Guizhou Zhenhua Fengguang Semiconductor Co., Ltd. (SHA:688439)

SHA:688439 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	969.42	1,061	1,294	777.02	501.31	359.5
Other Revenue	1.82	1.82	2.7	1.85	1.02	1.96
Revenue	971.24	1,063	1,297	778.87	502.33	361.46
Revenue Growth (YoY)	-12.85%	-18.04%	66.54%	55.05%	38.97%	40.59%
Cost of Revenue	383.56	352.1	343.93	179.27	132.87	135.6
Gross Profit	587.68	711.01	953.2	599.6	369.46	225.86
Selling, General & Admin	134.63	133.94	141.46	124.33	88.75	61.15
Research & Development	143.19	140.25	150.9	88.09	46.74	24.74
Other Operating Expenses	4.51	2.36	0.37	2.42	1.58	0.71
Operating Expenses	412.01	361.19	314.71	222.88	137.36	92.93
Operating Income	175.67	349.82	638.49	376.72	232.1	132.93
Interest Expense	-2.61	-1.9	-1.8	-9.4	-4.23	-6.37
Interest & Investment Income	29.23	43.33	57.49	6.65	0.71	1.56
Other Non Operating Income (Expenses)	-0.99	-1.87	-1.27	-1.2	-3.18	-1.81
EBT Excluding Unusual Items	201.3	389.38	692.91	372.77	225.4	126.3
Gain (Loss) on Sale of Investments	1.89	0.03	3.6	-	-	-
Gain (Loss) on Sale of Assets	-	0.01	0.03	-	-1.98	0
Asset Writedown	3.34	-	-	-	-	0.07
Other Unusual Items	0.44	0.63	13.38	8.35	-7.33	-2.64
Pretax Income	206.97	390.05	709.92	381.12	216.09	123.74
Income Tax Expense	15.32	42.88	97.48	42.64	28.43	17.97
Earnings From Continuing Operations	191.65	347.17	612.44	338.48	187.66	105.76
Minority Interest in Earnings	-26.46	-24.63	-1.83	-35.46	-10.73	-0.32
Net Income	165.19	322.54	610.61	303.02	176.92	105.44
Net Income to Common	165.19	322.54	610.61	303.02	176.92	105.44
Net Income Growth	-64.28%	-47.18%	101.51%	71.27%	67.80%	52.26%
Shares Outstanding (Basic)	200	200	200	167	150	53
Shares Outstanding (Diluted)	200	200	200	167	150	53
Shares Change (YoY)	-0.01%	-0.00%	20.00%	11.11%	181.48%	-
EPS (Basic)	0.83	1.61	3.05	1.82	1.18	1.98
EPS (Diluted)	0.83	1.61	3.05	1.82	1.18	1.98
EPS Growth	-64.27%	-47.18%	67.92%	54.14%	-40.39%	-
Free Cash Flow	-151.7	-428.97	-369.15	-371.29	-66	-92.77
Free Cash Flow Per Share	-0.76	-2.15	-1.85	-2.23	-0.44	-1.74
Dividend Per Share	0.163	0.163	0.703	0.379	-	-
Dividend Growth	-76.81%	-76.81%	85.49%	-	-	-
Gross Margin	60.51%	66.88%	73.48%	76.98%	73.55%	62.48%
Operating Margin	18.09%	32.91%	49.22%	48.37%	46.20%	36.78%
Profit Margin	17.01%	30.34%	47.07%	38.91%	35.22%	29.17%
Free Cash Flow Margin	-15.62%	-40.35%	-28.46%	-47.67%	-13.14%	-25.67%
EBITDA	228.96	392.58	667.21	395.68	247.71	143.12
EBITDA Margin	23.57%	36.93%	51.44%	50.80%	49.31%	39.59%
D&A For EBITDA	53.29	42.76	28.73	18.96	15.61	10.19
EBIT	175.67	349.82	638.49	376.72	232.1	132.93
EBIT Margin	18.09%	32.91%	49.22%	48.37%	46.20%	36.78%
Effective Tax Rate	7.40%	10.99%	13.73%	11.19%	13.16%	14.52%
Revenue as Reported	971.24	1,063	1,297	778.87	502.33	-
Advertising Expenses	-	-	-	0.06	0.03	0.05

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.