Chengdu Xuguang Electronics Co., Ltd. (SHA:600353)

SHA:600353 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,366	1,304	1,112	952.6	818.72	781.6
Other Revenue	282.68	282.68	204.47	188.64	188.04	120.44
Revenue	1,649	1,586	1,317	1,141	1,007	902.04
Revenue Growth (YoY)	7.45%	20.48%	15.38%	13.36%	11.61%	-24.87%
Cost of Revenue	1,254	1,228	965.27	837.68	781.14	739.72
Gross Profit	395.06	358.32	351.52	303.57	225.62	162.31
Selling, General & Admin	151	145.64	141.68	140.81	100.51	94.04
Research & Development	74.38	73.76	59.53	54.13	38.86	35.21
Other Operating Expenses	14.06	9.04	9.01	7.41	6.86	6.66
Operating Expenses	252.56	240.33	220.52	214.39	152.66	141.51
Operating Income	142.5	118	131	89.18	72.95	20.8
Interest Expense	-15.06	-11.63	-9.6	-4.55	-1.43	-1.39
Interest & Investment Income	2.43	1.76	2.46	31.75	15.84	41.53
Currency Exchange Gain (Loss)	0.75	0.75	0.92	3.78	-5.86	-1.01
Other Non Operating Income (Expenses)	-2.23	-2.87	-1.67	-0.37	-1.49	0.13
EBT Excluding Unusual Items	128.39	106	123.11	119.79	80.01	60.06
Gain (Loss) on Sale of Investments	-9.96	-15.08	-18.49	-	-	-
Gain (Loss) on Sale of Assets	-0.15	-0.16	-0.77	-0.09	0.02	-0.04
Asset Writedown	-2.66	-0.62	-	-	-	-
Other Unusual Items	19.54	19.6	26.99	10.6	5.91	3.92
Pretax Income	135.17	109.75	130.83	130.3	85.94	63.94
Income Tax Expense	18.52	18.33	18.33	10.21	6.95	5.78
Earnings From Continuing Operations	116.65	91.42	112.5	120.09	79	58.17
Minority Interest in Earnings	6.06	11.06	-19.79	-19.98	-21.04	-4.63
Net Income	122.72	102.48	92.71	100.12	57.95	53.54
Net Income to Common	122.72	102.48	92.71	100.12	57.95	53.54
Net Income Growth	23.56%	10.53%	-7.39%	72.76%	8.24%	-4.18%
Shares Outstanding (Basic)	833	834	733	779	759	756
Shares Outstanding (Diluted)	833	834	733	779	759	756
Shares Change (YoY)	0.05%	13.77%	-5.78%	2.63%	0.31%	1.91%
EPS (Basic)	0.15	0.12	0.13	0.13	0.08	0.07
EPS (Diluted)	0.15	0.12	0.13	0.13	0.08	0.07
EPS Growth	23.49%	-2.85%	-1.71%	68.33%	7.91%	-5.98%
Free Cash Flow	-157.88	-57.07	-135.52	-256.65	-35.24	-6.44
Free Cash Flow Per Share	-0.19	-0.07	-0.18	-0.33	-0.05	-0.01
Dividend Per Share	0.060	0.060	0.040	-	-	0.021
Dividend Growth	50.00%	50.00%	-	-	-	-50.12%
Gross Margin	23.96%	22.59%	26.70%	26.60%	22.41%	17.99%
Operating Margin	8.64%	7.44%	9.95%	7.81%	7.25%	2.31%
Profit Margin	7.44%	6.46%	7.04%	8.77%	5.76%	5.93%
Free Cash Flow Margin	-9.57%	-3.60%	-10.29%	-22.49%	-3.50%	-0.71%
EBITDA	198.78	168	172.64	124.99	101.25	47.23
EBITDA Margin	12.06%	10.59%	13.11%	10.95%	10.06%	5.24%
D&A For EBITDA	56.28	50.01	41.64	35.81	28.29	26.43
EBIT	142.5	118	131	89.18	72.95	20.8
EBIT Margin	8.64%	7.44%	9.95%	7.81%	7.25%	2.31%
Effective Tax Rate	13.70%	16.71%	14.01%	7.83%	8.08%	9.04%
Revenue as Reported	1,649	1,586	1,317	1,141	1,007	902.04
Advertising Expenses	-	0.28	0.19	0.52	0	0.18

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.