Circuit Fabology Microelectronics Equipment Co.,Ltd. (SHA:688630)

SHA:688630 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	991.91	947.72	823.64	647.25	489.54	307.41
Other Revenue	6.22	6.22	5.21	5.03	2.71	2.68
Revenue	998.13	953.94	828.86	652.28	492.25	310.09
Revenue Growth (YoY)	14.72%	15.09%	27.07%	32.51%	58.74%	53.31%
Cost of Revenue	635.85	616.17	489.74	371.3	281.78	175.48
Gross Profit	362.28	337.77	339.11	280.98	210.46	134.6
Selling, General & Admin	104.68	96.23	76.38	63.37	48.91	34.76
Research & Development	95.95	97.7	94.54	84.74	56.48	33.94
Other Operating Expenses	-11.71	-13.26	-7.05	5.01	2.24	0.95
Operating Expenses	210.62	198.59	186.89	164.26	118	75.2
Operating Income	151.66	139.19	152.22	116.72	92.46	59.4
Interest Expense	-0.44	-0.47	-0.7	-0.22	-2.09	-0.11
Interest & Investment Income	23.65	25.69	18.35	9.39	9.55	3.6
Currency Exchange Gain (Loss)	-2.84	-2.84	1.7	2.78	2.05	-1.75
Other Non Operating Income (Expenses)	2.53	-0.4	-0.9	-0.4	-1.05	1.7
EBT Excluding Unusual Items	174.57	161.16	170.67	128.27	100.91	62.84
Gain (Loss) on Sale of Investments	1	0.87	0.89	-0.06	1.54	0.36
Gain (Loss) on Sale of Assets	-0.23	0.01	-0.01	-0.86	0	0.01
Other Unusual Items	9.34	9.02	23.48	21.06	13.68	16.1
Pretax Income	184.83	171.07	195.03	148.4	116.14	79.48
Income Tax Expense	12.02	10.37	15.73	11.81	9.98	8.44
Net Income	172.8	160.7	179.31	136.59	106.16	71.04
Net Income to Common	172.8	160.7	179.31	136.59	106.16	71.04
Net Income Growth	-6.88%	-10.38%	31.28%	28.66%	49.44%	49.16%
Shares Outstanding (Basic)	131	131	125	121	113	91
Shares Outstanding (Diluted)	131	131	125	121	113	91
Shares Change (YoY)	1.68%	4.19%	3.74%	7.03%	24.00%	14.74%
EPS (Basic)	1.32	1.23	1.43	1.13	0.94	0.78
EPS (Diluted)	1.32	1.23	1.43	1.13	0.94	0.78
EPS Growth	-8.41%	-13.99%	26.55%	20.21%	20.51%	30.00%
Free Cash Flow	-141.44	-137.07	-156.83	-33.13	-102.07	-83.11
Free Cash Flow Per Share	-1.08	-1.05	-1.25	-0.27	-0.90	-0.91
Dividend Per Share	0.370	0.370	0.800	-	0.200	-
Dividend Growth	-53.75%	-53.75%	-	-	-	-
Gross Margin	36.30%	35.41%	40.91%	43.08%	42.76%	43.41%
Operating Margin	15.20%	14.59%	18.37%	17.89%	18.78%	19.16%
Profit Margin	17.31%	16.84%	21.63%	20.94%	21.57%	22.91%
Free Cash Flow Margin	-14.17%	-14.37%	-18.92%	-5.08%	-20.74%	-26.80%
EBITDA	166.19	154.07	168.52	127.11	98.34	62.86
EBITDA Margin	16.65%	16.15%	20.33%	19.49%	19.98%	20.27%
D&A For EBITDA	14.52	14.88	16.29	10.39	5.88	3.45
EBIT	151.66	139.19	152.22	116.72	92.46	59.4
EBIT Margin	15.20%	14.59%	18.37%	17.89%	18.78%	19.16%
Effective Tax Rate	6.50%	6.06%	8.06%	7.96%	8.59%	10.62%
Revenue as Reported	998.13	953.94	828.86	652.28	492.25	310.09
Advertising Expenses	-	1.9	2.12	1.02	1.34	0.5

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