Wuxi ETEK Microelectronics Co.,Ltd. (SHA:688601)

SHA:688601 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	785.27	885.01	766.48	772.14	541.95
Other Revenue	2.22	1.74	1.03	1.43	0.88
Revenue	787.49	886.75	767.52	773.56	542.84
Revenue Growth (YoY)	-11.19%	15.53%	-0.78%	42.50%	14.38%
Cost of Revenue	456.57	511.29	464.18	478.02	392.76
Gross Profit	330.92	375.47	303.34	295.55	150.08
Selling, General & Admin	88.82	78.01	67.92	67.4	44.44
Research & Development	140.56	107.6	107.98	64.11	38.98
Other Operating Expenses	3.76	5.1	2.62	4.52	1.32
Operating Expenses	233.44	193.11	179.72	137.67	85.06
Operating Income	97.49	182.36	123.62	157.88	65.01
Interest Expense	-0.43	-0.76	-0.24	-0.13	-0.05
Interest & Investment Income	17.21	21.82	15.55	6.54	7.34
Currency Exchange Gain (Loss)	4.46	3.88	18.37	-4.19	-10.99
Other Non Operating Income (Expenses)	0.09	-0.47	-0.66	-0.02	-0.23
EBT Excluding Unusual Items	118.82	206.83	156.64	160.08	61.09
Impairment of Goodwill	-	-	-3.08	-0.58	-
Gain (Loss) on Sale of Investments	4.57	-0.18	-2.47	1.3	-0.33
Gain (Loss) on Sale of Assets	0.03	0.02	0.03	-0.03	-0.04
Asset Writedown	-	-	-0	-	-
Other Unusual Items	6.31	10.93	8.42	12.18	9.49
Pretax Income	129.73	217.59	159.53	172.94	70.21
Income Tax Expense	-0.67	8.78	7.7	11.58	4.59
Earnings From Continuing Operations	130.4	208.81	151.82	161.36	65.62
Minority Interest in Earnings	-4.54	-8.3	-5.87	-2.12	1.33
Net Income	125.86	200.51	145.96	159.24	66.95
Net Income to Common	125.86	200.51	145.96	159.24	66.95
Net Income Growth	-37.23%	37.37%	-8.34%	137.85%	64.11%
Shares Outstanding (Basic)	134	134	134	117	100
Shares Outstanding (Diluted)	134	134	134	117	100
Shares Change (YoY)	0.16%	-0.18%	14.56%	16.32%	0.37%
EPS (Basic)	0.94	1.50	1.09	1.36	0.67
EPS (Diluted)	0.94	1.50	1.09	1.36	0.67
EPS Growth	-37.33%	37.61%	-19.99%	104.47%	63.51%
Free Cash Flow	117.06	195.01	83.7	70.38	49.52
Free Cash Flow Per Share	0.87	1.46	0.63	0.60	0.49
Dividend Per Share	0.400	0.600	0.336	0.384	-
Dividend Growth	-33.33%	78.78%	-12.49%	-	-
Gross Margin	42.02%	42.34%	39.52%	38.21%	27.65%
Operating Margin	12.38%	20.57%	16.11%	20.41%	11.98%
Profit Margin	15.98%	22.61%	19.02%	20.59%	12.33%
Free Cash Flow Margin	14.87%	21.99%	10.90%	9.10%	9.12%
EBITDA	106.08	193.29	133.52	164.54	69.63
EBITDA Margin	13.47%	21.80%	17.40%	21.27%	12.83%
D&A For EBITDA	8.59	10.93	9.9	6.66	4.62
EBIT	97.49	182.36	123.62	157.88	65.01
EBIT Margin	12.38%	20.57%	16.11%	20.41%	11.98%
Effective Tax Rate	-	4.04%	4.83%	6.70%	6.53%
Revenue as Reported	787.49	886.75	767.52	773.56	542.84
Advertising Expenses	1.9	0.83	0.86	4.03	0.7

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.