Shandong Sacred Sun Power Sources Co.,Ltd (SHE:002580)

SHE:002580 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	3,309	2,962	2,752	2,646	2,010	1,701
Other Revenue	53.51	53.51	60.99	150.72	80.75	60.42
Revenue	3,363	3,015	2,813	2,796	2,091	1,761
Revenue Growth (YoY)	19.36%	7.17%	0.61%	33.76%	18.69%	-5.13%
Cost of Revenue	2,745	2,438	2,297	2,367	1,810	1,493
Gross Profit	618.16	577.37	516.58	429.59	280.14	268.62
Selling, General & Admin	185.7	169.3	173.42	145.92	116.68	92.83
Research & Development	103.82	97.31	91.02	87.32	66.98	67.5
Other Operating Expenses	131.34	116.69	100.62	90.22	79.29	68.15
Operating Expenses	441.51	402.92	367.51	339.3	265.3	226.96
Operating Income	176.65	174.44	149.07	90.29	14.84	41.66
Interest Expense	-11.21	-9.7	-7.32	-6.27	-7.14	-11.23
Interest & Investment Income	5.35	19.51	12.85	29.13	19.46	9.61
Currency Exchange Gain (Loss)	5.68	5.68	6.74	11.88	-9.53	-16.58
Other Non Operating Income (Expenses)	-0.66	-1.87	-1.11	3.86	-5.94	-0.81
EBT Excluding Unusual Items	175.81	188.07	160.23	128.89	11.68	22.64
Gain (Loss) on Sale of Investments	-1.63	-	-	-	-	-0.9
Gain (Loss) on Sale of Assets	-	-	0.11	-	0	0.63
Asset Writedown	-4.69	-0	-0.43	-	-3.19	-1.23
Legal Settlements	-	-	-	-	-	-4.55
Other Unusual Items	22.97	22.36	23.99	11.94	24.58	13.57
Pretax Income	192.46	210.42	183.9	140.83	33.07	30.16
Income Tax Expense	37.41	30.83	14.77	5.65	-1.14	1.17
Earnings From Continuing Operations	155.05	179.59	169.12	135.18	34.22	28.99
Minority Interest in Earnings	44.06	25.67	4.45	1.07	-0.26	-0.35
Net Income	199.1	205.26	173.58	136.25	33.95	28.65
Net Income to Common	199.1	205.26	173.58	136.25	33.95	28.65
Net Income Growth	15.80%	18.25%	27.40%	301.31%	18.52%	21.43%
Shares Outstanding (Basic)	462	456	457	454	485	358
Shares Outstanding (Diluted)	462	456	457	454	485	358
Shares Change (YoY)	1.93%	-0.14%	0.58%	-6.36%	35.45%	6.25%
EPS (Basic)	0.43	0.45	0.38	0.30	0.07	0.08
EPS (Diluted)	0.43	0.45	0.38	0.30	0.07	0.08
EPS Growth	13.61%	18.42%	26.67%	328.57%	-12.50%	14.29%
Free Cash Flow	56.01	66.92	-184.98	-137.75	-157.54	134.28
Free Cash Flow Per Share	0.12	0.15	-0.41	-0.30	-0.33	0.38
Dividend Per Share	0.040	0.040	0.057	0.019	-	0.025
Dividend Growth	-29.83%	-29.83%	200.00%	-	-	-
Gross Margin	18.38%	19.15%	18.36%	15.36%	13.40%	15.25%
Operating Margin	5.25%	5.79%	5.30%	3.23%	0.71%	2.37%
Profit Margin	5.92%	6.81%	6.17%	4.87%	1.62%	1.63%
Free Cash Flow Margin	1.67%	2.22%	-6.58%	-4.93%	-7.54%	7.62%
EBITDA	263.7	250.49	210.45	149.34	67.17	78.64
EBITDA Margin	7.84%	8.31%	7.48%	5.34%	3.21%	4.46%
D&A For EBITDA	87.05	76.05	61.37	59.05	52.33	36.98
EBIT	176.65	174.44	149.07	90.29	14.84	41.66
EBIT Margin	5.25%	5.79%	5.30%	3.23%	0.71%	2.37%
Effective Tax Rate	19.44%	14.65%	8.03%	4.01%	-	3.87%
Revenue as Reported	3,363	3,015	2,813	2,796	2,091	1,761
Advertising Expenses	-	4.82	4.65	1.04	1.97	2.64

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