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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	823.73	776.43	601.66	602.22	561.52	470.66
Other Revenue	4.03	4.03	7.51	21.53	7.74	12.01
Revenue	827.76	780.46	609.17	623.76	569.26	482.68
Revenue Growth (YoY)	29.33%	28.12%	-2.34%	9.57%	17.94%	49.96%
Cost of Revenue	495.78	475.88	379.36	406.11	360.02	300.31
Gross Profit	331.98	304.58	229.81	217.65	209.24	182.37
Selling, General & Admin	151.9	132.95	95.64	84.53	76.59	63.53
Research & Development	64.3	61.02	46.91	40.97	35.54	27.01
Other Operating Expenses	10.41	5.29	6.44	5.15	4.9	3.61
Operating Expenses	228.07	201.07	150.3	131.69	117.9	95.27
Operating Income	103.92	103.51	79.51	85.95	91.34	87.11
Interest Expense	-0.6	-0.83	-2.01	-2.69	-0.1	-4.21
Interest & Investment Income	9.1	9.79	11.7	1.41	0.56	0.9
Currency Exchange Gain (Loss)	-1.2	-1.2	-0.32	-0.55	-0.05	0.49
Other Non Operating Income (Expenses)	-0.45	-0.14	-1.03	-0.12	-0.13	-0.09
EBT Excluding Unusual Items	110.77	111.13	87.85	84	91.61	84.19
Gain (Loss) on Sale of Investments	-0.57	0.81	0.94	-0.07	-	-
Gain (Loss) on Sale of Assets	-0.06	0	0	-0.85	-0.09	-
Asset Writedown	-2.39	-0.12	-0.14	-0.06	-0.01	-0.24
Other Unusual Items	18.82	11.89	19.66	15.69	8.74	4.76
Pretax Income	126.58	123.72	108.31	98.72	100.24	88.71
Income Tax Expense	15.12	14.84	14.41	10.64	12.37	12.71
Net Income	111.46	108.88	93.9	88.08	87.88	76
Net Income to Common	111.46	108.88	93.9	88.08	87.88	76
Net Income Growth	8.59%	15.95%	6.61%	0.23%	15.63%	73.06%
Shares Outstanding (Basic)	338	338	338	254	254	230
Shares Outstanding (Diluted)	344	344	338	254	254	230
Shares Change (YoY)	1.63%	1.60%	33.34%	-0.00%	10.19%	-
EPS (Basic)	0.33	0.32	0.28	0.35	0.35	0.33
EPS (Diluted)	0.32	0.32	0.28	0.35	0.35	0.33
EPS Growth	6.85%	14.13%	-20.05%	0.23%	4.94%	-
Free Cash Flow	52.76	81.96	16.35	-6.23	-100.34	50.65
Free Cash Flow Per Share	0.15	0.24	0.05	-0.03	-0.40	0.22
Dividend Per Share	0.120	0.120	0.080	0.080	-	-
Dividend Growth	50.00%	50.00%	-	-	-	-
Gross Margin	40.11%	39.03%	37.72%	34.89%	36.76%	37.78%
Operating Margin	12.55%	13.26%	13.05%	13.78%	16.05%	18.05%
Profit Margin	13.46%	13.95%	15.41%	14.12%	15.44%	15.75%
Free Cash Flow Margin	6.37%	10.50%	2.68%	-1.00%	-17.63%	10.49%
EBITDA	161.63	160.33	132.74	125.65	126.58	118.5
EBITDA Margin	19.53%	20.54%	21.79%	20.14%	22.23%	24.55%
D&A For EBITDA	57.72	56.82	53.23	39.69	35.24	31.4
EBIT	103.92	103.51	79.51	85.95	91.34	87.11
EBIT Margin	12.55%	13.26%	13.05%	13.78%	16.05%	18.05%
Effective Tax Rate	11.95%	12.00%	13.31%	10.78%	12.34%	14.33%
Revenue as Reported	827.76	780.46	609.17	623.76	569.26	-

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.