WCON Electronics (Guangdong) Co., Ltd. (SHE:301328)

SHE:301328 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	657.72	528.98	483.57	476.1	405.58	271.68
Other Revenue	5.19	5.19	3.06	4.19	2.98	1.77
Revenue	662.92	534.17	486.63	480.29	408.56	273.45
Revenue Growth (YoY)	31.67%	9.77%	1.32%	17.56%	49.41%	17.90%
Cost of Revenue	400.93	320.38	281.41	272.05	222.76	143.51
Gross Profit	261.99	213.79	205.23	208.25	185.8	129.94
Selling, General & Admin	88.67	66.94	45.82	38.4	30.8	28.61
Research & Development	59.15	64.36	72.34	58.9	42.78	29.26
Other Operating Expenses	0.42	1.96	-0.16	2.23	2.88	2.22
Operating Expenses	149.62	134.36	118.31	102.16	77.46	61.07
Operating Income	112.37	79.43	86.91	106.08	108.34	68.88
Interest Expense	-0.39	-0.39	-1.13	-0.14	-0.09	-0.86
Interest & Investment Income	9.37	17.31	30.79	9.17	2.43	0.92
Currency Exchange Gain (Loss)	2.14	2.14	0.13	2.78	-1.6	-3.01
Other Non Operating Income (Expenses)	-0.51	-0.24	-0.25	-0.88	-0.94	-0.16
EBT Excluding Unusual Items	122.98	98.25	116.45	117.01	108.14	65.76
Gain (Loss) on Sale of Investments	-3.73	-2.05	-1.34	-	-	-
Gain (Loss) on Sale of Assets	0.24	0.05	23.63	-0.41	-0.04	0.02
Asset Writedown	-1.24	-0.75	-	-	-	-
Other Unusual Items	1.59	1.59	6.22	2.06	2.84	3.03
Pretax Income	119.83	97.08	144.96	118.66	110.93	68.82
Income Tax Expense	13.83	8.58	13.43	6.71	10.67	7.73
Earnings From Continuing Operations	106	88.5	131.54	111.95	100.26	61.09
Minority Interest in Earnings	-6.97	-3.04	-1.18	0.08	-0.08	-0.04
Net Income	99.04	85.47	130.35	112.03	100.18	61.06
Net Income to Common	99.04	85.47	130.35	112.03	100.18	61.06
Net Income Growth	2.00%	-34.44%	16.35%	11.83%	64.08%	40.59%
Shares Outstanding (Basic)	109	110	110	90	83	75
Shares Outstanding (Diluted)	109	110	110	90	83	75
Shares Change (YoY)	-0.35%	0.03%	22.22%	8.54%	9.99%	19.84%
EPS (Basic)	0.91	0.78	1.19	1.25	1.21	0.81
EPS (Diluted)	0.91	0.78	1.19	1.25	1.21	0.81
EPS Growth	2.36%	-34.45%	-4.80%	3.02%	49.18%	17.31%
Free Cash Flow	-89.2	-54.86	-95.86	-56.16	-47.41	39.7
Free Cash Flow Per Share	-0.82	-0.50	-0.88	-0.63	-0.57	0.53
Dividend Per Share	0.500	0.500	0.300	0.333	-	-
Dividend Growth	-	66.67%	-9.99%	-	-	-
Gross Margin	39.52%	40.02%	42.17%	43.36%	45.48%	47.52%
Operating Margin	16.95%	14.87%	17.86%	22.09%	26.52%	25.19%
Profit Margin	14.94%	16.00%	26.79%	23.33%	24.52%	22.33%
Free Cash Flow Margin	-13.46%	-10.27%	-19.70%	-11.69%	-11.60%	14.52%
EBITDA	156.08	114.53	110.54	124.34	122.46	79.15
EBITDA Margin	23.54%	21.44%	22.71%	25.89%	29.97%	28.94%
D&A For EBITDA	43.71	35.1	23.62	18.26	14.12	10.27
EBIT	112.37	79.43	86.91	106.08	108.34	68.88
EBIT Margin	16.95%	14.87%	17.86%	22.09%	26.52%	25.19%
Effective Tax Rate	11.54%	8.84%	9.26%	5.65%	9.62%	11.23%
Revenue as Reported	662.92	534.17	486.63	480.29	408.56	-
Advertising Expenses	-	3.25	1.79	0.96	0.95	1.12

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