Yeal Electric Co., Ltd. (SHE:300923)

Yeal Electric 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	450.45	433.88	389.06	401.71	373.82	310
Other Revenue	37.57	37.57	34.54	20.92	34.89	39.15
Revenue	488.02	471.45	423.61	422.63	408.71	349.14
Revenue Growth (YoY)	15.79%	11.29%	0.23%	3.41%	17.06%	-5.86%
Cost of Revenue	368.55	353.73	308.84	302.46	276.92	223.88
Gross Profit	119.47	117.72	114.77	120.17	131.79	125.26
Selling, General & Admin	47.24	48.82	49.43	49.71	52.92	47.54
Research & Development	22.51	22.4	22.63	19.55	16.77	12.05
Other Operating Expenses	3.42	3.11	2.04	4.36	3.08	3.95
Operating Expenses	80.67	78.71	74.3	81.08	80.45	65.4
Operating Income	38.8	39.01	40.47	39.1	51.34	59.87
Interest Expense	-0.21	-0.2	-0.27	-0.39	-0.02	-
Interest & Investment Income	4.91	5.42	10.19	15.24	15.79	4.25
Other Non Operating Income (Expenses)	-0.29	-0.35	-0.43	-0.48	-1.96	-0.72
EBT Excluding Unusual Items	43.2	43.88	49.96	53.48	65.16	63.4
Gain (Loss) on Sale of Investments	0.31	0.31	0.84	1.14	1.37	-
Gain (Loss) on Sale of Assets	0.1	0.19	0.01	-0.18	-0.02	0
Asset Writedown	1.01	-0.01	-0.02	-0.03	-0.06	-0.06
Other Unusual Items	2.42	1.66	1.85	2.11	20.4	4.07
Pretax Income	47.03	46.02	52.63	56.52	86.84	67.41
Income Tax Expense	4.01	3.67	5.62	6.6	11.51	9.56
Earnings From Continuing Operations	43.02	42.35	47.01	49.91	75.33	57.86
Net Income	43.02	42.35	47.01	49.91	75.33	57.86
Net Income to Common	43.02	42.35	47.01	49.91	75.33	57.86
Net Income Growth	-2.64%	-9.93%	-5.81%	-33.74%	30.21%	-3.09%
Shares Outstanding (Basic)	78	78	78	78	78	59
Shares Outstanding (Diluted)	78	78	78	78	78	59
Shares Change (YoY)	-1.53%	0.08%	0.47%	-0.61%	32.92%	-0.13%
EPS (Basic)	0.55	0.54	0.60	0.64	0.96	0.98
EPS (Diluted)	0.55	0.54	0.60	0.64	0.96	0.98
EPS Growth	-1.13%	-10.00%	-6.25%	-33.33%	-2.04%	-2.97%
Free Cash Flow	-10.91	22.79	-143.43	-24.56	-15.82	41.88
Free Cash Flow Per Share	-0.14	0.29	-1.83	-0.32	-0.20	0.71
Dividend Per Share	0.450	0.450	0.450	0.280	0.280	0.180
Dividend Growth	-	-	60.71%	-	55.56%	-
Gross Margin	24.48%	24.97%	27.09%	28.43%	32.25%	35.88%
Operating Margin	7.95%	8.27%	9.55%	9.25%	12.56%	17.15%
Profit Margin	8.82%	8.98%	11.10%	11.81%	18.43%	16.57%
Free Cash Flow Margin	-2.23%	4.83%	-33.86%	-5.81%	-3.87%	12.00%
EBITDA	53.7	53.29	52.27	50.49	61.4	69.42
EBITDA Margin	11.00%	11.30%	12.34%	11.95%	15.02%	19.88%
D&A For EBITDA	14.91	14.29	11.81	11.39	10.06	9.55
EBIT	38.8	39.01	40.47	39.1	51.34	59.87
EBIT Margin	7.95%	8.27%	9.55%	9.25%	12.56%	17.15%
Effective Tax Rate	8.54%	7.98%	10.67%	11.68%	13.25%	14.17%
Revenue as Reported	488.02	471.45	423.61	422.63	408.71	349.14
Advertising Expenses	-	0.49	0.5	0.12	0.38	2.68

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