
Earnings From Continuing Operations	1,176	805.67	611.35	1,700	2,014	643.98	Upgrade
Minority Interest in Earnings	0.82	0.42	0.72	-1.98	-3.28	-2.78	Upgrade
Net Income	1,177	806.09	612.08	1,698	2,010	641.21	Upgrade
Net Income to Common	1,177	806.09	612.08	1,698	2,010	641.21	Upgrade
Net Income Growth	84.71%	31.70%	-63.96%	-15.51%	213.51%	431.22%	Upgrade
Shares Outstanding (Basic)	566	568	567	562	560	562	Upgrade
Shares Outstanding (Diluted)	571	572	572	574	569	562	Upgrade
Shares Change (YoY)	-0.37%	-0.06%	-0.31%	0.76%	1.25%	2.52%	Upgrade
EPS (Basic)	2.08	1.42	1.08	3.02	3.59	1.14	Upgrade
EPS (Diluted)	2.06	1.41	1.07	2.96	3.53	1.14	Upgrade
EPS Growth	85.41%	31.78%	-63.85%	-16.15%	209.65%	418.18%	Upgrade
Free Cash Flow	1,391	143.64	190.42	1,051	1,381	1,062	Upgrade
Free Cash Flow Per Share	2.44	0.25	0.33	1.83	2.42	1.89	Upgrade
Dividend Per Share	0.450	0.450	0.300	0.900	1.100	0.500	Upgrade
Dividend Growth	50.00%	50.00%	-66.67%	-18.18%	120.00%	-	Upgrade
Gross Margin	45.03%	44.33%	43.49%	50.80%	49.17%	40.25%	Upgrade
Operating Margin	5.77%	5.03%	3.23%	10.70%	16.80%	9.26%	Upgrade
Profit Margin	6.45%	4.87%	3.95%	11.08%	15.36%	8.86%	Upgrade
Free Cash Flow Margin	7.63%	0.87%	1.23%	6.86%	10.55%	14.68%	Upgrade
EBITDA	1,469	1,208	761.46	1,826	2,341	790.28	Upgrade
EBITDA Margin	8.05%	7.30%	4.91%	11.92%	17.89%	10.93%	Upgrade
D&A For EBITDA	416.53	376.63	260.42	187.12	142.91	120.21	Upgrade
EBIT	1,053	831.29	501.04	1,639	2,198	670.07	Upgrade
EBIT Margin	5.77%	5.03%	3.23%	10.70%	16.80%	9.26%	Upgrade
Effective Tax Rate	12.71%	10.68%	6.38%	6.91%	10.62%	11.97%	Upgrade
Revenue as Reported	18,243	16,542	15,502	15,325	13,086	7,234	Upgrade

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.