Sieyuan Electric Co., Ltd. (SHE: 002028)

Sieyuan Electric Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	14,217	12,391	10,444	8,695	7,312	6,331
Other Revenue	69.38	69.38	92.64	-	60.54	49.26
Revenue	14,286	12,460	10,537	8,695	7,373	6,380
Revenue Growth (YoY)	17.91%	18.25%	21.18%	17.94%	15.56%	32.74%
Cost of Revenue	9,934	8,794	7,757	6,045	5,217	4,517
Gross Profit	4,353	3,666	2,780	2,651	2,156	1,863
Selling, General & Admin	1,090	945.24	686.93	673.57	618.11	923.63
Research & Development	1,019	911.88	666.5	550.85	421.36	385.5
Other Operating Expenses	44.71	14.64	63.72	44.68	37.67	25.96
Operating Expenses	2,284	1,959	1,524	1,328	1,106	1,299
Operating Income	2,069	1,706	1,257	1,323	1,049	563.91
Interest Expense	-4.08	-6.5	-5.05	-3.43	-2.02	-1.98
Interest & Investment Income	96.65	57.07	22.32	22.7	21.12	15.27
Currency Exchange Gain (Loss)	-10.85	-10.85	12.19	-17.35	-38.96	-2.43
Other Non Operating Income (Expenses)	-71.1	-17.26	-14.87	-13.43	-13.38	-12.48
EBT Excluding Unusual Items	2,080	1,729	1,271	1,311	1,016	562.28
Impairment of Goodwill	-112.91	-112.91	-	-	-	-
Gain (Loss) on Sale of Investments	53.26	13.39	-38.25	10.38	17.69	-0.25
Gain (Loss) on Sale of Assets	0.3	0.75	1.07	-0.65	3.84	0.47
Asset Writedown	-12.48	-3.65	-1.85	-4.04	-2.83	-0.58
Other Unusual Items	202.38	144.87	98.65	86.78	80.21	69.82
Pretax Income	2,210	1,771	1,331	1,404	1,115	631.75
Income Tax Expense	270.07	162.9	43.52	131.37	121.09	55.93
Earnings From Continuing Operations	1,940	1,609	1,288	1,272	993.84	575.81
Minority Interest in Earnings	-37.79	-49.34	-67.07	-74.65	-60.51	-18.25
Net Income	1,902	1,559	1,221	1,198	933.33	557.56
Net Income to Common	1,902	1,559	1,221	1,198	933.33	557.56
Net Income Growth	20.16%	27.75%	1.91%	28.32%	67.39%	89.25%
Shares Outstanding (Basic)	776	772	768	763	759	764
Shares Outstanding (Diluted)	776	772	768	763	759	764
Shares Change (YoY)	1.12%	0.55%	0.62%	0.53%	-0.65%	1.10%
EPS (Basic)	2.45	2.02	1.59	1.57	1.23	0.73
EPS (Diluted)	2.45	2.02	1.59	1.57	1.23	0.73
EPS Growth	18.84%	27.04%	1.27%	27.64%	68.49%	87.18%
Free Cash Flow	1,444	1,539	609.5	-156.33	500.07	684.04
Free Cash Flow Per Share	1.86	1.99	0.79	-0.20	0.66	0.90
Dividend Per Share	0.400	0.400	0.300	0.200	0.200	0.100
Dividend Growth	33.31%	33.31%	49.99%	0%	100.00%	0%
Gross Margin	30.47%	29.42%	26.39%	30.48%	29.24%	29.20%
Operating Margin	14.48%	13.70%	11.93%	15.21%	14.23%	8.84%
Profit Margin	13.32%	12.51%	11.58%	13.77%	12.66%	8.74%
Free Cash Flow Margin	10.11%	12.35%	5.78%	-1.80%	6.78%	10.72%
EBITDA	2,276	1,876	1,377	1,413	1,133	647.63
EBITDA Margin	15.93%	15.06%	13.07%	16.25%	15.37%	10.15%
D&A For EBITDA	207.04	169.9	120.38	90.59	83.71	83.72
EBIT	2,069	1,706	1,257	1,323	1,049	563.91
EBIT Margin	14.48%	13.70%	11.93%	15.21%	14.23%	8.84%
Effective Tax Rate	12.22%	9.20%	3.27%	9.36%	10.86%	8.85%
Revenue as Reported	14,286	12,460	10,537	8,695	7,373	6,380

Source: S&P Capital IQ. Standard template. Financial Sources.