GoodWe Technologies Co., Ltd. (SHA:688390)
China · Delayed Price · Currency is CNY 58.87
-0.92 (-1.54%)
Sep 23, 2026, 3:00 PM CST
GoodWe Technologies Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 10,982 | 8,806 | 6,687 | 7,297 | 4,690 | 2,661 |
Other Revenue | 71.32 | 83 | 51.2 | 55.66 | 20.4 | 16.75 |
| 11,053 | 8,889 | 6,738 | 7,353 | 4,710 | 2,678 | |
Revenue Growth | 43.99% | 31.93% | -8.36% | 56.10% | 75.88% | 68.53% |
Cost of Revenue | 8,405 | 7,050 | 5,429 | 5,194 | 3,210 | 1,849 |
Gross Profit | 2,648 | 1,839 | 1,309 | 2,159 | 1,500 | 829.38 |
Selling, General & Admin | 1,245 | 1,072 | 865.67 | 787.76 | 543.32 | 321.32 |
Research & Development | 655.95 | 609.6 | 545.27 | 463.41 | 340.34 | 183.86 |
Other Operating Expenses | 75.03 | 54.86 | 41.85 | 51.06 | 12.75 | 8.28 |
Operating Expenses | 2,110 | 1,823 | 1,476 | 1,309 | 914.54 | 516.13 |
Operating Income | 538.02 | 16.42 | -167.23 | 849.84 | 585.87 | 313.25 |
Interest Expense | -35.18 | -41.16 | -41.62 | -15.41 | -5.76 | -0.62 |
Interest & Investment Income | 34.04 | 53.32 | 77.99 | 27.04 | 21.76 | 18.79 |
Currency Exchange Gain (Loss) | -210.03 | 16.1 | 8.52 | 119.09 | 95.11 | -49.75 |
Other Non Operating Income (Expenses) | -17.53 | -19.82 | -15.21 | -22.74 | -12.16 | -7.69 |
EBT Excluding Unusual Items | 309.31 | 24.86 | -137.55 | 957.83 | 684.83 | 273.98 |
Impairment of Goodwill | - | - | - | - | -8.73 | - |
Gain (Loss) on Sale of Investments | 17.71 | 11.56 | 13.92 | -9.55 | -4.39 | -1.83 |
Gain (Loss) on Sale of Assets | 11.02 | 1.26 | -3.16 | -0.02 | 0.1 | -0.17 |
Asset Writedown | -1.72 | -1.06 | -14.02 | -1.07 | -0.56 | - |
Other Unusual Items | 77.6 | 68.06 | 74.05 | 56.59 | 18.84 | 24.15 |
Pretax Income | 413.93 | 104.68 | -66.76 | 1,004 | 690.08 | 296.13 |
Income Tax Expense | -14.3 | -57.76 | -63.23 | 137.54 | 53.83 | 17.66 |
Earnings From Continuing Operations | 428.23 | 162.44 | -3.53 | 866.22 | 636.25 | 278.47 |
Minority Interest in Earnings | 9.76 | -27.53 | -58.28 | -14.13 | 13.04 | 1.06 |
Net Income | 437.98 | 134.91 | -61.81 | 852.1 | 649.29 | 279.54 |
Net Income to Common | 437.98 | 134.91 | -61.81 | 852.1 | 649.29 | 279.54 |
Net Income Growth | - | - | - | 31.24% | 132.27% | 7.40% |
Shares Outstanding (Basic) | 243 | 241 | 238 | 241 | 242 | 241 |
Shares Outstanding (Diluted) | 243 | 241 | 238 | 243 | 243 | 241 |
Shares Change | 2.36% | 1.34% | -2.35% | 0.17% | 0.70% | 23.00% |
EPS (Basic) | 1.80 | 0.56 | -0.26 | 3.53 | 2.69 | 1.16 |
EPS (Diluted) | 1.80 | 0.56 | -0.26 | 3.50 | 2.67 | 1.16 |
EPS Growth | - | - | - | 31.02% | 130.65% | -12.69% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 646.38 | 518.39 | -1,288 | 468.78 | 388.48 | -22.6 |
Free Cash Flow Per Share | 2.66 | 2.15 | -5.42 | 1.93 | 1.60 | -0.09 |
Dividend Per Share | - | - | - | 0.536 | 0.816 | 0.437 |
Dividend Growth | - | - | - | -34.38% | 86.69% | 0% |
Gross Margin | 23.95% | 20.69% | 19.43% | 29.36% | 31.85% | 30.97% |
Operating Margin | 4.87% | 0.18% | -2.48% | 11.56% | 12.44% | 11.70% |
Profit Margin | 3.96% | 1.52% | -0.92% | 11.59% | 13.79% | 10.44% |
Free Cash Flow Margin | 5.85% | 5.83% | -19.12% | 6.38% | 8.25% | -0.84% |
EBITDA | 706.96 | 174.83 | -27.29 | 947.1 | 659.89 | 355.79 |
EBITDA Margin | 6.40% | 1.97% | -0.40% | 12.88% | 14.01% | 13.29% |
D&A For EBITDA | 168.94 | 158.41 | 139.94 | 97.26 | 74.02 | 42.54 |
EBIT | 538.02 | 16.42 | -167.23 | 849.84 | 585.87 | 313.25 |
EBIT Margin | 4.87% | 0.18% | -2.48% | 11.56% | 12.44% | 11.70% |
Effective Tax Rate | - | - | - | 13.70% | 7.80% | 5.96% |
Revenue as Reported | 11,053 | 8,889 | 6,738 | 7,353 | 4,710 | 2,678 |
Advertising Expenses | - | 110.12 | 80.8 | - | 57.61 | - |