Great Microwave Technology Co., Ltd. (SHA:688270)

SHA:688270 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
Revenue	390.26	303.38	280.8	242.58	190.58	152.12
Revenue Growth (YoY)	35.71%	8.04%	15.75%	27.28%	25.28%	174.34%
Cost of Revenue	101.04	80.71	53.06	29.41	21.99	18.01
Gross Profit	289.22	222.66	227.74	213.17	168.59	134.11
Selling, General & Admin	53.15	55.25	49.87	37.17	24.61	17.56
Research & Development	154.46	155.09	127.06	79.85	40.51	30.3
Other Operating Expenses	2.1	1.03	1.12	1.99	1.9	1.37
Operating Expenses	229.34	230.28	189.62	129.41	69.35	53.56
Operating Income	59.88	-7.61	38.12	83.76	99.25	80.55
Interest Expense	-0.03	-0.04	-0.03	-0.01	-0.03	-
Interest & Investment Income	7.69	20.65	41.41	27.25	0.46	0.28
Other Non Operating Income (Expenses)	0.11	-0.03	-0.18	-0.06	0.01	-0.02
EBT Excluding Unusual Items	67.64	12.97	79.32	110.94	99.68	80.81
Gain (Loss) on Sale of Investments	4.55	-3.42	-13.52	-8.53	-7.56	-7.27
Gain (Loss) on Sale of Assets	-	-0.03	0.05	-	-	-
Asset Writedown	-0.06	-0.05	-0.15	-0.05	-0.01	-
Other Unusual Items	2.4	8.38	6.78	5.36	6.73	3.39
Pretax Income	74.54	17.85	72.48	107.73	98.84	76.94
Net Income	74.54	17.85	72.48	107.73	98.84	76.94
Net Income to Common	74.54	17.85	72.48	107.73	98.84	76.94
Net Income Growth	67.20%	-75.37%	-32.72%	8.98%	28.48%	1738.23%
Shares Outstanding (Basic)	237	223	213	209	160	160
Shares Outstanding (Diluted)	237	223	213	209	160	160
Shares Change (YoY)	17.07%	4.66%	1.77%	30.81%	-0.18%	-
EPS (Basic)	0.31	0.08	0.34	0.51	0.62	0.48
EPS (Diluted)	0.31	0.08	0.34	0.51	0.62	0.48
EPS Growth	42.83%	-76.47%	-33.89%	-16.69%	28.71%	-
Free Cash Flow	-123.91	-189.33	-37.86	-15.74	-4.47	3.18
Free Cash Flow Per Share	-0.52	-0.85	-0.18	-0.07	-0.03	0.02
Dividend Per Share	-	-	0.121	0.153	0.141	-
Dividend Growth	-	-	-20.71%	8.35%	-	-
Gross Margin	74.11%	73.39%	81.10%	87.88%	88.46%	88.16%
Operating Margin	15.34%	-2.51%	13.58%	34.53%	52.08%	52.95%
Profit Margin	19.10%	5.88%	25.81%	44.41%	51.87%	50.57%
Free Cash Flow Margin	-31.75%	-62.41%	-13.48%	-6.49%	-2.34%	2.09%
EBITDA	79.48	8.15	48.68	90.7	104.07	84.15
EBITDA Margin	20.37%	2.69%	17.34%	37.39%	54.61%	55.31%
D&A For EBITDA	19.6	15.77	10.56	6.94	4.82	3.6
EBIT	59.88	-7.61	38.12	83.76	99.25	80.55
EBIT Margin	15.34%	-2.51%	13.58%	34.53%	52.08%	52.95%
Revenue as Reported	390.26	303.38	280.8	242.58	190.58	152.12

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