ACM Research (Shanghai), Inc. (SHA:688082)

ACM Research (Shanghai) 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	6,610	5,440	3,715	2,756	1,547	975.33
Other Revenue	177.69	177.69	173.76	116.99	73.6	32.14
Revenue	6,787	5,618	3,888	2,873	1,621	1,007
Revenue Growth (YoY)	32.69%	44.48%	35.34%	77.25%	60.88%	33.13%
Cost of Revenue	3,443	2,895	1,922	1,485	931.75	569.96
Gross Profit	3,345	2,722	1,966	1,388	689.12	437.52
Selling, General & Admin	813.23	721.82	477.26	364.83	223.54	158.34
Research & Development	877.63	728.95	615.32	379.75	277.86	138.41
Other Operating Expenses	31.01	9.89	4.84	3.35	0.81	0.84
Operating Expenses	1,804	1,525	1,144	768.93	512.67	296.42
Operating Income	1,541	1,198	822.5	619.31	176.44	141.09
Interest Expense	-38.7	-26.89	-20.08	-12.01	-6.1	-6.3
Interest & Investment Income	112.35	75.52	120.17	60.61	21.87	3.99
Currency Exchange Gain (Loss)	12.72	12.72	19	58.94	-4.52	-28.42
Other Non Operating Income (Expenses)	-2.66	-2.39	-1.42	-1.72	-0.66	-0.06
EBT Excluding Unusual Items	1,625	1,257	940.18	725.13	187.03	110.3
Gain (Loss) on Sale of Investments	187.89	24.05	8.21	-30.17	3.92	86.72
Gain (Loss) on Sale of Assets	-0.51	-0	-0.01	-0.06	-	-
Asset Writedown	-32.13	-	-	-	-	-0.17
Other Unusual Items	45.54	19.97	15.43	21.79	77.79	26.17
Pretax Income	1,826	1,301	963.81	716.7	268.74	223.02
Income Tax Expense	164.93	147.48	53.29	48.21	2.5	26.25
Earnings From Continuing Operations	1,661	1,153	910.52	668.49	266.25	196.77
Minority Interest in Earnings	0.41	-0	-	-	-	-
Net Income	1,661	1,153	910.52	668.49	266.25	196.77
Net Income to Common	1,661	1,153	910.52	668.49	266.25	196.77
Net Income Growth	66.76%	26.65%	36.21%	151.08%	35.31%	45.88%
Shares Outstanding (Basic)	441	437	436	434	392	394
Shares Outstanding (Diluted)	444	442	444	437	397	394
Shares Change (YoY)	-0.26%	-0.52%	1.66%	9.95%	0.98%	5.03%
EPS (Basic)	3.77	2.64	2.09	1.54	0.68	0.50
EPS (Diluted)	3.74	2.61	2.05	1.53	0.67	0.50
EPS Growth	67.20%	27.32%	33.99%	128.36%	34.00%	38.89%
Free Cash Flow	121.11	642.3	-825.4	-954.29	-248.78	-443.69
Free Cash Flow Per Share	0.27	1.45	-1.86	-2.18	-0.63	-1.13
Dividend Per Share	0.657	0.657	0.627	-	-	-
Dividend Growth	4.78%	4.78%	-	-	-	-
Gross Margin	49.28%	48.46%	50.57%	48.32%	42.52%	43.43%
Operating Margin	22.71%	21.32%	21.15%	21.56%	10.89%	14.01%
Profit Margin	24.47%	20.53%	23.42%	23.27%	16.43%	19.53%
Free Cash Flow Margin	1.78%	11.43%	-21.23%	-33.22%	-15.35%	-44.04%
EBITDA	1,592	1,247	870.38	641.25	185.23	145.75
EBITDA Margin	23.45%	22.20%	22.38%	22.32%	11.43%	14.47%
D&A For EBITDA	50.46	49.35	47.88	21.94	8.78	4.66
EBIT	1,541	1,198	822.5	619.31	176.44	141.09
EBIT Margin	22.71%	21.32%	21.15%	21.56%	10.89%	14.01%
Effective Tax Rate	9.03%	11.34%	5.53%	6.73%	0.93%	11.77%
Revenue as Reported	6,787	5,618	3,888	2,873	1,621	1,007
Advertising Expenses	-	-	-	-	1.58	0.6

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.