Qingdao NovelBeam Technology Co.,Ltd. (SHA:688677)

SHA:688677 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	469.84	440.59	468.49	476.09	309.62	274.5
Other Revenue	2.24	2.24	2.11	0.73	0.06	0.7
Revenue	472.08	442.83	470.6	476.82	309.67	275.2
Revenue Growth (YoY)	7.34%	-5.90%	-1.31%	53.97%	12.53%	8.83%
Cost of Revenue	172.43	162.76	176.88	171.56	116.79	102.38
Gross Profit	299.65	280.07	293.72	305.26	192.89	172.81
Selling, General & Admin	82.85	77.05	69.82	56.35	42.99	31.68
Research & Development	54.79	54.15	65.89	59.9	41.34	30.92
Other Operating Expenses	6.04	5.09	5.01	4.38	3.66	3.25
Operating Expenses	144.49	137.45	139.81	122.19	88.33	66.45
Operating Income	155.16	142.63	153.92	183.07	104.56	106.37
Interest Expense	-0.98	-0.51	-0.47	-0.37	-0.35	-1.86
Interest & Investment Income	4.76	4.86	4.63	10.59	14.57	0.31
Earnings From Equity Investments	0.18	-	-	-	-	-
Currency Exchange Gain (Loss)	4.8	4.8	0.91	8.4	-2.71	-3.3
Other Non Operating Income (Expenses)	-1.83	-0.28	-0.19	0.01	-0.21	-0.22
EBT Excluding Unusual Items	162.1	151.49	158.79	201.69	115.85	101.29
Gain (Loss) on Sale of Investments	-5.8	-4.95	-3.14	-	-	-0.93
Gain (Loss) on Sale of Assets	-0.22	-0.22	-0.18	-0.53	-0.27	-0.04
Asset Writedown	-0.04	-	-	-2.77	-	-
Other Unusual Items	6.15	6.15	4.76	7.09	17.65	10.62
Pretax Income	162.18	152.48	160.24	205.49	133.24	110.95
Income Tax Expense	20.62	18.73	18.07	23.78	16.08	14.94
Earnings From Continuing Operations	141.57	133.75	142.17	181.71	117.16	96.01
Minority Interest in Earnings	2.03	1.6	3.55	0.86	0.57	0.34
Net Income	143.59	135.35	145.71	182.57	117.73	96.35
Net Income to Common	143.59	135.35	145.71	182.57	117.73	96.35
Net Income Growth	5.82%	-7.11%	-20.19%	55.07%	22.19%	33.95%
Shares Outstanding (Basic)	121	121	121	122	117	91
Shares Outstanding (Diluted)	121	121	121	122	117	91
Shares Change (YoY)	-0.35%	-0.48%	-0.24%	4.12%	28.26%	-2.25%
EPS (Basic)	1.19	1.12	1.20	1.50	1.01	1.06
EPS (Diluted)	1.19	1.12	1.20	1.50	1.01	1.06
EPS Growth	6.20%	-6.67%	-20.00%	48.94%	-4.73%	37.04%
Free Cash Flow	64.69	36.05	102.14	2.7	3.89	46.22
Free Cash Flow Per Share	0.54	0.30	0.84	0.02	0.03	0.51
Dividend Per Share	0.600	0.600	0.550	0.571	0.293	0.286
Dividend Growth	9.09%	9.09%	-3.74%	95.08%	2.52%	-
Gross Margin	63.48%	63.25%	62.41%	64.02%	62.29%	62.80%
Operating Margin	32.87%	32.21%	32.71%	38.39%	33.76%	38.65%
Profit Margin	30.42%	30.56%	30.96%	38.29%	38.02%	35.01%
Free Cash Flow Margin	13.70%	8.14%	21.70%	0.57%	1.26%	16.80%
EBITDA	181.8	168.51	176.75	197	114.27	115.55
EBITDA Margin	38.51%	38.05%	37.56%	41.31%	36.90%	41.99%
D&A For EBITDA	26.64	25.88	22.83	13.93	9.72	9.18
EBIT	155.16	142.63	153.92	183.07	104.56	106.37
EBIT Margin	32.87%	32.21%	32.71%	38.39%	33.76%	38.65%
Effective Tax Rate	12.71%	12.28%	11.28%	11.57%	12.07%	13.46%
Revenue as Reported	472.08	442.83	470.6	476.82	309.67	275.2
Advertising Expenses	-	3.62	2.49	2.57	2.38	0.9

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