GCH Technology Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	1,008	977.18	871.86	798.88	694.49	574.32
Other Revenue	0.23	0.23	1.32	0.74	0.42	1.89
Revenue	1,008	977.42	873.18	799.63	694.9	576.22
Revenue Growth (YoY)	11.92%	11.94%	9.20%	15.07%	20.60%	25.19%
Cost of Revenue	556.77	537.51	498.17	451.55	403.85	321.47
Gross Profit	451.05	439.91	375.01	348.08	291.06	254.74
Selling, General & Admin	93.98	96.13	90.13	80.12	62.15	51.71
Research & Development	40.01	39.54	35.37	33.8	28.68	23.55
Other Operating Expenses	10.96	10.63	-1.57	1.85	7.68	5.02
Operating Expenses	147.11	150.19	127.62	114.65	100.29	82.11
Operating Income	303.94	289.72	247.38	233.43	190.77	172.64
Interest Expense	-16.57	-17.31	-24.17	-25.04	-11.36	-1.29
Interest & Investment Income	54.63	60.98	70.11	52.4	32.37	5.95
Currency Exchange Gain (Loss)	-5.79	-5.79	-0.74	-0.23	-2.97	-1.04
Other Non Operating Income (Expenses)	-4.72	-2.68	-3.47	-2.85	-1.33	-0.68
EBT Excluding Unusual Items	331.48	324.92	289.11	257.71	207.48	175.57
Gain (Loss) on Sale of Investments	7.41	-1.02	1.98	0.39	10.96	1.07
Gain (Loss) on Sale of Assets	0.01	-	-0.13	-0.35	0	0.11
Other Unusual Items	-0.5	-0.44	0.54	5.51	9.02	5.04
Pretax Income	338.41	323.46	291.5	263.27	227.46	181.79
Income Tax Expense	44.15	47.68	41.23	37.14	32.26	24.76
Net Income	294.51	275.79	250.27	226.13	195.2	157.03
Net Income to Common	294.51	275.79	250.27	226.13	195.2	157.03
Net Income Growth	13.26%	10.20%	10.68%	15.85%	24.31%	34.75%
Shares Outstanding (Basic)	276	259	260	264	262	228
Shares Outstanding (Diluted)	276	259	260	264	262	228
Shares Change (YoY)	14.67%	-0.16%	-1.63%	0.68%	14.95%	16.78%
EPS (Basic)	1.07	1.06	0.96	0.86	0.74	0.69
EPS (Diluted)	1.07	1.06	0.96	0.86	0.74	0.69
EPS Growth	-1.23%	10.37%	12.51%	15.06%	8.14%	15.40%
Free Cash Flow	213.02	217.92	101.86	44.12	220.72	220.59
Free Cash Flow Per Share	0.77	0.84	0.39	0.17	0.84	0.97
Dividend Per Share	0.164	0.164	0.306	0.689	-	0.191
Dividend Growth	-46.33%	-46.33%	-55.56%	-	-	24.95%
Gross Margin	44.76%	45.01%	42.95%	43.53%	41.88%	44.21%
Operating Margin	30.16%	29.64%	28.33%	29.19%	27.45%	29.96%
Profit Margin	29.22%	28.22%	28.66%	28.28%	28.09%	27.25%
Free Cash Flow Margin	21.14%	22.30%	11.67%	5.52%	31.76%	38.28%
EBITDA	339.6	322.14	266.87	250.32	200.77	181.96
EBITDA Margin	33.70%	32.96%	30.56%	31.30%	28.89%	31.58%
D&A For EBITDA	35.66	32.43	19.49	16.89	10	9.32
EBIT	303.94	289.72	247.38	233.43	190.77	172.64
EBIT Margin	30.16%	29.64%	28.33%	29.19%	27.45%	29.96%
Effective Tax Rate	13.05%	14.74%	14.14%	14.11%	14.19%	13.62%
Revenue as Reported	1,008	977.42	873.18	799.63	694.9	576.22
Advertising Expenses	-	0.91	0.79	0.66	0.67	0.58