Primarius Technologies Co., Ltd. (SHA:688206)

Primarius Technologies 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	452.6	417.13	327.71	277.04	192.16	136.99
Other Revenue	1.95	1.95	1.18	1.51	1.7	0.5
Revenue	454.55	419.08	328.9	278.55	193.87	137.48
Revenue Growth (YoY)	17.75%	27.42%	18.07%	43.68%	41.01%	109.94%
Cost of Revenue	71.53	64.45	57.51	37.96	15.59	14.39
Gross Profit	383.03	354.63	271.38	240.59	178.27	123.1
Selling, General & Admin	154.7	158.34	146.62	113.88	89.71	54.51
Research & Development	278.98	271.51	233.76	139.85	79.46	53.5
Other Operating Expenses	-15.3	2.14	1.87	2.45	-1.83	-1.73
Operating Expenses	421.22	436.73	382.29	258.78	167.7	106.28
Operating Income	-38.19	-82.1	-110.91	-18.19	10.57	16.82
Interest Expense	-0.23	-0.04	-0.86	-1.19	-0.46	-0.18
Interest & Investment Income	22.58	19.64	40.13	44.25	15.27	8.54
Earnings From Equity Investments	-	-	-	-0.13	-	-
Currency Exchange Gain (Loss)	1.42	1.42	0.37	3.52	-0.08	-4.88
Other Non Operating Income (Expenses)	-1.28	-0.81	-0.13	-0.09	-0.09	0.84
EBT Excluding Unusual Items	-15.7	-61.89	-71.4	28.17	25.21	21.13
Impairment of Goodwill	-25.5	-25.5	-	-	-	-
Gain (Loss) on Sale of Investments	35.08	-20.05	-2.04	1.25	2.28	0.53
Gain (Loss) on Sale of Assets	0.01	0.12	0.08	0.01	0	0.01
Asset Writedown	0	0	-	-	-	-
Other Unusual Items	7.67	7.58	17.6	16.41	1.74	4.53
Pretax Income	1.56	-99.74	-55.76	45.84	29.24	26.21
Income Tax Expense	-1.39	-3.91	2.99	2.39	1.4	-1.68
Earnings From Continuing Operations	2.95	-95.82	-58.75	43.45	27.84	27.89
Minority Interest in Earnings	0.24	-0.15	2.44	1.44	0.76	1.12
Net Income	3.18	-95.97	-56.32	44.89	28.6	29.01
Net Income to Common	3.18	-95.97	-56.32	44.89	28.6	29.01
Net Income Growth	-	-	-	56.92%	-1.41%	-
Shares Outstanding (Basic)	421	436	433	449	409	171
Shares Outstanding (Diluted)	421	436	433	449	409	171
Shares Change (YoY)	-7.54%	0.70%	-3.49%	9.84%	139.44%	301.49%
EPS (Basic)	0.01	-0.22	-0.13	0.10	0.07	0.17
EPS (Diluted)	0.01	-0.22	-0.13	0.10	0.07	0.17
EPS Growth	-	-	-	42.86%	-58.82%	-
Free Cash Flow	-36.18	-152.59	0.84	-81.08	-84.4	32.62
Free Cash Flow Per Share	-0.09	-0.35	0.00	-0.18	-0.21	0.19
Dividend Per Share	0.030	0.030	-	0.070	0.020	-
Dividend Growth	-	-	-	250.00%	-	-
Gross Margin	84.27%	84.62%	82.51%	86.37%	91.96%	89.54%
Operating Margin	-8.40%	-19.59%	-33.72%	-6.53%	5.45%	12.23%
Profit Margin	0.70%	-22.90%	-17.12%	16.11%	14.75%	21.10%
Free Cash Flow Margin	-7.96%	-36.41%	0.26%	-29.11%	-43.54%	23.73%
EBITDA	-9.55	-53.35	-82.03	-0.58	21.18	20.08
EBITDA Margin	-2.10%	-12.73%	-24.94%	-0.21%	10.92%	14.61%
D&A For EBITDA	28.64	28.75	28.89	17.61	10.61	3.26
EBIT	-38.19	-82.1	-110.91	-18.19	10.57	16.82
EBIT Margin	-8.40%	-19.59%	-33.72%	-6.53%	5.45%	12.23%
Effective Tax Rate	-	-	-	5.22%	4.78%	-
Revenue as Reported	454.55	419.08	328.9	278.55	193.87	137.48
Advertising Expenses	-	5.72	8.26	-	-	-

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