Shenzhen Sunline Tech Co., Ltd. (SHE:300348)

Shenzhen Sunline Tech 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	Jan 1, 2024	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,696	1,736	1,918	1,887	1,571	1,551
Other Revenue	0.22	0.33	0.2	0.14	0.78	0.25
Revenue	1,697	1,736	1,918	1,887	1,572	1,551
Revenue Growth (YoY)	-9.41%	-9.46%	1.62%	20.05%	1.37%	18.28%
Cost of Revenue	1,173	1,171	1,293	1,310	948.61	804.38
Gross Profit	523.46	565.78	625.25	577.01	623.41	746.46
Selling, General & Admin	348.07	346.11	416.71	341.99	334.16	280.63
Research & Development	102.92	108.83	132.32	140.12	134.18	159.97
Other Operating Expenses	10.03	11.88	8.61	6.63	0.41	6.61
Operating Expenses	528.41	525.08	570.27	504.28	469.56	452.75
Operating Income	-4.95	40.7	54.99	72.73	153.85	293.71
Interest Expense	-8.04	-9.24	-12.02	-16.36	-12.47	-11.58
Interest & Investment Income	6.37	4.74	5.27	5.88	5.68	6.71
Currency Exchange Gain (Loss)	11.67	3.87	-1.4	-1.08	-11.27	-4.68
Other Non Operating Income (Expenses)	1.5	-0.65	-0.87	-1.02	-0.36	-1.12
EBT Excluding Unusual Items	6.56	39.42	45.96	60.15	135.43	283.04
Impairment of Goodwill	-16.55	-16.55	-18.95	-39.18	-8.83	-7.15
Gain (Loss) on Sale of Investments	-0.47	-0.85	-3.01	-2.37	-	-4.73
Gain (Loss) on Sale of Assets	-0.36	-0.32	-0.03	-0.13	-0.01	-0.04
Asset Writedown	-	-	-	-	-	-0.02
Other Unusual Items	10.93	7.02	13.16	14.86	12.31	15.48
Pretax Income	0.1	28.72	37.13	33.32	138.89	286.58
Income Tax Expense	2.46	10.13	5.01	9.15	11.37	48.66
Earnings From Continuing Operations	-2.36	18.59	32.13	24.17	127.52	237.92
Minority Interest in Earnings	0	0	0.02	-1.69	-1.37	-1.09
Net Income	-2.36	18.59	32.15	22.48	126.15	236.83
Net Income to Common	-2.36	18.59	32.15	22.48	126.15	236.83
Net Income Growth	-	-42.18%	42.98%	-82.18%	-46.73%	71.71%
Shares Outstanding (Basic)	802	765	721	721	717	703
Shares Outstanding (Diluted)	802	765	724	725	717	712
Shares Change (YoY)	9.71%	5.64%	-0.17%	1.18%	0.69%	1.42%
EPS (Basic)	-0.00	0.02	0.04	0.03	0.18	0.34
EPS (Diluted)	-0.00	0.02	0.04	0.03	0.18	0.33
EPS Growth	-	-45.27%	43.23%	-82.39%	-47.10%	69.31%
Free Cash Flow	29.87	63.13	51.3	-142.93	-22.78	84.64
Free Cash Flow Per Share	0.04	0.08	0.07	-0.20	-0.03	0.12
Dividend Per Share	0.007	0.007	0.010	0.006	0.035	0.070
Dividend Growth	-30.00%	-30.00%	66.67%	-82.86%	-50.00%	775.00%
Gross Margin	30.85%	32.58%	32.60%	30.58%	39.66%	48.13%
Operating Margin	-0.29%	2.34%	2.87%	3.85%	9.79%	18.94%
Profit Margin	-0.14%	1.07%	1.68%	1.19%	8.03%	15.27%
Free Cash Flow Margin	1.76%	3.64%	2.67%	-7.57%	-1.45%	5.46%
EBITDA	-18.76	54.83	69.8	138.68	215.2	311.82
EBITDA Margin	-1.11%	3.16%	3.64%	7.35%	13.69%	20.11%
D&A For EBITDA	-13.81	14.13	14.81	65.94	61.34	18.11
EBIT	-4.95	40.7	54.99	72.73	153.85	293.71
EBIT Margin	-0.29%	2.34%	2.87%	3.85%	9.79%	18.94%
Effective Tax Rate	2383.18%	35.28%	13.48%	27.47%	8.19%	16.98%
Revenue as Reported	1,697	1,736	1,918	1,887	1,572	1,551
Advertising Expenses	-	3.62	4.24	4.06	3.8	3.94

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