Wuxi Longsheng Technology Co.,Ltd (SHE:300680)

SHE:300680 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	Jan 1, 2021
Operating Revenue	2,330	2,290	1,751	1,082	881.03	554.07
Other Revenue	107.4	107.4	75.55	66.4	48.67	23.99
Revenue	2,437	2,397	1,827	1,148	929.7	578.06
Revenue Growth (YoY)	18.68%	31.21%	59.11%	23.51%	60.83%	42.19%
Cost of Revenue	2,010	1,978	1,517	937.08	716.24	427.44
Gross Profit	426.94	419.34	309.65	211.21	213.46	150.62
Selling, General & Admin	102.48	96.39	76.09	62.07	64.84	53.15
Research & Development	95.5	92.86	74.1	51.95	38.9	29.96
Other Operating Expenses	-21.3	-18.59	0.1	1.8	-0.71	-4.07
Operating Expenses	184.11	183.43	167.74	130.38	110	81.01
Operating Income	242.83	235.92	141.91	80.83	103.46	69.61
Interest Expense	-35.52	-34.55	-24.95	-20.84	-9.43	-9.32
Interest & Investment Income	8.85	6.32	17.26	5.62	5.03	1.55
Currency Exchange Gain (Loss)	1.42	1.42	-0.85	-0.97	-0.73	0.1
Other Non Operating Income (Expenses)	-0.52	-0.7	4.22	0.94	1.39	-0.5
EBT Excluding Unusual Items	217.05	208.41	137.6	65.58	99.72	61.44
Gain (Loss) on Sale of Investments	41.38	40.97	13.5	0.34	0.75	-
Gain (Loss) on Sale of Assets	0	0.23	0.22	-0.01	-0.06	-0.07
Asset Writedown	-0.38	-0.33	-0.01	-0	-	-0.01
Other Unusual Items	8.81	8.81	14.05	6.23	9.42	-
Pretax Income	266.86	258.09	165.36	72.13	109.81	61.35
Income Tax Expense	29.7	28.55	16.72	-0.02	12.12	7.02
Earnings From Continuing Operations	237.16	229.54	148.64	72.15	97.69	54.33
Minority Interest in Earnings	-6.79	-5.18	-1.81	3.43	-0.05	-0.66
Net Income	230.37	224.36	146.82	75.57	97.65	53.67
Net Income to Common	230.37	224.36	146.82	75.57	97.65	53.67
Net Income Growth	44.86%	52.81%	94.28%	-22.60%	81.94%	78.66%
Shares Outstanding (Basic)	228	228	230	207	203	188
Shares Outstanding (Diluted)	228	228	230	207	203	188
Shares Change (YoY)	-0.61%	-0.59%	11.09%	1.62%	8.29%	-1.76%
EPS (Basic)	1.01	0.98	0.64	0.37	0.48	0.29
EPS (Diluted)	1.01	0.98	0.64	0.37	0.48	0.29
EPS Growth	45.74%	53.72%	74.89%	-23.83%	68.01%	81.86%
Free Cash Flow	25.04	59.44	-143.43	-504.5	-184.25	-71.35
Free Cash Flow Per Share	0.11	0.26	-0.63	-2.44	-0.91	-0.38
Dividend Per Share	0.200	0.200	0.200	0.100	0.100	0.071
Dividend Growth	-	-	100.00%	-	40.06%	79.85%
Gross Margin	17.52%	17.49%	16.95%	18.39%	22.96%	26.06%
Operating Margin	9.96%	9.84%	7.77%	7.04%	11.13%	12.04%
Profit Margin	9.45%	9.36%	8.04%	6.58%	10.50%	9.28%
Free Cash Flow Margin	1.03%	2.48%	-7.85%	-43.94%	-19.82%	-12.34%
EBITDA	342.9	330.35	213.78	131.43	143.14	101.08
EBITDA Margin	14.07%	13.78%	11.70%	11.45%	15.40%	17.49%
D&A For EBITDA	100.08	94.44	71.87	50.6	39.68	31.47
EBIT	242.83	235.92	141.91	80.83	103.46	69.61
EBIT Margin	9.96%	9.84%	7.77%	7.04%	11.13%	12.04%
Effective Tax Rate	11.13%	11.06%	10.11%	-	11.04%	11.44%
Revenue as Reported	2,437	2,397	1,827	1,148	929.7	-

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