Guangdong Fuxin Technology Co., Ltd. (SHA:688662)

SHA:688662 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	539.43	512.8	396.63	499.51	693.07	623.65
Other Revenue	2.82	2.82	2.96	1.81	3.59	0.79
Revenue	542.25	515.63	399.59	501.32	696.66	624.44
Revenue Growth (YoY)	13.44%	29.04%	-20.29%	-28.04%	11.56%	-0.27%
Cost of Revenue	408.48	386.93	310.67	375.1	513.57	450.08
Gross Profit	133.77	128.69	88.92	126.22	183.09	174.36
Selling, General & Admin	60.28	56.46	56.46	53.74	57.38	54.16
Research & Development	35.17	33.77	31.55	33.96	35.59	27.28
Other Operating Expenses	1.55	2.33	3.15	4.08	3.9	5.06
Operating Expenses	98.78	94.48	124.18	88.47	98.09	87.75
Operating Income	34.99	34.22	-35.25	37.75	85	86.61
Interest Expense	-2.08	-2.87	-2.37	-1.72	-0.18	-0.08
Interest & Investment Income	7.86	10.5	9.79	6.47	13.01	0.97
Currency Exchange Gain (Loss)	-	-	-	16.41	-2.41	-8.58
Other Non Operating Income (Expenses)	-0.73	-0.31	-0.75	-0.14	-0.29	0.01
EBT Excluding Unusual Items	40.04	41.53	-28.58	58.77	95.14	78.93
Gain (Loss) on Sale of Investments	0.09	0.03	0.01	-2.26	0.51	1.02
Gain (Loss) on Sale of Assets	3.53	3.78	3.25	-0.06	-0.09	-0.1
Asset Writedown	3.29	-0.32	-0.3	-	-	-
Other Unusual Items	2.4	2.44	3.78	4.02	4.1	6.01
Pretax Income	49.35	47.46	-21.84	60.47	99.65	85.87
Income Tax Expense	4.28	2.64	-8.79	3.7	9.89	10.57
Earnings From Continuing Operations	45.07	44.83	-13.05	56.77	89.76	75.29
Minority Interest in Earnings	-1.16	-0.35	0.27	-1.66	-1.39	-0.98
Net Income	43.91	44.48	-12.78	55.11	88.37	74.31
Net Income to Common	43.91	44.48	-12.78	55.11	88.37	74.31
Net Income Growth	37.00%	-	-	-37.64%	18.93%	3.08%
Shares Outstanding (Basic)	86	86	85	89	81	66
Shares Outstanding (Diluted)	86	86	85	89	81	66
Shares Change (YoY)	4.23%	0.40%	-4.15%	9.63%	22.20%	0.32%
EPS (Basic)	0.51	0.52	-0.15	0.62	1.09	1.12
EPS (Diluted)	0.51	0.52	-0.15	0.62	1.09	1.12
EPS Growth	31.45%	-	-	-43.12%	-2.68%	2.75%
Free Cash Flow	-12.41	8.13	-44.69	-21.2	20.4	40.76
Free Cash Flow Per Share	-0.14	0.10	-0.53	-0.24	0.25	0.61
Dividend Per Share	0.350	0.350	-	0.250	0.400	-
Dividend Growth	-	-	-	-37.50%	-	-
Gross Margin	24.67%	24.96%	22.25%	25.18%	26.28%	27.92%
Operating Margin	6.45%	6.64%	-8.82%	7.53%	12.20%	13.87%
Profit Margin	8.10%	8.63%	-3.20%	10.99%	12.68%	11.90%
Free Cash Flow Margin	-2.29%	1.58%	-11.19%	-4.23%	2.93%	6.53%
EBITDA	58.33	58.37	-10.01	62.06	106.97	105.86
EBITDA Margin	10.76%	11.32%	-2.51%	12.38%	15.35%	16.95%
D&A For EBITDA	23.34	24.15	25.24	24.31	21.96	19.25
EBIT	34.99	34.22	-35.25	37.75	85	86.61
EBIT Margin	6.45%	6.64%	-8.82%	7.53%	12.20%	13.87%
Effective Tax Rate	8.67%	5.55%	-	6.12%	9.93%	12.32%
Revenue as Reported	542.25	515.63	399.59	501.32	696.66	624.44
Advertising Expenses	-	2.48	5.09	1.38	1.92	2.91

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