Pinming Technology Co., Ltd. (SHA:688109)

Pinming Technology 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	457.84	447.42	435.71	435.08	475.5	379.89
Revenue	457.84	447.42	435.71	435.08	475.5	379.89
Revenue Growth (YoY)	0.73%	2.69%	0.14%	-8.50%	25.17%	34.30%
Cost of Revenue	112.23	115.15	102.81	117.35	106.09	69.18
Gross Profit	345.61	332.27	332.9	317.74	369.41	310.71
Selling, General & Admin	200.48	202.15	214.13	236.97	216.24	153.58
Research & Development	99.18	113.28	122.4	157.53	119.75	80.13
Other Operating Expenses	23.46	22.9	28.29	-13.03	-15.56	-16.54
Operating Expenses	321.29	347.96	385.23	398.52	331	221.85
Operating Income	24.32	-15.69	-52.33	-80.79	38.41	88.87
Interest Expense	-0.49	-0.48	-0.56	-0.77	-0.91	-
Interest & Investment Income	10.33	11.29	11.08	12.59	15.77	3.44
Currency Exchange Gain (Loss)	-	-	0	-	-	-
Other Non Operating Income (Expenses)	-0.01	-0.48	-0.28	-0.89	-0.6	-0.88
EBT Excluding Unusual Items	34.14	-5.36	-42.1	-69.86	52.66	91.43
Gain (Loss) on Sale of Investments	0.8	0.98	3.99	5.21	1	0.04
Gain (Loss) on Sale of Assets	0.19	-0.05	0	-0.14	-0	0.14
Asset Writedown	-2.87	-0.01	-0	-0	-	-
Other Unusual Items	34.22	34.54	49.11	6.82	9.03	12.03
Pretax Income	66.48	30.1	11	-57.97	62.69	103.65
Income Tax Expense	-0.25	-1.38	-1.43	-1.96	0.02	6.01
Earnings From Continuing Operations	66.73	31.48	12.43	-56.01	62.68	97.64
Net Income to Company	66.73	31.48	12.43	-56.01	62.68	97.64
Net Income	66.73	31.48	12.43	-56.01	62.68	97.64
Net Income to Common	66.73	31.48	12.43	-56.01	62.68	97.64
Net Income Growth	65.74%	153.27%	-	-	-35.81%	31.43%
Shares Outstanding (Basic)	80	79	78	79	74	59
Shares Outstanding (Diluted)	80	79	78	79	74	59
Shares Change (YoY)	2.67%	1.31%	-1.49%	6.72%	24.73%	0.08%
EPS (Basic)	0.83	0.40	0.16	-0.71	0.85	1.65
EPS (Diluted)	0.83	0.40	0.16	-0.71	0.85	1.65
EPS Growth	61.43%	150.00%	-	-	-48.54%	31.32%
Free Cash Flow	123.91	84.9	5.7	-147.4	-34.81	57.59
Free Cash Flow Per Share	1.55	1.08	0.07	-1.87	-0.47	0.97
Dividend Per Share	0.680	0.380	0.300	-	0.414	0.552
Dividend Growth	126.67%	26.67%	-	-	-25.00%	63.27%
Gross Margin	75.49%	74.26%	76.41%	73.03%	77.69%	81.79%
Operating Margin	5.31%	-3.51%	-12.01%	-18.57%	8.08%	23.39%
Profit Margin	14.57%	7.04%	2.85%	-12.87%	13.18%	25.70%
Free Cash Flow Margin	27.06%	18.98%	1.31%	-33.88%	-7.32%	15.16%
EBITDA	24.41	-14.01	-48.52	-77.16	40.71	90.71
EBITDA Margin	5.33%	-3.13%	-11.14%	-17.73%	8.56%	23.88%
D&A For EBITDA	0.1	1.69	3.81	3.63	2.3	1.84
EBIT	24.32	-15.69	-52.33	-80.79	38.41	88.87
EBIT Margin	5.31%	-3.51%	-12.01%	-18.57%	8.08%	23.39%
Effective Tax Rate	-	-	-	-	0.02%	5.79%
Revenue as Reported	457.84	447.42	435.71	435.08	475.5	379.89
Advertising Expenses	-	8.87	11.58	11.66	15.75	10.94

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