Fortior Technology (Shenzhen) Co., Ltd. (SHA:688279)

SHA:688279 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	Jan 1, 2021
Operating Revenue	692.16	599.29	409.98	320.88	329.39	232.9
Other Revenue	0.88	1.03	1.38	2.09	1.01	1.05
Revenue	693.04	600.32	411.36	322.97	330.4	233.95
Revenue Growth (YoY)	34.63%	45.94%	27.37%	-2.25%	41.23%	63.73%
Cost of Revenue	330.82	284.3	192.68	137.77	141.45	117.22
Gross Profit	362.22	316.02	218.68	185.2	188.95	116.73
Selling, General & Admin	72.66	55.97	42.72	34.22	23.54	19.18
Research & Development	147.25	116.73	84.67	63.84	41.01	27.99
Other Operating Expenses	-12.55	-12.54	-6.34	-14.11	-1.12	-1.32
Operating Expenses	207.48	160.16	121.19	83.91	63.48	45.86
Operating Income	154.74	155.86	97.5	101.29	125.47	70.87
Interest Expense	-	-	-	-	-	-0.53
Interest & Investment Income	47.18	50.52	59.43	32.93	8.04	5.2
Currency Exchange Gain (Loss)	-1.67	-0.78	-0.35	2.37	-0.88	0.37
Other Non Operating Income (Expenses)	-1.04	-0.62	-0.61	-0.14	0.05	-0.08
EBT Excluding Unusual Items	199.21	204.98	155.97	136.44	132.68	75.83
Gain (Loss) on Sale of Investments	9.25	6.86	-1.36	6.42	-	-
Gain (Loss) on Sale of Assets	0.07	0.07	0.01	0.06	0.01	-
Asset Writedown	-0	-0	-0	-	-	-0.01
Other Unusual Items	10.22	9.13	15.76	0.22	3.27	2.72
Pretax Income	218.74	221.04	170.38	143.14	135.96	78.55
Income Tax Expense	1.88	-1.33	-4.47	1.14	0.69	0.2
Net Income	216.85	222.36	174.85	142	135.27	78.35
Net Income to Common	216.85	222.36	174.85	142	135.27	78.35
Net Income Growth	1.49%	27.18%	23.13%	4.98%	72.64%	123.53%
Shares Outstanding (Basic)	92	92	93	85	69	69
Shares Outstanding (Diluted)	93	93	93	85	69	69
Shares Change (YoY)	0.56%	0.15%	9.45%	21.85%	0.93%	-
EPS (Basic)	2.35	2.41	1.89	1.68	1.95	1.14
EPS (Diluted)	2.33	2.40	1.89	1.68	1.95	1.14
EPS Growth	0.92%	26.98%	12.50%	-13.85%	71.05%	-
Free Cash Flow	125.19	31.55	86.01	18.75	128.93	85.21
Free Cash Flow Per Share	1.35	0.34	0.93	0.22	1.86	1.24
Dividend Per Share	0.780	0.780	0.610	0.480	0.440	-
Dividend Growth	27.87%	27.87%	27.08%	9.09%	-	-
Gross Margin	52.26%	52.64%	53.16%	57.34%	57.19%	49.90%
Operating Margin	22.33%	25.96%	23.70%	31.36%	37.98%	30.29%
Profit Margin	31.29%	37.04%	42.50%	43.97%	40.94%	33.49%
Free Cash Flow Margin	18.06%	5.25%	20.91%	5.81%	39.02%	36.42%
EBITDA	160.82	160.29	102.27	103.71	126.98	71.55
EBITDA Margin	23.21%	26.70%	24.86%	32.11%	38.43%	30.58%
D&A For EBITDA	6.08	4.43	4.77	2.42	1.51	0.68
EBIT	154.74	155.86	97.5	101.29	125.47	70.87
EBIT Margin	22.33%	25.96%	23.70%	31.36%	37.98%	30.29%
Effective Tax Rate	0.86%	-	-	0.80%	0.51%	0.25%
Revenue as Reported	693.04	600.32	411.36	322.97	330.4	-
Advertising Expenses	-	0.14	0.26	0.29	0.61	-

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