Suzhou Future Electrical Co., Ltd. (SHE:301386)

Suzhou Future Electrical 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	516.36	486.26	543.37	460.36	445.29	452.53
Other Revenue	19.33	19.33	14.46	17.44	13.6	8.91
Revenue	535.69	505.59	557.84	477.79	458.88	461.44
Revenue Growth (YoY)	4.29%	-9.37%	16.75%	4.12%	-0.56%	31.40%
Cost of Revenue	391.91	373.05	403.46	341.48	318	277.08
Gross Profit	143.77	132.54	154.37	136.32	140.88	184.36
Selling, General & Admin	37.62	38.25	41.55	31.17	31.3	43.21
Research & Development	21.96	22.56	21.62	20.4	18.84	17
Other Operating Expenses	-0.61	1.33	-1.22	0.9	-0.98	1.89
Operating Expenses	59.02	62	63.75	52.7	49.67	69.71
Operating Income	84.75	70.53	90.62	83.62	91.2	114.64
Interest Expense	-0.01	-0.01	-0.01	-0.1	-0.45	-0.8
Interest & Investment Income	8.7	14.82	19.07	3.63	1.9	0.14
Currency Exchange Gain (Loss)	0.18	0.18	0.16	0.16	-0.07	-0.1
Other Non Operating Income (Expenses)	-4.68	-0.16	-0.21	-0.06	-0.09	-0.02
EBT Excluding Unusual Items	88.94	85.36	109.63	87.26	92.49	113.85
Gain (Loss) on Sale of Investments	13.08	10.59	2.48	0.1	-	-
Gain (Loss) on Sale of Assets	-	-0.41	-0.25	-0.2	-0.09	-1.51
Asset Writedown	1.75	-0.21	-0.59	-0	-0.23	-0.8
Other Unusual Items	6.83	6.83	3.97	2.85	2.68	2.67
Pretax Income	110.6	102.16	115.25	90	94.86	114.22
Income Tax Expense	13.66	12.06	14.45	9.47	12.44	17.2
Net Income	96.94	90.1	100.79	80.54	82.42	97.02
Net Income to Common	96.94	90.1	100.79	80.54	82.42	97.02
Net Income Growth	5.87%	-10.60%	25.15%	-2.28%	-15.05%	59.13%
Shares Outstanding (Basic)	140	140	131	105	105	102
Shares Outstanding (Diluted)	140	140	131	105	105	102
Shares Change (YoY)	-0.07%	6.61%	24.99%	0.01%	2.80%	0.50%
EPS (Basic)	0.69	0.64	0.77	0.77	0.79	0.95
EPS (Diluted)	0.69	0.64	0.77	0.77	0.79	0.95
EPS Growth	5.95%	-16.15%	0.13%	-2.29%	-17.37%	58.33%
Free Cash Flow	119.65	48.22	116.55	85.26	125.62	7.56
Free Cash Flow Per Share	0.85	0.34	0.89	0.81	1.20	0.07
Dividend Per Share	0.500	0.500	1.300	0.400	-	0.150
Dividend Growth	-37.50%	-61.54%	225.00%	-	-	-
Gross Margin	26.84%	26.21%	27.67%	28.53%	30.70%	39.95%
Operating Margin	15.82%	13.95%	16.25%	17.50%	19.88%	24.84%
Profit Margin	18.10%	17.82%	18.07%	16.86%	17.96%	21.03%
Free Cash Flow Margin	22.34%	9.54%	20.89%	17.84%	27.38%	1.64%
EBITDA	102.64	89.39	110.77	102.65	110.63	129.48
EBITDA Margin	19.16%	17.68%	19.86%	21.48%	24.11%	28.06%
D&A For EBITDA	17.89	18.86	20.15	19.03	19.42	14.83
EBIT	84.75	70.53	90.62	83.62	91.2	114.64
EBIT Margin	15.82%	13.95%	16.25%	17.50%	19.88%	24.84%
Effective Tax Rate	12.35%	11.80%	12.54%	10.52%	13.11%	15.05%
Revenue as Reported	535.69	505.59	557.84	477.79	458.88	461.44
Advertising Expenses	-	0.65	0.17	0.06	0.08	0.14

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