SANAN OPTOELECTRONICS CO. LTD.

SANAN OPTOELECTRONICS CO. LTD. — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
+Revenue	16.1B	14.1B	13.2B	12.6B	8.5B	7.5B	8.4B	8.4B	6.3B	4.9B	4.6B	3.7B	3.4B	1.7B	863.0M	470.0M	213.0M	843,200	1.5M	47.3M
Revenue Growth %	14.6%	6.3%	5.2%	48.7%	13.3%	-10.8%	-0.4%	33.8%	29.1%	6.1%	22.7%	11.0%	92.5%	102.4%	83.6%	120.7%	25160.9%	-45.5%	-96.7%	--
Total Revenue	16.1B	14.1B	13.2B	12.6B	8.5B	7.5B	8.4B	8.4B	6.3B	4.9B	4.6B	3.7B	3.4B	1.7B	863.0M	470.0M	213.0M	843,200	1.5M	47.3M
Cost Of Revenue	14.2B	12.6B	10.9B	9.8B	6.4B	5.3B	4.6B	4.3B	3.7B	2.6B	2.5B	2.4B	2.5B	1.0B	454.0M	273.0M	125.0M	314,700	1.5M	57.1M
+Gross Profit	1.9B	1.4B	2.4B	2.8B	2.0B	2.2B	3.7B	4.1B	2.6B	2.2B	2.1B	1.4B	900.0M	739.0M	409.0M	197.0M	88.0M	528,500	-2,400	-9.8M
Gross Margin %	11.9%	10.2%	17.8%	22.2%	24.2%	29.4%	44.7%	48.8%	41.7%	46.1%	45.0%	36.3%	26.8%	42.3%	47.4%	41.9%	41.3%	62.7%	-0.2%	-20.7%
Total Operating Cost	16.7B	15.3B	13.5B	11.9B	8.1B	6.5B	5.7B	5.1B	4.2B	3.4B	3.2B	2.9B	2.9B	1.2B	570.0M	321.0M	151.0M	55.2M	76.9M	161.0M
Selling Expenses	181.0M	156.0M	167.0M	147.0M	130.0M	109.0M	113.0M	97.7M	60.1M	43.5M	36.0M	26.1M	27.0M	11.5M	6.1M	4.3M	1.8M	--	264,300	3.5M
Admin Expenses	878.0M	894.0M	764.0M	823.0M	673.0M	504.0M	501.0M	396.0M	428.0M	401.0M	459.0M	345.0M	237.0M	172.0M	76.6M	25.4M	13.7M	30.6M	83.7M	71.3M
Rd Expenses	706.0M	794.0M	584.0M	530.0M	406.0M	197.0M	144.0M	127.0M	--	--	--	--	--	--	--	--	--	--	--	--
Finance Expenses	180.0M	275.0M	377.0M	137.0M	83.6M	114.0M	55.7M	72.3M	-107.0M	-10.4M	149.0M	175.0M	106.0M	21.8M	27.0M	13.9M	8.7M	24.3M	34.6M	28.6M
+Operating Income	384.0M	495.0M	858.0M	1.8B	1.0B	1.6B	3.2B	3.9B	2.1B	1.5B	1.3B	807.0M	510.0M	522.0M	291.0M	149.0M	62.0M	-54.3M	-75.4M	-111.0M
Operating Margin %	2.4%	3.5%	6.5%	13.9%	12.4%	21.3%	38.7%	45.9%	33.7%	31.0%	29.1%	21.6%	15.2%	29.9%	33.7%	31.7%	29.1%	-6445.4%	-4874.1%	-234.6%
Non Operating Income	16.0M	13.3M	33.0M	20.5M	148.0M	4.5M	10.4M	8.7M	518.0M	598.0M	516.0M	459.0M	506.0M	845.0M	254.0M	56.1M	23,100	404.0M	5.1M	2.3M
Non Operating Expenses	42.5M	33.4M	36.6M	106.0M	32.9M	5.3M	3.4M	11.4M	14.4M	2.5M	20.1M	2.1M	1.3M	768,200	426,500	341,200	19,100	836,700	16.2M	51.2M
