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	600.32	409.98	320.88	329.39	232.9
Other Revenue	-	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	280.72	192.68	137.77	141.45	116.35
Gross Profit	319.6	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	-21.1	-6.34	-14.11	-1.12	-1.37
Operating Expenses	151.6	121.19	83.91	63.48	45.81
Operating Income	168.01	97.5	101.29	125.47	71.78
Interest Expense	-	-	-	-	-0.58
Interest & Investment Income	45.48	59.43	32.93	8.04	5.2
Currency Exchange Gain (Loss)	-	-0.35	2.37	-0.88	0.37
Other Non Operating Income (Expenses)	4.2	-0.61	-0.14	0.05	-0.08
EBT Excluding Unusual Items	217.69	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	0.06	0.01	-
Asset Writedown	-3.58	-	-	-	-0.87
Other Unusual Items	-	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	-	0.610	0.480	0.440	-
Dividend Growth	-	27.08%	9.09%	-	-
Gross Margin	53.24%	53.16%	57.34%	57.19%	50.27%
Operating Margin	27.99%	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	175.73	99.94	103.71	126.98	72.55
EBITDA Margin	29.27%	24.30%	32.11%	38.43%	31.01%
D&A For EBITDA	7.73	2.45	2.42	1.51	0.76
EBIT	168.01	97.5	101.29	125.47	71.78
EBIT Margin	27.99%	23.70%	31.36%	37.98%	30.68%
Effective Tax Rate	-	-	0.80%	0.51%	0.25%
Revenue as Reported	-	411.36	322.97	330.4	-
Advertising Expenses	-	0.26	0.29	0.61	-

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