Guangdong Silver Age Sci & Tech Co.,Ltd. (SHE:300221)

SHE:300221 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	2,254	2,017	1,665	1,846	2,251	1,640
Other Revenue	4.96	4.96	0.34	0.51	2.27	0.95
Revenue	2,259	2,022	1,665	1,846	2,253	1,641
Revenue Growth (YoY)	20.54%	21.38%	-9.79%	-18.07%	37.35%	8.55%
Cost of Revenue	1,835	1,688	1,390	1,556	1,894	1,339
Gross Profit	423.2	333.58	275.21	290.34	359.25	301.46
Selling, General & Admin	172.07	150.39	152.54	207.23	178.12	110.67
Research & Development	112.59	104.7	80.46	81.68	105.85	86.92
Other Operating Expenses	9.11	2.22	1.3	3.74	7.79	7.38
Operating Expenses	296.47	262.06	236.94	281.88	295.16	204.57
Operating Income	126.73	71.52	38.27	8.46	64.08	96.88
Interest Expense	-11	-10.71	-5.22	-8.72	-15.17	-11.83
Interest & Investment Income	1	2.44	7.98	5.04	9.86	2.64
Currency Exchange Gain (Loss)	1.63	1.63	1.14	3.48	-1.27	-3.31
Other Non Operating Income (Expenses)	-0.03	-0.33	-0.68	-0.33	20.6	-3.53
EBT Excluding Unusual Items	118.33	64.55	41.49	7.93	78.1	80.87
Impairment of Goodwill	-	-	-14.3	-	-	-
Gain (Loss) on Sale of Investments	-3.7	-1.86	-0.21	-0.16	1.59	2.17
Gain (Loss) on Sale of Assets	-1.31	-2.57	7.06	-0.35	-6.33	-2.45
Asset Writedown	-17.64	-11.23	-12.98	-6.24	-3.82	-3.04
Other Unusual Items	5.57	5.27	6.35	0.18	11.55	11.49
Pretax Income	101.35	54.25	27.48	1.59	81.09	89.04
Income Tax Expense	2.47	3.61	-0.02	4.54	4.99	-12
Earnings From Continuing Operations	98.88	50.64	27.49	-2.95	76.1	101.04
Minority Interest in Earnings	-1.87	0.81	-0.46	-2.52	-2.65	-0.01
Net Income	97.01	51.45	27.03	-5.46	73.46	101.03
Net Income to Common	97.01	51.45	27.03	-5.46	73.46	101.03
Net Income Growth	145.69%	90.33%	-	-	-27.29%	901.93%
Shares Outstanding (Basic)	457	456	452	444	447	450
Shares Outstanding (Diluted)	469	461	452	444	458	450
Shares Change (YoY)	2.47%	2.08%	1.74%	-3.04%	1.82%	-5.83%
EPS (Basic)	0.21	0.11	0.06	-0.01	0.16	0.22
EPS (Diluted)	0.21	0.11	0.06	-0.01	0.16	0.22
EPS Growth	139.76%	86.45%	-	-	-28.60%	963.98%
Free Cash Flow	-34.4	-156.88	-222.17	203.32	-135.22	102.09
Free Cash Flow Per Share	-0.07	-0.34	-0.49	0.46	-0.29	0.23
Gross Margin	18.74%	16.50%	16.53%	15.73%	15.94%	18.37%
Operating Margin	5.61%	3.54%	2.30%	0.46%	2.84%	5.91%
Profit Margin	4.29%	2.54%	1.62%	-0.30%	3.26%	6.16%
Free Cash Flow Margin	-1.52%	-7.76%	-13.34%	11.01%	-6.00%	6.22%
EBITDA	174.65	114.38	74.36	41	97.17	129.82
EBITDA Margin	7.73%	5.66%	4.46%	2.22%	4.31%	7.91%
D&A For EBITDA	47.92	42.85	36.09	32.55	33.08	32.93
EBIT	126.73	71.52	38.27	8.46	64.08	96.88
EBIT Margin	5.61%	3.54%	2.30%	0.46%	2.84%	5.91%
Effective Tax Rate	2.43%	6.65%	-	284.97%	6.15%	-
Revenue as Reported	2,259	2,022	1,665	1,846	2,253	1,641
Advertising Expenses	-	2.58	2.12	5.19	-	-

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