Shanghai Vital Deeptech Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	1,334	572.74	949.11	1,157	862.6	930.49
Other Revenue	8.69	8.69	15.5	0.59	17.31	1
Revenue	1,342	581.43	964.61	1,158	879.91	931.49
Revenue Growth (YoY)	163.07%	-39.72%	-16.67%	31.56%	-5.54%	-50.16%
Cost of Revenue	1,020	356.59	534.33	530.87	385.21	515.64
Gross Profit	322.45	224.84	430.28	626.71	494.69	415.85
Selling, General & Admin	329.68	260.13	216.97	173.04	159.1	114.11
Research & Development	167.16	184.48	163.06	108.13	45.63	46.37
Other Operating Expenses	-2.21	28.33	54.62	81.94	62.63	-19.86
Operating Expenses	499.17	477.83	438.91	368.92	272.78	153.12
Operating Income	-176.72	-253	-8.63	257.79	221.92	262.73
Interest Expense	-51.88	-19.31	-14.01	-4.61	-2.38	-0.91
Interest & Investment Income	550.91	172.2	162.21	175.58	234.12	147.79
Currency Exchange Gain (Loss)	-0.01	-0.01	-1.91	-1.72	0.54	0.47
Other Non Operating Income (Expenses)	-29.3	-6.86	-1.58	4.42	1.89	-2.97
EBT Excluding Unusual Items	293	-106.98	136.07	431.46	456.09	407.11
Gain (Loss) on Sale of Investments	-248.01	67.27	29.22	70.64	27.58	10.58
Gain (Loss) on Sale of Assets	1.15	0.1	0.16	0.34	17.06	-
Asset Writedown	-1.37	-0.04	-0.01	-0.11	-12.78	-13.25
Other Unusual Items	79.19	79.19	3.75	11.47	9.07	12.09
Pretax Income	123.96	39.55	169.19	513.8	497.01	416.54
Income Tax Expense	80.29	46.11	85.29	127.09	120.06	121.51
Earnings From Continuing Operations	43.67	-6.56	83.89	386.71	376.95	295.03
Minority Interest in Earnings	114.21	114.1	67.26	36.87	-0.43	20.26
Net Income	157.88	107.54	151.15	423.58	376.52	315.28
Net Income to Common	157.88	107.54	151.15	423.58	376.52	315.28
Net Income Growth	-	-28.85%	-64.32%	12.50%	19.42%	-44.96%
Shares Outstanding (Basic)	917	917	931	931	911	911
Shares Outstanding (Diluted)	917	917	931	931	911	911
Shares Change (YoY)	0.18%	-1.50%	0.02%	2.19%	-0.01%	-0.80%
EPS (Basic)	0.17	0.12	0.16	0.46	0.41	0.35
EPS (Diluted)	0.17	0.12	0.16	0.46	0.41	0.35
EPS Growth	-	-27.77%	-64.32%	10.08%	19.44%	-44.51%
Free Cash Flow	-4,342	-307.94	-934.08	-845.23	250.87	482.16
Free Cash Flow Per Share	-4.74	-0.34	-1.00	-0.91	0.28	0.53
Dividend Per Share	0.043	0.043	0.050	0.137	0.122	0.105
Dividend Growth	-13.50%	-13.50%	-63.50%	12.29%	16.19%	-
Gross Margin	24.02%	38.67%	44.61%	54.14%	56.22%	44.64%
Operating Margin	-13.16%	-43.51%	-0.90%	22.27%	25.22%	28.21%
Profit Margin	11.76%	18.50%	15.67%	36.59%	42.79%	33.85%
Free Cash Flow Margin	-323.43%	-52.96%	-96.84%	-73.02%	28.51%	51.76%
EBITDA	-97.86	-194.41	22.92	286.47	247.08	285.22
EBITDA Margin	-7.29%	-33.44%	2.38%	24.75%	28.08%	30.62%
D&A For EBITDA	78.86	58.58	31.55	28.69	25.16	22.49
EBIT	-176.72	-253	-8.63	257.79	221.92	262.73
EBIT Margin	-13.16%	-43.51%	-0.90%	22.27%	25.22%	28.21%
Effective Tax Rate	64.77%	116.58%	50.41%	24.73%	24.16%	29.17%
Revenue as Reported	1,342	581.43	964.61	1,158	879.91	931.49
Advertising Expenses	-	0.39	1.4	1.03	2.15	0.9

Source: S&P Global Market Intelligence. Standard template. Financial Sources.