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	542.53	545.47	486.26	543.37	460.36	445.29
Other Revenue	-	-	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	395.11	392.81	373.05	403.46	341.48	318
Gross Profit	147.42	152.66	132.54	154.37	136.32	140.88
Selling, General & Admin	39.62	39.53	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	-1.63	-3.22	1.33	-1.22	0.9	-0.98
Operating Expenses	59.69	58.52	62	63.75	52.7	49.67
Operating Income	87.73	94.14	70.53	90.62	83.62	91.2
Interest Expense	-	-	-0.01	-0.01	-0.1	-0.45
Interest & Investment Income	8.89	9.04	14.82	19.07	3.63	1.9
Currency Exchange Gain (Loss)	-	-	0.18	0.16	0.16	-0.07
Other Non Operating Income (Expenses)	0.19	0.66	-0.16	-0.21	-0.06	-0.09
EBT Excluding Unusual Items	96.81	103.84	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	-	-	-0.41	-0.25	-0.2	-0.09
Asset Writedown	-5.48	-5.6	-0.21	-0.59	-0	-0.23
Other Unusual Items	-	-	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	1.300	0.400	-
Dividend Growth	-	-	-61.54%	225.00%	-	-
Gross Margin	27.17%	27.99%	26.21%	27.67%	28.53%	30.70%
Operating Margin	16.17%	17.26%	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	107.87	114.03	89.39	110.77	102.65	110.63
EBITDA Margin	19.88%	20.91%	17.68%	19.86%	21.48%	24.11%
D&A For EBITDA	20.14	19.89	18.86	20.15	19.03	19.42
EBIT	87.73	94.14	70.53	90.62	83.62	91.2
EBIT Margin	16.17%	17.26%	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	-	-	505.59	557.84	477.79	458.88
Advertising Expenses	-	-	0.65	0.17	0.06	0.08

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