Files are in binary format by default and need to be converted to text. Use ConvertData.exe (in Sins install folder).
Example:
Start -> Run -> cmd.exe and then at cmd prompt:
To TXT:
c:\program files\stardock games\sins of a solar empire\ConvertData.exe entity "[source file]" "[dest file]" txt
Back to BIN:
c:\program files\stardock games\sins of a solar empire\ConvertData.exe entity "[source file]" "[dest file]" bin
Or download a little helper I created that makes life much easier (note this one assumes ConvertData.exe is in c:\program files\stardock games\sins of a solar empire\)
http://files.filefront.com/ConvertDataGUIexe/;12831279;/fileinfo.html