Zhejiang Red Dragonfly Footwear Co., Ltd. (SHA:603116)

SHA:603116 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,760	1,897	2,228	2,065	2,332	2,432
Other Revenue	245.49	244.46	240.56	186.64	178.67	160.2
Revenue	2,005	2,142	2,469	2,251	2,511	2,592
Revenue Growth (YoY)	-15.92%	-13.25%	9.65%	-10.34%	-3.12%	-12.72%
Cost of Revenue	1,242	1,348	1,590	1,515	1,709	1,753
Gross Profit	762.72	793.14	878.18	736.4	801.67	839.33
Selling, General & Admin	801.51	801.85	805.26	782.97	762.43	716.06
Research & Development	30.33	33.53	34.83	41.22	39.24	38.15
Other Operating Expenses	17.83	15.96	16.54	13.14	13.51	20.2
Operating Expenses	877.87	865.52	878.59	843.19	828.96	800.51
Operating Income	-115.15	-72.38	-0.41	-106.79	-27.28	38.82
Interest Expense	-6.58	-9.14	-16.54	-15.89	-5.22	-7.26
Interest & Investment Income	23.73	40.54	69.32	58.32	55.77	53.79
Other Non Operating Income (Expenses)	-8.93	-4.35	-3.43	-2.95	-2.71	-2.39
EBT Excluding Unusual Items	-106.93	-45.33	48.94	-67.32	20.56	82.97
Impairment of Goodwill	-	-	-	-3.7	-	-
Gain (Loss) on Sale of Investments	-8.86	-9.37	32.99	16.78	46.59	-0.68
Gain (Loss) on Sale of Assets	6.08	0.17	1.05	-0.3	1.25	-0.2
Legal Settlements	0.38	-	-	6.11	5.47	3.54
Other Unusual Items	26.8	15.55	26.19	13.23	19.6	45.48
Pretax Income	-82.53	-38.97	109.17	-35.19	93.46	131.11
Income Tax Expense	38.86	38.18	37.57	-0.93	45.18	57.39
Earnings From Continuing Operations	-121.39	-77.16	71.6	-34.25	48.28	73.73
Minority Interest in Earnings	6.12	6.82	-19.65	-5.05	-25.75	4.88
Net Income	-115.27	-70.34	51.95	-39.3	22.53	78.61
Net Income to Common	-115.27	-70.34	51.95	-39.3	22.53	78.61
Net Income Growth	-	-	-	-	-71.34%	-39.83%
Shares Outstanding (Basic)	599	586	577	561	451	561
Shares Outstanding (Diluted)	599	586	577	561	451	561
Shares Change (YoY)	2.55%	1.55%	2.81%	24.62%	-19.77%	-5.45%
EPS (Basic)	-0.19	-0.12	0.09	-0.07	0.05	0.14
EPS (Diluted)	-0.19	-0.12	0.09	-0.07	0.05	0.14
EPS Growth	-	-	-	-	-64.29%	-36.36%
Free Cash Flow	127.63	24.45	305.52	46.61	68.96	230.18
Free Cash Flow Per Share	0.21	0.04	0.53	0.08	0.15	0.41
Dividend Per Share	0.250	0.250	0.200	0.350	0.250	0.270
Dividend Growth	25.00%	25.00%	-42.86%	40.00%	-7.41%	50.00%
Gross Margin	38.04%	37.04%	35.57%	32.71%	31.93%	32.38%
Operating Margin	-5.74%	-3.38%	-0.02%	-4.74%	-1.09%	1.50%
Profit Margin	-5.75%	-3.28%	2.10%	-1.75%	0.90%	3.03%
Free Cash Flow Margin	6.37%	1.14%	12.38%	2.07%	2.75%	8.88%
EBITDA	-48.6	-6.34	69.56	-36.33	45.82	112.47
EBITDA Margin	-2.42%	-0.30%	2.82%	-1.61%	1.82%	4.34%
D&A For EBITDA	66.55	66.04	69.97	70.46	73.1	73.65
EBIT	-115.15	-72.38	-0.41	-106.79	-27.28	38.82
EBIT Margin	-5.74%	-3.38%	-0.02%	-4.74%	-1.09%	1.50%
Effective Tax Rate	-	-	34.42%	-	48.34%	43.77%
Revenue as Reported	2,005	2,142	2,469	2,251	2,511	2,592
Advertising Expenses	-	74.3	82.13	72.3	93.47	87.94

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