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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,437	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	1,482	1,735	2,207	2,017	2,344	2,030
Revenue Growth (YoY)	-17.69%	-21.39%	9.41%	-13.94%	15.47%	-0.19%
Cost of Revenue	1,250	1,415	1,820	1,645	1,963	1,671
Gross Profit	232.22	319.69	386.37	371.72	380.63	358.5
Selling, General & Admin	175.84	198.94	223.83	216.21	232.77	192.82
Research & Development	58.99	73	98.64	87.91	103.55	78.16
Other Operating Expenses	3.66	-1.52	-3.34	17.91	16.51	16.73
Operating Expenses	255.6	284.71	353.43	321.97	373.99	291.52
Operating Income	-23.38	34.98	32.94	49.75	6.64	66.99
Interest Expense	-21.69	-23.54	-23.08	-25.91	-31.08	-37.13
Interest & Investment Income	11.22	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)	0.7	-0.27	-2.59	-0.48	-4.38	-3.99
EBT Excluding Unusual Items	-33.09	23.33	17.98	37.2	-25.27	28.28
Gain (Loss) on Sale of Investments	-1.55	-1.73	-0	-25.46	-2.5	-28.86
Gain (Loss) on Sale of Assets	4.18	-0.65	-0.06	-0.08	-1.01	-0.27
Asset Writedown	-0.51	-1.16	-0.38	-	-15.12	-
Legal Settlements	-0.26	-0.26	-0.39	-0.54	-0.94	-0.78
Other Unusual Items	2.3	2.41	5.82	7.5	6.06	18.34
Pretax Income	-28.93	21.95	22.97	18.62	-38.79	16.7
Income Tax Expense	-0.09	5.95	3.01	1.38	-0.48	1.91
Earnings From Continuing Operations	-28.84	16	19.96	17.24	-38.31	14.8
Minority Interest in Earnings	0.49	0.34	0.48	1.03	7.41	1.73
Net Income	-28.34	16.34	20.44	18.27	-30.9	16.52
Net Income to Common	-28.34	16.34	20.44	18.27	-30.9	16.52
Net Income Growth	-	-20.06%	11.93%	-	-	-84.06%
Shares Outstanding (Basic)	551	545	681	609	515	551
Shares Outstanding (Diluted)	551	545	681	609	515	551
Shares Change (YoY)	-21.41%	-20.06%	11.93%	18.23%	-6.51%	6.26%
EPS (Basic)	-0.05	0.03	0.03	0.03	-0.06	0.03
EPS (Diluted)	-0.05	0.03	0.03	0.03	-0.06	0.03
EPS Growth	-	-	-	-	-	-85.00%
Free Cash Flow	55.46	94	46.16	100.8	-250.41	282.38
Free Cash Flow Per Share	0.10	0.17	0.07	0.17	-0.49	0.51
Dividend Per Share	0.010	0.010	0.010	-	-	-
Gross Margin	15.67%	18.43%	17.51%	18.43%	16.24%	17.66%
Operating Margin	-1.58%	2.02%	1.49%	2.47%	0.28%	3.30%
Profit Margin	-1.91%	0.94%	0.93%	0.91%	-1.32%	0.81%
Free Cash Flow Margin	3.74%	5.42%	2.09%	5.00%	-10.69%	13.91%
EBITDA	36.94	94.25	90.83	108.14	67.1	114.19
EBITDA Margin	2.49%	5.43%	4.12%	5.36%	2.86%	5.63%
D&A For EBITDA	60.31	59.27	57.88	58.39	60.47	47.21
EBIT	-23.38	34.98	32.94	49.75	6.64	66.99
EBIT Margin	-1.58%	2.02%	1.49%	2.47%	0.28%	3.30%
Effective Tax Rate	-	27.12%	13.11%	7.42%	-	11.43%
Revenue as Reported	1,482	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.