Investment Income	-59.2M	-43.2M	39.0M	133.0M	319,800	12.4M	9.0M	114.0M	8.4M	3.4M	-50.7M	5.0M	17.9M	2.2M	-1.4M	-60,000	--	--	--	1.4M
Fair Value Change Income	-10.8M	17.4M	14.7M	8.0M	--	--	481,000	--	--	--	--	--	--	--	--	--	--	--	--	--
Asset Disposal Income	12.5M	80.5M	36.1M	15.1M	10.1M	1.1M	1.4M	-2.8M	-168,300	--	--	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	332.0M	351.0M	587.0M	324.0M	252.0M	175.0M	202.0M	22.8M	29.8M	260.0M	18.4M	-6.4M	29.6M	9.9M	1.3M	187,600	434,300	--	-43.2M	--
Other Income	993.0M	1.7B	1.0B	922.0M	680.0M	658.0M	612.0M	484.0M	--	--	--	--	--	--	--	--	--	--	--	--
Income Before Tax	358.0M	475.0M	854.0M	1.7B	1.2B	1.6B	3.2B	3.9B	2.6B	2.1B	1.8B	1.3B	1.0B	1.4B	545.0M	205.0M	62.0M	348.0M	-86.5M	-160.0M
Income Tax	102.0M	108.0M	169.0M	353.0M	144.0M	292.0M	418.0M	690.0M	450.0M	353.0M	318.0M	234.0M	196.0M	306.0M	114.0M	24.5M	9.9M	--	--	--
+Net Income	256.0M	367.0M	685.0M	1.3B	1.0B	1.3B	2.8B	3.2B	2.2B	1.7B	1.5B	1.0B	819.0M	1.1B	431.0M	180.0M	52.1M	348.0M	-86.5M	-160.0M
Net Margin %	1.6%	2.6%	5.2%	10.4%	12.0%	17.4%	33.8%	37.7%	34.5%	36.0%	33.0%	27.6%	24.4%	60.7%	49.9%	38.3%	24.4%	41271.3%	-5593.6%	-338.2%
Net Income Attributable	253.0M	367.0M	685.0M	1.3B	1.0B	1.3B	2.8B	3.2B	2.2B	1.7B	1.5B	1.0B	810.0M	936.0M	419.0M	180.0M	52.1M	349.0M	-85.8M	-160.0M
Minority Interest	2.7M	--	--	--	--	--	-113,300	-167,300	22,300	53.0M	48.1M	-5.8M	9.0M	124.0M	11.3M	--	--	-310,200	-702,000	-680,800
Eps Basic	0.05	0.07	0.15	0.29	0.24	0.32	0.69	0.78	0.53	0.44	0.61	0.48	0.56	0.65	0.72	0.35	0.28	2.66	-0.72	-1.34
Eps Diluted	0.05	0.07	0.15	0.29	0.24	0.32	0.69	0.78	0.53	0.44	0.61	0.48	0.56	0.65	0.72	0.35	0.28	2.66	-0.72	--

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash And Equivalents	8.4B	8.9B	9.5B	3.3B	7.1B	2.3B	4.4B	4.7B	6.0B	5.2B	3.5B	854.0M	1.5B	1.5B	1.9B	1.0B	109.0M	--	123,600	16.4M
Trading Financial Assets	45.7M	72.6M	80.1M	613.0M	--	--	50.5M	--	--	--	--	--	--	--	--	--	--	--	--	--
Accounts Receivable	3.6B	3.3B	3.2B	2.5B	2.3B	2.4B	2.5B	2.4B	1.9B	1.4B	1.2B	906.0M	785.0M	352.0M	183.0M	119.0M	141.0M	--	4.6M	8.0M
Notes Receivable	2.7B	2.4B	2.2B	2.1B	1.5B	--	2.6B	1.5B	1.4B	1.2B	1.2B	781.0M	659.0M	114.0M	48.8M	29.5M	11.4M	--	--	--
