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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	2,455	2,542	2,960	2,713	2,212	2,055
Other Revenue	1.17	1.17	0.34	1.18	0.39	3.06
Revenue	2,456	2,543	2,960	2,714	2,213	2,058
Revenue Growth (YoY)	-10.73%	-14.09%	9.05%	22.66%	7.52%	8.65%
Cost of Revenue	1,550	1,623	1,852	1,703	1,334	1,295
Gross Profit	906	920.16	1,108	1,011	878.99	763.36
Selling, General & Admin	561.75	539.27	611.78	524.13	461.11	451.79
Research & Development	242.13	238.24	218.43	186.26	152.01	134.96
Other Operating Expenses	10.85	8.81	8.59	0.22	4.41	3.99
Operating Expenses	815.74	782.6	848.83	713.93	614.59	590.25
Operating Income	90.26	137.56	259.35	297.15	264.4	173.1
Interest Expense	-10.68	-13.61	-11.5	-4.34	-8.6	-9.87
Interest & Investment Income	9.98	5.91	2.83	2.25	9.42	16.29
Currency Exchange Gain (Loss)	7.11	7.11	21.57	-12.77	-17.84	3.95
Other Non Operating Income (Expenses)	-4.09	-2.21	-2.87	-2.65	-1.16	-2.56
EBT Excluding Unusual Items	92.58	134.77	269.38	279.64	246.23	180.91
Impairment of Goodwill	-	-	-	-	-18.4	-
Gain (Loss) on Sale of Investments	1.46	-2.81	-	-	-0.02	0.02
Gain (Loss) on Sale of Assets	-0.31	-0.31	-0.64	-0.32	-3.28	-0.26
Asset Writedown	-9	-	-	-	-2.27	-
Other Unusual Items	15.58	16.88	16.27	25.52	11.67	11.91
Pretax Income	100.32	148.53	285.02	304.84	233.93	192.58
Income Tax Expense	-4.84	6.59	35.95	23.32	32.1	17.97
Earnings From Continuing Operations	105.15	141.94	249.07	281.52	201.83	174.61
Minority Interest in Earnings	-1.39	-1.49	-1.83	-1.88	-1.04	0.04
Net Income	103.77	140.44	247.24	279.64	200.79	174.64
Net Income to Common	103.77	140.44	247.24	279.64	200.79	174.64
Net Income Growth	-39.39%	-43.20%	-11.58%	39.27%	14.97%	4.67%
Shares Outstanding (Basic)	417	417	417	417	416	416
Shares Outstanding (Diluted)	420	421	421	419	416	416
Shares Change (YoY)	-0.36%	-0.10%	0.62%	0.68%	-0.01%	0.01%
EPS (Basic)	0.25	0.34	0.59	0.67	0.48	0.42
EPS (Diluted)	0.25	0.33	0.59	0.67	0.48	0.42
EPS Growth	-39.17%	-43.14%	-12.13%	38.33%	14.98%	4.66%
Free Cash Flow	98.19	8.15	-191.24	-13.57	184.62	64.58
Free Cash Flow Per Share	0.23	0.02	-0.45	-0.03	0.44	0.15
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	36.88%	36.19%	37.44%	37.25%	39.72%	37.09%
Operating Margin	3.67%	5.41%	8.76%	10.95%	11.95%	8.41%
Profit Margin	4.22%	5.52%	8.35%	10.30%	9.07%	8.49%
Free Cash Flow Margin	4.00%	0.32%	-6.46%	-0.50%	8.34%	3.14%
EBITDA	182.99	216.92	320.88	354.65	319.34	223.82
EBITDA Margin	7.45%	8.53%	10.84%	13.07%	14.43%	10.88%
D&A For EBITDA	92.73	79.36	61.54	57.5	54.94	50.72
EBIT	90.26	137.56	259.35	297.15	264.4	173.1
EBIT Margin	3.67%	5.41%	8.76%	10.95%	11.95%	8.41%
Effective Tax Rate	-	4.44%	12.61%	7.65%	13.72%	9.33%
Revenue as Reported	2,456	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 Global Market Intelligence. Standard template. Financial Sources.