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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,662	1,687	2,010	1,421	943.15	654.95
Other Revenue	56.17	118.24	93.51	32.72	16.63	15.72
Revenue	1,718	1,805	2,104	1,454	959.78	670.67
Revenue Growth (YoY)	-10.63%	-14.19%	44.69%	51.49%	43.11%	13.91%
Cost of Revenue	1,272	1,348	1,588	1,029	675.38	489.28
Gross Profit	446.47	457.72	516.31	424.96	284.4	181.39
Selling, General & Admin	122.86	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	-9.17	12.03	14.76	7.26	-5.67	2.71
Operating Expenses	210.41	235.14	289.15	217.63	121.41	81.44
Operating Income	236.06	222.58	227.16	207.33	162.99	99.95
Interest Expense	-36.06	-32.96	-28.79	-22.88	-13.16	-17.9
Interest & Investment Income	8.1	8.68	2.93	1.42	0.76	0.13
Currency Exchange Gain (Loss)	2.09	5.37	0.82	1.57	-1.95	3
Other Non Operating Income (Expenses)	3.72	-0.64	-1.91	-0.9	-1.01	0.4
EBT Excluding Unusual Items	213.91	203.03	200.22	186.53	147.63	85.59
Gain (Loss) on Sale of Investments	1.02	-2.38	-10.6	-4.95	-5.82	-5.62
Gain (Loss) on Sale of Assets	-0.85	-0.64	0.33	-0.13	-0.54	-0.94
Asset Writedown	-21.72	-	-	-0.19	-5.11	-
Other Unusual Items	2.96	11.33	25.57	23	19.75	3.77
Pretax Income	195.32	211.34	215.52	204.27	155.91	82.8
Income Tax Expense	18.39	25.16	31.24	20.9	16.97	10.1
Earnings From Continuing Operations	176.92	186.17	184.28	183.37	138.94	72.69
Minority Interest in Earnings	-1.52	2.44	1.31	-	-	-
Net Income	175.4	188.61	185.58	183.37	138.94	72.69
Net Income to Common	175.4	188.61	185.58	183.37	138.94	72.69
Net Income Growth	1.25%	1.63%	1.21%	31.98%	91.13%	34.96%
Shares Outstanding (Basic)	170	189	186	182	160	137
Shares Outstanding (Diluted)	173	192	187	182	160	137
Shares Change (YoY)	-8.20%	2.43%	2.78%	13.84%	16.72%	-0.26%
EPS (Basic)	1.03	1.00	1.00	1.01	0.87	0.53
EPS (Diluted)	1.01	0.98	0.99	1.01	0.87	0.53
EPS Growth	10.29%	-0.78%	-1.53%	15.93%	63.75%	35.30%
Free Cash Flow	-202.52	-35.85	-78.03	-178.46	-433.22	23.42
Free Cash Flow Per Share	-1.17	-0.19	-0.42	-0.98	-2.71	0.17
Dividend Per Share	0.169	0.169	0.377	-	0.154	-
Dividend Growth	4.77%	-55.11%	-	-	-	-
Gross Margin	25.99%	25.35%	24.54%	29.23%	29.63%	27.05%
Operating Margin	13.74%	12.33%	10.80%	14.26%	16.98%	14.90%
Profit Margin	10.21%	10.45%	8.82%	12.61%	14.48%	10.84%
Free Cash Flow Margin	-11.79%	-1.99%	-3.71%	-12.27%	-45.14%	3.49%
EBITDA	309.6	289.6	286.51	242.45	184.44	122.65
EBITDA Margin	18.02%	16.04%	13.62%	16.67%	19.22%	18.29%
D&A For EBITDA	73.54	67.02	59.34	35.12	21.45	22.7
EBIT	236.06	222.58	227.16	207.33	162.99	99.95
EBIT Margin	13.74%	12.33%	10.80%	14.26%	16.98%	14.90%
Effective Tax Rate	9.42%	11.91%	14.50%	10.23%	10.89%	12.20%
Revenue as Reported	1,718	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.