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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,278	1,165	928.33	922.47	582.14	416.11
Other Revenue	1.7	1.7	3.65	6.05	2.19	1.05
Revenue	1,280	1,167	931.98	928.52	584.33	417.17
Revenue Growth (YoY)	33.21%	25.19%	0.37%	58.90%	40.07%	27.51%
Cost of Revenue	923.66	845.27	663.91	649.96	385.39	271.34
Gross Profit	356.26	321.48	268.07	278.56	198.94	145.83
Selling, General & Admin	175.54	170.25	124.12	107.38	91.73	73.88
Research & Development	70.44	66.85	61.96	46.67	30.66	24.15
Other Operating Expenses	-2.51	-3.63	-2.7	-3.12	1.05	3.36
Operating Expenses	248.05	232.06	183.81	157.65	124.97	102.42
Operating Income	108.21	89.41	84.25	120.9	73.98	43.4
Interest Expense	-11.98	-9.88	-6.85	-5.81	-3.15	-3.14
Interest & Investment Income	24.3	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)	-3.44	-4.69	-0.74	-0.3	1.29	8.16
EBT Excluding Unusual Items	117.63	101.91	108.85	121.97	73.78	49.79
Gain (Loss) on Sale of Investments	-0.1	0.09	0.38	2.53	-	-
Gain (Loss) on Sale of Assets	-0.49	-0.48	-0.16	-0.11	-0.33	-0.15
Asset Writedown	0.27	-	-	-	-	-2.71
Other Unusual Items	9.37	9.21	8.17	11.24	11.98	8.24
Pretax Income	126.68	110.73	117.23	135.62	85.43	55.18
Income Tax Expense	15.06	13.2	16.92	14.32	9.31	6.76
Earnings From Continuing Operations	111.62	97.53	100.32	121.3	76.12	48.42
Minority Interest in Earnings	-0.83	-0.1	2.63	1.71	-0.24	1.73
Net Income	110.79	97.43	102.95	123.01	75.89	50.15
Net Income to Common	110.79	97.43	102.95	123.01	75.89	50.15
Net Income Growth	19.54%	-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)	0.27%	-1.24%	23.21%	10.51%	5.00%	-
EPS (Basic)	0.78	0.69	0.72	1.06	0.72	0.50
EPS (Diluted)	0.78	0.69	0.72	1.06	0.72	0.50
EPS Growth	19.22%	-4.17%	-32.07%	46.67%	44.11%	-
Free Cash Flow	106.19	181.72	-202.83	-215.47	-157.56	5.79
Free Cash Flow Per Share	0.74	1.29	-1.42	-1.86	-1.50	0.06
Dividend Per Share	0.250	0.250	0.250	0.300	-	-
Dividend Growth	-	-	-16.67%	-	-	-
Gross Margin	27.83%	27.55%	28.76%	30.00%	34.05%	34.96%
Operating Margin	8.45%	7.66%	9.04%	13.02%	12.66%	10.40%
Profit Margin	8.66%	8.35%	11.05%	13.25%	12.99%	12.02%
Free Cash Flow Margin	8.30%	15.57%	-21.76%	-23.21%	-26.96%	1.39%
EBITDA	163.75	139.56	112.8	143.47	92.9	59.14
EBITDA Margin	12.79%	11.96%	12.10%	15.45%	15.90%	14.18%
D&A For EBITDA	55.54	50.14	28.55	22.57	18.92	15.74
EBIT	108.21	89.41	84.25	120.9	73.98	43.4
EBIT Margin	8.45%	7.66%	9.04%	13.02%	12.66%	10.40%
Effective Tax Rate	11.89%	11.92%	14.43%	10.56%	10.90%	12.26%
Revenue as Reported	1,280	1,167	931.98	928.52	584.33	417.17

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