Goertek Inc. (SHE:002241)

Goertek 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	95,539	98,546	95,886	102,967	76,946	56,532
Other Revenue	2,408	2,408	2,688	1,927	1,275	1,211
Revenue	97,947	100,954	98,574	104,894	78,221	57,743
Revenue Growth (YoY)	4.46%	2.41%	-6.03%	34.10%	35.47%	64.28%
Cost of Revenue	86,906	90,161	90,053	94,437	67,409	48,609
Gross Profit	11,040	10,793	8,521	10,458	10,813	9,134
Selling, General & Admin	2,897	2,820	2,731	2,843	2,397	2,106
Research & Development	5,153	4,882	4,716	5,227	4,170	3,426
Other Operating Expenses	260.85	219.49	202.73	245.11	221.89	206.9
Operating Expenses	8,324	7,979	7,630	8,331	6,808	5,761
Operating Income	2,717	2,814	890.97	2,126	4,005	3,373
Interest Expense	-538.91	-572.19	-544.69	-303.54	-209.62	-276.71
Interest & Investment Income	620.68	509.69	279.66	189.36	560.73	177.77
Currency Exchange Gain (Loss)	115.27	115.27	10.28	21.27	-27.31	-214.01
Other Non Operating Income (Expenses)	43.33	-15.09	-99.05	-53.59	-32.14	-39.19
EBT Excluding Unusual Items	2,957	2,852	537.17	1,980	4,297	3,021
Gain (Loss) on Sale of Investments	6.93	41.04	42.52	-93.33	-48.85	160.22
Gain (Loss) on Sale of Assets	-32.64	-0.31	-2.04	-47.9	-31.18	-62.25
Asset Writedown	-327.71	-327.57	-146.67	-696.43	-90.97	-127.81
Other Unusual Items	291.65	208.94	360.18	367.09	480.28	230.48
Pretax Income	2,895	2,774	791.16	1,509	4,606	3,222
Income Tax Expense	236.91	187.55	-228.25	-281.79	298.84	370.08
Earnings From Continuing Operations	2,658	2,586	1,019	1,791	4,307	2,852
Minority Interest in Earnings	96.12	78.76	68.67	-41.84	-32.36	-3.88
Net Income	2,754	2,665	1,088	1,749	4,275	2,848
Net Income to Common	2,754	2,665	1,088	1,749	4,275	2,848
Net Income Growth	102.31%	144.93%	-37.80%	-59.08%	50.09%	122.41%
Shares Outstanding (Basic)	3,348	3,373	3,400	3,364	3,314	3,200
Shares Outstanding (Diluted)	3,456	3,417	3,400	3,364	3,340	3,200
Shares Change (YoY)	2.30%	0.48%	1.08%	0.73%	4.36%	-0.04%
EPS (Basic)	0.82	0.79	0.32	0.52	1.29	0.89
EPS (Diluted)	0.80	0.78	0.32	0.52	1.28	0.89
EPS Growth	97.76%	143.75%	-38.46%	-59.38%	43.82%	122.50%
Free Cash Flow	2,115	2,566	1,202	227.01	1,637	2,083
Free Cash Flow Per Share	0.61	0.75	0.35	0.07	0.49	0.65
Dividend Per Share	0.300	0.300	0.100	0.100	0.200	0.150
Dividend Growth	200.00%	200.00%	-	-50.00%	33.33%	50.00%
Gross Margin	11.27%	10.69%	8.64%	9.97%	13.82%	15.82%
Operating Margin	2.77%	2.79%	0.90%	2.03%	5.12%	5.84%
Profit Margin	2.81%	2.64%	1.10%	1.67%	5.46%	4.93%
Free Cash Flow Margin	2.16%	2.54%	1.22%	0.22%	2.09%	3.61%
EBITDA	6,443	6,538	4,605	5,552	6,711	5,510
EBITDA Margin	6.58%	6.48%	4.67%	5.29%	8.58%	9.54%
D&A For EBITDA	3,726	3,724	3,714	3,426	2,706	2,137
EBIT	2,717	2,814	890.97	2,126	4,005	3,373
EBIT Margin	2.77%	2.79%	0.90%	2.03%	5.12%	5.84%
Effective Tax Rate	8.18%	6.76%	-	-	6.49%	11.49%
Revenue as Reported	97,947	100,954	98,574	104,894	78,221	57,743

Updated Oct 23, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.