Ways Electron Co.,Ltd. (SHA:605218)

Ways Electron 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	2,064	2,012	1,553	1,344	1,186	1,094
Other Revenue	15.42	15.42	14.63	14.33	14.22	7.26
Revenue	2,079	2,027	1,568	1,359	1,201	1,102
Revenue Growth (YoY)	23.21%	29.31%	15.38%	13.18%	8.98%	-10.46%
Cost of Revenue	1,828	1,778	1,289	1,113	999.77	854.21
Gross Profit	250.98	249.79	278.27	245.61	200.74	247.4
Selling, General & Admin	106.11	102.69	96.67	87.95	80.29	79.47
Research & Development	127.89	121.69	100.03	101.97	82.13	66.42
Other Operating Expenses	9.8	6.1	5.84	5.48	4.6	4.38
Operating Expenses	245.78	234.11	205.08	191.47	168.15	157.6
Operating Income	5.2	15.68	73.2	54.14	32.59	89.8
Interest Expense	-1.98	-1.83	-1.13	-0.46	-0.81	-0.15
Interest & Investment Income	12.62	11.99	11.18	5.85	28.95	8.56
Currency Exchange Gain (Loss)	10.07	10.07	5.65	29.39	-8.64	-19.86
Other Non Operating Income (Expenses)	-0.52	-0.45	-0.49	-0.55	-0	-1
EBT Excluding Unusual Items	25.4	35.46	88.41	88.36	52.1	77.35
Gain (Loss) on Sale of Investments	3.38	1.42	27.9	6.33	-7	7.4
Gain (Loss) on Sale of Assets	0.03	-0.08	-0.21	-0.24	0.23	0.21
Asset Writedown	4.6	-	-	-	-0.06	-
Other Unusual Items	14.18	8.55	7.71	1.4	3.31	3.94
Pretax Income	47.6	45.36	123.81	95.85	48.59	88.91
Income Tax Expense	-10.89	-10.63	5.8	-0.29	-3.81	7.22
Earnings From Continuing Operations	58.48	55.98	118	96.14	52.4	81.69
Net Income	58.48	55.98	118	96.14	52.4	81.69
Net Income to Common	58.48	55.98	118	96.14	52.4	81.69
Net Income Growth	-50.52%	-52.56%	22.74%	83.49%	-35.86%	-21.52%
Shares Outstanding (Basic)	211	211	211	212	213	173
Shares Outstanding (Diluted)	212	212	212	212	213	173
Shares Change (YoY)	0.30%	0.09%	-0.09%	-0.47%	23.07%	8.34%
EPS (Basic)	0.28	0.27	0.56	0.45	0.25	0.47
EPS (Diluted)	0.28	0.26	0.56	0.45	0.25	0.47
EPS Growth	-50.67%	-52.60%	22.85%	84.36%	-47.88%	-27.56%
Free Cash Flow	-258.92	-135.16	-142.2	92.65	-41.97	-62.22
Free Cash Flow Per Share	-1.22	-0.64	-0.67	0.44	-0.20	-0.36
Dividend Per Share	0.055	0.055	0.278	0.100	0.050	0.120
Dividend Growth	-80.22%	-80.22%	178.00%	100.00%	-58.33%	-
Gross Margin	12.07%	12.32%	17.75%	18.08%	16.72%	22.46%
Operating Margin	0.25%	0.77%	4.67%	3.98%	2.71%	8.15%
Profit Margin	2.81%	2.76%	7.53%	7.08%	4.36%	7.42%
Free Cash Flow Margin	-12.45%	-6.67%	-9.07%	6.82%	-3.50%	-5.65%
EBITDA	51.11	60.37	112.98	87.84	61.73	113.93
EBITDA Margin	2.46%	2.98%	7.21%	6.46%	5.14%	10.34%
D&A For EBITDA	45.92	44.69	39.78	33.7	29.13	24.13
EBIT	5.2	15.68	73.2	54.14	32.59	89.8
EBIT Margin	0.25%	0.77%	4.67%	3.98%	2.71%	8.15%
Effective Tax Rate	-	-	4.69%	-	-	8.12%
Revenue as Reported	2,079	2,027	1,568	1,359	1,201	1,102

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