Maxscend Microelectronics Company Limited (SHE:300782)

SHE:300782 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	4,480	4,375	3,675	4,633	2,792
Other Revenue	6.51	3.32	2.18	0.18	-
Revenue	4,487	4,378	3,677	4,634	2,792
Revenue Growth (YoY)	2.48%	19.05%	-20.63%	65.95%	84.62%
Cost of Revenue	2,880	2,441	2,041	2,023	1,364
Gross Profit	1,607	1,938	1,637	2,611	1,428
Selling, General & Admin	237.41	201.12	139.16	97.46	59.65
Research & Development	997.07	628.94	449.28	304.25	182.29
Other Operating Expenses	6.34	10.2	5.89	3.3	3.89
Operating Expenses	1,244	846.17	583.78	417.76	244.55
Operating Income	362.78	1,091	1,053	2,193	1,184
Interest Expense	-37.12	-2.34	-0.55	-0.17	-
Interest & Investment Income	18.68	53.28	13.82	34.76	9.62
Currency Exchange Gain (Loss)	-0.95	0.76	23.15	-23.4	-22.95
Other Non Operating Income (Expenses)	-0.79	1.02	-3.33	-3.32	-0.58
EBT Excluding Unusual Items	342.6	1,144	1,086	2,201	1,170
Gain (Loss) on Sale of Investments	-1.32	18.81	-1.64	8.74	36.84
Gain (Loss) on Sale of Assets	6.77	1.1	0.02	0	-
Asset Writedown	-	-	-	-0	-0.04
Other Unusual Items	33.43	6.88	4.99	205.17	10.43
Pretax Income	381.48	1,171	1,089	2,415	1,217
Income Tax Expense	-21.16	51.51	10.81	280.27	146.65
Earnings From Continuing Operations	402.65	1,119	1,078	2,135	1,071
Minority Interest in Earnings	-0.82	2.88	-9.14	0.13	2.29
Net Income	401.83	1,122	1,069	2,135	1,073
Net Income to Common	401.83	1,122	1,069	2,135	1,073
Net Income Growth	-64.20%	4.96%	-49.91%	99.00%	115.78%
Shares Outstanding (Basic)	534	534	534	532	518
Shares Outstanding (Diluted)	535	535	534	533	518
Shares Change (YoY)	-0.04%	0.18%	0.23%	2.73%	14.28%
EPS (Basic)	0.75	2.10	2.00	4.01	2.07
EPS (Diluted)	0.75	2.10	2.00	4.01	2.07
EPS Growth	-64.19%	4.77%	-50.02%	93.71%	88.81%
Free Cash Flow	-1,788	-227.66	-768.48	-1,709	852.01
Free Cash Flow Per Share	-3.35	-0.43	-1.44	-3.21	1.64
Dividend Per Share	0.102	0.224	0.170	0.438	0.347
Dividend Growth	-54.46%	31.77%	-61.14%	26.01%	-10.01%
Gross Margin	35.80%	44.26%	44.50%	56.35%	51.16%
Operating Margin	8.09%	24.93%	28.63%	47.33%	42.40%
Profit Margin	8.96%	25.64%	29.08%	46.07%	38.42%
Free Cash Flow Margin	-39.85%	-5.20%	-20.90%	-36.87%	30.51%
EBITDA	920.8	1,303	1,148	2,241	1,213
EBITDA Margin	20.52%	29.76%	31.21%	48.36%	43.45%
D&A For EBITDA	558.02	211.4	95.04	47.57	29.29
EBIT	362.78	1,091	1,053	2,193	1,184
EBIT Margin	8.09%	24.93%	28.63%	47.33%	42.40%
Effective Tax Rate	-	4.40%	0.99%	11.61%	12.05%
Revenue as Reported	4,487	4,378	3,677	4,634	2,792

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.