Beijing Advanced Digital Technology Co., Ltd (SHE:300541)

SHE:300541 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,976	2,220	2,738	2,805	3,914	4,493
Revenue Growth (YoY)	10.82%	-18.92%	-2.41%	-28.32%	-12.90%	150.65%
Cost of Revenue	2,524	1,828	2,257	2,374	3,513	4,151
Gross Profit	451.93	391.82	480.4	431.59	401.01	341.78
Selling, General & Admin	218.66	207.92	188	165.4	152.7	130.01
Research & Development	79.2	88.08	89.32	84.01	85.75	64.78
Other Operating Expenses	4.22	3.41	9.34	6.47	12.15	4.57
Operating Expenses	303.79	310.77	311.83	261.64	253.38	201.73
Operating Income	148.14	81.05	168.58	169.95	147.63	140.05
Interest Expense	-22.2	-13.81	-6.22	-24.31	-31.36	-27.38
Interest & Investment Income	1.24	1.8	1.46	1	0.99	1.59
Earnings From Equity Investments	1.07	-9.34	8.72	-26.34	62.05	60.49
Currency Exchange Gain (Loss)	0	0	0.01	0.31	-0.03	-0
Other Non Operating Income (Expenses)	-0.55	-3.64	-2.15	-1.59	-4.64	-4.03
EBT Excluding Unusual Items	127.7	56.07	170.39	119.03	174.63	170.73
Gain (Loss) on Sale of Investments	-1.25	-1.25	-	-	-	-
Asset Writedown	-25.88	-24.18	-0.04	-0.04	-0.01	-0.2
Other Unusual Items	0.85	0.85	3.3	2.7	-	0.29
Pretax Income	101.42	31.49	173.65	121.69	174.62	170.82
Income Tax Expense	10.47	-6.97	15.74	15.16	18.84	32.67
Earnings From Continuing Operations	90.96	38.47	157.9	106.53	155.78	138.14
Minority Interest in Earnings	0.91	-0	-	-	-	-
Net Income	91.87	38.47	157.9	106.53	155.78	138.14
Net Income to Common	91.87	38.47	157.9	106.53	155.78	138.14
Net Income Growth	4.06%	-75.64%	48.22%	-31.61%	12.77%	94.93%
Shares Outstanding (Basic)	443	427	405	396	397	399
Shares Outstanding (Diluted)	443	427	405	396	397	399
Shares Change (YoY)	9.57%	5.56%	2.31%	-0.34%	-0.48%	-0.06%
EPS (Basic)	0.21	0.09	0.39	0.27	0.39	0.35
EPS (Diluted)	0.21	0.09	0.39	0.27	0.39	0.35
EPS Growth	-5.03%	-76.92%	44.87%	-31.38%	13.32%	95.04%
Free Cash Flow	-477.46	289.71	-152.57	-17	272.85	284.19
Free Cash Flow Per Share	-1.08	0.68	-0.38	-0.04	0.69	0.71
Dividend Per Share	0.018	0.018	0.092	0.077	0.061	0.053
Dividend Growth	-80.50%	-80.50%	20.03%	25.04%	15.60%	67.30%
Gross Margin	15.19%	17.65%	17.55%	15.38%	10.25%	7.61%
Operating Margin	4.98%	3.65%	6.16%	6.06%	3.77%	3.12%
Profit Margin	3.09%	1.73%	5.77%	3.80%	3.98%	3.08%
Free Cash Flow Margin	-16.05%	13.05%	-5.57%	-0.61%	6.97%	6.33%
EBITDA	161.04	91.95	176.81	177.84	154.55	144.8
EBITDA Margin	5.41%	4.14%	6.46%	6.34%	3.95%	3.22%
D&A For EBITDA	12.9	10.9	8.24	7.89	6.92	4.74
EBIT	148.14	81.05	168.58	169.95	147.63	140.05
EBIT Margin	4.98%	3.65%	6.16%	6.06%	3.77%	3.12%
Effective Tax Rate	10.32%	-	9.07%	12.46%	10.79%	19.13%
Revenue as Reported	2,976	2,220	2,738	-	-	4,493

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