SHENGYI ELECTRONICS CO LTD

SHENGYI ELECTRONICS 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
+Revenue	4.7B	3.3B	3.5B	3.6B	3.6B	3.1B	2.1B	1.7B
Revenue Growth %	43.2%	-7.4%	-3.1%	0.4%	17.4%	50.7%	20.0%	--
Total Revenue	4.7B	3.3B	3.5B	3.6B	3.6B	3.1B	2.1B	1.7B
Cost Of Revenue	3.6B	2.8B	2.7B	2.9B	2.6B	2.2B	1.5B	1.3B
+Gross Profit	1.1B	468.0M	843.0M	740.0M	992.0M	921.0M	536.0M	405.0M
Gross Margin %	22.7%	14.3%	23.8%	20.3%	27.3%	29.7%	26.1%	23.7%
Total Operating Cost	4.4B	3.4B	3.2B	3.4B	3.2B	2.6B	1.8B	1.6B
Selling Expenses	160.0M	89.3M	88.2M	75.8M	57.3M	74.4M	50.3M	49.5M
Admin Expenses	203.0M	156.0M	185.0M	145.0M	174.0M	131.0M	92.7M	75.5M
Rd Expenses	284.0M	193.0M	196.0M	190.0M	156.0M	142.0M	111.0M	93.2M
Finance Expenses	15.1M	31.0M	9.9M	19.4M	52.4M	25.5M	17.2M	18.0M
+Operating Income	351.0M	-56.3M	318.0M	249.0M	494.0M	508.0M	246.0M	162.0M
Operating Margin %	7.5%	-1.7%	9.0%	6.8%	13.6%	16.4%	12.0%	9.5%
Non Operating Income	588,000	517,100	255,200	32.7M	4.0M	19,800	1.3M	209,400
Non Operating Expenses	670,700	1.1M	7.9M	2.5M	1.4M	1.7M	6.5M	4.4M
Investment Income	-1,342	-54,100	--	-221,700	--	--	--	--
Fair Value Change Income	-257,400	-174,100	--	--	--	--	--	--
Asset Disposal Income	-7.8M	-174,100	-1.6M	-1.8M	11.0M	-2.8M	121,400	-9,300
Asset Impairment Loss	36.8M	65.9M	42.9M	44.9M	54.1M	22.4M	9.7M	5.3M
Other Income	30.8M	34.4M	14.9M	11.5M	7.4M	3.0M	8.7M	16.9M
Income Before Tax	351.0M	-56.9M	310.0M	280.0M	497.0M	506.0M	240.0M	158.0M
Income Tax	18.9M	-31.9M	-3.0M	15.3M	57.5M	64.9M	27.2M	19.8M
+Net Income	332.0M	-25.0M	313.0M	264.0M	439.0M	441.0M	213.0M	138.0M
Net Margin %	7.1%	-0.8%	8.9%	7.2%	12.1%	14.2%	10.4%	8.1%
Net Income Attributable	332.0M	-25.0M	313.0M	264.0M	439.0M	441.0M	213.0M	138.0M
Eps Basic	0.40	-0.03	0.38	0.33	0.66	0.66	0.32	0.22
Eps Diluted	0.40	-0.03	0.38	0.33	0.66	0.66	0.32	0.22

