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

Sieyuan Electric 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	Dec 31, 2024	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	15,458	15,458	12,391	10,444	8,695	7,312
Other Revenue	-	-	69.38	92.64	-	60.54
Revenue	15,458	15,458	12,460	10,537	8,695	7,373
Revenue Growth (YoY)	24.06%	24.06%	18.25%	21.18%	17.94%	15.56%
Cost of Revenue	-	-	8,794	7,757	6,045	5,217
Gross Profit	15,458	15,458	3,666	2,780	2,651	2,156
Selling, General & Admin	-	-	945.24	686.93	673.57	618.11
Research & Development	-	-	911.88	666.5	550.85	421.36
Other Operating Expenses	13,028	13,028	14.64	63.72	44.68	37.67
Operating Expenses	13,028	13,028	1,959	1,524	1,328	1,106
Operating Income	2,430	2,430	1,706	1,257	1,323	1,049
Interest Expense	-	-	-6.5	-5.05	-3.43	-2.02
Interest & Investment Income	-	-	57.07	22.32	22.7	21.12
Currency Exchange Gain (Loss)	-	-	-10.85	12.19	-17.35	-38.96
Other Non Operating Income (Expenses)	-1.64	-1.64	-17.26	-14.87	-13.43	-13.38
EBT Excluding Unusual Items	2,428	2,428	1,729	1,271	1,311	1,016
Impairment of Goodwill	-	-	-112.91	-	-	-
Gain (Loss) on Sale of Investments	-	-	13.39	-38.25	10.38	17.69
Gain (Loss) on Sale of Assets	-	-	0.75	1.07	-0.65	3.84
Asset Writedown	-	-	-3.65	-1.85	-4.04	-2.83
Other Unusual Items	-	-	144.87	98.65	86.78	80.21
Pretax Income	2,428	2,428	1,771	1,331	1,404	1,115
Income Tax Expense	341.81	341.81	162.9	43.52	131.37	121.09
Earnings From Continuing Operations	2,087	2,087	1,609	1,288	1,272	993.84
Minority Interest in Earnings	-	-	-49.34	-67.07	-74.65	-60.51
Net Income	2,087	2,087	1,559	1,221	1,198	933.33
Net Income to Common	2,087	2,087	1,559	1,221	1,198	933.33
Net Income Growth	33.82%	33.82%	27.75%	1.91%	28.32%	67.39%
Shares Outstanding (Basic)	776	776	772	768	763	759
Shares Outstanding (Diluted)	776	776	772	768	763	759
Shares Change (YoY)	0.49%	0.49%	0.55%	0.62%	0.53%	-0.65%
EPS (Basic)	2.69	2.69	2.02	1.59	1.57	1.23
EPS (Diluted)	2.69	2.69	2.02	1.59	1.57	1.23
EPS Growth	33.17%	33.17%	27.04%	1.27%	27.64%	68.49%
Free Cash Flow	-	-	1,539	609.5	-156.33	500.07
Free Cash Flow Per Share	-	-	1.99	0.79	-0.20	0.66
Dividend Per Share	-	-	0.400	0.300	0.200	0.200
Dividend Growth	-	-	33.31%	49.99%	0%	100.00%
Gross Margin	100.00%	100.00%	29.42%	26.39%	30.48%	29.24%
Operating Margin	15.72%	15.72%	13.70%	11.93%	15.21%	14.23%
Profit Margin	13.50%	13.50%	12.51%	11.58%	13.77%	12.66%
Free Cash Flow Margin	-	-	12.35%	5.78%	-1.80%	6.78%
EBITDA	2,600	2,600	1,876	1,377	1,413	1,133
EBITDA Margin	16.82%	16.82%	15.06%	13.07%	16.25%	15.37%
D&A For EBITDA	169.9	169.9	169.9	120.38	90.59	83.71
EBIT	2,430	2,430	1,706	1,257	1,323	1,049
EBIT Margin	15.72%	15.72%	13.70%	11.93%	15.21%	14.23%
Effective Tax Rate	14.08%	14.08%	9.20%	3.27%	9.36%	10.86%
Revenue as Reported	-	-	12,460	10,537	8,695	7,373

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