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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	4,597	3,629	2,278	3,671	2,562	1,824
Other Revenue	10.14	10.14	7.6	1.05	-	-
Revenue	4,607	3,639	2,286	3,672	2,562	1,824
Revenue Growth (YoY)	52.41%	59.20%	-37.76%	43.34%	40.49%	4.95%
Cost of Revenue	1,907	1,568	1,132	1,993	1,331	520.93
Gross Profit	2,701	2,071	1,154	1,679	1,231	1,303
Selling, General & Admin	442.19	292.27	263.09	288.55	274.56	267.09
Research & Development	753.83	763.47	681.81	563.49	369.85	299.88
Other Operating Expenses	17.58	4.6	4.2	-40.71	9.71	1.93
Operating Expenses	1,214	1,061	948.96	812.04	654.56	568.69
Operating Income	1,486	1,010	205.03	867.44	576.4	734.05
Interest Expense	-1.51	-1.51	-0.74	-1.03	-1.19	-
Interest & Investment Income	282.22	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)	3.14	-0.28	-0.23	-0.88	-0.2	-0.15
EBT Excluding Unusual Items	1,782	1,299	476.27	1,323	938.14	892.52
Gain (Loss) on Sale of Investments	54.3	23.89	-87.33	90.75	-99.37	160.72
Gain (Loss) on Sale of Assets	-	-	-0.04	0.44	-0	-
Asset Writedown	32.86	-	-	-	-	-
Other Unusual Items	89.57	89.57	83.32	-	76.24	151.41
Pretax Income	1,959	1,413	472.22	1,414	915.01	1,205
Income Tax Expense	99.16	71.88	21.07	114.49	85.87	100.96
Earnings From Continuing Operations	1,860	1,341	451.15	1,299	829.14	1,104
Net Income to Company	1,860	1,341	451.15	1,299	829.14	1,104
Minority Interest in Earnings	117.74	71.04	-0.24	0.01	-	-
Net Income	1,978	1,412	450.91	1,299	829.14	1,104
Net Income to Common	1,978	1,412	450.91	1,299	829.14	1,104
Net Income Growth	105.54%	213.10%	-65.30%	56.71%	-24.88%	18.31%
Shares Outstanding (Basic)	1,127	1,129	1,127	1,129	1,136	1,126
Shares Outstanding (Diluted)	1,127	1,129	1,127	1,134	1,136	1,138
Shares Change (YoY)	1.29%	0.19%	-0.60%	-0.15%	-0.18%	7.33%
EPS (Basic)	1.75	1.25	0.40	1.15	0.73	0.98
EPS (Diluted)	1.75	1.25	0.40	1.15	0.73	0.97
EPS Growth	102.92%	212.50%	-65.22%	57.53%	-24.74%	10.23%
Free Cash Flow	1,688	1,312	307.26	461.98	526.95	560.78
Free Cash Flow Per Share	1.50	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	58.61%	56.91%	50.49%	45.73%	48.05%	71.44%
Operating Margin	32.26%	27.76%	8.97%	23.62%	22.50%	40.25%
Profit Margin	42.92%	38.80%	19.73%	35.38%	32.36%	60.52%
Free Cash Flow Margin	36.63%	36.06%	13.44%	12.58%	20.57%	30.75%
EBITDA	1,596	1,118	293.64	905.87	624.41	764.71
EBITDA Margin	34.63%	30.72%	12.85%	24.67%	24.37%	41.93%
D&A For EBITDA	109.5	107.81	88.6	38.43	48	30.67
EBIT	1,486	1,010	205.03	867.44	576.4	734.05
EBIT Margin	32.26%	27.76%	8.97%	23.62%	22.50%	40.25%
Effective Tax Rate	5.06%	5.09%	4.46%	8.10%	9.38%	8.38%
Revenue as Reported	4,607	3,639	2,286	-	2,562	1,824

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