Shenyang Cuihua Gold and Silver Jewelry Co., Ltd. (SHE:002731)

SHE:002731 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	4,039	3,990	4,250	3,929	3,515	2,024
Other Revenue	447.52	447.52	315.09	276.42	165.03	85.74
Revenue	4,487	4,438	4,565	4,206	3,680	2,109
Revenue Growth (YoY)	13.38%	-2.78%	8.54%	14.29%	74.45%	-7.22%
Cost of Revenue	3,985	4,023	4,354	3,972	3,421	1,806
Gross Profit	501.52	414.94	210.65	234.15	259.35	303.75
Selling, General & Admin	149.75	146.97	127.56	107.92	137.77	141.53
Research & Development	6.23	4.03	16.86	-	1.52	1.55
Other Operating Expenses	16.27	15.96	13.33	11.89	13.35	9.6
Operating Expenses	160.91	166.55	145.98	119.84	142.07	167.1
Operating Income	340.61	248.4	64.67	114.31	117.28	136.65
Interest Expense	-101.3	-98.87	-74.72	-71.13	-73.28	-89
Interest & Investment Income	8.38	9.37	22.78	7.65	16.15	5.85
Currency Exchange Gain (Loss)	0.15	0.15	-0.15	-	-	-
Other Non Operating Income (Expenses)	-5.09	-6.01	-1.89	-0.76	-2.77	-1.26
EBT Excluding Unusual Items	242.75	153.04	10.69	50.08	57.37	52.25
Impairment of Goodwill	-76.48	-76.48	-71.36	-	-	-
Gain (Loss) on Sale of Investments	199.85	199.86	193	-0.27	-3.55	-0.44
Gain (Loss) on Sale of Assets	2.16	2.15	0.31	8.18	0.1	-
Asset Writedown	-58.1	-8.27	-	-	-	-
Other Unusual Items	1.77	1.13	4.58	10.18	-1.35	3.64
Pretax Income	311.95	271.43	137.22	68.17	52.57	55.45
Income Tax Expense	118.62	102.55	44.25	21.98	19.09	26.98
Earnings From Continuing Operations	193.33	168.89	92.98	46.19	33.48	28.47
Minority Interest in Earnings	49.11	47.81	79.74	0.89	0.61	0.34
Net Income	242.45	216.69	172.72	47.09	34.09	28.81
Net Income to Common	242.45	216.69	172.72	47.09	34.09	28.81
Net Income Growth	23.39%	25.46%	266.82%	38.13%	18.32%	-23.03%
Shares Outstanding (Basic)	257	256	256	256	256	262
Shares Outstanding (Diluted)	257	256	256	256	256	262
Shares Change (YoY)	1.11%	-	-	-	-2.20%	4.96%
EPS (Basic)	0.94	0.85	0.67	0.18	0.13	0.11
EPS (Diluted)	0.94	0.85	0.67	0.18	0.13	0.11
EPS Growth	22.71%	26.26%	264.50%	41.40%	18.18%	-26.67%
Free Cash Flow	37.01	-34.49	73.88	-56.68	108.35	130.43
Free Cash Flow Per Share	0.14	-0.14	0.29	-0.22	0.42	0.50
Dividend Per Share	0.090	0.090	0.071	0.010	0.010	0.015
Dividend Growth	26.76%	26.76%	610.00%	-	-33.33%	-
Gross Margin	11.18%	9.35%	4.61%	5.57%	7.05%	14.40%
Operating Margin	7.59%	5.60%	1.42%	2.72%	3.19%	6.48%
Profit Margin	5.40%	4.88%	3.78%	1.12%	0.93%	1.37%
Free Cash Flow Margin	0.83%	-0.78%	1.62%	-1.35%	2.94%	6.18%
EBITDA	409.38	308.1	88.1	131.21	134.85	155.38
EBITDA Margin	9.13%	6.94%	1.93%	3.12%	3.66%	7.37%
D&A For EBITDA	68.77	59.7	23.43	16.9	17.58	18.73
EBIT	340.61	248.4	64.67	114.31	117.28	136.65
EBIT Margin	7.59%	5.60%	1.42%	2.72%	3.19%	6.48%
Effective Tax Rate	38.02%	37.78%	32.25%	32.24%	36.32%	48.66%
Revenue as Reported	4,487	4,438	4,565	4,206	3,680	2,109
Advertising Expenses	-	3.95	3.44	3.44	16.23	12.59

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