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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	449.05	425.07	359.82	368.76	340.88	436.47
Other Revenue	16.86	16.86	6.98	4.47	6.64	8.98
Revenue	465.91	441.93	366.8	373.23	347.51	445.45
Revenue Growth (YoY)	22.23%	20.48%	-1.72%	7.40%	-21.99%	10.55%
Cost of Revenue	318.1	301.13	242.51	255.9	250.73	309.17
Gross Profit	147.81	140.8	124.29	117.33	96.78	136.29
Selling, General & Admin	65.7	65.52	56.74	47.25	45.35	50.37
Research & Development	40.34	38.28	36.15	32.74	25.48	21.34
Other Operating Expenses	-1.03	0.19	0.85	-8.31	-4.04	-6.41
Operating Expenses	108.69	106.13	95.08	73.71	64.14	65.54
Operating Income	39.12	34.67	29.2	43.62	32.63	70.75
Interest Expense	-0.18	-0.13	-0.04	-0.05	-0.09	-0.13
Interest & Investment Income	5.21	5.33	7.59	8.98	8.48	4.55
Currency Exchange Gain (Loss)	-1.1	-1.1	0.35	0.09	1.97	-0.28
Other Non Operating Income (Expenses)	-0.53	0.16	0.25	0.03	-0.19	-0.16
EBT Excluding Unusual Items	42.53	38.93	37.35	52.67	42.79	74.73
Gain (Loss) on Sale of Investments	3.04	2.81	2.41	1.75	0.57	0.59
Gain (Loss) on Sale of Assets	-0.31	-0.28	-0.23	0.07	-0.02	0.05
Asset Writedown	-0.64	-	-	-	-	-
Other Unusual Items	0.49	0.36	0.28	1.63	10.52	4.95
Pretax Income	45.11	41.82	39.81	56.12	53.87	80.33
Income Tax Expense	2.21	1.75	1.98	5	8.02	7.15
Earnings From Continuing Operations	42.9	40.07	37.83	51.12	45.85	73.19
Net Income	42.9	40.07	37.83	51.12	45.85	73.19
Net Income to Common	42.9	40.07	37.83	51.12	45.85	73.19
Net Income Growth	10.26%	5.92%	-26.00%	11.51%	-37.36%	4.02%
Shares Outstanding (Basic)	88	87	86	87	87	79
Shares Outstanding (Diluted)	88	87	86	87	87	79
Shares Change (YoY)	3.98%	1.31%	-0.77%	0.17%	9.92%	21.91%
EPS (Basic)	0.49	0.46	0.44	0.59	0.53	0.93
EPS (Diluted)	0.49	0.46	0.44	0.59	0.53	0.93
EPS Growth	6.04%	4.54%	-25.42%	11.32%	-43.01%	-14.68%
Free Cash Flow	25.67	30	45.08	-28.76	91.79	13.09
Free Cash Flow Per Share	0.29	0.34	0.52	-0.33	1.06	0.17
Dividend Per Share	0.180	0.180	0.150	0.200	0.160	0.256
Dividend Growth	20.00%	20.00%	-25.00%	25.00%	-37.50%	-
Gross Margin	31.72%	31.86%	33.88%	31.44%	27.85%	30.59%
Operating Margin	8.40%	7.84%	7.96%	11.69%	9.39%	15.88%
Profit Margin	9.21%	9.07%	10.31%	13.70%	13.19%	16.43%
Free Cash Flow Margin	5.51%	6.79%	12.29%	-7.71%	26.41%	2.94%
EBITDA	50.29	45.26	37.5	52.29	40.17	77.43
EBITDA Margin	10.79%	10.24%	10.22%	14.01%	11.56%	17.38%
D&A For EBITDA	11.17	10.59	8.29	8.67	7.54	6.68
EBIT	39.12	34.67	29.2	43.62	32.63	70.75
EBIT Margin	8.40%	7.84%	7.96%	11.69%	9.39%	15.88%
Effective Tax Rate	4.91%	4.19%	4.98%	8.91%	14.89%	8.90%
Revenue as Reported	465.91	441.93	366.8	373.23	347.51	445.45

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