Suzhou Good-Ark Electronics Co., Ltd. (SHE:002079)

SHE:002079 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
Operating Revenue	5,357	5,596	4,066	3,258	2,471	1,800
Other Revenue	41.51	41.51	21.52	9.83	4.61	4.22
Revenue	5,399	5,638	4,087	3,268	2,476	1,805
Revenue Growth (YoY)	20.08%	37.94%	25.06%	32.01%	37.18%	-8.88%
Cost of Revenue	4,876	5,083	3,507	2,711	2,011	1,478
Gross Profit	522.96	555.17	580.56	557.31	464.65	326.95
Selling, General & Admin	195.86	197.11	222.23	175.1	125.62	94.69
Research & Development	191.39	200.69	146.09	117.3	103.42	84.54
Other Operating Expenses	-5.33	-10.59	14.42	8.5	9.64	7.69
Operating Expenses	430.49	435.77	393.83	305.41	258.54	210.25
Operating Income	92.47	119.4	186.73	251.89	206.11	116.7
Interest Expense	-19.2	-19.2	-13.28	-9.96	-7.13	-2.97
Interest & Investment Income	20.17	12.12	81.05	22.28	17.8	4.39
Currency Exchange Gain (Loss)	1.97	1.97	-0.51	12.19	-1.21	-22.94
Other Non Operating Income (Expenses)	0.03	-0.99	-0.75	-0.76	-0.91	-0.38
EBT Excluding Unusual Items	95.43	113.3	253.24	275.64	214.67	94.8
Gain (Loss) on Sale of Investments	8.87	-37.98	-83.76	151.38	19.58	10.3
Gain (Loss) on Sale of Assets	0.03	0.02	0.15	-0.1	1.78	0.86
Asset Writedown	-7.11	-7.12	-0.5	-6.96	-7.49	-0.31
Other Unusual Items	9.55	9.55	4.91	7.97	26.82	11.29
Pretax Income	106.77	77.78	174.03	427.94	255.36	116.94
Income Tax Expense	6.01	6.58	18.45	53.85	34.75	12.68
Earnings From Continuing Operations	100.76	71.2	155.58	374.09	220.61	104.26
Minority Interest in Earnings	2.32	2.49	-2.29	-3.07	-2.9	-13.88
Net Income	103.08	73.69	153.29	371.02	217.71	90.38
Net Income to Common	103.08	73.69	153.29	371.02	217.71	90.38
Net Income Growth	-25.22%	-51.93%	-58.68%	70.42%	140.90%	-6.30%
Shares Outstanding (Basic)	808	807	806	806	792	728
Shares Outstanding (Diluted)	808	807	806	806	792	728
Shares Change (YoY)	0.18%	0.10%	-0.00%	1.86%	8.71%	0.04%
EPS (Basic)	0.13	0.09	0.19	0.46	0.28	0.12
EPS (Diluted)	0.13	0.09	0.19	0.46	0.28	0.12
EPS Growth	-25.35%	-51.97%	-58.68%	67.31%	121.60%	-6.34%
Free Cash Flow	165.29	-86.45	101.15	-20.17	-49.35	62.54
Free Cash Flow Per Share	0.20	-0.11	0.13	-0.03	-0.06	0.09
Dividend Per Share	0.019	0.019	0.038	0.029	0.044	0.040
Dividend Growth	-50.00%	-50.00%	31.03%	-34.09%	10.00%	-
Gross Margin	9.69%	9.85%	14.20%	17.05%	18.77%	18.12%
Operating Margin	1.71%	2.12%	4.57%	7.71%	8.33%	6.47%
Profit Margin	1.91%	1.31%	3.75%	11.35%	8.79%	5.01%
Free Cash Flow Margin	3.06%	-1.53%	2.48%	-0.62%	-1.99%	3.47%
EBITDA	192.2	217.14	276.53	330.27	282.7	199.3
EBITDA Margin	3.56%	3.85%	6.77%	10.11%	11.42%	11.04%
D&A For EBITDA	99.73	97.74	89.8	78.37	76.58	82.6
EBIT	92.47	119.4	186.73	251.89	206.11	116.7
EBIT Margin	1.71%	2.12%	4.57%	7.71%	8.33%	6.47%
Effective Tax Rate	5.63%	8.45%	10.60%	12.58%	13.61%	10.85%
Revenue as Reported	5,638	5,638	4,087	3,268	2,476	1,805
Advertising Expenses	-	21.32	52.41	45.59	28.22	-

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