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

Hangzhou Gisway Information Technology 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	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	576.15	513.15	433.28	352.17	335.5	284.23
Other Revenue	1.35	1.35	-	-	0.26	0.13
Revenue	577.5	514.5	433.28	352.17	335.76	284.36
Revenue Growth (YoY)	15.24%	18.75%	23.03%	4.89%	18.07%	46.70%
Cost of Revenue	422.87	351.95	254.54	190.56	188.68	163.31
Gross Profit	154.62	162.56	178.74	161.61	147.08	121.06
Selling, General & Admin	69.23	72.13	58.99	56.25	46.51	52.27
Research & Development	27.11	27.56	25.7	21.25	21.96	20.01
Other Operating Expenses	3.56	0.87	-0.27	0.6	0.35	-0.04
Operating Expenses	103.07	109.84	96.19	88.36	75.92	79.48
Operating Income	51.56	52.72	82.55	73.25	71.17	41.58
Interest Expense	-0.2	-0.4	-0.28	-0.29	-0.43	-0.88
Interest & Investment Income	12.21	7.49	0.85	1.32	1.25	0.21
Other Non Operating Income (Expenses)	-0.28	-0.11	-0.39	0.05	-0.26	-0.05
EBT Excluding Unusual Items	63.29	59.7	82.73	74.33	71.73	40.87
Gain (Loss) on Sale of Investments	-0.16	0.28	0.06	-	-	-
Gain (Loss) on Sale of Assets	0.33	0.59	0.02	0.02	-	-0.1
Asset Writedown	0.08	-0.04	-0.01	-0.01	-0.01	-0.03
Other Unusual Items	4.2	4.2	4.64	4.72	3.83	3.81
Pretax Income	67.74	64.73	87.44	79.06	75.55	44.55
Income Tax Expense	9.85	8.54	12.67	11.92	11.18	6.46
Earnings From Continuing Operations	57.88	56.2	74.76	67.14	64.36	38.08
Net Income	57.88	56.2	74.76	67.14	64.36	38.08
Net Income to Common	57.88	56.2	74.76	67.14	64.36	38.08
Net Income Growth	-25.74%	-24.83%	11.35%	4.31%	69.01%	61.71%
Shares Outstanding (Basic)	61	55	45	45	45	41
Shares Outstanding (Diluted)	61	55	45	45	45	41
Shares Change (YoY)	22.50%	22.23%	-0.14%	0.11%	8.73%	0.19%
EPS (Basic)	0.95	1.02	1.66	1.49	1.43	0.92
EPS (Diluted)	0.95	1.02	1.66	1.49	1.43	0.92
EPS Growth	-39.38%	-38.50%	11.50%	4.20%	55.43%	61.40%
Free Cash Flow	-3.19	-4.62	-10.01	14.11	11.03	37.01
Free Cash Flow Per Share	-0.05	-0.08	-0.22	0.31	0.25	0.89
Dividend Per Share	0.400	0.400	-	-	-	0.200
Gross Margin	26.77%	31.59%	41.25%	45.89%	43.81%	42.57%
Operating Margin	8.93%	10.25%	19.05%	20.80%	21.20%	14.62%
Profit Margin	10.02%	10.92%	17.25%	19.07%	19.17%	13.39%
Free Cash Flow Margin	-0.55%	-0.90%	-2.31%	4.01%	3.29%	13.01%
EBITDA	54.84	55.54	84.75	75.34	72.96	44.06
EBITDA Margin	9.50%	10.79%	19.56%	21.39%	21.73%	15.50%
D&A For EBITDA	3.28	2.82	2.2	2.1	1.79	2.48
EBIT	51.56	52.72	82.55	73.25	71.17	41.58
EBIT Margin	8.93%	10.25%	19.05%	20.80%	21.20%	14.62%
Effective Tax Rate	14.54%	13.19%	14.49%	15.07%	14.80%	14.51%
Revenue as Reported	577.5	514.5	433.28	-	-	-
Advertising Expenses	-	0.66	0.19	0.11	0.22	0.5

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