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

SHA:688601 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	729.01	785.27	885.01	766.48	772.14	541.95
Other Revenue	2.22	2.22	1.74	1.03	1.43	0.88
Revenue	731.23	787.49	886.75	767.52	773.56	542.84
Revenue Growth (YoY)	-21.27%	-11.19%	15.53%	-0.78%	42.50%	14.38%
Cost of Revenue	430.86	456.57	511.29	464.18	478.02	392.76
Gross Profit	300.37	330.92	375.47	303.34	295.55	150.08
Selling, General & Admin	92.12	88.82	78.01	67.92	67.4	44.44
Research & Development	155.71	140.56	107.6	107.98	64.11	38.98
Other Operating Expenses	2.55	3.76	5.1	2.62	4.52	1.32
Operating Expenses	250.79	233.44	193.11	179.72	137.67	85.06
Operating Income	49.59	97.49	182.36	123.62	157.88	65.01
Interest Expense	-0.51	-0.43	-0.76	-0.24	-0.13	-0.05
Interest & Investment Income	20.06	17.21	21.82	15.55	6.54	7.34
Currency Exchange Gain (Loss)	4.46	4.46	3.88	18.37	-4.19	-10.99
Other Non Operating Income (Expenses)	-0.5	0.09	-0.47	-0.66	-0.02	-0.23
EBT Excluding Unusual Items	73.09	118.82	206.83	156.64	160.08	61.09
Impairment of Goodwill	-	-	-	-3.08	-0.58	-
Gain (Loss) on Sale of Investments	3.83	4.57	-0.18	-2.47	1.3	-0.33
Gain (Loss) on Sale of Assets	0.03	0.03	0.02	0.03	-0.03	-0.04
Asset Writedown	-1.42	-	-	-0	-	-
Other Unusual Items	6.31	6.31	10.93	8.42	12.18	9.49
Pretax Income	81.86	129.73	217.59	159.53	172.94	70.21
Income Tax Expense	-3.68	-0.67	8.78	7.7	11.58	4.59
Earnings From Continuing Operations	85.54	130.4	208.81	151.82	161.36	65.62
Minority Interest in Earnings	-3.19	-4.54	-8.3	-5.87	-2.12	1.33
Net Income	82.35	125.86	200.51	145.96	159.24	66.95
Net Income to Common	82.35	125.86	200.51	145.96	159.24	66.95
Net Income Growth	-63.61%	-37.23%	37.37%	-8.34%	137.85%	64.11%
Shares Outstanding (Basic)	132	134	134	134	117	100
Shares Outstanding (Diluted)	132	134	134	134	117	100
Shares Change (YoY)	-1.89%	0.16%	-0.18%	14.56%	16.32%	0.37%
EPS (Basic)	0.63	0.94	1.50	1.09	1.36	0.67
EPS (Diluted)	0.63	0.94	1.50	1.09	1.36	0.67
EPS Growth	-62.91%	-37.33%	37.61%	-19.99%	104.47%	63.51%
Free Cash Flow	81.44	117.06	195.01	83.7	70.38	49.52
Free Cash Flow Per Share	0.62	0.87	1.46	0.63	0.60	0.49
Dividend Per Share	0.400	0.400	0.600	0.336	0.384	-
Dividend Growth	-33.33%	-33.33%	78.78%	-12.49%	-	-
Gross Margin	41.08%	42.02%	42.34%	39.52%	38.21%	27.65%
Operating Margin	6.78%	12.38%	20.57%	16.11%	20.41%	11.98%
Profit Margin	11.26%	15.98%	22.61%	19.02%	20.59%	12.33%
Free Cash Flow Margin	11.14%	14.87%	21.99%	10.90%	9.10%	9.12%
EBITDA	57.59	106.08	193.29	133.52	164.54	69.63
EBITDA Margin	7.88%	13.47%	21.80%	17.40%	21.27%	12.83%
D&A For EBITDA	8	8.59	10.93	9.9	6.66	4.62
EBIT	49.59	97.49	182.36	123.62	157.88	65.01
EBIT Margin	6.78%	12.38%	20.57%	16.11%	20.41%	11.98%
Effective Tax Rate	-	-	4.04%	4.83%	6.70%	6.53%
Revenue as Reported	731.23	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.