Shenzhen Sinovatio Technology Co., Ltd. (SHE:002912)

SHE:002912 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	686.94	636.48	629.89	413.32	669.32	932.01
Other Revenue	21.97	21.97	23.33	22.46	24.56	22.09
Revenue	708.91	658.45	653.22	435.78	693.88	954.1
Revenue Growth (YoY)	27.62%	0.80%	49.90%	-37.20%	-27.27%	5.48%
Cost of Revenue	189.87	176.65	153.02	154.95	221.04	227.59
Gross Profit	519.05	481.8	500.2	280.83	472.83	726.51
Selling, General & Admin	270.83	258.52	264.69	251.28	249.75	261.79
Research & Development	230.29	217.75	218.12	246.67	207.64	235.99
Other Operating Expenses	-19.09	-6.23	-26.82	-5.27	-19.82	-33.58
Operating Expenses	470.08	481.2	448.4	523.58	478.92	491.76
Operating Income	48.97	0.6	51.8	-242.76	-6.09	234.75
Interest Expense	-0.23	-0.45	-0.36	-0.3	-0.22	-
Interest & Investment Income	42.41	48.58	25.7	25.03	28.82	37.68
Currency Exchange Gain (Loss)	8.14	8.14	7.77	35.69	-7.37	-18.82
Other Non Operating Income (Expenses)	2.07	0.21	-0.04	0.01	-0.6	-1.65
EBT Excluding Unusual Items	101.36	57.09	84.87	-182.33	14.55	251.97
Gain (Loss) on Sale of Investments	-	-	-	-0.98	-	-
Gain (Loss) on Sale of Assets	-	-	-	-0.05	0.03	-
Asset Writedown	-7.93	0.01	0.24	-	-0	0.32
Other Unusual Items	2.82	2.82	29.14	14.94	9.88	9.9
Pretax Income	96.25	59.92	114.24	-168.42	24.46	262.18
Income Tax Expense	-	-	-	-46.36	-31.81	14.4
Net Income	96.25	59.92	114.24	-122.06	56.27	247.78
Net Income to Common	96.25	59.92	114.24	-122.06	56.27	247.78
Net Income Growth	-	-47.55%	-	-	-77.29%	-16.04%
Shares Outstanding (Basic)	178	171	171	172	171	173
Shares Outstanding (Diluted)	178	171	171	172	171	173
Shares Change (YoY)	6.74%	0.41%	-0.82%	0.83%	-1.59%	1.58%
EPS (Basic)	0.54	0.35	0.67	-0.71	0.33	1.43
EPS (Diluted)	0.54	0.35	0.67	-0.71	0.33	1.43
EPS Growth	-	-47.76%	-	-	-76.92%	-17.34%
Free Cash Flow	74.76	103.83	71.26	-135.75	-231.79	198.51
Free Cash Flow Per Share	0.42	0.61	0.42	-0.79	-1.36	1.15
Dividend Per Share	0.200	0.200	0.300	-	-	0.400
Dividend Growth	-33.33%	-33.33%	-	-	-	-1.55%
Gross Margin	73.22%	73.17%	76.57%	64.44%	68.14%	76.15%
Operating Margin	6.91%	0.09%	7.93%	-55.71%	-0.88%	24.60%
Profit Margin	13.58%	9.10%	17.49%	-28.01%	8.11%	25.97%
Free Cash Flow Margin	10.55%	15.77%	10.91%	-31.15%	-33.41%	20.81%
EBITDA	76.01	29.81	83.88	-209.15	26.93	261.72
EBITDA Margin	10.72%	4.53%	12.84%	-48.00%	3.88%	27.43%
D&A For EBITDA	27.05	29.2	32.08	33.6	33.02	26.97
EBIT	48.97	0.6	51.8	-242.76	-6.09	234.75
EBIT Margin	6.91%	0.09%	7.93%	-55.71%	-0.88%	24.60%
Effective Tax Rate	-	-	-	-	-	5.49%
Revenue as Reported	708.91	658.45	653.22	435.78	693.88	954.1
Advertising Expenses	-	5.43	5.49	4.64	6.11	2.87

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.