Hangzhou Shunwang Technology Co,Ltd (SHE:300113)

SHE:300113 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	2,005	1,840	1,433	1,124	1,142	1,044
Revenue	2,005	1,840	1,433	1,124	1,142	1,044
Revenue Growth (YoY)	35.44%	28.37%	27.52%	-1.60%	9.37%	-33.59%
Cost of Revenue	1,224	1,079	725.85	566.78	449.12	397.56
Gross Profit	781.76	760.18	707.12	556.93	692.87	646.56
Selling, General & Admin	310.38	309.77	335.93	307.7	364.45	335.77
Research & Development	164.11	168.44	186.92	209.87	221.41	191.78
Other Operating Expenses	10.98	8.47	1.52	3.92	4.91	0.38
Operating Expenses	487.78	487.16	524.44	521.17	591.06	527.28
Operating Income	293.98	273.02	182.67	35.75	101.81	119.28
Interest Expense	-3.77	-3.79	-1.71	-2.19	-2.28	-
Interest & Investment Income	42.47	44.27	38.79	43.47	41.1	38.11
Currency Exchange Gain (Loss)	0.09	0.09	0.04	0.05	-0.09	-0.23
Other Non Operating Income (Expenses)	-5.93	-5.64	-7.3	-3.13	-4.23	-8.94
EBT Excluding Unusual Items	326.84	307.95	212.5	73.96	136.32	148.22
Impairment of Goodwill	-0.11	-0.11	-2.55	-460.4	-53.23	-
Gain (Loss) on Sale of Investments	1.02	0.17	0.01	0.98	20.46	-9.21
Gain (Loss) on Sale of Assets	3.3	3.03	-2.96	-6.52	0	0.39
Asset Writedown	-0.4	-0.4	-0.3	-0.14	-1.81	-0.41
Other Unusual Items	13.82	12.45	9.72	19.91	14.82	20.72
Pretax Income	344.47	323.09	216.43	-372.21	116.57	159.71
Income Tax Expense	41.38	40.51	23.83	11.2	34.59	44.28
Earnings From Continuing Operations	303.09	282.58	192.6	-383.41	81.97	115.42
Minority Interest in Earnings	-31.18	-30.7	-23.1	-22.45	-20.8	-24.53
Net Income	271.91	251.88	169.5	-405.86	61.17	90.89
Net Income to Common	271.91	251.88	169.5	-405.86	61.17	90.89
Net Income Growth	49.44%	48.60%	-	-	-32.70%	6.62%
Shares Outstanding (Basic)	681	681	678	676	680	699
Shares Outstanding (Diluted)	681	681	678	676	680	699
Shares Change (YoY)	0.97%	0.41%	0.23%	-0.48%	-2.79%	6.62%
EPS (Basic)	0.40	0.37	0.25	-0.60	0.09	0.13
EPS (Diluted)	0.40	0.37	0.25	-0.60	0.09	0.13
EPS Growth	48.01%	48.00%	-	-	-30.77%	-
Free Cash Flow	261.04	347.2	216.69	-10.01	228.8	-89.2
Free Cash Flow Per Share	0.38	0.51	0.32	-0.01	0.34	-0.13
Dividend Per Share	0.090	0.090	0.080	0.070	0.070	0.080
Dividend Growth	12.05%	12.05%	14.75%	-0.50%	-12.06%	-57.89%
Gross Margin	38.98%	41.32%	49.35%	49.56%	60.67%	61.92%
Operating Margin	14.66%	14.84%	12.75%	3.18%	8.91%	11.42%
Profit Margin	13.56%	13.69%	11.83%	-36.12%	5.36%	8.71%
Free Cash Flow Margin	13.02%	18.87%	15.12%	-0.89%	20.04%	-8.54%
EBITDA	311.45	292.6	210.68	65.31	128.66	138.34
EBITDA Margin	15.53%	15.91%	14.70%	5.81%	11.27%	13.25%
D&A For EBITDA	17.47	19.58	28.01	29.55	26.85	19.06
EBIT	293.98	273.02	182.67	35.75	101.81	119.28
EBIT Margin	14.66%	14.84%	12.75%	3.18%	8.91%	11.42%
Effective Tax Rate	12.01%	12.54%	11.01%	-	29.68%	27.73%
Revenue as Reported	2,005	1,840	1,433	1,124	1,142	1,044
Advertising Expenses	-	14.13	23.55	37.98	45.45	44.01

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