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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	25,972	21,415	18,274	16,999	15,941	11,346
Other Revenue	783.18	783.18	452.52	384.77	220.01	131.9
Revenue	26,755	22,198	18,727	17,384	16,161	11,478
Revenue Growth (YoY)	24.89%	18.54%	7.72%	7.56%	40.80%	129.09%
Cost of Revenue	24,828	20,288	17,020	14,432	13,396	9,893
Gross Profit	1,928	1,910	1,706	2,952	2,765	1,585
Selling, General & Admin	923.32	991.89	893.88	1,551	1,454	1,210
Research & Development	701.11	605.61	552.93	512.44	577.4	396.87
Other Operating Expenses	-26.19	-65.31	-118.02	-20.57	-20.39	-62.84
Operating Expenses	1,418	1,500	1,364	2,452	2,205	1,549
Operating Income	509.35	410.35	341.94	500.2	559.94	36.06
Interest Expense	-5.25	-68.08	-77.41	-54.85	-18.31	-2.14
Interest & Investment Income	98.59	163.12	168.74	123.89	76.44	108.63
Currency Exchange Gain (Loss)	4.11	4.11	-0.84	0.32	0.07	-
Other Non Operating Income (Expenses)	-152.33	-19.36	-22.85	-19.48	-24.58	8.4
EBT Excluding Unusual Items	454.47	490.14	409.59	550.07	593.57	150.96
Gain (Loss) on Sale of Assets	0.66	0.49	-0.4	0	-0.01	-0.03
Asset Writedown	-26.9	-31.59	-37.58	-1.35	-5.31	-0.66
Other Unusual Items	101.23	62.1	50.86	57.38	17.62	-
Pretax Income	529.46	521.15	422.47	606.1	605.86	150.27
Income Tax Expense	76.27	52.97	6.05	-11.39	-5.91	-22.74
Earnings From Continuing Operations	453.19	468.18	416.42	617.5	611.77	173.01
Minority Interest in Earnings	-3.74	-3.35	-2.27	-0.8	-25.3	-0
Net Income	449.45	464.83	414.15	616.7	586.47	173.01
Net Income to Common	449.45	464.83	414.15	616.7	586.47	173.01
Net Income Growth	4.57%	12.24%	-32.84%	5.15%	238.99%	62.33%
Shares Outstanding (Basic)	762	697	690	617	553	469
Shares Outstanding (Diluted)	762	697	690	617	581	477
Shares Change (YoY)	10.90%	0.94%	11.92%	6.21%	21.67%	11.95%
EPS (Basic)	0.59	0.67	0.60	1.00	1.06	0.37
EPS (Diluted)	0.59	0.67	0.60	1.00	1.01	0.36
EPS Growth	-5.71%	11.19%	-40.00%	-0.99%	178.62%	45.00%
Free Cash Flow	335.62	466.9	171.23	-1,105	1,184	-1,377
Free Cash Flow Per Share	0.44	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	7.20%	8.60%	9.11%	16.98%	17.11%	13.81%
Operating Margin	1.90%	1.85%	1.83%	2.88%	3.46%	0.31%
Profit Margin	1.68%	2.09%	2.21%	3.55%	3.63%	1.51%
Free Cash Flow Margin	1.25%	2.10%	0.91%	-6.36%	7.32%	-12.00%
EBITDA	743.49	615.9	509.36	639.55	668.56	108.92
EBITDA Margin	2.78%	2.77%	2.72%	3.68%	4.14%	0.95%
D&A For EBITDA	234.15	205.55	167.42	139.35	108.62	72.85
EBIT	509.35	410.35	341.94	500.2	559.94	36.06
EBIT Margin	1.90%	1.85%	1.83%	2.88%	3.46%	0.31%
Effective Tax Rate	14.41%	10.16%	1.43%	-	-	-
Revenue as Reported	16,897	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.