Changchun High-Tech Industry (Group) Co., Ltd. (SHE:000661)

SHE:000661 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	13,259	13,439	14,543	12,613	10,747	8,577
Other Revenue	26.96	26.96	23.03	13.86	-	-
Revenue	13,286	13,466	14,566	12,627	10,747	8,577
Revenue Growth (YoY)	-11.22%	-7.56%	15.35%	17.50%	25.30%	16.31%
Cost of Revenue	1,898	2,072	2,117	1,578	1,437	1,145
Gross Profit	11,387	11,394	12,449	11,050	9,310	7,431
Selling, General & Admin	6,021	5,641	4,927	4,631	3,697	3,061
Research & Development	2,259	2,167	1,723	1,358	884.5	474.61
Other Operating Expenses	68.66	78.49	105.93	106.36	134.71	116.74
Operating Expenses	8,361	7,893	6,801	6,109	4,727	3,657
Operating Income	3,026	3,501	5,649	4,940	4,583	3,774
Interest Expense	-33.83	-37.22	-36.69	-43.75	-33.69	-34
Interest & Investment Income	98.29	130.73	147.06	133.62	124.03	100.56
Currency Exchange Gain (Loss)	-11.68	-11.68	5.16	6.67	-0.53	-1.03
Other Non Operating Income (Expenses)	-183.28	-152.11	-31.92	-43.02	-94.01	1.29
EBT Excluding Unusual Items	2,895	3,431	5,732	4,994	4,579	3,841
Impairment of Goodwill	-3.61	-3.61	-9.36	-7.76	-3.94	-
Gain (Loss) on Sale of Investments	-116.93	-130.89	-126.91	-75.71	-33.68	-14.84
Gain (Loss) on Sale of Assets	0.51	-0.47	-0.5	-1.43	0.94	41.27
Asset Writedown	-38.54	-37.82	-56.6	-1.31	-8.2	-1.07
Other Unusual Items	-119.59	-119.59	-35.44	16.58	82.63	46.93
Pretax Income	2,618	3,139	5,510	4,924	4,617	3,913
Income Tax Expense	332.8	431.81	734.45	708.93	719.23	605.64
Earnings From Continuing Operations	2,285	2,708	4,776	4,215	3,897	3,308
Minority Interest in Earnings	-88.19	-124.46	-243.33	-74.69	-139.99	-261.07
Net Income	2,197	2,583	4,532	4,141	3,757	3,047
Net Income to Common	2,197	2,583	4,532	4,141	3,757	3,047
Net Income Growth	-51.54%	-43.01%	9.47%	10.19%	23.33%	71.64%
Shares Outstanding (Basic)	403	402	404	402	405	405
Shares Outstanding (Diluted)	403	402	410	408	410	408
Shares Change (YoY)	-1.82%	-1.82%	0.56%	-0.54%	0.34%	18.14%
EPS (Basic)	5.46	6.42	11.21	10.29	9.28	7.53
EPS (Diluted)	5.46	6.42	11.06	10.16	9.17	7.46
EPS Growth	-50.65%	-41.95%	8.86%	10.80%	22.92%	45.28%
Free Cash Flow	308.03	923.12	3,007	735.16	1,101	13.88
Free Cash Flow Per Share	0.77	2.29	7.34	1.80	2.69	0.03
Dividend Per Share	2.600	2.600	4.500	1.000	0.800	0.800
Dividend Growth	-42.22%	-42.22%	350.00%	25.00%	-	60.00%
Gross Margin	85.71%	84.61%	85.47%	87.51%	86.63%	86.65%
Operating Margin	22.78%	26.00%	38.78%	39.12%	42.65%	44.01%
Profit Margin	16.54%	19.18%	31.12%	32.79%	34.96%	35.52%
Free Cash Flow Margin	2.32%	6.86%	20.64%	5.82%	10.24%	0.16%
EBITDA	3,610	4,067	6,143	5,324	4,859	3,948
EBITDA Margin	27.17%	30.21%	42.17%	42.17%	45.21%	46.04%
D&A For EBITDA	584.05	566.08	494.22	384.1	275.4	174.22
EBIT	3,026	3,501	5,649	4,940	4,583	3,774
EBIT Margin	22.78%	26.00%	38.78%	39.12%	42.65%	44.01%
Effective Tax Rate	12.71%	13.76%	13.33%	14.40%	15.58%	15.48%
Revenue as Reported	13,286	13,466	14,566	12,627	10,747	8,577
Advertising Expenses	-	91.44	59.74	36.52	40.68	66.37

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