Tianjin Saixiang Technology Co.,Ltd (SHE:002337)

SHE:002337 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Jan 1, 2021
Operating Revenue	657.36	757.61	673.85	479.46	723.34	357.7
Other Revenue	2.59	1.78	3.61	1.71	9.71	3.33
Revenue	659.95	759.39	677.46	481.17	733.05	361.04
Revenue Growth (YoY)	-17.16%	12.09%	40.79%	-34.36%	103.04%	-32.05%
Cost of Revenue	453.07	557.85	458.38	339.78	568.79	349.94
Gross Profit	206.88	201.54	219.07	141.39	164.27	11.09
Selling, General & Admin	93.36	99.85	93.59	94.48	113.32	86.32
Research & Development	61.69	59.84	67.2	52.17	58.72	49.74
Other Operating Expenses	-0.1	0.88	1.9	1.7	-8.12	-1.11
Operating Expenses	185.48	181.94	172.16	143.29	137.52	136.44
Operating Income	21.4	19.61	46.92	-1.9	26.74	-125.35
Interest Expense	-0.74	-0.6	-1.02	-1.09	-0.09	-
Interest & Investment Income	21.86	22.26	13.54	21.13	18.35	23.9
Currency Exchange Gain (Loss)	9.05	3.42	8.2	22.86	-5.67	-11.46
Other Non Operating Income (Expenses)	-1.37	-2.01	-1.61	-0.64	-0.3	-0.8
EBT Excluding Unusual Items	50.2	42.67	66.02	40.36	39.04	-113.71
Gain (Loss) on Sale of Investments	-1.2	-1.94	-1.2	1.6	3.71	6.57
Gain (Loss) on Sale of Assets	-	-0.01	-0	0.06	-0.03	-0.01
Asset Writedown	-0	-0	-0.93	-	-	-
Other Unusual Items	6.01	4.55	2.51	8.28	9.07	-
Pretax Income	55.01	45.27	66.4	50.3	51.79	-107.15
Income Tax Expense	9.59	7.01	3.22	-3.92	11.02	2.04
Earnings From Continuing Operations	45.42	38.26	63.18	54.22	40.78	-109.19
Minority Interest in Earnings	2.01	1.53	0.06	-2.7	-3.62	7.33
Net Income	47.43	39.79	63.24	51.53	37.16	-101.86
Net Income to Common	47.43	39.79	63.24	51.53	37.16	-101.86
Net Income Growth	20.57%	-37.08%	22.73%	38.66%	-	-
Shares Outstanding (Basic)	532	568	575	573	619	599
Shares Outstanding (Diluted)	532	568	575	573	619	599
Shares Change (YoY)	-13.41%	-1.13%	0.42%	-7.56%	3.36%	10.02%
EPS (Basic)	0.09	0.07	0.11	0.09	0.06	-0.17
EPS (Diluted)	0.09	0.07	0.11	0.09	0.06	-0.17
EPS Growth	39.23%	-36.36%	22.22%	50.00%	-	-
Free Cash Flow	-303.03	-181.73	-49.52	112.3	-56.84	-23.43
Free Cash Flow Per Share	-0.57	-0.32	-0.09	0.20	-0.09	-0.04
Dividend Per Share	0.021	0.021	0.033	-	-	-
Dividend Growth	-36.36%	-36.36%	-	-	-	-
Gross Margin	31.35%	26.54%	32.34%	29.38%	22.41%	3.07%
Operating Margin	3.24%	2.58%	6.93%	-0.40%	3.65%	-34.72%
Profit Margin	7.19%	5.24%	9.34%	10.71%	5.07%	-28.21%
Free Cash Flow Margin	-45.92%	-23.93%	-7.31%	23.34%	-7.75%	-6.49%
EBITDA	36.6	34.83	62.82	14.66	42.26	-109.61
EBITDA Margin	5.55%	4.59%	9.27%	3.05%	5.76%	-30.36%
D&A For EBITDA	15.2	15.22	15.9	16.57	15.51	15.74
EBIT	21.4	19.61	46.92	-1.9	26.74	-125.35
EBIT Margin	3.24%	2.58%	6.93%	-0.40%	3.65%	-34.72%
Effective Tax Rate	17.44%	15.48%	4.84%	-	21.27%	-
Revenue as Reported	659.95	759.39	677.46	481.17	733.05	361.04

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