Hubei Chaozhuo Aviation Technology Co., Ltd. (SHA:688237)

SHA:688237 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	387.17	394.53	265.45	133.69	140.37	111.31
Other Revenue	9.05	9.05	4.71	6.02	0.94	11.18
Revenue	396.22	403.58	270.16	139.7	141.31	122.49
Revenue Growth (YoY)	33.89%	49.38%	93.38%	-1.13%	15.36%	139.10%
Cost of Revenue	307.9	302.31	184.91	65.45	46.91	41.52
Gross Profit	88.32	101.27	85.25	74.25	94.39	80.98
Selling, General & Admin	52.75	53.5	44.8	22.48	16.81	6.95
Research & Development	33.73	29.7	28.38	15.33	12.89	10.23
Other Operating Expenses	0.07	0.55	0.57	0.73	0.23	-0.62
Operating Expenses	93.95	90.05	78.33	39.56	31.37	17.37
Operating Income	-5.63	11.21	6.93	34.69	63.03	63.61
Interest Expense	-1.18	-1.18	-0.16	-	-	-0.19
Interest & Investment Income	10.17	11.32	15.48	10.21	7.18	2.04
Currency Exchange Gain (Loss)	-0.09	-0.09	0.07	0.03	-0	-0.23
Other Non Operating Income (Expenses)	-0.7	-0.87	-1.17	-0.9	-0.27	2.27
EBT Excluding Unusual Items	2.57	20.4	21.14	44.03	69.94	67.49
Impairment of Goodwill	-2.62	-2.62	-	-	-	-
Gain (Loss) on Sale of Investments	1.05	0.77	5.92	1.48	-0.02	-
Gain (Loss) on Sale of Assets	0.12	0.08	-0.92	0.03	0.08	-
Asset Writedown	0.84	-0.03	-1.63	-	-	-0.04
Other Unusual Items	1.49	1.49	-58.17	19.51	11.38	6.76
Pretax Income	3.46	20.08	-33.66	65.05	81.37	74.21
Income Tax Expense	5.6	7.09	1.35	6.36	10.64	10.01
Net Income	-2.15	12.99	-35	58.69	70.73	64.21
Net Income to Common	-2.15	12.99	-35	58.69	70.73	64.21
Net Income Growth	-	-	-	-17.03%	10.16%	499.35%
Shares Outstanding (Basic)	90	87	90	78	67	58
Shares Outstanding (Diluted)	90	87	90	78	67	58
Shares Change (YoY)	0.10%	-3.54%	14.70%	16.16%	15.41%	3.52%
EPS (Basic)	-0.02	0.15	-0.39	0.75	1.05	1.10
EPS (Diluted)	-0.02	0.15	-0.39	0.75	1.05	1.10
EPS Growth	-	-	-	-28.57%	-4.54%	478.95%
Free Cash Flow	-84.76	-106.29	-197.43	-173.53	-62.66	20.4
Free Cash Flow Per Share	-0.94	-1.23	-2.20	-2.22	-0.93	0.35
Dividend Per Share	0.340	0.340	0.340	-	-	-
Gross Margin	22.29%	25.09%	31.56%	53.15%	66.80%	66.11%
Operating Margin	-1.42%	2.78%	2.56%	24.83%	44.60%	51.93%
Profit Margin	-0.54%	3.22%	-12.96%	42.01%	50.06%	52.42%
Free Cash Flow Margin	-21.39%	-26.34%	-73.08%	-124.21%	-44.34%	16.65%
EBITDA	18.76	33.69	21.75	44.6	68.55	68.39
EBITDA Margin	4.73%	8.35%	8.05%	31.92%	48.52%	55.83%
D&A For EBITDA	24.38	22.47	14.82	9.91	5.53	4.78
EBIT	-5.63	11.21	6.93	34.69	63.03	63.61
EBIT Margin	-1.42%	2.78%	2.56%	24.83%	44.60%	51.93%
Effective Tax Rate	162.03%	35.32%	-	9.78%	13.08%	13.48%
Revenue as Reported	396.22	403.58	270.16	139.7	141.31	122.49
Advertising Expenses	-	0.54	0.1	0.92	-	-

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