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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	496.51	470.04	357.26	337.01	269.38	202.46
Other Revenue	2.41	3.17	1.34	2.76	0.95	0.02
Revenue	498.92	473.21	358.6	339.76	270.33	202.48
Revenue Growth (YoY)	17.57%	31.96%	5.54%	25.69%	33.51%	51.36%
Cost of Revenue	150.49	136.38	101.76	85.61	71.32	58.23
Gross Profit	348.43	336.83	256.84	254.16	199.01	144.25
Selling, General & Admin	235.56	198.62	130.74	80.7	66.95	50.81
Research & Development	156.75	131.02	98.38	68.22	50.46	37.08
Other Operating Expenses	-4.6	-10.59	-11.17	-2.68	-3.12	-1.57
Operating Expenses	406.1	341.63	223.74	154.98	118.81	90.97
Operating Income	-57.67	-4.81	33.09	99.18	80.2	53.28
Interest Expense	-0.9	-1.31	-0.84	-0.21	-0.38	-0.32
Interest & Investment Income	18.51	21.69	26.43	1.73	1.04	0.18
Currency Exchange Gain (Loss)	0.23	-0.18	0.09	0.02	-0.01	0.05
Other Non Operating Income (Expenses)	-0.76	-0.39	-0.54	-0.24	0.05	0.26
EBT Excluding Unusual Items	-40.58	15.01	58.23	100.48	80.9	53.45
Gain (Loss) on Sale of Investments	0.17	-	-	-	-	-0.07
Gain (Loss) on Sale of Assets	5.18	5.47	0	-0.09	0	0.03
Asset Writedown	-	-	-	-	-	-0.02
Other Unusual Items	21.29	18.3	9.95	10.46	3.18	5.83
Pretax Income	-13.94	38.77	68.18	110.85	84.09	59.22
Income Tax Expense	-19.47	-11.13	-7.55	3.63	9.39	6.85
Earnings From Continuing Operations	5.53	49.9	75.74	107.23	74.7	52.37
Minority Interest in Earnings	-6.51	-7.78	-8.46	-	-	-0.06
Net Income	-0.98	42.12	67.28	107.23	74.7	52.31
Net Income to Common	-0.98	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)	112	113	114	87	85	76
Shares Outstanding (Diluted)	112	113	115	88	85	76
Shares Change (YoY)	-1.62%	-0.97%	29.73%	3.93%	12.37%	2.19%
EPS (Basic)	-0.01	0.37	0.59	1.23	0.88	0.69
EPS (Diluted)	-0.01	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	-98.44	-86.09	-1.11	-25.88	-40.76	-3.1
Free Cash Flow Per Share	-0.88	-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	69.84%	71.18%	71.62%	74.80%	73.62%	71.24%
Operating Margin	-11.56%	-1.02%	9.23%	29.19%	29.67%	26.31%
Profit Margin	-0.19%	8.90%	18.76%	31.56%	27.63%	25.83%
Free Cash Flow Margin	-19.73%	-18.19%	-0.31%	-7.62%	-15.08%	-1.53%
EBITDA	-32.27	17.64	44.07	103.89	83.3	56.34
EBITDA Margin	-6.47%	3.73%	12.29%	30.58%	30.81%	27.82%
D&A For EBITDA	25.39	22.45	10.98	4.71	3.1	3.05
EBIT	-57.67	-4.81	33.09	99.18	80.2	53.28
EBIT Margin	-11.56%	-1.02%	9.23%	29.19%	29.67%	26.31%
Effective Tax Rate	-	-	-	3.27%	11.17%	11.57%
Revenue as Reported	498.92	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.