Silvery Dragon Group Co., Ltd. Tianjin (SHA:603969)

SHA:603969 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	3,204	2,964	2,683	2,430	3,080	2,509
Other Revenue	90.11	90.11	65.81	33.93	69.42	48.54
Revenue	3,294	3,054	2,749	2,464	3,150	2,557
Revenue Growth (YoY)	12.31%	11.10%	11.57%	-21.78%	23.16%	-3.37%
Cost of Revenue	2,626	2,496	2,337	2,137	2,724	2,199
Gross Profit	668.23	557.55	411.3	326.87	425.42	358.09
Selling, General & Admin	67.36	142.23	117.9	93.2	100.96	84.96
Research & Development	119.54	103.81	84.36	68.61	66.34	61.1
Other Operating Expenses	-3.34	-10.84	-10.87	11.14	12.54	9.91
Operating Expenses	192.19	227.29	210.38	213.46	218.77	171.8
Operating Income	476.04	330.25	200.91	113.41	206.65	186.29
Interest Expense	-23.17	-20.57	-14.44	-22.31	-22.11	-21.57
Interest & Investment Income	4.69	5.31	14.27	20.07	13.72	18.4
Currency Exchange Gain (Loss)	6.75	6.75	6.93	15.63	-9.87	-3.52
Other Non Operating Income (Expenses)	-0.47	-1.54	2.72	-9.59	-8.46	-8.47
EBT Excluding Unusual Items	463.84	320.21	210.4	117.21	179.93	171.13
Gain (Loss) on Sale of Investments	-6.3	-6.3	-	-	-0.1	0.15
Gain (Loss) on Sale of Assets	-0.23	-0.15	-0.04	-0.42	-0.8	-0
Other Unusual Items	-6.9	-5.92	-1.28	8.83	4.41	-2.19
Pretax Income	450.4	307.84	209.08	125.61	183.44	169.09
Income Tax Expense	88.25	56.61	26.93	23.31	28.17	27.18
Earnings From Continuing Operations	362.15	251.23	182.15	102.3	155.26	141.91
Minority Interest in Earnings	-21.13	-14.58	-10.59	1.56	-8.62	-5.34
Net Income	341.03	236.65	171.56	103.86	146.64	136.57
Net Income to Common	341.03	236.65	171.56	103.86	146.64	136.57
Net Income Growth	53.53%	37.94%	65.18%	-29.17%	7.37%	-17.78%
Shares Outstanding (Basic)	853	845	858	866	815	854
Shares Outstanding (Diluted)	853	845	858	866	815	854
Shares Change (YoY)	-0.58%	-1.47%	-0.89%	6.24%	-4.56%	2.77%
EPS (Basic)	0.40	0.28	0.20	0.12	0.18	0.16
EPS (Diluted)	0.40	0.28	0.20	0.12	0.18	0.16
EPS Growth	54.43%	40.00%	66.67%	-33.33%	12.50%	-20.00%
Free Cash Flow	-47.57	-130.83	-102.88	122.51	-73.73	260.92
Free Cash Flow Per Share	-0.06	-0.15	-0.12	0.14	-0.09	0.31
Dividend Per Share	0.080	0.080	0.070	0.060	-	0.070
Dividend Growth	14.29%	14.29%	16.67%	-	-	16.67%
Gross Margin	20.28%	18.26%	14.96%	13.27%	13.51%	14.00%
Operating Margin	14.45%	10.81%	7.31%	4.60%	6.56%	7.29%
Profit Margin	10.35%	7.75%	6.24%	4.22%	4.66%	5.34%
Free Cash Flow Margin	-1.44%	-4.28%	-3.74%	4.97%	-2.34%	10.20%
EBITDA	512.39	366.47	236.95	157.94	259.27	238.49
EBITDA Margin	15.55%	12.00%	8.62%	6.41%	8.23%	9.33%
D&A For EBITDA	36.35	36.22	36.04	44.53	52.62	52.2
EBIT	476.04	330.25	200.91	113.41	206.65	186.29
EBIT Margin	14.45%	10.81%	7.31%	4.60%	6.56%	7.29%
Effective Tax Rate	19.59%	18.39%	12.88%	18.56%	15.36%	16.07%
Revenue as Reported	3,294	3,054	2,749	2,464	3,150	2,557
Advertising Expenses	-	0.07	0	0.65	0.07	0.38

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