GRG Banking Equipment Co., Ltd. (SHE:002152)

GRG Banking Equipment Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	10,858	9,015	7,493	6,745	6,407
Other Revenue	-	28.64	33.61	36.78	3.96
Revenue	10,858	9,043	7,526	6,782	6,411
Revenue Growth (YoY)	20.07%	20.15%	10.98%	5.79%	-1.32%
Cost of Revenue	-	5,844	4,708	4,201	3,933
Gross Profit	10,858	3,199	2,818	2,581	2,477
Selling, General & Admin	-	1,254	1,137	1,033	1,048
Research & Development	-	866.21	718.72	645.65	527.76
Other Operating Expenses	9,595	6.1	8.01	-3.94	-111.15
Operating Expenses	9,595	2,139	1,909	1,680	1,549
Operating Income	1,263	1,060	909.17	900.43	928.59
Interest Expense	-	-19.72	-21.29	-13.46	-10.02
Interest & Investment Income	-	340.25	276.83	207.29	163.15
Currency Exchange Gain (Loss)	-	12.75	13.77	-31.79	-55.77
Other Non Operating Income (Expenses)	21.82	-5.08	-6.76	-4.46	-2.67
EBT Excluding Unusual Items	1,284	1,389	1,172	1,058	1,023
Impairment of Goodwill	-	-28.15	-52.63	-69.19	-59.12
Gain (Loss) on Sale of Investments	-	0.41	-	17.7	-0.38
Gain (Loss) on Sale of Assets	-	3.33	1.04	-0.86	-0.27
Asset Writedown	-	-0.94	-0.89	-	-
Other Unusual Items	-	75.8	99.66	96.02	-1.04
Pretax Income	1,284	1,439	1,219	1,102	962.47
Income Tax Expense	367.35	167.51	118.15	123.06	113.44
Earnings From Continuing Operations	917.08	1,272	1,101	978.61	849.03
Minority Interest in Earnings	-	-294.63	-271.44	-154.36	-148.61
Net Income	917.08	976.92	829.32	824.26	700.42
Net Income to Common	917.08	976.92	829.32	824.26	700.42
Net Income Growth	-6.13%	17.80%	0.61%	17.68%	-7.59%
Shares Outstanding (Basic)	2,479	2,505	2,513	2,498	2,409
Shares Outstanding (Diluted)	2,479	2,505	2,513	2,498	2,409
Shares Change (YoY)	-1.05%	-0.33%	0.61%	3.68%	-1.48%
EPS (Basic)	0.37	0.39	0.33	0.33	0.29
EPS (Diluted)	0.37	0.39	0.33	0.33	0.29
EPS Growth	-5.13%	18.18%	0%	13.79%	-6.45%
Free Cash Flow	-	1,248	1,435	1,328	539.09
Free Cash Flow Per Share	-	0.50	0.57	0.53	0.22
Dividend Per Share	-	0.200	0.200	0.150	0.150
Dividend Growth	-	0%	33.33%	0%	25.00%
Gross Margin	100.00%	35.38%	37.44%	38.06%	38.64%
Operating Margin	11.63%	11.73%	12.08%	13.28%	14.48%
Profit Margin	8.45%	10.80%	11.02%	12.15%	10.93%
Free Cash Flow Margin	-	13.80%	19.06%	19.59%	8.41%
EBITDA	1,429	1,227	1,084	1,062	1,091
EBITDA Margin	13.16%	13.57%	14.40%	15.66%	17.02%
D&A For EBITDA	166.53	166.53	174.41	161.63	162.59
EBIT	1,263	1,060	909.17	900.43	928.59
EBIT Margin	11.63%	11.73%	12.08%	13.28%	14.48%
Effective Tax Rate	28.60%	11.64%	9.69%	11.17%	11.79%
Revenue as Reported	-	9,043	7,526	6,782	6,411

Source: S&P Capital IQ. Standard template. Financial Sources.