Shanghai Fortune Techgroup Co., Ltd. (SHE: 300493)

Shanghai Fortune Techgroup Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Operating Revenue	2,532	2,160	2,102	1,858	1,387	1,450
Revenue	2,532	2,160	2,102	1,858	1,387	1,450
Revenue Growth (YoY)	21.20%	2.80%	13.13%	33.96%	-4.37%	-14.36%
Cost of Revenue	2,331	1,986	1,891	1,647	1,243	1,320
Gross Profit	200.92	174.03	210.31	210.79	143.99	129.72
Selling, General & Admin	113.07	97.79	88.37	102.59	82.91	83.49
Research & Development	39.96	34.11	42.92	38.48	25.65	22.22
Other Operating Expenses	6.96	2.2	1.33	1.63	1.41	1.37
Operating Expenses	162.43	134.26	131.67	143.02	113.69	116.95
Operating Income	38.49	39.77	78.65	67.78	30.3	12.77
Interest Expense	-3.33	-4.77	-6.13	-2.14	-1.04	-4.6
Interest & Investment Income	4.19	3.82	5.65	2.24	1.29	1.37
Earnings From Equity Investments	-	-	-	-	14.45	19.46
Currency Exchange Gain (Loss)	-2.82	-2.82	-14.27	4.7	5.36	-3.09
Other Non Operating Income (Expenses)	-1.74	-1.04	-1.81	-1.33	-1.19	-2.04
EBT Excluding Unusual Items	34.8	34.97	62.09	71.24	49.16	23.86
Gain (Loss) on Sale of Investments	-0.32	0.15	0.03	-0.25	-	-
Gain (Loss) on Sale of Assets	0	0.01	-	-0.01	-	-
Asset Writedown	-0.01	-	-	-	-	-
Legal Settlements	-	-	0.75	-0.75	-	-
Other Unusual Items	7.94	4.58	1.11	1.49	3.05	5.44
Pretax Income	42.4	39.71	63.97	71.72	52.2	29.3
Income Tax Expense	2.54	6.12	10.1	14.03	7	-0.25
Earnings From Continuing Operations	39.87	33.59	53.87	57.69	45.2	29.55
Minority Interest in Earnings	0.79	2.05	0.24	0.55	-0.18	-0.2
Net Income	40.66	35.63	54.11	58.25	45.02	29.35
Net Income to Common	40.66	35.63	54.11	58.25	45.02	29.35
Net Income Growth	4.83%	-34.15%	-7.10%	29.37%	53.43%	86.01%
Shares Outstanding (Basic)	506	509	492	485	500	489
Shares Outstanding (Diluted)	506	509	492	485	500	489
Shares Change (YoY)	-3.98%	3.48%	1.35%	-2.97%	2.29%	3.24%
EPS (Basic)	0.08	0.07	0.11	0.12	0.09	0.06
EPS (Diluted)	0.08	0.07	0.11	0.12	0.09	0.06
EPS Growth	9.17%	-36.36%	-8.33%	33.33%	50.00%	80.18%
Free Cash Flow	52.33	115.23	-152.37	-118.63	82.6	268.99
Free Cash Flow Per Share	0.10	0.23	-0.31	-0.24	0.17	0.55
Dividend Per Share	0.045	0.035	0.035	0.035	0.030	0.020
Dividend Growth	28.57%	0%	0%	16.67%	50.00%	-83.33%
Gross Margin	7.94%	8.06%	10.01%	11.35%	10.38%	8.95%
Operating Margin	1.52%	1.84%	3.74%	3.65%	2.18%	0.88%
Profit Margin	1.61%	1.65%	2.57%	3.14%	3.25%	2.02%
Free Cash Flow Margin	2.07%	5.33%	-7.25%	-6.39%	5.96%	18.55%
EBITDA	40.69	41.73	80.29	68.93	31.61	14.67
EBITDA Margin	1.61%	1.93%	3.82%	3.71%	2.28%	1.01%
D&A For EBITDA	2.2	1.96	1.64	1.15	1.31	1.89
EBIT	38.49	39.77	78.65	67.78	30.3	12.77
EBIT Margin	1.52%	1.84%	3.74%	3.65%	2.18%	0.88%
Effective Tax Rate	5.98%	15.41%	15.79%	19.56%	13.41%	-
Revenue as Reported	2,532	2,160	2,102	1,858	1,387	1,450
Advertising Expenses	-	-	-	-	0.13	0.36

Source: S&P Capital IQ. Standard template. Financial Sources.