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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	2,042	1,840	1,433	1,124	1,142	1,044
Revenue	2,042	1,840	1,433	1,124	1,142	1,044
Revenue Growth (YoY)	30.97%	28.37%	27.52%	-1.60%	9.37%	-33.59%
Cost of Revenue	1,218	1,079	725.85	566.78	449.12	397.56
Gross Profit	824.32	760.18	707.12	556.93	692.87	646.56
Selling, General & Admin	307.84	309.77	335.93	307.7	364.45	335.77
Research & Development	160.42	168.44	186.92	209.87	221.41	191.78
Other Operating Expenses	13.05	8.47	1.52	3.92	4.91	0.38
Operating Expenses	482.84	487.16	524.44	521.17	591.06	527.28
Operating Income	341.49	273.02	182.67	35.75	101.81	119.28
Interest Expense	-3.71	-3.79	-1.71	-2.19	-2.28	-
Interest & Investment Income	42.66	44.27	38.79	43.47	41.1	38.11
Currency Exchange Gain (Loss)	0.08	0.09	0.04	0.05	-0.09	-0.23
Other Non Operating Income (Expenses)	-5.35	-5.64	-7.3	-3.13	-4.23	-8.94
EBT Excluding Unusual Items	375.17	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	0.08	0.17	0.01	0.98	20.46	-9.21
Gain (Loss) on Sale of Assets	3.85	3.03	-2.96	-6.52	0	0.39
Asset Writedown	-0.27	-0.4	-0.3	-0.14	-1.81	-0.41
Other Unusual Items	15.54	12.45	9.72	19.91	14.82	20.72
Pretax Income	394.26	323.09	216.43	-372.21	116.57	159.71
Income Tax Expense	44.06	40.51	23.83	11.2	34.59	44.28
Earnings From Continuing Operations	350.19	282.58	192.6	-383.41	81.97	115.42
Minority Interest in Earnings	-32.24	-30.7	-23.1	-22.45	-20.8	-24.53
Net Income	317.95	251.88	169.5	-405.86	61.17	90.89
Net Income to Common	317.95	251.88	169.5	-405.86	61.17	90.89
Net Income Growth	56.62%	48.60%	-	-	-32.70%	6.62%
Shares Outstanding (Basic)	676	681	678	676	680	699
Shares Outstanding (Diluted)	676	681	678	676	680	699
Shares Change (YoY)	0.24%	0.41%	0.23%	-0.48%	-2.79%	6.62%
EPS (Basic)	0.47	0.37	0.25	-0.60	0.09	0.13
EPS (Diluted)	0.47	0.37	0.25	-0.60	0.09	0.13
EPS Growth	56.25%	48.00%	-	-	-30.77%	-
Free Cash Flow	261.26	347.2	216.69	-10.01	228.8	-89.2
Free Cash Flow Per Share	0.39	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	40.36%	41.32%	49.35%	49.56%	60.67%	61.92%
Operating Margin	16.72%	14.84%	12.75%	3.18%	8.91%	11.42%
Profit Margin	15.57%	13.69%	11.83%	-36.12%	5.36%	8.71%
Free Cash Flow Margin	12.79%	18.87%	15.12%	-0.89%	20.04%	-8.54%
EBITDA	360.6	292.6	210.68	65.31	128.66	138.34
EBITDA Margin	17.66%	15.91%	14.70%	5.81%	11.27%	13.25%
D&A For EBITDA	19.12	19.58	28.01	29.55	26.85	19.06
EBIT	341.49	273.02	182.67	35.75	101.81	119.28
EBIT Margin	16.72%	14.84%	12.75%	3.18%	8.91%	11.42%
Effective Tax Rate	11.18%	12.54%	11.01%	-	29.68%	27.73%
Revenue as Reported	2,042	1,840	1,433	1,124	1,142	1,044
Advertising Expenses	-	14.13	23.55	37.98	45.45	44.01

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.