Shanghai Wanye Enterprises Co.,Ltd (SHA:600641)

SHA:600641 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	666	572.74	949.11	1,157	862.6	930.49
Other Revenue	8.69	8.69	15.5	0.59	17.31	1
Revenue	674.69	581.43	964.61	1,158	879.91	931.49
Revenue Growth (YoY)	-28.18%	-39.72%	-16.67%	31.56%	-5.54%	-50.16%
Cost of Revenue	456.58	356.59	534.33	530.87	385.21	515.64
Gross Profit	218.11	224.84	430.28	626.71	494.69	415.85
Selling, General & Admin	258.87	260.13	216.97	173.04	159.1	114.11
Research & Development	208.17	184.48	163.06	108.13	45.63	46.37
Other Operating Expenses	28.1	28.33	54.62	81.94	62.63	-19.86
Operating Expenses	505.11	477.83	438.91	368.92	272.78	153.12
Operating Income	-287.01	-253	-8.63	257.79	221.92	262.73
Interest Expense	-21.52	-19.31	-14.01	-4.61	-2.38	-0.91
Interest & Investment Income	385.49	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)	-7.06	-6.86	-1.58	4.42	1.89	-2.97
EBT Excluding Unusual Items	69.89	-106.98	136.07	431.46	456.09	407.11
Gain (Loss) on Sale of Investments	-134.16	67.27	29.22	70.64	27.58	10.58
Gain (Loss) on Sale of Assets	0.1	0.1	0.16	0.34	17.06	-
Asset Writedown	-0.04	-0.04	-0.01	-0.11	-12.78	-13.25
Other Unusual Items	85.19	79.19	3.75	11.47	9.07	12.09
Pretax Income	20.98	39.55	169.19	513.8	497.01	416.54
Income Tax Expense	33.85	46.11	85.29	127.09	120.06	121.51
Earnings From Continuing Operations	-12.87	-6.56	83.89	386.71	376.95	295.03
Minority Interest in Earnings	116.55	114.1	67.26	36.87	-0.43	20.26
Net Income	103.68	107.54	151.15	423.58	376.52	315.28
Net Income to Common	103.68	107.54	151.15	423.58	376.52	315.28
Net Income Growth	91.28%	-28.85%	-64.32%	12.50%	19.42%	-44.96%
Shares Outstanding (Basic)	914	917	931	931	911	911
Shares Outstanding (Diluted)	914	917	931	931	911	911
Shares Change (YoY)	-1.66%	-1.50%	0.02%	2.19%	-0.01%	-0.80%
EPS (Basic)	0.11	0.12	0.16	0.46	0.41	0.35
EPS (Diluted)	0.11	0.12	0.16	0.46	0.41	0.35
EPS Growth	94.51%	-27.77%	-64.32%	10.08%	19.44%	-44.51%
Free Cash Flow	-1,839	-307.94	-934.08	-845.23	250.87	482.16
Free Cash Flow Per Share	-2.01	-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	32.33%	38.67%	44.61%	54.14%	56.22%	44.64%
Operating Margin	-42.54%	-43.51%	-0.90%	22.27%	25.22%	28.21%
Profit Margin	15.37%	18.50%	15.67%	36.59%	42.79%	33.85%
Free Cash Flow Margin	-272.53%	-52.96%	-96.84%	-73.02%	28.51%	51.76%
EBITDA	-221.66	-194.41	22.92	286.47	247.08	285.22
EBITDA Margin	-32.85%	-33.44%	2.38%	24.75%	28.08%	30.62%
D&A For EBITDA	65.34	58.58	31.55	28.69	25.16	22.49
EBIT	-287.01	-253	-8.63	257.79	221.92	262.73
EBIT Margin	-42.54%	-43.51%	-0.90%	22.27%	25.22%	28.21%
Effective Tax Rate	161.35%	116.58%	50.41%	24.73%	24.16%	29.17%
Revenue as Reported	674.69	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.