Xiangyang BOYA Precision Industrial Equipments Co., Ltd (SHE:300971)

SHE:300971 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	378.16	384.16	426.21	411.69	389.31	360.83
Other Revenue	1.25	1.25	1.48	2.91	3.19	3.32
Revenue	379.41	385.41	427.7	414.59	392.49	364.15
Revenue Growth (YoY)	-9.63%	-9.89%	3.16%	5.63%	7.78%	23.18%
Cost of Revenue	220.16	220.93	254.9	259.71	206.08	178.63
Gross Profit	159.25	164.48	172.8	154.88	186.41	185.51
Selling, General & Admin	82.26	78.56	72.71	66.64	64.47	56.94
Research & Development	46.63	46.1	47.24	46.28	37.57	34.63
Other Operating Expenses	1.19	-4.5	-7.8	-16.2	-0.91	-2.74
Operating Expenses	133.4	125.26	114.84	101.23	104.21	91.89
Operating Income	25.85	39.22	57.95	53.66	82.2	93.62
Interest Expense	-1.29	-1.19	-0.68	-1.54	-1.22	-1.75
Interest & Investment Income	2.16	2.49	6.41	3.48	1.55	0.47
Currency Exchange Gain (Loss)	0.26	0.26	0.2	-0.05	0.26	0.01
Other Non Operating Income (Expenses)	0.41	-0.14	-0.16	-0.49	-0.15	-0.21
EBT Excluding Unusual Items	27.38	40.65	63.72	55.06	82.63	92.14
Gain (Loss) on Sale of Investments	1.07	1.22	1.34	2.26	1.49	-
Gain (Loss) on Sale of Assets	0.03	0.08	0.36	0.06	0.12	-0
Other Unusual Items	4.27	4.16	5.24	11.18	11.05	2.9
Pretax Income	32.75	46.1	70.65	68.55	95.29	95.04
Income Tax Expense	3.62	5.17	5.01	3.94	10.39	10.92
Earnings From Continuing Operations	29.14	40.93	65.65	64.6	84.9	84.12
Minority Interest in Earnings	2.48	2.86	0.61	-2.71	0.88	-0.33
Net Income	31.61	43.79	66.26	61.9	85.77	83.79
Net Income to Common	31.61	43.79	66.26	61.9	85.77	83.79
Net Income Growth	-50.82%	-33.91%	7.05%	-27.84%	2.36%	15.32%
Shares Outstanding (Basic)	121	118	117	117	108	88
Shares Outstanding (Diluted)	121	118	117	117	108	88
Shares Change (YoY)	6.53%	0.42%	0.27%	8.24%	22.64%	-0.29%
EPS (Basic)	0.26	0.37	0.56	0.53	0.79	0.95
EPS (Diluted)	0.26	0.37	0.56	0.53	0.79	0.95
EPS Growth	-53.84%	-34.18%	6.75%	-33.33%	-16.54%	15.66%
Free Cash Flow	47.54	41.34	-36.55	72.05	56.05	39.77
Free Cash Flow Per Share	0.39	0.35	-0.31	0.61	0.52	0.45
Dividend Per Share	0.179	0.179	0.179	0.179	0.286	0.286
Dividend Growth	-	-	-	-37.49%	-	-
Gross Margin	41.97%	42.68%	40.40%	37.36%	47.49%	50.94%
Operating Margin	6.81%	10.18%	13.55%	12.94%	20.94%	25.71%
Profit Margin	8.33%	11.36%	15.49%	14.93%	21.85%	23.01%
Free Cash Flow Margin	12.53%	10.73%	-8.55%	17.38%	14.28%	10.92%
EBITDA	58.29	70.14	82.74	75.62	103.55	113.01
EBITDA Margin	15.37%	18.20%	19.35%	18.24%	26.38%	31.03%
D&A For EBITDA	32.45	30.91	24.79	21.97	21.35	19.39
EBIT	25.85	39.22	57.95	53.66	82.2	93.62
EBIT Margin	6.81%	10.18%	13.55%	12.94%	20.94%	25.71%
Effective Tax Rate	11.04%	11.21%	7.09%	5.75%	10.91%	11.49%
Revenue as Reported	379.41	385.41	427.7	414.59	392.49	364.15
Advertising Expenses	-	0.78	1.63	2	1.1	1.12

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