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	640.32	664.09	642.86	558.79	483.83	380.51
Other Revenue	-	-	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	375.18	388.3	374.26	331.44	265.54	201.99
Gross Profit	265.14	275.8	280.94	232.71	218.49	178.8
Selling, General & Admin	131.79	130.05	131.75	103.76	90.87	70.94
Research & Development	54.5	57	56.89	46.75	38.07	24.83
Other Operating Expenses	-20.49	-20.71	-13.33	-15.94	-10.43	-8.44
Operating Expenses	165.79	166.35	186.36	154.47	133.55	100.2
Operating Income	99.35	109.45	94.59	78.24	84.94	78.6
Interest Expense	-	-	-0.06	-1.2	-0.49	-1.13
Interest & Investment Income	0.07	0.19	2.05	5.17	9.7	1.74
Other Non Operating Income (Expenses)	-16.09	-18.27	0.21	-1.52	-0.28	-0.88
EBT Excluding Unusual Items	83.33	91.36	96.79	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	-2.26	-2.55	-0	-	-0	-0.02
Other Unusual Items	-	-	2.91	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)	100	99	100	101	101	82
Shares Outstanding (Diluted)	100	99	100	101	101	82
Shares Change (YoY)	-2.32%	-0.97%	-0.38%	0.03%	22.73%	9.04%
EPS (Basic)	0.75	0.82	0.93	0.80	0.89	0.85
EPS (Diluted)	0.75	0.82	0.93	0.80	0.89	0.85
EPS Growth	-19.05%	-11.42%	15.12%	-9.84%	4.76%	-1.56%
Free Cash Flow	5.21	6.35	-3.49	-54.39	-82.91	-39.62
Free Cash Flow Per Share	0.05	0.06	-0.04	-0.54	-0.82	-0.48
Dividend Per Share	-	-	0.270	0.405	0.473	0.405
Dividend Growth	-	-	-33.32%	-14.29%	16.68%	-
Gross Margin	41.41%	41.53%	42.88%	41.25%	45.14%	46.96%
Operating Margin	15.52%	16.48%	14.44%	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	118.08	127.35	109.13	88.08	91.04	82.44
EBITDA Margin	18.44%	19.18%	16.66%	15.61%	18.81%	21.65%
D&A For EBITDA	18.73	17.9	14.55	9.84	6.1	3.84
EBIT	99.35	109.45	94.59	78.24	84.94	78.6
EBIT Margin	15.52%	16.48%	14.44%	13.87%	17.55%	20.64%
Effective Tax Rate	9.78%	9.70%	8.47%	7.84%	10.21%	13.38%
Revenue as Reported	-	-	655.2	564.15	484.03	380.78

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