SUZHOU INOVANCE AU - Financials

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021
+Revenue	16.2B	9.4B	5.0B	2.9B
Revenue Growth %	72.7%	86.3%	73.2%	--
Total Revenue	16.2B	9.4B	5.0B	2.9B
Cost Of Revenue	13.5B	7.9B	4.4B	2.6B
+Gross Profit	2.7B	1.4B	671.0M	336.0M
Gross Margin %	16.6%	15.2%	13.3%	11.6%
Total Operating Cost	15.4B	9.3B	5.3B	3.2B
Selling Expenses	96.7M	79.4M	58.4M	48.6M
Admin Expenses	368.0M	249.0M	163.0M	122.0M
Rd Expenses	908.0M	626.0M	572.0M	392.0M
Finance Expenses	14.2M	-6.9M	8.5M	-8.5M
+Operating Income	990.0M	127.0M	-286.0M	-287.0M
Operating Margin %	6.1%	1.4%	-5.7%	-9.9%
Non Operating Income	2.6M	2.7M	6.7M	1.1M
Non Operating Expenses	20.6M	7.4M	696,500	2.4M
Investment Income	42.4M	10.7M	-1.3M	550,500
Fair Value Change Income	6,100	6.7M	-5.3M	101,300
Asset Disposal Income	-3.0M	-417,800	-224,900	64,600
Asset Impairment Loss	315.0M	160.0M	47.5M	16.7M
Other Income	125.0M	88.3M	28.3M	1.6M
Income Before Tax	972.0M	122.0M	-280.0M	-288.0M
Income Tax	36.0M	-63.6M	-100.0M	-38.6M
+Net Income	936.0M	186.0M	-180.0M	-250.0M
Net Margin %	5.8%	2.0%	-3.6%	-8.6%
Net Income Attributable	936.0M	186.0M	-179.0M	-250.0M
Minority Interest	--	--	-1.2M	-17,400
Eps Basic	0.44	0.09	--	--
Eps Diluted	0.44	0.09	--	--

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021
Cash And Equivalents	1.8B	1.4B	1.1B	387.0M
Trading Financial Assets	1.4B	71.6M	781.0M	30.1M
Accounts Receivable	5.7B	3.6B	1.9B	1.4B
Notes Receivable	337.0M	878.0M	928.0M	821.0M
Notes And Accounts Receivable	6.0B	4.5B	2.8B	2.2B
Prepayments	38.4M	145.0M	168.0M	125.0M
Inventory	3.0B	2.4B	1.9B	891.0M
Total Current Assets	13.3B	9.0B	6.9B	3.7B
Long Term Equity Investment	51.4M	27.0M	48.6M	--
Fixed Assets	--	1.9B	899.0M	366.0M
Fixed Assets Total	2.7B	1.9B	899.0M	366.0M
Construction In Progress	--	384.0M	449.0M	141.0M
Construction In Progress Total	316.0M	397.0M	457.0M	141.0M
Intangible Assets	162.0M	133.0M	118.0M	53.8M
Long Term Deferred Expenses	31.0M	11.1M	5.6M	--
Total Non Current Assets	4.8B	3.3B	2.2B	908.0M
Total Assets	18.1B	12.3B	9.1B	4.6B
Short Term Borrowings	--	--	274.0M	--
Accounts Payable	6.2B	3.5B	2.5B	1.4B
Contract Liabilities	292.0M	150.0M	218.0M	105.0M
Total Current Liabilities	11.6B	7.8B	5.7B	3.1B
Long Term Borrowings	874.0M	216.0M	--	--
Total Non Current Liabilities	1.6B	590.0M	258.0M	196.0M
Total Liabilities	13.2B	8.4B	5.9B	3.2B
Paid In Capital	2.1B	2.1B	2.0B	1.1B
Capital Reserve	1.4B	1.4B	1.6B	515.0M
Surplus Reserve	98.0M	--	--	--
Retained Earnings	1.2B	369.0M	-429.0M	-250.0M
Minority Equity	--	--	--	-17,400
Equity Attributable	4.8B	3.9B	3.2B	1.4B
Total Equity	4.8B	3.9B	3.2B	1.4B

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021
Cash From Sales	11.7B	4.6B	2.6B	1.1B
Tax Refunds Received	68.7M	105.0M	24.3M	974,400
Total Operating Cash Inflow	12.1B	4.9B	2.7B	1.3B
Cash Paid For Goods	7.1B	3.5B	1.9B	1.2B
Cash Paid To Employees	1.7B	1.2B	692.0M	371.0M
Taxes Paid	135.0M	51.5M	40.0M	2.8M
Total Operating Cash Outflow	9.4B	5.0B	2.8B	1.8B
Operating Cash Flow	2.7B	-97.0M	-137.0M	-491.0M
Total Investing Cash Inflow	8.8B	2.1B	31.7M	37.7M
Total Investing Cash Outflow	11.8B	2.2B	1.3B	322.0M
Investing Cash Flow	-3.0B	-31.2M	-1.3B	-284.0M
Cash From Borrowings	1.2B	416.0M	104.0M	--
Dividends And Interest Paid	18.5M	14.3M	449,400	--
Debt Repayments	530.0M	270.0M	15.0M	--
Total Financing Cash Inflow	1.3B	912.0M	2.0B	900.0M
Total Financing Cash Outflow	674.0M	307.0M	32.2M	8.8M
Financing Cash Flow	654.0M	606.0M	2.0B	891.0M
Net Change In Cash	331.0M	473.0M	593.0M	116.0M
Ending Cash Balance	1.7B	1.4B	884.0M	291.0M
Capex	1.4B	624.0M	501.0M	212.0M