Jiangsu Smartwin Electronics Technology Co.,Ltd. (SHE:301106)

SHE:301106 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	856.43	824.44	569.34	631.8	563.34	451.55
Other Revenue	0.63	0.63	0.72	0.85	1.42	2.07
Revenue	857.07	825.08	570.06	632.65	564.75	453.62
Revenue Growth (YoY)	39.26%	44.74%	-9.89%	12.02%	24.50%	0.55%
Cost of Revenue	674.71	644.57	441.41	491.52	413.01	313.36
Gross Profit	182.35	180.51	128.65	141.13	151.74	140.26
Selling, General & Admin	54.64	52.62	36.54	34.57	30.37	32.25
Research & Development	41.19	38.9	30.01	31.06	25.47	20.37
Other Operating Expenses	2.83	4.27	3.35	5.7	4.58	3.79
Operating Expenses	101.13	101.74	68.75	72.22	65.79	58.76
Operating Income	81.23	78.77	59.9	68.91	85.95	81.5
Interest Expense	-	-	-0.25	-0.16	-0.52	-0.58
Interest & Investment Income	28.06	26.3	15.1	10.71	0.37	0.86
Currency Exchange Gain (Loss)	2.65	2.65	5.68	11.99	-2.43	-6.74
Other Non Operating Income (Expenses)	-1.35	-0.54	-0.24	-0.09	0.04	-0.16
EBT Excluding Unusual Items	110.59	107.19	80.19	91.36	83.42	74.88
Gain (Loss) on Sale of Investments	1.04	0.19	-1	7.78	-	-
Gain (Loss) on Sale of Assets	-0.01	-0.01	-0.01	-0.18	-0.13	-
Asset Writedown	-0.66	-	-	-	-	-0
Other Unusual Items	0.1	0.1	0.79	3.03	5.55	1.5
Pretax Income	111.06	107.47	79.98	101.99	88.84	76.37
Income Tax Expense	12.29	12.01	9.03	11.22	10.28	12.06
Earnings From Continuing Operations	98.77	95.46	70.94	90.77	78.57	64.31
Net Income	98.77	95.46	70.94	90.77	78.57	64.31
Net Income to Common	98.77	95.46	70.94	90.77	78.57	64.31
Net Income Growth	22.07%	34.56%	-21.84%	15.53%	22.16%	-19.50%
Shares Outstanding (Basic)	109	102	102	99	76	76
Shares Outstanding (Diluted)	109	102	102	99	76	76
Shares Change (YoY)	15.38%	-0.00%	2.17%	30.44%	-0.16%	12.25%
EPS (Basic)	0.91	0.94	0.70	0.91	1.03	0.84
EPS (Diluted)	0.91	0.94	0.70	0.91	1.03	0.84
EPS Growth	5.80%	34.56%	-23.50%	-11.43%	22.36%	-28.28%
Free Cash Flow	55.41	7.85	-14.28	14.05	4.29	6.15
Free Cash Flow Per Share	0.51	0.08	-0.14	0.14	0.06	0.08
Dividend Per Share	0.400	0.400	0.400	0.429	0.214	-
Dividend Growth	-	-	-6.67%	100.00%	-	-
Gross Margin	21.28%	21.88%	22.57%	22.31%	26.87%	30.92%
Operating Margin	9.48%	9.55%	10.51%	10.89%	15.22%	17.97%
Profit Margin	11.52%	11.57%	12.45%	14.35%	13.91%	14.18%
Free Cash Flow Margin	6.46%	0.95%	-2.50%	2.22%	0.76%	1.36%
EBITDA	116.18	112.39	88.17	92.03	104.24	96.35
EBITDA Margin	13.56%	13.62%	15.47%	14.55%	18.46%	21.24%
D&A For EBITDA	34.95	33.62	28.27	23.11	18.29	14.85
EBIT	81.23	78.77	59.9	68.91	85.95	81.5
EBIT Margin	9.48%	9.55%	10.51%	10.89%	15.22%	17.97%
Effective Tax Rate	11.06%	11.18%	11.29%	11.00%	11.57%	15.79%
Revenue as Reported	857.07	825.08	570.06	632.65	564.75	453.62

Updated Oct 24, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.