Hangzhou Gisway Information Technology Co.,Ltd. (SHE:301390)

SHE:301390 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	Dec 31, 2021	Dec 31, 2020
Operating Revenue	681.62	670.17	513.15	433.28	352.17	335.5
Other Revenue	2.75	2.75	1.35	-	-	0.26
Revenue	684.37	672.92	514.5	433.28	352.17	335.76
Revenue Growth (YoY)	31.05%	30.79%	18.75%	23.03%	4.88%	18.07%
Cost of Revenue	549.32	538.54	351.95	254.54	190.56	188.68
Gross Profit	135.05	134.38	162.56	178.74	161.61	147.08
Selling, General & Admin	69.73	69.16	72.13	58.99	56.25	46.51
Research & Development	27.45	26.36	27.56	25.7	21.25	21.96
Other Operating Expenses	2.2	2.24	0.87	-0.27	0.6	0.35
Operating Expenses	104.49	104.26	109.84	96.19	88.36	75.92
Operating Income	30.57	30.12	52.72	82.55	73.25	71.17
Interest Expense	-0.17	-0.21	-0.4	-0.28	-0.29	-0.43
Interest & Investment Income	10.66	11.08	7.49	0.85	1.32	1.25
Other Non Operating Income (Expenses)	-0.48	-0.64	-0.11	-0.39	0.05	-0.26
EBT Excluding Unusual Items	40.57	40.35	59.7	82.73	74.33	71.73
Gain (Loss) on Sale of Investments	0.37	-0.46	0.28	0.06	-	-
Gain (Loss) on Sale of Assets	0	0	0.59	0.02	0.02	-
Asset Writedown	-0.29	-0.09	-0.04	-0.01	-0.01	-0.01
Other Unusual Items	2.41	2.41	4.2	4.64	4.72	3.83
Pretax Income	43.06	42.2	64.73	87.44	79.06	75.55
Income Tax Expense	7.43	6.67	8.54	12.67	11.92	11.18
Earnings From Continuing Operations	35.63	35.54	56.2	74.76	67.14	64.36
Net Income	35.63	35.54	56.2	74.76	67.14	64.36
Net Income to Common	35.63	35.54	56.2	74.76	67.14	64.36
Net Income Growth	-38.84%	-36.76%	-24.83%	11.35%	4.32%	69.01%
Shares Outstanding (Basic)	60	60	55	45	45	45
Shares Outstanding (Diluted)	60	60	55	45	45	45
Shares Change (YoY)	2.13%	9.09%	22.23%	-0.14%	0.11%	8.73%
EPS (Basic)	0.59	0.59	1.02	1.66	1.49	1.43
EPS (Diluted)	0.59	0.59	1.02	1.66	1.49	1.43
EPS Growth	-40.12%	-42.03%	-38.50%	11.50%	4.20%	55.44%
Free Cash Flow	19.1	-11.96	-4.62	-10.01	14.11	11.03
Free Cash Flow Per Share	0.32	-0.20	-0.08	-0.22	0.31	0.24
Dividend Per Share	0.100	0.100	0.400	-	-	-
Dividend Growth	-75.00%	-75.00%	-	-	-	-
Gross Margin	19.73%	19.97%	31.60%	41.25%	45.89%	43.81%
Operating Margin	4.47%	4.48%	10.25%	19.05%	20.80%	21.20%
Profit Margin	5.21%	5.28%	10.92%	17.26%	19.07%	19.17%
Free Cash Flow Margin	2.79%	-1.78%	-0.90%	-2.31%	4.00%	3.29%
EBITDA	34.19	33.65	55.89	84.75	75.34	72.96
EBITDA Margin	5.00%	5.00%	10.86%	19.56%	21.39%	21.73%
D&A For EBITDA	3.63	3.53	3.17	2.2	2.1	1.79
EBIT	30.57	30.12	52.72	82.55	73.25	71.17
EBIT Margin	4.47%	4.48%	10.25%	19.05%	20.80%	21.20%
Effective Tax Rate	17.26%	15.79%	13.19%	14.49%	15.07%	14.80%
Revenue as Reported	684.37	672.92	514.5	433.28	-	-
Advertising Expenses	-	1.45	0.66	0.19	0.11	0.22

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