Kunshan Dongwei Technology Co.,Ltd. (SHA:688700)

SHA:688700 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	756.58	742.59	905.07	1,009	801.96	552.63
Other Revenue	7.4	7.4	4.16	2.77	2.67	1.86
Revenue	763.98	750	909.23	1,012	804.63	554.49
Revenue Growth (YoY)	-12.43%	-17.51%	-10.13%	25.74%	45.11%	25.56%
Cost of Revenue	507.69	484.78	544.04	595.04	468	334.9
Gross Profit	256.29	265.22	365.19	416.68	336.63	219.59
Selling, General & Admin	99.87	96.91	100.14	114.97	104.85	77.83
Research & Development	80.68	81.39	78.09	77.85	58.56	40.31
Other Operating Expenses	-11.82	-9.33	0.47	-7.85	-3.77	3.51
Operating Expenses	192.02	190.61	205.21	197.44	172.52	130.64
Operating Income	64.28	74.61	159.98	219.24	164.11	88.95
Interest Expense	-0.22	-0.25	-0.38	-0.16	-	-
Interest & Investment Income	18.76	19.29	14.2	6.96	4.5	1.77
Currency Exchange Gain (Loss)	2.11	2.11	6.2	-0.62	0.15	-1.94
Other Non Operating Income (Expenses)	-2.45	-0.79	-0.18	-0.76	-0.52	0.01
EBT Excluding Unusual Items	82.49	94.97	179.82	224.66	168.23	88.79
Gain (Loss) on Sale of Investments	0.03	0.59	2.3	3.3	2.5	-1.1
Gain (Loss) on Sale of Assets	0.07	0.06	-0.05	0.09	0.25	-0.51
Asset Writedown	-26.16	-25.93	-25.96	-	-	-
Other Unusual Items	3.89	3.89	12.96	7.02	9.06	11.62
Pretax Income	60.31	73.59	169.06	235.07	180.04	98.81
Income Tax Expense	5.02	4.32	17.64	21.75	19.16	10.99
Net Income	55.3	69.27	151.43	213.32	160.88	87.81
Net Income to Common	55.3	69.27	151.43	213.32	160.88	87.81
Net Income Growth	-58.06%	-54.25%	-29.01%	32.60%	83.21%	18.28%
Shares Outstanding (Basic)	312	301	291	283	248	211
Shares Outstanding (Diluted)	312	301	291	283	248	211
Shares Change (YoY)	11.86%	3.43%	2.90%	14.28%	17.25%	4.96%
EPS (Basic)	0.18	0.23	0.52	0.75	0.65	0.42
EPS (Diluted)	0.18	0.23	0.52	0.75	0.65	0.42
EPS Growth	-62.51%	-55.77%	-31.02%	16.02%	56.25%	12.68%
Free Cash Flow	66.81	15.34	-179.6	-27.84	29.72	57.58
Free Cash Flow Per Share	0.21	0.05	-0.62	-0.10	0.12	0.27
Dividend Per Share	0.100	0.100	0.192	0.229	0.156	-
Dividend Growth	-48.00%	-48.00%	-15.92%	46.70%	-	-
Gross Margin	33.55%	35.36%	40.16%	41.19%	41.84%	39.60%
Operating Margin	8.41%	9.95%	17.59%	21.67%	20.39%	16.04%
Profit Margin	7.24%	9.24%	16.65%	21.08%	19.99%	15.84%
Free Cash Flow Margin	8.74%	2.04%	-19.75%	-2.75%	3.69%	10.38%
EBITDA	89.35	98.64	179.86	230.6	170.28	94.1
EBITDA Margin	11.70%	13.15%	19.78%	22.79%	21.16%	16.97%
D&A For EBITDA	25.07	24.03	19.88	11.35	6.18	5.15
EBIT	64.28	74.61	159.98	219.24	164.11	88.95
EBIT Margin	8.41%	9.95%	17.59%	21.67%	20.39%	16.04%
Effective Tax Rate	8.32%	5.87%	10.43%	9.25%	10.64%	11.13%
Revenue as Reported	763.98	750	909.23	1,012	804.63	554.49
Advertising Expenses	-	4.22	4.39	1.15	4.18	1.94

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