Sunway Co., Ltd. (SHA:603333)

Sunway 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,679	1,690	2,164	1,997	2,291	1,985
Other Revenue	45.03	45.03	42.2	19.61	52.15	44.52
Revenue	1,724	1,735	2,207	2,017	2,344	2,030
Revenue Growth (YoY)	-18.06%	-21.39%	9.41%	-13.94%	15.47%	-0.19%
Cost of Revenue	1,406	1,415	1,820	1,645	1,963	1,671
Gross Profit	317.92	319.69	386.37	371.72	380.63	358.5
Selling, General & Admin	196.59	198.94	223.83	216.21	232.77	192.82
Research & Development	69.93	73	98.64	87.91	103.55	78.16
Other Operating Expenses	-0.42	-1.52	-3.34	17.91	16.51	16.73
Operating Expenses	283.77	284.71	353.43	321.97	373.99	291.52
Operating Income	34.15	34.98	32.94	49.75	6.64	66.99
Interest Expense	-23.29	-23.54	-23.08	-25.91	-31.08	-37.13
Interest & Investment Income	11.46	12.11	9.71	13.48	3.68	2.81
Currency Exchange Gain (Loss)	0.06	0.06	1	0.35	-0.12	-0.4
Other Non Operating Income (Expenses)	0.01	-0.27	-2.59	-0.48	-4.38	-3.99
EBT Excluding Unusual Items	22.4	23.33	17.98	37.2	-25.27	28.28
Gain (Loss) on Sale of Investments	-1.63	-1.73	-0	-25.46	-2.5	-28.86
Gain (Loss) on Sale of Assets	2.59	-0.65	-0.06	-0.08	-1.01	-0.27
Asset Writedown	-0.2	-1.16	-0.38	-	-15.12	-
Legal Settlements	-0.26	-0.26	-0.39	-0.54	-0.94	-0.78
Other Unusual Items	2.32	2.41	5.82	7.5	6.06	18.34
Pretax Income	25.22	21.95	22.97	18.62	-38.79	16.7
Income Tax Expense	7.11	5.95	3.01	1.38	-0.48	1.91
Earnings From Continuing Operations	18.11	16	19.96	17.24	-38.31	14.8
Minority Interest in Earnings	0.26	0.34	0.48	1.03	7.41	1.73
Net Income	18.37	16.34	20.44	18.27	-30.9	16.52
Net Income to Common	18.37	16.34	20.44	18.27	-30.9	16.52
Net Income Growth	741.49%	-20.06%	11.93%	-	-	-84.06%
Shares Outstanding (Basic)	588	545	681	609	515	551
Shares Outstanding (Diluted)	588	545	681	609	515	551
Shares Change (YoY)	-12.68%	-20.06%	11.93%	18.23%	-6.51%	6.26%
EPS (Basic)	0.03	0.03	0.03	0.03	-0.06	0.03
EPS (Diluted)	0.03	0.03	0.03	0.03	-0.06	0.03
EPS Growth	863.79%	-	-	-	-	-85.00%
Free Cash Flow	88.99	94	46.16	100.8	-250.41	282.38
Free Cash Flow Per Share	0.15	0.17	0.07	0.17	-0.49	0.51
Dividend Per Share	0.010	0.010	0.010	-	-	-
Gross Margin	18.44%	18.43%	17.51%	18.43%	16.24%	17.66%
Operating Margin	1.98%	2.02%	1.49%	2.47%	0.28%	3.30%
Profit Margin	1.06%	0.94%	0.93%	0.91%	-1.32%	0.81%
Free Cash Flow Margin	5.16%	5.42%	2.09%	5.00%	-10.69%	13.91%
EBITDA	93.77	94.25	90.83	108.14	67.1	114.19
EBITDA Margin	5.44%	5.43%	4.12%	5.36%	2.86%	5.63%
D&A For EBITDA	59.62	59.27	57.88	58.39	60.47	47.21
EBIT	34.15	34.98	32.94	49.75	6.64	66.99
EBIT Margin	1.98%	2.02%	1.49%	2.47%	0.28%	3.30%
Effective Tax Rate	28.19%	27.12%	13.11%	7.42%	-	11.43%
Revenue as Reported	1,724	1,735	2,207	2,017	2,344	2,030
Advertising Expenses	-	0.19	1.47	1.07	2.63	0.2

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