GCH Technology Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	987.73	880.73	798.88	694.49	574.32
Other Revenue	-	1.32	0.74	0.42	1.89
Revenue	987.73	882.05	799.63	694.9	576.22
Revenue Growth (YoY)	11.98%	10.31%	15.07%	20.60%	25.19%
Cost of Revenue	652.17	498.17	451.55	403.85	321.47
Gross Profit	335.56	383.88	348.08	291.06	254.74
Selling, General & Admin	-	90.13	80.12	62.15	51.71
Research & Development	-	35.37	33.8	28.68	23.55
Other Operating Expenses	-	-1.57	1.85	7.68	5.02
Operating Expenses	-	127.62	114.65	100.29	82.11
Operating Income	335.56	256.26	233.43	190.77	172.64
Interest Expense	-	-24.17	-25.04	-11.36	-1.29
Interest & Investment Income	-	61.24	52.4	32.37	5.95
Currency Exchange Gain (Loss)	-	-0.74	-0.23	-2.97	-1.04
Other Non Operating Income (Expenses)	-5.87	-3.28	-2.85	-1.33	-0.68
EBT Excluding Unusual Items	329.7	289.3	257.71	207.48	175.57
Gain (Loss) on Sale of Investments	-	1.98	0.39	10.96	1.07
Gain (Loss) on Sale of Assets	-	-0.13	-0.35	0	0.11
Other Unusual Items	-	0.34	5.51	9.02	5.04
Pretax Income	329.7	291.5	263.27	227.46	181.79
Income Tax Expense	48.08	41.23	37.14	32.26	24.76
Net Income	281.62	250.27	226.13	195.2	157.03
Net Income to Common	281.62	250.27	226.13	195.2	157.03
Net Income Growth	12.53%	10.68%	15.85%	24.31%	34.75%
Shares Outstanding (Basic)	188	189	188	187	163
Shares Outstanding (Diluted)	188	189	188	187	163
Shares Change (YoY)	-0.87%	0.51%	0.68%	14.94%	16.78%
EPS (Basic)	1.50	1.32	1.20	1.04	0.96
EPS (Diluted)	1.50	1.32	1.20	1.04	0.96
EPS Growth	13.52%	10.12%	15.06%	8.15%	15.39%
Free Cash Flow	-	33.96	44.12	220.72	220.59
Free Cash Flow Per Share	-	0.18	0.23	1.18	1.35
Dividend Per Share	-	0.429	0.964	-	0.268
Dividend Growth	-	-55.55%	-	-	25.01%
Gross Margin	33.97%	43.52%	43.53%	41.88%	44.21%
Operating Margin	33.97%	29.05%	29.19%	27.45%	29.96%
Profit Margin	28.51%	28.37%	28.28%	28.09%	27.25%
Free Cash Flow Margin	-	3.85%	5.52%	31.76%	38.28%
EBITDA	354.95	275.64	250.32	200.77	181.96
EBITDA Margin	35.94%	31.25%	31.30%	28.89%	31.58%
D&A For EBITDA	19.39	19.39	16.89	10	9.32
EBIT	335.56	256.26	233.43	190.77	172.64
EBIT Margin	33.97%	29.05%	29.19%	27.45%	29.96%
Effective Tax Rate	14.58%	14.14%	14.11%	14.19%	13.62%
Revenue as Reported	-	882.05	799.63	694.9	576.22
Advertising Expenses	-	0.79	0.66	0.67	0.58

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