CSG Digital Power Grid Research Institute Co.,Ltd. (SHE:301638)

SHE:301638 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Operating Revenue	6,090	4,119	5,540
Other Revenue	-	115.27	145.87
Revenue	6,090	4,234	5,686
Revenue Growth (YoY)	43.81%	-25.53%	-
Cost of Revenue	4,259	2,852	3,947
Gross Profit	1,831	1,383	1,740
Selling, General & Admin	728.6	650.55	574.5
Research & Development	398.82	347.4	500.69
Other Operating Expenses	23.73	5.75	-22.1
Operating Expenses	1,151	1,011	1,103
Operating Income	679.51	371.47	636.33
Interest Expense	-	-8.56	-12.24
Interest & Investment Income	22.29	69.51	178.24
Currency Exchange Gain (Loss)	-	-	-0.03
Other Non Operating Income (Expenses)	10.64	9.23	-12.46
EBT Excluding Unusual Items	712.44	441.66	789.83
Gain (Loss) on Sale of Assets	0.56	3.06	6.36
Asset Writedown	-56.83	-21.93	-8.65
Other Unusual Items	-	12.2	20.31
Pretax Income	656.16	434.99	807.85
Income Tax Expense	81.7	57.55	154.58
Earnings From Continuing Operations	574.46	377.44	653.27
Minority Interest in Earnings	-4.15	-	-0.02
Net Income	570.31	377.44	653.25
Net Income to Common	570.31	377.44	653.25
Net Income Growth	51.10%	-42.22%	-
Shares Outstanding (Basic)	2,716	2,293	2,000
Shares Outstanding (Diluted)	2,716	2,293	2,000
Shares Change (YoY)	18.45%	14.64%	-
EPS (Basic)	0.21	0.16	0.33
EPS (Diluted)	0.21	0.16	0.33
EPS Growth	31.25%	-51.01%	-
Free Cash Flow	831.71	2,182	4.6
Free Cash Flow Per Share	0.31	0.95	0.00
Gross Margin	30.06%	32.65%	30.59%
Operating Margin	11.16%	8.77%	11.19%
Profit Margin	9.37%	8.91%	11.49%
Free Cash Flow Margin	13.66%	51.54%	0.08%
EBITDA	887.57	546.26	926.84
EBITDA Margin	14.57%	12.90%	16.30%
D&A For EBITDA	208.06	174.79	290.51
EBIT	679.51	371.47	636.33
EBIT Margin	11.16%	8.77%	11.19%
Effective Tax Rate	12.45%	13.23%	19.13%
Revenue as Reported	-	4,234	5,686

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