Beijing Saimo Technology Co., Ltd. (HKG:2571)

Beijing Saimo Technology Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	221.88	175.7	145.39	106.91
Revenue Growth (YoY)	26.28%	20.85%	35.99%	-
Cost of Revenue	70.09	51.14	50.01	42.86
Gross Profit	151.8	124.56	95.38	64.04
Selling, General & Admin	40.87	39.2	31.29	17.67
Research & Development	85.87	71.33	30.9	27.13
Other Operating Expenses	-24.02	-39.91	-10.15	-12.85
Operating Expenses	102.96	77.65	54	32.12
Operating Income	48.84	46.92	41.38	31.93
Interest Expense	-1.18	-1.45	-1.59	-0.27
Interest & Investment Income	7.04	4.02	3.46	2.04
Earnings From Equity Investments	-0.56	0.03	0.36	-
Other Non Operating Income (Expenses)	-0.02	-0.02	-0.09	-0.02
EBT Excluding Unusual Items	54.12	49.5	43.51	33.68
Gain (Loss) on Sale of Investments	2.85	1.26	5.17	5.45
Pretax Income	56.97	50.76	48.69	39.13
Income Tax Expense	1.87	-2.68	-	1.56
Earnings From Continuing Operations	55.09	53.43	48.69	37.57
Minority Interest in Earnings	-1.43	2.05	1.64	0.18
Net Income	53.67	55.48	50.33	37.75
Net Income to Common	53.67	55.48	50.33	37.75
Net Income Growth	-3.27%	10.23%	33.34%	-
Shares Outstanding (Basic)	98	98	97	83
Shares Outstanding (Diluted)	100	100	98	85
Shares Change (YoY)	-0.04%	1.44%	16.40%	-
EPS (Basic)	0.55	0.56	0.52	0.45
EPS (Diluted)	0.54	0.56	0.51	0.45
EPS Growth	-3.57%	9.80%	13.33%	-
Free Cash Flow	1.14	-18.9	-55.59	-12.88
Free Cash Flow Per Share	0.01	-0.19	-0.56	-0.15
Gross Margin	68.41%	70.89%	65.60%	59.91%
Operating Margin	22.01%	26.70%	28.46%	29.87%
Profit Margin	24.19%	31.57%	34.62%	35.31%
Free Cash Flow Margin	0.51%	-10.76%	-38.23%	-12.05%
EBITDA	81.79	67.55	50.92	34.4
EBITDA Margin	36.86%	38.45%	35.02%	32.18%
D&A For EBITDA	32.95	20.64	9.54	2.47
EBIT	48.84	46.92	41.38	31.93
EBIT Margin	22.01%	26.70%	28.46%	29.87%
Effective Tax Rate	3.29%	-	-	3.99%

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