Shenzhen Techwinsemi Technology Co., Ltd. (SHE:001309)

SHE:001309 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Revenue	5,214	4,773	1,776	1,191	1,080	834.71
Revenue Growth (YoY)	128.19%	168.74%	49.15%	10.27%	29.36%	29.28%
Cost of Revenue	4,688	4,018	1,527	1,018	874.71	664.63
Gross Profit	525.85	754.96	248.72	172.95	205.08	170.08
Selling, General & Admin	146.99	133.17	74.56	56.18	35.27	42.4
Research & Development	232.27	203.22	108.01	66.93	45.78	38.92
Other Operating Expenses	-34.96	-35.94	-13.34	3.55	1.96	-0.23
Operating Expenses	351.4	301.25	174.5	133.3	83.85	80.75
Operating Income	174.45	453.71	74.22	39.65	121.23	89.33
Interest Expense	-109.35	-99.65	-37.93	-16.86	-16.35	-9.56
Interest & Investment Income	1.77	0.47	1.53	33.82	0.03	0.02
Currency Exchange Gain (Loss)	7.75	7.75	-11.02	-11.71	-1.28	-9.57
Other Non Operating Income (Expenses)	-11.34	-2.92	4.08	-1.73	-0.44	0.08
EBT Excluding Unusual Items	63.28	359.37	30.88	43.16	103.19	70.29
Gain (Loss) on Sale of Investments	22.94	19.24	-2.14	-	-	-
Gain (Loss) on Sale of Assets	15.38	15.58	-1.73	0.8	-	-
Asset Writedown	-28.29	-0.07	-	-	-	-
Other Unusual Items	-13.1	-15.47	-11.89	21.67	6.88	22
Pretax Income	60.21	378.66	15.12	65.63	110.07	92.28
Income Tax Expense	-25.79	27.94	-10.71	-1.8	11.9	15.16
Earnings From Continuing Operations	86	350.72	25.82	67.43	98.17	77.12
Minority Interest in Earnings	-0.03	-0.16	-0.82	0.07	-	-
Net Income	85.97	350.55	25	67.5	98.17	77.12
Net Income to Common	85.97	350.55	25	67.5	98.17	77.12
Net Income Growth	-67.47%	1302.30%	-62.97%	-31.24%	27.29%	110.09%
Shares Outstanding (Basic)	211	206	206	178	153	152
Shares Outstanding (Diluted)	214	209	206	178	154	154
Shares Change (YoY)	3.56%	1.42%	15.65%	15.32%	0.58%	0.11%
EPS (Basic)	0.41	1.70	0.12	0.38	0.64	0.51
EPS (Diluted)	0.40	1.68	0.12	0.38	0.64	0.50
EPS Growth	-68.59%	1282.70%	-67.98%	-40.37%	26.55%	109.86%
Free Cash Flow	-1,747	-1,387	-1,118	-453.08	-46.52	-93.36
Free Cash Flow Per Share	-8.18	-6.64	-5.43	-2.54	-0.30	-0.61
Dividend Per Share	0.214	0.214	0.071	0.073	-	-
Dividend Growth	199.72%	199.72%	-2.59%	-	-	-
Gross Margin	10.09%	15.82%	14.01%	14.53%	18.99%	20.38%
Operating Margin	3.35%	9.51%	4.18%	3.33%	11.23%	10.70%
Profit Margin	1.65%	7.34%	1.41%	5.67%	9.09%	9.24%
Free Cash Flow Margin	-33.50%	-29.06%	-62.93%	-38.05%	-4.31%	-11.19%
EBITDA	193.58	471.78	88.02	50.72	133.8	91.36
EBITDA Margin	3.71%	9.88%	4.96%	4.26%	12.39%	10.95%
D&A For EBITDA	19.13	18.07	13.8	11.07	12.57	2.03
EBIT	174.45	453.71	74.22	39.65	121.23	89.33
EBIT Margin	3.35%	9.51%	4.18%	3.33%	11.23%	10.70%
Effective Tax Rate	-	7.38%	-	-	10.81%	16.43%
Revenue as Reported	5,214	4,773	1,776	1,191	1,080	-

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