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

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

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.