Suzhou SONAVOX Electronics Co.,Ltd. (SHA:688533)

SHA:688533 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	2,845	2,704	2,296	1,708	1,248	1,061
Other Revenue	71.55	71.55	30.16	61.2	53.51	27.26
Revenue	2,917	2,776	2,326	1,769	1,302	1,088
Revenue Growth (YoY)	6.94%	19.32%	31.52%	35.86%	19.66%	-8.92%
Cost of Revenue	2,336	2,107	1,792	1,431	963.14	784.49
Gross Profit	580.55	668.76	533.98	337.78	338.84	303.55
Selling, General & Admin	211.3	210.31	180.01	146.82	148.93	129.57
Research & Development	171.82	164.94	148.67	109.51	87.44	60.81
Other Operating Expenses	48.06	4.48	0.33	9.7	8.52	8.87
Operating Expenses	433.95	388.08	355.5	283	254.67	201.05
Operating Income	146.6	280.67	178.48	54.78	84.17	102.5
Interest Expense	-34.05	-29.63	-22.96	-12.27	-12.24	-13.8
Interest & Investment Income	8.29	7	7.79	9.45	11.45	1.99
Currency Exchange Gain (Loss)	-10.33	-10.33	17.08	31.67	-20.6	-15.82
Other Non Operating Income (Expenses)	46.66	-1.59	-0.24	-0.78	-0.47	-0.55
EBT Excluding Unusual Items	157.17	246.13	180.15	82.86	62.3	74.33
Gain (Loss) on Sale of Investments	2.78	2.21	-1.81	0.11	0.04	5.73
Gain (Loss) on Sale of Assets	-0.41	-0.01	-0.68	-0.08	1.03	-0.21
Asset Writedown	-6.07	-19.35	-1	-5.21	-	-
Other Unusual Items	53.08	53.08	7.37	17.3	2.7	6.91
Pretax Income	206.66	282.17	184.03	94.98	66.07	86.75
Income Tax Expense	28.21	48.56	25.03	8.17	5.56	11.04
Earnings From Continuing Operations	178.44	233.61	159	86.82	60.51	75.7
Minority Interest in Earnings	2.07	1.56	-0.01	0.35	0.16	-0.18
Net Income	180.51	235.17	158.99	87.17	60.67	75.52
Net Income to Common	180.51	235.17	158.99	87.17	60.67	75.52
Net Income Growth	-25.22%	47.92%	82.40%	43.68%	-19.68%	-3.64%
Shares Outstanding (Basic)	162	160	161	161	148	120
Shares Outstanding (Diluted)	180	178	161	161	148	120
Shares Change (YoY)	11.48%	10.94%	-0.51%	9.09%	23.43%	-0.10%
EPS (Basic)	1.11	1.47	0.99	0.54	0.41	0.63
EPS (Diluted)	1.01	1.32	0.99	0.54	0.41	0.63
EPS Growth	-32.92%	33.33%	83.33%	31.71%	-34.92%	-3.08%
Free Cash Flow	117.48	62.26	-358.31	-258.7	-100.65	42.6
Free Cash Flow Per Share	0.65	0.35	-2.23	-1.60	-0.68	0.35
Dividend Per Share	0.450	0.450	0.310	0.180	0.120	-
Dividend Growth	45.16%	45.16%	72.22%	50.00%	-	-
Gross Margin	19.90%	24.09%	22.95%	19.10%	26.02%	27.90%
Operating Margin	5.03%	10.11%	7.67%	3.10%	6.46%	9.42%
Profit Margin	6.19%	8.47%	6.83%	4.93%	4.66%	6.94%
Free Cash Flow Margin	4.03%	2.24%	-15.40%	-14.63%	-7.73%	3.91%
EBITDA	244.75	363.63	241.18	103.18	127.32	142.6
EBITDA Margin	8.39%	13.10%	10.37%	5.83%	9.78%	13.11%
D&A For EBITDA	98.15	82.96	62.7	48.4	43.15	40.09
EBIT	146.6	280.67	178.48	54.78	84.17	102.5
EBIT Margin	5.03%	10.11%	7.67%	3.10%	6.46%	9.42%
Effective Tax Rate	13.65%	17.21%	13.60%	8.60%	8.42%	12.73%
Revenue as Reported	2,917	2,776	2,326	1,769	1,302	1,088

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