Yuneng Technology Co., Ltd. (SHA:688348)

Yuneng Technology 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	1,516	1,754	1,397	1,329	659.04	487.75
Other Revenue	7.59	17.42	23.38	9.18	5.92	1.75
Revenue	1,523	1,771	1,420	1,338	664.96	489.5
Revenue Growth (YoY)	-8.29%	24.70%	6.11%	101.27%	35.85%	27.29%
Cost of Revenue	1,214	1,310	1,048	820.12	417.27	302.61
Gross Profit	309.03	461.32	372.33	518.27	247.69	186.89
Selling, General & Admin	173.12	180.8	176.22	128.68	86.64	68.78
Research & Development	96.1	94.06	104.71	54.89	31.17	25.43
Other Operating Expenses	4.98	3.13	2.14	-0.32	-6.66	-5.54
Operating Expenses	275.87	281.98	297.81	194.24	115.87	90.22
Operating Income	33.16	179.34	74.53	324.02	131.82	96.67
Interest Expense	-11.65	-17.44	-24.08	-2.33	-1.94	-2.46
Interest & Investment Income	24.6	33.54	54.81	37.36	0.48	2.28
Currency Exchange Gain (Loss)	76.48	-28.47	81.4	50.2	-13.87	-6.14
Other Non Operating Income (Expenses)	-1.06	-3.68	-0.8	-0.66	-0.3	-0.46
EBT Excluding Unusual Items	121.53	163.29	185.86	408.59	116.2	89.9
Gain (Loss) on Sale of Investments	16.22	17.28	31.04	5.11	0.19	0.2
Gain (Loss) on Sale of Assets	-0.23	-0.21	-0.18	0.02	-0	0.02
Asset Writedown	-	-	-	-0.05	-	-0.01
Other Unusual Items	10.44	-7.45	7.24	9.02	-	-
Pretax Income	147.95	172.91	223.96	422.7	116.39	90.11
Income Tax Expense	18.67	27.85	8.43	62.5	13.29	14.45
Earnings From Continuing Operations	129.28	145.06	215.53	360.2	103.09	75.66
Minority Interest in Earnings	2.09	-5.02	4.69	0.34	-0.17	1.16
Net Income	131.37	140.04	220.22	360.53	102.92	76.81
Net Income to Common	131.37	140.04	220.22	360.53	102.92	76.81
Net Income Growth	-24.43%	-36.41%	-38.92%	250.30%	33.99%	256.22%
Shares Outstanding (Basic)	155	156	156	137	117	118
Shares Outstanding (Diluted)	155	156	157	138	117	118
Shares Change (YoY)	-1.84%	-1.08%	14.37%	17.27%	-0.27%	-
EPS (Basic)	0.85	0.90	1.41	2.63	0.88	0.65
EPS (Diluted)	0.85	0.90	1.40	2.62	0.88	0.65
EPS Growth	-23.02%	-35.71%	-46.59%	198.70%	34.38%	-
Free Cash Flow	195.88	500.11	-936.93	-362.73	47.78	24.28
Free Cash Flow Per Share	1.26	3.21	-5.96	-2.64	0.41	0.21
Dividend Per Share	0.400	0.400	0.714	1.122	-	-
Dividend Growth	-44.00%	-44.00%	-36.36%	-	-	-
Gross Margin	20.29%	26.05%	26.22%	38.72%	37.25%	38.18%
Operating Margin	2.18%	10.13%	5.25%	24.21%	19.82%	19.75%
Profit Margin	8.62%	7.91%	15.51%	26.94%	15.48%	15.69%
Free Cash Flow Margin	12.86%	28.24%	-65.97%	-27.10%	7.18%	4.96%
EBITDA	52.01	195.29	85.85	329.34	135.4	100.24
EBITDA Margin	3.41%	11.03%	6.04%	24.61%	20.36%	20.48%
D&A For EBITDA	18.85	15.95	11.33	5.32	3.57	3.57
EBIT	33.16	179.34	74.53	324.02	131.82	96.67
EBIT Margin	2.18%	10.13%	5.25%	24.21%	19.82%	19.75%
Effective Tax Rate	12.62%	16.11%	3.77%	14.79%	11.42%	16.04%
Revenue as Reported	1,523	1,771	1,420	1,338	-	-
Advertising Expenses	-	27.79	20.98	10.69	6.88	3.79

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