Hangzhou Sunrise Technology Co.,Ltd. (SHE:300360)

SHE:300360 Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Operating Revenue	2,057	1,759	1,497	1,195	1,076	875.23
Other Revenue	12.61	12.61	9.73	15.52	20.6	17.16
Revenue	2,069	1,771	1,506	1,210	1,097	892.39
Revenue Growth (YoY)	20.46%	17.59%	24.47%	10.32%	22.93%	2.35%
Cost of Revenue	1,084	980.21	917.99	743.78	667.12	538.87
Gross Profit	984.96	791.13	588.33	466.44	429.86	353.52
Selling, General & Admin	150.42	158.47	152.13	105.82	118.11	125.59
Research & Development	122.14	119.15	105.14	77.86	56.2	60.2
Other Operating Expenses	-34.22	-35.5	-18.87	-22.34	-5.56	-3.14
Operating Expenses	252.24	247.59	237.22	168.76	170.23	187.73
Operating Income	732.72	543.54	351.11	297.68	259.63	165.79
Interest Expense	-0.06	-0.08	-0.15	-0.22	-0.05	-0.03
Interest & Investment Income	71.87	51.79	42.87	59.84	52.18	69.12
Currency Exchange Gain (Loss)	3.63	3.63	9.88	-2	-4.88	0.58
Other Non Operating Income (Expenses)	-3.61	-0.9	-0.64	-0.69	-0.38	-0.68
EBT Excluding Unusual Items	804.55	597.98	403.07	354.61	306.5	234.78
Gain (Loss) on Sale of Investments	-28.51	60.56	122.97	18.88	27.17	30.12
Gain (Loss) on Sale of Assets	0.89	0.22	0.01	0.01	0.03	0.01
Asset Writedown	-0.57	-0.16	-0.3	-0.08	-0.13	-0.07
Other Unusual Items	33.56	33.56	24.28	0.04	15.22	12.88
Pretax Income	809.93	692.16	550.03	373.46	348.79	277.72
Income Tax Expense	104.03	83.26	66.86	47.44	47.02	34.81
Earnings From Continuing Operations	705.89	608.91	483.17	326.02	301.77	242.92
Minority Interest in Earnings	0.79	-1.61	-11.08	-8.17	-8.44	0.03
Net Income	706.68	607.29	472.09	317.85	293.33	242.94
Net Income to Common	706.68	607.29	472.09	317.85	293.33	242.94
Net Income Growth	14.05%	28.64%	48.53%	8.36%	20.74%	78.87%
Shares Outstanding (Basic)	508	506	502	505	506	528
Shares Outstanding (Diluted)	508	506	502	505	506	528
Shares Change (YoY)	1.13%	0.77%	-0.45%	-0.24%	-4.24%	-1.31%
EPS (Basic)	1.39	1.20	0.94	0.63	0.58	0.46
EPS (Diluted)	1.39	1.20	0.94	0.63	0.58	0.46
EPS Growth	12.77%	27.66%	49.21%	8.62%	26.09%	81.25%
Free Cash Flow	684.83	507.16	421.1	-67.15	70.82	121.4
Free Cash Flow Per Share	1.35	1.00	0.84	-0.13	0.14	0.23
Dividend Per Share	0.700	0.500	0.200	0.150	0.150	0.154
Dividend Growth	250.00%	150.00%	33.33%	-	-2.47%	100.00%
Gross Margin	47.60%	44.66%	39.06%	38.54%	39.19%	39.62%
Operating Margin	35.41%	30.69%	23.31%	24.60%	23.67%	18.58%
Profit Margin	34.15%	34.28%	31.34%	26.26%	26.74%	27.22%
Free Cash Flow Margin	33.10%	28.63%	27.96%	-5.55%	6.46%	13.60%
EBITDA	800.76	598.44	388.49	318.74	281.16	184.21
EBITDA Margin	38.70%	33.78%	25.79%	26.34%	25.63%	20.64%
D&A For EBITDA	68.04	54.9	37.38	21.06	21.53	18.42
EBIT	732.72	543.54	351.11	297.68	259.63	165.79
EBIT Margin	35.41%	30.69%	23.31%	24.60%	23.67%	18.58%
Effective Tax Rate	12.85%	12.03%	12.16%	12.70%	13.48%	12.53%
Revenue as Reported	2,069	1,771	1,506	1,210	1,097	892.39
Advertising Expenses	-	0.66	0.49	0.45	0.63	0.93

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