Notes And Accounts Receivable	6.2B	5.7B	5.3B	4.6B	3.8B	2.4B	5.1B	3.9B	3.3B	2.6B	2.4B	1.7B	1.4B	465.0M	232.0M	148.0M	152.0M	--	4.6M	8.0M
Prepayments	433.0M	454.0M	491.0M	568.0M	495.0M	290.0M	666.0M	316.0M	207.0M	86.0M	1.3B	773.0M	814.0M	813.0M	132.0M	45.0M	58.1M	--	2.2M	16.6M
Inventory	5.6B	5.3B	5.8B	4.6B	4.2B	3.1B	2.7B	1.8B	1.2B	1.2B	1.1B	1.1B	927.0M	918.0M	310.0M	82.4M	116.0M	--	1.9M	4.4M
Total Current Assets	21.7B	21.3B	22.1B	15.0B	16.2B	10.3B	13.1B	11.5B	11.6B	9.4B	9.1B	4.6B	4.8B	3.7B	2.6B	1.3B	438.0M	--	27.2M	153.0M
Long Term Equity Investment	1.5B	818.0M	439.0M	399.0M	122.0M	121.0M	124.0M	116.0M	93.2M	79.2M	79.4M	596.0M	99.3M	107.0M	58.1M	9.9M	--	--	--	-11.1M
Fixed Assets	--	23.1B	22.7B	17.8B	12.1B	9.3B	8.9B	8.2B	6.4B	5.5B	4.7B	5.1B	4.4B	2.5B	899.0M	384.0M	381.0M	--	189.0M	209.0M
Fixed Assets Total	23.2B	23.1B	22.7B	17.8B	12.1B	9.3B	8.9B	8.2B	6.4B	5.5B	4.7B	5.1B	4.4B	2.5B	899.0M	384.0M	381.0M	--	189.0M	209.0M
Construction In Progress	--	4.4B	5.3B	6.7B	4.2B	4.9B	2.7B	2.4B	2.3B	2.9B	1.1B	1.5B	1.1B	2.3B	2.0B	240.0M	18.3M	--	89.5M	33.6M
Construction In Progress Total	4.8B	4.4B	5.3B	6.7B	4.2B	4.9B	2.7B	2.4B	2.3B	2.9B	1.1B	1.5B	1.1B	2.3B	2.0B	240.0M	18.3M	--	90.1M	36.3M
Intangible Assets	5.7B	5.5B	4.9B	4.5B	4.0B	3.4B	3.0B	2.1B	1.9B	1.4B	1.3B	1.2B	992.0M	668.0M	416.0M	111.0M	21.1M	--	45.1M	34.5M
Long Term Deferred Expenses	254.0M	228.0M	213.0M	182.0M	215.0M	258.0M	223.0M	85.8M	18.6M	555,700	793,900	769,100	2.0M	6.2M	10.4M	6.0M	2.0M	--	1.7M	2.0M
Total Non Current Assets	37.3B	36.4B	36.3B	32.5B	22.8B	19.4B	17.7B	13.7B	11.9B	11.3B	7.9B	8.7B	6.9B	5.7B	3.4B	761.0M	423.0M	--	326.0M	271.0M
Total Assets	59.1B	57.7B	58.4B	47.5B	39.0B	29.7B	30.8B	25.2B	23.6B	20.8B	17.0B	13.3B	11.6B	9.4B	6.0B	2.1B	861.0M	--	354.0M	425.0M
Short Term Borrowings	4.9B	2.8B	4.0B	2.3B	1.2B	913.0M	2.9B	--	400.0M	501.0M	610.0M	1.2B	940.0M	269.0M	--	20.0M	198.0M	--	418.0M	382.0M
Accounts Payable	2.6B	2.5B	3.2B	2.7B	1.4B	1.4B	967.0M	866.0M	890.0M	619.0M	392.0M	557.0M	461.0M	280.0M	153.0M	67.5M	54.0M	--	26.3M	19.8M
Advance Receipts	320,800	--	--	648.0M	--	137.0M	127.0M	19.3M	18.4M	20.6M	18.4M	21.4M	5.0M	8.2M	38.1M	1.9M	1.3M	--	15.7M	15.5M
