Acrel Co.,Ltd. (SHE:300286)

Acrel 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	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,070	1,062	1,119	1,011	1,015	716.15
Other Revenue	1.62	1.15	2.66	7.63	1.62	2.6
Revenue	1,072	1,063	1,122	1,019	1,017	718.75
Revenue Growth (YoY)	-3.88%	-5.24%	10.17%	0.16%	41.49%	19.75%
Cost of Revenue	589.38	589	605.41	548.65	552.08	383.36
Gross Profit	482.14	474.36	516.75	469.93	464.9	335.39
Selling, General & Admin	207.11	211.4	228.18	204.49	195.73	155.73
Research & Development	108.77	116.36	127.98	121.13	112.45	75.58
Other Operating Expenses	-14.22	-20.91	-26.73	-21.03	-17.65	-13.82
Operating Expenses	303	309	331.84	307.51	291.63	220.82
Operating Income	179.15	165.36	184.91	162.42	173.27	114.57
Interest & Investment Income	19.83	15.09	28.41	10.66	8.62	11.09
Currency Exchange Gain (Loss)	0.84	0.43	-0.07	0	-0.03	-0
Other Non Operating Income (Expenses)	-0.05	-0.26	-0.09	-0.01	-0.44	-0.4
EBT Excluding Unusual Items	199.78	180.62	213.16	173.06	181.42	125.25
Gain (Loss) on Sale of Investments	0.86	0.54	0.33	-0.42	1.6	-
Gain (Loss) on Sale of Assets	1.97	1.91	-2.06	-0	0.16	0.54
Asset Writedown	-0.06	-0.17	-0.06	-0.06	-0.48	-0.04
Other Unusual Items	7.05	2.86	12.01	11.73	7.28	4.14
Pretax Income	209.6	185.75	223.39	184.32	189.98	129.89
Income Tax Expense	14.88	16.08	22.18	13.73	19.92	8.45
Earnings From Continuing Operations	194.72	169.67	201.21	170.59	170.07	121.44
Minority Interest in Earnings	0.08	0.16	0.19	0.02	-	-
Net Income	194.8	169.83	201.4	170.61	170.07	121.44
Net Income to Common	194.8	169.83	201.4	170.61	170.07	121.44
Net Income Growth	-3.34%	-15.68%	18.05%	0.32%	40.04%	7.21%
Shares Outstanding (Basic)	221	212	212	208	202	202
Shares Outstanding (Diluted)	221	212	212	211	207	206
Shares Change (YoY)	4.34%	-0.22%	0.65%	1.56%	0.76%	-1.88%
EPS (Basic)	0.88	0.80	0.95	0.82	0.84	0.60
EPS (Diluted)	0.88	0.80	0.95	0.81	0.82	0.59
EPS Growth	-7.41%	-15.79%	17.28%	-1.22%	38.98%	9.26%
Free Cash Flow	235.26	228.18	221.94	133.81	83.1	-62.76
Free Cash Flow Per Share	1.06	1.08	1.05	0.64	0.40	-0.30
Dividend Per Share	0.401	0.401	0.300	0.200	0.200	0.200
Dividend Growth	0.23%	33.63%	50.00%	-	-	-
Gross Margin	45.00%	44.61%	46.05%	46.14%	45.71%	46.66%
Operating Margin	16.72%	15.55%	16.48%	15.95%	17.04%	15.94%
Profit Margin	18.18%	15.97%	17.95%	16.75%	16.72%	16.90%
Free Cash Flow Margin	21.96%	21.46%	19.78%	13.14%	8.17%	-8.73%
EBITDA	205.25	193.05	213.48	186.76	195.23	135.12
EBITDA Margin	19.16%	18.15%	19.02%	18.34%	19.20%	18.80%
D&A For EBITDA	26.11	27.69	28.58	24.34	21.96	20.55
EBIT	179.15	165.36	184.91	162.42	173.27	114.57
EBIT Margin	16.72%	15.55%	16.48%	15.95%	17.04%	15.94%
Effective Tax Rate	7.10%	8.66%	9.93%	7.45%	10.48%	6.51%
Revenue as Reported	1,072	1,063	1,122	1,019	1,017	718.75
Advertising Expenses	-	8.77	9.62	9.56	9.5	3.16

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