Shenzhen Sea Star Technology Co.,Ltd (SHE:002137)

SHE:002137 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	584.15	591.13	589.03	626.26	907.49	752.12
Other Revenue	3.05	3.62	5.31	12.01	13.88	31.55
Revenue	587.2	594.74	594.33	638.27	921.37	783.67
Revenue Growth (YoY)	-5.39%	0.07%	-6.88%	-30.73%	17.57%	2.71%
Cost of Revenue	474.17	480.71	480.39	509.02	790.82	629.5
Gross Profit	113.03	114.04	113.94	129.25	130.55	154.17
Selling, General & Admin	57.3	57.57	51.29	66.55	70.64	82.22
Research & Development	31.89	30.72	35.62	33.63	45.73	42.78
Other Operating Expenses	2.01	1.11	0.68	3.3	2.84	3.12
Operating Expenses	91.15	90.35	84.3	99.48	132.96	122.4
Operating Income	21.88	23.69	29.64	29.77	-2.42	31.77
Interest Expense	-0.33	-0.33	-0.32	-0.24	-0.41	-0.18
Interest & Investment Income	18.31	17.95	12.55	13.55	18.72	20.34
Currency Exchange Gain (Loss)	1.35	3.85	1.26	8.02	-3.52	-16.98
Other Non Operating Income (Expenses)	-0.9	-0.8	-0.33	-1.27	-0.91	6.78
EBT Excluding Unusual Items	40.31	44.35	42.8	49.83	11.46	41.74
Impairment of Goodwill	-	-	-	-	-128.25	-2.14
Gain (Loss) on Sale of Investments	-61.35	-50.27	-44.69	-16.76	17.94	-25.78
Gain (Loss) on Sale of Assets	-0.4	-0.48	-0.05	102.73	-0.65	-0.31
Asset Writedown	-0.12	-0.06	-0.01	-8	-1.07	-0.02
Other Unusual Items	5.68	2.43	-0.72	33.64	0.11	7.31
Pretax Income	-15.88	-4.02	-2.67	161.45	-100.47	20.79
Income Tax Expense	6.31	6.77	-21.27	13.21	6.78	-7.86
Earnings From Continuing Operations	-22.18	-10.8	18.6	148.25	-107.25	28.66
Minority Interest in Earnings	-10.13	-12.61	-8.14	-4.05	11.92	-0.55
Net Income	-32.32	-23.41	10.46	144.19	-95.33	28.11
Net Income to Common	-32.32	-23.41	10.46	144.19	-95.33	28.11
Net Income Growth	-	-	-92.75%	-	-	-69.99%
Shares Outstanding (Basic)	578	578	578	577	577	577
Shares Outstanding (Diluted)	578	578	578	577	577	577
Shares Change (YoY)	-0.09%	0.02%	0.06%	0.01%	0.03%	-0.22%
EPS (Basic)	-0.06	-0.04	0.02	0.25	-0.17	0.05
EPS (Diluted)	-0.06	-0.04	0.02	0.25	-0.17	0.05
EPS Growth	-	-	-92.75%	-	-	-69.92%
Free Cash Flow	-22.19	48.55	-66.01	-80.68	27.98	102.04
Free Cash Flow Per Share	-0.04	0.08	-0.11	-0.14	0.05	0.18
Gross Margin	19.25%	19.17%	19.17%	20.25%	14.17%	19.67%
Operating Margin	3.73%	3.98%	4.99%	4.66%	-0.26%	4.05%
Profit Margin	-5.50%	-3.94%	1.76%	22.59%	-10.35%	3.59%
Free Cash Flow Margin	-3.78%	8.16%	-11.11%	-12.64%	3.04%	13.02%
EBITDA	43.9	45.27	43.06	40.03	10.14	43.89
EBITDA Margin	7.48%	7.61%	7.25%	6.27%	1.10%	5.60%
D&A For EBITDA	22.02	21.58	13.42	10.26	12.55	12.13
EBIT	21.88	23.69	29.64	29.77	-2.42	31.77
EBIT Margin	3.73%	3.98%	4.99%	4.66%	-0.26%	4.05%
Effective Tax Rate	-	-	-	8.18%	-	-
Revenue as Reported	587.2	594.74	594.33	638.27	921.37	783.67
Advertising Expenses	-	0.35	0.3	0.3	0.61	0.59

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