Contract Liabilities	152.0M	189.0M	84.9M	76.0M	88.8M	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	13.4B	10.2B	11.7B	8.7B	4.8B	4.6B	5.4B	1.6B	2.1B	2.0B	2.2B	2.7B	1.4B	502.0M	164.0M	117.0M	280.0M	--	596.0M	598.0M
Long Term Borrowings	3.4B	3.4B	3.3B	2.6B	905.0M	120.0M	302.0M	652.0M	947.0M	1.2B	1.9B	2.1B	2.4B	1.5B	397.0M	476.0M	100.0M	--	61.8M	3.2M
Total Non Current Liabilities	8.8B	9.2B	8.8B	8.4B	4.5B	3.3B	4.1B	3.9B	4.0B	2.8B	3.3B	3.6B	4.0B	3.0B	944.0M	484.0M	100.0M	--	134.0M	64.7M
Total Liabilities	22.2B	19.4B	20.4B	17.1B	9.3B	7.9B	9.5B	5.5B	6.1B	4.8B	5.6B	6.3B	5.3B	3.5B	1.1B	601.0M	380.0M	--	731.0M	663.0M
Paid In Capital	5.0B	5.0B	5.0B	4.5B	4.5B	4.1B	4.1B	4.1B	4.1B	2.5B	2.4B	1.4B	1.4B	1.4B	656.0M	278.0M	246.0M	120.0M	120.0M	120.0M
Capital Reserve	21.2B	21.1B	21.2B	13.8B	13.7B	7.1B	7.1B	7.1B	7.1B	8.6B	5.4B	3.2B	3.0B	3.0B	3.8B	1.2B	391.0M	89.0M	56.4M	69.6M
Surplus Reserve	1.1B	1.0B	942.0M	879.0M	832.0M	775.0M	651.0M	503.0M	373.0M	287.0M	220.0M	169.0M	124.0M	91.0M	27.5M	11.0M	11.0M	11.0M	11.0M	6.8M
Retained Earnings	11.5B	11.5B	11.5B	11.3B	10.7B	10.1B	9.8B	8.1B	5.9B	4.4B	3.3B	2.2B	1.5B	1.2B	415.0M	12.7M	-167.0M	-220.0M	-568.0M	-439.0M
Minority Equity	23.5M	--	--	--	--	--	--	3.2M	--	60.1M	140.0M	35.5M	251.0M	242.0M	50.5M	--	--	--	4.1M	4.8M
Equity Attributable	36.9B	38.3B	37.9B	30.5B	29.7B	21.7B	21.2B	19.8B	17.4B	15.9B	11.3B	7.0B	6.0B	5.7B	4.9B	1.5B	481.0M	--	-381.0M	-243.0M
Total Equity	36.9B	38.3B	37.9B	30.5B	29.7B	21.7B	21.2B	19.8B	17.4B	16.0B	11.5B	7.0B	6.3B	5.9B	4.9B	1.5B	481.0M	--	-377.0M	-238.0M

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash From Sales	15.4B	12.6B	10.4B	9.1B	7.3B	6.9B	6.8B	6.0B	4.9B	4.1B	3.6B	2.5B	2.0B	1.8B	740.0M	419.0M	201.0M	868,700	408,300	46.9M
Tax Refunds Received	227.0M	742.0M	1.3B	15.0M	28.7M	117.0M	161.0M	177.0M	47.4M	46.3M	121.0M	21.5M	2.1M	95,200	997,800	--	--	--	--	--
Total Operating Cash Inflow	16.3B	16.0B	12.9B	11.5B	9.3B	7.8B	8.4B	6.8B	5.2B	5.1B	4.2B	2.8B	2.4B	2.6B	1.1B	486.0M	202.0M	2.4M	2.1M	87.8M
Cash Paid For Goods	9.9B	8.4B	8.4B	6.8B	4.9B	3.0B	3.0B	1.8B	1.4B	1.2B	2.3B	1.2B	1.3B	1.4B	426.0M	103.0M	106.0M	17,000	592,300	19.4M
