Ganso Co., Ltd. (SHA:603886)

Ganso 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	2,089	2,221	2,561	2,493	2,496	2,222
Other Revenue	92.77	92.42	98.45	94.35	88.5	81.55
Revenue	2,182	2,314	2,659	2,587	2,584	2,303
Revenue Growth (YoY)	-14.30%	-12.99%	2.78%	0.11%	12.20%	3.63%
Cost of Revenue	805.86	858.98	1,025	1,057	998.12	899.54
Gross Profit	1,376	1,455	1,634	1,530	1,586	1,404
Selling, General & Admin	1,055	1,079	1,242	1,149	1,131	1,017
Research & Development	17.39	17.55	20.85	20.87	17.25	17.02
Other Operating Expenses	31.15	27.05	26.28	25.19	25.96	20.84
Operating Expenses	1,104	1,124	1,289	1,196	1,175	1,054
Operating Income	272.48	330.89	345.32	334.5	411.63	350.15
Interest Expense	-14.33	-15.22	-16.2	-16.5	-16.13	-
Interest & Investment Income	11.55	11.82	10.1	4.08	8.96	17.62
Currency Exchange Gain (Loss)	-3.76	2.73	0.08	5.03	-3.35	-0.83
Other Non Operating Income (Expenses)	1.21	-0.75	-0.6	-1.35	-0.96	-1.04
EBT Excluding Unusual Items	267.14	329.47	338.7	325.76	400.15	365.9
Gain (Loss) on Sale of Investments	28.26	11.7	12.88	7.31	5.87	5.21
Gain (Loss) on Sale of Assets	-8.43	-9.24	-5.05	-1.76	8.99	0.14
Asset Writedown	-2.45	-2.45	-1.97	-2.21	-1.87	-5.17
Other Unusual Items	-0.43	-8.74	9.07	14.92	15.9	8.12
Pretax Income	284.1	320.75	353.63	344.02	429.04	374.2
Income Tax Expense	67.16	71.99	77.31	77.62	89.2	74.18
Earnings From Continuing Operations	216.94	248.75	276.32	266.4	339.84	300.02
Minority Interest in Earnings	0.04	0	0.01	-0.03	0.01	0.01
Net Income	216.98	248.76	276.33	266.37	339.86	300.03
Net Income to Common	216.98	248.76	276.33	266.37	339.86	300.03
Net Income Growth	-16.97%	-9.98%	3.74%	-21.62%	13.27%	21.09%
Shares Outstanding (Basic)	183	239	240	240	239	240
Shares Outstanding (Diluted)	183	239	240	240	239	240
Shares Change (YoY)	-23.16%	-0.46%	0.13%	0.27%	-0.29%	-0.22%
EPS (Basic)	1.19	1.04	1.15	1.11	1.42	1.25
EPS (Diluted)	1.19	1.04	1.15	1.11	1.42	1.25
EPS Growth	8.04%	-9.56%	3.60%	-21.83%	13.60%	21.36%
Free Cash Flow	290.8	269.65	423.86	475.6	562.69	414.98
Free Cash Flow Per Share	1.59	1.13	1.76	1.98	2.35	1.73
Dividend Per Share	1.000	1.000	1.000	1.000	1.000	1.000
Dividend Growth	-	-	-	-	-	-16.67%
Gross Margin	63.07%	62.87%	61.46%	59.14%	61.38%	60.95%
Operating Margin	12.49%	14.30%	12.99%	12.93%	15.93%	15.20%
Profit Margin	9.94%	10.75%	10.39%	10.30%	13.15%	13.03%
Free Cash Flow Margin	13.33%	11.65%	15.94%	18.38%	21.77%	18.02%
EBITDA	311.41	368.34	388.36	377.35	453.07	390.07
EBITDA Margin	14.27%	15.92%	14.61%	14.59%	17.53%	16.94%
D&A For EBITDA	38.92	37.45	43.04	42.84	41.44	39.92
EBIT	272.48	330.89	345.32	334.5	411.63	350.15
EBIT Margin	12.49%	14.30%	12.99%	12.93%	15.93%	15.20%
Effective Tax Rate	23.64%	22.45%	21.86%	22.56%	20.79%	19.82%
Revenue as Reported	2,182	2,314	2,659	2,587	2,584	2,303

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