Shanghai Moons' Electric Co., Ltd. (SHA: 603728)

Shanghai Moons' Electric Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	2,501	2,542	2,960	2,713	2,212	2,055
Other Revenue	1.22	1.17	0.34	1.18	0.39	3.06
Revenue	2,502	2,543	2,960	2,714	2,213	2,058
Revenue Growth (YoY)	-16.56%	-14.09%	9.05%	22.66%	7.52%	8.65%
Cost of Revenue	1,605	1,623	1,852	1,703	1,334	1,295
Gross Profit	897.1	920.16	1,108	1,011	878.99	763.36
Selling, General & Admin	533.28	539.27	611.78	524.13	461.11	451.79
Research & Development	234	238.24	218.43	186.26	152.01	134.96
Other Operating Expenses	11.86	8.81	8.59	0.22	4.41	3.99
Operating Expenses	783.43	782.6	848.83	713.93	614.59	590.25
Operating Income	113.66	137.56	259.35	297.15	264.4	173.1
Interest Expense	-11.48	-13.61	-11.5	-4.34	-8.6	-9.87
Interest & Investment Income	8.39	5.91	2.83	2.25	9.42	16.29
Currency Exchange Gain (Loss)	6.28	7.11	21.57	-12.77	-17.84	3.95
Other Non Operating Income (Expenses)	-1.9	-2.21	-2.87	-2.65	-1.16	-2.56
EBT Excluding Unusual Items	114.96	134.77	269.38	279.64	246.23	180.91
Impairment of Goodwill	-	-	-	-	-18.4	-
Gain (Loss) on Sale of Investments	-0.93	-2.81	-	-	-0.02	0.02
Gain (Loss) on Sale of Assets	-0.04	-0.31	-0.64	-0.32	-3.28	-0.26
Asset Writedown	-	-	-	-	-2.27	-
Other Unusual Items	20.19	16.88	16.27	25.52	11.67	11.91
Pretax Income	134.18	148.53	285.02	304.84	233.93	192.58
Income Tax Expense	5.75	6.59	35.95	23.32	32.1	17.97
Earnings From Continuing Operations	128.43	141.94	249.07	281.52	201.83	174.61
Minority Interest in Earnings	-1.25	-1.49	-1.83	-1.88	-1.04	0.04
Net Income	127.19	140.44	247.24	279.64	200.79	174.64
Net Income to Common	127.19	140.44	247.24	279.64	200.79	174.64
Net Income Growth	-44.72%	-43.20%	-11.58%	39.27%	14.97%	4.67%
Shares Outstanding (Basic)	417	417	417	417	416	416
Shares Outstanding (Diluted)	419	421	421	419	416	416
Shares Change (YoY)	-0.67%	-0.10%	0.62%	0.68%	-0.01%	0.00%
EPS (Basic)	0.30	0.34	0.59	0.67	0.48	0.42
EPS (Diluted)	0.30	0.33	0.59	0.67	0.48	0.42
EPS Growth	-44.35%	-43.14%	-12.13%	38.33%	14.98%	4.66%
Free Cash Flow	63.08	8.15	-191.24	-13.57	184.62	64.58
Free Cash Flow Per Share	0.15	0.02	-0.45	-0.03	0.44	0.16
Dividend Per Share	0.040	0.040	0.070	0.100	0.049	0.042
Dividend Growth	-42.86%	-42.86%	-30.00%	104.08%	16.67%	2.44%
Gross Margin	35.86%	36.19%	37.44%	37.25%	39.72%	37.09%
Operating Margin	4.54%	5.41%	8.76%	10.95%	11.95%	8.41%
Profit Margin	5.08%	5.52%	8.35%	10.30%	9.07%	8.49%
Free Cash Flow Margin	2.52%	0.32%	-6.46%	-0.50%	8.34%	3.14%
EBITDA	206.48	216.92	320.88	354.65	319.34	223.82
EBITDA Margin	8.25%	8.53%	10.84%	13.07%	14.43%	10.88%
D&A For EBITDA	92.82	79.36	61.54	57.5	54.94	50.72
EBIT	113.66	137.56	259.35	297.15	264.4	173.1
EBIT Margin	4.54%	5.41%	8.76%	10.95%	11.95%	8.41%
Effective Tax Rate	4.28%	4.44%	12.61%	7.65%	13.72%	9.33%
Revenue as Reported	2,502	2,543	2,960	2,714	2,213	2,058
Advertising Expenses	-	8.39	7.24	6.22	4.38	10.42

Source: S&P Capital IQ. Standard template. Financial Sources.