Shanghai Ganglian E-Commerce Holdings Co., Ltd. (SHE:300226)

SHE:300226 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	Dec 31, 2022	Jan 1, 2022	Dec 31, 2020
Operating Revenue	81,335	86,310	76,563	65,771	58,516
Other Revenue	-	4.36	3.6	3.98	4.88
Revenue	81,335	86,314	76,567	65,775	58,521
Revenue Growth (YoY)	-5.77%	12.73%	16.41%	12.39%	-52.26%
Cost of Revenue	80,153	85,045	75,326	64,503	57,352
Gross Profit	1,182	1,269	1,240	1,272	1,169
Selling, General & Admin	599.08	600.76	584.26	584.05	425.65
Research & Development	116.95	126.74	119.8	105.27	88.29
Other Operating Expenses	9.33	105.9	92.04	81.07	75.72
Operating Expenses	725.35	893.76	868.21	819.13	678.95
Operating Income	456.82	375.07	372.2	452.83	490.38
Interest Expense	-	-52.28	-63.26	-83.21	-79.82
Interest & Investment Income	34.84	58.07	47.19	31.84	11.41
Currency Exchange Gain (Loss)	-	0.95	1.76	-0.41	-2.02
Other Non Operating Income (Expenses)	-122.7	-2.24	-2.32	-1.58	-1.3
EBT Excluding Unusual Items	368.96	379.57	355.58	399.47	418.65
Impairment of Goodwill	-	-1.4	-0.48	-5.79	-2.13
Gain (Loss) on Sale of Investments	-0.53	-4.23	2.41	0.54	7.58
Gain (Loss) on Sale of Assets	-0.72	-0.19	-0.72	-0.02	0.01
Asset Writedown	-1.28	-	-0.04	-0.45	-2.18
Other Unusual Items	-	146.23	78.13	59.1	55.38
Pretax Income	366.42	519.96	434.88	452.85	477.31
Income Tax Expense	70.71	99.84	89.95	100.3	111
Earnings From Continuing Operations	295.71	420.13	344.93	352.54	366.31
Minority Interest in Earnings	-134.36	-179.78	-141.77	-174.56	-149.64
Net Income	161.35	240.34	203.16	177.98	216.67
Net Income to Common	161.35	240.34	203.16	177.98	216.67
Net Income Growth	-32.87%	18.30%	14.15%	-17.86%	19.98%
Shares Outstanding (Basic)	323	320	322	319	321
Shares Outstanding (Diluted)	323	325	322	324	321
Shares Change (YoY)	-0.64%	0.71%	-0.35%	0.89%	0.07%
EPS (Basic)	0.50	0.75	0.63	0.56	0.68
EPS (Diluted)	0.50	0.74	0.63	0.55	0.68
EPS Growth	-32.43%	17.46%	14.54%	-18.58%	19.90%
Free Cash Flow	1,855	83.89	1,122	661.56	-1,242
Free Cash Flow Per Share	5.75	0.26	3.48	2.04	-3.87
Dividend Per Share	-	0.080	0.067	0.059	0.077
Dividend Growth	-	19.94%	12.10%	-23.13%	30.08%
Gross Margin	1.45%	1.47%	1.62%	1.93%	2.00%
Operating Margin	0.56%	0.43%	0.49%	0.69%	0.84%
Profit Margin	0.20%	0.28%	0.27%	0.27%	0.37%
Free Cash Flow Margin	2.28%	0.10%	1.47%	1.01%	-2.12%
EBITDA	474.9	392.31	390.57	470.56	507.77
EBITDA Margin	0.58%	0.46%	0.51%	0.71%	0.87%
D&A For EBITDA	18.08	17.24	18.37	17.74	17.39
EBIT	456.82	375.07	372.2	452.83	490.38
EBIT Margin	0.56%	0.43%	0.49%	0.69%	0.84%
Effective Tax Rate	19.30%	19.20%	20.68%	22.15%	23.26%
Revenue as Reported	-	86,314	76,567	65,775	58,521

Source: S&P Global Market Intelligence. Standard template. Financial Sources.