Xi'an Triangle Defense Co.,Ltd (SHE:300775)

SHE:300775 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	1,452	1,568	2,235	1,844	1,157	600.7
Other Revenue	21.53	21.53	36.44	32.02	14.95	14.14
Revenue	1,474	1,590	2,271	1,876	1,172	614.85
Revenue Growth (YoY)	-12.59%	-30.02%	21.05%	60.06%	90.67%	0.16%
Cost of Revenue	868.63	1,080	1,318	1,027	635.17	344.44
Gross Profit	605.03	509.24	953.49	849.45	537.16	270.4
Selling, General & Admin	72.23	61.14	65.94	56.57	41.01	30.83
Research & Development	86.22	86.63	83.41	58.23	43.42	23.9
Other Operating Expenses	38.74	-8.2	22.55	11.02	0.95	1.16
Operating Expenses	151.04	157.66	220.27	157.99	79.08	69.72
Operating Income	453.99	351.59	733.22	691.46	458.08	200.68
Interest Expense	-32.05	-20.64	-7.34	-1.89	-	-
Interest & Investment Income	88.05	96.48	89.41	19.17	10.66	20.29
Currency Exchange Gain (Loss)	-	-	-	0	-0.07	-
Other Non Operating Income (Expenses)	3.91	1.92	-2.3	-0.05	-0.09	-0.07
EBT Excluding Unusual Items	513.89	429.35	812.98	708.7	468.59	220.9
Gain (Loss) on Sale of Investments	10.32	2.65	-	0.32	-	-
Gain (Loss) on Sale of Assets	-1.47	-0.03	-	-	0.11	-0.01
Asset Writedown	-8.98	-0.03	-0.64	-0.55	-1.81	-0.1
Other Unusual Items	10.31	2.93	51.46	8.5	9.97	11.02
Pretax Income	524.07	434.88	863.8	716.97	476.86	231.81
Income Tax Expense	67.4	54.83	116.8	92.29	64.57	27.4
Earnings From Continuing Operations	456.67	380.05	747	624.68	412.29	204.41
Net Income	456.67	380.05	747	624.68	412.29	204.41
Net Income to Common	456.67	380.05	747	624.68	412.29	204.41
Net Income Growth	6.30%	-49.12%	19.58%	51.51%	101.70%	6.36%
Shares Outstanding (Basic)	550	551	549	496	497	499
Shares Outstanding (Diluted)	550	551	549	496	497	499
Shares Change (YoY)	-0.33%	0.28%	10.79%	-0.19%	-0.36%	3.77%
EPS (Basic)	0.83	0.69	1.36	1.26	0.83	0.41
EPS (Diluted)	0.83	0.69	1.36	1.26	0.83	0.41
EPS Growth	6.65%	-49.27%	7.94%	51.81%	102.44%	2.50%
Free Cash Flow	-291.47	-983.27	-334.6	42.02	237.24	-235
Free Cash Flow Per Share	-0.53	-1.78	-0.61	0.09	0.48	-0.47
Dividend Per Share	0.200	0.200	0.182	0.100	0.090	0.083
Dividend Growth	9.89%	9.89%	82.00%	11.11%	8.43%	-58.50%
Gross Margin	41.06%	32.04%	41.98%	45.27%	45.82%	43.98%
Operating Margin	30.81%	22.12%	32.28%	36.85%	39.07%	32.64%
Profit Margin	30.99%	23.91%	32.89%	33.29%	35.17%	33.25%
Free Cash Flow Margin	-19.78%	-61.86%	-14.73%	2.24%	20.24%	-38.22%
EBITDA	514.36	408.15	784.69	735.37	494.4	232.06
EBITDA Margin	34.90%	25.68%	34.54%	39.19%	42.17%	37.74%
D&A For EBITDA	60.37	56.56	51.47	43.9	36.31	31.38
EBIT	453.99	351.59	733.22	691.46	458.08	200.68
EBIT Margin	30.81%	22.12%	32.28%	36.85%	39.07%	32.64%
Effective Tax Rate	12.86%	12.61%	13.52%	12.87%	13.54%	11.82%
Revenue as Reported	1,474	1,590	2,271	1,876	1,172	614.85

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