Ningbo Dechang Electrical Machinery Made Co., Ltd. (SHA:605555)

SHA:605555 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	4,277	3,976	2,683	1,859	2,706	2,039
Other Revenue	119.37	119.37	92.61	78.68	135.27	25.9
Revenue	4,396	4,095	2,775	1,938	2,842	2,065
Revenue Growth (YoY)	20.99%	47.56%	43.19%	-31.80%	37.63%	71.90%
Cost of Revenue	3,759	3,395	2,248	1,599	2,295	1,510
Gross Profit	636.89	700.13	527.07	339.47	546.04	554.77
Selling, General & Admin	229.36	189.24	132.53	107.54	120.18	75.51
Research & Development	162.99	137.77	101.18	81.45	97.66	73.38
Other Operating Expenses	16.01	14.67	13.89	13.8	12.54	8.48
Operating Expenses	409.99	343.53	251.67	203.5	229.96	164.57
Operating Income	226.9	356.6	275.39	135.97	316.09	390.2
Interest Expense	-7.55	-7.74	-10.92	-7.34	-7.93	-12.38
Interest & Investment Income	43.6	58.08	59.3	43.52	36.6	18.57
Currency Exchange Gain (Loss)	41.9	41.9	36.11	150.7	-24.85	-61.92
Other Non Operating Income (Expenses)	-14.71	-4.72	-4.16	-1.83	-1.65	-2.7
EBT Excluding Unusual Items	290.13	444.11	355.71	321.02	318.25	331.77
Gain (Loss) on Sale of Investments	0.21	0.32	-0.05	0.54	3.17	21.68
Gain (Loss) on Sale of Assets	2.54	0.1	0.18	-4.65	-0.98	-0.52
Asset Writedown	-4.44	0.32	-	-	-	-
Other Unusual Items	8.47	8.47	7.09	6.98	18.33	2.02
Pretax Income	296.91	453.32	362.93	323.88	338.78	354.96
Income Tax Expense	25.69	42.5	40.75	25.33	38.1	50.96
Net Income	271.22	410.83	322.18	298.55	300.67	304
Net Income to Common	271.22	410.83	322.18	298.55	300.67	304
Net Income Growth	-24.74%	27.51%	7.92%	-0.71%	-1.09%	103.11%
Shares Outstanding (Basic)	489	485	481	485	377	357
Shares Outstanding (Diluted)	489	485	481	485	377	357
Shares Change (YoY)	0.86%	0.84%	-0.76%	28.54%	5.72%	10.18%
EPS (Basic)	0.55	0.85	0.67	0.62	0.80	0.85
EPS (Diluted)	0.55	0.85	0.67	0.62	0.80	0.85
EPS Growth	-25.39%	26.45%	8.74%	-22.76%	-6.45%	84.35%
Free Cash Flow	-527.62	-253.91	131.92	-18.94	128.39	-48.24
Free Cash Flow Per Share	-1.08	-0.52	0.27	-0.04	0.34	-0.14
Dividend Per Share	0.269	0.269	0.269	0.275	0.137	-
Dividend Growth	-	-	-2.00%	99.93%	-	-
Gross Margin	14.49%	17.10%	18.99%	17.52%	19.22%	26.87%
Operating Margin	5.16%	8.71%	9.92%	7.02%	11.12%	18.90%
Profit Margin	6.17%	10.03%	11.61%	15.40%	10.58%	14.72%
Free Cash Flow Margin	-12.00%	-6.20%	4.75%	-0.98%	4.52%	-2.34%
EBITDA	345.55	452.15	340.14	181.68	361.43	422.96
EBITDA Margin	7.86%	11.04%	12.26%	9.38%	12.72%	20.49%
D&A For EBITDA	118.65	95.55	64.75	45.71	45.35	32.76
EBIT	226.9	356.6	275.39	135.97	316.09	390.2
EBIT Margin	5.16%	8.71%	9.92%	7.02%	11.12%	18.90%
Effective Tax Rate	8.65%	9.38%	11.23%	7.82%	11.25%	14.36%
Revenue as Reported	4,396	4,095	2,775	1,938	2,842	2,065

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