GigaDevice Semiconductor Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	11,481	9,202	7,356	5,760	8,129	8,506
Other Revenue	1.21	1.21	0.35	0.36	0.55	4.5
Revenue	11,482	9,203	7,356	5,761	8,130	8,510
Revenue Growth (YoY)	50.34%	25.11%	27.69%	-29.14%	-4.47%	89.25%
Cost of Revenue	6,205	5,601	4,733	4,015	4,433	4,594
Gross Profit	5,278	3,602	2,623	1,746	3,697	3,916
Selling, General & Admin	1,125	1,065	868.94	646.67	695.21	618.18
Research & Development	1,178	1,111	1,116	983.66	931.42	835.24
Other Operating Expenses	33.44	34.68	28.7	20	67.61	35.28
Operating Expenses	2,335	2,210	2,013	1,650	1,694	1,489
Operating Income	2,943	1,392	610.02	96.38	2,003	2,427
Interest Expense	-15.07	-22.13	-19.25	-7.11	-7.89	-5.9
Interest & Investment Income	287.83	280.53	352.37	321.24	208.03	195.14
Currency Exchange Gain (Loss)	-113.53	-113.53	130.6	29.13	194.88	-24.01
Other Non Operating Income (Expenses)	-202.53	-5.33	-6.9	-3.69	-2.6	225.67
EBT Excluding Unusual Items	2,899	1,532	1,067	435.94	2,396	2,818
Impairment of Goodwill	-	-	-	-373.37	-241.49	-155.58
Gain (Loss) on Sale of Investments	165.2	132.15	-0.28	-11.99	-6.97	-201.59
Gain (Loss) on Sale of Assets	-0.35	-0.65	-0.46	-0.74	-2.03	-0.92
Asset Writedown	-24.28	-8.98	-	-2.63	-	-
Legal Settlements	-	-	-	-	40.02	-
Other Unusual Items	52.15	52.15	57.56	77.54	77.36	63.4
Pretax Income	3,092	1,706	1,124	124.75	2,262	2,523
Income Tax Expense	181.92	29.01	22.78	-36.39	209.54	186.57
Earnings From Continuing Operations	2,910	1,677	1,101	161.14	2,053	2,337
Minority Interest in Earnings	-35.49	-29.32	1.66	-	-	-
Net Income	2,875	1,648	1,103	161.14	2,053	2,337
Net Income to Common	2,875	1,648	1,103	161.14	2,053	2,337
Net Income Growth	153.86%	49.48%	584.21%	-92.15%	-12.15%	165.33%
Shares Outstanding (Basic)	700	665	664	671	662	660
Shares Outstanding (Diluted)	700	667	664	671	664	662
Shares Change (YoY)	5.08%	0.46%	-1.08%	1.06%	0.36%	2.23%
EPS (Basic)	4.10	2.48	1.66	0.24	3.10	3.54
EPS (Diluted)	4.10	2.47	1.66	0.24	3.09	3.53
EPS Growth	141.58%	48.80%	591.67%	-92.23%	-12.46%	159.56%
Free Cash Flow	2,421	1,080	1,533	838.39	398.85	1,640
Free Cash Flow Per Share	3.46	1.62	2.31	1.25	0.60	2.48
Dividend Per Share	0.750	0.750	0.340	-	0.620	1.060
Dividend Growth	120.59%	120.59%	-	-	-41.51%	165.00%
Gross Margin	45.96%	39.14%	35.66%	30.31%	45.48%	46.01%
Operating Margin	25.63%	15.13%	8.29%	1.67%	24.64%	28.52%
Profit Margin	25.04%	17.91%	14.99%	2.80%	25.25%	27.46%
Free Cash Flow Margin	21.09%	11.73%	20.84%	14.55%	4.91%	19.27%
EBITDA	3,317	1,767	984.21	453.74	2,287	2,641
EBITDA Margin	28.89%	19.20%	13.38%	7.88%	28.13%	31.04%
D&A For EBITDA	374.56	374.49	374.18	357.37	284.05	213.99
EBIT	2,943	1,392	610.02	96.38	2,003	2,427
EBIT Margin	25.63%	15.13%	8.29%	1.67%	24.64%	28.52%
Effective Tax Rate	5.88%	1.70%	2.03%	-	9.26%	7.39%
Revenue as Reported	11,482	9,203	7,356	5,761	8,130	8,510
Advertising Expenses	-	16.37	13.89	-	-	-

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