Willfar Information Technology Co., Ltd. (SHA:688100)

SHA:688100 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	2,905	2,734	2,215	1,993	1,818	1,442
Other Revenue	10.28	10.28	10.48	10.18	7.17	7.05
Revenue	2,916	2,745	2,225	2,004	1,826	1,449
Revenue Growth (YoY)	16.42%	23.35%	11.06%	9.75%	26.03%	16.44%
Cost of Revenue	1,750	1,664	1,322	1,263	1,192	931.05
Gross Profit	1,166	1,081	902.75	740.75	633.76	517.54
Selling, General & Admin	191.51	178.78	144.64	129.05	120.58	106.3
Research & Development	231.71	240.98	227.44	198.52	176.9	129.59
Other Operating Expenses	7.87	10.61	12.58	-14.83	-15.23	-9.41
Operating Expenses	474.34	448.05	375.24	337.02	297.84	237.86
Operating Income	691.16	633.16	527.51	403.73	335.91	279.69
Interest Expense	-0.36	-0.37	-0.06	-0.05	-0.03	-
Interest & Investment Income	13.69	24.68	33.42	31.1	33.19	27.22
Currency Exchange Gain (Loss)	2.66	2.66	-0.31	22.18	-2.19	-2.24
Other Non Operating Income (Expenses)	2.65	-0.92	-3	-2.13	-1.47	-1.51
EBT Excluding Unusual Items	709.79	659.21	557.56	454.83	365.41	303.15
Gain (Loss) on Sale of Investments	15.3	15.28	-14.89	-16.34	5.96	3.81
Gain (Loss) on Sale of Assets	-0.01	0.02	0.02	-0	0.06	0
Asset Writedown	6.91	0.56	-0.56	-	-	-
Other Unusual Items	50.06	50.08	59.84	19.18	23.89	17.81
Pretax Income	782.05	725.15	601.97	457.67	395.32	324.76
Income Tax Expense	99.66	94.23	75.62	55.42	53.09	48.79
Earnings From Continuing Operations	682.38	630.92	526.35	402.25	342.23	275.97
Minority Interest in Earnings	-0	-0.25	-1.09	-2.09	-0.8	-0.66
Net Income	682.38	630.67	525.26	400.16	341.44	275.31
Net Income to Common	682.38	630.67	525.26	400.16	341.44	275.31
Net Income Growth	13.49%	20.07%	31.26%	17.20%	24.02%	26.65%
Shares Outstanding (Basic)	491	493	491	500	502	492
Shares Outstanding (Diluted)	491	493	491	500	502	492
Shares Change (YoY)	-0.50%	0.37%	-1.86%	-0.38%	2.13%	8.56%
EPS (Basic)	1.39	1.28	1.07	0.80	0.68	0.56
EPS (Diluted)	1.39	1.28	1.07	0.80	0.68	0.56
EPS Growth	14.06%	19.63%	33.75%	17.65%	21.43%	16.67%
Free Cash Flow	212.29	384	395.86	219.07	207.81	151.03
Free Cash Flow Per Share	0.43	0.78	0.81	0.44	0.41	0.31
Dividend Per Share	0.770	0.520	0.430	0.330	0.260	0.225
Dividend Growth	79.07%	20.93%	30.30%	26.92%	15.56%	28.57%
Gross Margin	39.98%	39.39%	40.57%	36.97%	34.71%	35.73%
Operating Margin	23.71%	23.07%	23.71%	20.15%	18.40%	19.31%
Profit Margin	23.41%	22.98%	23.61%	19.97%	18.70%	19.01%
Free Cash Flow Margin	7.28%	13.99%	17.79%	10.93%	11.38%	10.43%
EBITDA	718.47	658.81	550.92	424.04	352.87	294.09
EBITDA Margin	24.64%	24.00%	24.76%	21.16%	19.33%	20.30%
D&A For EBITDA	27.31	25.64	23.41	20.31	16.96	14.4
EBIT	691.16	633.16	527.51	403.73	335.91	279.69
EBIT Margin	23.71%	23.07%	23.71%	20.15%	18.40%	19.31%
Effective Tax Rate	12.74%	13.00%	12.56%	12.11%	13.43%	15.02%
Revenue as Reported	2,916	2,745	2,225	2,004	1,826	1,449

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