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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022	Dec 31, 2020
Operating Revenue	923.28	964.37	1,109	1,211	1,043	916.39
Revenue	923.28	964.37	1,109	1,211	1,043	916.39
Revenue Growth (YoY)	-11.51%	-13.04%	-8.42%	16.10%	13.81%	5.71%
Cost of Revenue	721.65	738.38	816.22	870.87	741.01	648.57
Gross Profit	201.63	225.99	292.72	340.03	301.94	267.83
Selling, General & Admin	75.35	94.97	116.83	125.35	104.44	87.45
Research & Development	57	56.35	70.7	90.95	85.17	80.8
Other Operating Expenses	-4.05	-1.69	6.44	7.37	1.65	1.72
Operating Expenses	122.76	164.69	211.62	228.24	186.04	177.4
Operating Income	78.87	61.29	81.11	111.78	115.9	90.42
Interest Expense	-0.04	-0.15	-0.2	-0.34	-0.81	-0.6
Interest & Investment Income	0.68	3.92	8.29	4.76	7.88	10.67
Other Non Operating Income (Expenses)	-16.14	-0.44	-0.1	-0.13	-0.66	-0.26
EBT Excluding Unusual Items	63.37	64.63	89.1	116.08	122.31	100.22
Gain (Loss) on Sale of Assets	0	0	0.07	0.23	0	0
Asset Writedown	1.8	-	-	-	-	-
Other Unusual Items	4.3	3.68	3.5	0.6	3.07	9.4
Pretax Income	69.47	68.3	92.67	116.91	125.38	109.63
Income Tax Expense	5.99	4.1	5.49	4.41	6.98	8.18
Net Income	63.48	64.2	87.19	112.5	118.4	101.45
Net Income to Common	63.48	64.2	87.19	112.5	118.4	101.45
Net Income Growth	-20.33%	-26.37%	-22.50%	-4.98%	16.71%	-8.97%
Shares Outstanding (Basic)	421	425	425	422	422	422
Shares Outstanding (Diluted)	421	425	425	422	422	422
Shares Change (YoY)	-1.05%	-0.05%	0.62%	0.16%	-0.01%	-0.01%
EPS (Basic)	0.15	0.15	0.21	0.27	0.28	0.24
EPS (Diluted)	0.15	0.15	0.21	0.27	0.28	0.24
EPS Growth	-19.48%	-26.33%	-22.98%	-5.13%	16.71%	-8.97%
Free Cash Flow	34.63	76.18	-291.06	194.4	23.44	-44.42
Free Cash Flow Per Share	0.08	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	21.84%	23.43%	26.40%	28.08%	28.95%	29.23%
Operating Margin	8.54%	6.36%	7.31%	9.23%	11.11%	9.87%
Profit Margin	6.88%	6.66%	7.86%	9.29%	11.35%	11.07%
Free Cash Flow Margin	3.75%	7.90%	-26.25%	16.05%	2.25%	-4.85%
EBITDA	100.91	82.98	102.32	128.08	125.72	99.74
EBITDA Margin	10.93%	8.60%	9.23%	10.58%	12.05%	10.88%
D&A For EBITDA	22.04	21.69	21.21	16.29	9.83	9.31
EBIT	78.87	61.29	81.11	111.78	115.9	90.42
EBIT Margin	8.54%	6.36%	7.31%	9.23%	11.11%	9.87%
Effective Tax Rate	8.62%	6.01%	5.92%	3.77%	5.57%	7.46%
Revenue as Reported	387.46	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.