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

SHA:688279 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	599.29	409.98	320.88	329.39	232.9
Other Revenue	1.03	1.38	2.09	1.01	1.06
Revenue	600.32	411.36	322.97	330.4	233.95
Revenue Growth (YoY)	45.94%	27.37%	-2.25%	41.23%	63.73%
Cost of Revenue	284.3	192.68	137.77	141.45	116.35
Gross Profit	316.02	218.68	185.2	188.95	117.6
Selling, General & Admin	55.97	42.72	34.22	23.54	17.43
Research & Development	116.73	84.67	63.84	41.01	29.74
Other Operating Expenses	-12.54	-6.34	-14.11	-1.12	-1.37
Operating Expenses	160.16	121.19	83.91	63.48	45.81
Operating Income	155.86	97.5	101.29	125.47	71.78
Interest Expense	-	-	-	-	-0.58
Interest & Investment Income	50.52	59.43	32.93	8.04	5.2
Currency Exchange Gain (Loss)	-0.78	-0.35	2.37	-0.88	0.37
Other Non Operating Income (Expenses)	-0.62	-0.61	-0.14	0.05	-0.08
EBT Excluding Unusual Items	204.98	155.97	136.44	132.68	76.7
Gain (Loss) on Sale of Investments	6.86	-1.36	6.42	-	-
Gain (Loss) on Sale of Assets	0.07	0.01	0.06	0.01	-
Asset Writedown	-0	-0	-	-	-0.87
Other Unusual Items	9.13	15.76	0.22	3.27	2.71
Pretax Income	221.04	170.38	143.14	135.96	78.55
Income Tax Expense	-1.33	-4.47	1.14	0.69	0.2
Net Income	222.36	174.85	142	135.27	78.35
Net Income to Common	222.36	174.85	142	135.27	78.35
Net Income Growth	27.18%	23.13%	4.98%	72.64%	123.53%
Shares Outstanding (Basic)	92	93	85	69	69
Shares Outstanding (Diluted)	93	93	85	69	69
Shares Change (YoY)	0.15%	9.45%	21.85%	0.93%	-
EPS (Basic)	2.41	1.89	1.68	1.95	1.14
EPS (Diluted)	2.40	1.89	1.68	1.95	1.14
EPS Growth	26.98%	12.50%	-13.85%	71.05%	-
Free Cash Flow	31.55	86.01	18.75	128.93	85.21
Free Cash Flow Per Share	0.34	0.93	0.22	1.86	1.24
Dividend Per Share	0.780	0.610	0.480	0.440	-
Dividend Growth	27.87%	27.08%	9.09%	-	-
Gross Margin	52.64%	53.16%	57.34%	57.19%	50.27%
Operating Margin	25.96%	23.70%	31.36%	37.98%	30.68%
Profit Margin	37.04%	42.50%	43.97%	40.94%	33.49%
Free Cash Flow Margin	5.25%	20.91%	5.81%	39.02%	36.42%
EBITDA	160.29	102.27	103.71	126.98	72.55
EBITDA Margin	26.70%	24.86%	32.11%	38.43%	31.01%
D&A For EBITDA	4.43	4.77	2.42	1.51	0.76
EBIT	155.86	97.5	101.29	125.47	71.78
EBIT Margin	25.96%	23.70%	31.36%	37.98%	30.68%
Effective Tax Rate	-	-	0.80%	0.51%	0.25%
Revenue as Reported	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.