Beijing Sifang Automation Co.,Ltd (SHA:601126)

SHA:601126 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	6,938	5,737	5,066	4,286	3,852
Other Revenue	12.55	14.2	12.71	12.47	11.3
Revenue	6,951	5,751	5,078	4,298	3,863
Revenue Growth (YoY)	20.86%	13.24%	18.15%	11.26%	4.94%
Cost of Revenue	4,729	3,835	3,481	2,787	2,475
Gross Profit	2,221	1,916	1,598	1,511	1,389
Selling, General & Admin	828.97	751.74	642.41	637.81	618.85
Research & Development	653.87	538.93	422.82	444.65	417
Other Operating Expenses	-61.66	-65.37	-46.68	-58.23	-52.12
Operating Expenses	1,487	1,250	1,013	1,040	1,039
Operating Income	734.37	666.38	585.27	470.76	349.75
Interest Expense	-0.28	-0.64	-0.98	-1.3	-
Interest & Investment Income	72.14	66.5	54.66	46.78	110.69
Currency Exchange Gain (Loss)	0.96	1.28	4.38	-2.75	-4.42
Other Non Operating Income (Expenses)	-3.41	-0.07	-5.79	-5.26	-3.05
EBT Excluding Unusual Items	803.78	733.45	637.54	508.24	452.96
Gain (Loss) on Sale of Investments	-0.43	-	-0.95	-	-
Gain (Loss) on Sale of Assets	0.05	0.15	0.14	0.73	-0.12
Asset Writedown	-	-	-	-	-68.72
Other Unusual Items	20.37	1.61	17.33	24.6	27.22
Pretax Income	823.78	735.2	654.07	533.56	411.34
Income Tax Expense	107.94	107.3	110.37	81.14	73.98
Earnings From Continuing Operations	715.83	627.9	543.7	452.43	337.36
Minority Interest in Earnings	-0.25	-0.69	-0.48	-0.54	6.59
Net Income	715.59	627.21	543.21	451.89	343.95
Net Income to Common	715.59	627.21	543.21	451.89	343.95
Net Income Growth	14.09%	15.46%	20.21%	31.38%	83.07%
Shares Outstanding (Basic)	823	836	811	807	800
Shares Outstanding (Diluted)	823	836	811	807	800
Shares Change (YoY)	-1.65%	3.15%	0.47%	0.88%	2.18%
EPS (Basic)	0.87	0.75	0.67	0.56	0.43
EPS (Diluted)	0.87	0.75	0.67	0.56	0.43
EPS Growth	16.00%	11.94%	19.64%	30.23%	79.17%
Free Cash Flow	1,087	1,105	634.69	625.7	946.02
Free Cash Flow Per Share	1.32	1.32	0.78	0.78	1.18
Dividend Per Share	0.720	0.600	0.615	0.500	0.980
Dividend Growth	20.00%	-2.44%	23.00%	-48.98%	450.56%
Gross Margin	31.96%	33.32%	31.46%	35.15%	35.95%
Operating Margin	10.56%	11.59%	11.52%	10.95%	9.05%
Profit Margin	10.29%	10.91%	10.70%	10.51%	8.90%
Free Cash Flow Margin	15.64%	19.21%	12.50%	14.56%	24.49%
EBITDA	825.98	763.9	669.62	562.77	470.18
EBITDA Margin	11.88%	13.28%	13.18%	13.09%	12.17%
D&A For EBITDA	91.61	97.52	84.35	92.01	120.43
EBIT	734.37	666.38	585.27	470.76	349.75
EBIT Margin	10.56%	11.59%	11.52%	10.95%	9.05%
Effective Tax Rate	13.10%	14.59%	16.87%	15.21%	17.98%
Revenue as Reported	6,951	5,751	5,078	4,298	3,863
Advertising Expenses	3.67	16.1	14.98	20.38	16.35

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.