Shanghai QiFan Cable Co., Ltd (SHA:605222)

Shanghai QiFan Cable 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	22,063	22,273	22,775	20,058	18,345	9,489
Other Revenue	491.56	491.56	572.94	585.73	532.58	246.6
Revenue	22,555	22,764	23,348	20,644	18,878	9,736
Revenue Growth (YoY)	-1.10%	-2.50%	13.10%	9.36%	93.90%	27.31%
Cost of Revenue	21,400	21,685	21,980	19,216	17,245	8,777
Gross Profit	1,155	1,079	1,369	1,428	1,633	959.2
Selling, General & Admin	532.88	493.68	507.71	509.4	473.89	288.89
Research & Development	89.33	92.71	100.17	92.28	53.46	36.19
Other Operating Expenses	30.19	45.51	45.03	16.84	31.71	12.31
Operating Expenses	762.56	757.39	709.21	695.86	627.97	380.71
Operating Income	392.47	321.49	659.7	732.15	1,005	578.5
Interest Expense	-218.72	-204.56	-211.1	-197.89	-137.89	-68.66
Interest & Investment Income	12.92	12.92	15.07	11.38	37.24	3.67
Currency Exchange Gain (Loss)	0.92	0.92	2.34	8.18	-4.06	-0.35
Other Non Operating Income (Expenses)	-11.02	-14.04	-12.46	-8.7	-3.04	-3.93
EBT Excluding Unusual Items	176.58	116.73	453.54	545.12	896.8	509.23
Gain (Loss) on Sale of Investments	-55.27	-41.39	-5.3	-47.63	1	-
Gain (Loss) on Sale of Assets	-6.49	-0.58	-1.84	-0.14	-1.57	-0.6
Asset Writedown	1.58	-2.74	-	-0.81	-	-
Other Unusual Items	45.25	52.27	125.95	-1.61	15.58	44.16
Pretax Income	161.64	124.3	572.36	494.92	911.81	552.79
Income Tax Expense	12.94	-11.55	148.35	124.39	228.52	142.45
Earnings From Continuing Operations	148.7	135.85	424.01	370.54	683.29	410.34
Minority Interest in Earnings	0.04	-0.35	-0.82	-3.89	0.58	-
Net Income	148.74	135.5	423.19	366.64	683.88	410.34
Net Income to Common	148.74	135.5	423.19	366.64	683.88	410.34
Net Income Growth	-34.84%	-67.98%	15.42%	-46.39%	66.66%	23.10%
Shares Outstanding (Basic)	418	423	419	418	400	373
Shares Outstanding (Diluted)	418	423	465	467	425	373
Shares Change (YoY)	-8.85%	-8.95%	-0.36%	9.88%	13.87%	6.31%
EPS (Basic)	0.36	0.32	1.01	0.88	1.71	1.10
EPS (Diluted)	0.36	0.32	0.91	0.86	1.61	1.10
EPS Growth	-28.51%	-64.83%	5.81%	-46.58%	46.36%	15.79%
Free Cash Flow	-361.71	22.83	140.51	-2,056	-167.04	-1,588
Free Cash Flow Per Share	-0.86	0.05	0.30	-4.40	-0.39	-4.26
Dividend Per Share	0.040	0.040	0.160	0.106	0.245	0.125
Dividend Growth	-75.00%	-75.00%	50.94%	-56.73%	96.00%	-
Gross Margin	5.12%	4.74%	5.86%	6.92%	8.65%	9.85%
Operating Margin	1.74%	1.41%	2.83%	3.55%	5.32%	5.94%
Profit Margin	0.66%	0.60%	1.81%	1.78%	3.62%	4.21%
Free Cash Flow Margin	-1.60%	0.10%	0.60%	-9.96%	-0.89%	-16.31%
EBITDA	563.58	471.44	781.45	827.83	1,082	642.13
EBITDA Margin	2.50%	2.07%	3.35%	4.01%	5.73%	6.59%
D&A For EBITDA	171.11	149.96	121.75	95.68	77.15	63.63
EBIT	392.47	321.49	659.7	732.15	1,005	578.5
EBIT Margin	1.74%	1.41%	2.83%	3.55%	5.32%	5.94%
Effective Tax Rate	8.00%	-	25.92%	25.13%	25.06%	25.77%
Revenue as Reported	22,555	22,764	23,348	20,644	18,878	9,736
Advertising Expenses	-	3.77	6.67	65.07	69.17	14.91

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