Zhejiang Viewshine Intelligent Meter Co.,Ltd (SHE:002849)

SHE:002849 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	1,297	1,200	935.65	1,128	1,184
Other Revenue	-	43.54	16.89	17.4	14.16
Revenue	1,297	1,244	952.53	1,145	1,198
Revenue Growth (YoY)	4.32%	30.56%	-16.84%	-4.40%	11.55%
Cost of Revenue	878.28	864.69	671.99	825.49	865.47
Gross Profit	419.17	378.98	280.54	319.99	332.67
Selling, General & Admin	263.14	247.8	204.76	204.95	173.13
Research & Development	74.64	69.59	65.14	54.63	51.27
Other Operating Expenses	-31.77	-22.42	-17.77	-19.08	-16.32
Operating Expenses	306.02	303.98	251.25	260.72	222.39
Operating Income	113.15	74.99	29.3	59.26	110.28
Interest Expense	-	-5.62	-6.34	-1.83	-2.18
Interest & Investment Income	12.94	9.53	41.37	16.25	7.05
Currency Exchange Gain (Loss)	-	-0.11	0.33	0.01	-0.15
Other Non Operating Income (Expenses)	-16.63	-0.81	-0.63	-0.42	-0.43
EBT Excluding Unusual Items	109.45	77.99	64.03	73.28	114.58
Gain (Loss) on Sale of Investments	6.04	-26.77	-	-	-
Gain (Loss) on Sale of Assets	0.06	0.17	-0.01	-0	-
Asset Writedown	-59.02	-0.34	-0.04	-2.16	-0.06
Other Unusual Items	-	2.02	9.29	2	10.9
Pretax Income	56.53	53.08	73.27	73.11	125.41
Income Tax Expense	8.03	9.22	7.58	11.68	21.55
Earnings From Continuing Operations	48.5	43.86	65.69	61.43	103.87
Minority Interest in Earnings	-14.87	-9.9	-6.26	-9.45	-20.1
Net Income	33.63	33.96	59.44	51.98	83.77
Net Income to Common	33.63	33.96	59.44	51.98	83.77
Net Income Growth	-0.97%	-42.86%	14.36%	-37.95%	28.52%
Shares Outstanding (Basic)	224	226	198	187	183
Shares Outstanding (Diluted)	224	226	198	187	183
Shares Change (YoY)	-0.97%	14.27%	6.20%	1.80%	0.40%
EPS (Basic)	0.15	0.15	0.30	0.28	0.46
EPS (Diluted)	0.15	0.15	0.30	0.28	0.46
EPS Growth	-	-50.00%	7.68%	-39.05%	28.00%
Free Cash Flow	31.09	185.58	-121.79	-5.51	36.72
Free Cash Flow Per Share	0.14	0.82	-0.61	-0.03	0.20
Dividend Per Share	-	0.040	0.029	0.036	0.036
Dividend Growth	-	39.86%	-19.89%	-	-
Gross Margin	32.31%	30.47%	29.45%	27.93%	27.77%
Operating Margin	8.72%	6.03%	3.08%	5.17%	9.20%
Profit Margin	2.59%	2.73%	6.24%	4.54%	6.99%
Free Cash Flow Margin	2.40%	14.92%	-12.79%	-0.48%	3.06%
EBITDA	137.43	98.49	55.57	75.36	126.61
EBITDA Margin	10.59%	7.92%	5.83%	6.58%	10.57%
D&A For EBITDA	24.28	23.5	26.27	16.1	16.33
EBIT	113.15	74.99	29.3	59.26	110.28
EBIT Margin	8.72%	6.03%	3.08%	5.17%	9.20%
Effective Tax Rate	14.20%	17.36%	10.35%	15.98%	17.18%
Revenue as Reported	-	1,244	952.53	1,145	1,198
Advertising Expenses	-	1.6	0.61	1.32	1.37

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.