Suzhou Sepax Technologies Co., Ltd. (SHA:688758)

Suzhou Sepax Technologies 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	314.12	243.94	211.57	154.5	97.49
Other Revenue	1.34	1.27	1.2	0.38	0.18
Revenue	315.46	245.21	212.77	154.89	97.67
Revenue Growth (YoY)	28.65%	15.24%	37.37%	58.58%	32.47%
Cost of Revenue	101.12	78.37	55	46.85	30.9
Gross Profit	214.34	166.84	157.77	108.04	66.77
Selling, General & Admin	89.65	79.61	76.57	59.47	36.91
Research & Development	42.88	44.21	40.68	23.52	21.33
Other Operating Expenses	3.98	2.92	2.69	2.73	1.49
Operating Expenses	138.5	127.32	121.22	86.46	60.19
Operating Income	75.84	39.52	36.55	21.58	6.58
Interest Expense	-1.53	-1.72	-1.75	-2.17	-3.26
Interest & Investment Income	17.14	16.23	16.94	1.91	0.58
Currency Exchange Gain (Loss)	-0.98	-0.26	-0.71	0.3	-
Other Non Operating Income (Expenses)	-0.42	-0.31	-0.37	0.02	1.98
EBT Excluding Unusual Items	90.04	53.45	50.66	21.64	5.89
Gain (Loss) on Sale of Investments	-0.09	0.26	-1.15	1.02	0.1
Gain (Loss) on Sale of Assets	-0.27	-	-	0	-
Asset Writedown	-0.05	-0.17	-0.33	-0.4	-
Other Unusual Items	10.81	7.41	2.09	0.7	4.35
Pretax Income	100.45	60.94	51.28	22.97	10.34
Income Tax Expense	13.98	6.79	3.08	1.35	0.95
Earnings From Continuing Operations	86.47	54.15	48.2	21.62	9.39
Minority Interest in Earnings	-1.31	-1.67	-1.06	-0.85	-0.82
Net Income	85.16	52.49	47.14	20.77	8.57
Net Income to Common	85.16	52.49	47.14	20.77	8.57
Net Income Growth	62.25%	11.34%	126.92%	142.44%	-
Shares Outstanding (Basic)	366	367	367	311	-
Shares Outstanding (Diluted)	366	367	367	311	-
Shares Change (YoY)	-0.02%	-0.01%	18.05%	-	-
EPS (Basic)	0.23	0.14	0.13	0.07	-
EPS (Diluted)	0.23	0.14	0.13	0.07	-
EPS Growth	62.29%	11.35%	92.23%	-	-
Free Cash Flow	52.48	24.23	-20.2	-51.32	-49.38
Free Cash Flow Per Share	0.14	0.07	-0.06	-0.17	-
Dividend Per Share	0.041	-	-	-	-
Gross Margin	67.94%	68.04%	74.15%	69.75%	68.36%
Operating Margin	24.04%	16.12%	17.18%	13.93%	6.74%
Profit Margin	27.00%	21.40%	22.16%	13.41%	8.77%
Free Cash Flow Margin	16.63%	9.88%	-9.49%	-33.13%	-50.56%
EBITDA	89.02	52.43	47.35	30.84	12.25
EBITDA Margin	28.22%	21.38%	22.25%	19.91%	12.54%
D&A For EBITDA	13.18	12.91	10.8	9.26	5.67
EBIT	75.84	39.52	36.55	21.58	6.58
EBIT Margin	24.04%	16.12%	17.18%	13.93%	6.74%
Effective Tax Rate	13.92%	11.14%	6.00%	5.88%	9.20%
Revenue as Reported	315.46	245.21	212.77	154.89	97.67
Advertising Expenses	-	-	-	-	0.16

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