ShenZhen QiangRui Precision Technology Co., Ltd. (SHE:301128)

SHE:301128 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	1,706	1,119	670.62	454.61	418.26	417.43
Other Revenue	7.54	7.54	3.6	2.01	4.21	2.73
Revenue	1,713	1,127	674.22	456.62	422.47	420.17
Revenue Growth (YoY)	62.78%	67.09%	47.65%	8.08%	0.55%	20.96%
Cost of Revenue	1,296	811.18	489.75	325.41	276.12	270.12
Gross Profit	417.12	315.35	184.47	131.21	146.36	150.05
Selling, General & Admin	97.12	83.97	67.11	61.04	45.82	42.32
Research & Development	118.67	103.01	70.66	51.48	44.04	34.5
Other Operating Expenses	5.07	0.17	0.57	2.11	2.27	2.94
Operating Expenses	236.91	196.94	144.34	115.56	93.11	81.23
Operating Income	180.21	118.4	40.13	15.65	53.24	68.82
Interest Expense	-8.4	-4.1	-2.89	-0.68	-0.57	-
Interest & Investment Income	4.13	6.89	9.1	11.25	3.62	2.05
Currency Exchange Gain (Loss)	0.2	0.2	0.26	-	-	-0
Other Non Operating Income (Expenses)	-0.81	-0.43	-0.3	0.46	-0.44	-0.22
EBT Excluding Unusual Items	175.33	120.96	46.3	26.68	55.86	70.64
Gain (Loss) on Sale of Investments	0.58	0.58	7.7	0.85	-	-
Gain (Loss) on Sale of Assets	-1.44	-1.72	0.49	-0.48	-0.27	-0.15
Asset Writedown	-14	-	-	-	-	-
Other Unusual Items	10.09	4.56	5.14	9.48	2.58	5.89
Pretax Income	171.04	124.86	59.63	36.53	58.17	76.37
Income Tax Expense	6.74	5.57	-0.65	-1.88	3	12.09
Earnings From Continuing Operations	164.31	119.28	60.28	38.41	55.17	64.29
Minority Interest in Earnings	-30.2	-21.74	-4.54	0.01	-	-
Net Income	134.11	97.55	55.75	38.42	55.17	64.29
Net Income to Common	134.11	97.55	55.75	38.42	55.17	64.29
Net Income Growth	41.57%	74.99%	45.10%	-30.36%	-14.18%	4.42%
Shares Outstanding (Basic)	126	103	103	103	80	78
Shares Outstanding (Diluted)	126	103	103	103	80	78
Shares Change (YoY)	54.55%	0.00%	-0.00%	29.77%	2.75%	9.01%
EPS (Basic)	1.07	0.94	0.54	0.37	0.69	0.83
EPS (Diluted)	1.07	0.94	0.54	0.37	0.69	0.83
EPS Growth	-8.40%	74.99%	45.10%	-46.34%	-16.47%	-4.21%
Free Cash Flow	-79.56	-20.51	-25.64	-19.01	-8.54	-3.8
Free Cash Flow Per Share	-0.63	-0.20	-0.25	-0.18	-0.11	-0.05
Dividend Per Share	0.429	0.429	0.500	0.357	0.357	-
Dividend Growth	-14.28%	-14.28%	40.02%	-	-	-
Gross Margin	24.35%	27.99%	27.36%	28.74%	34.64%	35.71%
Operating Margin	10.52%	10.51%	5.95%	3.43%	12.60%	16.38%
Profit Margin	7.83%	8.66%	8.27%	8.41%	13.06%	15.30%
Free Cash Flow Margin	-4.64%	-1.82%	-3.80%	-4.16%	-2.02%	-0.90%
EBITDA	210.71	145.43	62.52	31.5	63.65	75.07
EBITDA Margin	12.30%	12.91%	9.27%	6.90%	15.07%	17.87%
D&A For EBITDA	30.5	27.02	22.39	15.85	10.4	6.25
EBIT	180.21	118.4	40.13	15.65	53.24	68.82
EBIT Margin	10.52%	10.51%	5.95%	3.43%	12.60%	16.38%
Effective Tax Rate	3.94%	4.46%	-	-	5.15%	15.83%
Revenue as Reported	1,713	1,127	674.22	456.62	422.47	420.17
Advertising Expenses	-	0.08	0.05	0.18	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.