Shengyi Technology Co., Ltd. (SYTECH) income statement

SHH · Industrials · Electrical Equipment & Parts · 14,523 employees · CEO Honghui Zeng

Price: CN¥87.00 -7.56%
Market cap: CN¥211B
Enterprise value: CN¥220B
Last report: Q3 '26 filed 2026-09-30
Next report: 2027-03-30 EPS est. CN¥1.20

Shengyi Technology Co., Ltd. (SYTECH) reported revenue of CN¥14.2B for Q3 '26 (+78.8% year on year), operating income of CN¥4.32B (30.4% of revenue) and net income of CN¥3.44B. Over the last four quarters revenue was CN¥41B.

Income statement

Income statement	Q4 '23	Q1 '24	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26
Revenue	CN¥4.24B	CN¥4.42B	CN¥5.21B	CN¥5.12B	CN¥5.64B	CN¥5.61B	CN¥7.07B	CN¥7.93B	CN¥7.82B	CN¥8.14B	CN¥10.9B	CN¥14.2B
Cost of revenue	CN¥3.56B	CN¥3.48B	CN¥4.1B	CN¥3.92B	CN¥4.46B	CN¥4.23B	CN¥5.22B	CN¥5.65B	CN¥8.9B	CN¥5.85B	CN¥7.33B	CN¥8.28B
Gross profit	CN¥683M	CN¥941M	CN¥1.1B	CN¥1.19B	CN¥1.18B	CN¥1.38B	CN¥1.85B	CN¥2.28B	-CN¥1.08B	CN¥2.29B	CN¥3.55B	CN¥5.9B
Research & development	CN¥231M	CN¥217M	CN¥253M	CN¥324M	CN¥362M	CN¥295M	CN¥348M	CN¥372M	CN¥1.01B	CN¥399M	CN¥516M	CN¥673M
Sales & marketing	CN¥59.9M	CN¥81M	CN¥86.8M	CN¥93.2M	CN¥105M	CN¥117M	CN¥145M	CN¥140M	CN¥402M	CN¥135M	CN¥174M	CN¥207M
General & administrative	CN¥201M	CN¥176M	CN¥184M	CN¥233M	CN¥250M	CN¥244M	CN¥288M	CN¥272M	CN¥804M	CN¥271M	CN¥378M	CN¥522M
Other operating expenses	-CN¥110M	CN¥11.9M	-CN¥56.2M	CN¥16.8M	CN¥14.1M	CN¥6.68M	-CN¥54.5M	CN¥104M	-CN¥4.5B	CN¥54.8M	-CN¥224M	CN¥186M
Operating expenses	CN¥383M	CN¥486M	CN¥468M	CN¥667M	CN¥731M	CN¥662M	CN¥726M	CN¥888M	-CN¥2.28B	CN¥861M	CN¥862M	CN¥1.59B
Operating income	CN¥301M	CN¥455M	CN¥637M	CN¥527M	CN¥454M	CN¥719M	CN¥1.12B	CN¥1.39B	CN¥1.2B	CN¥1.43B	CN¥2.69B	CN¥4.32B
Interest income	CN¥10.5M	CN¥10.1M	CN¥5.56M	CN¥4.56M	CN¥12.1M	CN¥5.83M	CN¥5.33M	CN¥2.88M	CN¥0	CN¥4.08M	CN¥5.83M	CN¥356M
Interest expense	CN¥35.2M	CN¥32.4M	CN¥28.2M	CN¥29.2M	CN¥33.3M	CN¥29.5M	CN¥26.7M	CN¥30.7M	CN¥0	CN¥33.8M	CN¥35.3M	CN¥38.9M
Other non-operating income (gains on investments, FX ...)	-CN¥34.8M	-CN¥32M	-CN¥27.4M	-CN¥28.5M	-CN¥30.8M	-CN¥29.4M	-CN¥26.1M	-CN¥28.5M	CN¥101M	-CN¥137M	CN¥381M	CN¥0
Total non-operating income	-CN¥442K	-CN¥402K	-CN¥838K	-CN¥701K	-CN¥2.56M	-CN¥93.5K	-CN¥607K	-CN¥2.18M	-CN¥14.4M	CN¥103M	CN¥1.47M	-CN¥45.1M
Income before tax	CN¥300M	CN¥454M	CN¥636M	CN¥527M	CN¥451M	CN¥719M	CN¥1.12B	CN¥1.39B	CN¥1.18B	CN¥1.53B	CN¥2.69B	CN¥4.27B
Income tax	CN¥39.5M	CN¥50.6M	CN¥61.7M	CN¥53.7M	CN¥34.1M	CN¥83.6M	CN¥134M	CN¥150M	CN¥714M	CN¥198M	CN¥305M	CN¥517M
Net income	CN¥265M	CN¥392M	CN¥540M	CN¥440M	CN¥366M	CN¥564M	CN¥863M	CN¥1.02B	CN¥891M	CN¥1.16B	CN¥2.13B	CN¥3.44B
EPS (basic)	CN¥0.11	CN¥0.17	CN¥0.22	CN¥0.18	CN¥0.15	CN¥0.24	CN¥0.35	CN¥0.42	CN¥0.38	CN¥0.48	CN¥0.89	CN¥1.44
EPS (diluted)	CN¥0.11	CN¥0.17	CN¥0.22	CN¥0.18	CN¥0.15	CN¥0.24	CN¥0.35	CN¥0.42	CN¥0.38	CN¥0.48	CN¥0.89	CN¥1.41
Shares (basic, weighted)	2.41B	2.31B	2.48B	2.44B	2.43B	2.35B	2.49B	2.42B	2.34B	2.39B	2.39B	2.39B
Shares (diluted, weighted)	2.41B	2.31B	2.48B	2.44B	2.43B	2.35B	2.49B	2.42B	2.34B	2.39B	2.39B	2.44B
Depreciation & amortization	CN¥223M	CN¥214M	CN¥214M	CN¥219M	CN¥219M	CN¥221M	CN¥221M	CN¥236M	CN¥236M	CN¥0	CN¥260M	CN¥0
EBITDA	CN¥558M	CN¥701M	CN¥878M	CN¥775M	CN¥703M	CN¥969M	CN¥1.37B	CN¥1.66B	CN¥1.33B	CN¥1.56B	CN¥2.58B	CN¥4.32B

