Changchun High-Tech Industries (Group) Inc.

000661.SZ

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

1,885

Cost of Revenue

290

Gross Profit

1,595

Gross Margin

84.6%

Operating Income

461

Operating Margin

24.5%

Net Income

362

Net Margin

19.2%

EPS (Basic)

$1.00

EPS (Diluted)

$1.00

EBITDA

569

EBITDA Margin

30.2%

2023

12/31/2023

Revenue

2,039

Cost of Revenue

296

Gross Profit

1,743

Gross Margin

85.5%

Operating Income

782

Operating Margin

38.4%

Net Income

635

Net Margin

31.1%

EPS (Basic)

$2.00

EPS (Diluted)

$2.00

EBITDA

860

EBITDA Margin

42.2%

2022

12/31/2022

Revenue

1,768

Cost of Revenue

221

Gross Profit

1,547

Gross Margin

87.5%

Operating Income

696

Operating Margin

39.3%

Net Income

580

Net Margin

32.8%

EPS (Basic)

$1.00

EPS (Diluted)

$1.00

EBITDA

745

EBITDA Margin

42.2%

2021

12/31/2021

Revenue

1,505

Cost of Revenue

201

Gross Profit

1,303

Gross Margin

86.6%

Operating Income

660

Operating Margin

43.9%

Net Income

526

Net Margin

35.0%

EPS (Basic)

$1.00

EPS (Diluted)

$1.00

EBITDA

680

EBITDA Margin

45.2%

2020

12/31/2020

Revenue

1,201

Cost of Revenue

160

Gross Profit

1,040

Gross Margin

86.6%

Operating Income

551

Operating Margin

45.9%

Net Income

427

Net Margin

35.5%

EPS (Basic)

$1.00

EPS (Diluted)

$1.00

EBITDA

553

EBITDA Margin

46.0%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	1,885	2,039	1,768	1,505	1,201
Cost of Revenue	290	296	221	201	160
Gross Profit	1,595	1,743	1,547	1,303	1,040
Gross Margin	84.6%	85.5%	87.5%	86.6%	86.6%
Operating Income	461	782	696	660	551
Operating Margin	24.5%	38.4%	39.3%	43.9%	45.9%
Net Income	362	635	580	526	427
Net Margin	19.2%	31.1%	32.8%	35.0%	35.5%
EPS (Basic)	$1.00	$2.00	$1.00	$1.00	$1.00
EPS (Diluted)	$1.00	$2.00	$1.00	$1.00	$1.00
EBITDA	569	860	745	680	553
EBITDA Margin	30.2%	42.2%	42.2%	45.2%	46.0%