Victory Giant Technology (HuiZhou)Co.,Ltd. (SHE:300476)

SHE:300476 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	Jan 1, 2022	Dec 31, 2020
Operating Revenue	14,533	10,051	7,459	7,491	6,955	5,326
Other Revenue	374.26	680.71	472.67	393.79	477.49	273.42
Revenue	14,907	10,731	7,931	7,885	7,432	5,600
Revenue Growth (YoY)	63.52%	35.31%	0.58%	6.10%	32.72%	44.15%
Cost of Revenue	10,248	8,312	6,308	6,485	5,937	4,279
Gross Profit	4,659	2,420	1,623	1,400	1,495	1,321
Selling, General & Admin	655.27	587.09	418.67	367.12	343.92	315.22
Research & Development	604.93	449.83	348.3	287.48	297.43	221.12
Other Operating Expenses	43.71	60.19	52.13	48.06	27.56	21.65
Operating Expenses	1,332	1,092	829.71	579.53	692.09	601.36
Operating Income	3,327	1,328	793.56	820.58	802.46	719.16
Interest Expense	-118.86	-110.43	-85.3	-92.65	-91.43	-58.7
Interest & Investment Income	12.92	22.97	63.69	50.74	35.72	1.9
Currency Exchange Gain (Loss)	46.22	78.16	11.73	111.05	-27.99	-85.39
Other Non Operating Income (Expenses)	7.59	0.08	-7.2	-3.51	-4.9	-4.55
EBT Excluding Unusual Items	3,275	1,318	776.48	886.2	713.86	572.41
Gain (Loss) on Sale of Investments	0.34	-3.49	2.35	0.21	-19.42	20.35
Gain (Loss) on Sale of Assets	-44.43	-47.6	-6.2	-3.77	7.49	-5.39
Asset Writedown	-41.2	-16.4	-0.28	-0.17	-8.16	-3.58
Other Unusual Items	55.67	60.88	-23.13	14.8	43.3	7.83
Pretax Income	3,245	1,312	749.21	897.26	737.06	591.63
Income Tax Expense	406.47	157.39	77.87	106.62	66.63	72.74
Net Income	2,839	1,154	671.35	790.65	670.42	518.89
Net Income to Common	2,839	1,154	671.35	790.65	670.42	518.89
Net Income Growth	261.21%	71.96%	-15.09%	17.93%	29.20%	12.13%
Shares Outstanding (Basic)	857	862	861	859	780	774
Shares Outstanding (Diluted)	857	862	861	859	780	774
Shares Change (YoY)	-0.69%	0.10%	0.15%	10.24%	0.66%	0.42%
EPS (Basic)	3.31	1.34	0.78	0.92	0.86	0.67
EPS (Diluted)	3.31	1.34	0.78	0.92	0.86	0.67
EPS Growth	263.73%	71.80%	-15.22%	6.98%	28.36%	11.67%
Free Cash Flow	-720.15	524.49	635.22	179.67	-744.95	-1,138
Free Cash Flow Per Share	-0.84	0.61	0.74	0.21	-0.96	-1.47
Dividend Per Share	0.300	0.300	0.190	0.190	0.192	0.190
Dividend Growth	58.07%	58.07%	-	-1.05%	1.07%	-
Gross Margin	31.25%	22.55%	20.47%	17.76%	20.11%	23.58%
Operating Margin	22.32%	12.37%	10.01%	10.41%	10.80%	12.84%
Profit Margin	19.04%	10.76%	8.46%	10.03%	9.02%	9.27%
Free Cash Flow Margin	-4.83%	4.89%	8.01%	2.28%	-10.02%	-20.32%
EBITDA	4,151	2,064	1,418	1,409	1,235	1,046
EBITDA Margin	27.84%	19.24%	17.88%	17.88%	16.62%	18.68%
D&A For EBITDA	824.07	736.73	624.9	588.92	432.77	327
EBIT	3,327	1,328	793.56	820.58	802.46	719.16
EBIT Margin	22.32%	12.37%	10.01%	10.41%	10.80%	12.84%
Effective Tax Rate	12.53%	12.00%	10.39%	11.88%	9.04%	12.29%
Revenue as Reported	14,907	10,731	7,931	7,885	7,432	5,600
Advertising Expenses	-	14.51	9.51	5.25	5.29	6.94

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