OKE Precision Cutting Tools Co., Ltd. (SHA:688308)

SHA:688308 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
Operating Revenue	1,137	1,113	1,024	1,048	987.47	700.25
Other Revenue	13.93	13.93	2.46	7.61	2.91	1.96
Revenue	1,151	1,127	1,026	1,055	990.39	702.21
Revenue Growth (YoY)	7.30%	9.81%	-2.73%	6.56%	41.04%	16.46%
Cost of Revenue	974.42	889.68	732.08	671.85	656.45	487.41
Gross Profit	176.93	237.51	294.38	383.47	333.93	214.79
Selling, General & Admin	118	103.4	79.92	70.28	54.85	50.61
Research & Development	84.58	85.86	63.83	52.97	48.98	33.12
Other Operating Expenses	27.75	8.01	5.52	5.9	5.15	4.77
Operating Expenses	230.88	202.12	156.03	136.76	109.73	90.31
Operating Income	-53.94	35.39	138.36	246.71	224.21	124.48
Interest Expense	-15.97	-17.6	-9.02	-2.44	-1.67	-5.19
Interest & Investment Income	3.44	6.35	14.68	5.4	3.6	1.35
Currency Exchange Gain (Loss)	1.78	0.67	2.01	1.77	-0.96	-1.5
Other Non Operating Income (Expenses)	-1.05	-0.48	-0.32	-0.37	-0.17	-0.3
EBT Excluding Unusual Items	-65.74	24.32	145.69	251.07	225.01	118.84
Gain (Loss) on Sale of Investments	8.23	12.71	8.86	1.68	6.38	-
Gain (Loss) on Sale of Assets	-1.62	-1.37	0.24	-0.78	-1.18	-0.1
Other Unusual Items	42.06	22.85	23.42	17.91	24.8	4.67
Pretax Income	-17.07	58.51	178.21	269.89	255.01	123.4
Income Tax Expense	-10.84	3.57	12.21	27.81	32.79	15.96
Earnings From Continuing Operations	-6.23	54.94	166	242.08	222.22	107.45
Minority Interest in Earnings	4.21	2.36	-	-	-	-
Net Income	-2.02	57.3	166	242.08	222.22	107.45
Net Income to Common	-2.02	57.3	166	242.08	222.22	107.45
Net Income Growth	-	-65.48%	-31.43%	8.94%	106.82%	21.50%
Shares Outstanding (Basic)	158	159	158	142	140	105
Shares Outstanding (Diluted)	158	159	158	142	140	105
Shares Change (YoY)	-0.67%	0.68%	11.68%	1.02%	33.22%	0.26%
EPS (Basic)	-0.01	0.36	1.05	1.71	1.59	1.02
EPS (Diluted)	-0.01	0.36	1.05	1.71	1.59	1.02
EPS Growth	-	-65.71%	-38.60%	7.84%	55.25%	21.18%
Free Cash Flow	-332.13	-349.65	-450.99	-299.81	-188.28	47.04
Free Cash Flow Per Share	-2.11	-2.20	-2.85	-2.12	-1.34	0.45
Dividend Per Share	0.150	0.150	0.350	0.700	0.700	0.330
Dividend Growth	-57.14%	-57.14%	-50.00%	-	112.12%	-
Gross Margin	15.37%	21.07%	28.68%	36.34%	33.72%	30.59%
Operating Margin	-4.69%	3.14%	13.48%	23.38%	22.64%	17.73%
Profit Margin	-0.18%	5.08%	16.17%	22.94%	22.44%	15.30%
Free Cash Flow Margin	-28.85%	-31.02%	-43.94%	-28.41%	-19.01%	6.70%
EBITDA	84.03	145.41	228.74	322.72	280.16	174.8
EBITDA Margin	7.30%	12.90%	22.28%	30.58%	28.29%	24.89%
D&A For EBITDA	137.97	110.02	90.39	76	55.96	50.32
EBIT	-53.94	35.39	138.36	246.71	224.21	124.48
EBIT Margin	-4.69%	3.14%	13.48%	23.38%	22.64%	17.73%
Effective Tax Rate	-	6.10%	6.85%	10.30%	12.86%	12.93%
Revenue as Reported	1,151	1,127	1,026	1,055	990.39	702.21
Advertising Expenses	-	8.56	7.58	2.73	3.76	5.38

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