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
Cash And Equivalents	410.0M	429.0M	1.2B	1.2B	158.0M	203.0M	48.0M	54.9M
Accounts Receivable	1.7B	1.0B	1.0B	1.0B	861.0M	982.0M	580.0M	472.0M
Notes Receivable	--	--	--	--	--	3.8M	31.7M	131.0M
Notes And Accounts Receivable	1.7B	1.0B	1.0B	1.0B	861.0M	986.0M	612.0M	603.0M
Prepayments	6.2M	4.8M	4.1M	3.7M	2.6M	709,900	565,900	506,100
Inventory	1.2B	640.0M	674.0M	677.0M	555.0M	524.0M	296.0M	265.0M
Total Current Assets	3.6B	2.2B	3.0B	3.0B	1.8B	1.8B	997.0M	999.0M
Long Term Equity Investment	2.0M	--	--	--	--	--	--	--
Fixed Assets	--	3.5B	2.7B	2.6B	1.9B	1.7B	973.0M	914.0M
Fixed Assets Total	3.5B	3.5B	2.7B	2.6B	1.9B	1.7B	973.0M	914.0M
Construction In Progress	--	243.0M	1.0B	414.0M	747.0M	125.0M	226.0M	151.0M
Construction In Progress Total	288.0M	243.0M	1.0B	414.0M	747.0M	125.0M	226.0M	151.0M
Intangible Assets	175.0M	93.8M	103.0M	86.8M	85.9M	86.5M	71.8M	75.7M
Total Non Current Assets	4.1B	4.0B	4.0B	3.4B	2.8B	1.9B	1.3B	1.1B
Total Assets	7.7B	6.3B	7.0B	6.4B	4.6B	3.8B	2.3B	2.1B
Short Term Borrowings	1.1B	862.0M	646.0M	732.0M	1.2B	642.0M	140.0M	306.0M
Accounts Payable	1.4B	891.0M	989.0M	825.0M	864.0M	842.0M	401.0M	406.0M
Advance Receipts	--	--	--	--	13.8M	21.5M	795,100	541,700
Contract Liabilities	16.8M	3.9M	977,200	1.6M	16.8M	--	--	--
Total Current Liabilities	3.0B	2.0B	2.4B	2.1B	2.6B	1.9B	729.0M	871.0M
Long Term Borrowings	221.0M	180.0M	304.0M	347.0M	--	176.0M	175.0M	--
Total Non Current Liabilities	383.0M	307.0M	428.0M	448.0M	42.2M	178.0M	176.0M	1.7M
Total Liabilities	3.4B	2.4B	2.9B	2.5B	2.6B	2.0B	905.0M	872.0M
Paid In Capital	832.0M	832.0M	832.0M	832.0M	665.0M	665.0M	665.0M	665.0M
Capital Reserve	2.4B	2.3B	2.3B	2.3B	445.0M	445.0M	445.0M	445.0M
Surplus Reserve	217.0M	187.0M	187.0M	161.0M	133.0M	84.5M	39.9M	18.5M
Retained Earnings	956.0M	654.0M	812.0M	658.0M	699.0M	528.0M	251.0M	146.0M
Equity Attributable	4.3B	3.9B	4.1B	3.9B	1.9B	1.7B	1.4B	1.3B
Total Equity	4.3B	3.9B	4.1B	3.9B	1.9B	1.7B	1.4B	1.3B

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
Cash From Sales	4.0B	3.1B	3.5B	3.6B	4.0B	2.7B	2.1B	1.6B
Tax Refunds Received	177.0M	90.2M	116.0M	48.5M	13.8M	67.1M	22.5M	--
Total Operating Cash Inflow	4.3B	3.3B	3.7B	3.8B	4.0B	2.8B	2.1B	1.6B
Cash Paid For Goods	3.0B	2.0B	2.1B	2.5B	2.3B	1.8B	1.3B	960.0M
Cash Paid To Employees	757.0M	715.0M	689.0M	687.0M	652.0M	492.0M	364.0M	297.0M
Taxes Paid	64.0M	38.9M	57.3M	98.3M	153.0M	114.0M	89.6M	68.6M
Total Operating Cash Outflow	3.9B	2.8B	3.0B	3.3B	3.2B	2.5B	1.8B	1.4B
Operating Cash Flow	351.0M	431.0M	741.0M	421.0M	838.0M	263.0M	319.0M	211.0M
Total Investing Cash Inflow	9.8M	34.4M	1.7M	31.3M	40.7M	18.2M	41.1M	--
Total Investing Cash Outflow	427.0M	641.0M	687.0M	983.0M	1.1B	584.0M	271.0M	158.0M
Investing Cash Flow	-417.0M	-607.0M	-686.0M	-952.0M	-1.0B	-566.0M	-230.0M	-158.0M
Cash From Borrowings	1.6B	1.1B	1.3B	1.2B	1.3B	936.0M	516.0M	904.0M
Dividends And Interest Paid	43.6M	188.0M	172.0M	314.0M	272.0M	143.0M	100.0M	40.2M
Debt Repayments	1.4B	1.5B	953.0M	1.4B	870.0M	336.0M	514.0M	1.1B
Total Financing Cash Inflow	1.6B	1.1B	1.3B	3.2B	1.3B	948.0M	516.0M	1.1B
Total Financing Cash Outflow	1.6B	1.7B	1.1B	1.8B	1.2B	480.0M	626.0M	1.2B
Financing Cash Flow	60.1M	-568.0M	112.0M	1.4B	117.0M	468.0M	-111.0M	-108.0M
Net Change In Cash	-4.8M	-745.0M	170.0M	857.0M	-71.8M	166.0M	-18.5M	-56.1M
Ending Cash Balance	409.0M	413.0M	1.2B	988.0M	131.0M	203.0M	36.4M	54.9M
Capex	425.0M	619.0M	687.0M	983.0M	1.1B	584.0M	271.0M	158.0M