Shannon Semiconductor Technology Co.,Ltd. (SHE:300475)

SHE:300475 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	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	33,563	24,258	11,254	13,763	9,190	252.03
Other Revenue	24.98	13.09	13.39	9.33	15.2	12.75
Revenue	33,588	24,271	11,268	13,772	9,206	264.78
Revenue Growth (YoY)	127.85%	115.40%	-18.19%	49.61%	3376.71%	-12.05%
Cost of Revenue	32,717	23,379	10,628	13,224	8,854	186.25
Gross Profit	871.2	892.52	639.47	548	351.55	78.54
Selling, General & Admin	279.95	261.92	113.87	90.17	89.21	35.93
Research & Development	19.65	20.84	10.57	12.66	8.44	11.47
Other Operating Expenses	0.44	-0.79	0.35	-0.72	2.55	1.34
Operating Expenses	299.81	281.69	123.56	103.47	100.45	52.21
Operating Income	571.39	610.83	515.91	444.53	251.09	26.33
Interest Expense	-281.29	-250.25	-144.83	-117.97	-53.96	-0.63
Interest & Investment Income	31.14	25.15	2.35	33.94	68.23	26.09
Currency Exchange Gain (Loss)	4.45	-0.52	8.4	-1.56	0.47	-
Other Non Operating Income (Expenses)	-16.99	-15.12	-8.68	-13.76	-12.67	-0.07
EBT Excluding Unusual Items	308.69	370.09	373.14	345.17	253.17	51.72
Gain (Loss) on Sale of Investments	17.13	-69.63	93.96	41.25	9.32	23.57
Gain (Loss) on Sale of Assets	1.1	1.09	0.91	0.11	3.15	0.43
Asset Writedown	-0.15	-0.15	-	-	-0	-5.63
Other Unusual Items	3.34	2.41	1.72	3.13	3.56	4.27
Pretax Income	330.12	303.8	469.73	389.66	269.21	74.36
Income Tax Expense	70.25	45.87	94.36	75.5	47.71	16.5
Earnings From Continuing Operations	259.87	257.94	375.37	314.16	221.49	57.86
Minority Interest in Earnings	5.69	6.14	2.29	-0.19	2.38	6.51
Net Income	265.56	264.07	377.66	313.97	223.87	64.38
Net Income to Common	265.56	264.07	377.66	313.97	223.87	64.38
Net Income Growth	-25.71%	-30.08%	20.29%	40.25%	247.76%	-0.36%
Shares Outstanding (Basic)	457	455	450	419	422	429
Shares Outstanding (Diluted)	474	472	450	419	422	429
Shares Change (YoY)	3.25%	4.88%	7.40%	-0.89%	-1.58%	-0.36%
EPS (Basic)	0.58	0.58	0.84	0.75	0.53	0.15
EPS (Diluted)	0.56	0.56	0.84	0.75	0.53	0.15
EPS Growth	-28.05%	-33.33%	12.00%	41.51%	253.33%	-
Free Cash Flow	486.82	-67.91	703.36	-685.11	-120.71	28.13
Free Cash Flow Per Share	1.03	-0.14	1.56	-1.64	-0.29	0.07
Dividend Per Share	0.093	0.058	0.166	0.140	0.107	-
Dividend Growth	-43.98%	-65.06%	18.57%	30.84%	-	-
Gross Margin	2.59%	3.68%	5.67%	3.98%	3.82%	29.66%
Operating Margin	1.70%	2.52%	4.58%	3.23%	2.73%	9.94%
Profit Margin	0.79%	1.09%	3.35%	2.28%	2.43%	24.31%
Free Cash Flow Margin	1.45%	-0.28%	6.24%	-4.98%	-1.31%	10.62%
EBITDA	582.73	622.4	526.64	455.26	265.83	42.52
EBITDA Margin	1.74%	2.56%	4.67%	3.31%	2.89%	16.06%
D&A For EBITDA	11.35	11.57	10.74	10.73	14.74	16.19
EBIT	571.39	610.83	515.91	444.53	251.09	26.33
EBIT Margin	1.70%	2.52%	4.58%	3.23%	2.73%	9.94%
Effective Tax Rate	21.28%	15.10%	20.09%	19.38%	17.72%	22.19%
Revenue as Reported	33,588	24,271	11,268	13,772	9,206	264.78
Advertising Expenses	-	0.09	0.52	0.16	-	-

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