Hangzhou Shunwang Technology Co,Ltd (SHE:300113)

SHE:300113 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	1,840	1,433	1,124	1,142	1,044
Revenue	1,840	1,433	1,124	1,142	1,044
Revenue Growth (YoY)	28.37%	27.52%	-1.60%	9.37%	-33.59%
Cost of Revenue	1,083	725.85	566.78	449.12	397.56
Gross Profit	756.56	707.12	556.93	692.87	646.56
Selling, General & Admin	305.43	335.93	307.7	364.45	335.77
Research & Development	168.44	186.92	209.87	221.41	191.78
Other Operating Expenses	-3.48	1.59	3.92	4.91	0.38
Operating Expenses	470.39	524.51	521.17	591.06	527.28
Operating Income	286.17	182.61	35.75	101.81	119.28
Interest Expense	-	-1.71	-2.19	-2.28	-
Interest & Investment Income	25.52	38.79	43.47	41.1	38.11
Currency Exchange Gain (Loss)	-	0.04	0.05	-0.09	-0.23
Other Non Operating Income (Expenses)	9.04	-7.3	-3.13	-4.23	-8.94
EBT Excluding Unusual Items	320.73	212.44	73.96	136.32	148.22
Impairment of Goodwill	-	-2.55	-460.4	-53.23	-
Gain (Loss) on Sale of Investments	0.17	0.01	0.98	20.46	-9.21
Gain (Loss) on Sale of Assets	3.03	-2.96	-6.52	0	0.39
Asset Writedown	-0.83	-0.3	-0.14	-1.81	-0.41
Other Unusual Items	-	9.79	19.91	14.82	20.72
Pretax Income	323.09	216.43	-372.21	116.57	159.71
Income Tax Expense	40.51	23.83	11.2	34.59	44.28
Earnings From Continuing Operations	282.58	192.6	-383.41	81.97	115.42
Minority Interest in Earnings	-30.7	-23.1	-22.45	-20.8	-24.53
Net Income	251.88	169.5	-405.86	61.17	90.89
Net Income to Common	251.88	169.5	-405.86	61.17	90.89
Net Income Growth	48.60%	-	-	-32.70%	6.62%
Shares Outstanding (Basic)	681	678	676	680	699
Shares Outstanding (Diluted)	681	678	676	680	699
Shares Change (YoY)	0.41%	0.23%	-0.48%	-2.79%	6.62%
EPS (Basic)	0.37	0.25	-0.60	0.09	0.13
EPS (Diluted)	0.37	0.25	-0.60	0.09	0.13
EPS Growth	48.00%	-	-	-30.77%	-
Free Cash Flow	347.2	216.69	-10.01	228.8	-89.2
Free Cash Flow Per Share	0.51	0.32	-0.01	0.34	-0.13
Dividend Per Share	-	0.080	0.070	0.070	0.080
Dividend Growth	-	14.29%	-0.50%	-12.06%	-57.89%
Gross Margin	41.13%	49.35%	49.56%	60.67%	61.92%
Operating Margin	15.56%	12.74%	3.18%	8.91%	11.42%
Profit Margin	13.69%	11.83%	-36.12%	5.36%	8.71%
Free Cash Flow Margin	18.87%	15.12%	-0.89%	20.04%	-8.54%
EBITDA	307.83	202.3	65.31	128.66	138.34
EBITDA Margin	16.73%	14.12%	5.81%	11.27%	13.25%
D&A For EBITDA	21.66	19.69	29.55	26.85	19.06
EBIT	286.17	182.61	35.75	101.81	119.28
EBIT Margin	15.56%	12.74%	3.18%	8.91%	11.42%
Effective Tax Rate	12.54%	11.01%	-	29.68%	27.73%
Revenue as Reported	-	1,433	1,124	1,142	1,044
Advertising Expenses	-	33.44	37.98	45.45	44.01

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.