Shandong Shuangyi Technology Co., Ltd. (SHE:300690)

SHE:300690 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
Operating Revenue	1,002	939.2	744.8	1,030	1,001	1,392
Other Revenue	4.35	4.35	4.44	1.26	0.19	0.29
Revenue	1,006	943.55	749.24	1,031	1,002	1,392
Revenue Growth (YoY)	32.62%	25.93%	-27.35%	2.97%	-28.04%	68.21%
Cost of Revenue	755.28	716.81	557.61	820.13	716.86	847.96
Gross Profit	250.73	226.74	191.63	211.21	284.76	544
Selling, General & Admin	75.1	74.56	80.74	68.99	66.61	97.98
Research & Development	41.83	34.8	26.25	36.87	33.2	57.98
Other Operating Expenses	6.76	5.75	2.52	10.55	10.03	11.36
Operating Expenses	148.54	137.69	103.83	126.74	121.03	170.11
Operating Income	102.18	89.06	87.8	84.47	163.74	373.89
Interest Expense	-0.61	-0.61	-0.66	-0.79	-0.37	-
Interest & Investment Income	13.75	10.81	9.81	3.91	8.78	10.33
Currency Exchange Gain (Loss)	2.16	2.16	4.46	15.19	-6.91	-9.65
Other Non Operating Income (Expenses)	-0.94	-0.83	-0.17	-0.04	-0.34	-0.32
EBT Excluding Unusual Items	116.54	100.58	101.24	102.74	164.89	374.26
Gain (Loss) on Sale of Investments	10.34	-2.7	-2.73	-18.28	-0.5	-
Gain (Loss) on Sale of Assets	-	0.04	-	0.11	-0.03	0
Asset Writedown	-0.38	-0.06	-0.16	-0.63	-0.41	-0.44
Other Unusual Items	2.48	1.28	2.86	8.94	8.84	6.1
Pretax Income	128.98	99.13	101.2	92.88	172.79	379.92
Income Tax Expense	16.02	13.39	13.45	12.25	23.45	58.58
Earnings From Continuing Operations	112.96	85.75	87.76	80.64	149.34	321.34
Minority Interest in Earnings	0.25	0.21	0.18	1.28	1.13	0.85
Net Income	113.21	85.95	87.94	81.92	150.47	322.19
Net Income to Common	113.21	85.95	87.94	81.92	150.47	322.19
Net Income Growth	34.66%	-2.26%	7.34%	-45.55%	-53.30%	111.59%
Shares Outstanding (Basic)	170	165	166	167	167	166
Shares Outstanding (Diluted)	170	165	166	167	167	166
Shares Change (YoY)	5.58%	-0.38%	-0.76%	0.00%	0.67%	-0.39%
EPS (Basic)	0.67	0.52	0.53	0.49	0.90	1.94
EPS (Diluted)	0.67	0.52	0.53	0.49	0.90	1.94
EPS Growth	27.54%	-1.89%	8.16%	-45.56%	-53.61%	112.42%
Free Cash Flow	38.16	101.86	105.06	-62.92	-31.41	207.2
Free Cash Flow Per Share	0.23	0.62	0.63	-0.38	-0.19	1.25
Dividend Per Share	0.210	0.210	0.210	0.150	0.300	0.667
Dividend Growth	-	-	40.00%	-50.00%	-55.00%	42.85%
Gross Margin	24.92%	24.03%	25.58%	20.48%	28.43%	39.08%
Operating Margin	10.16%	9.44%	11.72%	8.19%	16.35%	26.86%
Profit Margin	11.25%	9.11%	11.74%	7.94%	15.02%	23.15%
Free Cash Flow Margin	3.79%	10.80%	14.02%	-6.10%	-3.14%	14.89%
EBITDA	131.53	118.3	116.62	110.93	188.25	394.26
EBITDA Margin	13.07%	12.54%	15.57%	10.76%	18.80%	28.32%
D&A For EBITDA	29.35	29.24	28.82	26.46	24.52	20.37
EBIT	102.18	89.06	87.8	84.47	163.74	373.89
EBIT Margin	10.16%	9.44%	11.72%	8.19%	16.35%	26.86%
Effective Tax Rate	12.42%	13.50%	13.29%	13.18%	13.57%	15.42%
Revenue as Reported	1,006	943.55	749.24	1,031	1,002	1,392
Advertising Expenses	-	1.48	0.54	0.34	0.59	0.94

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