Guangdong Naruida Technology Co., Ltd. (SHA:688522)

SHA:688522 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	462.87	345.05	212.44	209.87	183	131.29
Other Revenue	0.22	0.22	0.05	0.14	0.04	-
Revenue	463.09	345.28	212.49	210.01	183.03	131.29
Revenue Growth (YoY)	96.90%	62.49%	1.18%	14.74%	39.41%	25.09%
Cost of Revenue	168.14	124.67	51.2	40.28	36.09	26.68
Gross Profit	294.95	220.61	161.29	169.73	146.94	104.61
Selling, General & Admin	75.07	60.07	56.3	30.85	21.43	16.14
Research & Development	94.42	78.48	57.18	42.28	31.8	22.35
Other Operating Expenses	-10.35	-12.21	-7.49	-4.81	-3.67	-13.56
Operating Expenses	198.48	164.65	133.4	79.89	56.55	30.95
Operating Income	96.47	55.96	27.89	89.84	90.39	73.66
Interest Expense	-	-0.99	-2.17	-0.98	-0.31	-0.23
Interest & Investment Income	35.7	35.39	38.52	4.41	3.64	2.5
Currency Exchange Gain (Loss)	0.04	0.04	-0.02	0.06	-0.01	0.18
Other Non Operating Income (Expenses)	6.5	-0.2	-0.07	-0.01	-0.07	-0.02
EBT Excluding Unusual Items	138.71	90.2	64.15	93.32	93.63	76.09
Gain (Loss) on Sale of Investments	3.16	0.6	-	-	-	-
Gain (Loss) on Sale of Assets	-0.05	-0.05	0.02	-	-0	-
Asset Writedown	-6.62	-8.55	-	-	-	-
Other Unusual Items	-4.04	-3.87	1.37	23.9	15.24	0
Pretax Income	131.15	78.33	65.54	117.22	108.87	76.1
Income Tax Expense	7.39	1.72	2.24	11.26	12.26	9.51
Net Income	123.76	76.61	63.3	105.95	96.62	66.59
Net Income to Common	123.76	76.61	63.3	105.95	96.62	66.59
Net Income Growth	120.71%	21.03%	-40.26%	9.66%	45.09%	-6.17%
Shares Outstanding (Basic)	318	306	295	228	228	227
Shares Outstanding (Diluted)	318	306	295	228	228	227
Shares Change (YoY)	13.94%	3.74%	29.44%	0.03%	0.34%	-
EPS (Basic)	0.39	0.25	0.21	0.46	0.42	0.29
EPS (Diluted)	0.39	0.25	0.21	0.46	0.42	0.29
EPS Growth	93.70%	16.66%	-53.84%	9.63%	45.63%	-
Free Cash Flow	118.8	34.68	-60.06	10.47	24.16	-108.68
Free Cash Flow Per Share	0.37	0.11	-0.20	0.05	0.11	-0.48
Dividend Per Share	0.121	0.071	0.076	0.255	-	-
Dividend Growth	58.69%	-6.67%	-70.01%	-	-	-
Gross Margin	63.69%	63.89%	75.90%	80.82%	80.28%	79.68%
Operating Margin	20.83%	16.21%	13.13%	42.78%	49.39%	56.11%
Profit Margin	26.72%	22.19%	29.79%	50.45%	52.79%	50.72%
Free Cash Flow Margin	25.65%	10.04%	-28.27%	4.98%	13.20%	-82.78%
EBITDA	123.44	79.33	46.46	105.48	101.13	80.36
EBITDA Margin	26.66%	22.98%	21.87%	50.22%	55.25%	61.21%
D&A For EBITDA	26.97	23.37	18.57	15.64	10.73	6.7
EBIT	96.47	55.96	27.89	89.84	90.39	73.66
EBIT Margin	20.83%	16.21%	13.13%	42.78%	49.39%	56.11%
Effective Tax Rate	5.64%	2.19%	3.42%	9.61%	11.26%	12.49%
Revenue as Reported	463.09	345.28	212.49	210.01	183.03	-
Advertising Expenses	-	4.64	6.97	2.35	1.93	0.21

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