Income statement	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	CN¥8.54B	CN¥10.7B	CN¥12B	CN¥13.2B	CN¥14.7B	CN¥20.3B	CN¥18B	CN¥16.6B	CN¥20.4B	CN¥28.4B
Cost of revenue	CN¥6.79B	CN¥8.46B	CN¥9.35B	CN¥9.75B	CN¥10.8B	CN¥14.9B	CN¥14.1B	CN¥13.5B	CN¥16B	CN¥24B
Gross profit	CN¥1.75B	CN¥2.28B	CN¥2.63B	CN¥3.49B	CN¥3.86B	CN¥5.38B	CN¥3.88B	CN¥3.1B	CN¥4.43B	CN¥4.43B
Research & development	CN¥0	CN¥245M	CN¥529M	CN¥605M	CN¥711M	CN¥964M	CN¥943M	CN¥841M	CN¥1.16B	CN¥0
Sales & marketing	CN¥203M	CN¥230M	CN¥244M	CN¥288M	CN¥179M	CN¥231M	CN¥234M	CN¥245M	CN¥373M	CN¥0
General & administrative	CN¥543M	CN¥439M	CN¥484M	CN¥644M	CN¥720M	CN¥910M	CN¥797M	CN¥701M	CN¥843M	CN¥0
Other operating expenses	CN¥134M	CN¥65.1M	CN¥144M	CN¥149M	CN¥161M	-CN¥45.4M	CN¥121M	CN¥34.9M	-CN¥13.5M	CN¥0
Operating expenses	CN¥880M	CN¥979M	CN¥1.4B	CN¥1.69B	CN¥1.77B	CN¥2.06B	CN¥2.09B	CN¥1.82B	CN¥2.36B	CN¥0
Operating income	CN¥867M	CN¥1.31B	CN¥1.23B	CN¥1.8B	CN¥2.09B	CN¥3.32B	CN¥1.78B	CN¥1.27B	CN¥2.07B	CN¥4.43B
Interest income	CN¥4.02M	CN¥3.29M	CN¥20.6M	CN¥18.4M	CN¥54.3M	CN¥49.8M	CN¥59.8M	CN¥51.9M	CN¥32.3M	CN¥0
Interest expense	CN¥81.4M	CN¥99.3M	CN¥177M	CN¥151M	CN¥126M	CN¥146M	CN¥181M	CN¥166M	CN¥123M	CN¥0
Other non-operating income (gains on investments, FX ...)	-CN¥104M	-CN¥96M	-CN¥171M	-CN¥152M	-CN¥118M	-CN¥140M	-CN¥169M	-CN¥164M	-CN¥119M	CN¥17.3M
Total non-operating income	CN¥22.7M	-CN¥3.32M	-CN¥6.11M	CN¥170K	-CN¥7.25M	-CN¥5.62M	-CN¥12.2M	-CN¥1.34M	-CN¥4.5M	-CN¥17.3M
Income before tax	CN¥889M	CN¥1.3B	CN¥1.22B	CN¥1.81B	CN¥2.08B	CN¥3.31B	CN¥1.77B	CN¥1.27B	CN¥2.07B	CN¥4.42B
Income tax	CN¥129M	CN¥189M	CN¥158M	CN¥242M	CN¥283M	CN¥385M	CN¥141M	CN¥123M	CN¥200M	CN¥1.08B
Net income	CN¥748M	CN¥1.07B	CN¥1B	CN¥1.45B	CN¥1.68B	CN¥2.83B	CN¥1.53B	CN¥1.16B	CN¥1.74B	CN¥3.33B
EPS (basic)	CN¥0.35	CN¥0.51	CN¥0.47	CN¥0.66	CN¥0.74	CN¥1.23	CN¥0.66	CN¥0.50	CN¥0.74	CN¥1.39
EPS (diluted)	CN¥0.35	CN¥0.51	CN¥0.47	CN¥0.66	CN¥0.72	CN¥1.21	CN¥0.65	CN¥0.49	CN¥0.73	CN¥1.39
Shares (basic, weighted)	2.13B	2.11B	2.13B	2.2B	2.33B	2.34B	2.36B	2.38B	2.38B	2.4B
Shares (diluted, weighted)	2.13B	2.11B	2.13B	2.2B	2.33B	2.34B	2.36B	2.38B	2.38B	2.4B
Depreciation & amortization	CN¥329M	CN¥363M	CN¥366M	CN¥409M	CN¥531M	CN¥673M	CN¥726M	CN¥835M	CN¥870M	CN¥921M
EBITDA	CN¥1.3B	CN¥1.77B	CN¥1.77B	CN¥2.37B	CN¥2.74B	CN¥4.13B	CN¥2.68B	CN¥2.27B	CN¥3.06B	CN¥5.34B

Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in CNY.

Revenue, operating income and growth

quarterly

Margins

quarterly

Costs as % of revenue

quarterly

The other statements

Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates: Financial Modeling Prep.

Data as of 2026-11-01