Yealink Network Technology Co., Ltd. (SHE:300628)

SHE:300628 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	5,647	5,606	4,334	4,805	3,681	2,752
Other Revenue	15.6	15.6	14.51	5.2	3.28	2.13
Revenue	5,663	5,621	4,348	4,811	3,684	2,754
Revenue Growth (YoY)	22.49%	29.28%	-9.62%	30.57%	33.76%	10.64%
Cost of Revenue	1,971	1,955	1,493	1,782	1,427	938.39
Gross Profit	3,692	3,666	2,855	3,028	2,258	1,816
Selling, General & Admin	460.19	447.69	408.74	367.17	286.66	225.65
Research & Development	561.87	559.35	499.07	495.64	364.68	291.42
Other Operating Expenses	72.65	63.62	46.57	51.24	27.36	26.13
Operating Expenses	1,093	1,071	956.67	915.11	687.26	548.8
Operating Income	2,599	2,596	1,899	2,113	1,570	1,267
Interest Expense	-0.38	-0.37	-1.21	-1.42	-1.24	-1.35
Interest & Investment Income	182.67	163.26	165.86	144.88	164.01	155.73
Currency Exchange Gain (Loss)	63.89	63.89	34.21	123.71	-19.74	-45.59
Other Non Operating Income (Expenses)	0.66	-4.21	-4.17	-2.14	-1.32	-1.36
EBT Excluding Unusual Items	2,846	2,818	2,093	2,378	1,712	1,375
Gain (Loss) on Sale of Investments	0.7	41.67	45.98	-29.13	21.94	-7.67
Gain (Loss) on Sale of Assets	-	-	-0	-0.13	0.04	0.08
Asset Writedown	-2.2	-0.06	-0.13	-	-	-
Other Unusual Items	42.69	35.34	41.21	26.5	35.2	35.49
Pretax Income	2,887	2,895	2,180	2,376	1,769	1,402
Income Tax Expense	245.68	247.27	170.06	197.93	153.1	123.7
Net Income	2,641	2,648	2,010	2,178	1,616	1,279
Net Income to Common	2,641	2,648	2,010	2,178	1,616	1,279
Net Income Growth	22.51%	31.72%	-7.69%	34.75%	26.38%	3.52%
Shares Outstanding (Basic)	1,264	1,264	1,264	1,264	1,258	1,254
Shares Outstanding (Diluted)	1,266	1,265	1,264	1,265	1,261	1,256
Shares Change (YoY)	0.14%	0.11%	-0.09%	0.33%	0.34%	0.07%
EPS (Basic)	2.09	2.10	1.59	1.72	1.28	1.02
EPS (Diluted)	2.09	2.09	1.59	1.72	1.28	1.02
EPS Growth	22.34%	31.57%	-7.61%	34.30%	25.95%	3.45%
Free Cash Flow	2,524	2,369	1,614	1,465	810.53	979.45
Free Cash Flow Per Share	1.99	1.87	1.28	1.16	0.64	0.78
Dividend Per Share	1.900	1.900	1.400	0.929	0.571	0.464
Dividend Growth	35.71%	35.71%	50.77%	62.51%	23.07%	8.33%
Gross Margin	65.20%	65.22%	65.67%	62.95%	61.28%	65.93%
Operating Margin	45.90%	46.17%	43.66%	43.93%	42.62%	46.00%
Profit Margin	46.64%	47.10%	46.23%	45.27%	43.86%	46.43%
Free Cash Flow Margin	44.57%	42.14%	37.11%	30.45%	22.00%	35.56%
EBITDA	2,679	2,672	1,962	2,169	1,604	1,295
EBITDA Margin	47.30%	47.54%	45.13%	45.09%	43.54%	47.03%
D&A For EBITDA	79.83	76.62	63.76	55.59	33.78	28.37
EBIT	2,599	2,596	1,899	2,113	1,570	1,267
EBIT Margin	45.90%	46.17%	43.66%	43.93%	42.62%	46.00%
Effective Tax Rate	8.51%	8.54%	7.80%	8.33%	8.65%	8.82%
Revenue as Reported	5,663	5,621	4,348	4,811	3,684	2,754

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.