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 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	2,628	2,415	2,542	2,960	2,713	2,212
Other Revenue	1.11	1.11	1.17	0.34	1.18	0.39
Revenue	2,629	2,416	2,543	2,960	2,714	2,213
Revenue Growth (YoY)	7.03%	-4.99%	-14.09%	9.05%	22.66%	7.52%
Cost of Revenue	1,699	1,532	1,623	1,852	1,703	1,334
Gross Profit	930.33	883.88	920.16	1,108	1,011	878.99
Selling, General & Admin	632.92	575.43	539.27	611.78	524.13	461.11
Research & Development	253.85	241.69	238.24	218.43	186.26	152.01
Other Operating Expenses	12.73	12.45	8.81	8.59	0.22	4.41
Operating Expenses	904.22	829.44	782.6	848.83	713.93	614.59
Operating Income	26.12	54.44	137.56	259.35	297.15	264.4
Interest Expense	-14.12	-11.71	-13.61	-11.5	-4.34	-8.6
Interest & Investment Income	13.02	12.38	5.91	2.83	2.25	9.42
Currency Exchange Gain (Loss)	11.01	11.01	7.11	21.57	-12.77	-17.84
Other Non Operating Income (Expenses)	-6.75	-1.85	-4.08	-2.87	-2.65	-1.16
EBT Excluding Unusual Items	29.28	64.27	132.9	269.38	279.64	246.23
Impairment of Goodwill	-	-	-	-	-	-18.4
Gain (Loss) on Sale of Investments	0.37	-0.18	-2.81	-	-	-0.02
Gain (Loss) on Sale of Assets	-0.25	-0.23	-0.32	-0.64	-0.32	-3.28
Asset Writedown	37.29	-	-	-	-	-2.27
Other Unusual Items	10.99	11.6	18.77	16.27	25.52	11.67
Pretax Income	77.68	75.47	148.53	285.02	304.84	233.93
Income Tax Expense	-4.22	-3.94	6.59	35.95	23.32	32.1
Earnings From Continuing Operations	81.9	79.41	141.94	249.07	281.52	201.83
Minority Interest in Earnings	-1.42	-1.5	-1.49	-1.83	-1.88	-1.04
Net Income	80.47	77.91	140.44	247.24	279.64	200.79
Net Income to Common	80.47	77.91	140.44	247.24	279.64	200.79
Net Income Growth	-22.45%	-44.53%	-43.20%	-11.58%	39.27%	14.97%
Shares Outstanding (Basic)	420	420	417	417	417	416
Shares Outstanding (Diluted)	420	420	421	421	419	416
Shares Change (YoY)	-0.01%	-0.29%	-0.10%	0.62%	0.68%	-0.01%
EPS (Basic)	0.19	0.19	0.34	0.59	0.67	0.48
EPS (Diluted)	0.19	0.19	0.33	0.59	0.67	0.48
EPS Growth	-22.44%	-44.37%	-43.14%	-12.13%	38.33%	14.98%
Free Cash Flow	-238.12	-51.57	8.15	-191.24	-13.57	184.62
Free Cash Flow Per Share	-0.57	-0.12	0.02	-0.45	-0.03	0.44
Dividend Per Share	0.024	0.024	0.040	0.070	0.100	0.049
Dividend Growth	-40.00%	-40.00%	-42.86%	-30.00%	104.08%	16.67%
Gross Margin	35.38%	36.59%	36.19%	37.44%	37.25%	39.72%
Operating Margin	0.99%	2.25%	5.41%	8.76%	10.95%	11.95%
Profit Margin	3.06%	3.23%	5.52%	8.35%	10.30%	9.07%
Free Cash Flow Margin	-9.06%	-2.14%	0.32%	-6.46%	-0.50%	8.34%
EBITDA	102.54	132.86	218.66	320.88	354.65	319.34
EBITDA Margin	3.90%	5.50%	8.60%	10.84%	13.07%	14.43%
D&A For EBITDA	76.42	78.43	81.1	61.54	57.5	54.94
EBIT	26.12	54.44	137.56	259.35	297.15	264.4
EBIT Margin	0.99%	2.25%	5.41%	8.76%	10.95%	11.95%
Effective Tax Rate	-	-	4.44%	12.61%	7.65%	13.72%
Revenue as Reported	2,629	2,416	2,543	2,960	2,714	2,213
Advertising Expenses	-	7.92	8.39	7.24	6.22	4.38

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