Beijing Waluer Information Technology Co., Ltd. (SHE:301380)

SHE:301380 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	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,099	983.23	854.32	653.17	668.03	511.17
Other Revenue	3.41	3.41	-	-	-	-
Revenue	1,102	986.64	854.32	653.17	668.03	511.17
Revenue Growth (YoY)	13.63%	15.49%	30.80%	-2.23%	30.69%	97.80%
Cost of Revenue	911.87	814.09	710.12	537.38	545.6	392.51
Gross Profit	190.08	172.55	144.21	115.79	122.43	118.66
Selling, General & Admin	49.56	39.81	37.17	21.31	15.98	14.8
Research & Development	39.1	36.65	29.89	26.1	22.35	12.6
Other Operating Expenses	3.94	1.79	-0.31	0.24	-3.2	0.34
Operating Expenses	97.83	83.66	65.96	55.17	36.91	28.51
Operating Income	92.25	88.89	78.24	60.62	85.52	90.15
Interest Expense	-8.11	-5.55	-2.1	-0.12	-0.11	-
Interest & Investment Income	2.63	5.92	11.18	2.11	1.45	2.57
Currency Exchange Gain (Loss)	-0.04	-0.04	0.01	-	-	-
Other Non Operating Income (Expenses)	-3.23	-1.61	-1.21	-1.13	2.36	-0.11
EBT Excluding Unusual Items	83.5	87.62	86.12	61.48	89.21	92.6
Impairment of Goodwill	-4.8	-4.8	-	-	-	-
Gain (Loss) on Sale of Investments	0.01	0.15	0.38	0.13	0.69	-
Gain (Loss) on Sale of Assets	-0.02	-	-	-	-	-
Asset Writedown	-	-	-	-	-	-0.03
Other Unusual Items	4.28	1.88	2.51	3.8	-	3.06
Pretax Income	82.97	84.85	89.01	65.41	89.9	95.64
Income Tax Expense	24.75	18.08	11.84	6.7	11.1	10.58
Earnings From Continuing Operations	58.21	66.77	77.17	58.71	78.8	85.05
Minority Interest in Earnings	-	-0.4	-18.1	-11.11	-13.65	-12.88
Net Income	58.21	66.37	59.07	47.6	65.15	72.18
Net Income to Common	58.21	66.37	59.07	47.6	65.15	72.18
Net Income Growth	8.35%	12.35%	24.10%	-26.94%	-9.74%	-37.95%
Shares Outstanding (Basic)	126	101	100	78	74	74
Shares Outstanding (Diluted)	126	101	100	78	74	74
Shares Change (YoY)	62.07%	1.70%	26.98%	6.28%	0.13%	-0.36%
EPS (Basic)	0.46	0.66	0.59	0.61	0.88	0.98
EPS (Diluted)	0.46	0.66	0.59	0.61	0.88	0.98
EPS Growth	-33.15%	10.47%	-2.27%	-31.25%	-9.85%	-37.72%
Free Cash Flow	39.96	-269.87	46.73	24.12	-9.8	54.51
Free Cash Flow Per Share	0.32	-2.66	0.47	0.31	-0.13	0.74
Dividend Per Share	0.241	0.241	0.393	0.269	-	-
Dividend Growth	-38.59%	-38.59%	46.13%	-	-	-
Gross Margin	17.25%	17.49%	16.88%	17.73%	18.33%	23.21%
Operating Margin	8.37%	9.01%	9.16%	9.28%	12.80%	17.64%
Profit Margin	5.28%	6.73%	6.91%	7.29%	9.75%	14.12%
Free Cash Flow Margin	3.63%	-27.35%	5.47%	3.69%	-1.47%	10.66%
EBITDA	103.77	96.93	81.65	61.19	86.18	90.82
EBITDA Margin	9.42%	9.83%	9.56%	9.37%	12.90%	17.77%
D&A For EBITDA	11.52	8.04	3.4	0.57	0.66	0.68
EBIT	92.25	88.89	78.24	60.62	85.52	90.15
EBIT Margin	8.37%	9.01%	9.16%	9.28%	12.80%	17.64%
Effective Tax Rate	29.84%	21.31%	13.31%	10.25%	12.34%	11.07%
Revenue as Reported	1,102	986.64	854.32	653.17	668.03	511.17
Advertising Expenses	-	0.14	0.79	0.41	0.71	-

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