Anhui Provincial Architectural Design and Research Institute Co.,Ltd. (SHE:301167)

SHE:301167 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	341.35	352.49	512.42	507.91	391.23	431.18
Other Revenue	1.58	1.58	1.81	1.24	2.02	2.36
Revenue	342.93	354.07	514.23	509.15	393.26	433.54
Revenue Growth (YoY)	-19.98%	-31.15%	1.00%	29.47%	-9.29%	15.95%
Cost of Revenue	237.84	249.77	370.46	357.72	266.59	285.93
Gross Profit	105.1	104.3	143.77	151.43	126.67	147.61
Selling, General & Admin	49.3	45.27	45.09	37.84	33.14	35.42
Research & Development	14.9	16.43	17.62	16.48	11.77	12.11
Other Operating Expenses	3.34	3.77	3.41	5.46	2.56	5.02
Operating Expenses	94.59	102.73	84.77	85.55	76.69	61.24
Operating Income	10.51	1.57	59	65.87	49.98	86.37
Interest Expense	-1.41	-1.36	-0.65	-0.17	-	-0.5
Interest & Investment Income	13.14	12.94	14.42	18.14	14.27	7.17
Other Non Operating Income (Expenses)	0.59	0.71	4.85	-1.59	-2.08	-3.67
EBT Excluding Unusual Items	22.81	13.87	77.62	82.25	62.16	89.37
Gain (Loss) on Sale of Investments	0.94	3.63	1.6	0.25	-	-
Gain (Loss) on Sale of Assets	0.13	0.11	0.15	-	0.1	0.02
Asset Writedown	0.16	-0	-	-0.06	-0	-0.04
Legal Settlements	-0.6	-0.6	-	-	-	-
Other Unusual Items	4.04	2.09	-0.78	22.54	16.04	3.8
Pretax Income	27.48	19.1	78.6	104.99	78.3	93.15
Income Tax Expense	3.23	1.34	11.2	14.67	10.14	14.02
Earnings From Continuing Operations	24.26	17.75	67.39	90.31	68.16	79.13
Minority Interest in Earnings	-2.04	-2.19	-7.74	-8.01	-0.94	-1.38
Net Income	22.21	15.57	59.65	82.3	67.22	77.76
Net Income to Common	22.21	15.57	59.65	82.3	67.22	77.76
Net Income Growth	-29.33%	-73.90%	-27.52%	22.45%	-13.56%	20.47%
Shares Outstanding (Basic)	111	111	113	113	84	84
Shares Outstanding (Diluted)	111	111	113	113	84	84
Shares Change (YoY)	-1.26%	-1.21%	-0.17%	34.19%	0.34%	0.08%
EPS (Basic)	0.20	0.14	0.53	0.73	0.80	0.93
EPS (Diluted)	0.20	0.14	0.53	0.73	0.80	0.93
EPS Growth	-28.43%	-73.58%	-27.40%	-8.75%	-13.85%	20.38%
Free Cash Flow	21.62	6.94	24.27	-23.2	0.93	40.83
Free Cash Flow Per Share	0.20	0.06	0.22	-0.21	0.01	0.49
Dividend Per Share	0.060	0.060	0.216	0.179	0.143	-
Dividend Growth	-72.22%	-72.22%	20.94%	24.98%	-	-
Gross Margin	30.65%	29.46%	27.96%	29.74%	32.21%	34.05%
Operating Margin	3.06%	0.44%	11.47%	12.94%	12.71%	19.92%
Profit Margin	6.48%	4.40%	11.60%	16.16%	17.09%	17.94%
Free Cash Flow Margin	6.31%	1.96%	4.72%	-4.56%	0.24%	9.42%
EBITDA	19.43	10.93	68.93	74.3	56.28	92.6
EBITDA Margin	5.67%	3.09%	13.41%	14.59%	14.31%	21.36%
D&A For EBITDA	8.92	9.35	9.93	8.43	6.3	6.23
EBIT	10.51	1.57	59	65.87	49.98	86.37
EBIT Margin	3.06%	0.44%	11.47%	12.94%	12.71%	19.92%
Effective Tax Rate	11.74%	7.03%	14.25%	13.98%	12.96%	15.05%
Revenue as Reported	342.93	354.07	514.23	509.15	393.26	433.54

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