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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	517.2	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	520.02	515.63	399.59	501.32	696.66	624.44
Revenue Growth (YoY)	25.92%	29.04%	-20.29%	-28.04%	11.56%	-0.27%
Cost of Revenue	391.57	386.93	310.67	375.1	513.57	450.08
Gross Profit	128.45	128.69	88.92	126.22	183.09	174.36
Selling, General & Admin	56.78	56.46	56.46	53.74	57.38	54.16
Research & Development	35.27	33.77	31.55	33.96	35.59	27.28
Other Operating Expenses	1.63	2.33	3.15	4.08	3.9	5.06
Operating Expenses	95.25	94.48	124.18	88.47	98.09	87.75
Operating Income	33.2	34.22	-35.25	37.75	85	86.61
Interest Expense	-2.77	-2.87	-2.37	-1.72	-0.18	-0.08
Interest & Investment Income	9.72	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)	-1.02	-0.31	-0.75	-0.14	-0.29	0.01
EBT Excluding Unusual Items	39.12	41.53	-28.58	58.77	95.14	78.93
Gain (Loss) on Sale of Investments	0.22	0.03	0.01	-2.26	0.51	1.02
Gain (Loss) on Sale of Assets	3.78	3.78	3.25	-0.06	-0.09	-0.1
Asset Writedown	0.47	-0.32	-0.3	-	-	-
Other Unusual Items	2.47	2.44	3.78	4.02	4.1	6.01
Pretax Income	46.06	47.46	-21.84	60.47	99.65	85.87
Income Tax Expense	2.51	2.64	-8.79	3.7	9.89	10.57
Earnings From Continuing Operations	43.55	44.83	-13.05	56.77	89.76	75.29
Minority Interest in Earnings	-0.63	-0.35	0.27	-1.66	-1.39	-0.98
Net Income	42.92	44.48	-12.78	55.11	88.37	74.31
Net Income to Common	42.92	44.48	-12.78	55.11	88.37	74.31
Net Income Growth	-	-	-	-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)	-1.78%	0.40%	-4.15%	9.63%	22.20%	0.32%
EPS (Basic)	0.50	0.52	-0.15	0.62	1.09	1.12
EPS (Diluted)	0.50	0.52	-0.15	0.62	1.09	1.12
EPS Growth	-	-	-	-43.12%	-2.68%	2.75%
Free Cash Flow	3.82	8.13	-44.69	-21.2	20.4	40.76
Free Cash Flow Per Share	0.04	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	24.70%	24.96%	22.25%	25.18%	26.28%	27.92%
Operating Margin	6.38%	6.64%	-8.82%	7.53%	12.20%	13.87%
Profit Margin	8.25%	8.63%	-3.20%	10.99%	12.68%	11.90%
Free Cash Flow Margin	0.73%	1.58%	-11.19%	-4.23%	2.93%	6.53%
EBITDA	57.08	58.37	-10.01	62.06	106.97	105.86
EBITDA Margin	10.98%	11.32%	-2.51%	12.38%	15.35%	16.95%
D&A For EBITDA	23.88	24.15	25.24	24.31	21.96	19.25
EBIT	33.2	34.22	-35.25	37.75	85	86.61
EBIT Margin	6.38%	6.64%	-8.82%	7.53%	12.20%	13.87%
Effective Tax Rate	5.45%	5.55%	-	6.12%	9.93%	12.32%
Revenue as Reported	520.02	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.