Jiangsu Shemar Electric Co.,Ltd (SHA:603530)

SHA:603530 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	1,453	1,311	940.17	732.15	723.69	655.64
Other Revenue	44.58	33.68	18.93	5.25	7.49	7.34
Revenue	1,498	1,345	959.1	737.4	731.17	662.97
Revenue Growth (YoY)	36.80%	40.22%	30.06%	0.85%	10.29%	5.44%
Cost of Revenue	864.58	765.78	577.23	556.65	477.11	374.86
Gross Profit	633.31	579.11	381.88	180.75	254.07	288.11
Selling, General & Admin	198.02	172.36	160.46	116.25	113	84.18
Research & Development	62.9	54	55.65	46.09	38.3	28.36
Other Operating Expenses	6.74	5.42	13.24	8.26	9.6	8.76
Operating Expenses	266.31	231.2	228.56	163.52	163.02	124.12
Operating Income	367	347.91	153.31	17.23	91.05	164
Interest Expense	-4.54	-0.56	-	-1.51	-0.03	-0.01
Interest & Investment Income	7.85	8.25	13.5	10.8	8.47	7.36
Currency Exchange Gain (Loss)	11.76	3.18	11.58	9.61	-10.49	-5.69
Other Non Operating Income (Expenses)	-0.24	-0.45	-0.56	-1.52	-0.61	-0.31
EBT Excluding Unusual Items	381.84	358.33	177.83	34.61	88.38	165.35
Gain (Loss) on Sale of Investments	-0.59	-	-	-5.03	-0.42	0.53
Gain (Loss) on Sale of Assets	-3.5	-2.37	-0.7	-0.08	-0.01	-0.02
Asset Writedown	-	-	-	-	2.26	-1.85
Other Unusual Items	9.85	9.42	9.56	23.22	27.37	11.07
Pretax Income	387.6	365.38	186.69	52.71	117.58	175.09
Income Tax Expense	57.68	54.65	28.29	3.59	17.01	44.39
Net Income	329.92	310.73	158.4	49.13	100.57	130.7
Net Income to Common	329.92	310.73	158.4	49.13	100.57	130.7
Net Income Growth	32.68%	96.17%	222.43%	-51.15%	-23.05%	2.71%
Shares Outstanding (Basic)	423	426	428	447	419	396
Shares Outstanding (Diluted)	423	426	428	447	419	396
Shares Change (YoY)	-1.69%	-0.57%	-4.14%	6.58%	5.80%	5.83%
EPS (Basic)	0.78	0.73	0.37	0.11	0.24	0.33
EPS (Diluted)	0.78	0.73	0.37	0.11	0.24	0.33
EPS Growth	34.97%	97.30%	236.36%	-54.17%	-27.27%	-2.94%
Free Cash Flow	-100.99	65.1	58.75	-117.26	-17.71	62.23
Free Cash Flow Per Share	-0.24	0.15	0.14	-0.26	-0.04	0.16
Dividend Per Share	0.460	0.460	0.260	0.050	0.100	0.130
Dividend Growth	76.92%	76.92%	420.00%	-50.00%	-23.08%	-40.91%
Gross Margin	42.28%	43.06%	39.82%	24.51%	34.75%	43.46%
Operating Margin	24.50%	25.87%	15.98%	2.34%	12.45%	24.74%
Profit Margin	22.03%	23.10%	16.52%	6.66%	13.76%	19.71%
Free Cash Flow Margin	-6.74%	4.84%	6.13%	-15.90%	-2.42%	9.39%
EBITDA	447.48	426.11	225.9	74.86	141.35	205.95
EBITDA Margin	29.87%	31.68%	23.55%	10.15%	19.33%	31.06%
D&A For EBITDA	80.48	78.2	72.59	57.63	50.3	41.96
EBIT	367	347.91	153.31	17.23	91.05	164
EBIT Margin	24.50%	25.87%	15.98%	2.34%	12.45%	24.74%
Effective Tax Rate	14.88%	14.96%	15.15%	6.80%	14.46%	25.35%
Revenue as Reported	1,498	1,345	959.1	737.4	731.17	662.97
Advertising Expenses	-	0.66	1.33	0.08	-	-

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