Shenzhen Sine Electric Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	410.05	359.82	368.76	340.88	436.47	394.3
Other Revenue	6.98	6.98	4.47	6.64	8.98	8.63
Revenue	417.03	366.8	373.23	347.51	445.45	402.93
Revenue Growth (YoY)	16.52%	-1.72%	7.40%	-21.99%	10.55%	43.33%
Cost of Revenue	285.74	242.51	255.9	250.73	309.17	264.79
Gross Profit	131.29	124.29	117.33	96.78	136.29	138.14
Selling, General & Admin	62.76	56.74	47.25	45.35	50.37	49.43
Research & Development	34.8	36.15	32.74	25.48	21.34	21.65
Other Operating Expenses	4.27	0.85	-8.31	-4.04	-6.41	-12.58
Operating Expenses	101.41	95.08	73.71	64.14	65.54	59.37
Operating Income	29.88	29.2	43.62	32.63	70.75	78.77
Interest Expense	-0.08	-0.04	-0.05	-0.09	-0.13	-0.51
Interest & Investment Income	7.14	7.59	8.98	8.48	4.55	1.03
Currency Exchange Gain (Loss)	0.35	0.35	0.09	1.97	-0.28	-0.57
Other Non Operating Income (Expenses)	-0.03	0.25	0.03	-0.19	-0.16	0.13
EBT Excluding Unusual Items	37.25	37.35	52.67	42.79	74.73	78.85
Gain (Loss) on Sale of Investments	1.48	2.41	1.75	0.57	0.59	0.03
Gain (Loss) on Sale of Assets	-0.1	-0.23	0.07	-0.02	0.05	-
Asset Writedown	-0.12	-	-	-	-	-0.18
Other Unusual Items	0.28	0.28	1.63	10.52	4.95	-1.07
Pretax Income	38.8	39.81	56.12	53.87	80.33	77.63
Income Tax Expense	2.12	1.98	5	8.02	7.15	7.27
Earnings From Continuing Operations	36.68	37.83	51.12	45.85	73.19	70.36
Net Income	36.68	37.83	51.12	45.85	73.19	70.36
Net Income to Common	36.68	37.83	51.12	45.85	73.19	70.36
Net Income Growth	-0.60%	-26.00%	11.51%	-37.36%	4.02%	25.73%
Shares Outstanding (Basic)	87	86	87	87	79	65
Shares Outstanding (Diluted)	87	86	87	87	79	65
Shares Change (YoY)	1.63%	-0.77%	0.17%	9.92%	21.91%	0.08%
EPS (Basic)	0.42	0.44	0.59	0.53	0.93	1.09
EPS (Diluted)	0.42	0.44	0.59	0.53	0.93	1.09
EPS Growth	-2.20%	-25.42%	11.32%	-43.01%	-14.68%	25.63%
Free Cash Flow	31.02	45.08	-28.76	91.79	13.09	21.18
Free Cash Flow Per Share	0.36	0.52	-0.33	1.06	0.17	0.33
Dividend Per Share	0.150	0.150	0.200	0.160	0.256	-
Dividend Growth	-25.00%	-25.00%	25.00%	-37.50%	-	-
Gross Margin	31.48%	33.88%	31.44%	27.85%	30.59%	34.28%
Operating Margin	7.17%	7.96%	11.69%	9.39%	15.88%	19.55%
Profit Margin	8.80%	10.31%	13.70%	13.19%	16.43%	17.46%
Free Cash Flow Margin	7.44%	12.29%	-7.71%	26.41%	2.94%	5.26%
EBITDA	35.89	36.35	52.29	40.17	77.43	85.05
EBITDA Margin	8.61%	9.91%	14.01%	11.56%	17.38%	21.11%
D&A For EBITDA	6.01	7.15	8.67	7.54	6.68	6.28
EBIT	29.88	29.2	43.62	32.63	70.75	78.77
EBIT Margin	7.17%	7.96%	11.69%	9.39%	15.88%	19.55%
Effective Tax Rate	5.47%	4.98%	8.91%	14.89%	8.90%	9.37%
Revenue as Reported	417.03	366.8	373.23	347.51	445.45	402.93

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.