Fujian Septwolves Industry Co., Ltd. (SHE:002029)

SHE:002029 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	2,917	3,085	3,367	3,087	3,399	3,200
Other Revenue	54.9	54.9	77.95	141.4	114.79	130.8
Revenue	2,971	3,140	3,445	3,228	3,514	3,330
Revenue Growth (YoY)	-8.88%	-8.84%	6.70%	-8.13%	5.52%	-8.08%
Cost of Revenue	1,663	1,794	2,059	2,125	2,244	2,236
Gross Profit	1,309	1,346	1,386	1,103	1,271	1,094
Selling, General & Admin	1,345	1,314	1,191	1,014	996.96	972.98
Research & Development	35.84	53.25	76.79	74.69	77.74	53.57
Other Operating Expenses	40.45	20.64	18.62	30.92	28.07	22.04
Operating Expenses	1,415	1,389	1,284	1,123	1,089	1,055
Operating Income	-106.13	-43.32	101.69	-20.08	181.87	38.63
Interest Expense	-24.79	-26.53	-43.48	-60.55	-56.79	-31.82
Interest & Investment Income	182.98	192.87	267.32	243.07	202.71	148.95
Currency Exchange Gain (Loss)	-0.55	-0.55	0.29	0.22	0.05	1.59
Other Non Operating Income (Expenses)	-9.47	-9.96	-6.14	3.8	4.83	-5.88
EBT Excluding Unusual Items	42.04	112.52	319.66	166.47	332.67	151.47
Gain (Loss) on Sale of Investments	368.53	206.46	-2.22	0.54	-23.57	71.14
Gain (Loss) on Sale of Assets	4.26	2.24	1.22	0.25	-0.32	-0.06
Asset Writedown	52.35	-0.3	-0.3	-0.21	-0.37	-0.46
Other Unusual Items	59.91	27.93	66.35	55.11	20.6	36.09
Pretax Income	527.08	348.86	384.72	222.17	329.01	258.2
Income Tax Expense	52.74	24.63	60.25	29.25	55.81	22.94
Earnings From Continuing Operations	474.35	324.23	324.47	192.92	273.2	235.26
Minority Interest in Earnings	-22.57	-39.68	-54.36	-42.27	-41.98	-26.29
Net Income	451.78	284.55	270.11	150.65	231.22	208.97
Net Income to Common	451.78	284.55	270.11	150.65	231.22	208.97
Net Income Growth	48.64%	5.34%	79.30%	-34.85%	10.65%	-39.83%
Shares Outstanding (Basic)	671	694	711	717	723	746
Shares Outstanding (Diluted)	671	694	711	717	723	746
Shares Change (YoY)	-7.43%	-2.36%	-0.91%	-0.72%	-3.18%	-1.15%
EPS (Basic)	0.67	0.41	0.38	0.21	0.32	0.28
EPS (Diluted)	0.67	0.41	0.38	0.21	0.32	0.28
EPS Growth	60.57%	7.90%	80.95%	-34.38%	14.29%	-39.13%
Free Cash Flow	206.87	102.98	231.57	127.02	431.96	453.55
Free Cash Flow Per Share	0.31	0.15	0.33	0.18	0.60	0.61
Dividend Per Share	0.100	0.100	0.120	-	-	0.100
Dividend Growth	-16.67%	-16.67%	-	-	-	-
Gross Margin	44.05%	42.85%	40.23%	34.16%	36.16%	32.85%
Operating Margin	-3.57%	-1.38%	2.95%	-0.62%	5.17%	1.16%
Profit Margin	15.20%	9.06%	7.84%	4.67%	6.58%	6.28%
Free Cash Flow Margin	6.96%	3.28%	6.72%	3.93%	12.29%	13.62%
EBITDA	-28.8	41.82	197.24	80.23	283.22	140.39
EBITDA Margin	-0.97%	1.33%	5.73%	2.48%	8.06%	4.21%
D&A For EBITDA	77.32	85.14	95.56	100.31	101.35	101.76
EBIT	-106.13	-43.32	101.69	-20.08	181.87	38.63
EBIT Margin	-3.57%	-1.38%	2.95%	-0.62%	5.17%	1.16%
Effective Tax Rate	10.01%	7.06%	15.66%	13.17%	16.96%	8.88%
Revenue as Reported	2,971	3,140	3,445	3,228	3,514	3,330
Advertising Expenses	-	161.85	164.2	117.26	153.72	156.11

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.