Shanghai Suochen Information Technology Co.,Ltd. (SHA:688507)

SHA:688507 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	385.74	378.81	318.99	268.03	191.3	161.38
Other Revenue	-	-	1.39	0.02	1.39	0.48
Revenue	385.74	378.81	320.38	268.05	192.69	161.86
Revenue Growth (YoY)	11.77%	18.24%	19.52%	39.11%	19.05%	39.73%
Cost of Revenue	112.84	106.61	97.94	98.08	51.48	29.09
Gross Profit	272.89	272.2	222.44	169.97	141.22	132.77
Selling, General & Admin	94.24	92.4	58.24	40.32	33.49	34.73
Research & Development	97.37	107.93	105.25	87.6	61.08	62.47
Other Operating Expenses	2.04	1.82	-2.81	-0.29	-27.86	-0.1
Operating Expenses	256.85	262.52	203.6	140.91	82.9	103.19
Operating Income	16.05	9.68	18.84	29.06	58.32	29.58
Interest Expense	-0.67	-0.56	-1.48	-2.59	-3.01	-1.1
Interest & Investment Income	25.73	32.74	31.98	0.61	1.47	1.17
Currency Exchange Gain (Loss)	0	0	0.01	0.03	-0.01	-0.05
Other Non Operating Income (Expenses)	0.17	0.19	0.07	1.64	2.02	-0.15
EBT Excluding Unusual Items	41.27	42.04	49.41	28.74	58.79	29.46
Impairment of Goodwill	-0.64	-0.64	-	-	-	-
Gain (Loss) on Sale of Investments	-0.12	-	-0.67	-	0.02	-
Gain (Loss) on Sale of Assets	0.05	0.05	0.04	-	-	-
Asset Writedown	-0.14	-0	-	-	-	-0.16
Other Unusual Items	3.55	3.54	7.12	29.15	0.2	9
Pretax Income	43.97	45	55.91	57.89	59.01	38.3
Income Tax Expense	-7.31	-2.37	-2.14	4.12	8.66	5.65
Earnings From Continuing Operations	51.28	47.37	58.05	53.77	50.36	32.65
Minority Interest in Earnings	-4.2	-5.92	-0.57	-	-	-
Net Income	47.09	41.45	57.48	53.77	50.36	32.65
Net Income to Common	47.09	41.45	57.48	53.77	50.36	32.65
Net Income Growth	-15.50%	-27.89%	6.89%	6.78%	54.24%	-
Shares Outstanding (Basic)	88	88	82	67	65	65
Shares Outstanding (Diluted)	88	88	82	67	65	65
Shares Change (YoY)	0.05%	7.40%	22.38%	3.60%	0.06%	-
EPS (Basic)	0.54	0.47	0.70	0.80	0.78	0.50
EPS (Diluted)	0.54	0.47	0.70	0.80	0.78	0.50
EPS Growth	-15.54%	-32.86%	-12.65%	3.07%	54.14%	-
Free Cash Flow	-209.26	-176.65	-91.96	-30.3	-96.74	28.14
Free Cash Flow Per Share	-2.38	-2.00	-1.12	-0.45	-1.49	0.43
Dividend Per Share	0.247	0.247	0.260	0.069	-	-
Dividend Growth	-5.11%	-5.11%	275.07%	-	-	-
Gross Margin	70.75%	71.86%	69.43%	63.41%	73.29%	82.03%
Operating Margin	4.16%	2.56%	5.88%	10.84%	30.26%	18.28%
Profit Margin	12.21%	10.94%	17.94%	20.06%	26.13%	20.17%
Free Cash Flow Margin	-54.25%	-46.63%	-28.70%	-11.30%	-50.20%	17.39%
EBITDA	20.45	16.88	37.22	45.89	71.76	38.43
EBITDA Margin	5.30%	4.46%	11.62%	17.12%	37.24%	23.74%
D&A For EBITDA	4.4	7.2	18.38	16.83	13.44	8.85
EBIT	16.05	9.68	18.84	29.06	58.32	29.58
EBIT Margin	4.16%	2.56%	5.88%	10.84%	30.26%	18.28%
Effective Tax Rate	-	-	-	7.11%	14.67%	14.76%
Revenue as Reported	385.74	378.81	320.38	268.05	-	-
Advertising Expenses	-	1.47	0.63	0.13	0.02	0.04

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.