Changchun High-Tech Industry (Group) Co., Ltd. (SHE:000661)

SHE:000661 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	13,403	13,439	14,543	12,613	10,747	8,577
Other Revenue	26.96	26.96	23.03	13.86	-	-
Revenue	13,430	13,466	14,566	12,627	10,747	8,577
Revenue Growth (YoY)	-10.69%	-7.56%	15.35%	17.50%	25.30%	16.31%
Cost of Revenue	2,170	2,072	2,117	1,578	1,437	1,145
Gross Profit	11,260	11,394	12,449	11,050	9,310	7,431
Selling, General & Admin	6,268	5,641	4,927	4,631	3,697	3,061
Research & Development	2,435	2,167	1,723	1,358	884.5	474.61
Other Operating Expenses	122.68	78.49	105.93	106.36	134.71	116.74
Operating Expenses	8,815	7,893	6,801	6,109	4,727	3,657
Operating Income	2,445	3,501	5,649	4,940	4,583	3,774
Interest Expense	-39.4	-37.22	-36.69	-43.75	-33.69	-34
Interest & Investment Income	80.51	130.73	147.06	133.62	124.03	100.56
Currency Exchange Gain (Loss)	-8.94	-11.68	5.16	6.67	-0.53	-1.03
Other Non Operating Income (Expenses)	-130.48	-152.11	-31.92	-43.02	-94.01	1.29
EBT Excluding Unusual Items	2,347	3,431	5,732	4,994	4,579	3,841
Impairment of Goodwill	-0.88	-3.61	-9.36	-7.76	-3.94	-
Gain (Loss) on Sale of Investments	-75.73	-130.89	-126.91	-75.71	-33.68	-14.84
Gain (Loss) on Sale of Assets	0.86	-0.47	-0.5	-1.43	0.94	41.27
Asset Writedown	-51.28	-37.82	-56.6	-1.31	-8.2	-1.07
Other Unusual Items	-196.3	-119.59	-35.44	16.58	82.63	46.93
Pretax Income	2,024	3,139	5,510	4,924	4,617	3,913
Income Tax Expense	180.5	431.81	734.45	708.93	719.23	605.64
Earnings From Continuing Operations	1,844	2,708	4,776	4,215	3,897	3,308
Minority Interest in Earnings	2.3	-124.46	-243.33	-74.69	-139.99	-261.07
Net Income	1,846	2,583	4,532	4,141	3,757	3,047
Net Income to Common	1,846	2,583	4,532	4,141	3,757	3,047
Net Income Growth	-54.88%	-43.01%	9.47%	10.19%	23.33%	71.64%
Shares Outstanding (Basic)	403	402	404	402	405	405
Shares Outstanding (Diluted)	403	402	410	408	410	408
Shares Change (YoY)	-1.69%	-1.82%	0.56%	-0.54%	0.34%	18.14%
EPS (Basic)	4.58	6.42	11.21	10.29	9.28	7.53
EPS (Diluted)	4.58	6.42	11.06	10.16	9.17	7.46
EPS Growth	-54.11%	-41.95%	8.86%	10.80%	22.92%	45.28%
Free Cash Flow	178.72	923.12	3,007	735.16	1,101	13.88
Free Cash Flow Per Share	0.44	2.29	7.34	1.80	2.69	0.03
Dividend Per Share	2.600	2.600	4.500	1.000	0.800	0.800
Dividend Growth	-42.22%	-42.22%	350.00%	25.00%	-	60.00%
Gross Margin	83.84%	84.61%	85.47%	87.51%	86.63%	86.65%
Operating Margin	18.21%	26.00%	38.78%	39.12%	42.65%	44.01%
Profit Margin	13.75%	19.18%	31.12%	32.79%	34.96%	35.52%
Free Cash Flow Margin	1.33%	6.86%	20.64%	5.82%	10.24%	0.16%
EBITDA	3,079	4,067	6,143	5,324	4,859	3,948
EBITDA Margin	22.93%	30.21%	42.17%	42.17%	45.21%	46.04%
D&A For EBITDA	633.57	566.08	494.22	384.1	275.4	174.22
EBIT	2,445	3,501	5,649	4,940	4,583	3,774
EBIT Margin	18.21%	26.00%	38.78%	39.12%	42.65%	44.01%
Effective Tax Rate	8.92%	13.76%	13.33%	14.40%	15.58%	15.48%
Revenue as Reported	13,430	13,466	14,566	12,627	10,747	8,577
Advertising Expenses	-	91.44	59.74	36.52	40.68	66.37

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