Shanghai Ace Investment&Development Co.,Ltd (SHA:603329)

SHA:603329 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	4,538	5,014	2,504	3,072	2,575	1,718
Other Revenue	18.13	18.13	15.33	16.64	18.45	15.4
Revenue	4,556	5,032	2,520	3,088	2,593	1,734
Revenue Growth (YoY)	20.98%	99.70%	-18.41%	19.10%	49.55%	-1.22%
Cost of Revenue	4,296	4,794	2,343	2,757	2,295	1,560
Gross Profit	260.32	237.96	176.55	330.91	298.37	173.58
Selling, General & Admin	138.75	150.3	151.14	144	118.43	78.42
Other Operating Expenses	8.35	8.88	1.28	8.69	4.96	3.59
Operating Expenses	151.27	164.27	153.45	153.62	136.39	92.88
Operating Income	109.04	73.69	23.1	177.29	161.98	80.7
Interest Expense	-52.25	-32.16	-19.07	-16.48	-9.37	-7.99
Interest & Investment Income	5.26	6.7	5.69	23.09	9.4	6.53
Currency Exchange Gain (Loss)	-3.52	-3.52	-3.79	0.58	1.7	3.59
Other Non Operating Income (Expenses)	-8.19	-0.88	-1.61	-0.16	-9.8	-13.03
EBT Excluding Unusual Items	50.34	43.83	4.32	184.33	153.9	69.81
Gain (Loss) on Sale of Investments	-0.2	-0.2	-0.03	-	-	0.35
Gain (Loss) on Sale of Assets	1.05	9.08	0.52	3.81	4.33	2.02
Asset Writedown	-20.56	-0	-0.01	-0.44	-0.01	-0.02
Other Unusual Items	28.01	8.07	3.88	11.91	2.6	7.71
Pretax Income	58.63	60.77	8.68	199.61	160.82	79.87
Income Tax Expense	27.65	23.08	1.74	47.74	27.13	17.68
Earnings From Continuing Operations	30.98	37.69	6.94	151.88	133.69	62.19
Minority Interest in Earnings	4.9	4.78	2.84	-2.68	3.48	2.07
Net Income	35.88	42.47	9.78	149.2	137.18	64.26
Net Income to Common	35.88	42.47	9.78	149.2	137.18	64.26
Net Income Growth	-27.93%	334.31%	-93.45%	8.76%	113.47%	-
Shares Outstanding (Basic)	203	206	206	206	198	172
Shares Outstanding (Diluted)	203	206	206	206	198	172
Shares Change (YoY)	-3.42%	-	-	4.40%	15.20%	-
EPS (Basic)	0.18	0.21	0.05	0.72	0.69	0.37
EPS (Diluted)	0.18	0.21	0.05	0.72	0.69	0.37
EPS Growth	-25.01%	345.39%	-93.61%	4.42%	84.87%	-
Free Cash Flow	-470.47	-600.1	-43.5	-17.89	-175.09	-234.63
Free Cash Flow Per Share	-2.31	-2.91	-0.21	-0.09	-0.89	-1.37
Dividend Per Share	0.023	0.023	0.077	0.231	0.231	0.115
Dividend Growth	-69.96%	-69.96%	-66.68%	-	100.00%	-
Gross Margin	5.71%	4.73%	7.01%	10.71%	11.51%	10.01%
Operating Margin	2.39%	1.46%	0.92%	5.74%	6.25%	4.65%
Profit Margin	0.79%	0.84%	0.39%	4.83%	5.29%	3.71%
Free Cash Flow Margin	-10.33%	-11.93%	-1.73%	-0.58%	-6.75%	-13.53%
EBITDA	157.29	120.13	67.13	216.79	188.69	99.14
EBITDA Margin	3.45%	2.39%	2.66%	7.02%	7.28%	5.72%
D&A For EBITDA	48.25	46.44	44.03	39.49	26.71	18.45
EBIT	109.04	73.69	23.1	177.29	161.98	80.7
EBIT Margin	2.39%	1.46%	0.92%	5.74%	6.25%	4.65%
Effective Tax Rate	47.16%	37.98%	20.06%	23.91%	16.87%	22.13%
Revenue as Reported	4,556	5,032	2,520	3,088	2,593	1,734
Advertising Expenses	-	0	0.07	0.02	0.28	0.01

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