Daming Electronics Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	2,727	2,138	1,684
Other Revenue	-	9.05	28.96
Revenue	2,727	2,147	1,713
Revenue Growth (YoY)	26.99%	25.32%	-
Cost of Revenue	2,152	1,723	1,374
Gross Profit	575.13	424.44	339.6
Selling, General & Admin	80.91	68.99	62.62
Research & Development	119.14	113.88	98.8
Other Operating Expenses	-5.09	4.71	5.73
Operating Expenses	194.96	195.7	174.93
Operating Income	380.17	228.74	164.67
Interest Expense	-	-24.12	-18.62
Interest & Investment Income	-	0.24	0.19
Currency Exchange Gain (Loss)	-	-0	-0
Other Non Operating Income (Expenses)	-39.43	5.6	2.56
EBT Excluding Unusual Items	340.74	210.45	148.8
Gain (Loss) on Sale of Investments	0.51	-0.04	-0.29
Gain (Loss) on Sale of Assets	-0.34	0.62	0.06
Asset Writedown	-22.95	-0.68	-0.76
Other Unusual Items	-	14.45	10.84
Pretax Income	317.97	224.8	158.65
Income Tax Expense	35.87	19.34	7.99
Net Income	282.1	205.47	150.66
Net Income to Common	282.1	205.47	150.66
Net Income Growth	37.29%	36.38%	-
Shares Outstanding (Basic)	362	360	342
Shares Outstanding (Diluted)	362	360	342
Shares Change (YoY)	0.33%	5.27%	-
EPS (Basic)	0.78	0.57	0.44
EPS (Diluted)	0.78	0.57	0.44
EPS Growth	36.84%	29.54%	-
Free Cash Flow	-215.92	-41.91	-140.59
Free Cash Flow Per Share	-0.60	-0.12	-0.41
Gross Margin	21.09%	19.77%	19.82%
Operating Margin	13.94%	10.65%	9.61%
Profit Margin	10.35%	9.57%	8.79%
Free Cash Flow Margin	-7.92%	-1.95%	-8.21%
EBITDA	489.14	318.39	231.79
EBITDA Margin	17.94%	14.83%	13.53%
D&A For EBITDA	108.97	89.65	67.12
EBIT	380.17	228.74	164.67
EBIT Margin	13.94%	10.65%	9.61%
Effective Tax Rate	11.28%	8.60%	5.04%
Revenue as Reported	-	2,147	1,713
Advertising Expenses	-	0.03	0.69

Source: S&P Capital IQ. Standard template. Financial Sources.