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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Revenue	644.54	554.61	427.39	508.2	548.52	353.45
Revenue Growth (YoY)	26.99%	29.77%	-15.90%	-7.35%	55.19%	25.30%
Cost of Revenue	449.21	412.59	273.51	289.13	324.24	173.09
Gross Profit	195.33	142.01	153.87	219.06	224.28	180.36
Selling, General & Admin	61.08	60.09	60.39	60.22	50.44	43.95
Research & Development	67.39	53.63	54.26	48.27	45.82	25.38
Other Operating Expenses	3	-0.51	-1.27	4.15	-0.08	-1.16
Operating Expenses	135.36	117.11	107.43	116.32	100.61	66.77
Operating Income	59.96	24.9	46.45	102.74	123.67	113.59
Interest Expense	-0.47	-0.45	-0.6	-0.67	-0.81	-1.09
Interest & Investment Income	4.69	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)	-3.11	-0.19	-0.3	4.83	-0.13	-0.21
EBT Excluding Unusual Items	64.62	34.5	58.07	121.99	122.88	108.33
Gain (Loss) on Sale of Investments	19.7	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	-2.48	-0.05	-	-0.08	-	-
Other Unusual Items	7.09	6.41	5.6	13.1	3.9	0.17
Pretax Income	89.01	60.1	78.64	131.43	126.77	108.64
Income Tax Expense	5.83	0.76	5.92	14.71	11.92	15.34
Earnings From Continuing Operations	83.18	59.34	72.72	116.72	114.86	93.3
Minority Interest in Earnings	1.88	0.15	-0.16	-0.02	0.09	-0.21
Net Income	85.06	59.49	72.57	116.7	114.95	93.09
Net Income to Common	85.06	59.49	72.57	116.7	114.95	93.09
Net Income Growth	36.95%	-18.02%	-37.82%	1.53%	23.48%	37.92%
Shares Outstanding (Basic)	149	122	123	103	90	90
Shares Outstanding (Diluted)	149	122	123	103	90	90
Shares Change (YoY)	55.06%	-0.09%	19.35%	13.68%	0.09%	-
EPS (Basic)	0.57	0.49	0.59	1.14	1.27	1.03
EPS (Diluted)	0.57	0.49	0.59	1.14	1.27	1.03
EPS Growth	-11.68%	-17.94%	-47.90%	-10.69%	23.43%	-
Free Cash Flow	19.42	11.64	112.51	80.48	-0.27	109.67
Free Cash Flow Per Share	0.13	0.10	0.92	0.78	-0.00	1.22
Dividend Per Share	0.286	0.286	0.255	0.340	-	-
Dividend Growth	12.00%	12.00%	-24.99%	-	-	-
Gross Margin	30.30%	25.61%	36.00%	43.11%	40.89%	51.03%
Operating Margin	9.30%	4.49%	10.87%	20.22%	22.55%	32.14%
Profit Margin	13.20%	10.73%	16.98%	22.96%	20.96%	26.34%
Free Cash Flow Margin	3.01%	2.10%	26.32%	15.84%	-0.05%	31.03%
EBITDA	66.66	31.79	53.59	108.66	129.16	119.17
EBITDA Margin	10.34%	5.73%	12.54%	21.38%	23.55%	33.72%
D&A For EBITDA	6.69	6.88	7.14	5.92	5.48	5.57
EBIT	59.96	24.9	46.45	102.74	123.67	113.59
EBIT Margin	9.30%	4.49%	10.87%	20.22%	22.55%	32.14%
Effective Tax Rate	6.55%	1.26%	7.52%	11.19%	9.40%	14.12%
Revenue as Reported	644.54	554.61	427.39	508.2	548.52	-

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