Shenzhen Refond Optoelectronics Co.,Ltd. (SHE:300241)

SHE:300241 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	1,548	1,493	1,299	1,298	1,422	1,201
Other Revenue	52.14	52.14	78.25	37.62	50.12	32.21
Revenue	1,600	1,545	1,377	1,336	1,472	1,233
Revenue Growth (YoY)	14.24%	12.17%	3.09%	-9.27%	19.41%	-10.13%
Cost of Revenue	1,240	1,207	1,170	1,158	1,214	1,018
Gross Profit	360.67	337.61	207.03	177.35	258.62	215.21
Selling, General & Admin	189.6	182.59	162.24	155.23	158.99	120.75
Research & Development	92.65	96.08	108.36	109.66	110.06	89.37
Other Operating Expenses	5.06	-0.23	11.1	11.82	8.64	4.7
Operating Expenses	295.56	287.16	278.17	284.05	287	215.22
Operating Income	65.11	50.44	-71.14	-106.7	-28.37	-0.02
Interest Expense	-1.55	-2.87	-10.93	-13.5	-6.07	-6.79
Interest & Investment Income	4.53	10.09	35.31	24.85	14.96	14.72
Currency Exchange Gain (Loss)	3.41	3.41	3.71	8.38	-4.06	-5.52
Other Non Operating Income (Expenses)	-1.57	-1.16	-1.87	-1.31	1.68	4.82
EBT Excluding Unusual Items	69.94	59.91	-44.92	-88.27	-21.86	7.2
Gain (Loss) on Sale of Investments	-0.58	-	-	-	-	-
Gain (Loss) on Sale of Assets	-12.42	-12.18	-30.75	2.69	2.52	-1.52
Asset Writedown	1.76	-3.53	-43.57	-0.29	-0.59	-0.95
Other Unusual Items	27.07	13.41	53.59	93.82	130.32	39.37
Pretax Income	85.77	57.62	-65.65	7.95	110.39	44.1
Income Tax Expense	30.18	22.6	-22.7	-3.38	11.98	-3.59
Earnings From Continuing Operations	55.59	35.02	-42.95	11.33	98.41	47.69
Minority Interest in Earnings	-4.07	-3.43	-2.98	2.1	-1.25	0.46
Net Income	51.53	31.58	-45.93	13.43	97.16	48.15
Net Income to Common	51.53	31.58	-45.93	13.43	97.16	48.15
Net Income Growth	-	-	-	-86.18%	101.78%	-
Shares Outstanding (Basic)	685	685	684	685	634	535
Shares Outstanding (Diluted)	685	685	684	685	638	540
Shares Change (YoY)	0.21%	0.24%	-0.25%	7.35%	18.12%	1.42%
EPS (Basic)	0.08	0.05	-0.07	0.02	0.15	0.09
EPS (Diluted)	0.08	0.05	-0.07	0.02	0.15	0.09
EPS Growth	-	-	-	-87.12%	70.82%	-
Free Cash Flow	136.33	161.47	-5.18	-499.69	-396.74	-139.83
Free Cash Flow Per Share	0.20	0.24	-0.01	-0.73	-0.62	-0.26
Dividend Per Share	0.020	0.020	-	0.010	0.020	-
Dividend Growth	-	-	-	-50.00%	-	-
Gross Margin	22.54%	21.86%	15.03%	13.28%	17.57%	17.46%
Operating Margin	4.07%	3.27%	-5.17%	-7.99%	-1.93%	-0.00%
Profit Margin	3.22%	2.04%	-3.33%	1.00%	6.60%	3.91%
Free Cash Flow Margin	8.52%	10.45%	-0.38%	-37.41%	-26.95%	-11.34%
EBITDA	190.47	179.64	73.43	11.84	56.25	73.59
EBITDA Margin	11.90%	11.63%	5.33%	0.89%	3.82%	5.97%
D&A For EBITDA	125.35	129.2	144.57	118.54	84.63	73.61
EBIT	65.11	50.44	-71.14	-106.7	-28.37	-0.02
EBIT Margin	4.07%	3.27%	-5.17%	-7.99%	-1.93%	-0.00%
Effective Tax Rate	35.18%	39.22%	-	-	10.85%	-
Revenue as Reported	1,600	1,545	1,377	1,336	1,472	1,233
Advertising Expenses	-	2.24	3.45	3.99	1.86	1.78

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