Hangzhou Star Shuaier Electric Appliance Co., Ltd. (SHE:002860)

SHE:002860 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	2,082	2,043	2,851	1,915	1,304	902.92
Other Revenue	34.35	34.35	28.23	34.31	64.21	24.06
Revenue	2,116	2,077	2,879	1,949	1,369	926.98
Revenue Growth (YoY)	-23.54%	-27.84%	47.68%	42.43%	47.64%	30.89%
Cost of Revenue	1,778	1,747	2,467	1,660	1,076	684.56
Gross Profit	338.33	329.99	411.49	288.82	292.71	242.42
Selling, General & Admin	73.28	85.6	114.69	93.97	73.65	68.48
Research & Development	55.54	52.87	70.23	65.8	49.19	37.18
Other Operating Expenses	-2.45	-2.48	-5.96	3.52	2.67	1.69
Operating Expenses	132.1	139.86	185.14	180.02	129.49	113.81
Operating Income	206.23	190.13	226.35	108.79	163.21	128.61
Interest Expense	-39.74	-38.66	-12.46	-3.1	-18.55	-18.5
Interest & Investment Income	18.69	19.72	13.69	8.29	12.05	13.81
Currency Exchange Gain (Loss)	2.31	2.31	-0.73	1.81	-0.91	-1.23
Other Non Operating Income (Expenses)	-1.62	-1.12	-0.89	-0.95	-0.52	1.7
EBT Excluding Unusual Items	185.88	172.38	225.97	114.85	155.27	124.4
Gain (Loss) on Sale of Investments	6.09	3.18	-2.72	0.03	0.47	0.56
Gain (Loss) on Sale of Assets	-8.66	-8.7	0.13	-0	-0.09	-0.5
Asset Writedown	-21.89	-22.2	-0.07	-0.17	-0.54	-1.25
Other Unusual Items	13.37	13.36	18.15	15.67	10.52	1.39
Pretax Income	174.79	158.03	241.46	130.38	165.63	124.6
Income Tax Expense	16.27	10.99	28.55	7.06	14.16	14.32
Earnings From Continuing Operations	158.53	147.04	212.92	123.32	151.47	110.28
Minority Interest in Earnings	-3.35	-3.35	-10.43	-4.21	-7.6	-2.41
Net Income	155.17	143.69	202.48	119.11	143.87	107.86
Net Income to Common	155.17	143.69	202.48	119.11	143.87	107.86
Net Income Growth	-26.19%	-29.03%	70.00%	-17.21%	33.38%	-17.91%
Shares Outstanding (Basic)	305	306	307	298	288	275
Shares Outstanding (Diluted)	313	306	307	298	288	275
Shares Change (YoY)	1.07%	-0.34%	3.03%	3.49%	4.81%	0.96%
EPS (Basic)	0.51	0.47	0.66	0.40	0.50	0.39
EPS (Diluted)	0.50	0.47	0.66	0.40	0.50	0.39
EPS Growth	-26.97%	-28.79%	65.00%	-20.00%	27.26%	-18.69%
Free Cash Flow	80.57	-49.91	241.27	26.12	10.55	33.7
Free Cash Flow Per Share	0.26	-0.16	0.79	0.09	0.04	0.12
Dividend Per Share	0.100	0.100	0.100	0.100	0.107	0.107
Dividend Growth	-	-	-	-6.63%	-	21.43%
Gross Margin	15.99%	15.89%	14.29%	14.82%	21.39%	26.15%
Operating Margin	9.75%	9.15%	7.86%	5.58%	11.93%	13.88%
Profit Margin	7.33%	6.92%	7.03%	6.11%	10.51%	11.64%
Free Cash Flow Margin	3.81%	-2.40%	8.38%	1.34%	0.77%	3.64%
EBITDA	263.51	246.1	277.12	153.79	200.55	163.23
EBITDA Margin	12.45%	11.85%	9.63%	7.89%	14.65%	17.61%
D&A For EBITDA	57.27	55.97	50.77	44.99	37.34	34.61
EBIT	206.23	190.13	226.35	108.79	163.21	128.61
EBIT Margin	9.75%	9.15%	7.86%	5.58%	11.93%	13.88%
Effective Tax Rate	9.31%	6.96%	11.82%	5.41%	8.55%	11.49%
Revenue as Reported	2,116	2,077	2,879	1,949	1,369	926.98

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