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

Ferrotec (An Hui) Technology Development Co.,LTD Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Operating Revenue	698.54	586.64	602.22	561.52	470.66	308.39
Other Revenue	7.51	7.51	21.53	7.74	12.01	13.48
Revenue	706.05	594.14	623.76	569.26	482.68	321.87
Revenue Growth (YoY)	16.41%	-4.75%	9.57%	17.94%	49.96%	138.49%
Cost of Revenue	434.15	371.72	406.11	360.02	300.31	190.93
Gross Profit	271.9	222.42	217.65	209.24	182.37	130.94
Selling, General & Admin	117.13	94.55	84.53	76.59	63.53	55.51
Research & Development	54.33	45.23	40.97	35.54	27.01	18.34
Other Operating Expenses	12.83	6.44	5.15	4.9	3.61	0.96
Operating Expenses	186.17	147.2	131.69	117.9	95.27	77.83
Operating Income	85.74	75.23	85.95	91.34	87.11	53.11
Interest Expense	-0.11	-1.13	-2.69	-0.1	-4.21	-1.69
Interest & Investment Income	9.42	11.67	1.41	0.56	0.9	0.09
Currency Exchange Gain (Loss)	-0.27	-0.27	-0.55	-0.05	0.49	-0.34
Other Non Operating Income (Expenses)	-0.41	-0.18	-0.12	-0.13	-0.09	-0.06
EBT Excluding Unusual Items	94.35	85.31	84	91.61	84.19	51.11
Gain (Loss) on Sale of Investments	1.79	0.94	-0.07	-	-	-
Gain (Loss) on Sale of Assets	0.05	0	-0.85	-0.09	-	-
Asset Writedown	4.51	-0.14	-0.06	-0.01	-0.24	-1.25
Other Unusual Items	18.81	18.81	15.69	8.74	4.76	0.64
Pretax Income	119.51	104.93	98.72	100.24	88.71	50.49
Income Tax Expense	18.1	15.68	10.64	12.37	12.71	6.58
Net Income	101.41	89.25	88.08	87.88	76	43.91
Net Income to Common	101.41	89.25	88.08	87.88	76	43.91
Net Income Growth	11.14%	1.33%	0.23%	15.63%	73.06%	71.77%
Shares Outstanding (Basic)	338	338	254	254	230	-
Shares Outstanding (Diluted)	338	338	254	254	230	-
Shares Change (YoY)	6.71%	33.38%	-0.00%	10.19%	-	-
EPS (Basic)	0.30	0.26	0.35	0.35	0.33	-
EPS (Diluted)	0.30	0.26	0.35	0.35	0.33	-
EPS Growth	4.15%	-24.03%	0.23%	4.94%	-	-
Free Cash Flow	52.8	21.51	-6.23	-100.34	50.65	-93.87
Free Cash Flow Per Share	0.16	0.06	-0.02	-0.40	0.22	-
Dividend Per Share	0.080	0.080	0.080	-	-	-
Gross Margin	38.51%	37.44%	34.89%	36.76%	37.78%	40.68%
Operating Margin	12.14%	12.66%	13.78%	16.05%	18.05%	16.50%
Profit Margin	14.36%	15.02%	14.12%	15.44%	15.75%	13.64%
Free Cash Flow Margin	7.48%	3.62%	-1.00%	-17.63%	10.49%	-29.16%
EBITDA	144.95	126.08	125.65	126.58	118.5	76.39
EBITDA Margin	20.53%	21.22%	20.14%	22.24%	24.55%	23.73%
D&A For EBITDA	59.22	50.85	39.69	35.24	31.4	23.29
EBIT	85.74	75.23	85.95	91.34	87.11	53.11
EBIT Margin	12.14%	12.66%	13.78%	16.05%	18.05%	16.50%
Effective Tax Rate	15.15%	14.94%	10.78%	12.34%	14.33%	13.03%
Revenue as Reported	706.05	594.14	623.76	569.26	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.