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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	3,000	3,085	3,367	3,087	3,399	3,200
Other Revenue	53.15	54.9	77.95	141.4	114.79	130.8
Revenue	3,054	3,140	3,445	3,228	3,514	3,330
Revenue Growth (YoY)	-9.38%	-8.84%	6.70%	-8.13%	5.52%	-8.08%
Cost of Revenue	1,694	1,794	2,059	2,125	2,244	2,236
Gross Profit	1,360	1,346	1,386	1,103	1,271	1,094
Selling, General & Admin	1,389	1,314	1,191	1,014	996.96	972.98
Research & Development	39.28	53.25	76.79	74.69	77.74	53.57
Other Operating Expenses	38.64	20.64	18.62	30.92	28.07	22.04
Operating Expenses	1,468	1,389	1,284	1,123	1,089	1,055
Operating Income	-108.47	-43.32	101.69	-20.08	181.87	38.63
Interest Expense	-25.47	-26.53	-43.48	-60.55	-56.79	-31.82
Interest & Investment Income	175.25	192.87	267.32	243.07	202.71	148.95
Currency Exchange Gain (Loss)	-0.02	-0.55	0.29	0.22	0.05	1.59
Other Non Operating Income (Expenses)	-11.55	-9.96	-6.14	3.8	4.83	-5.88
EBT Excluding Unusual Items	29.74	112.52	319.66	166.47	332.67	151.47
Gain (Loss) on Sale of Investments	189.41	206.46	-2.22	0.54	-23.57	71.14
Gain (Loss) on Sale of Assets	3.28	2.24	1.22	0.25	-0.32	-0.06
Asset Writedown	-0.03	-0.3	-0.3	-0.21	-0.37	-0.46
Other Unusual Items	58.11	27.93	66.35	55.11	20.6	36.09
Pretax Income	280.51	348.86	384.72	222.17	329.01	258.2
Income Tax Expense	3.79	24.63	60.25	29.25	55.81	22.94
Earnings From Continuing Operations	276.72	324.23	324.47	192.92	273.2	235.26
Minority Interest in Earnings	-18.13	-39.68	-54.36	-42.27	-41.98	-26.29
Net Income	258.59	284.55	270.11	150.65	231.22	208.97
Net Income to Common	258.59	284.55	270.11	150.65	231.22	208.97
Net Income Growth	-13.55%	5.34%	79.30%	-34.85%	10.65%	-39.83%
Shares Outstanding (Basic)	684	694	711	717	723	746
Shares Outstanding (Diluted)	684	694	711	717	723	746
Shares Change (YoY)	-3.82%	-2.36%	-0.91%	-0.72%	-3.18%	-1.15%
EPS (Basic)	0.38	0.41	0.38	0.21	0.32	0.28
EPS (Diluted)	0.38	0.41	0.38	0.21	0.32	0.28
EPS Growth	-10.11%	7.90%	80.95%	-34.38%	14.29%	-39.13%
Free Cash Flow	80.92	102.98	231.57	127.02	431.96	453.55
Free Cash Flow Per Share	0.12	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	44.53%	42.85%	40.23%	34.16%	36.16%	32.85%
Operating Margin	-3.55%	-1.38%	2.95%	-0.62%	5.17%	1.16%
Profit Margin	8.47%	9.06%	7.84%	4.67%	6.58%	6.28%
Free Cash Flow Margin	2.65%	3.28%	6.72%	3.93%	12.29%	13.62%
EBITDA	-28.25	41.82	197.24	80.23	283.22	140.39
EBITDA Margin	-0.92%	1.33%	5.73%	2.48%	8.06%	4.21%
D&A For EBITDA	80.22	85.14	95.56	100.31	101.35	101.76
EBIT	-108.47	-43.32	101.69	-20.08	181.87	38.63
EBIT Margin	-3.55%	-1.38%	2.95%	-0.62%	5.17%	1.16%
Effective Tax Rate	1.35%	7.06%	15.66%	13.17%	16.96%	8.88%
Revenue as Reported	3,054	3,140	3,445	3,228	3,514	3,330
Advertising Expenses	-	161.85	164.2	117.26	153.72	156.11

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