State Power Rixin Technology Co., Ltd. (SHE:301162)

SHE:301162 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	Dec 31, 2021	Dec 31, 2020
Operating Revenue	674.56	539.72	441.47	359.53	288.33	242.28
Other Revenue	10.04	10.04	14.76	-	11.82	5.94
Revenue	684.6	549.76	456.22	359.53	300.15	248.22
Revenue Growth (YoY)	33.64%	20.50%	26.89%	19.78%	20.92%	46.46%
Cost of Revenue	262.74	187.36	148.04	120.06	109.89	95.07
Gross Profit	421.86	362.4	308.18	239.47	190.26	153.15
Selling, General & Admin	208.77	194.71	163.76	124.25	85.42	62.88
Research & Development	85.76	82.45	84.7	61.48	38.89	27.02
Other Operating Expenses	0.94	-1.52	-3.37	-2.5	-3.24	-2.55
Operating Expenses	307.17	285.93	256.09	191.25	126.25	94.25
Operating Income	114.68	76.47	52.1	48.22	64	58.9
Interest Expense	-11.95	-3.8	-1.02	-0.33	-0.43	-
Interest & Investment Income	15.82	15.85	19.41	12.83	1.56	0.59
Currency Exchange Gain (Loss)	-0.02	-0.02	0.05	0	-0.03	-0.02
Other Non Operating Income (Expenses)	-1.36	-0.1	-0.5	-0.26	-0.02	0.15
EBT Excluding Unusual Items	117.17	88.4	70.04	60.46	65.08	59.61
Gain (Loss) on Sale of Investments	3.09	6.66	7.03	0.65	0.83	1.13
Gain (Loss) on Sale of Assets	0.28	-	0.1	-	0.18	-
Asset Writedown	-0.02	-0.1	-0.04	0.04	-0.04	-0.08
Other Unusual Items	2.44	1.67	6.33	4.41	-0.85	-0.05
Pretax Income	122.96	96.63	83.47	65.57	65.19	60.61
Income Tax Expense	4.82	2.01	1.55	-1.07	6.02	6.4
Earnings From Continuing Operations	118.14	94.61	81.91	66.64	59.17	54.21
Minority Interest in Earnings	-2.34	-1.03	2.33	0.45	0	0
Net Income	115.81	93.59	84.25	67.08	59.18	54.21
Net Income to Common	115.81	93.59	84.25	67.08	59.18	54.21
Net Income Growth	35.23%	11.09%	25.59%	13.36%	9.16%	48.80%
Shares Outstanding (Basic)	122	119	119	109	90	89
Shares Outstanding (Diluted)	123	121	122	110	90	89
Shares Change (YoY)	1.44%	-0.85%	10.45%	23.13%	0.28%	2.79%
EPS (Basic)	0.95	0.78	0.71	0.62	0.66	0.61
EPS (Diluted)	0.94	0.78	0.69	0.61	0.66	0.61
EPS Growth	33.30%	12.04%	13.71%	-7.93%	8.85%	45.67%
Free Cash Flow	-15.36	-83.1	31.87	53.46	40.31	35.77
Free Cash Flow Per Share	-0.13	-0.69	0.26	0.48	0.45	0.40
Dividend Per Share	0.622	0.392	0.375	0.327	0.268	-
Dividend Growth	65.79%	4.45%	14.54%	22.21%	-	-
Gross Margin	61.62%	65.92%	67.55%	66.61%	63.39%	61.70%
Operating Margin	16.75%	13.91%	11.42%	13.41%	21.32%	23.73%
Profit Margin	16.92%	17.02%	18.47%	18.66%	19.71%	21.84%
Free Cash Flow Margin	-2.24%	-15.12%	6.98%	14.87%	13.43%	14.41%
EBITDA	132.74	88.17	55.33	50.6	65.19	59.95
EBITDA Margin	19.39%	16.04%	12.13%	14.07%	21.72%	24.15%
D&A For EBITDA	18.05	11.7	3.24	2.38	1.19	1.06
EBIT	114.68	76.47	52.1	48.22	64	58.9
EBIT Margin	16.75%	13.91%	11.42%	13.41%	21.32%	23.73%
Effective Tax Rate	3.92%	2.08%	1.86%	-	9.24%	10.57%
Revenue as Reported	684.6	549.76	456.22	359.53	300.15	248.22
Advertising Expenses	-	2.52	1.76	1.62	1.03	0.8

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