Sansec Technology Co., Ltd. (SHA:688489)

Sansec Technology 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	510.19	470.04	357.26	337.01	269.38	202.46
Other Revenue	3.17	3.17	1.34	2.76	0.95	0.02
Revenue	513.35	473.21	358.6	339.76	270.33	202.48
Revenue Growth (YoY)	36.15%	31.96%	5.54%	25.69%	33.51%	51.36%
Cost of Revenue	156.25	136.38	101.76	85.61	71.32	58.23
Gross Profit	357.1	336.83	256.84	254.16	199.01	144.25
Selling, General & Admin	250.94	198.62	130.74	80.7	66.95	50.81
Research & Development	160.39	131.02	98.38	68.22	50.46	37.08
Other Operating Expenses	-7.62	-10.59	-11.17	-2.68	-3.12	-1.57
Operating Expenses	420.94	341.63	223.74	154.98	118.81	90.97
Operating Income	-63.84	-4.81	33.09	99.18	80.2	53.28
Interest Expense	-0.86	-1.31	-0.84	-0.21	-0.38	-0.32
Interest & Investment Income	15.98	21.69	26.43	1.73	1.04	0.18
Currency Exchange Gain (Loss)	-0.18	-0.18	0.09	0.02	-0.01	0.05
Other Non Operating Income (Expenses)	-0.99	-0.39	-0.54	-0.24	0.05	0.26
EBT Excluding Unusual Items	-49.89	15.01	58.23	100.48	80.9	53.45
Gain (Loss) on Sale of Investments	0.34	-	-	-	-	-0.07
Gain (Loss) on Sale of Assets	5.08	5.47	0	-0.09	0	0.03
Asset Writedown	-0.05	-	-	-	-	-0.02
Other Unusual Items	18.3	18.3	9.95	10.46	3.18	5.83
Pretax Income	-26.22	38.77	68.18	110.85	84.09	59.22
Income Tax Expense	-23.18	-11.13	-7.55	3.63	9.39	6.85
Earnings From Continuing Operations	-3.04	49.9	75.74	107.23	74.7	52.37
Minority Interest in Earnings	-8.18	-7.78	-8.46	-	-	-0.06
Net Income	-11.22	42.12	67.28	107.23	74.7	52.31
Net Income to Common	-11.22	42.12	67.28	107.23	74.7	52.31
Net Income Growth	-	-37.40%	-37.26%	43.55%	42.80%	155.41%
Shares Outstanding (Basic)	114	113	114	87	85	76
Shares Outstanding (Diluted)	114	113	115	88	85	76
Shares Change (YoY)	0.45%	-0.97%	29.73%	3.93%	12.37%	2.19%
EPS (Basic)	-0.10	0.37	0.59	1.23	0.88	0.69
EPS (Diluted)	-0.10	0.37	0.59	1.21	0.88	0.69
EPS Growth	-	-36.79%	-51.63%	38.12%	27.08%	149.93%
Free Cash Flow	-58.97	-86.09	-1.11	-25.88	-40.76	-3.1
Free Cash Flow Per Share	-0.52	-0.76	-0.01	-0.29	-0.48	-0.04
Dividend Per Share	0.113	0.113	0.200	0.290	-	-
Dividend Growth	-43.50%	-43.50%	-31.01%	-	-	-
Gross Margin	69.56%	71.18%	71.62%	74.80%	73.62%	71.24%
Operating Margin	-12.44%	-1.02%	9.23%	29.19%	29.67%	26.31%
Profit Margin	-2.19%	8.90%	18.76%	31.56%	27.63%	25.83%
Free Cash Flow Margin	-11.49%	-18.19%	-0.31%	-7.62%	-15.08%	-1.53%
EBITDA	-32.78	17.64	44.07	103.89	83.3	56.34
EBITDA Margin	-6.39%	3.73%	12.29%	30.58%	30.81%	27.82%
D&A For EBITDA	31.06	22.45	10.98	4.71	3.1	3.05
EBIT	-63.84	-4.81	33.09	99.18	80.2	53.28
EBIT Margin	-12.44%	-1.02%	9.23%	29.19%	29.67%	26.31%
Effective Tax Rate	-	-	-	3.27%	11.17%	11.57%
Revenue as Reported	513.35	473.21	358.6	339.76	270.33	202.48
Advertising Expenses	-	3.19	3.41	1.77	1.96	1.45

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