Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. (HKG:9663)

HKG:9663 Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	299.87	442.44	700.62	748.48	457.14
Revenue Growth (YoY)	-32.22%	-36.85%	-6.39%	63.73%	101.49%
Cost of Revenue	275.22	402.41	524.87	589.67	329.61
Gross Profit	24.66	40.03	175.75	158.8	127.53
Selling, General & Admin	220.2	276.48	309.01	230.66	639.25
Research & Development	132.8	130.49	151.12	91.82	72.19
Other Operating Expenses	158.66	-11.46	-51.09	5.73	-3.5
Operating Expenses	511.66	503.35	582.46	437.08	788.06
Operating Income	-487	-463.32	-406.71	-278.28	-660.54
Interest Expense	-21.54	-22.32	-10.13	-17.11	-25.03
Interest & Investment Income	3.25	7.88	12.67	10.43	9.5
Earnings From Equity Investments	-0.37	-0.35	-40.09	-19.99	-6.61
Currency Exchange Gain (Loss)	2.95	1.72	-3.42	-0.34	-
Other Non Operating Income (Expenses)	-	0.15	9.01	10.72	-12.28
EBT Excluding Unusual Items	-502.72	-476.23	-438.67	-294.57	-694.95
Gain (Loss) on Sale of Investments	23.43	60.22	2.25	0.1	-
Gain (Loss) on Sale of Assets	-3.07	-0.08	0.01	0.79	-
Legal Settlements	-2.81	-	-	-	-
Pretax Income	-485.16	-416.1	-436.42	-293.68	-694.95
Income Tax Expense	0.48	-8.89	-28.8	-13.45	8.1
Earnings From Continuing Operations	-485.64	-407.21	-407.62	-280.23	-703.04
Minority Interest in Earnings	1.86	0.03	3.18	6.81	-0.03
Net Income	-483.78	-407.18	-404.45	-273.42	-703.08
Net Income to Common	-483.78	-407.18	-404.45	-273.42	-703.08
Shares Outstanding (Basic)	517	518	428	382	316
Shares Outstanding (Diluted)	517	518	428	382	316
Shares Change (YoY)	-0.28%	21.11%	11.86%	21.01%	53.50%
EPS (Basic)	-0.94	-0.79	-0.95	-0.72	-2.23
EPS (Diluted)	-0.94	-0.79	-0.95	-0.72	-2.23
Free Cash Flow	-	-526.39	-397.69	-515.46	-748.06
Free Cash Flow Per Share	-	-1.02	-0.93	-1.35	-2.37
Gross Margin	8.22%	9.05%	25.09%	21.22%	27.90%
Operating Margin	-162.41%	-104.72%	-58.05%	-37.18%	-144.49%
Profit Margin	-161.33%	-92.03%	-57.73%	-36.53%	-153.80%
Free Cash Flow Margin	-	-118.98%	-56.76%	-68.87%	-163.64%
EBITDA	-396.66	-372.98	-345.52	-245.76	-634.03
EBITDA Margin	-132.28%	-84.30%	-49.32%	-32.83%	-138.70%
D&A For EBITDA	90.34	90.34	61.18	32.52	26.51
EBIT	-487	-463.32	-406.71	-278.28	-660.54
EBIT Margin	-162.41%	-104.72%	-58.05%	-37.18%	-144.49%

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