Newcapec Electronics Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	965.59	978.58	1,057	1,067	1,014	934.82
Other Revenue	5.62	5.62	4.21	3.11	2.66	4.53
Revenue	971.2	984.2	1,061	1,070	1,017	939.35
Revenue Growth (YoY)	-8.08%	-7.27%	-0.78%	5.22%	8.23%	-2.56%
Cost of Revenue	412.49	404.94	446.41	468.09	395.37	391.41
Gross Profit	558.71	579.26	614.99	601.61	621.29	547.94
Selling, General & Admin	318.12	338.03	372.82	365.53	324.2	287.61
Research & Development	122.21	119.96	129.47	113.5	113.2	96.02
Other Operating Expenses	-9.07	-19.82	-32.48	-35.67	-22.11	-28.09
Operating Expenses	450.67	454.94	498.32	446.25	438.36	367.14
Operating Income	108.04	124.32	116.66	155.36	182.94	180.79
Interest Expense	-2.22	-2.26	-2.99	-4.72	-3.11	-3.57
Interest & Investment Income	6.67	7.73	23.29	15.4	8.2	12.14
Other Non Operating Income (Expenses)	1.37	0.53	-1.27	-1.72	-4.87	-3.01
EBT Excluding Unusual Items	113.86	130.32	135.7	164.31	183.15	186.35
Impairment of Goodwill	-	-	-	-7.07	-	-3.85
Gain (Loss) on Sale of Investments	-7.89	-8.88	-0.14	-	-2.47	2.37
Gain (Loss) on Sale of Assets	0.2	0.16	0.05	-0.02	0.02	-0.03
Asset Writedown	-0.22	-0.22	-24.43	0	0.04	-0.06
Legal Settlements	-0.28	-0.28	-0.07	-0.34	-0.36	-
Other Unusual Items	5.71	5.71	-	-29.01	6.88	22.69
Pretax Income	111.37	126.81	111.11	127.87	187.27	207.47
Income Tax Expense	14.02	17.71	5.35	10.79	15.64	22.72
Earnings From Continuing Operations	97.35	109.11	105.76	117.08	171.63	184.74
Minority Interest in Earnings	-1.7	1.1	1.75	-4.65	-10.62	-2.85
Net Income	95.65	110.21	107.51	112.42	161	181.89
Net Income to Common	95.65	110.21	107.51	112.42	161	181.89
Net Income Growth	-15.82%	2.51%	-4.37%	-30.18%	-11.48%	15.35%
Shares Outstanding (Basic)	476	476	476	476	475	476
Shares Outstanding (Diluted)	476	476	476	476	475	476
Shares Change (YoY)	-0.31%	-0.02%	-0.00%	0.30%	-0.26%	-1.02%
EPS (Basic)	0.20	0.23	0.23	0.24	0.34	0.38
EPS (Diluted)	0.20	0.23	0.23	0.24	0.34	0.38
EPS Growth	-15.56%	2.53%	-4.36%	-30.38%	-11.26%	16.53%
Free Cash Flow	69.56	106.08	-47.19	-73.87	65.7	114.51
Free Cash Flow Per Share	0.15	0.22	-0.10	-0.15	0.14	0.24
Dividend Per Share	0.080	0.080	0.080	0.065	0.065	0.060
Dividend Growth	-	-	23.08%	-	8.33%	-
Gross Margin	57.53%	58.86%	57.94%	56.24%	61.11%	58.33%
Operating Margin	11.12%	12.63%	10.99%	14.52%	17.99%	19.25%
Profit Margin	9.85%	11.20%	10.13%	10.51%	15.84%	19.36%
Free Cash Flow Margin	7.16%	10.78%	-4.45%	-6.91%	6.46%	12.19%
EBITDA	71.4	138.06	197.57	217.95	229.24	215.6
EBITDA Margin	7.35%	14.03%	18.61%	20.38%	22.55%	22.95%
D&A For EBITDA	-36.64	13.74	80.91	62.59	46.3	34.8
EBIT	108.04	124.32	116.66	155.36	182.94	180.79
EBIT Margin	11.12%	12.63%	10.99%	14.52%	17.99%	19.25%
Effective Tax Rate	12.59%	13.96%	4.81%	8.44%	8.35%	10.95%
Revenue as Reported	971.2	984.2	1,061	1,070	1,017	939.35
Advertising Expenses	-	1.84	2.82	2.4	1.66	2.15

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