SEC Electric Machinery Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	654.45	657.33	755.77	857.27	817.86
Other Revenue	4.05	8.96	1.61	2.68	1.5
Revenue	658.5	666.29	757.38	859.94	819.36
Revenue Growth (YoY)	-1.17%	-12.03%	-11.93%	4.95%	-4.33%
Cost of Revenue	519.14	517.91	599.22	649.77	609.19
Gross Profit	139.36	148.38	158.16	210.17	210.17
Selling, General & Admin	78.41	79.68	97.3	114.08	119.36
Research & Development	23.11	24.94	27.12	34.43	26.82
Other Operating Expenses	2.69	3.67	4.02	5.02	4.14
Operating Expenses	124.87	128.67	128.73	151.59	139.03
Operating Income	14.49	19.71	29.43	58.58	71.14
Interest Expense	-1.66	-	-2.8	-1.87	-2.44
Interest & Investment Income	20.4	0.75	3.69	6.52	0.78
Currency Exchange Gain (Loss)	1.61	0.22	1.57	1.64	-4.85
Other Non Operating Income (Expenses)	-0.44	-0.55	-0.45	0.1	-0.91
EBT Excluding Unusual Items	34.39	20.14	31.44	64.97	63.73
Gain (Loss) on Sale of Investments	0.19	-35.42	16.96	-14.32	-17.55
Gain (Loss) on Sale of Assets	-0.04	0	0.19	1.06	0.18
Asset Writedown	-0.01	-	-	-	-
Other Unusual Items	0.42	1.76	0.83	7.23	0.85
Pretax Income	34.95	-13.52	49.42	58.93	47.21
Income Tax Expense	4.31	-3.19	6.21	7.34	7.28
Net Income	30.65	-10.33	43.21	51.59	39.94
Net Income to Common	30.65	-10.33	43.21	51.59	39.94
Net Income Growth	-	-	-16.24%	29.17%	-76.67%
Shares Outstanding (Basic)	236	258	240	234	235
Shares Outstanding (Diluted)	236	258	240	234	235
Shares Change (YoY)	-8.69%	7.56%	2.37%	-0.19%	0.17%
EPS (Basic)	0.13	-0.04	0.18	0.22	0.17
EPS (Diluted)	0.13	-0.04	0.18	0.22	0.17
EPS Growth	-	-	-18.18%	29.41%	-76.71%
Free Cash Flow	73.33	28.17	35.26	-42.47	-11.01
Free Cash Flow Per Share	0.31	0.11	0.15	-0.18	-0.05
Dividend Per Share	0.045	0.040	0.060	0.066	0.057
Dividend Growth	12.50%	-33.33%	-8.82%	16.46%	-94.83%
Gross Margin	21.16%	22.27%	20.88%	24.44%	25.65%
Operating Margin	2.20%	2.96%	3.89%	6.81%	8.68%
Profit Margin	4.65%	-1.55%	5.71%	6.00%	4.87%
Free Cash Flow Margin	11.14%	4.23%	4.66%	-4.94%	-1.34%
EBITDA	29.62	34.27	44.94	71.91	84.69
EBITDA Margin	4.50%	5.14%	5.93%	8.36%	10.34%
D&A For EBITDA	15.14	14.56	15.51	13.32	13.54
EBIT	14.49	19.71	29.43	58.58	71.14
EBIT Margin	2.20%	2.96%	3.89%	6.81%	8.68%
Effective Tax Rate	12.33%	-	12.57%	12.46%	15.41%
Revenue as Reported	658.5	666.29	757.38	859.94	819.36
Advertising Expenses	2.66	2.73	4.93	6.34	9.46

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