Darbond Technology Co., Ltd (SHA:688035)

Darbond 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	1,392	1,165	928.33	922.47	582.14	416.11
Other Revenue	2.19	1.7	3.65	6.05	2.19	1.05
Revenue	1,394	1,167	931.98	928.52	584.33	417.17
Revenue Growth (YoY)	39.33%	25.19%	0.37%	58.90%	40.07%	27.51%
Cost of Revenue	1,005	845.27	663.91	649.96	385.39	271.34
Gross Profit	389.03	321.48	268.07	278.56	198.94	145.83
Selling, General & Admin	198.11	170.25	124.12	107.38	91.73	73.88
Research & Development	78.25	66.85	61.96	46.67	30.66	24.15
Other Operating Expenses	0.09	-3.63	-2.7	-3.12	1.05	3.36
Operating Expenses	279.76	232.06	183.81	157.65	124.97	102.42
Operating Income	109.27	89.41	84.25	120.9	73.98	43.4
Interest Expense	-8.91	-9.88	-6.85	-5.81	-3.15	-3.14
Interest & Investment Income	20.72	26.51	32.13	6.81	1.63	1.47
Currency Exchange Gain (Loss)	-0.55	0.55	0.06	0.37	0.03	-0.1
Other Non Operating Income (Expenses)	-4.14	-4.69	-0.74	-0.3	1.29	8.16
EBT Excluding Unusual Items	116.39	101.91	108.85	121.97	73.78	49.79
Gain (Loss) on Sale of Investments	-0.08	0.09	0.38	2.53	-	-
Gain (Loss) on Sale of Assets	-0.4	-0.48	-0.16	-0.11	-0.33	-0.15
Asset Writedown	-	-	-	-	-	-2.71
Other Unusual Items	6.89	9.21	8.17	11.24	11.98	8.24
Pretax Income	122.8	110.73	117.23	135.62	85.43	55.18
Income Tax Expense	11.75	13.2	16.92	14.32	9.31	6.76
Earnings From Continuing Operations	111.06	97.53	100.32	121.3	76.12	48.42
Minority Interest in Earnings	-1.77	-0.1	2.63	1.71	-0.24	1.73
Net Income	109.29	97.43	102.95	123.01	75.89	50.15
Net Income to Common	109.29	97.43	102.95	123.01	75.89	50.15
Net Income Growth	26.78%	-5.36%	-16.31%	62.09%	51.32%	40.33%
Shares Outstanding (Basic)	142	141	143	116	105	100
Shares Outstanding (Diluted)	142	141	143	116	105	100
Shares Change (YoY)	0.74%	-1.24%	23.21%	10.51%	5.00%	-
EPS (Basic)	0.77	0.69	0.72	1.06	0.72	0.50
EPS (Diluted)	0.77	0.69	0.72	1.06	0.72	0.50
EPS Growth	25.85%	-4.17%	-32.07%	46.67%	44.11%	-
Free Cash Flow	-13.01	181.72	-202.83	-215.47	-157.56	5.79
Free Cash Flow Per Share	-0.09	1.29	-1.42	-1.86	-1.50	0.06
Dividend Per Share	0.350	0.250	0.250	0.300	-	-
Dividend Growth	40.00%	-	-16.67%	-	-	-
Gross Margin	27.91%	27.55%	28.76%	30.00%	34.05%	34.96%
Operating Margin	7.84%	7.66%	9.04%	13.02%	12.66%	10.40%
Profit Margin	7.84%	8.35%	11.05%	13.25%	12.99%	12.02%
Free Cash Flow Margin	-0.93%	15.57%	-21.76%	-23.21%	-26.96%	1.39%
EBITDA	169.13	139.56	112.8	143.47	92.9	59.14
EBITDA Margin	12.13%	11.96%	12.10%	15.45%	15.90%	14.18%
D&A For EBITDA	59.86	50.14	28.55	22.57	18.92	15.74
EBIT	109.27	89.41	84.25	120.9	73.98	43.4
EBIT Margin	7.84%	7.66%	9.04%	13.02%	12.66%	10.40%
Effective Tax Rate	9.56%	11.92%	14.43%	10.56%	10.90%	12.26%
Revenue as Reported	1,394	1,167	931.98	928.52	584.33	417.17

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.