BBK Test Systems Co., Ltd (SHE:301598)

BBK Test Systems 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	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	535.43	515.45	469.18	458.77	405.5	370.57
Revenue Growth (YoY)	16.71%	9.86%	2.27%	13.14%	9.43%	11.08%
Cost of Revenue	300.1	290.66	268.45	264.71	223.36	198.31
Gross Profit	235.33	224.79	200.74	194.05	182.13	172.27
Selling, General & Admin	77.83	75.56	67.88	63.17	61.1	53.97
Research & Development	36.92	36.74	30.95	28.19	24.69	21.99
Other Operating Expenses	0.16	0.33	-2.2	0.14	0.56	0.06
Operating Expenses	125.86	120.99	102.09	91.6	90.15	90.61
Operating Income	109.47	103.8	98.64	102.45	91.98	81.66
Interest Expense	-0.13	-0.15	-0.21	-0.34	-0.28	-0.04
Interest & Investment Income	13.71	13.02	9.49	3.11	1.56	1.11
Currency Exchange Gain (Loss)	-2.89	-2.89	0.09	0.94	1.12	0.38
Other Non Operating Income (Expenses)	-3.34	-2.84	-2.91	-3.5	-1.41	-0.31
EBT Excluding Unusual Items	116.82	110.94	105.11	102.65	92.98	82.79
Gain (Loss) on Sale of Investments	0.01	-	-	-0.33	-0.41	-0.43
Gain (Loss) on Sale of Assets	-	-	-	-	-	-0
Asset Writedown	0.26	-0.02	-0.02	-0.03	-0.04	-0.07
Other Unusual Items	0.76	0.76	2.25	7.86	-0.01	2.18
Pretax Income	117.85	111.69	107.34	110.15	92.52	84.48
Income Tax Expense	10.35	9.72	11.16	12.52	10.29	10.84
Net Income	107.5	101.96	96.18	97.63	82.23	73.63
Net Income to Common	107.5	101.96	96.18	97.63	82.23	73.63
Net Income Growth	10.11%	6.02%	-1.49%	18.73%	11.68%	16.27%
Shares Outstanding (Basic)	49	45	44	44	43	42
Shares Outstanding (Diluted)	49	45	44	44	43	42
Shares Change (YoY)	11.09%	2.78%	-0.01%	2.08%	2.27%	1.57%
EPS (Basic)	2.19	2.25	2.18	2.21	1.90	1.74
EPS (Diluted)	2.19	2.25	2.18	2.21	1.90	1.74
EPS Growth	-0.89%	3.15%	-1.48%	16.32%	9.20%	14.47%
Free Cash Flow	72.49	103.03	132.97	182.74	-9.27	52.79
Free Cash Flow Per Share	1.48	2.27	3.01	4.14	-0.21	1.25
Dividend Per Share	1.300	1.300	-	-	0.700	-
Gross Margin	43.95%	43.61%	42.78%	42.30%	44.92%	46.49%
Operating Margin	20.44%	20.14%	21.02%	22.33%	22.68%	22.04%
Profit Margin	20.08%	19.78%	20.50%	21.28%	20.28%	19.87%
Free Cash Flow Margin	13.54%	19.99%	28.34%	39.83%	-2.29%	14.24%
EBITDA	112.59	107.09	102.6	106.15	96.13	85.61
EBITDA Margin	21.03%	20.78%	21.87%	23.14%	23.71%	23.10%
D&A For EBITDA	3.12	3.29	3.96	3.7	4.14	3.95
EBIT	109.47	103.8	98.64	102.45	91.98	81.66
EBIT Margin	20.44%	20.14%	21.02%	22.33%	22.68%	22.04%
Effective Tax Rate	8.78%	8.71%	10.40%	11.37%	11.12%	12.84%
Revenue as Reported	535.43	515.45	469.18	-	-	370.57
Advertising Expenses	-	1.28	1.4	1.03	0.88	1.7

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