Ferrotec (An Hui) Technology Development Co.,LTD (SHE:301297)

SHE:301297 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	856.93	776.43	601.66	602.22	561.52	470.66
Other Revenue	8.79	4.03	7.51	21.53	7.74	12.01
Revenue	865.72	780.46	609.17	623.76	569.26	482.68
Revenue Growth (YoY)	26.31%	28.12%	-2.34%	9.57%	17.94%	49.96%
Cost of Revenue	518.73	475.88	379.36	406.11	360.02	300.31
Gross Profit	346.99	304.58	229.81	217.65	209.24	182.37
Selling, General & Admin	163.53	132.95	95.64	84.53	76.59	63.53
Research & Development	66.49	61.02	46.91	40.97	35.54	27.01
Other Operating Expenses	15.16	5.29	6.44	5.15	4.9	3.61
Operating Expenses	244.54	201.07	150.3	131.69	117.9	95.27
Operating Income	102.44	103.51	79.51	85.95	91.34	87.11
Interest Expense	-1.02	-0.83	-2.01	-2.69	-0.1	-4.21
Interest & Investment Income	9.68	9.79	11.7	1.41	0.56	0.9
Currency Exchange Gain (Loss)	-1.29	-1.2	-0.32	-0.55	-0.05	0.49
Other Non Operating Income (Expenses)	0.03	-0.14	-1.03	-0.12	-0.13	-0.09
EBT Excluding Unusual Items	109.83	111.13	87.85	84	91.61	84.19
Gain (Loss) on Sale of Investments	-1.5	0.81	0.94	-0.07	-	-
Gain (Loss) on Sale of Assets	-0.06	0	0	-0.85	-0.09	-
Asset Writedown	-0.16	-0.12	-0.14	-0.06	-0.01	-0.24
Other Unusual Items	20.63	11.89	19.66	15.69	8.74	4.76
Pretax Income	128.73	123.72	108.31	98.72	100.24	88.71
Income Tax Expense	14.94	14.84	14.41	10.64	12.37	12.71
Net Income	113.8	108.88	93.9	88.08	87.88	76
Net Income to Common	113.8	108.88	93.9	88.08	87.88	76
Net Income Growth	5.16%	15.95%	6.61%	0.23%	15.63%	73.06%
Shares Outstanding (Basic)	327	338	338	254	254	230
Shares Outstanding (Diluted)	334	344	338	254	254	230
Shares Change (YoY)	-4.39%	1.60%	33.34%	-0.00%	10.19%	-
EPS (Basic)	0.35	0.32	0.28	0.35	0.35	0.33
EPS (Diluted)	0.34	0.32	0.28	0.35	0.35	0.33
EPS Growth	9.98%	14.13%	-20.05%	0.23%	4.94%	-
Free Cash Flow	66.81	81.96	16.35	-6.23	-100.34	50.65
Free Cash Flow Per Share	0.20	0.24	0.05	-0.03	-0.40	0.22
Dividend Per Share	0.056	0.056	0.080	0.080	-	-
Dividend Growth	-29.61%	-29.61%	-	-	-	-
Gross Margin	40.08%	39.03%	37.72%	34.89%	36.76%	37.78%
Operating Margin	11.83%	13.26%	13.05%	13.78%	16.05%	18.05%
Profit Margin	13.15%	13.95%	15.41%	14.12%	15.44%	15.75%
Free Cash Flow Margin	7.72%	10.50%	2.68%	-1.00%	-17.63%	10.49%
EBITDA	163.96	160.33	132.74	125.65	126.58	118.5
EBITDA Margin	18.94%	20.54%	21.79%	20.14%	22.23%	24.55%
D&A For EBITDA	61.51	56.82	53.23	39.69	35.24	31.4
EBIT	102.44	103.51	79.51	85.95	91.34	87.11
EBIT Margin	11.83%	13.26%	13.05%	13.78%	16.05%	18.05%
Effective Tax Rate	11.61%	12.00%	13.31%	10.78%	12.34%	14.33%
Revenue as Reported	865.72	780.46	609.17	623.76	569.26	-

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