Shanghai Weihong Electronic Technology Co., Ltd. (SHE:300508)

SHE:300508 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	486.7	465.21	440.96	386.82	412.68	208.14
Other Revenue	1.57	0.48	0.3	0.7	0.8	1.1
Revenue	488.27	465.69	441.26	387.52	413.49	209.24
Revenue Growth (YoY)	5.97%	5.53%	13.87%	-6.28%	97.61%	9.35%
Cost of Revenue	216.06	191.23	179.73	174.05	195.31	77.7
Gross Profit	272.21	274.46	261.53	213.47	218.17	131.54
Selling, General & Admin	102.7	102.08	97.74	64.13	73.5	52.85
Research & Development	112.85	113.53	125.71	109.09	95.91	62.89
Other Operating Expenses	-5.87	-6.65	-9.04	-15.1	-7.45	-4.92
Operating Expenses	209.5	209.13	213.74	159.34	162.51	108.76
Operating Income	62.71	65.33	47.79	54.13	55.67	22.78
Interest Expense	-1.08	-0.52	-0.58	-0.49	-0.32	-1.35
Interest & Investment Income	11.31	6.31	1.48	4.05	9.44	15.42
Currency Exchange Gain (Loss)	0.1	0.1	0.06	0.74	-0.17	-0.34
Other Non Operating Income (Expenses)	-0.78	-0.03	-0.02	-0.02	0.5	-0.25
EBT Excluding Unusual Items	72.25	71.18	48.72	58.41	65.11	36.27
Impairment of Goodwill	-	-	-7.6	-	-	-
Gain (Loss) on Sale of Investments	-15.22	7.12	-4.52	-7.55	-0.85	-7.76
Gain (Loss) on Sale of Assets	13.03	6.5	0.03	0.04	-0.1	-
Other Unusual Items	13.32	10.56	3.12	-0.06	-	6.2
Pretax Income	83.38	95.36	39.75	50.84	64.16	34.71
Income Tax Expense	-0.17	0.08	0.52	1.83	5.46	5.63
Earnings From Continuing Operations	83.55	95.28	39.23	49.01	58.7	29.08
Minority Interest in Earnings	0.01	0.14	0.3	1.59	0.41	-
Net Income	83.56	95.42	39.53	50.6	59.11	29.08
Net Income to Common	83.56	95.42	39.53	50.6	59.11	29.08
Net Income Growth	166.85%	141.38%	-21.87%	-14.39%	103.25%	-55.85%
Shares Outstanding (Basic)	110	109	109	109	109	109
Shares Outstanding (Diluted)	110	109	109	109	109	109
Shares Change (YoY)	0.28%	0.21%	0.12%	0.01%	0.01%	-0.00%
EPS (Basic)	0.76	0.87	0.36	0.46	0.54	0.27
EPS (Diluted)	0.76	0.87	0.36	0.46	0.54	0.27
EPS Growth	166.10%	140.87%	-21.97%	-14.40%	103.23%	-55.85%
Free Cash Flow	92.2	66.98	61.29	-9.04	-27.03	-49.18
Free Cash Flow Per Share	0.84	0.61	0.56	-0.08	-0.25	-0.45
Dividend Per Share	0.188	0.188	0.080	0.088	0.124	0.028
Dividend Growth	135.00%	135.00%	-9.09%	-29.15%	338.87%	-46.10%
Gross Margin	55.75%	58.94%	59.27%	55.08%	52.76%	62.87%
Operating Margin	12.84%	14.03%	10.83%	13.97%	13.46%	10.89%
Profit Margin	17.11%	20.49%	8.96%	13.06%	14.29%	13.90%
Free Cash Flow Margin	18.88%	14.38%	13.89%	-2.33%	-6.54%	-23.50%
EBITDA	84.7	87.27	65.57	61.51	63.32	29.87
EBITDA Margin	17.35%	18.74%	14.86%	15.87%	15.31%	14.27%
D&A For EBITDA	21.99	21.94	17.78	7.38	7.65	7.08
EBIT	62.71	65.33	47.79	54.13	55.67	22.78
EBIT Margin	12.84%	14.03%	10.83%	13.97%	13.46%	10.89%
Effective Tax Rate	-	0.09%	1.32%	3.60%	8.51%	16.21%
Revenue as Reported	488.27	465.69	441.26	387.52	413.49	209.24
Advertising Expenses	-	2.61	3.17	-	-	-

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