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

SHE:300493 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
Revenue	2,629	2,596	2,160	2,102	1,858	1,387
Revenue Growth (YoY)	14.33%	20.16%	2.79%	13.13%	33.95%	-4.37%
Cost of Revenue	2,412	2,384	1,986	1,891	1,647	1,243
Gross Profit	216.68	211.89	174.03	210.31	210.79	143.99
Selling, General & Admin	120.27	116.54	97.79	88.37	102.59	82.91
Research & Development	51.31	47.68	34.11	42.92	38.48	25.65
Other Operating Expenses	2.98	2.47	2.2	1.33	1.63	1.41
Operating Expenses	176.34	169.17	134.26	131.67	143.02	113.69
Operating Income	40.33	42.71	39.77	78.65	67.78	30.3
Interest Expense	-3.99	-3.62	-4.77	-6.13	-2.14	-1.04
Interest & Investment Income	5.24	4.45	3.82	5.65	2.24	1.29
Earnings From Equity Investments	-	-	-	-	-	14.45
Currency Exchange Gain (Loss)	-4.6	-4.6	-2.82	-14.27	4.7	5.36
Other Non Operating Income (Expenses)	-4.42	-1.99	-1.04	-1.81	-1.33	-1.19
EBT Excluding Unusual Items	32.55	36.94	34.97	62.09	71.24	49.16
Gain (Loss) on Sale of Investments	-0.57	-1.39	0.15	0.03	-0.25	-
Gain (Loss) on Sale of Assets	-	-0.03	0.01	-	-0.01	-
Legal Settlements	-	-	-	0.75	-0.75	-
Other Unusual Items	3.5	3.49	4.58	1.11	1.49	3.05
Pretax Income	38.78	39.02	39.71	63.97	71.72	52.2
Income Tax Expense	3.06	3.87	6.12	10.1	14.03	7
Earnings From Continuing Operations	35.72	35.15	33.59	53.87	57.69	45.2
Minority Interest in Earnings	1.19	1.22	2.05	0.24	0.55	-0.18
Net Income	36.91	36.37	35.63	54.11	58.25	45.02
Net Income to Common	36.91	36.37	35.63	54.11	58.25	45.02
Net Income Growth	-7.35%	2.07%	-34.15%	-7.10%	29.37%	53.43%
Shares Outstanding (Basic)	473	520	509	492	485	500
Shares Outstanding (Diluted)	473	520	509	492	485	500
Shares Change (YoY)	-15.71%	2.07%	3.48%	1.35%	-2.97%	2.29%
EPS (Basic)	0.08	0.07	0.07	0.11	0.12	0.09
EPS (Diluted)	0.08	0.07	0.07	0.11	0.12	0.09
EPS Growth	9.91%	-	-36.36%	-8.33%	33.33%	50.00%
Free Cash Flow	2.52	28.04	115.23	-152.37	-118.63	82.6
Free Cash Flow Per Share	0.01	0.05	0.23	-0.31	-0.24	0.17
Dividend Per Share	0.030	0.030	0.035	0.035	0.035	0.030
Dividend Growth	-14.29%	-14.29%	-	-	16.67%	50.00%
Gross Margin	8.24%	8.16%	8.06%	10.01%	11.35%	10.38%
Operating Margin	1.53%	1.65%	1.84%	3.74%	3.65%	2.19%
Profit Margin	1.40%	1.40%	1.65%	2.57%	3.14%	3.25%
Free Cash Flow Margin	0.10%	1.08%	5.33%	-7.25%	-6.39%	5.96%
EBITDA	43.14	45.4	42	80.29	68.93	31.61
EBITDA Margin	1.64%	1.75%	1.94%	3.82%	3.71%	2.28%
D&A For EBITDA	2.8	2.69	2.23	1.64	1.15	1.31
EBIT	40.33	42.71	39.77	78.65	67.78	30.3
EBIT Margin	1.53%	1.65%	1.84%	3.74%	3.65%	2.19%
Effective Tax Rate	7.88%	9.92%	15.41%	15.79%	19.56%	13.41%
Revenue as Reported	2,629	2,596	2,160	2,102	1,858	1,387
Advertising Expenses	-	-	-	-	-	0.13

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