Shijiazhuang Shangtai Technology Co., Ltd. (SHE:001301)

SHE:001301 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	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	6,299	5,038	4,169	4,639	2,286	670.24
Other Revenue	224.81	190.92	221.53	143.2	50.39	11.69
Revenue	6,524	5,229	4,391	4,782	2,336	681.92
Revenue Growth (YoY)	44.40%	19.10%	-8.18%	104.70%	242.57%	24.71%
Cost of Revenue	4,854	3,863	3,278	2,846	1,474	433.66
Gross Profit	1,669	1,366	1,112	1,936	861.64	248.26
Selling, General & Admin	101.01	89.23	85.98	80.16	51.76	35.5
Research & Development	211.67	175.33	124.79	106.22	54.75	22.15
Other Operating Expenses	38.52	-3.98	26.65	17.14	9.44	2.82
Operating Expenses	423.64	300.73	273.51	207.66	152.46	65.41
Operating Income	1,246	1,065	838.78	1,728	709.18	182.85
Interest Expense	-70.93	-49.39	-45.32	-93.76	-28.66	-2.42
Interest & Investment Income	3.91	8.91	18.53	0.52	0.57	0.42
Currency Exchange Gain (Loss)	0.35	0.2	-0.02	0.02	-0	-
Other Non Operating Income (Expenses)	-7.18	-6.68	-4.09	-6.49	-0.7	-0.2
EBT Excluding Unusual Items	1,172	1,018	807.88	1,628	680.39	180.65
Gain (Loss) on Sale of Investments	-1.71	-	-	-0.12	-	2.34
Gain (Loss) on Sale of Assets	-56.88	-45.68	-15.71	-0.02	0.22	-
Asset Writedown	-28.91	-12.78	-0	0.81	-	-0.44
Other Unusual Items	86.49	71.16	82.94	-32.47	-16.93	1.15
Pretax Income	1,171	1,031	875.1	1,597	663.69	183.7
Income Tax Expense	210.07	192.77	152.2	307.2	120.21	31.15
Net Income	960.91	838.33	722.9	1,289	543.48	152.56
Net Income to Common	960.91	838.33	722.9	1,289	543.48	152.56
Net Income Growth	42.37%	15.97%	-43.94%	137.26%	256.25%	72.51%
Shares Outstanding (Basic)	260	260	260	195	195	191
Shares Outstanding (Diluted)	260	260	260	195	195	191
Shares Change (YoY)	-0.04%	0.12%	33.50%	-0.01%	2.15%	-
EPS (Basic)	3.69	3.22	2.78	6.62	2.79	0.80
EPS (Diluted)	3.69	3.22	2.78	6.62	2.79	0.80
EPS Growth	42.43%	15.83%	-58.01%	137.28%	248.75%	-
Free Cash Flow	-1,334	-1,152	-686.34	-1,723	-467.47	-308.37
Free Cash Flow Per Share	-5.12	-4.42	-2.64	-8.85	-2.40	-1.62
Dividend Per Share	0.800	0.800	0.800	1.000	-	-
Dividend Growth	-	-	-20.00%	-	-	-
Gross Margin	25.59%	26.12%	25.33%	40.48%	36.88%	36.41%
Operating Margin	19.10%	20.37%	19.10%	36.14%	30.36%	26.81%
Profit Margin	14.73%	16.03%	16.46%	26.97%	23.26%	22.37%
Free Cash Flow Margin	-20.45%	-22.03%	-15.63%	-36.03%	-20.01%	-45.22%
EBITDA	1,544	1,332	1,088	1,852	776.02	192.73
EBITDA Margin	23.67%	25.47%	24.78%	38.73%	33.22%	28.26%
D&A For EBITDA	298.4	266.76	249.22	123.84	66.85	9.88
EBIT	1,246	1,065	838.78	1,728	709.18	182.85
EBIT Margin	19.10%	20.37%	19.10%	36.14%	30.36%	26.81%
Effective Tax Rate	17.94%	18.70%	17.39%	19.24%	18.11%	16.96%
Revenue as Reported	6,524	5,229	4,391	4,782	2,336	-
Advertising Expenses	-	0.52	0.62	0.39	0.44	0.19

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