Shenzhen iN-Cube Automation Co., Ltd. (SHE:301312)

SHE:301312 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
Revenue	634.37	554.61	427.39	508.2	548.52	353.45
Revenue Growth (YoY)	71.70%	29.77%	-15.90%	-7.35%	55.19%	25.30%
Cost of Revenue	462.96	412.59	273.51	289.13	324.24	173.09
Gross Profit	171.42	142.01	153.87	219.06	224.28	180.36
Selling, General & Admin	56.42	60.09	60.39	60.22	50.44	43.95
Research & Development	55.5	53.63	54.26	48.27	45.82	25.38
Other Operating Expenses	-3.64	-0.51	-1.27	4.15	-0.08	-1.16
Operating Expenses	114.49	117.11	107.43	116.32	100.61	66.77
Operating Income	56.93	24.9	46.45	102.74	123.67	113.59
Interest Expense	-0.42	-0.45	-0.6	-0.67	-0.81	-1.09
Interest & Investment Income	5.35	6.68	9.99	7.88	1.23	1.07
Currency Exchange Gain (Loss)	3.55	3.55	2.53	7.21	-1.08	-5.04
Other Non Operating Income (Expenses)	-0.47	-0.19	-0.3	4.83	-0.13	-0.21
EBT Excluding Unusual Items	64.95	34.5	58.07	121.99	122.88	108.33
Gain (Loss) on Sale of Investments	20.07	19.24	14.87	-3.55	-0.01	-
Gain (Loss) on Sale of Assets	0.09	0	0.1	-0.02	-	0.14
Asset Writedown	2.44	-0.05	-	-0.08	-	-
Other Unusual Items	6.42	6.41	5.6	13.1	3.9	0.17
Pretax Income	93.95	60.1	78.64	131.43	126.77	108.64
Income Tax Expense	4.43	0.76	5.92	14.71	11.92	15.34
Earnings From Continuing Operations	89.52	59.34	72.72	116.72	114.86	93.3
Minority Interest in Earnings	1.28	0.15	-0.16	-0.02	0.09	-0.21
Net Income	90.8	59.49	72.57	116.7	114.95	93.09
Net Income to Common	90.8	59.49	72.57	116.7	114.95	93.09
Net Income Growth	142.53%	-18.02%	-37.82%	1.53%	23.48%	37.92%
Shares Outstanding (Basic)	130	122	88	103	90	90
Shares Outstanding (Diluted)	131	122	88	103	90	90
Shares Change (YoY)	65.24%	39.86%	-14.74%	13.68%	0.09%	-
EPS (Basic)	0.70	0.49	0.83	1.14	1.27	1.03
EPS (Diluted)	0.69	0.49	0.83	1.14	1.27	1.03
EPS Growth	46.77%	-41.38%	-27.07%	-10.69%	23.43%	-
Free Cash Flow	-15.13	11.64	112.51	80.48	-0.27	109.67
Free Cash Flow Per Share	-0.12	0.10	1.28	0.78	-0.00	1.22
Dividend Per Share	0.286	0.286	0.357	0.340	-	-
Dividend Growth	-19.99%	-19.99%	5.00%	-	-	-
Gross Margin	27.02%	25.61%	36.00%	43.11%	40.89%	51.03%
Operating Margin	8.97%	4.49%	10.87%	20.22%	22.55%	32.14%
Profit Margin	14.31%	10.73%	16.98%	22.96%	20.96%	26.34%
Free Cash Flow Margin	-2.39%	2.10%	26.32%	15.84%	-0.05%	31.03%
EBITDA	63.75	31.79	53.59	108.66	129.16	119.17
EBITDA Margin	10.05%	5.73%	12.54%	21.38%	23.55%	33.72%
D&A For EBITDA	6.82	6.88	7.14	5.92	5.48	5.57
EBIT	56.93	24.9	46.45	102.74	123.67	113.59
EBIT Margin	8.97%	4.49%	10.87%	20.22%	22.55%	32.14%
Effective Tax Rate	4.72%	1.26%	7.52%	11.19%	9.40%	14.12%
Revenue as Reported	634.37	554.61	427.39	508.2	548.52	-

Updated Oct 25, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.