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

SHA:688239 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,687	2,010	1,421	943.15	654.95
Other Revenue	118.24	93.51	32.72	16.63	15.72
Revenue	1,805	2,104	1,454	959.78	670.67
Revenue Growth (YoY)	-14.19%	44.69%	51.49%	43.11%	13.91%
Cost of Revenue	1,348	1,588	1,029	675.38	489.28
Gross Profit	457.72	516.31	424.96	284.4	181.39
Selling, General & Admin	120.39	178.27	126.93	74.94	49.06
Research & Development	76.95	82.09	68.63	48.64	27.02
Other Operating Expenses	12.03	14.76	7.26	-5.67	2.71
Operating Expenses	235.14	289.15	217.63	121.41	81.44
Operating Income	222.58	227.16	207.33	162.99	99.95
Interest Expense	-32.96	-28.79	-22.88	-13.16	-17.9
Interest & Investment Income	8.68	2.93	1.42	0.76	0.13
Currency Exchange Gain (Loss)	5.37	0.82	1.57	-1.95	3
Other Non Operating Income (Expenses)	-0.64	-1.91	-0.9	-1.01	0.4
EBT Excluding Unusual Items	203.03	200.22	186.53	147.63	85.59
Gain (Loss) on Sale of Investments	-2.38	-10.6	-4.95	-5.82	-5.62
Gain (Loss) on Sale of Assets	-0.64	0.33	-0.13	-0.54	-0.94
Asset Writedown	-	-	-0.19	-5.11	-
Other Unusual Items	11.33	25.57	23	19.75	3.77
Pretax Income	211.34	215.52	204.27	155.91	82.8
Income Tax Expense	25.16	31.24	20.9	16.97	10.1
Earnings From Continuing Operations	186.17	184.28	183.37	138.94	72.69
Minority Interest in Earnings	2.44	1.31	-	-	-
Net Income	188.61	185.58	183.37	138.94	72.69
Net Income to Common	188.61	185.58	183.37	138.94	72.69
Net Income Growth	1.63%	1.21%	31.98%	91.13%	34.96%
Shares Outstanding (Basic)	145	143	140	123	105
Shares Outstanding (Diluted)	147	144	140	123	105
Shares Change (YoY)	2.43%	2.78%	13.84%	16.71%	-0.25%
EPS (Basic)	1.30	1.30	1.31	1.13	0.69
EPS (Diluted)	1.28	1.29	1.31	1.13	0.69
EPS Growth	-0.78%	-1.53%	15.93%	63.77%	35.29%
Free Cash Flow	-35.85	-78.03	-178.46	-433.22	23.42
Free Cash Flow Per Share	-0.24	-0.54	-1.27	-3.52	0.22
Dividend Per Share	0.220	0.490	-	0.200	-
Dividend Growth	-55.10%	-	-	-	-
Gross Margin	25.35%	24.54%	29.23%	29.63%	27.05%
Operating Margin	12.33%	10.80%	14.26%	16.98%	14.90%
Profit Margin	10.45%	8.82%	12.61%	14.48%	10.84%
Free Cash Flow Margin	-1.99%	-3.71%	-12.27%	-45.14%	3.49%
EBITDA	289.6	286.51	242.45	184.44	122.65
EBITDA Margin	16.04%	13.62%	16.67%	19.22%	18.29%
D&A For EBITDA	67.02	59.34	35.12	21.45	22.7
EBIT	222.58	227.16	207.33	162.99	99.95
EBIT Margin	12.33%	10.80%	14.26%	16.98%	14.90%
Effective Tax Rate	11.91%	14.50%	10.23%	10.89%	12.20%
Revenue as Reported	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.