Hangzhou Seck Intelligent Technology Co., Ltd. (SHE:300897)

SHE:300897 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	621.18	644.94	642.86	558.79	483.83	380.51
Other Revenue	19.15	19.15	12.34	5.36	0.2	0.27
Revenue	640.32	664.09	655.2	564.15	484.03	380.78
Revenue Growth (YoY)	-5.03%	1.36%	16.14%	16.55%	27.12%	18.69%
Cost of Revenue	376.42	389.54	386.34	331.44	265.54	201.99
Gross Profit	263.9	274.56	268.86	232.71	218.49	178.8
Selling, General & Admin	131.79	130.05	119.67	103.76	90.87	70.94
Research & Development	54.5	57	56.89	46.75	38.07	24.83
Other Operating Expenses	-16.07	-16.28	-13.22	-15.94	-10.43	-8.44
Operating Expenses	187.77	190.79	174.38	154.47	133.55	100.2
Operating Income	76.14	83.77	94.48	78.24	84.94	78.6
Interest Expense	-0.05	-0.06	-0.06	-1.2	-0.49	-1.13
Interest & Investment Income	1.06	1.29	2.05	5.17	9.7	1.74
Other Non Operating Income (Expenses)	-1.15	-0.99	0.21	-1.52	-0.28	-0.88
EBT Excluding Unusual Items	76	84.01	96.69	80.7	93.86	78.33
Gain (Loss) on Sale of Investments	0.32	0.6	1.67	2.29	0.63	0.92
Gain (Loss) on Sale of Assets	0.04	0.04	0.08	0.05	0.07	0.03
Asset Writedown	0.28	-0	-0	-	-0	-0.02
Other Unusual Items	4.79	4.81	3.01	4.81	5.43	1.37
Pretax Income	81.42	89.45	101.46	87.85	99.99	80.62
Income Tax Expense	7.96	8.68	8.59	6.89	10.21	10.79
Earnings From Continuing Operations	73.47	80.77	92.86	80.97	89.78	69.83
Minority Interest in Earnings	0.82	0.68	-0.01	-	-	-
Net Income	74.28	81.45	92.85	80.97	89.78	69.83
Net Income to Common	74.28	81.45	92.85	80.97	89.78	69.83
Net Income Growth	-20.93%	-12.28%	14.68%	-9.81%	28.57%	7.34%
Shares Outstanding (Basic)	139	139	141	141	141	115
Shares Outstanding (Diluted)	139	139	141	141	141	115
Shares Change (YoY)	-2.32%	-1.58%	0.23%	0.05%	22.71%	9.05%
EPS (Basic)	0.53	0.59	0.66	0.57	0.64	0.61
EPS (Diluted)	0.53	0.59	0.66	0.57	0.64	0.61
EPS Growth	-19.05%	-10.87%	14.42%	-9.86%	4.77%	-1.57%
Free Cash Flow	5.21	6.35	-3.49	-54.39	-82.91	-39.62
Free Cash Flow Per Share	0.04	0.05	-0.03	-0.39	-0.59	-0.34
Dividend Per Share	0.429	0.429	0.286	0.290	0.338	0.290
Dividend Growth	50.02%	50.02%	-1.35%	-14.27%	16.64%	-
Gross Margin	41.21%	41.34%	41.03%	41.25%	45.14%	46.96%
Operating Margin	11.89%	12.61%	14.42%	13.87%	17.55%	20.64%
Profit Margin	11.60%	12.26%	14.17%	14.35%	18.55%	18.34%
Free Cash Flow Margin	0.81%	0.95%	-0.53%	-9.64%	-17.13%	-10.41%
EBITDA	94.87	101.67	109.03	88.08	91.04	82.44
EBITDA Margin	14.82%	15.31%	16.64%	15.61%	18.81%	21.65%
D&A For EBITDA	18.73	17.9	14.55	9.84	6.1	3.84
EBIT	76.14	83.77	94.48	78.24	84.94	78.6
EBIT Margin	11.89%	12.61%	14.42%	13.87%	17.55%	20.64%
Effective Tax Rate	9.78%	9.70%	8.47%	7.84%	10.21%	13.38%
Revenue as Reported	640.32	664.09	655.2	564.15	484.03	380.78

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