GCH Technology Co., Ltd. (SHA:688625)

GCH Technology 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	909.39	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	910.71	882.05	799.63	694.9	576.22	460.26
Revenue Growth (YoY)	10.96%	10.31%	15.07%	20.60%	25.19%	17.37%
Cost of Revenue	510.25	498.17	451.55	403.85	321.47	257.57
Gross Profit	400.46	383.88	348.08	291.06	254.74	202.69
Selling, General & Admin	94.1	90.13	80.12	62.15	51.71	46.42
Research & Development	36.52	35.37	33.8	28.68	23.55	17.85
Other Operating Expenses	1.4	-1.57	1.85	7.68	5.02	3.78
Operating Expenses	134.66	127.62	114.65	100.29	82.11	69.79
Operating Income	265.8	256.26	233.43	190.77	172.64	132.9
Interest Expense	-23.26	-24.17	-25.04	-11.36	-1.29	-2.48
Interest & Investment Income	62.68	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)	-4.41	-3.28	-2.85	-1.33	-0.68	-0.2
EBT Excluding Unusual Items	300.06	289.3	257.71	207.48	175.57	130.69
Gain (Loss) on Sale of Investments	1.4	1.98	0.39	10.96	1.07	-0
Gain (Loss) on Sale of Assets	-0.13	-0.13	-0.35	0	0.11	-0.03
Other Unusual Items	0.34	0.34	5.51	9.02	5.04	4.93
Pretax Income	301.68	291.5	263.27	227.46	181.79	135.59
Income Tax Expense	41.64	41.23	37.14	32.26	24.76	19.06
Net Income	260.03	250.27	226.13	195.2	157.03	116.53
Net Income to Common	260.03	250.27	226.13	195.2	157.03	116.53
Net Income Growth	9.92%	10.68%	15.85%	24.31%	34.75%	30.53%
Shares Outstanding (Basic)	190	189	188	187	163	139
Shares Outstanding (Diluted)	190	189	188	187	163	139
Shares Change (YoY)	0.79%	0.51%	0.68%	14.94%	16.78%	-0.40%
EPS (Basic)	1.37	1.32	1.20	1.04	0.96	0.84
EPS (Diluted)	1.37	1.32	1.20	1.04	0.96	0.84
EPS Growth	9.06%	10.12%	15.06%	8.15%	15.39%	31.46%
Free Cash Flow	94.04	33.96	44.12	220.72	220.59	79.97
Free Cash Flow Per Share	0.50	0.18	0.23	1.18	1.35	0.57
Dividend Per Share	0.429	0.429	0.964	-	0.268	0.214
Dividend Growth	-55.55%	-55.55%	-	-	25.01%	-
Gross Margin	43.97%	43.52%	43.53%	41.88%	44.21%	44.04%
Operating Margin	29.19%	29.05%	29.19%	27.45%	29.96%	28.88%
Profit Margin	28.55%	28.37%	28.28%	28.09%	27.25%	25.32%
Free Cash Flow Margin	10.32%	3.85%	5.52%	31.76%	38.28%	17.37%
EBITDA	285.81	275.64	250.32	200.77	181.96	141.84
EBITDA Margin	31.38%	31.25%	31.30%	28.89%	31.58%	30.82%
D&A For EBITDA	20.01	19.39	16.89	10	9.32	8.94
EBIT	265.8	256.26	233.43	190.77	172.64	132.9
EBIT Margin	29.19%	29.05%	29.19%	27.45%	29.96%	28.88%
Effective Tax Rate	13.80%	14.14%	14.11%	14.19%	13.62%	14.06%
Revenue as Reported	910.71	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.