Shenzhen V&T Technologies Co., Ltd. (SHE:300484)

Shenzhen V&T Technologies 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
Operating Revenue	430.84	311.73	310.6	422.65	494.69	382.94
Other Revenue	40.13	40.13	15.36	24.27	17.22	17.76
Revenue	470.98	351.86	325.96	446.92	511.91	400.7
Revenue Growth (YoY)	38.89%	7.95%	-27.07%	-12.70%	27.76%	25.18%
Cost of Revenue	303.28	223.45	207.93	275.31	347.34	274.29
Gross Profit	167.69	128.41	118.03	171.61	164.57	126.41
Selling, General & Admin	70.09	70.24	66.23	65.82	60.29	58.55
Research & Development	36.48	37.1	36.84	42.73	30.83	31.94
Other Operating Expenses	-5.79	-2.02	-6.02	-2.91	-3.98	-4.14
Operating Expenses	108.32	111.33	98.53	85.2	92.3	78.22
Operating Income	59.37	17.07	19.5	86.41	72.27	48.19
Interest Expense	-1.25	-1.48	-1.14	-0.58	-0.84	-0.04
Interest & Investment Income	4.46	1.69	6.12	5.24	2.99	3.2
Currency Exchange Gain (Loss)	0	0	0.01	1.15	-0.44	-0.21
Other Non Operating Income (Expenses)	0.11	1.03	1.32	-0.43	0.01	-2.13
EBT Excluding Unusual Items	62.69	18.32	25.8	91.78	73.98	49.01
Gain (Loss) on Sale of Investments	-8.55	4.53	0.71	0.71	0.86	0.24
Gain (Loss) on Sale of Assets	0.01	0.12	0.17	-0.02	0.01	0.42
Asset Writedown	-	-	-	-0.57	-0.01	-
Other Unusual Items	4.33	4.29	-0.59	1.99	2.82	13.47
Pretax Income	58.48	27.27	26.09	93.88	77.68	63.14
Income Tax Expense	6.89	1.88	3.3	10.9	12.36	10.21
Earnings From Continuing Operations	51.59	25.39	22.79	82.98	65.31	52.93
Minority Interest in Earnings	2.49	2.28	1.28	0.68	-3.4	-0.81
Net Income	54.08	27.67	24.07	83.67	61.91	52.12
Net Income to Common	54.08	27.67	24.07	83.67	61.91	52.12
Net Income Growth	135.60%	14.99%	-71.24%	35.14%	18.79%	-
Shares Outstanding (Basic)	213	213	219	209	206	208
Shares Outstanding (Diluted)	213	213	219	209	206	208
Shares Change (YoY)	-2.46%	-2.70%	4.59%	1.35%	-1.01%	-0.10%
EPS (Basic)	0.25	0.13	0.11	0.40	0.30	0.25
EPS (Diluted)	0.25	0.13	0.11	0.40	0.30	0.25
EPS Growth	141.55%	18.18%	-72.50%	33.33%	20.00%	-
Free Cash Flow	7.56	-5.21	36.45	65.09	127.39	128.37
Free Cash Flow Per Share	0.04	-0.02	0.17	0.31	0.62	0.62
Dividend Per Share	0.160	0.160	0.160	0.360	0.260	0.075
Dividend Growth	-	-	-55.56%	38.46%	246.67%	-
Gross Margin	35.60%	36.49%	36.21%	38.40%	32.15%	31.55%
Operating Margin	12.61%	4.85%	5.98%	19.33%	14.12%	12.03%
Profit Margin	11.48%	7.86%	7.38%	18.72%	12.09%	13.01%
Free Cash Flow Margin	1.61%	-1.48%	11.18%	14.56%	24.88%	32.04%
EBITDA	62.95	21.87	25.91	94.51	81.81	58.15
EBITDA Margin	13.37%	6.21%	7.95%	21.15%	15.98%	14.51%
D&A For EBITDA	3.58	4.79	6.41	8.1	9.54	9.96
EBIT	59.37	17.07	19.5	86.41	72.27	48.19
EBIT Margin	12.61%	4.85%	5.98%	19.33%	14.12%	12.03%
Effective Tax Rate	11.79%	6.88%	12.64%	11.61%	15.92%	16.17%
Revenue as Reported	470.98	351.86	325.96	446.92	511.91	400.7
Advertising Expenses	-	-	-	-	-	0.42

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