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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	699.27	636.48	629.89	413.32	669.32	932.01
Other Revenue	17.67	21.97	23.33	22.46	24.56	22.09
Revenue	716.94	658.45	653.22	435.78	693.88	954.1
Revenue Growth (YoY)	40.45%	0.80%	49.90%	-37.20%	-27.27%	5.48%
Cost of Revenue	193.11	176.65	153.02	154.95	221.04	227.59
Gross Profit	523.83	481.8	500.2	280.83	472.83	726.51
Selling, General & Admin	266.45	258.52	264.69	251.28	249.75	261.79
Research & Development	223.87	217.75	218.12	246.67	207.64	235.99
Other Operating Expenses	3.12	-6.23	-26.82	-5.27	-19.82	-33.58
Operating Expenses	484.29	481.2	448.4	523.58	478.92	491.76
Operating Income	39.54	0.6	51.8	-242.76	-6.09	234.75
Interest Expense	-0.35	-0.45	-0.36	-0.3	-0.22	-
Interest & Investment Income	36.43	48.58	25.7	25.03	28.82	37.68
Currency Exchange Gain (Loss)	4.9	8.14	7.77	35.69	-7.37	-18.82
Other Non Operating Income (Expenses)	0.01	0.21	-0.04	0.01	-0.6	-1.65
EBT Excluding Unusual Items	80.53	57.09	84.87	-182.33	14.55	251.97
Gain (Loss) on Sale of Investments	-	-	-	-0.98	-	-
Gain (Loss) on Sale of Assets	-0.36	-	-	-0.05	0.03	-
Asset Writedown	0.01	0.01	0.24	-	-0	0.32
Other Unusual Items	7.02	2.82	29.14	14.94	9.88	9.9
Pretax Income	87.2	59.92	114.24	-168.42	24.46	262.18
Income Tax Expense	-	-	-	-46.36	-31.81	14.4
Net Income	87.2	59.92	114.24	-122.06	56.27	247.78
Net Income to Common	87.2	59.92	114.24	-122.06	56.27	247.78
Net Income Growth	-	-47.55%	-	-	-77.29%	-16.04%
Shares Outstanding (Basic)	171	171	171	172	171	173
Shares Outstanding (Diluted)	171	171	171	172	171	173
Shares Change (YoY)	0.56%	0.41%	-0.82%	0.83%	-1.59%	1.58%
EPS (Basic)	0.51	0.35	0.67	-0.71	0.33	1.43
EPS (Diluted)	0.51	0.35	0.67	-0.71	0.33	1.43
EPS Growth	-	-47.76%	-	-	-76.92%	-17.34%
Free Cash Flow	95.35	103.83	71.26	-135.75	-231.79	198.51
Free Cash Flow Per Share	0.56	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	73.06%	73.17%	76.57%	64.44%	68.14%	76.15%
Operating Margin	5.51%	0.09%	7.93%	-55.71%	-0.88%	24.60%
Profit Margin	12.16%	9.10%	17.49%	-28.01%	8.11%	25.97%
Free Cash Flow Margin	13.30%	15.77%	10.91%	-31.15%	-33.41%	20.81%
EBITDA	69.06	29.81	83.88	-209.15	26.93	261.72
EBITDA Margin	9.63%	4.53%	12.84%	-48.00%	3.88%	27.43%
D&A For EBITDA	29.52	29.2	32.08	33.6	33.02	26.97
EBIT	39.54	0.6	51.8	-242.76	-6.09	234.75
EBIT Margin	5.51%	0.09%	7.93%	-55.71%	-0.88%	24.60%
Effective Tax Rate	-	-	-	-	-	5.49%
Revenue as Reported	716.94	658.45	653.22	435.78	693.88	954.1
Advertising Expenses	-	5.43	5.49	4.64	6.11	2.87

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