Bestechnic (Shanghai) Co., Ltd. (SHA:688608)

Bestechnic (Shanghai) 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
Operating Revenue	3,603	3,262	2,176	1,485	1,765	1,061
Other Revenue	1.35	1.35	0.56	-	-	-
Revenue	3,604	3,263	2,176	1,485	1,765	1,061
Revenue Growth (YoY)	47.37%	49.94%	46.57%	-15.89%	66.36%	63.55%
Cost of Revenue	2,338	2,164	1,500	960.19	1,111	643.36
Gross Profit	1,267	1,099	675.97	524.61	653.95	417.81
Selling, General & Admin	150.54	146.61	122.71	122.14	87.85	60.97
Research & Development	619.83	617.39	549.92	439.78	289.19	172.64
Other Operating Expenses	15.22	15.63	6.71	0.83	1.28	1.84
Operating Expenses	786.7	779.34	680.75	562.17	380.68	236.18
Operating Income	479.95	319.86	-4.78	-37.57	273.27	181.63
Interest Expense	-1.28	-1.25	-1.09	-2.38	-0.92	-0.06
Interest & Investment Income	128.39	115.93	105.5	116.73	127.83	9.28
Currency Exchange Gain (Loss)	17.26	17.26	14.57	27.94	-10.81	-14.54
Other Non Operating Income (Expenses)	-4.02	-0.15	-0.06	-0.17	-0.24	-0.13
EBT Excluding Unusual Items	620.3	451.65	114.13	104.55	389.13	176.17
Impairment of Goodwill	-	-	-10.56	-	-	-
Gain (Loss) on Sale of Investments	-9.34	-3.22	-2.37	-4.68	14.07	0.46
Gain (Loss) on Sale of Assets	0.03	0.03	-0.01	-	0.01	0.05
Asset Writedown	9.17	-	-	-	-	-
Other Unusual Items	14.18	13.47	23.19	24.22	6.64	23.22
Pretax Income	634.35	461.93	124.38	124.09	409.84	199.9
Income Tax Expense	10.96	1.46	0.75	1.67	2.13	1.51
Net Income	623.39	460.47	123.63	122.42	407.72	198.39
Net Income to Common	623.39	460.47	123.63	122.42	407.72	198.39
Net Income Growth	310.15%	272.47%	0.98%	-69.97%	105.51%	194.44%
Shares Outstanding (Basic)	119	119	120	120	120	90
Shares Outstanding (Diluted)	121	121	121	120	120	90
Shares Change (YoY)	0.04%	-0.10%	0.37%	0.10%	33.52%	11.36%
EPS (Basic)	5.22	3.86	1.03	1.02	3.40	2.20
EPS (Diluted)	5.16	3.82	1.02	1.02	3.39	2.20
EPS Growth	309.97%	272.85%	0.61%	-70.00%	53.92%	164.40%
Free Cash Flow	493.48	408.78	276	-507.42	-182.34	254.47
Free Cash Flow Per Share	4.08	3.39	2.29	-4.22	-1.52	2.83
Dividend Per Share	1.960	1.960	0.160	-	0.340	0.168
Dividend Growth	1125.00%	1125.00%	-	-	102.38%	-
Gross Margin	35.14%	33.68%	31.06%	35.33%	37.04%	39.37%
Operating Margin	13.31%	9.80%	-0.22%	-2.53%	15.48%	17.12%
Profit Margin	17.29%	14.11%	5.68%	8.24%	23.10%	18.70%
Free Cash Flow Margin	13.69%	12.53%	12.68%	-34.17%	-10.33%	23.98%
EBITDA	500.72	352.98	77.72	14.87	303.09	199.36
EBITDA Margin	13.89%	10.82%	3.57%	1.00%	17.17%	18.79%
D&A For EBITDA	20.78	33.12	82.5	52.43	29.82	17.74
EBIT	479.95	319.86	-4.78	-37.57	273.27	181.63
EBIT Margin	13.31%	9.80%	-0.22%	-2.53%	15.48%	17.12%
Effective Tax Rate	1.73%	0.32%	0.60%	1.35%	0.52%	0.76%
Revenue as Reported	3,604	3,263	2,176	1,485	1,765	1,061

Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.