Chengdu Spaceon Electronics Co., Ltd. (SHE:002935)

SHE:002935 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022	Dec 31, 2020
Operating Revenue	903.44	964.37	1,109	1,211	1,043	916.39
Revenue	903.44	964.37	1,109	1,211	1,043	916.39
Revenue Growth (YoY)	-15.61%	-13.04%	-8.42%	16.10%	13.81%	5.71%
Cost of Revenue	695.03	738.38	816.22	870.87	741.01	648.57
Gross Profit	208.41	225.99	292.72	340.03	301.94	267.83
Selling, General & Admin	86.87	94.97	116.83	125.35	104.44	87.45
Research & Development	52.02	56.35	70.7	90.95	85.17	80.8
Other Operating Expenses	2.05	-1.69	6.44	7.37	1.65	1.72
Operating Expenses	156.61	164.69	211.62	228.24	186.04	177.4
Operating Income	51.81	61.29	81.11	111.78	115.9	90.42
Interest Expense	-0.11	-0.15	-0.2	-0.34	-0.81	-0.6
Interest & Investment Income	2.73	3.92	8.29	4.76	7.88	10.67
Other Non Operating Income (Expenses)	-2.51	-0.44	-0.1	-0.13	-0.66	-0.26
EBT Excluding Unusual Items	51.92	64.63	89.1	116.08	122.31	100.22
Gain (Loss) on Sale of Assets	0	0	0.07	0.23	0	0
Other Unusual Items	11.01	3.68	3.5	0.6	3.07	9.4
Pretax Income	62.94	68.3	92.67	116.91	125.38	109.63
Income Tax Expense	5.89	4.1	5.49	4.41	6.98	8.18
Net Income	57.05	64.2	87.19	112.5	118.4	101.45
Net Income to Common	57.05	64.2	87.19	112.5	118.4	101.45
Net Income Growth	-32.68%	-26.37%	-22.50%	-4.98%	16.71%	-8.97%
Shares Outstanding (Basic)	425	425	425	422	422	422
Shares Outstanding (Diluted)	425	425	425	422	422	422
Shares Change (YoY)	0.30%	-0.05%	0.62%	0.16%	-0.01%	-0.01%
EPS (Basic)	0.13	0.15	0.21	0.27	0.28	0.24
EPS (Diluted)	0.13	0.15	0.21	0.27	0.28	0.24
EPS Growth	-32.88%	-26.33%	-22.98%	-5.13%	16.71%	-8.97%
Free Cash Flow	16.47	76.18	-291.06	194.4	23.44	-44.42
Free Cash Flow Per Share	0.04	0.18	-0.69	0.46	0.06	-0.10
Dividend Per Share	0.050	0.050	0.067	0.096	0.074	0.123
Dividend Growth	-25.04%	-25.04%	-30.66%	30.00%	-39.98%	62.67%
Gross Margin	23.07%	23.43%	26.40%	28.08%	28.95%	29.23%
Operating Margin	5.73%	6.36%	7.31%	9.23%	11.11%	9.87%
Profit Margin	6.31%	6.66%	7.86%	9.29%	11.35%	11.07%
Free Cash Flow Margin	1.82%	7.90%	-26.25%	16.05%	2.25%	-4.85%
EBITDA	73.04	82.98	102.32	128.08	125.72	99.74
EBITDA Margin	8.09%	8.60%	9.23%	10.58%	12.05%	10.88%
D&A For EBITDA	21.24	21.69	21.21	16.29	9.83	9.31
EBIT	51.81	61.29	81.11	111.78	115.9	90.42
EBIT Margin	5.73%	6.36%	7.31%	9.23%	11.11%	9.87%
Effective Tax Rate	9.36%	6.01%	5.92%	3.77%	5.57%	7.46%
Revenue as Reported	903.44	964.37	1,109	1,211	1,043	916.39
Advertising Expenses	-	11.59	12.29	11.65	4.82	0.59

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