Guizhou Aviation Technical Development Co., Ltd (SHA:688239)

SHA:688239 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	1,531	1,687	2,010	1,421	943.15	654.95
Other Revenue	118.24	118.24	93.51	32.72	16.63	15.72
Revenue	1,649	1,805	2,104	1,454	959.78	670.67
Revenue Growth (YoY)	-22.26%	-14.19%	44.69%	51.49%	43.11%	13.91%
Cost of Revenue	1,233	1,348	1,588	1,029	675.38	489.28
Gross Profit	416.7	457.72	516.31	424.96	284.4	181.39
Selling, General & Admin	120.31	120.39	178.27	126.93	74.94	49.06
Research & Development	73.16	76.95	82.09	68.63	48.64	27.02
Other Operating Expenses	12.55	12.03	14.76	7.26	-5.67	2.71
Operating Expenses	223.6	235.14	289.15	217.63	121.41	81.44
Operating Income	193.1	222.58	227.16	207.33	162.99	99.95
Interest Expense	-33.28	-32.96	-28.79	-22.88	-13.16	-17.9
Interest & Investment Income	8.23	8.68	2.93	1.42	0.76	0.13
Currency Exchange Gain (Loss)	5.37	5.37	0.82	1.57	-1.95	3
Other Non Operating Income (Expenses)	0.36	-0.64	-1.91	-0.9	-1.01	0.4
EBT Excluding Unusual Items	173.78	203.03	200.22	186.53	147.63	85.59
Gain (Loss) on Sale of Investments	-0.43	-2.38	-10.6	-4.95	-5.82	-5.62
Gain (Loss) on Sale of Assets	-0.83	-0.64	0.33	-0.13	-0.54	-0.94
Asset Writedown	-6.11	-	-	-0.19	-5.11	-
Other Unusual Items	23.96	11.33	25.57	23	19.75	3.77
Pretax Income	190.38	211.34	215.52	204.27	155.91	82.8
Income Tax Expense	13.68	25.16	31.24	20.9	16.97	10.1
Earnings From Continuing Operations	176.7	186.17	184.28	183.37	138.94	72.69
Minority Interest in Earnings	-1.03	2.44	1.31	-	-	-
Net Income	175.67	188.61	185.58	183.37	138.94	72.69
Net Income to Common	175.67	188.61	185.58	183.37	138.94	72.69
Net Income Growth	-7.94%	1.63%	1.21%	31.98%	91.13%	34.96%
Shares Outstanding (Basic)	145	145	143	140	123	105
Shares Outstanding (Diluted)	148	147	144	140	123	105
Shares Change (YoY)	1.46%	2.43%	2.78%	13.84%	16.71%	-0.25%
EPS (Basic)	1.21	1.30	1.30	1.31	1.13	0.69
EPS (Diluted)	1.19	1.28	1.29	1.31	1.13	0.69
EPS Growth	-9.26%	-0.78%	-1.53%	15.93%	63.77%	35.29%
Free Cash Flow	-20.51	-35.85	-78.03	-178.46	-433.22	23.42
Free Cash Flow Per Share	-0.14	-0.24	-0.54	-1.27	-3.52	0.22
Dividend Per Share	0.220	0.220	0.490	-	0.200	-
Dividend Growth	4.76%	-55.10%	-	-	-	-
Gross Margin	25.26%	25.35%	24.54%	29.23%	29.63%	27.05%
Operating Margin	11.71%	12.33%	10.80%	14.26%	16.98%	14.90%
Profit Margin	10.65%	10.45%	8.82%	12.61%	14.48%	10.84%
Free Cash Flow Margin	-1.24%	-1.99%	-3.71%	-12.27%	-45.14%	3.49%
EBITDA	262.05	289.6	286.51	242.45	184.44	122.65
EBITDA Margin	15.89%	16.04%	13.62%	16.67%	19.22%	18.29%
D&A For EBITDA	68.95	67.02	59.34	35.12	21.45	22.7
EBIT	193.1	222.58	227.16	207.33	162.99	99.95
EBIT Margin	11.71%	12.33%	10.80%	14.26%	16.98%	14.90%
Effective Tax Rate	7.19%	11.91%	14.50%	10.23%	10.89%	12.20%
Revenue as Reported	1,649	1,805	2,104	1,454	959.78	670.67
Advertising Expenses	-	1.76	2.49	1.4	4.84	-

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