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	287.25	285.93	256.09	191.25	126.25	94.25
Operating Income	89	76.47	52.1	48.22	64	58.9
Interest Expense	-3.8	-3.8	-1.02	-0.33	-0.43	-
Interest & Investment Income	15.98	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)	-3.17	-0.1	-0.5	-0.26	-0.02	0.15
EBT Excluding Unusual Items	97.99	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	1.67	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)	98	100	99	91	75	74
Shares Outstanding (Diluted)	101	101	102	92	75	74
Shares Change (YoY)	-2.62%	-0.86%	10.46%	23.13%	0.27%	2.79%
EPS (Basic)	1.00	0.94	0.85	0.74	0.79	0.73
EPS (Diluted)	0.97	0.93	0.83	0.73	0.79	0.73
EPS Growth	16.59%	12.05%	13.70%	-7.93%	8.86%	45.68%
Free Cash Flow	-69.01	-83.1	31.87	53.46	40.31	35.77
Free Cash Flow Per Share	-0.68	-0.83	0.31	0.58	0.54	0.48
Dividend Per Share	0.470	0.470	0.450	0.393	0.321	-
Dividend Growth	4.44%	4.44%	14.53%	22.25%	-	-
Gross Margin	63.63%	65.92%	67.55%	66.61%	63.39%	61.70%
Operating Margin	15.05%	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	102.82	88.17	55.33	50.6	65.19	59.95
EBITDA Margin	17.39%	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	76.47	52.1	48.22	64	58.9
EBIT Margin	15.05%	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	549.76	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.