GL Tech Co.,Ltd (SHE:300480)

GL Tech Co.,Ltd 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	567.35	560.08	648.9	603.84	517.08	293.01
Other Revenue	13.21	13.21	11.93	10.66	13.16	18.29
Revenue	580.56	573.3	660.83	614.5	530.24	311.3
Revenue Growth (YoY)	-12.48%	-13.25%	7.54%	15.89%	70.33%	4.94%
Cost of Revenue	249.57	250.53	308.92	288.37	249.18	116.47
Gross Profit	330.99	322.77	351.92	326.13	281.05	194.84
Selling, General & Admin	189.39	190.81	173.67	165.77	135.57	81.94
Research & Development	119.9	118.97	105.87	88.12	62.2	41.67
Other Operating Expenses	-3.72	-7.12	-8.31	-2.98	-3.52	-8.92
Operating Expenses	314.27	311.37	275.92	249.89	189.12	117.54
Operating Income	16.72	11.4	75.99	76.24	91.94	77.29
Interest Expense	-17.34	-17.44	-4.63	-7.78	-7.49	-1.67
Interest & Investment Income	7.33	8.25	5.01	6.69	42.37	1.1
Currency Exchange Gain (Loss)	-0.91	-0.91	1.09	4.27	-1.82	-0.09
Other Non Operating Income (Expenses)	-3.1	-2.95	4.93	-5.64	-2.24	-0.6
EBT Excluding Unusual Items	2.7	-1.65	82.39	73.78	122.76	76.03
Impairment of Goodwill	-97.82	-97.82	-3.9	-2.77	-5.28	-1.4
Gain (Loss) on Sale of Investments	-	-	-0.01	-4.72	-	-11.22
Gain (Loss) on Sale of Assets	-0.21	-0.21	-	0.01	0.05	0.05
Asset Writedown	-0.4	-0.08	-0.02	-0.03	-0.61	-0.47
Other Unusual Items	11.46	11.45	3.13	14.24	9.64	10.18
Pretax Income	-84.28	-88.31	81.59	80.51	127.35	73.16
Income Tax Expense	22.6	20.98	12.2	13.25	7.48	12.82
Earnings From Continuing Operations	-106.88	-109.29	69.39	67.27	119.87	60.34
Minority Interest in Earnings	-3.33	-3.79	-0.15	-2.15	-1.89	-0.99
Net Income	-110.22	-113.08	69.24	65.11	117.98	59.35
Net Income to Common	-110.22	-113.08	69.24	65.11	117.98	59.35
Net Income Growth	-	-	6.33%	-44.81%	98.78%	5.76%
Shares Outstanding (Basic)	349	353	346	343	337	321
Shares Outstanding (Diluted)	349	353	364	343	337	321
Shares Change (YoY)	-4.87%	-3.03%	6.33%	1.67%	4.90%	1.35%
EPS (Basic)	-0.32	-0.32	0.20	0.19	0.35	0.18
EPS (Diluted)	-0.32	-0.32	0.19	0.19	0.35	0.18
EPS Growth	-	-	-	-45.71%	89.50%	4.35%
Free Cash Flow	-154.59	-138.27	-123.35	-43.26	43.55	10.49
Free Cash Flow Per Share	-0.44	-0.39	-0.34	-0.13	0.13	0.03
Dividend Per Share	0.050	0.050	0.200	-	0.077	-
Dividend Growth	-75.00%	-75.00%	-	-	-	-
Gross Margin	57.01%	56.30%	53.25%	53.07%	53.01%	62.59%
Operating Margin	2.88%	1.99%	11.50%	12.41%	17.34%	24.83%
Profit Margin	-18.98%	-19.73%	10.48%	10.60%	22.25%	19.06%
Free Cash Flow Margin	-26.63%	-24.12%	-18.67%	-7.04%	8.21%	3.37%
EBITDA	44.93	37.71	94.76	91.64	106.49	89.37
EBITDA Margin	7.74%	6.58%	14.34%	14.91%	20.08%	28.71%
D&A For EBITDA	28.21	26.32	18.76	15.4	14.55	12.07
EBIT	16.72	11.4	75.99	76.24	91.94	77.29
EBIT Margin	2.88%	1.99%	11.50%	12.41%	17.34%	24.83%
Effective Tax Rate	-	-	14.96%	16.45%	5.88%	17.52%
Revenue as Reported	580.56	573.3	660.83	614.5	530.24	311.3

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