Western Superconducting Technologies Co., Ltd. (SHA:688122)
51.57
+1.65 (3.31%)
Sep 11, 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 | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 4,961 | 5,065 | 4,443 | 4,003 | 4,073 | 2,838 |
Other Revenue | 153.82 | 160.48 | 169.39 | 155.41 | 154.3 | 88.79 |
| 5,115 | 5,226 | 4,612 | 4,159 | 4,227 | 2,927 | |
Revenue Growth | -3.76% | 13.30% | 10.91% | -1.62% | 44.41% | 38.55% |
Cost of Revenue | 3,755 | 3,619 | 3,106 | 2,857 | 2,577 | 1,773 |
Gross Profit | 1,360 | 1,607 | 1,507 | 1,302 | 1,651 | 1,154 |
Selling, General & Admin | 329.96 | 292.59 | 220.23 | 223.74 | 206.09 | 173.72 |
Research & Development | 506.18 | 397.69 | 350.89 | 329.45 | 254.29 | 185.92 |
Other Operating Expenses | 33.69 | -11.11 | -30.06 | -18.91 | 28.92 | 28.76 |
Operating Expenses | 877.15 | 708.27 | 586.87 | 559.48 | 493.9 | 399.08 |
Operating Income | 482.68 | 898.83 | 919.78 | 742.26 | 1,157 | 754.68 |
Interest Expense | -65.39 | -60.18 | -59.7 | -67.4 | -57.62 | -44.5 |
Interest & Investment Income | 20.77 | 23.33 | 25.71 | 22.04 | 21.97 | 19.5 |
Earnings From Equity Investments | 0.81 | - | - | - | - | - |
Currency Exchange Gain (Loss) | -11.98 | -4.78 | 3.11 | 3.76 | 5.03 | 15.45 |
Other Non Operating Income (Expenses) | -0.94 | -0.74 | -0.96 | -0.91 | -0.77 | -1.63 |
EBT Excluding Unusual Items | 425.95 | 856.45 | 887.94 | 699.76 | 1,125 | 743.51 |
Gain (Loss) on Sale of Investments | 296.47 | 104.37 | 25.77 | 38.74 | 24.19 | 5.06 |
Gain (Loss) on Sale of Assets | -0.35 | 0.04 | 0.42 | -3.54 | 0.67 | 2.55 |
Asset Writedown | - | - | - | - | - | -0.73 |
Other Unusual Items | 98.94 | 82.23 | 91.79 | 133.19 | 87.54 | 101.15 |
Pretax Income | 821 | 1,043 | 1,006 | 868.15 | 1,238 | 851.55 |
Income Tax Expense | 65.64 | 88.95 | 129.94 | 103.57 | 142.4 | 106.35 |
Earnings From Continuing Operations | 755.36 | 954.14 | 875.98 | 764.57 | 1,095 | 745.2 |
Minority Interest in Earnings | -116.93 | -114.87 | -75.19 | -12.2 | -15.31 | -3.72 |
Net Income | 638.43 | 839.27 | 800.79 | 752.37 | 1,080 | 741.48 |
Net Income to Common | 638.43 | 839.27 | 800.79 | 752.37 | 1,080 | 741.48 |
Net Income Growth | -36.06% | 4.81% | 6.44% | -30.33% | 45.64% | 99.98% |
Shares Outstanding (Basic) | 650 | 650 | 650 | 650 | 650 | 618 |
Shares Outstanding (Diluted) | 650 | 650 | 650 | 650 | 650 | 618 |
Shares Change | 0.00% | -0.01% | 0.00% | 0.00% | 5.16% | -0.01% |
EPS (Basic) | 0.98 | 1.29 | 1.23 | 1.16 | 1.66 | 1.20 |
EPS (Diluted) | 0.98 | 1.29 | 1.23 | 1.16 | 1.66 | 1.20 |
EPS Growth | -36.06% | 4.81% | 6.43% | -30.33% | 38.50% | 100.00% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | -5.77 | 290.47 | 94.03 | -247.69 | -363.59 | -60.68 |
Free Cash Flow Per Share | -0.01 | 0.45 | 0.14 | -0.38 | -0.56 | -0.10 |
Dividend Per Share | 0.600 | 0.400 | 0.750 | 0.700 | 0.714 | 0.714 |
Dividend Growth | -20.00% | -46.67% | 7.14% | -2.00% | 0% | 150.02% |
Gross Margin | 26.59% | 30.75% | 32.66% | 31.30% | 39.05% | 39.41% |
Operating Margin | 9.44% | 17.20% | 19.94% | 17.85% | 27.36% | 25.78% |
Profit Margin | 12.48% | 16.06% | 17.36% | 18.09% | 25.55% | 25.33% |
Free Cash Flow Margin | -0.11% | 5.56% | 2.04% | -5.96% | -8.60% | -2.07% |
EBITDA | 688.1 | 1,095 | 1,084 | 884.15 | 1,280 | 863.59 |
EBITDA Margin | 13.45% | 20.95% | 23.51% | 21.26% | 30.29% | 29.50% |
D&A For EBITDA | 205.42 | 195.68 | 164.52 | 141.88 | 123.79 | 108.9 |
EBIT | 482.68 | 898.83 | 919.78 | 742.26 | 1,157 | 754.68 |
EBIT Margin | 9.44% | 17.20% | 19.94% | 17.85% | 27.36% | 25.78% |
Effective Tax Rate | 7.99% | 8.53% | 12.92% | 11.93% | 11.51% | 12.49% |
Revenue as Reported | 5,115 | 5,226 | 4,612 | 4,159 | 4,227 | 2,927 |
Advertising Expenses | - | 1.42 | 0.56 | 0.35 | 0.06 | 0.1 |