Advanced Micro-Fabrication Equipment Inc. China (SHA:688012)

SHA:688012 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	9,633	9,065	6,264	4,740	3,108	2,273
Other Revenue	-	-	-	-	-	0.15
Revenue	9,633	9,065	6,264	4,740	3,108	2,273
Revenue Growth (YoY)	44.96%	44.73%	32.15%	52.50%	36.72%	16.76%
Cost of Revenue	5,873	5,525	3,571	2,611	1,773	1,423
Gross Profit	3,761	3,540	2,692	2,129	1,335	850.22
Selling, General & Admin	972.69	960.65	709.32	644.64	498.67	389.67
Research & Development	1,605	1,355	775.98	585.36	387.5	330.72
Other Operating Expenses	-145.59	-125.23	-18.56	15.09	19.05	1.85
Operating Expenses	2,434	2,209	1,477	1,251	902.38	721.53
Operating Income	1,327	1,332	1,215	878.14	432.42	128.69
Interest Expense	-17.09	-15.42	-14.38	-4.69	-0.65	-0.26
Interest & Investment Income	190.58	193.29	904.28	220.25	219.72	36.79
Currency Exchange Gain (Loss)	2.16	2.16	-11.99	12.84	-2.62	1.17
Other Non Operating Income (Expenses)	-17.45	-6.8	-4.04	-3.62	-2.31	-3.27
EBT Excluding Unusual Items	1,485	1,505	2,089	1,103	646.55	163.12
Gain (Loss) on Sale of Investments	192.03	153.39	-203.19	63.17	293.7	246.5
Gain (Loss) on Sale of Assets	3.54	0.1	0.07	-4.78	0.13	-0.04
Other Unusual Items	57.72	50.35	124.8	97.23	192.27	103.1
Pretax Income	1,746	1,709	2,010	1,259	1,133	512.7
Income Tax Expense	72.74	94.62	226.4	90.65	121.55	20.39
Earnings From Continuing Operations	1,674	1,614	1,784	1,168	1,011	492.31
Minority Interest in Earnings	5.92	1.36	1.93	1.9	0.15	-0.11
Net Income	1,680	1,616	1,786	1,170	1,011	492.2
Net Income to Common	1,680	1,616	1,786	1,170	1,011	492.2
Net Income Growth	-4.55%	-9.53%	52.67%	15.66%	105.49%	161.03%
Shares Outstanding (Basic)	620	619	618	616	575	535
Shares Outstanding (Diluted)	622	621	620	616	575	535
Shares Change (YoY)	-0.10%	0.21%	0.72%	7.14%	7.42%	4.98%
EPS (Basic)	2.71	2.61	2.89	1.90	1.76	0.92
EPS (Diluted)	2.70	2.60	2.88	1.90	1.76	0.92
EPS Growth	-4.46%	-9.72%	51.58%	7.95%	91.30%	148.65%
Free Cash Flow	576.84	-280.51	-2,215	-1,036	405.28	519.83
Free Cash Flow Per Share	0.93	-0.45	-3.57	-1.68	0.70	0.97
Dividend Per Share	0.300	0.300	0.500	-	-	-
Dividend Growth	-40.00%	-40.00%	-	-	-	-
Gross Margin	39.04%	39.06%	42.98%	44.92%	42.95%	37.40%
Operating Margin	13.78%	14.69%	19.39%	18.53%	13.91%	5.66%
Profit Margin	17.44%	17.82%	28.51%	24.68%	32.54%	21.65%
Free Cash Flow Margin	5.99%	-3.09%	-35.37%	-21.85%	13.04%	22.87%
EBITDA	1,429	1,445	1,376	996.21	526.8	206.63
EBITDA Margin	14.83%	15.95%	21.96%	21.02%	16.95%	9.09%
D&A For EBITDA	101.71	113.56	160.97	118.07	94.38	77.94
EBIT	1,327	1,332	1,215	878.14	432.42	128.69
EBIT Margin	13.78%	14.69%	19.39%	18.53%	13.91%	5.66%
Effective Tax Rate	4.17%	5.54%	11.26%	7.20%	10.73%	3.98%
Revenue as Reported	9,633	9,065	6,264	4,740	3,108	2,273

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