Skyworth Digital Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	8,503	8,665	10,594	11,947	10,762	8,442
Other Revenue	28.44	28.44	33.3	61.26	84.2	66.07
Revenue	8,531	8,693	10,627	12,009	10,847	8,508
Revenue Growth (YoY)	-11.30%	-18.20%	-11.50%	10.71%	27.49%	-4.43%
Cost of Revenue	7,396	7,495	8,960	9,921	9,120	6,996
Gross Profit	1,136	1,198	1,667	2,088	1,726	1,512
Selling, General & Admin	651.24	633.63	646.51	819.44	742.86	749.61
Research & Development	473.38	512.55	601.84	620.77	539.08	494.39
Other Operating Expenses	-43.86	-61.84	-67.63	-35.08	-35.93	-42.05
Operating Expenses	1,072	1,004	1,195	1,365	1,522	1,171
Operating Income	63.64	194.48	472.04	722.06	204.06	341.08
Interest Expense	-32.1	-36.96	-14.65	-53.36	-64.87	-77.61
Interest & Investment Income	91.98	105.83	126.7	129.57	194.06	76.78
Currency Exchange Gain (Loss)	-3.44	-3.44	27.69	0.37	-17.63	-17.74
Other Non Operating Income (Expenses)	9.51	-7.46	-4.85	-5.58	-6.05	-7.47
EBT Excluding Unusual Items	129.6	252.45	606.92	793.05	309.57	315.05
Impairment of Goodwill	-13.47	-13.47	-	-	-	-
Gain (Loss) on Sale of Investments	-31.17	-19.82	-29.06	-0.43	9.51	-19.16
Gain (Loss) on Sale of Assets	-8.64	-0.73	6.49	-0.7	0.32	0.9
Asset Writedown	-63.54	-42.45	-0.11	-0.61	-0.93	-0.14
Legal Settlements	-	-	-	-12.46	-	-
Other Unusual Items	60.41	60.41	42.34	105.01	86.97	67.49
Pretax Income	73.2	236.4	626.58	883.87	405.44	364.13
Income Tax Expense	-14.34	0.97	35.39	78.02	-9.38	10.03
Earnings From Continuing Operations	87.54	235.42	591.19	805.85	414.82	354.1
Minority Interest in Earnings	12.64	15.37	10.88	17.19	6.97	29.59
Net Income	100.18	250.8	602.07	823.04	421.78	383.7
Net Income to Common	100.18	250.8	602.07	823.04	421.78	383.7
Net Income Growth	-74.36%	-58.34%	-26.85%	95.13%	9.93%	-38.73%
Shares Outstanding (Basic)	1,141	1,142	1,142	1,102	1,063	1,037
Shares Outstanding (Diluted)	1,141	1,142	1,142	1,102	1,063	1,066
Shares Change (YoY)	-0.03%	-0.00%	3.56%	3.68%	-0.24%	0.41%
EPS (Basic)	0.09	0.22	0.53	0.75	0.40	0.37
EPS (Diluted)	0.09	0.22	0.53	0.75	0.40	0.36
EPS Growth	-74.35%	-58.34%	-29.36%	88.20%	10.19%	-38.98%
Free Cash Flow	-570.07	-114.01	-8.39	1,416	-76.68	2,240
Free Cash Flow Per Share	-0.50	-0.10	-0.01	1.28	-0.07	2.10
Dividend Per Share	0.050	0.130	0.150	0.200	0.100	0.100
Dividend Growth	-78.26%	-13.33%	-25.00%	100.00%	-	-44.44%
Gross Margin	13.31%	13.79%	15.69%	17.38%	15.92%	17.77%
Operating Margin	0.75%	2.24%	4.44%	6.01%	1.88%	4.01%
Profit Margin	1.17%	2.89%	5.67%	6.85%	3.89%	4.51%
Free Cash Flow Margin	-6.68%	-1.31%	-0.08%	11.79%	-0.71%	26.32%
EBITDA	146.67	294.6	594.94	860.35	339.16	476.7
EBITDA Margin	1.72%	3.39%	5.60%	7.16%	3.13%	5.60%
D&A For EBITDA	83.03	100.12	122.91	138.29	135.1	135.61
EBIT	63.64	194.48	472.04	722.06	204.06	341.08
EBIT Margin	0.75%	2.24%	4.44%	6.01%	1.88%	4.01%
Effective Tax Rate	-	0.41%	5.65%	8.83%	-	2.76%
Revenue as Reported	8,531	8,693	10,627	12,009	-	8,508
Advertising Expenses	-	-	-	11.1	5.16	14.97

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.