Cinderson Tech (Suzhou) Co., Ltd. (SHA:603344)

Cinderson Tech (Suzhou) 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	2,477	2,399	2,021	1,777	2,275	1,631
Other Revenue	55.1	55.1	33.03	30.67	35.51	21.07
Revenue	2,532	2,454	2,054	1,808	2,311	1,652
Revenue Growth (YoY)	16.98%	19.48%	13.63%	-21.77%	39.91%	55.68%
Cost of Revenue	2,136	2,069	1,671	1,487	1,947	1,375
Gross Profit	396.52	385.02	383.75	321.33	364.3	276.56
Selling, General & Admin	95.54	86.61	72.8	63.38	73.1	42.44
Research & Development	92.78	91	88.26	63.76	69.15	51.84
Other Operating Expenses	4.58	4.25	6.28	11.11	4.3	3.82
Operating Expenses	196.42	186.72	170.32	133.4	148.69	109.14
Operating Income	200.1	198.31	213.43	187.93	215.61	167.42
Interest Expense	-0.36	-0.36	-0.22	-2.57	-4.06	-0.45
Interest & Investment Income	21.55	18.15	4.23	2.39	1.45	1.31
Currency Exchange Gain (Loss)	5.78	5.78	0.99	15.3	-3.12	-6.53
Other Non Operating Income (Expenses)	-2.09	-0.13	-0.21	0.45	-3.61	0.34
EBT Excluding Unusual Items	224.98	221.75	218.22	203.5	206.27	162.09
Gain (Loss) on Sale of Investments	0.76	0.14	-1.41	-0.64	-0.76	-0.67
Gain (Loss) on Sale of Assets	-0.63	-0.63	-0.54	0.2	0.02	-0.06
Asset Writedown	-0.85	-	-	-	-5.07	-0.79
Other Unusual Items	4.8	4.8	5.41	7.31	-0.33	0.32
Pretax Income	229.08	226.07	221.69	210.36	200.14	160.89
Income Tax Expense	28.83	27.56	26.31	23.69	27.67	22.28
Earnings From Continuing Operations	200.24	198.5	195.38	186.67	172.47	138.61
Minority Interest in Earnings	-	-	-	-	0	-0.01
Net Income	200.24	198.5	195.38	186.67	172.47	138.61
Net Income to Common	200.24	198.5	195.38	186.67	172.47	138.61
Net Income Growth	-1.76%	1.60%	4.66%	8.24%	24.43%	163.56%
Shares Outstanding (Basic)	195	182	146	146	141	-
Shares Outstanding (Diluted)	195	182	146	146	141	-
Shares Change (YoY)	33.97%	24.90%	-0.02%	3.16%	-	-
EPS (Basic)	1.03	1.09	1.34	1.28	1.22	-
EPS (Diluted)	1.03	1.09	1.34	1.28	1.22	-
EPS Growth	-26.67%	-18.66%	4.69%	4.92%	-	-
Free Cash Flow	50.67	0.42	184.01	262	-25.25	48.17
Free Cash Flow Per Share	0.26	0.00	1.26	1.80	-0.18	-
Dividend Per Share	0.310	0.310	0.310	-	-	-
Gross Margin	15.66%	15.69%	18.68%	17.77%	15.77%	16.74%
Operating Margin	7.90%	8.08%	10.39%	10.39%	9.33%	10.14%
Profit Margin	7.91%	8.09%	9.51%	10.33%	7.46%	8.39%
Free Cash Flow Margin	2.00%	0.02%	8.96%	14.49%	-1.09%	2.92%
EBITDA	227.5	225.27	238.65	211.56	238.04	183.41
EBITDA Margin	8.98%	9.18%	11.62%	11.70%	10.30%	11.11%
D&A For EBITDA	27.4	26.97	25.22	23.63	22.43	15.99
EBIT	200.1	198.31	213.43	187.93	215.61	167.42
EBIT Margin	7.90%	8.08%	10.39%	10.39%	9.33%	10.14%
Effective Tax Rate	12.59%	12.19%	11.87%	11.26%	13.83%	13.85%
Revenue as Reported	2,532	2,454	2,054	1,808	2,311	1,652

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