Shenzhen Fangzhi Technology Equity Co., Ltd. (SHE:300235)

SHE:300235 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
Revenue	71.61	92.15	101.74	107.79	111.49	122.32
Revenue Growth (YoY)	-32.94%	-9.43%	-5.61%	-3.32%	-8.86%	12.21%
Cost of Revenue	11.9	16.06	24.66	29.23	36.98	44.35
Gross Profit	59.71	76.09	77.08	78.56	74.5	77.97
Selling, General & Admin	41.44	45.97	37.6	41.42	32.48	33.02
Research & Development	22.19	21.18	18.92	19.97	33.71	26.91
Other Operating Expenses	-2.22	-2.78	-3.24	-3.23	-2.29	-2.09
Operating Expenses	61.42	65.18	53.07	58.63	63.34	58.42
Operating Income	-1.71	10.9	24.02	19.93	11.16	19.55
Interest Expense	-	-	-0	-0.01	-	-0.64
Interest & Investment Income	5.84	6.39	8.52	4.43	12.19	12.33
Currency Exchange Gain (Loss)	-	-	-	-	0.01	-
Other Non Operating Income (Expenses)	-1.04	-0.2	-0.19	-0.19	0.2	0.18
EBT Excluding Unusual Items	3.09	17.1	32.34	24.16	23.56	31.42
Gain (Loss) on Sale of Investments	3	2.17	1.05	0.07	-	-
Asset Writedown	-0.25	-0.03	-0.02	-0.02	-0.01	-0.04
Other Unusual Items	1.52	1.43	3.6	2.43	2.79	2.11
Pretax Income	7.36	20.67	36.98	26.64	26.35	33.49
Income Tax Expense	1.75	3.35	5.1	3.3	3.63	2.37
Earnings From Continuing Operations	5.62	17.32	31.88	23.33	22.71	31.12
Minority Interest in Earnings	0.06	0.05	-	-	0.16	0.08
Net Income	5.68	17.37	31.88	23.33	22.87	31.19
Net Income to Common	5.68	17.37	31.88	23.33	22.87	31.19
Net Income Growth	-75.85%	-45.50%	36.63%	2.02%	-26.69%	-3.09%
Shares Outstanding (Basic)	224	248	245	259	245	246
Shares Outstanding (Diluted)	224	248	245	259	245	246
Shares Change (YoY)	-13.08%	1.22%	-5.41%	5.76%	-0.44%	-3.09%
EPS (Basic)	0.03	0.07	0.13	0.09	0.09	0.13
EPS (Diluted)	0.03	0.07	0.13	0.09	0.09	0.13
EPS Growth	-72.21%	-46.15%	44.44%	-3.54%	-26.36%	-
Free Cash Flow	-8.48	20.74	36.28	16.45	20.46	28.31
Free Cash Flow Per Share	-0.04	0.08	0.15	0.06	0.08	0.12
Dividend Per Share	0.045	0.045	0.050	0.027	0.013	0.037
Dividend Growth	-10.00%	-10.00%	87.27%	100.75%	-63.76%	10.21%
Gross Margin	83.38%	82.57%	75.77%	72.89%	66.83%	63.74%
Operating Margin	-2.39%	11.83%	23.61%	18.49%	10.01%	15.98%
Profit Margin	7.94%	18.86%	31.33%	21.64%	20.51%	25.50%
Free Cash Flow Margin	-11.84%	22.50%	35.66%	15.26%	18.35%	23.14%
EBITDA	2.48	15.11	28.26	24.6	16.84	25.77
EBITDA Margin	3.46%	16.40%	27.77%	22.82%	15.10%	21.06%
D&A For EBITDA	4.19	4.21	4.24	4.67	5.68	6.22
EBIT	-1.71	10.9	24.02	19.93	11.16	19.55
EBIT Margin	-2.39%	11.83%	23.61%	18.49%	10.01%	15.98%
Effective Tax Rate	23.71%	16.20%	13.79%	12.40%	13.79%	7.09%
Revenue as Reported	71.61	92.15	101.74	107.79	111.49	122.32
Advertising Expenses	-	20.28	14.25	14.49	3.91	2.81

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