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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	581.26	539.72	441.47	359.53	288.33	242.28
Other Revenue	10.04	10.04	14.76	-	11.82	5.94
Revenue	591.3	549.76	456.22	359.53	300.15	248.22
Revenue Growth (YoY)	23.86%	20.50%	26.89%	19.78%	20.92%	46.46%
Cost of Revenue	215.05	187.36	148.04	120.06	109.89	95.07
Gross Profit	376.25	362.4	308.18	239.47	190.26	153.15
Selling, General & Admin	197.57	194.71	163.76	124.25	85.42	62.88
Research & Development	81.99	82.45	84.7	61.48	38.89	27.02
Other Operating Expenses	-2.6	-1.52	-3.37	-2.5	-3.24	-2.55
Operating Expenses	286.73	285.93	256.09	191.25	126.25	94.25
Operating Income	89.52	76.47	52.1	48.22	64	58.9
Interest Expense	-5.67	-3.8	-1.02	-0.33	-0.43	-
Interest & Investment Income	14.59	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)	-0.03	-0.1	-0.5	-0.26	-0.02	0.15
EBT Excluding Unusual Items	98.39	88.4	70.04	60.46	65.08	59.61
Gain (Loss) on Sale of Investments	2.02	6.66	7.03	0.65	0.83	1.13
Gain (Loss) on Sale of Assets	0.23	-	0.1	-	0.18	-
Asset Writedown	-0.07	-0.1	-0.04	0.04	-0.04	-0.08
Other Unusual Items	1.27	1.67	6.33	4.41	-0.85	-0.05
Pretax Income	101.84	96.63	83.47	65.57	65.19	60.61
Income Tax Expense	2.21	2.01	1.55	-1.07	6.02	6.4
Earnings From Continuing Operations	99.63	94.61	81.91	66.64	59.17	54.21
Minority Interest in Earnings	-1.78	-1.03	2.33	0.45	0	0
Net Income	97.86	93.59	84.25	67.08	59.18	54.21
Net Income to Common	97.86	93.59	84.25	67.08	59.18	54.21
Net Income Growth	13.53%	11.09%	25.59%	13.36%	9.16%	48.80%
Shares Outstanding (Basic)	118	119	119	109	90	89
Shares Outstanding (Diluted)	119	121	122	110	90	89
Shares Change (YoY)	-4.10%	-0.85%	10.45%	23.13%	0.28%	2.79%
EPS (Basic)	0.83	0.78	0.71	0.62	0.66	0.61
EPS (Diluted)	0.82	0.78	0.69	0.61	0.66	0.61
EPS Growth	18.39%	12.04%	13.71%	-7.93%	8.85%	45.67%
Free Cash Flow	-69.01	-83.1	31.87	53.46	40.31	35.77
Free Cash Flow Per Share	-0.58	-0.69	0.26	0.48	0.45	0.40
Dividend Per Share	0.392	0.392	0.375	0.327	0.268	-
Dividend Growth	4.45%	4.45%	14.54%	22.21%	-	-
Gross Margin	63.63%	65.92%	67.55%	66.61%	63.39%	61.70%
Operating Margin	15.14%	13.91%	11.42%	13.41%	21.32%	23.73%
Profit Margin	16.55%	17.02%	18.47%	18.66%	19.71%	21.84%
Free Cash Flow Margin	-11.67%	-15.12%	6.98%	14.87%	13.43%	14.41%
EBITDA	103.34	88.17	55.33	50.6	65.19	59.95
EBITDA Margin	17.48%	16.04%	12.13%	14.07%	21.72%	24.15%
D&A For EBITDA	13.82	11.7	3.24	2.38	1.19	1.06
EBIT	89.52	76.47	52.1	48.22	64	58.9
EBIT Margin	15.14%	13.91%	11.42%	13.41%	21.32%	23.73%
Effective Tax Rate	2.17%	2.08%	1.86%	-	9.24%	10.57%
Revenue as Reported	591.3	549.76	456.22	359.53	300.15	248.22
Advertising Expenses	-	2.52	1.76	1.62	1.03	0.8

Updated Oct 25, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.