Shanghai Belling Co., Ltd. (SHA:600171)

Shanghai Belling Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,819	2,082	1,994	1,960	1,280
Other Revenue	-	55.32	50.63	63.98	52.15
Revenue	2,819	2,137	2,044	2,024	1,332
Revenue Growth (YoY)	31.89%	4.54%	0.98%	51.95%	21.34%
Cost of Revenue	2,023	1,529	1,361	1,342	952.21
Gross Profit	795.58	608.39	683.67	682.4	379.99
Selling, General & Admin	157.27	149.04	137.39	147.43	109.15
Research & Development	430.32	352.89	255.05	173.43	113.44
Other Operating Expenses	-60.5	-6.6	-1.59	7.96	4.96
Operating Expenses	527.09	495.85	390.86	328.78	227.29
Operating Income	268.49	112.54	292.81	353.62	152.71
Interest Expense	-	-2.36	-1.45	-1.65	-0.32
Interest & Investment Income	61.17	46.38	80.74	100.96	69.66
Currency Exchange Gain (Loss)	-	1.04	12.96	-4.15	-8.62
Other Non Operating Income (Expenses)	33.13	-0.31	-0.06	-0.5	0.19
EBT Excluding Unusual Items	362.79	157.29	385	448.28	213.62
Gain (Loss) on Sale of Investments	55.02	-279.23	27.21	299.93	385.59
Gain (Loss) on Sale of Assets	0.34	0.03	0.01	-0	0.14
Asset Writedown	-23.85	-0.12	-0.03	-0.22	-0.23
Other Unusual Items	-	19.74	16.07	18.68	19.5
Pretax Income	394.29	-102.28	428.27	766.67	618.61
Income Tax Expense	-1.24	-42.06	28.68	29.12	76.85
Earnings From Continuing Operations	395.53	-60.22	399.59	737.55	541.76
Minority Interest in Earnings	-	-	-0.55	-8.25	-13.76
Net Income	395.53	-60.22	399.03	729.3	528.01
Net Income to Common	395.53	-60.22	399.03	729.3	528.01
Net Income Growth	-	-	-45.28%	38.12%	110.24%
Shares Outstanding (Basic)	706	669	700	701	704
Shares Outstanding (Diluted)	706	669	700	708	704
Shares Change (YoY)	5.56%	-4.42%	-1.13%	0.57%	0.91%
EPS (Basic)	0.56	-0.09	0.57	1.04	0.75
EPS (Diluted)	0.56	-0.09	0.57	1.03	0.75
EPS Growth	-	-	-44.66%	37.33%	108.33%
Free Cash Flow	66.34	88.65	-239.79	375.33	56.71
Free Cash Flow Per Share	0.09	0.13	-0.34	0.53	0.08
Dividend Per Share	-	0.100	0.200	0.200	0.130
Dividend Growth	-	-50.00%	-	53.85%	18.18%
Gross Margin	28.23%	28.47%	33.44%	33.71%	28.52%
Operating Margin	9.53%	5.27%	14.32%	17.47%	11.46%
Profit Margin	14.03%	-2.82%	19.52%	36.03%	39.63%
Free Cash Flow Margin	2.35%	4.15%	-11.73%	18.54%	4.26%
EBITDA	301.88	136.52	313.29	369.13	167.34
EBITDA Margin	10.71%	6.39%	15.32%	18.23%	12.56%
D&A For EBITDA	33.39	23.98	20.48	15.51	14.63
EBIT	268.49	112.54	292.81	353.62	152.71
EBIT Margin	9.53%	5.27%	14.32%	17.47%	11.46%
Effective Tax Rate	-	-	6.70%	3.80%	12.42%
Revenue as Reported	-	2,137	2,044	2,024	1,332

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.