Shenzhen Topband Co., Ltd. (SHE:002139)

Shenzhen Topband 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	10,856	10,400	8,935	8,836	7,718	5,510
Other Revenue	131.68	101.48	57.47	38.71	49.06	50.52
Revenue	10,988	10,501	8,992	8,875	7,767	5,560
Revenue Growth (YoY)	12.67%	16.78%	1.32%	14.27%	39.69%	35.65%
Cost of Revenue	8,617	8,169	7,060	7,159	6,217	4,271
Gross Profit	2,370	2,332	1,933	1,716	1,550	1,289
Selling, General & Admin	847.53	775.66	755.98	627.8	465.68	316.55
Research & Development	881.25	809.01	689.97	592.35	448.68	315.67
Other Operating Expenses	33.43	31.28	22.92	53.43	19.3	-13.58
Operating Expenses	1,781	1,634	1,472	1,321	1,019	607.99
Operating Income	589.05	697.96	460.64	395.46	530.75	680.88
Interest Expense	-37.67	-47.19	-38.09	-35.26	-24.68	-41.61
Interest & Investment Income	42.38	40.92	36.59	23.53	63.55	266.04
Currency Exchange Gain (Loss)	69.41	66.33	55.44	138.43	-44.68	-98.52
Other Non Operating Income (Expenses)	-4.82	-8.65	-8.89	-6.74	-6.04	-45.05
EBT Excluding Unusual Items	658.35	749.36	505.69	515.42	518.9	761.74
Impairment of Goodwill	-1.96	-1.96	-	-	-	-34.53
Gain (Loss) on Sale of Investments	-6.06	-5.95	1.3	87.82	85.67	-105.56
Gain (Loss) on Sale of Assets	-0.1	-2.69	-1.43	-1.61	-0.4	-0.93
Asset Writedown	-10.79	-9.58	-9.97	-1.53	-0.37	-1.23
Other Unusual Items	64.89	45.65	33.09	33.19	16.45	-
Pretax Income	704.33	774.82	528.68	633.28	620.24	619.48
Income Tax Expense	92.15	102.94	16.74	51.08	48.13	72.9
Earnings From Continuing Operations	612.19	671.88	511.95	582.2	572.11	546.58
Minority Interest in Earnings	0.51	-0.44	3.57	0.8	-7.15	-14.42
Net Income	612.69	671.44	515.51	583	564.96	532.16
Net Income to Common	612.69	671.44	515.51	583	564.96	532.16
Net Income Growth	-5.20%	30.25%	-11.58%	3.19%	6.16%	60.86%
Shares Outstanding (Basic)	1,205	1,221	1,257	1,267	1,202	1,043
Shares Outstanding (Diluted)	1,205	1,221	1,257	1,267	1,202	1,043
Shares Change (YoY)	-2.78%	-2.91%	-0.79%	5.44%	15.20%	0.93%
EPS (Basic)	0.51	0.55	0.41	0.46	0.47	0.51
EPS (Diluted)	0.51	0.55	0.41	0.46	0.47	0.51
EPS Growth	-2.49%	34.15%	-10.87%	-2.13%	-7.84%	59.38%
Free Cash Flow	168.17	343.87	669.03	-243.62	-1,079	74.11
Free Cash Flow Per Share	0.14	0.28	0.53	-0.19	-0.90	0.07
Dividend Per Share	0.070	0.070	0.060	0.060	0.050	0.050
Dividend Growth	16.67%	16.67%	-	20.00%	-	-
Gross Margin	21.57%	22.20%	21.49%	19.34%	19.96%	23.18%
Operating Margin	5.36%	6.65%	5.12%	4.46%	6.83%	12.25%
Profit Margin	5.58%	6.39%	5.73%	6.57%	7.27%	9.57%
Free Cash Flow Margin	1.53%	3.28%	7.44%	-2.74%	-13.89%	1.33%
EBITDA	923.44	1,015	736.33	626.97	702.36	815.76
EBITDA Margin	8.40%	9.67%	8.19%	7.06%	9.04%	14.67%
D&A For EBITDA	334.38	317.2	275.69	231.52	171.6	134.88
EBIT	589.05	697.96	460.64	395.46	530.75	680.88
EBIT Margin	5.36%	6.65%	5.12%	4.46%	6.83%	12.25%
Effective Tax Rate	13.08%	13.29%	3.17%	8.07%	7.76%	11.77%
Revenue as Reported	10,988	10,501	8,992	8,875	7,767	5,560
Advertising Expenses	-	19.55	11.94	7.56	4.57	0.59

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