Maxscend Microelectronics Company Limited (SHE: 300782)

Maxscend Microelectronics Company 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	4,669	4,375	3,675	4,633	2,792	1,512
Other Revenue	3.32	3.32	2.18	0.18	-	-
Revenue	4,672	4,378	3,677	4,634	2,792	1,512
Revenue Growth (YoY)	25.09%	19.05%	-20.63%	65.95%	84.62%	169.98%
Cost of Revenue	2,843	2,441	2,041	2,023	1,364	734.56
Gross Profit	1,829	1,938	1,637	2,611	1,428	777.84
Selling, General & Admin	217.49	201.12	139.16	97.46	59.65	75.6
Research & Development	971.47	628.94	449.28	304.25	182.29	137.65
Other Operating Expenses	1.92	10.2	5.89	3.3	3.89	9.16
Operating Expenses	1,200	846.17	583.78	417.76	244.55	240
Operating Income	629.62	1,091	1,053	2,193	1,184	537.83
Interest Expense	-20.76	-2.34	-0.55	-0.17	-	-
Interest & Investment Income	28.8	53.28	13.82	34.76	9.62	6.14
Currency Exchange Gain (Loss)	0.76	0.76	23.15	-23.4	-22.95	7.18
Other Non Operating Income (Expenses)	-6.63	1.02	-3.33	-3.32	-0.58	-0.52
EBT Excluding Unusual Items	631.79	1,144	1,086	2,201	1,170	550.63
Gain (Loss) on Sale of Investments	18.81	18.81	-1.64	8.74	36.84	5.15
Gain (Loss) on Sale of Assets	2.61	1.1	0.02	0	-	-
Asset Writedown	34.34	-	-	-0	-0.04	-0.02
Other Unusual Items	2.81	6.88	4.99	205.17	10.43	6.89
Pretax Income	690.35	1,171	1,089	2,415	1,217	562.66
Income Tax Expense	-36.15	51.51	10.81	280.27	146.65	68.2
Earnings From Continuing Operations	726.5	1,119	1,078	2,135	1,071	494.46
Minority Interest in Earnings	2.31	2.88	-9.14	0.13	2.29	2.71
Net Income	728.81	1,122	1,069	2,135	1,073	497.17
Net Income to Common	728.81	1,122	1,069	2,135	1,073	497.17
Net Income Growth	-19.32%	4.95%	-49.91%	99.00%	115.78%	206.27%
Shares Outstanding (Basic)	534	534	534	532	518	454
Shares Outstanding (Diluted)	535	535	534	533	518	454
Shares Change (YoY)	0.08%	0.18%	0.23%	2.73%	14.28%	16.67%
EPS (Basic)	1.36	2.10	2.00	4.01	2.07	1.10
EPS (Diluted)	1.36	2.10	2.00	4.01	2.07	1.10
EPS Growth	-19.39%	4.77%	-50.02%	93.71%	88.81%	162.51%
Free Cash Flow	-2,471	-227.66	-768.48	-1,709	852.01	-40.63
Free Cash Flow Per Share	-4.62	-0.43	-1.44	-3.21	1.64	-0.09
Dividend Per Share	0.224	0.224	0.170	0.438	0.347	0.386
Dividend Growth	31.62%	31.62%	-61.14%	26.01%	-10.01%	-
Gross Margin	39.15%	44.26%	44.50%	56.35%	51.16%	51.43%
Operating Margin	13.48%	24.93%	28.63%	47.33%	42.40%	35.56%
Profit Margin	15.60%	25.63%	29.08%	46.07%	38.42%	32.87%
Free Cash Flow Margin	-52.89%	-5.20%	-20.90%	-36.87%	30.51%	-2.69%
EBITDA	914.47	1,295	1,148	2,241	1,213	557.07
EBITDA Margin	19.57%	29.58%	31.21%	48.36%	43.45%	36.83%
D&A For EBITDA	284.86	203.5	95.04	47.57	29.29	19.23
EBIT	629.62	1,091	1,053	2,193	1,184	537.83
EBIT Margin	13.48%	24.93%	28.63%	47.33%	42.40%	35.56%
Effective Tax Rate	-	4.40%	0.99%	11.61%	12.05%	12.12%
Revenue as Reported	4,672	4,378	3,677	4,634	2,792	1,512

Source: S&P Capital IQ. Standard template. Financial Sources.