Windey Energy Technology Group Co., Ltd. (SHE:300772)

SHE:300772 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	23,619	21,415	18,274	16,999	15,941	11,346
Other Revenue	845.36	783.18	452.52	384.77	220.01	131.9
Revenue	24,464	22,198	18,727	17,384	16,161	11,478
Revenue Growth (YoY)	20.40%	18.54%	7.72%	7.56%	40.80%	129.09%
Cost of Revenue	22,373	20,288	17,020	14,432	13,396	9,893
Gross Profit	2,092	1,910	1,706	2,952	2,765	1,585
Selling, General & Admin	1,100	991.89	893.88	1,551	1,454	1,210
Research & Development	641.23	605.61	552.93	512.44	577.4	396.87
Other Operating Expenses	-30.87	-65.31	-118.02	-20.57	-20.39	-62.84
Operating Expenses	1,729	1,500	1,364	2,452	2,205	1,549
Operating Income	362.41	410.35	341.94	500.2	559.94	36.06
Interest Expense	-56.69	-68.08	-77.41	-54.85	-18.31	-2.14
Interest & Investment Income	171.07	163.12	168.74	123.89	76.44	108.63
Currency Exchange Gain (Loss)	7.46	4.11	-0.84	0.32	0.07	-
Other Non Operating Income (Expenses)	-22.53	-19.36	-22.85	-19.48	-24.58	8.4
EBT Excluding Unusual Items	461.72	490.14	409.59	550.07	593.57	150.96
Gain (Loss) on Sale of Assets	0.56	0.49	-0.4	0	-0.01	-0.03
Asset Writedown	-31.53	-31.59	-37.58	-1.35	-5.31	-0.66
Other Unusual Items	81.7	62.1	50.86	57.38	17.62	-
Pretax Income	512.46	521.15	422.47	606.1	605.86	150.27
Income Tax Expense	46.78	52.97	6.05	-11.39	-5.91	-22.74
Earnings From Continuing Operations	465.68	468.18	416.42	617.5	611.77	173.01
Minority Interest in Earnings	-4.72	-3.35	-2.27	-0.8	-25.3	-0
Net Income	460.96	464.83	414.15	616.7	586.47	173.01
Net Income to Common	460.96	464.83	414.15	616.7	586.47	173.01
Net Income Growth	11.52%	12.24%	-32.84%	5.15%	238.99%	62.33%
Shares Outstanding (Basic)	740	697	690	617	553	469
Shares Outstanding (Diluted)	740	697	690	617	581	477
Shares Change (YoY)	7.49%	0.94%	11.92%	6.21%	21.67%	11.95%
EPS (Basic)	0.62	0.67	0.60	1.00	1.06	0.37
EPS (Diluted)	0.62	0.67	0.60	1.00	1.01	0.36
EPS Growth	3.75%	11.19%	-40.00%	-0.99%	178.62%	45.00%
Free Cash Flow	873.52	466.9	171.23	-1,105	1,184	-1,377
Free Cash Flow Per Share	1.18	0.67	0.25	-1.79	2.04	-2.89
Dividend Per Share	0.060	0.060	0.050	0.100	0.156	-
Dividend Growth	20.00%	20.00%	-50.00%	-36.02%	-	-
Gross Margin	8.55%	8.60%	9.11%	16.98%	17.11%	13.81%
Operating Margin	1.48%	1.85%	1.83%	2.88%	3.46%	0.31%
Profit Margin	1.88%	2.09%	2.21%	3.55%	3.63%	1.51%
Free Cash Flow Margin	3.57%	2.10%	0.91%	-6.36%	7.32%	-12.00%
EBITDA	583.19	615.9	509.36	639.55	668.56	108.92
EBITDA Margin	2.38%	2.77%	2.72%	3.68%	4.14%	0.95%
D&A For EBITDA	220.78	205.55	167.42	139.35	108.62	72.85
EBIT	362.41	410.35	341.94	500.2	559.94	36.06
EBIT Margin	1.48%	1.85%	1.83%	2.88%	3.46%	0.31%
Effective Tax Rate	9.13%	10.16%	1.43%	-	-	-
Revenue as Reported	22,198	22,198	18,727	17,384	16,161	11,478
Advertising Expenses	-	3.21	2.14	2.18	2.45	2.49

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