Shenzhen SEICHI Technologies Co., Ltd. (SHA:688627)

SHA:688627 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	871.34	802.27	647.55	500.42	457	283.23
Other Revenue	0.86	0.86	1.02	1.02	1.31	1.45
Revenue	872.19	803.13	648.56	501.44	458.31	284.68
Revenue Growth (YoY)	28.18%	23.83%	29.34%	9.41%	60.99%	81.09%
Cost of Revenue	601.86	547.18	414.43	330.71	289.21	175.91
Gross Profit	270.33	255.95	234.13	170.73	169.1	108.77
Selling, General & Admin	92.24	80.65	81.95	80.56	81.89	54
Research & Development	116.45	109.69	71.85	46.05	34.11	24.77
Other Operating Expenses	4.93	3.62	3.28	-8.31	-8.62	-7.12
Operating Expenses	227.96	212.03	165.42	121.53	105.47	82.51
Operating Income	42.37	43.93	68.72	49.2	63.63	26.26
Interest Expense	-0.74	-0.74	-0.42	-0.64	-1	-0.45
Interest & Investment Income	12.34	12.7	24.65	7.47	8.55	1.21
Currency Exchange Gain (Loss)	-4.32	-4.32	-1.67	-2.51	1.37	1.97
Other Non Operating Income (Expenses)	-0.22	0.02	-0.65	2.36	-0.56	-0.28
EBT Excluding Unusual Items	49.42	51.58	90.63	55.87	71.98	28.7
Gain (Loss) on Sale of Investments	4.94	7.85	4.12	0.48	-	-
Gain (Loss) on Sale of Assets	-0.55	-0.54	-0.05	-0	0.06	-
Asset Writedown	0.86	-	-	-	-1.41	-0.02
Other Unusual Items	14.65	14.65	34.84	14.53	5.07	3.21
Pretax Income	69.33	73.54	129.54	70.88	75.7	31.89
Income Tax Expense	-9.37	-6.21	17.57	6.81	8.28	3.28
Earnings From Continuing Operations	78.7	79.75	111.98	64.07	67.42	28.61
Minority Interest in Earnings	-0.31	0.41	3.71	2	0.49	-1.11
Net Income	78.39	80.16	115.68	66.07	67.91	27.5
Net Income to Common	78.39	80.16	115.68	66.07	67.91	27.5
Net Income Growth	-25.11%	-30.71%	75.10%	-2.71%	146.91%	6054.78%
Shares Outstanding (Basic)	93	93	80	70	69	54
Shares Outstanding (Diluted)	93	93	80	70	69	54
Shares Change (YoY)	6.51%	16.02%	14.30%	2.13%	27.32%	23.39%
EPS (Basic)	0.84	0.86	1.44	0.94	0.99	0.51
EPS (Diluted)	0.84	0.86	1.44	0.94	0.99	0.51
EPS Growth	-29.68%	-40.28%	53.19%	-4.73%	93.93%	4888.24%
Free Cash Flow	73.66	-8.55	-30.53	-49.23	70.19	17.49
Free Cash Flow Per Share	0.79	-0.09	-0.38	-0.70	1.02	0.32
Dividend Per Share	0.323	0.323	0.372	-	-	-
Dividend Growth	-13.17%	-13.17%	-	-	-	-
Gross Margin	30.99%	31.87%	36.10%	34.05%	36.90%	38.21%
Operating Margin	4.86%	5.47%	10.60%	9.81%	13.88%	9.23%
Profit Margin	8.99%	9.98%	17.84%	13.18%	14.82%	9.66%
Free Cash Flow Margin	8.45%	-1.06%	-4.71%	-9.82%	15.32%	6.14%
EBITDA	50.32	51.46	74.62	52.45	66.98	29.07
EBITDA Margin	5.77%	6.41%	11.51%	10.46%	14.61%	10.21%
D&A For EBITDA	7.95	7.54	5.91	3.25	3.35	2.8
EBIT	42.37	43.93	68.72	49.2	63.63	26.26
EBIT Margin	4.86%	5.47%	10.60%	9.81%	13.88%	9.23%
Effective Tax Rate	-	-	13.56%	9.61%	10.94%	10.29%
Revenue as Reported	872.19	803.13	648.56	504.58	-	-

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