Suzhou Future Electrical Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	531.62	534.55	486.26	543.37	460.36	445.29
Other Revenue	10.91	10.91	19.33	14.46	17.44	13.6
Revenue	542.53	545.47	505.59	557.84	477.79	458.88
Revenue Growth (YoY)	7.10%	7.89%	-9.37%	16.75%	4.12%	-0.56%
Cost of Revenue	401.65	399.35	373.05	403.46	341.48	318
Gross Profit	140.88	146.12	132.54	154.37	136.32	140.88
Selling, General & Admin	38.88	38.79	38.25	41.55	31.17	31.3
Research & Development	21.7	22.2	22.56	21.62	20.4	18.84
Other Operating Expenses	0.68	-1.18	1.33	-1.22	0.9	-0.98
Operating Expenses	61.17	59.98	62	63.75	52.7	49.67
Operating Income	79.71	86.14	70.53	90.62	83.62	91.2
Interest Expense	-0.03	-0.01	-0.01	-0.01	-0.1	-0.45
Interest & Investment Income	10.54	11.06	14.82	19.07	3.63	1.9
Currency Exchange Gain (Loss)	-0.39	-0.39	0.18	0.16	0.16	-0.07
Other Non Operating Income (Expenses)	-0.52	-0.24	-0.16	-0.21	-0.06	-0.09
EBT Excluding Unusual Items	89.31	96.55	85.36	109.63	87.26	92.49
Gain (Loss) on Sale of Investments	13.12	12.04	10.59	2.48	0.1	-
Gain (Loss) on Sale of Assets	-0.07	-	-0.41	-0.25	-0.2	-0.09
Asset Writedown	0.11	-0.01	-0.21	-0.59	-0	-0.23
Other Unusual Items	1.98	1.7	6.83	3.97	2.85	2.68
Pretax Income	104.45	110.28	102.16	115.25	90	94.86
Income Tax Expense	12.96	13.8	12.06	14.45	9.47	12.44
Earnings From Continuing Operations	91.49	96.48	90.1	100.79	80.54	82.42
Minority Interest in Earnings	0.27	0.04	-	-	-	-
Net Income	91.76	96.53	90.1	100.79	80.54	82.42
Net Income to Common	91.76	96.53	90.1	100.79	80.54	82.42
Net Income Growth	1.57%	7.13%	-10.60%	25.15%	-2.28%	-15.05%
Shares Outstanding (Basic)	140	140	140	131	105	105
Shares Outstanding (Diluted)	140	140	140	131	105	105
Shares Change (YoY)	0.13%	0.13%	6.61%	24.99%	0.01%	2.80%
EPS (Basic)	0.66	0.69	0.64	0.77	0.77	0.79
EPS (Diluted)	0.66	0.69	0.64	0.77	0.77	0.79
EPS Growth	1.44%	6.99%	-16.15%	0.13%	-2.29%	-17.37%
Free Cash Flow	77.24	150.2	48.22	116.55	85.26	125.62
Free Cash Flow Per Share	0.55	1.07	0.34	0.89	0.81	1.20
Dividend Per Share	0.500	0.500	0.500	1.300	0.400	-
Dividend Growth	-	-	-61.54%	225.00%	-	-
Gross Margin	25.97%	26.79%	26.21%	27.67%	28.53%	30.70%
Operating Margin	14.69%	15.79%	13.95%	16.25%	17.50%	19.88%
Profit Margin	16.91%	17.70%	17.82%	18.07%	16.86%	17.96%
Free Cash Flow Margin	14.24%	27.54%	9.54%	20.89%	17.84%	27.38%
EBITDA	98.02	104.88	91.01	110.77	102.65	110.63
EBITDA Margin	18.07%	19.23%	18.00%	19.86%	21.48%	24.11%
D&A For EBITDA	18.31	18.74	20.48	20.15	19.03	19.42
EBIT	79.71	86.14	70.53	90.62	83.62	91.2
EBIT Margin	14.69%	15.79%	13.95%	16.25%	17.50%	19.88%
Effective Tax Rate	12.41%	12.51%	11.80%	12.54%	10.52%	13.11%
Revenue as Reported	542.53	545.47	505.59	557.84	477.79	458.88
Advertising Expenses	-	0.1	0.65	0.17	0.06	0.08

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