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

Suzhou Sepax Technologies 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	344.24	314.12	243.94	211.57	154.5	97.49
Other Revenue	1.36	1.34	1.27	1.2	0.38	0.18
Revenue	345.6	315.46	245.21	212.77	154.89	97.67
Revenue Growth (YoY)	31.20%	28.65%	15.24%	37.37%	58.58%	32.47%
Cost of Revenue	113.07	101.12	78.37	55	46.85	30.9
Gross Profit	232.53	214.34	166.84	157.77	108.04	66.77
Selling, General & Admin	97.55	89.65	79.61	76.57	59.47	36.91
Research & Development	44.82	42.88	44.21	40.68	23.52	21.33
Other Operating Expenses	5.13	3.98	2.92	2.69	2.73	1.49
Operating Expenses	149.22	138.5	127.32	121.22	86.46	60.19
Operating Income	83.32	75.84	39.52	36.55	21.58	6.58
Interest Expense	-1.44	-1.53	-1.72	-1.75	-2.17	-3.26
Interest & Investment Income	17.67	17.14	16.23	16.94	1.91	0.58
Currency Exchange Gain (Loss)	-1.29	-0.98	-0.26	-0.71	0.3	-
Other Non Operating Income (Expenses)	-0.35	-0.42	-0.31	-0.37	0.02	1.98
EBT Excluding Unusual Items	97.91	90.04	53.45	50.66	21.64	5.89
Gain (Loss) on Sale of Investments	-0.04	-0.09	0.26	-1.15	1.02	0.1
Gain (Loss) on Sale of Assets	-0.36	-0.27	-	-	0	-
Asset Writedown	-0.05	-0.05	-0.17	-0.33	-0.4	-
Other Unusual Items	19.27	10.81	7.41	2.09	0.7	4.35
Pretax Income	116.72	100.45	60.94	51.28	22.97	10.34
Income Tax Expense	15.08	13.98	6.79	3.08	1.35	0.95
Earnings From Continuing Operations	101.64	86.47	54.15	48.2	21.62	9.39
Minority Interest in Earnings	-0.9	-1.31	-1.67	-1.06	-0.85	-0.82
Net Income	100.74	85.16	52.49	47.14	20.77	8.57
Net Income to Common	100.74	85.16	52.49	47.14	20.77	8.57
Net Income Growth	69.30%	62.25%	11.34%	126.92%	142.44%	-
Shares Outstanding (Basic)	416	366	367	367	311	-
Shares Outstanding (Diluted)	416	366	367	367	311	-
Shares Change (YoY)	17.11%	-0.02%	-0.01%	18.05%	-	-
EPS (Basic)	0.24	0.23	0.14	0.13	0.07	-
EPS (Diluted)	0.24	0.23	0.14	0.13	0.07	-
EPS Growth	44.57%	62.29%	11.35%	92.23%	-	-
Free Cash Flow	65.97	52.48	24.23	-20.2	-51.32	-49.38
Free Cash Flow Per Share	0.16	0.14	0.07	-0.06	-0.17	-
Dividend Per Share	0.041	0.041	-	-	-	-
Gross Margin	67.28%	67.94%	68.04%	74.15%	69.75%	68.36%
Operating Margin	24.11%	24.04%	16.12%	17.18%	13.93%	6.74%
Profit Margin	29.15%	27.00%	21.40%	22.16%	13.41%	8.77%
Free Cash Flow Margin	19.09%	16.63%	9.88%	-9.49%	-33.13%	-50.56%
EBITDA	96.58	89.02	52.43	47.35	30.84	12.25
EBITDA Margin	27.95%	28.22%	21.38%	22.25%	19.91%	12.54%
D&A For EBITDA	13.27	13.18	12.91	10.8	9.26	5.67
EBIT	83.32	75.84	39.52	36.55	21.58	6.58
EBIT Margin	24.11%	24.04%	16.12%	17.18%	13.93%	6.74%
Effective Tax Rate	12.92%	13.92%	11.14%	6.00%	5.88%	9.20%
Revenue as Reported	345.6	315.46	245.21	212.77	154.89	97.67
Advertising Expenses	-	-	-	-	-	0.16

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