Baoding Technology Co., Ltd. (SHE:002552)

Baoding Technology 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	2,846	2,992	1,749	333.15	2,158
Other Revenue	48.26	49.93	41.79	20.01	14.19
Revenue	2,894	3,042	1,791	353.16	2,172
Revenue Growth (YoY)	-4.85%	69.81%	407.17%	-83.74%	538.22%
Cost of Revenue	2,506	2,709	1,454	306.48	1,839
Gross Profit	388.14	332.67	336.73	46.69	333.61
Selling, General & Admin	155.95	217.63	105.34	34.01	91.71
Research & Development	89.91	118.39	58.84	15.31	69.8
Other Operating Expenses	5.79	5.43	42.86	5.43	8.51
Operating Expenses	259.85	333.92	217.59	59.83	177.48
Operating Income	128.29	-1.25	119.14	-13.14	156.12
Interest Expense	-57.75	-56.32	-18.81	-	-78.73
Interest & Investment Income	84.96	16.01	8.39	14.59	9.42
Currency Exchange Gain (Loss)	2.37	-0.66	0.37	-0.39	4.39
Other Non Operating Income (Expenses)	-1.76	-3.75	-10.48	-0.02	-39.19
EBT Excluding Unusual Items	156.11	-45.96	98.6	1.04	52.02
Impairment of Goodwill	-80.87	-155.25	-8.4	-	-
Gain (Loss) on Sale of Investments	-	-33.71	-	-	-2.23
Gain (Loss) on Sale of Assets	0.3	0.85	0.04	1.32	0
Asset Writedown	-0.26	-0.52	-2.49	-0	-8.52
Legal Settlements	-	-	-9.1	-0.48	-0.52
Other Unusual Items	277.86	422.11	7.32	4.57	9.95
Pretax Income	353.14	187.52	85.97	6.46	50.7
Income Tax Expense	89.71	1.46	25.23	0.09	2.59
Earnings From Continuing Operations	263.43	186.06	60.73	6.37	48.11
Minority Interest in Earnings	-15.8	-0.85	10.15	-	-
Net Income	247.63	185.22	70.88	6.37	48.11
Net Income to Common	247.63	185.22	70.88	6.37	48.11
Net Income Growth	33.70%	161.30%	1013.27%	-86.77%	-14.20%
Shares Outstanding (Basic)	420	431	394	318	379
Shares Outstanding (Diluted)	420	431	394	318	379
Shares Change (YoY)	-2.56%	9.38%	23.70%	-16.03%	21.72%
EPS (Basic)	0.59	0.43	0.18	0.02	0.13
EPS (Diluted)	0.59	0.43	0.18	0.02	0.13
EPS Growth	37.21%	138.89%	800.00%	-84.24%	-29.51%
Free Cash Flow	-281.12	-241.54	34.71	48.55	-109.88
Free Cash Flow Per Share	-0.67	-0.56	0.09	0.15	-0.29
Dividend Per Share	0.140	-	-	-	-
Gross Margin	13.41%	10.94%	18.80%	13.22%	15.36%
Operating Margin	4.43%	-0.04%	6.65%	-3.72%	7.19%
Profit Margin	8.56%	6.09%	3.96%	1.80%	2.21%
Free Cash Flow Margin	-9.71%	-7.94%	1.94%	13.75%	-5.06%
EBITDA	331.97	226.03	240.65	26.3	263.27
EBITDA Margin	11.47%	7.43%	13.44%	7.45%	12.12%
D&A For EBITDA	203.68	227.28	121.51	39.44	107.14
EBIT	128.29	-1.25	119.14	-13.14	156.12
EBIT Margin	4.43%	-0.04%	6.65%	-3.72%	7.19%
Effective Tax Rate	25.40%	0.78%	29.35%	1.41%	5.11%
Revenue as Reported	2,894	3,042	1,791	353.16	2,172

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