Chaozhou Three-Circle (Group) Co.,Ltd. (SHE:300408)

SHE:300408 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	7,536	7,266	5,682	5,089	6,182	3,968
Other Revenue	108.86	108.86	45.16	60.66	36.22	25.85
Revenue	7,645	7,375	5,727	5,149	6,218	3,994
Revenue Growth (YoY)	25.30%	28.78%	11.21%	-17.19%	55.69%	46.49%
Cost of Revenue	4,385	4,240	3,451	2,956	3,205	1,989
Gross Profit	3,259	3,135	2,275	2,193	3,013	2,005
Selling, General & Admin	499.25	480.66	499.02	528.85	495.57	329.54
Research & Development	601.1	583.07	545.81	452.17	418.54	239.11
Other Operating Expenses	0.07	14.69	35.3	57.68	57.48	44.34
Operating Expenses	1,110	1,091	1,103	1,021	989.27	640.36
Operating Income	2,150	2,044	1,172	1,172	2,024	1,365
Interest Expense	-24.88	-27.7	-22.49	-8.9	-5.62	-3.38
Interest & Investment Income	223.82	220.71	231.48	252.31	178.21	191.22
Currency Exchange Gain (Loss)	-1.79	-1.79	10.04	29.75	0.3	21.35
Other Non Operating Income (Expenses)	-9.1	-1.8	29.96	-15.08	-9.38	1.47
EBT Excluding Unusual Items	2,338	2,234	1,421	1,430	2,187	1,575
Impairment of Goodwill	-	-	-	-	-	-13.37
Gain (Loss) on Sale of Investments	50.9	49.77	55.02	20.01	-	-
Gain (Loss) on Sale of Assets	2.14	-1.34	1.93	-0.98	-3.85	8.15
Asset Writedown	-9.46	-9.46	-3.53	-4.33	-27.61	-0.01
Other Unusual Items	248.46	246.31	308.45	221.52	147.91	108.5
Pretax Income	2,630	2,519	1,783	1,666	2,304	1,679
Income Tax Expense	340.36	328.71	199.7	160.21	290.22	236.98
Earnings From Continuing Operations	2,289	2,190	1,583	1,506	2,013	1,442
Minority Interest in Earnings	0.66	0.22	-2.16	-1.4	-2.5	-2.06
Net Income	2,290	2,190	1,581	1,505	2,011	1,440
Net Income to Common	2,290	2,190	1,581	1,505	2,011	1,440
Net Income Growth	35.19%	38.55%	5.07%	-25.17%	39.68%	65.23%
Shares Outstanding (Basic)	1,926	1,921	1,928	1,905	1,828	1,756
Shares Outstanding (Diluted)	1,926	1,921	1,928	1,905	1,828	1,756
Shares Change (YoY)	-0.09%	-0.34%	1.23%	4.20%	4.13%	0.75%
EPS (Basic)	1.19	1.14	0.82	0.79	1.10	0.82
EPS (Diluted)	1.19	1.14	0.82	0.79	1.10	0.82
EPS Growth	35.31%	39.02%	3.80%	-28.18%	34.15%	64.00%
Free Cash Flow	1,929	1,764	1,173	949.06	-756.04	10.68
Free Cash Flow Per Share	1.00	0.92	0.61	0.50	-0.41	0.01
Dividend Per Share	0.380	0.380	0.280	0.250	0.320	0.250
Dividend Growth	35.71%	35.71%	12.00%	-21.88%	28.00%	25.00%
Gross Margin	42.64%	42.51%	39.73%	42.59%	48.45%	50.20%
Operating Margin	28.12%	27.72%	20.46%	22.76%	32.54%	34.17%
Profit Margin	29.96%	29.70%	27.61%	29.22%	32.34%	36.04%
Free Cash Flow Margin	25.23%	23.92%	20.48%	18.43%	-12.16%	0.27%
EBITDA	2,803	2,686	1,766	1,696	2,396	1,639
EBITDA Margin	36.67%	36.42%	30.84%	32.95%	38.53%	41.03%
D&A For EBITDA	653.29	641.42	593.95	524.49	372.52	274.21
EBIT	2,150	2,044	1,172	1,172	2,024	1,365
EBIT Margin	28.12%	27.72%	20.46%	22.76%	32.54%	34.17%
Effective Tax Rate	12.94%	13.05%	11.20%	9.62%	12.60%	14.12%
Revenue as Reported	7,645	7,375	5,727	5,149	6,218	3,994

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.