Shenzhen China Bicycle Company (Holdings) Limited (SHE:000017)

SHE:000017 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	Jun 30, 2025	Dec 31, 2024	Jan 1, 2024	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	680.7	578.87	566.56	441.65	160.52	108.93
Other Revenue	5.62	1	1.92	3.11	4.73	8.93
Revenue	686.31	579.87	568.48	444.76	165.25	117.86
Revenue Growth (YoY)	40.36%	2.00%	27.82%	169.15%	40.21%	55.03%
Cost of Revenue	629.91	545.81	531.92	417	152.71	103.42
Gross Profit	56.4	34.06	36.56	27.77	12.54	14.44
Selling, General & Admin	15.71	11.31	12.75	13.21	9.46	7.32
Research & Development	0.67	0.64	1.27	0.92	2.04	2.51
Other Operating Expenses	0.56	0.46	1.03	3.75	0.11	0.1
Operating Expenses	19.06	13.47	17.84	33.35	13.96	10.52
Operating Income	37.35	20.59	18.72	-5.58	-1.42	3.92
Interest Expense	-0.59	-0.36	-0.06	-0.03	-0.11	-0.09
Interest & Investment Income	-	0.05	0.09	0.27	0.13	0.09
Currency Exchange Gain (Loss)	-0	-	-	-	-	-
Other Non Operating Income (Expenses)	0.05	-0.16	0.02	-0.1	0.82	0.07
EBT Excluding Unusual Items	36.8	20.12	18.78	-5.45	-0.58	3.99
Gain (Loss) on Sale of Investments	-0.17	-0.17	-	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-0.02	-	0.02
Asset Writedown	-	-	-0.01	-0.73	-	-
Legal Settlements	-	-	0.14	-0.88	-0.12	-0.5
Other Unusual Items	1.74	2.08	-0.32	0.36	-	1.25
Pretax Income	38.37	22.03	18.59	-6.71	-0.71	4.77
Income Tax Expense	9.12	6.19	0.59	1.27	0.93	0.39
Earnings From Continuing Operations	29.26	15.84	18.01	-7.98	-1.64	4.38
Minority Interest in Earnings	0.44	1.01	-0.1	0.37	-0.35	-0.59
Net Income	29.7	16.85	17.9	-7.62	-1.99	3.79
Net Income to Common	29.7	16.85	17.9	-7.62	-1.99	3.79
Net Income Growth	58.33%	-5.90%	-	-	-	-
Shares Outstanding (Basic)	691	690	597	762	497	549
Shares Outstanding (Diluted)	691	690	597	762	497	549
Shares Change (YoY)	15.43%	15.69%	-21.65%	53.35%	-9.48%	-0.75%
EPS (Basic)	0.04	0.02	0.03	-0.01	-0.00	0.01
EPS (Diluted)	0.04	0.02	0.03	-0.01	-0.00	0.01
EPS Growth	37.17%	-18.67%	-	-	-	-
Free Cash Flow	-5.2	-18.05	29.78	-261.46	15.66	3.92
Free Cash Flow Per Share	-0.01	-0.03	0.05	-0.34	0.03	0.01
Gross Margin	8.22%	5.87%	6.43%	6.24%	7.59%	12.25%
Operating Margin	5.44%	3.55%	3.29%	-1.26%	-0.86%	3.32%
Profit Margin	4.33%	2.90%	3.15%	-1.71%	-1.20%	3.21%
Free Cash Flow Margin	-0.76%	-3.11%	5.24%	-58.79%	9.47%	3.33%
EBITDA	37.62	20.79	18.9	-5.2	-1.05	5.05
EBITDA Margin	5.48%	3.58%	3.33%	-1.17%	-0.63%	4.29%
D&A For EBITDA	0.28	0.2	0.18	0.38	0.37	1.14
EBIT	37.35	20.59	18.72	-5.58	-1.42	3.92
EBIT Margin	5.44%	3.55%	3.29%	-1.26%	-0.86%	3.32%
Effective Tax Rate	23.76%	28.10%	3.16%	-	-	8.19%
Revenue as Reported	686.31	579.87	568.48	444.76	165.25	117.86

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