Shanghai Carthane Co.,Ltd. (SHA:603037)

Shanghai Carthane 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	771.77	742.73	732.63	632.38	547.34	490.99
Other Revenue	5.76	5.76	6.81	9.64	1.06	3.41
Revenue	777.53	748.48	739.44	642.02	548.4	494.4
Revenue Growth (YoY)	-1.36%	1.22%	15.17%	17.07%	10.92%	0.14%
Cost of Revenue	541	505.03	491.96	434.92	350.52	325.53
Gross Profit	236.53	243.45	247.49	207.1	197.89	168.87
Selling, General & Admin	88.38	95.36	102.09	82.37	58.95	62.47
Research & Development	60.42	50.31	65.17	58.08	47.34	34.31
Other Operating Expenses	-6.12	0.97	1.02	6.9	3.45	1.98
Operating Expenses	143.22	148.36	172.13	147.35	111.38	101.66
Operating Income	93.31	95.09	75.36	59.75	86.51	67.21
Interest Expense	-1.61	-1.33	-0.8	-1.1	-0.43	-
Interest & Investment Income	3.07	3.56	13.97	2.45	6.32	6.59
Currency Exchange Gain (Loss)	-0.27	-0.27	0.48	4.42	-2.19	-1.76
Other Non Operating Income (Expenses)	2.52	-0.18	-0.11	-0.06	-0.29	-0.08
EBT Excluding Unusual Items	97.02	96.88	88.9	65.46	89.91	71.95
Gain (Loss) on Sale of Investments	-16.27	-12.66	-0	-0.02	-	-
Gain (Loss) on Sale of Assets	0.01	-0.21	-0.01	0.16	-0.2	-0.25
Asset Writedown	0.17	-	-0.5	-	-	-
Legal Settlements	-	-	-	-0.28	-0.4	-0.11
Other Unusual Items	14.13	14.21	9.9	17.28	5.71	17.41
Pretax Income	95.06	98.23	98.29	82.61	95.03	89
Income Tax Expense	9.44	9.7	11.35	11.74	9.6	7.46
Earnings From Continuing Operations	85.62	88.53	86.94	70.86	85.43	81.54
Minority Interest in Earnings	1.62	1.86	4.89	7.18	-1.21	1.17
Net Income	87.25	90.39	91.83	78.05	84.22	82.72
Net Income to Common	87.25	90.39	91.83	78.05	84.22	82.72
Net Income Growth	-12.08%	-1.56%	17.66%	-7.33%	1.81%	2.08%
Shares Outstanding (Basic)	270	264	262	259	268	270
Shares Outstanding (Diluted)	270	264	262	259	268	270
Shares Change (YoY)	4.51%	0.48%	1.18%	-3.33%	-0.75%	0.78%
EPS (Basic)	0.32	0.34	0.35	0.30	0.31	0.31
EPS (Diluted)	0.32	0.34	0.35	0.30	0.31	0.31
EPS Growth	-15.87%	-2.03%	16.28%	-4.14%	2.58%	1.29%
Free Cash Flow	104.65	66.78	47.5	-49.78	37.9	123.54
Free Cash Flow Per Share	0.39	0.25	0.18	-0.19	0.14	0.46
Dividend Per Share	0.250	0.250	0.255	0.235	0.235	0.235
Dividend Growth	-2.00%	-2.00%	8.32%	-	-	9.08%
Gross Margin	30.42%	32.53%	33.47%	32.26%	36.08%	34.16%
Operating Margin	12.00%	12.70%	10.19%	9.31%	15.77%	13.59%
Profit Margin	11.22%	12.08%	12.42%	12.16%	15.36%	16.73%
Free Cash Flow Margin	13.46%	8.92%	6.42%	-7.75%	6.91%	24.99%
EBITDA	122.9	125.17	106.1	86.77	109.83	85.07
EBITDA Margin	15.81%	16.72%	14.35%	13.51%	20.03%	17.21%
D&A For EBITDA	29.59	30.08	30.74	27.02	23.33	17.86
EBIT	93.31	95.09	75.36	59.75	86.51	67.21
EBIT Margin	12.00%	12.70%	10.19%	9.31%	15.77%	13.59%
Effective Tax Rate	9.93%	9.88%	11.55%	14.22%	10.10%	8.38%
Revenue as Reported	777.53	748.48	739.44	642.02	548.4	494.4
Advertising Expenses	-	0.09	0.42	-	0.01	0.01

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.