Cash Paid To Employees	2.5B	2.4B	2.5B	2.0B	1.6B	1.2B	961.0M	746.0M	519.0M	516.0M	533.0M	388.0M	289.0M	181.0M	65.9M	29.4M	15.2M	2.5M	2.5M	9.3M
Taxes Paid	847.0M	881.0M	813.0M	864.0M	669.0M	682.0M	881.0M	1.1B	956.0M	840.0M	583.0M	347.0M	319.0M	152.0M	193.0M	89.8M	1.8M	--	536,100	1.2M
Total Operating Cash Outflow	13.6B	12.0B	12.1B	9.9B	7.4B	5.0B	5.1B	3.8B	3.1B	2.7B	3.6B	2.0B	1.9B	1.7B	752.0M	232.0M	129.0M	3.4M	7.7M	133.0M
Operating Cash Flow	2.6B	4.0B	800.0M	1.6B	1.9B	2.8B	3.3B	3.0B	2.1B	2.4B	665.0M	765.0M	405.0M	861.0M	302.0M	254.0M	73.9M	-987,200	-5.6M	-45.7M
Total Investing Cash Inflow	184.0M	238.0M	185.0M	69.4M	20.0M	1.5B	532.0M	1.5B	924.0M	493.0M	632.0M	216.0M	149.0M	1.0B	556.0M	134,000	0.00	890,000	5.4M	355,000
Total Investing Cash Outflow	3.4B	2.9B	4.3B	8.7B	4.6B	3.1B	5.5B	4.1B	2.6B	3.0B	2.1B	1.6B	1.4B	3.7B	2.9B	325.0M	83.3M	26,500	110,000	136,700
Investing Cash Flow	-3.3B	-2.7B	-4.1B	-8.6B	-4.6B	-1.6B	-4.9B	-2.6B	-1.7B	-2.5B	-1.5B	-1.4B	-1.3B	-2.7B	-2.3B	-325.0M	-83.3M	863,500	5.3M	218,300
Cash From Borrowings	8.1B	4.3B	7.6B	6.0B	2.5B	1.2B	2.9B	2.0M	2.0B	944.0M	2.8B	3.4B	2.6B	1.6B	600.0M	416.0M	140.0M	--	--	40.0M
Dividends And Interest Paid	449.0M	557.0M	768.0M	855.0M	512.0M	971.0M	1.1B	899.0M	737.0M	634.0M	590.0M	535.0M	632.0M	201.0M	33.2M	12.4M	6.9M	--	765,000	2.6M
Debt Repayments	5.9B	5.8B	4.5B	1.8B	1.7B	3.8B	425.0M	710.0M	735.0M	2.1B	2.1B	2.8B	1.1B	159.0M	699.0M	218.0M	10.0M	--	--	74.0M
Total Financing Cash Inflow	10.6B	6.4B	17.9B	8.5B	11.6B	2.8B	3.3B	34.7M	2.0B	4.5B	6.2B	3.4B	2.6B	1.7B	3.6B	1.2B	149.0M	0.00	25.5M	140.0M
Total Financing Cash Outflow	10.9B	8.2B	8.0B	6.3B	4.1B	6.6B	2.3B	1.6B	1.5B	2.7B	2.7B	3.4B	1.7B	362.0M	740.0M	236.0M	31.2M	0.00	41.5M	193.0M
Financing Cash Flow	-307.0M	-1.8B	9.9B	2.2B	7.6B	-3.7B	993.0M	-1.6B	462.0M	1.8B	3.5B	-65.4M	934.0M	1.4B	2.9B	981.0M	118.0M	0.00	-16.0M	-52.7M
Net Change In Cash	-934.0M	-514.0M	6.6B	-4.8B	4.9B	-2.5B	-575.0M	-1.3B	811.0M	1.7B	2.7B	-713.0M	42.8M	-450.0M	886.0M	910.0M	109.0M	-123,600	-16.3M	-98.2M
Ending Cash Balance	6.8B	7.8B	8.3B	1.7B	6.5B	1.6B	4.1B	4.7B	6.0B	5.2B	3.5B	784.0M	1.5B	1.5B	1.9B	1.0B	109.0M	--	123,600	--
Capex	2.7B	2.5B	4.1B	8.5B	4.2B	3.0B	5.3B	3.4B	1.4B	2.8B	2.0B	951.0M	1.4B	3.7B	2.9B	315.0M	83.3M	--	110,000	136,700