Western Superconducting Technologies Co., Ltd. (SHA:688122)
71.18
-0.36 (-0.50%)
Mar 20, 2026, 3:00 PM CST
SHA:688122 Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 5,237 | 4,443 | 4,003 | 4,073 | 2,838 |
Other Revenue | - | 169.39 | 155.41 | 154.3 | 88.79 |
| 5,237 | 4,612 | 4,159 | 4,227 | 2,927 | |
Revenue Growth (YoY) | 13.55% | 10.91% | -1.62% | 44.41% | 38.55% |
Cost of Revenue | 4,190 | 3,106 | 2,857 | 2,577 | 1,773 |
Gross Profit | 1,047 | 1,507 | 1,302 | 1,651 | 1,154 |
Selling, General & Admin | - | 220.23 | 223.74 | 206.09 | 173.72 |
Research & Development | - | 350.89 | 329.45 | 254.29 | 185.92 |
Other Operating Expenses | - | -30.06 | -18.91 | 28.92 | 28.76 |
Operating Expenses | - | 586.87 | 559.48 | 493.9 | 399.08 |
Operating Income | 1,047 | 919.78 | 742.26 | 1,157 | 754.68 |
Interest Expense | - | -59.7 | -67.4 | -57.62 | -44.5 |
Interest & Investment Income | - | 25.71 | 22.04 | 21.97 | 19.5 |
Currency Exchange Gain (Loss) | - | 3.11 | 3.76 | 5.03 | 15.45 |
Other Non Operating Income (Expenses) | -0.36 | -0.96 | -0.91 | -0.77 | -1.63 |
EBT Excluding Unusual Items | 1,047 | 887.94 | 699.76 | 1,125 | 743.51 |
Gain (Loss) on Sale of Investments | - | 25.77 | 38.74 | 24.19 | 5.06 |
Gain (Loss) on Sale of Assets | - | 0.42 | -3.54 | 0.67 | 2.55 |
Asset Writedown | - | - | - | - | -0.73 |
Other Unusual Items | - | 91.79 | 133.19 | 87.54 | 101.15 |
Pretax Income | 1,047 | 1,006 | 868.15 | 1,238 | 851.55 |
Income Tax Expense | 206.65 | 129.94 | 103.57 | 142.4 | 106.35 |
Earnings From Continuing Operations | 840.46 | 875.98 | 764.57 | 1,095 | 745.2 |
Minority Interest in Earnings | - | -75.19 | -12.2 | -15.31 | -3.72 |
Net Income | 840.46 | 800.79 | 752.37 | 1,080 | 741.48 |
Net Income to Common | 840.46 | 800.79 | 752.37 | 1,080 | 741.48 |
Net Income Growth | 4.95% | 6.44% | -30.33% | 45.64% | 99.98% |
Shares Outstanding (Basic) | 650 | 650 | 650 | 650 | 618 |
Shares Outstanding (Diluted) | 650 | 650 | 650 | 650 | 618 |
Shares Change (YoY) | -0.00% | 0.00% | 0.00% | 5.16% | -0.01% |
EPS (Basic) | 1.29 | 1.23 | 1.16 | 1.66 | 1.20 |
EPS (Diluted) | 1.29 | 1.23 | 1.16 | 1.66 | 1.20 |
EPS Growth | 4.96% | 6.43% | -30.33% | 38.50% | 100.00% |
Free Cash Flow | - | 94.03 | -247.69 | -363.59 | -60.68 |
Free Cash Flow Per Share | - | 0.14 | -0.38 | -0.56 | -0.10 |
Dividend Per Share | - | 0.750 | 0.700 | 0.714 | 0.714 |
Dividend Growth | - | 7.14% | -2.00% | - | 150.02% |
Gross Margin | 20.00% | 32.66% | 31.30% | 39.05% | 39.41% |
Operating Margin | 20.00% | 19.94% | 17.85% | 27.36% | 25.78% |
Profit Margin | 16.05% | 17.36% | 18.09% | 25.55% | 25.33% |
Free Cash Flow Margin | - | 2.04% | -5.96% | -8.60% | -2.07% |
EBITDA | 1,210 | 1,083 | 884.15 | 1,280 | 863.59 |
EBITDA Margin | 23.11% | 23.47% | 21.26% | 30.29% | 29.50% |
D&A For EBITDA | 162.82 | 162.82 | 141.88 | 123.79 | 108.9 |
EBIT | 1,047 | 919.78 | 742.26 | 1,157 | 754.68 |
EBIT Margin | 20.00% | 19.94% | 17.85% | 27.36% | 25.78% |
Effective Tax Rate | 19.73% | 12.92% | 11.93% | 11.51% | 12.49% |
Revenue as Reported | - | 4,612 | 4,159 | 4,227 | 2,927 |
Advertising Expenses | - | 0.56 | 0.35 | 0.06 | 0.1 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.