Farsoon Technologies Co., Ltd. (SHA:688433)

Farsoon Technologies 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	492.05	490.41	604.62	454.18	332.21	217.12
Other Revenue	1.56	1.56	1.42	2.39	1.85	0.16
Revenue	493.61	491.97	606.04	456.57	334.06	217.27
Revenue Growth (YoY)	-21.61%	-18.82%	32.74%	36.68%	53.75%	40.13%
Cost of Revenue	277.16	261.34	299.44	213.61	145.32	92.57
Gross Profit	216.45	230.62	306.6	242.96	188.74	124.7
Selling, General & Admin	106.69	104.4	105.57	88.45	71.12	54.52
Research & Development	94.85	86.8	79.67	54.89	39.03	31.41
Other Operating Expenses	-2.8	-6.56	-1.32	-14.36	-51.63	-8.76
Operating Expenses	207.58	193.03	193.81	141.05	63.18	83.22
Operating Income	8.87	37.6	112.79	101.91	125.56	41.48
Interest Expense	-0.81	-0.85	-0.57	-0.32	-0.22	-
Interest & Investment Income	14.17	14.88	14.25	3.36	5.19	7.24
Currency Exchange Gain (Loss)	2.93	2.93	4.63	6.33	-2.77	-2.98
Other Non Operating Income (Expenses)	0.35	0.26	-1	0.17	-0.12	-0.01
EBT Excluding Unusual Items	25.51	54.82	130.1	111.44	127.63	45.74
Gain (Loss) on Sale of Investments	-2.47	-2.72	-	-0.27	-0.35	0.28
Gain (Loss) on Sale of Assets	-0.33	-0.33	1.04	0.39	0.39	0.01
Asset Writedown	-0.01	-0.04	-0.04	-0.01	-0	-0.01
Other Unusual Items	14.42	14.67	12.41	0.01	0.27	-
Pretax Income	37.12	66.39	143.51	111.55	127.94	46.09
Income Tax Expense	-5.22	-0.82	12.35	12.39	10.54	5.13
Net Income	42.34	67.21	131.16	99.17	117.4	40.96
Net Income to Common	42.34	67.21	131.16	99.17	117.4	40.96
Net Income Growth	-69.09%	-48.76%	32.26%	-15.53%	186.60%	128.19%
Shares Outstanding (Basic)	420	420	397	367	356	-
Shares Outstanding (Diluted)	420	420	397	367	356	-
Shares Change (YoY)	3.07%	5.68%	8.22%	3.24%	-	-
EPS (Basic)	0.10	0.16	0.33	0.27	0.33	-
EPS (Diluted)	0.10	0.16	0.33	0.27	0.33	-
EPS Growth	-70.01%	-51.52%	22.22%	-18.18%	-	-
Free Cash Flow	-221.27	-212.43	-167.11	-9.37	-104.92	50.95
Free Cash Flow Per Share	-0.53	-0.51	-0.42	-0.03	-0.29	-
Dividend Per Share	0.049	0.049	0.096	-	-	-
Dividend Growth	-49.06%	-49.06%	-	-	-	-
Gross Margin	43.85%	46.88%	50.59%	53.22%	56.50%	57.39%
Operating Margin	1.80%	7.64%	18.61%	22.32%	37.59%	19.09%
Profit Margin	8.58%	13.66%	21.64%	21.72%	35.14%	18.85%
Free Cash Flow Margin	-44.83%	-43.18%	-27.57%	-2.05%	-31.41%	23.45%
EBITDA	22.76	51.72	127.87	110.66	132.99	49.44
EBITDA Margin	4.61%	10.51%	21.10%	24.24%	39.81%	22.76%
D&A For EBITDA	13.89	14.13	15.08	8.75	7.44	7.96
EBIT	8.87	37.6	112.79	101.91	125.56	41.48
EBIT Margin	1.80%	7.64%	18.61%	22.32%	37.59%	19.09%
Effective Tax Rate	-	-	8.60%	11.11%	8.24%	11.12%
Revenue as Reported	493.61	491.97	606.04	456.57	334.06	-
Advertising Expenses	-	10.5	9.91	4.79	3.32	2.05

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.