Suwen Electric Energy Technology Co.,Ltd. (SHE:300982)

SHE:300982 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,714	1,933	2,693	2,356	1,855	1,368
Other Revenue	0.91	0.91	0.89	0.92	0.9	0.92
Revenue	1,715	1,934	2,694	2,357	1,856	1,369
Revenue Growth (YoY)	-16.76%	-28.22%	14.30%	27.01%	35.59%	38.20%
Cost of Revenue	1,488	1,647	2,174	1,729	1,325	961.31
Gross Profit	227.04	286.98	520.65	627.81	530.98	407.52
Selling, General & Admin	164.97	162.09	170.58	168.47	110.11	81.97
Research & Development	34.76	70.89	98.02	84.56	64.86	47.67
Other Operating Expenses	8.77	5.37	3.71	9.46	1.87	8.42
Operating Expenses	195.33	229.15	407.69	349.15	203.87	158.06
Operating Income	31.71	57.83	112.95	278.66	327.12	249.45
Interest Expense	-1.18	-3.53	-5.12	-2.7	-1.25	-0.38
Interest & Investment Income	18.7	30.7	21.68	15.06	10.23	3.23
Currency Exchange Gain (Loss)	0.02	-0.12	-0.07	-	-	-
Other Non Operating Income (Expenses)	-8.03	-4.07	-8.17	-2.49	-5.03	-1.87
EBT Excluding Unusual Items	41.23	80.81	121.28	288.53	331.07	250.42
Gain (Loss) on Sale of Investments	-0.67	2.07	3.17	-	-0.41	-
Gain (Loss) on Sale of Assets	-4.92	-6.94	-1.57	0.01	0.39	0.04
Asset Writedown	-23.6	-19.89	-36.41	-1.57	-0	-0.65
Legal Settlements	-3.4	-3.4	-2.57	-	-	-
Other Unusual Items	12.96	12.96	4.62	5.67	19.68	27.34
Pretax Income	21.6	65.61	88.51	292.64	350.72	277.16
Income Tax Expense	10.45	12.5	8.91	37.82	49.54	39.69
Earnings From Continuing Operations	11.14	53.11	79.6	254.82	301.18	237.46
Minority Interest in Earnings	-2.11	-0.16	-1.19	1.04	-0.03	-
Net Income	9.03	52.95	78.4	255.86	301.15	237.46
Net Income to Common	9.03	52.95	78.4	255.86	301.15	237.46
Net Income Growth	-	-32.46%	-69.36%	-15.04%	26.82%	86.53%
Shares Outstanding (Basic)	201	205	206	168	154	126
Shares Outstanding (Diluted)	201	205	206	168	154	126
Shares Change (YoY)	-3.39%	-0.20%	22.30%	8.99%	22.48%	-0.16%
EPS (Basic)	0.05	0.26	0.38	1.52	1.95	1.88
EPS (Diluted)	0.05	0.26	0.38	1.52	1.95	1.88
EPS Growth	-	-32.18%	-75.00%	-22.05%	3.54%	86.83%
Free Cash Flow	180.6	320.67	-277.58	-418.78	-159.03	239.77
Free Cash Flow Per Share	0.90	1.56	-1.35	-2.49	-1.03	1.90
Dividend Per Share	0.600	0.650	0.200	0.292	0.500	0.417
Dividend Growth	71.43%	225.00%	-31.44%	-41.66%	19.99%	-
Gross Margin	13.24%	14.84%	19.32%	26.63%	28.61%	29.77%
Operating Margin	1.85%	2.99%	4.19%	11.82%	17.63%	18.22%
Profit Margin	0.53%	2.74%	2.91%	10.85%	16.23%	17.35%
Free Cash Flow Margin	10.53%	16.58%	-10.30%	-17.77%	-8.57%	17.52%
EBITDA	79.17	93.67	133.31	294.08	339.12	260.58
EBITDA Margin	4.62%	4.84%	4.95%	12.48%	18.27%	19.04%
D&A For EBITDA	47.46	35.85	20.36	15.43	12.01	11.12
EBIT	31.71	57.83	112.95	278.66	327.12	249.45
EBIT Margin	1.85%	2.99%	4.19%	11.82%	17.63%	18.22%
Effective Tax Rate	48.40%	19.05%	10.07%	12.92%	14.13%	14.32%
Revenue as Reported	1,715	1,934	2,694	2,357	1,856	1,369
Advertising Expenses	-	2.27	0.96	0.82	2.94	0.55

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