Montage Technology Co., Ltd. (SHA:688008)

Montage Technology 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	5,116	3,629	2,278	3,671	2,562	1,824
Other Revenue	10.14	10.14	7.6	1.05	-	-
Revenue	5,126	3,639	2,286	3,672	2,562	1,824
Revenue Growth (YoY)	53.86%	59.20%	-37.76%	43.34%	40.49%	4.95%
Cost of Revenue	2,055	1,568	1,132	1,993	1,331	520.93
Gross Profit	3,071	2,071	1,154	1,679	1,231	1,303
Selling, General & Admin	774.44	292.27	263.09	288.55	274.56	267.09
Research & Development	744.35	763.47	681.81	563.49	369.85	299.88
Other Operating Expenses	12.45	4.6	4.2	-40.71	9.71	1.93
Operating Expenses	1,533	1,061	948.96	812.04	654.56	568.69
Operating Income	1,538	1,010	205.03	867.44	576.4	734.05
Interest Expense	-1.84	-1.51	-0.74	-1.03	-1.19	-
Interest & Investment Income	363.77	278.58	269.88	455.89	351.29	182.08
Currency Exchange Gain (Loss)	12.31	12.31	2.32	1.26	11.84	-23.45
Other Non Operating Income (Expenses)	-20.27	-0.28	-0.23	-0.88	-0.2	-0.15
EBT Excluding Unusual Items	1,892	1,299	476.27	1,323	938.14	892.52
Gain (Loss) on Sale of Investments	49.81	23.89	-87.33	90.75	-99.37	160.72
Gain (Loss) on Sale of Assets	-0.77	-	-0.04	0.44	-0	-
Asset Writedown	33.36	-	-	-	-	-
Other Unusual Items	89.56	89.57	83.32	-	76.24	151.41
Pretax Income	2,064	1,413	472.22	1,414	915.01	1,205
Income Tax Expense	123.18	71.88	21.07	114.49	85.87	100.96
Earnings From Continuing Operations	1,941	1,341	451.15	1,299	829.14	1,104
Net Income to Company	1,941	1,341	451.15	1,299	829.14	1,104
Minority Interest in Earnings	125.26	71.04	-0.24	0.01	-	-
Net Income	2,066	1,412	450.91	1,299	829.14	1,104
Net Income to Common	2,066	1,412	450.91	1,299	829.14	1,104
Net Income Growth	72.85%	213.10%	-65.30%	56.71%	-24.88%	18.31%
Shares Outstanding (Basic)	1,136	1,129	1,127	1,129	1,136	1,126
Shares Outstanding (Diluted)	1,142	1,129	1,127	1,134	1,136	1,138
Shares Change (YoY)	0.59%	0.19%	-0.60%	-0.15%	-0.18%	7.33%
EPS (Basic)	1.82	1.25	0.40	1.15	0.73	0.98
EPS (Diluted)	1.81	1.25	0.40	1.15	0.73	0.97
EPS Growth	71.83%	212.50%	-65.22%	57.53%	-24.74%	10.23%
Free Cash Flow	1,727	1,312	307.26	461.98	526.95	560.78
Free Cash Flow Per Share	1.51	1.16	0.27	0.41	0.46	0.49
Dividend Per Share	0.390	0.390	0.300	0.300	0.300	0.300
Dividend Growth	30.00%	30.00%	-	-	-	-
Gross Margin	59.90%	56.91%	50.49%	45.73%	48.05%	71.44%
Operating Margin	30.00%	27.76%	8.97%	23.62%	22.50%	40.25%
Profit Margin	40.31%	38.80%	19.73%	35.38%	32.36%	60.52%
Free Cash Flow Margin	33.69%	36.06%	13.44%	12.58%	20.57%	30.75%
EBITDA	1,660	1,118	293.64	905.87	624.41	764.71
EBITDA Margin	32.39%	30.72%	12.85%	24.67%	24.37%	41.93%
D&A For EBITDA	122.22	107.81	88.6	38.43	48	30.67
EBIT	1,538	1,010	205.03	867.44	576.4	734.05
EBIT Margin	30.00%	27.76%	8.97%	23.62%	22.50%	40.25%
Effective Tax Rate	5.97%	5.09%	4.46%	8.10%	9.38%	8.38%
Revenue as Reported	5,126	3,639	2,286	-	2,562	1,824

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