Beijing Labtech Instruments Co., Ltd. (SHA:688056)

SHA:688056 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	414.92	421.35	413.27	352.42	366.07	345.86
Other Revenue	2.66	2.66	2.72	2.59	2.79	2.75
Revenue	417.58	424.01	415.99	355	368.86	348.6
Revenue Growth (YoY)	-1.72%	1.93%	17.18%	-3.76%	5.81%	-8.39%
Cost of Revenue	227.26	233.07	233.99	186.33	190.5	178.9
Gross Profit	190.32	190.94	182	168.67	178.36	169.71
Selling, General & Admin	96.48	97.18	102.42	84.29	76.4	67.66
Research & Development	50.28	51.27	52.22	38.4	31.38	29.34
Other Operating Expenses	0.53	1.11	0.56	1.44	1.58	0.65
Operating Expenses	147.32	151.17	156.18	125.37	110.01	101.14
Operating Income	43	39.77	25.82	43.31	68.35	68.57
Interest Expense	-0.1	-0.1	-0.05	-0.06	-	-0.01
Interest & Investment Income	9.33	9.11	7.82	7.96	9.37	2.98
Currency Exchange Gain (Loss)	-1.43	-1.43	-0.21	-0.26	-0.46	-2.1
Other Non Operating Income (Expenses)	-0.38	-0.8	-0.89	-0.72	-0.39	-0.32
EBT Excluding Unusual Items	50.42	46.54	32.49	50.23	76.88	69.12
Impairment of Goodwill	-8.53	-8.53	-5.14	-	-	-
Gain (Loss) on Sale of Investments	0.67	0.94	-0.27	0.35	-	-
Gain (Loss) on Sale of Assets	-0	-0	-0	-0	0.01	-0.05
Asset Writedown	-0.48	-	-	-	-	-
Legal Settlements	-	-	-	-	2	-2
Other Unusual Items	4.79	4.79	1.34	0.62	3.03	9.34
Pretax Income	46.86	43.74	28.43	51.19	81.91	76.41
Income Tax Expense	6.52	4.59	0.87	6.57	12.5	11.12
Earnings From Continuing Operations	40.34	39.15	27.56	44.62	69.41	65.3
Minority Interest in Earnings	-	-	-	-	-	-0.09
Net Income	40.34	39.15	27.56	44.62	69.41	65.21
Net Income to Common	40.34	39.15	27.56	44.62	69.41	65.21
Net Income Growth	53.56%	42.03%	-38.23%	-35.71%	6.44%	6.34%
Shares Outstanding (Basic)	66	66	67	67	67	56
Shares Outstanding (Diluted)	66	66	67	67	67	56
Shares Change (YoY)	-1.76%	-1.30%	0.93%	-0.21%	19.75%	11.79%
EPS (Basic)	0.61	0.59	0.41	0.67	1.04	1.17
EPS (Diluted)	0.61	0.59	0.41	0.67	1.04	1.17
EPS Growth	56.32%	43.90%	-38.81%	-35.58%	-11.11%	-4.88%
Free Cash Flow	49.46	50.18	16.22	-19.86	-28.4	80.29
Free Cash Flow Per Share	0.75	0.76	0.24	-0.30	-0.43	1.44
Dividend Per Share	0.720	0.720	0.800	0.200	0.350	0.300
Dividend Growth	-10.00%	-10.00%	300.00%	-42.86%	16.67%	-16.67%
Gross Margin	45.58%	45.03%	43.75%	47.51%	48.35%	48.68%
Operating Margin	10.30%	9.38%	6.21%	12.20%	18.53%	19.67%
Profit Margin	9.66%	9.23%	6.63%	12.57%	18.82%	18.71%
Free Cash Flow Margin	11.85%	11.83%	3.90%	-5.59%	-7.70%	23.03%
EBITDA	58.12	54.49	38.98	51.14	74.14	73.5
EBITDA Margin	13.92%	12.85%	9.37%	14.41%	20.10%	21.09%
D&A For EBITDA	15.12	14.73	13.16	7.83	5.79	4.93
EBIT	43	39.77	25.82	43.31	68.35	68.57
EBIT Margin	10.30%	9.38%	6.21%	12.20%	18.53%	19.67%
Effective Tax Rate	13.92%	10.49%	3.07%	12.83%	15.26%	14.55%
Revenue as Reported	417.58	424.01	415.99	355	368.86	348.6

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