G.Tech Technology Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Jan '21 Jan 1, 2021
Operating Revenue	1,383	1,307	856.77	934.21	1,095	768.43
Other Revenue	16.9	16.9	31.97	11.19	14.35	11.37
Revenue	1,400	1,324	888.75	945.4	1,109	779.8
Revenue Growth (YoY)	50.31%	49.01%	-5.99%	-14.76%	42.24%	-
Cost of Revenue	1,144	1,073	726.46	793.27	947.18	608.39
Gross Profit	256.12	250.97	162.28	152.14	161.98	171.41
Selling, General & Admin	62.2	60.55	43.35	40.22	44.49	33.61
Research & Development	61.08	58.7	44.38	38.58	42.84	31.12
Other Operating Expenses	6.18	4.33	3.33	4.22	4.92	4.69
Operating Expenses	137.53	138.04	93.52	81.56	92.02	74.76
Operating Income	118.59	112.93	68.76	70.58	69.96	96.65
Interest Expense	-0.01	-0.04	-1.69	-6.17	-6.9	-7.2
Interest & Investment Income	11.82	12.36	6.77	0.42	1.92	0.55
Currency Exchange Gain (Loss)	9.08	9.08	1.24	20.11	-5.15	-13.2
Other Non Operating Income (Expenses)	-5.15	-6.46	-3.32	-3.34	-3.39	-1.27
EBT Excluding Unusual Items	134.33	127.87	71.76	81.6	56.44	75.53
Gain (Loss) on Sale of Investments	-	-	-0.13	-6.41	0.11	0.32
Gain (Loss) on Sale of Assets	0.55	0.26	0.31	0.29	2.83	0.41
Asset Writedown	0.73	-0.42	-0.2	-0.02	-0.23	-1.08
Other Unusual Items	1.47	1.47	1.85	3.56	3.26	6.12
Pretax Income	137.09	129.18	73.59	79.03	62.41	81.29
Income Tax Expense	14.04	13.83	6.98	5.67	3.29	10.29
Earnings From Continuing Operations	123.04	115.35	66.61	73.36	59.12	71
Minority Interest in Earnings	0.04	0.1	0.32	0.19	0.18	0.28
Net Income	123.08	115.45	66.93	73.55	59.29	71.28
Net Income to Common	123.08	115.45	66.93	73.55	59.29	71.28
Net Income Growth	60.08%	72.49%	-9.00%	24.04%	-16.82%	-
Shares Outstanding (Basic)	81	80	70	60	60	60
Shares Outstanding (Diluted)	81	80	70	60	60	60
Shares Change (YoY)	8.65%	14.99%	16.60%	-0.16%	-0.01%	-
EPS (Basic)	1.53	1.44	0.96	1.23	0.99	1.19
EPS (Diluted)	1.53	1.44	0.96	1.23	0.99	1.19
EPS Growth	47.33%	50.00%	-21.95%	24.24%	-16.81%	-
Free Cash Flow	-39.31	-82.68	115.94	123.64	-34.04	18.98
Free Cash Flow Per Share	-0.49	-1.03	1.66	2.07	-0.57	0.32
Dividend Per Share	0.650	0.650	0.560	-	-	-
Dividend Growth	16.07%	16.07%	-	-	-	-
Gross Margin	18.30%	18.95%	18.26%	16.09%	14.60%	21.98%
Operating Margin	8.47%	8.53%	7.74%	7.46%	6.31%	12.39%
Profit Margin	8.79%	8.72%	7.53%	7.78%	5.35%	9.14%
Free Cash Flow Margin	-2.81%	-6.24%	13.05%	13.08%	-3.07%	2.44%
EBITDA	142.56	136.58	91.12	91.85	86.2	110.68
EBITDA Margin	10.18%	10.31%	10.25%	9.71%	7.77%	14.19%
D&A For EBITDA	23.97	23.65	22.36	21.27	16.25	14.03
EBIT	118.59	112.93	68.76	70.58	69.96	96.65
EBIT Margin	8.47%	8.53%	7.74%	7.46%	6.31%	12.39%
Effective Tax Rate	10.24%	10.71%	9.49%	7.17%	5.27%	12.66%
Revenue as Reported	1,400	1,324	888.75	945.4	1,109	779.8

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