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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	908.18	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	908.81	825.08	570.06	632.65	564.75	453.62
Revenue Growth (YoY)	19.78%	44.74%	-9.89%	12.02%	24.50%	0.55%
Cost of Revenue	728.65	644.57	441.41	491.52	413.01	313.36
Gross Profit	180.16	180.51	128.65	141.13	151.74	140.26
Selling, General & Admin	54.44	52.62	36.54	34.57	30.37	32.25
Research & Development	45.3	38.9	30.01	31.06	25.47	20.37
Other Operating Expenses	3.78	4.27	3.35	5.7	4.58	3.79
Operating Expenses	104.16	101.74	68.75	72.22	65.79	58.76
Operating Income	76.01	78.77	59.9	68.91	85.95	81.5
Interest Expense	-0.18	-	-0.25	-0.16	-0.52	-0.58
Interest & Investment Income	32.04	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)	-5.25	-0.54	-0.24	-0.09	0.04	-0.16
EBT Excluding Unusual Items	105.27	107.19	80.19	91.36	83.42	74.88
Gain (Loss) on Sale of Investments	-0.58	0.19	-1	7.78	-	-
Gain (Loss) on Sale of Assets	-0.36	-0.01	-0.01	-0.18	-0.13	-
Asset Writedown	1.78	-	-	-	-	-0
Other Unusual Items	0.09	0.1	0.79	3.03	5.55	1.5
Pretax Income	106.2	107.47	79.98	101.99	88.84	76.37
Income Tax Expense	10.05	12.01	9.03	11.22	10.28	12.06
Earnings From Continuing Operations	96.15	95.46	70.94	90.77	78.57	64.31
Net Income	96.15	95.46	70.94	90.77	78.57	64.31
Net Income to Common	96.15	95.46	70.94	90.77	78.57	64.31
Net Income Growth	5.45%	34.56%	-21.84%	15.53%	22.16%	-19.50%
Shares Outstanding (Basic)	102	102	102	99	76	76
Shares Outstanding (Diluted)	102	102	102	99	76	76
Shares Change (YoY)	-0.01%	-0.00%	2.17%	30.44%	-0.16%	12.25%
EPS (Basic)	0.95	0.94	0.70	0.91	1.03	0.84
EPS (Diluted)	0.95	0.94	0.70	0.91	1.03	0.84
EPS Growth	5.46%	34.56%	-23.50%	-11.43%	22.36%	-28.28%
Free Cash Flow	-18.86	7.85	-14.28	14.05	4.29	6.15
Free Cash Flow Per Share	-0.19	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	19.82%	21.88%	22.57%	22.31%	26.87%	30.92%
Operating Margin	8.36%	9.55%	10.51%	10.89%	15.22%	17.97%
Profit Margin	10.58%	11.57%	12.45%	14.35%	13.91%	14.18%
Free Cash Flow Margin	-2.08%	0.95%	-2.50%	2.22%	0.76%	1.36%
EBITDA	113.63	112.39	88.17	92.03	104.24	96.35
EBITDA Margin	12.50%	13.62%	15.47%	14.55%	18.46%	21.24%
D&A For EBITDA	37.63	33.62	28.27	23.11	18.29	14.85
EBIT	76.01	78.77	59.9	68.91	85.95	81.5
EBIT Margin	8.36%	9.55%	10.51%	10.89%	15.22%	17.97%
Effective Tax Rate	9.46%	11.18%	11.29%	11.00%	11.57%	15.79%
Revenue as Reported	908.81	825.08	570.06	632.65	564.75	453.62

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.