Sinomag Technology Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	1,328	1,250	1,136	1,041	909.08	783.8
Other Revenue	39.15	39.15	34.12	29.21	18.75	20.87
Revenue	1,367	1,289	1,170	1,070	927.83	804.67
Revenue Growth (YoY)	16.54%	10.18%	9.33%	15.35%	15.30%	43.91%
Cost of Revenue	995.47	921.35	841.56	773.27	676.39	528.22
Gross Profit	371.78	367.84	328.56	296.97	251.44	276.45
Selling, General & Admin	136.36	137.46	120.8	121.55	95.73	80.32
Research & Development	67.15	65.22	65.24	62.88	53.35	40.78
Other Operating Expenses	2.46	3.92	4.38	4.86	7.46	6.62
Operating Expenses	210.36	210.99	192.24	194.52	158.74	129.3
Operating Income	161.42	156.85	136.32	102.45	92.7	147.15
Interest Expense	-22.06	-22.06	-18.01	-19.42	-9.91	-4.17
Interest & Investment Income	5.62	5.62	5.04	4.43	2.95	2.5
Currency Exchange Gain (Loss)	2.21	2.21	3.23	5.41	8.12	-2.42
Other Non Operating Income (Expenses)	-5.33	-1.23	-1.41	-2.13	-2.27	-2.64
EBT Excluding Unusual Items	141.85	141.38	125.17	90.74	91.59	140.42
Impairment of Goodwill	-42.77	-42.77	-19.72	-15.23	-	-
Gain (Loss) on Sale of Investments	76.38	76.39	1.98	-2.69	-0.01	-
Gain (Loss) on Sale of Assets	-0.74	-0.5	4.63	0.22	0.07	-0.17
Asset Writedown	-1.94	-0.72	-1.43	-1.11	-1.05	-0.59
Other Unusual Items	14.59	14.59	9.46	9.91	21.99	9.72
Pretax Income	187.38	188.37	120.1	81.84	112.6	149.39
Income Tax Expense	27.71	28.57	16.36	5.23	7.49	18.38
Earnings From Continuing Operations	159.67	159.8	103.74	76.61	105.11	131.01
Minority Interest in Earnings	7.93	8.68	7.32	-2.72	-	-
Net Income	167.6	168.49	111.06	73.89	105.11	131.01
Net Income to Common	167.6	168.49	111.06	73.89	105.11	131.01
Net Income Growth	54.12%	51.71%	50.31%	-29.70%	-19.77%	92.05%
Shares Outstanding (Basic)	116	117	118	119	119	120
Shares Outstanding (Diluted)	119	119	119	119	119	120
Shares Change (YoY)	0.22%	0.06%	0.21%	-0.23%	-0.79%	12.12%
EPS (Basic)	1.44	1.44	0.94	0.62	0.88	1.09
EPS (Diluted)	1.40	1.41	0.93	0.62	0.88	1.09
EPS Growth	53.77%	51.61%	50.00%	-29.54%	-19.13%	71.29%
Free Cash Flow	-110.81	-127.41	40.99	-99.56	-216.8	-54.96
Free Cash Flow Per Share	-0.93	-1.07	0.34	-0.83	-1.81	-0.46
Dividend Per Share	0.200	0.200	0.200	0.200	0.200	0.118
Dividend Growth	-	-	-	-	70.07%	-71.44%
Gross Margin	27.19%	28.53%	28.08%	27.75%	27.10%	34.36%
Operating Margin	11.81%	12.17%	11.65%	9.57%	9.99%	18.29%
Profit Margin	12.26%	13.07%	9.49%	6.90%	11.33%	16.28%
Free Cash Flow Margin	-8.11%	-9.88%	3.50%	-9.30%	-23.37%	-6.83%
EBITDA	257.55	249.97	217.36	180.38	142.74	188.35
EBITDA Margin	18.84%	19.39%	18.58%	16.85%	15.38%	23.41%
D&A For EBITDA	96.13	93.12	81.04	77.92	50.04	41.19
EBIT	161.42	156.85	136.32	102.45	92.7	147.15
EBIT Margin	11.81%	12.17%	11.65%	9.57%	9.99%	18.29%
Effective Tax Rate	14.79%	15.17%	13.63%	6.40%	6.65%	12.30%
Revenue as Reported	1,289	1,289	1,170	1,070	927.83	804.67
Advertising Expenses	-	1.53	2.88	3.79	-	-

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