Sineng Electric Co.,Ltd. (SHE: 300827)

Sineng Electric Co.,Ltd. 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	4,689	4,930	2,338	1,092	1,004	922.49
Other Revenue	2.28	2.28	0.8	0.84	0.42	0.16
Revenue	4,691	4,933	2,339	1,092	1,004	922.65
Revenue Growth (YoY)	2.35%	110.93%	114.08%	8.80%	8.82%	8.97%
Cost of Revenue	3,611	3,984	1,934	823.76	745.53	647.61
Gross Profit	1,080	948.78	404.47	268.61	258.48	275.04
Selling, General & Admin	346.37	325.54	161.5	108.73	99.61	114.25
Research & Development	283.17	268.57	144.28	92.85	76.15	58.47
Other Operating Expenses	-34.68	-27.03	-3.43	-2.2	-5.31	-0.93
Operating Expenses	659.08	650.13	325.93	204.79	181.15	191.57
Operating Income	420.73	298.64	78.54	63.82	77.33	83.47
Interest Expense	-36.72	-28.04	-22.61	-8.13	-12.1	-8.18
Interest & Investment Income	13.69	18.78	7.72	7.79	5.1	1.48
Currency Exchange Gain (Loss)	11.76	11.76	3.04	-3.27	-9.08	1.74
Other Non Operating Income (Expenses)	-22.7	-6.44	-5.79	-2.13	-2.51	-3.18
EBT Excluding Unusual Items	386.77	294.7	60.91	58.08	58.73	75.34
Gain (Loss) on Sale of Investments	-1.66	0.22	-	-	-	-
Gain (Loss) on Sale of Assets	0.03	0.1	-0.47	-0.02	-0	-
Asset Writedown	6.75	-0	-2.55	-	-0.37	-
Other Unusual Items	3.84	3.84	18.67	1.52	17.9	13.08
Pretax Income	395.72	298.86	76.56	59.57	76.26	88.42
Income Tax Expense	17.98	13.51	-5.01	0.66	-1.19	4.58
Earnings From Continuing Operations	377.74	285.35	81.56	58.91	77.45	83.84
Minority Interest in Earnings	1.54	0.51	-	-	-	-
Net Income	379.28	285.87	81.56	58.91	77.45	83.84
Net Income to Common	379.28	285.87	81.56	58.91	77.45	83.84
Net Income Growth	55.06%	250.48%	38.46%	-23.94%	-7.62%	18.32%
Shares Outstanding (Basic)	362	353	340	337	321	255
Shares Outstanding (Diluted)	362	353	340	337	321	255
Shares Change (YoY)	5.55%	3.85%	0.90%	4.80%	25.80%	0.40%
EPS (Basic)	1.05	0.81	0.24	0.17	0.24	0.33
EPS (Diluted)	1.05	0.81	0.24	0.17	0.24	0.33
EPS Growth	46.90%	237.50%	37.22%	-27.43%	-26.57%	17.85%
Free Cash Flow	-312.61	-324.43	43.67	-26.43	-19.56	82.78
Free Cash Flow Per Share	-0.86	-0.92	0.13	-0.08	-0.06	0.32
Dividend Per Share	0.100	0.100	0.067	0.039	0.043	-
Dividend Growth	49.70%	49.70%	71.72%	-9.95%	-	-
Gross Margin	23.02%	19.23%	17.30%	24.59%	25.74%	29.81%
Operating Margin	8.97%	6.05%	3.36%	5.84%	7.70%	9.05%
Profit Margin	8.09%	5.80%	3.49%	5.39%	7.71%	9.09%
Free Cash Flow Margin	-6.66%	-6.58%	1.87%	-2.42%	-1.95%	8.97%
EBITDA	466.12	336.54	106.44	78.84	89.01	92.3
EBITDA Margin	9.94%	6.82%	4.55%	7.22%	8.87%	10.00%
D&A For EBITDA	45.39	37.89	27.9	15.02	11.68	8.82
EBIT	420.73	298.64	78.54	63.82	77.33	83.47
EBIT Margin	8.97%	6.05%	3.36%	5.84%	7.70%	9.05%
Effective Tax Rate	4.54%	4.52%	-	1.11%	-	5.18%
Revenue as Reported	4,691	4,933	2,339	1,092	1,004	922.65
Advertising Expenses	-	12.76	4.49	5.04	5.9	3.86

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