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	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	3,990	4,250	3,929	3,515	2,024
Other Revenue	447.52	315.09	276.42	165.03	85.74
Revenue	4,438	4,565	4,206	3,680	2,109
Revenue Growth (YoY)	-2.78%	8.54%	14.29%	74.45%	-7.22%
Cost of Revenue	4,023	4,354	3,972	3,421	1,806
Gross Profit	414.94	210.65	234.15	259.35	303.75
Selling, General & Admin	146.97	127.56	107.92	137.77	141.53
Research & Development	4.03	16.86	-	1.52	1.55
Other Operating Expenses	15.96	13.33	11.89	13.35	9.6
Operating Expenses	166.55	145.98	119.84	142.07	167.1
Operating Income	248.4	64.67	114.31	117.28	136.65
Interest Expense	-98.87	-74.72	-71.13	-73.28	-89
Interest & Investment Income	9.37	22.78	7.65	16.15	5.85
Currency Exchange Gain (Loss)	0.15	-0.15	-	-	-
Other Non Operating Income (Expenses)	-6.01	-1.89	-0.76	-2.77	-1.26
EBT Excluding Unusual Items	153.04	10.69	50.08	57.37	52.25
Impairment of Goodwill	-76.48	-71.36	-	-	-
Gain (Loss) on Sale of Investments	199.86	193	-0.27	-3.55	-0.44
Gain (Loss) on Sale of Assets	2.15	0.31	8.18	0.1	-
Asset Writedown	-8.27	-	-	-	-
Other Unusual Items	1.13	4.58	10.18	-1.35	3.64
Pretax Income	271.43	137.22	68.17	52.57	55.45
Income Tax Expense	102.55	44.25	21.98	19.09	26.98
Earnings From Continuing Operations	168.89	92.98	46.19	33.48	28.47
Minority Interest in Earnings	47.81	79.74	0.89	0.61	0.34
Net Income	216.69	172.72	47.09	34.09	28.81
Net Income to Common	216.69	172.72	47.09	34.09	28.81
Net Income Growth	25.46%	266.82%	38.13%	18.32%	-23.03%
Shares Outstanding (Basic)	256	256	256	256	262
Shares Outstanding (Diluted)	256	256	256	256	262
Shares Change (YoY)	-	-	-	-2.20%	4.96%
EPS (Basic)	0.85	0.67	0.18	0.13	0.11
EPS (Diluted)	0.85	0.67	0.18	0.13	0.11
EPS Growth	26.26%	264.50%	41.40%	18.18%	-26.67%
Free Cash Flow	-34.49	73.88	-56.68	108.35	130.43
Free Cash Flow Per Share	-0.14	0.29	-0.22	0.42	0.50
Dividend Per Share	0.090	0.071	0.010	0.010	0.015
Dividend Growth	26.76%	610.00%	-	-33.33%	-
Gross Margin	9.35%	4.61%	5.57%	7.05%	14.40%
Operating Margin	5.60%	1.42%	2.72%	3.19%	6.48%
Profit Margin	4.88%	3.78%	1.12%	0.93%	1.37%
Free Cash Flow Margin	-0.78%	1.62%	-1.35%	2.94%	6.18%
EBITDA	308.1	88.1	131.21	134.85	155.38
EBITDA Margin	6.94%	1.93%	3.12%	3.66%	7.37%
D&A For EBITDA	59.7	23.43	16.9	17.58	18.73
EBIT	248.4	64.67	114.31	117.28	136.65
EBIT Margin	5.60%	1.42%	2.72%	3.19%	6.48%
Effective Tax Rate	37.78%	32.25%	32.24%	36.32%	48.66%
Revenue as Reported	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.