Shenzhen Textile (Holdings) Co., Ltd. (SHE:000045)

SHE:000045 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	3,275	3,031	2,802	2,302	2,097
Other Revenue	60.13	48.5	35.78	27.76	11.53
Revenue	3,335	3,080	2,838	2,330	2,109
Revenue Growth (YoY)	8.30%	8.52%	21.80%	10.48%	-2.28%
Cost of Revenue	2,919	2,688	2,558	2,037	1,882
Gross Profit	415.88	391.96	280.28	292.7	227.36
Selling, General & Admin	176.61	168.57	164.35	160.06	132.23
Research & Development	103.81	104.65	80.52	103.51	67.16
Other Operating Expenses	-31.25	-41.45	-7.39	-9.12	-22.16
Operating Expenses	244.08	227.64	249.06	251.95	185.71
Operating Income	171.81	164.32	31.21	40.75	41.64
Interest Expense	-17.86	-27.34	-31.13	-14.31	-0.23
Interest & Investment Income	7.27	23.78	27.71	24.32	26.3
Currency Exchange Gain (Loss)	3.77	-4.33	14.57	20.98	-8.11
Other Non Operating Income (Expenses)	-5.3	-12.11	1.89	-15.4	-5.54
EBT Excluding Unusual Items	159.69	144.31	44.26	56.35	54.07
Gain (Loss) on Sale of Investments	0.97	2.15	-	2.15	2.69
Gain (Loss) on Sale of Assets	-	0	6.34	-0.97	0.27
Asset Writedown	-8.94	-	-18.87	-0.03	-6.47
Legal Settlements	-	-	-	-	-0.14
Other Unusual Items	1.13	-0.12	4.97	16.21	1.29
Pretax Income	152.88	146.54	44.35	77.19	51.7
Income Tax Expense	9.83	19.41	-67.44	11.12	8.2
Earnings From Continuing Operations	143.06	127.14	111.79	66.07	43.5
Minority Interest in Earnings	-53.69	-47.87	-38.48	-10.33	-6.23
Net Income	89.37	79.27	73.31	55.73	37.27
Net Income to Common	89.37	79.27	73.31	55.73	37.27
Net Income Growth	12.75%	8.13%	31.54%	49.55%	89.37%
Shares Outstanding (Basic)	497	495	524	507	532
Shares Outstanding (Diluted)	497	495	524	507	532
Shares Change (YoY)	0.22%	-5.39%	3.35%	-4.83%	8.21%
EPS (Basic)	0.18	0.16	0.14	0.11	0.07
EPS (Diluted)	0.18	0.16	0.14	0.11	0.07
EPS Growth	12.50%	14.29%	27.27%	57.14%	75.00%
Free Cash Flow	201.82	120.7	367.03	-452.06	-562.08
Free Cash Flow Per Share	0.41	0.24	0.70	-0.89	-1.06
Dividend Per Share	0.071	0.065	0.060	0.050	0.030
Dividend Growth	9.23%	8.33%	20.00%	66.67%	-
Gross Margin	12.47%	12.73%	9.88%	12.56%	10.78%
Operating Margin	5.15%	5.34%	1.10%	1.75%	1.98%
Profit Margin	2.68%	2.57%	2.58%	2.39%	1.77%
Free Cash Flow Margin	6.05%	3.92%	12.93%	-19.40%	-26.65%
EBITDA	410.42	405.09	292.86	227.9	160.7
EBITDA Margin	12.31%	13.15%	10.32%	9.78%	7.62%
D&A For EBITDA	238.61	240.78	261.64	187.15	119.05
EBIT	171.81	164.32	31.21	40.75	41.64
EBIT Margin	5.15%	5.34%	1.10%	1.75%	1.98%
Effective Tax Rate	6.43%	13.24%	-	14.41%	15.87%
Revenue as Reported	-	-	-	-	2,109

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