GRG Banking Equipment Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	11,612	10,824	9,015	7,493	6,745	6,407
Other Revenue	42.44	42.44	28.64	33.61	36.78	3.96
Revenue	11,655	10,866	9,043	7,526	6,782	6,411
Revenue Growth (YoY)	11.87%	20.16%	20.15%	10.98%	5.79%	-1.32%
Cost of Revenue	8,363	7,526	5,844	4,708	4,201	3,933
Gross Profit	3,292	3,340	3,199	2,818	2,581	2,477
Selling, General & Admin	1,398	1,351	1,254	1,137	1,033	1,048
Research & Development	944.41	940.52	866.21	718.72	645.65	527.76
Other Operating Expenses	20.86	27.45	6.1	8.01	-3.94	-111.15
Operating Expenses	2,339	2,335	2,139	1,909	1,680	1,549
Operating Income	953.14	1,005	1,060	909.17	900.43	928.59
Interest Expense	-82.82	-67.29	-19.72	-21.29	-13.46	-10.02
Interest & Investment Income	274.79	322.58	340.25	276.83	207.29	163.15
Currency Exchange Gain (Loss)	-32.35	-32.35	12.75	13.77	-31.79	-55.77
Other Non Operating Income (Expenses)	25.17	-7.32	-5.08	-6.76	-4.46	-2.67
EBT Excluding Unusual Items	1,138	1,221	1,389	1,172	1,058	1,023
Impairment of Goodwill	-19.3	-19.3	-28.15	-52.63	-69.19	-59.12
Gain (Loss) on Sale of Investments	7.27	4.86	0.41	-	17.7	-0.38
Gain (Loss) on Sale of Assets	1.93	1.54	3.33	1.04	-0.86	-0.27
Asset Writedown	1.38	-0.88	-0.94	-0.89	-	-
Other Unusual Items	79.6	79.6	75.8	99.66	96.02	-1.04
Pretax Income	1,209	1,287	1,439	1,219	1,102	962.47
Income Tax Expense	157.86	129.79	167.51	118.15	123.06	113.44
Earnings From Continuing Operations	1,051	1,157	1,272	1,101	978.61	849.03
Minority Interest in Earnings	-201.81	-237.07	-294.63	-271.44	-154.36	-148.61
Net Income	849.13	919.83	976.92	829.32	824.26	700.42
Net Income to Common	849.13	919.83	976.92	829.32	824.26	700.42
Net Income Growth	-5.37%	-5.84%	17.80%	0.61%	17.68%	-7.59%
Shares Outstanding (Basic)	2,499	2,486	2,505	2,513	2,498	2,409
Shares Outstanding (Diluted)	2,499	2,486	2,505	2,513	2,498	2,409
Shares Change (YoY)	0.24%	-0.76%	-0.33%	0.61%	3.68%	-1.48%
EPS (Basic)	0.34	0.37	0.39	0.33	0.33	0.29
EPS (Diluted)	0.34	0.37	0.39	0.33	0.33	0.29
EPS Growth	-5.59%	-5.13%	18.18%	-	13.79%	-6.45%
Free Cash Flow	1,599	1,123	1,248	1,435	1,328	539.09
Free Cash Flow Per Share	0.64	0.45	0.50	0.57	0.53	0.22
Dividend Per Share	0.370	0.200	0.200	0.200	0.150	0.150
Dividend Growth	85.00%	-	-	33.33%	-	25.00%
Gross Margin	28.24%	30.74%	35.38%	37.44%	38.06%	38.64%
Operating Margin	8.18%	9.25%	11.73%	12.08%	13.28%	14.49%
Profit Margin	7.29%	8.46%	10.80%	11.02%	12.15%	10.93%
Free Cash Flow Margin	13.72%	10.33%	13.80%	19.06%	19.59%	8.41%
EBITDA	1,188	1,214	1,235	1,084	1,062	1,091
EBITDA Margin	10.19%	11.17%	13.65%	14.40%	15.66%	17.02%
D&A For EBITDA	234.9	208.95	174.34	174.41	161.63	162.59
EBIT	953.14	1,005	1,060	909.17	900.43	928.59
EBIT Margin	8.18%	9.25%	11.73%	12.08%	13.28%	14.49%
Effective Tax Rate	13.06%	10.09%	11.64%	9.69%	11.17%	11.79%
Revenue as Reported	11,655	10,866	9,043	7,526	6,782	6,411

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.