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

SHA:688308 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	1,127	1,024	1,048	987.47	700.25
Other Revenue	-	2.46	7.61	2.91	1.96
Revenue	1,127	1,026	1,055	990.39	702.21
Revenue Growth (YoY)	9.81%	-2.73%	6.56%	41.04%	16.46%
Cost of Revenue	1,068	732.08	671.85	656.45	487.41
Gross Profit	59.64	294.38	383.47	333.93	214.79
Selling, General & Admin	-	79.92	70.28	54.85	50.61
Research & Development	-	63.83	52.97	48.98	33.12
Other Operating Expenses	-	5.52	5.9	5.15	4.77
Operating Expenses	-	156.03	136.76	109.73	90.31
Operating Income	59.64	138.36	246.71	224.21	124.48
Interest Expense	-	-9.02	-2.44	-1.67	-5.19
Interest & Investment Income	-	14.68	5.4	3.6	1.35
Currency Exchange Gain (Loss)	-	2.01	1.77	-0.96	-1.5
Other Non Operating Income (Expenses)	-0.18	-0.32	-0.37	-0.17	-0.3
EBT Excluding Unusual Items	59.46	145.69	251.07	225.01	118.84
Gain (Loss) on Sale of Investments	-	8.86	1.68	6.38	-
Gain (Loss) on Sale of Assets	-	0.24	-0.78	-1.18	-0.1
Other Unusual Items	-	23.42	17.91	24.8	4.67
Pretax Income	59.46	178.21	269.89	255.01	123.4
Income Tax Expense	1.37	12.21	27.81	32.79	15.96
Net Income	58.09	166	242.08	222.22	107.45
Net Income to Common	58.09	166	242.08	222.22	107.45
Net Income Growth	-65.01%	-31.43%	8.94%	106.82%	21.50%
Shares Outstanding (Basic)	157	158	142	140	105
Shares Outstanding (Diluted)	157	158	142	140	105
Shares Change (YoY)	-0.70%	11.68%	1.02%	33.22%	0.26%
EPS (Basic)	0.37	1.05	1.71	1.59	1.02
EPS (Diluted)	0.37	1.05	1.71	1.59	1.02
EPS Growth	-64.76%	-38.60%	7.84%	55.25%	21.18%
Free Cash Flow	-	-450.99	-299.81	-188.28	47.04
Free Cash Flow Per Share	-	-2.85	-2.12	-1.34	0.45
Dividend Per Share	-	0.350	0.700	0.700	0.330
Dividend Growth	-	-50.00%	-	112.12%	-
Gross Margin	5.29%	28.68%	36.34%	33.72%	30.59%
Operating Margin	5.29%	13.48%	23.38%	22.64%	17.73%
Profit Margin	5.15%	16.17%	22.94%	22.44%	15.30%
Free Cash Flow Margin	-	-43.94%	-28.41%	-19.01%	6.70%
EBITDA	150.02	228.74	322.72	280.16	174.8
EBITDA Margin	13.31%	22.28%	30.58%	28.29%	24.89%
D&A For EBITDA	90.39	90.39	76	55.96	50.32
EBIT	59.64	138.36	246.71	224.21	124.48
EBIT Margin	5.29%	13.48%	23.38%	22.64%	17.73%
Effective Tax Rate	2.31%	6.85%	10.30%	12.86%	12.93%
Revenue as Reported	-	1,026	1,055	990.39	702.21
Advertising Expenses	-	7.58	2.73	3.76	5.38

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