GCH Technology Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	972.5	880.73	798.88	694.49	574.32	458.92
Other Revenue	1.32	1.32	0.74	0.42	1.89	1.34
Revenue	973.82	882.05	799.63	694.9	576.22	460.26
Revenue Growth (YoY)	12.83%	10.31%	15.07%	20.60%	25.19%	17.37%
Cost of Revenue	545.98	498.17	451.55	403.85	321.47	257.57
Gross Profit	427.83	383.88	348.08	291.06	254.74	202.69
Selling, General & Admin	89.78	90.13	80.12	62.15	51.71	46.42
Research & Development	36.92	35.37	33.8	28.68	23.55	17.85
Other Operating Expenses	8.35	-1.57	1.85	7.68	5.02	3.78
Operating Expenses	140.8	127.62	114.65	100.29	82.11	69.79
Operating Income	287.04	256.26	233.43	190.77	172.64	132.9
Interest Expense	-19.32	-24.17	-25.04	-11.36	-1.29	-2.48
Interest & Investment Income	61.05	61.24	52.4	32.37	5.95	0.26
Currency Exchange Gain (Loss)	-0.74	-0.74	-0.23	-2.97	-1.04	0.2
Other Non Operating Income (Expenses)	-2.92	-3.28	-2.85	-1.33	-0.68	-0.2
EBT Excluding Unusual Items	325.1	289.3	257.71	207.48	175.57	130.69
Gain (Loss) on Sale of Investments	0.21	1.98	0.39	10.96	1.07	-0
Gain (Loss) on Sale of Assets	-0.07	-0.13	-0.35	0	0.11	-0.03
Asset Writedown	0.13	-	-	-	-	-
Other Unusual Items	-0.28	0.34	5.51	9.02	5.04	4.93
Pretax Income	325.08	291.5	263.27	227.46	181.79	135.59
Income Tax Expense	44.95	41.23	37.14	32.26	24.76	19.06
Net Income	280.14	250.27	226.13	195.2	157.03	116.53
Net Income to Common	280.14	250.27	226.13	195.2	157.03	116.53
Net Income Growth	9.25%	10.68%	15.85%	24.31%	34.75%	30.53%
Shares Outstanding (Basic)	229	189	188	187	163	139
Shares Outstanding (Diluted)	229	189	188	187	163	139
Shares Change (YoY)	53.32%	0.51%	0.68%	14.94%	16.78%	-0.40%
EPS (Basic)	1.22	1.32	1.20	1.04	0.96	0.84
EPS (Diluted)	1.22	1.32	1.20	1.04	0.96	0.84
EPS Growth	-28.74%	10.12%	15.06%	8.15%	15.39%	31.46%
Free Cash Flow	53.86	33.96	44.12	220.72	220.59	79.97
Free Cash Flow Per Share	0.23	0.18	0.23	1.18	1.35	0.57
Dividend Per Share	0.409	0.429	0.964	-	0.268	0.214
Dividend Growth	-47.99%	-55.55%	-	-	25.01%	-
Gross Margin	43.93%	43.52%	43.53%	41.88%	44.21%	44.04%
Operating Margin	29.48%	29.05%	29.19%	27.45%	29.96%	28.88%
Profit Margin	28.77%	28.37%	28.28%	28.09%	27.25%	25.32%
Free Cash Flow Margin	5.53%	3.85%	5.52%	31.76%	38.28%	17.37%
EBITDA	308.3	275.64	250.32	200.77	181.96	141.84
EBITDA Margin	31.66%	31.25%	31.30%	28.89%	31.58%	30.82%
D&A For EBITDA	21.26	19.39	16.89	10	9.32	8.94
EBIT	287.04	256.26	233.43	190.77	172.64	132.9
EBIT Margin	29.48%	29.05%	29.19%	27.45%	29.96%	28.88%
Effective Tax Rate	13.83%	14.14%	14.11%	14.19%	13.62%	14.06%
Revenue as Reported	973.82	882.05	799.63	694.9	576.22	460.26
Advertising Expenses	-	0.79	0.66	0.67	0.58	0.31

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