Wuxi Xinan Technology Co., Ltd. (SHE:301170)

Wuxi Xinan Technology 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	Dec 31, 2021	Dec 31, 2020
Operating Revenue	941.21	938.53	904.27	787.32	661.23	632.58
Other Revenue	127.17	127.17	106.36	87.24	98.08	48.15
Revenue	1,068	1,066	1,011	874.55	759.31	680.73
Revenue Growth (YoY)	3.60%	5.45%	15.56%	15.18%	11.54%	-0.83%
Cost of Revenue	872.99	870.43	814.56	687.96	597.33	473.42
Gross Profit	195.38	195.27	196.07	186.59	161.98	207.3
Selling, General & Admin	47.56	49.05	55.03	44.84	53.71	34.23
Research & Development	47.95	48.8	44.84	37.2	30.26	28.25
Other Operating Expenses	8.37	5.02	4.62	6.43	4.99	6.13
Operating Expenses	106.03	104.7	104.63	92.72	90.05	68.62
Operating Income	89.34	90.57	91.44	93.87	71.93	138.68
Interest Expense	-0.02	-0.02	-1.88	-3.88	-3.48	-3.48
Interest & Investment Income	6.47	7.89	4.51	0.84	0.73	1.09
Currency Exchange Gain (Loss)	6.66	6.66	4.54	10.59	-2.43	-4.08
Other Non Operating Income (Expenses)	1.78	-0.19	0.01	0.05	-0.16	-0.37
EBT Excluding Unusual Items	104.23	104.9	98.61	101.48	66.59	131.84
Gain (Loss) on Sale of Investments	9.74	10.16	0.19	-4.15	-1.47	1.91
Gain (Loss) on Sale of Assets	0.01	0.01	-0.31	-0.02	14.24	-0.03
Asset Writedown	-1.61	-0.78	-0.26	-	-1.67	-0
Other Unusual Items	6.62	6.64	3.93	2.17	11.84	0.84
Pretax Income	118.99	120.94	102.17	99.48	89.53	134.56
Income Tax Expense	11.35	11.22	9.01	7.85	9.47	17.43
Net Income	107.63	109.72	93.16	91.63	80.07	117.13
Net Income to Common	107.63	109.72	93.16	91.63	80.07	117.13
Net Income Growth	7.09%	17.77%	1.67%	14.44%	-31.64%	0.17%
Shares Outstanding (Basic)	100	100	87	75	75	75
Shares Outstanding (Diluted)	100	100	87	75	75	75
Shares Change (YoY)	6.71%	14.34%	16.66%	0.01%	-0.03%	399.91%
EPS (Basic)	1.08	1.10	1.06	1.22	1.07	1.56
EPS (Diluted)	1.08	1.10	1.06	1.22	1.07	1.56
EPS Growth	0.36%	3.00%	-12.85%	14.42%	-31.63%	-79.96%
Free Cash Flow	32.73	48.22	8.18	-31.77	-26.1	33.75
Free Cash Flow Per Share	0.33	0.48	0.09	-0.42	-0.35	0.45
Dividend Per Share	0.300	0.300	0.250	-	-	-
Dividend Growth	20.00%	20.00%	-	-	-	-
Gross Margin	18.29%	18.32%	19.40%	21.34%	21.33%	30.45%
Operating Margin	8.36%	8.50%	9.05%	10.73%	9.47%	20.37%
Profit Margin	10.07%	10.29%	9.22%	10.48%	10.54%	17.21%
Free Cash Flow Margin	3.06%	4.52%	0.81%	-3.63%	-3.44%	4.96%
EBITDA	142.06	142.74	141.48	138.99	115.49	174.49
EBITDA Margin	13.30%	13.39%	14.00%	15.89%	15.21%	25.63%
D&A For EBITDA	52.71	52.18	50.04	45.11	43.56	35.81
EBIT	89.34	90.57	91.44	93.87	71.93	138.68
EBIT Margin	8.36%	8.50%	9.05%	10.73%	9.47%	20.37%
Effective Tax Rate	9.54%	9.28%	8.82%	7.89%	10.57%	12.95%
Revenue as Reported	1,068	1,066	1,011	874.55	-	-

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