Shuhua Sports Co., Ltd. (SHA:605299)

Shuhua Sports 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,369	1,369	1,380	1,324	1,562	1,457
Other Revenue	47.61	47.61	42.37	27.52	-	27.55
Revenue	1,417	1,417	1,422	1,352	1,562	1,484
Revenue Growth (YoY)	-1.62%	-0.36%	5.23%	-13.47%	5.25%	11.27%
Cost of Revenue	987.14	988.79	1,006	956.29	1,127	1,037
Gross Profit	429.93	428.31	416.6	395.32	435.06	446.75
Selling, General & Admin	269.47	262.97	232.15	209.01	229.9	205.83
Research & Development	47.13	43.67	27.87	30.93	34.64	32.9
Other Operating Expenses	19.76	21.99	20.01	18.22	25.13	12.11
Operating Expenses	354.21	344.52	284.04	270.13	293.66	253.98
Operating Income	75.72	83.79	132.56	125.19	141.4	192.77
Interest Expense	-5.14	-5.39	-3.35	-5.38	-4.31	-12.35
Interest & Investment Income	5.67	4.1	6.16	7.48	7.13	2.79
Currency Exchange Gain (Loss)	3.45	3.45	0.63	0.99	0.13	-1.76
Other Non Operating Income (Expenses)	0.45	-0.14	20	-12.87	-8.6	-3.04
EBT Excluding Unusual Items	80.15	85.81	156	115.41	135.75	178.41
Gain (Loss) on Sale of Investments	5.31	7.9	7.01	0.57	0.94	-
Gain (Loss) on Sale of Assets	1.86	1.67	-0.04	-0.94	0.09	-0.31
Asset Writedown	1.55	-0.1	-	-	-0.43	-0.15
Other Unusual Items	15.99	16.77	3.17	20.81	12.14	-
Pretax Income	104.85	112.04	166.15	135.86	148.5	177.95
Income Tax Expense	20.05	21.71	37.18	26.3	32.71	41
Net Income	84.8	90.33	128.97	109.56	115.79	136.95
Net Income to Common	84.8	90.33	128.97	109.56	115.79	136.95
Net Income Growth	-33.66%	-29.96%	17.72%	-5.39%	-15.45%	-6.81%
Shares Outstanding (Basic)	411	411	416	406	414	360
Shares Outstanding (Diluted)	411	411	416	406	414	360
Shares Change (YoY)	-1.34%	-1.31%	2.53%	-1.88%	14.75%	0.54%
EPS (Basic)	0.21	0.22	0.31	0.27	0.28	0.38
EPS (Diluted)	0.21	0.22	0.31	0.27	0.28	0.38
EPS Growth	-32.76%	-29.03%	14.82%	-3.57%	-26.32%	-7.32%
Free Cash Flow	35.93	79.47	215.76	190.22	42.35	60.8
Free Cash Flow Per Share	0.09	0.19	0.52	0.47	0.10	0.17
Dividend Per Share	0.200	0.200	0.300	0.250	0.230	0.300
Dividend Growth	-33.33%	-33.33%	20.00%	8.70%	-23.33%	200.00%
Gross Margin	30.34%	30.22%	29.29%	29.25%	27.85%	30.10%
Operating Margin	5.34%	5.91%	9.32%	9.26%	9.05%	12.99%
Profit Margin	5.98%	6.38%	9.07%	8.11%	7.41%	9.23%
Free Cash Flow Margin	2.54%	5.61%	15.17%	14.07%	2.71%	4.10%
EBITDA	131.37	140.04	191.26	183.34	197.46	244.84
EBITDA Margin	9.27%	9.88%	13.45%	13.56%	12.64%	16.50%
D&A For EBITDA	55.65	56.26	58.7	58.14	56.06	52.07
EBIT	75.72	83.79	132.56	125.19	141.4	192.77
EBIT Margin	5.34%	5.91%	9.32%	9.26%	9.05%	12.99%
Effective Tax Rate	19.13%	19.37%	22.38%	19.36%	22.02%	23.04%
Revenue as Reported	1,417	1,417	1,422	1,352	1,562	1,484
Advertising Expenses	-	28.18	32.56	37.71	35.65	35.84

Updated Mar 11, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.