Shanghai Fudan Microelectronics Group Company Limited (SHA:688385)

SHA:688385 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,585	3,524	3,511	2,552	1,670
Other Revenue	5.29	11.87	28.34	25.29	20.6
Revenue	3,590	3,536	3,539	2,577	1,691
Revenue Growth (YoY)	1.53%	-0.07%	37.31%	52.42%	16.23%
Cost of Revenue	1,757	1,498	1,391	1,105	921.12
Gross Profit	1,834	2,038	2,148	1,473	769.78
Selling, General & Admin	394.2	403.77	356.28	279.63	217.82
Research & Development	1,031	1,011	735.42	691.64	490.55
Other Operating Expenses	-99.2	-9.06	-19.23	-4.37	-116.14
Operating Expenses	1,372	1,415	1,074	964.95	591.32
Operating Income	461.99	622.71	1,074	507.66	178.46
Interest Expense	-42.71	-27.99	-4.35	-4.53	-1.96
Interest & Investment Income	17.31	20.03	14.81	8.43	6.29
Currency Exchange Gain (Loss)	-2.47	-3	-1.77	-2.36	-7.18
Other Non Operating Income (Expenses)	-0.28	0.18	-0.94	-0.37	-0.23
EBT Excluding Unusual Items	433.84	611.93	1,081	508.84	175.38
Gain (Loss) on Sale of Investments	0.21	-1.4	-24.74	-1.77	-1.55
Gain (Loss) on Sale of Assets	2.12	1.24	1.33	0.52	-0.02
Asset Writedown	-0.18	-12.99	-2.5	-23.21	-1.95
Other Unusual Items	122.91	153.07	66.11	89.07	-1.81
Pretax Income	558.89	751.85	1,122	573.45	170.05
Income Tax Expense	-0.87	2.99	4.25	14.12	9.76
Earnings From Continuing Operations	559.76	748.86	1,117	559.32	160.28
Minority Interest in Earnings	12.84	-29.36	-40.42	-44.86	-27.41
Net Income	572.6	719.49	1,077	514.47	132.87
Net Income to Common	572.6	719.49	1,077	514.47	132.87
Net Income Growth	-20.42%	-33.18%	109.31%	287.20%	-
Shares Outstanding (Basic)	818	818	816	746	695
Shares Outstanding (Diluted)	818	827	822	746	695
Shares Change (YoY)	-1.09%	0.61%	10.25%	7.36%	-
EPS (Basic)	0.70	0.88	1.32	0.69	0.19
EPS (Diluted)	0.70	0.87	1.31	0.69	0.19
EPS Growth	-19.54%	-33.59%	89.85%	263.16%	-
Free Cash Flow	99.51	-1,559	-461.24	37.71	-8.65
Free Cash Flow Per Share	0.12	-1.89	-0.56	0.05	-0.01
Dividend Per Share	0.080	0.100	0.135	0.065	-
Dividend Growth	-20.00%	-25.93%	107.69%	-	-
Gross Margin	51.07%	57.64%	60.69%	57.14%	45.52%
Operating Margin	12.87%	17.61%	30.34%	19.70%	10.55%
Profit Margin	15.95%	20.35%	30.43%	19.96%	7.86%
Free Cash Flow Margin	2.77%	-44.09%	-13.03%	1.46%	-0.51%
EBITDA	652.51	850.89	1,185	707.57	330.33
EBITDA Margin	18.18%	24.06%	33.50%	27.45%	19.54%
D&A For EBITDA	190.52	228.17	111.81	199.91	151.87
EBIT	461.99	622.71	1,074	507.66	178.46
EBIT Margin	12.87%	17.61%	30.34%	19.70%	10.55%
Effective Tax Rate	-	0.40%	0.38%	2.46%	5.74%
Revenue as Reported	3,590	3,536	3,539	2,577	-
Advertising Expenses	7.43	6.44	2.55	4.45	-

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.