Darbond Technology Co., Ltd (SHA:688035)

Darbond Technology Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,167	928.33	922.47	582.14	416.11
Other Revenue	-	3.65	6.05	2.19	1.05
Revenue	1,167	931.98	928.52	584.33	417.17
Revenue Growth (YoY)	25.19%	0.37%	58.90%	40.07%	27.51%
Cost of Revenue	845.32	663.91	649.96	385.39	271.34
Gross Profit	321.43	268.07	278.56	198.94	145.83
Selling, General & Admin	170.25	124.12	107.38	91.73	73.88
Research & Development	66.85	61.96	46.67	30.66	24.15
Other Operating Expenses	-7.62	-2.7	-3.12	1.05	3.36
Operating Expenses	229.48	183.81	157.65	124.97	102.42
Operating Income	91.94	84.25	120.9	73.98	43.4
Interest Expense	-	-6.85	-5.81	-3.15	-3.14
Interest & Investment Income	6.63	32.13	6.81	1.63	1.47
Currency Exchange Gain (Loss)	-	0.06	0.37	0.03	-0.1
Other Non Operating Income (Expenses)	12.43	-0.74	-0.3	1.29	8.16
EBT Excluding Unusual Items	111.01	108.85	121.97	73.78	49.79
Gain (Loss) on Sale of Investments	0.09	0.38	2.53	-	-
Gain (Loss) on Sale of Assets	-0.42	-0.16	-0.11	-0.33	-0.15
Asset Writedown	0.05	-	-	-	-2.71
Other Unusual Items	-	8.17	11.24	11.98	8.24
Pretax Income	110.73	117.23	135.62	85.43	55.18
Income Tax Expense	13.2	16.92	14.32	9.31	6.76
Earnings From Continuing Operations	97.53	100.32	121.3	76.12	48.42
Minority Interest in Earnings	-0.1	2.63	1.71	-0.24	1.73
Net Income	97.43	102.95	123.01	75.89	50.15
Net Income to Common	97.43	102.95	123.01	75.89	50.15
Net Income Growth	-5.36%	-16.31%	62.09%	51.32%	40.33%
Shares Outstanding (Basic)	141	143	116	105	100
Shares Outstanding (Diluted)	141	143	116	105	100
Shares Change (YoY)	-1.24%	23.21%	10.51%	5.00%	-
EPS (Basic)	0.69	0.72	1.06	0.72	0.50
EPS (Diluted)	0.69	0.72	1.06	0.72	0.50
EPS Growth	-4.17%	-32.07%	46.67%	44.11%	-
Free Cash Flow	181.72	-202.83	-215.47	-157.56	5.79
Free Cash Flow Per Share	1.29	-1.42	-1.86	-1.50	0.06
Dividend Per Share	-	0.250	0.300	-	-
Dividend Growth	-	-16.67%	-	-	-
Gross Margin	27.55%	28.76%	30.00%	34.05%	34.96%
Operating Margin	7.88%	9.04%	13.02%	12.66%	10.40%
Profit Margin	8.35%	11.05%	13.25%	12.99%	12.02%
Free Cash Flow Margin	15.57%	-21.76%	-23.21%	-26.96%	1.39%
EBITDA	142.82	112.42	143.47	92.9	59.14
EBITDA Margin	12.24%	12.06%	15.45%	15.90%	14.18%
D&A For EBITDA	50.87	28.16	22.57	18.92	15.74
EBIT	91.94	84.25	120.9	73.98	43.4
EBIT Margin	7.88%	9.04%	13.02%	12.66%	10.40%
Effective Tax Rate	11.92%	14.43%	10.56%	10.90%	12.26%
Revenue as Reported	-	931.98	928.52	584.33	417.17

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