Suzhou Veichi Electric Co., Ltd. (SHA:688698)
75.81
+1.01 (1.35%)
At close: Mar 6, 2026
Suzhou Veichi Electric Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Revenue | 1,946 | 1,604 | 1,272 | 871.37 | 789.74 |
Other Revenue | - | 36.41 | 32.94 | 34.62 | 29.14 |
| 1,946 | 1,640 | 1,305 | 905.99 | 818.87 | |
Revenue Growth (YoY) | 18.66% | 25.70% | 44.03% | 10.64% | 43.10% |
Cost of Revenue | - | 1,005 | 817.96 | 585.53 | 553.09 |
Gross Profit | 1,946 | 635.6 | 486.92 | 320.46 | 265.78 |
Selling, General & Admin | - | 207.1 | 143.17 | 106.48 | 79.53 |
Research & Development | - | 217.14 | 163.49 | 106.86 | 75.9 |
Other Operating Expenses | 1,667 | -18.26 | -9.59 | -9.89 | -12.04 |
Operating Expenses | 1,667 | 420.96 | 310.99 | 210.42 | 150.02 |
Operating Income | 279.54 | 214.64 | 175.93 | 110.04 | 115.76 |
Interest Expense | - | -2.01 | -1.11 | -0.47 | -0.17 |
Interest & Investment Income | - | 25.91 | 17.73 | 12.62 | 10.78 |
Currency Exchange Gain (Loss) | - | 3.91 | 0.27 | 1.58 | -0.54 |
Other Non Operating Income (Expenses) | 0.17 | -1.97 | -1.86 | -0.83 | -0.41 |
EBT Excluding Unusual Items | 279.71 | 240.49 | 190.95 | 122.93 | 125.42 |
Impairment of Goodwill | - | -0.95 | - | - | - |
Gain (Loss) on Sale of Assets | - | -0.47 | -0.1 | -0.31 | -0.81 |
Other Unusual Items | - | 4.71 | 8.23 | 24.6 | 12.24 |
Pretax Income | 279.71 | 243.79 | 199.08 | 147.22 | 136.85 |
Income Tax Expense | 11.35 | 2.05 | 10.5 | 9.15 | 10.35 |
Earnings From Continuing Operations | 268.36 | 241.73 | 188.58 | 138.07 | 126.5 |
Minority Interest in Earnings | - | 3.29 | 2.22 | 1.83 | 0.25 |
Net Income | 268.36 | 245.03 | 190.8 | 139.9 | 126.74 |
Net Income to Common | 268.36 | 245.03 | 190.8 | 139.9 | 126.74 |
Net Income Growth | 9.52% | 28.42% | 36.38% | 10.38% | 44.76% |
Shares Outstanding (Basic) | 211 | 211 | 187 | 179 | 181 |
Shares Outstanding (Diluted) | 211 | 211 | 189 | 179 | 181 |
Shares Change (YoY) | 0.04% | 11.81% | 5.33% | -0.94% | 34.42% |
EPS (Basic) | 1.27 | 1.16 | 1.02 | 0.78 | 0.70 |
EPS (Diluted) | 1.27 | 1.16 | 1.01 | 0.78 | 0.70 |
EPS Growth | 9.48% | 14.85% | 29.49% | 11.43% | 7.69% |
Free Cash Flow | - | 0.73 | -177.2 | 89.29 | -11.38 |
Free Cash Flow Per Share | - | 0.00 | -0.94 | 0.50 | -0.06 |
Dividend Per Share | - | 0.412 | 0.280 | 0.250 | 0.176 |
Dividend Growth | - | 47.14% | 12.00% | 42.05% | 44.26% |
Gross Margin | 100.00% | 38.75% | 37.32% | 35.37% | 32.46% |
Operating Margin | 14.36% | 13.09% | 13.48% | 12.15% | 14.14% |
Profit Margin | 13.79% | 14.94% | 14.62% | 15.44% | 15.48% |
Free Cash Flow Margin | - | 0.04% | -13.58% | 9.86% | -1.39% |
EBITDA | 309.06 | 244.16 | 197.74 | 126.34 | 129.41 |
EBITDA Margin | 15.88% | 14.89% | 15.15% | 13.94% | 15.80% |
D&A For EBITDA | 29.52 | 29.52 | 21.81 | 16.3 | 13.65 |
EBIT | 279.54 | 214.64 | 175.93 | 110.04 | 115.76 |
EBIT Margin | 14.36% | 13.09% | 13.48% | 12.15% | 14.14% |
Effective Tax Rate | 4.06% | 0.84% | 5.27% | 6.21% | 7.57% |
Revenue as Reported | - | 1,640 | 1,305 | 905.99 | 818.87 |
Advertising Expenses | - | 9.35 | 4.63 | 2.73 | 1.75 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.