Shenzhen Q&D Circuits Co., Ltd. (SHE:301628)

DFS Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	793.04	686.11	703.89	691.18	491.27
Other Revenue	-	27.1	27.16	19.15	8.22
Revenue	793.04	713.21	731.04	710.32	499.5
Revenue Growth (YoY)	11.19%	-2.44%	2.92%	42.21%	25.08%
Cost of Revenue	548.44	497.13	525.32	528.32	384.18
Gross Profit	244.6	216.07	205.73	182	115.31
Selling, General & Admin	87.84	73.16	67.51	59.75	50.64
Research & Development	45.09	43.49	44.24	39.57	30.47
Other Operating Expenses	-14.62	3.51	4.93	3.27	2.73
Operating Expenses	118.31	120.25	117.55	104.97	86.34
Operating Income	126.29	95.82	88.17	77.03	28.97
Interest Expense	-	-3.42	-4.93	-5.46	-2.11
Interest & Investment Income	-	1.99	0.89	0.8	0.14
Currency Exchange Gain (Loss)	-	1.66	6.17	-1.78	-1.94
Other Non Operating Income (Expenses)	1.95	-1.23	1.06	1.22	-0.29
EBT Excluding Unusual Items	128.23	94.82	91.36	71.81	24.78
Gain (Loss) on Sale of Assets	-0.36	-1.21	-0.75	-0.53	-0.24
Asset Writedown	-0.5	-0	-0	0	-0.56
Other Unusual Items	-	7.19	7.77	3.27	6.45
Pretax Income	127.38	100.8	98.38	74.55	30.42
Income Tax Expense	14.73	9.74	7.48	6.48	2.58
Net Income	112.65	91.06	90.9	68.07	27.85
Net Income to Common	112.65	91.06	90.9	68.07	27.85
Net Income Growth	23.70%	0.18%	33.54%	144.44%	172.64%
Shares Outstanding (Basic)	60	57	56	53	51
Shares Outstanding (Diluted)	60	57	56	53	51
Shares Change (YoY)	5.38%	0.18%	7.00%	4.15%	-
EPS (Basic)	1.89	1.61	1.61	1.29	0.55
EPS (Diluted)	1.89	1.61	1.61	1.29	0.55
EPS Growth	17.39%	-	24.81%	134.72%	172.64%
Free Cash Flow	33.48	84.32	41.98	66.97	19.67
Free Cash Flow Per Share	0.56	1.49	0.74	1.27	0.39
Gross Margin	30.84%	30.30%	28.14%	25.62%	23.09%
Operating Margin	15.93%	13.44%	12.06%	10.85%	5.80%
Profit Margin	14.21%	12.77%	12.43%	9.58%	5.58%
Free Cash Flow Margin	4.22%	11.82%	5.74%	9.43%	3.94%
EBITDA	158.98	124.34	111.16	98.92	50.42
EBITDA Margin	20.05%	17.43%	15.21%	13.93%	10.09%
D&A For EBITDA	32.7	28.52	22.99	21.89	21.44
EBIT	126.29	95.82	88.17	77.03	28.97
EBIT Margin	15.93%	13.44%	12.06%	10.85%	5.80%
Effective Tax Rate	11.56%	9.66%	7.60%	8.70%	8.47%
Revenue as Reported	-	713.21	731.04	710.32	499.5

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