Shanghai Hi-Road Food Technology Co., Ltd. (SHE:300915)

SHE:300915 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	Dec 31, 2022	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,079	1,085	942.04	865.64	743.22	570.12
Other Revenue	0.8	2.56	12.53	2.53	3.71	1.53
Revenue	1,080	1,087	954.57	868.16	746.93	571.65
Revenue Growth (YoY)	8.10%	13.89%	9.95%	16.23%	30.66%	-2.04%
Cost of Revenue	761.63	706.51	624.38	581.82	421.01	269.27
Gross Profit	318.64	380.66	330.19	286.35	325.92	302.39
Selling, General & Admin	242.44	233.08	216.77	182.18	194.37	184.68
Research & Development	38.17	36.46	31.13	31.23	32.25	22.11
Other Operating Expenses	5.16	5.04	5.48	4.32	3	1.94
Operating Expenses	287.43	277.47	253.86	217.91	230.12	208.93
Operating Income	31.21	103.18	76.33	68.44	95.81	93.46
Interest Expense	-2.58	-2.6	-2.59	-0.56	-0.62	-0.51
Interest & Investment Income	20.32	24.19	26.82	29.65	27.9	2.26
Currency Exchange Gain (Loss)	-1.39	0.8	0.28	4.05	-0.73	-1.71
Other Non Operating Income (Expenses)	-0.02	-0.28	-0.29	-0.2	-0.31	2.73
EBT Excluding Unusual Items	47.55	125.3	100.55	101.38	122.05	96.23
Gain (Loss) on Sale of Investments	-1.27	-0.43	1	2.45	0.6	-
Gain (Loss) on Sale of Assets	0.02	0.02	-0.01	0.38	-0	-0.28
Asset Writedown	-1.35	-1.35	-3.36	-0.09	-0.25	-0
Other Unusual Items	5.53	3.22	1.73	3.19	7.44	5.07
Pretax Income	50.49	126.76	99.9	107.3	129.85	101.02
Income Tax Expense	5.97	16.08	10.39	13.99	17.41	14.2
Earnings From Continuing Operations	44.52	110.67	89.51	93.31	112.44	86.83
Minority Interest in Earnings	0.13	0.12	-0	0	-0	-0
Net Income	44.65	110.79	89.51	93.31	112.44	86.83
Net Income to Common	44.65	110.79	89.51	93.31	112.44	86.83
Net Income Growth	-59.53%	23.78%	-4.07%	-17.01%	29.49%	13.18%
Shares Outstanding (Basic)	134	125	126	126	126	107
Shares Outstanding (Diluted)	134	125	126	126	126	107
Shares Change (YoY)	6.17%	-0.80%	0.01%	0.00%	18.03%	12.96%
EPS (Basic)	0.33	0.89	0.71	0.74	0.89	0.81
EPS (Diluted)	0.33	0.89	0.71	0.74	0.89	0.81
EPS Growth	-61.89%	24.77%	-4.08%	-17.01%	9.71%	0.20%
Free Cash Flow	-77.31	-48.48	-93.7	17.64	29.58	59.26
Free Cash Flow Per Share	-0.58	-0.39	-0.74	0.14	0.23	0.56
Dividend Per Share	0.286	0.286	0.286	0.286	0.286	0.286
Gross Margin	29.50%	35.01%	34.59%	32.98%	43.64%	52.90%
Operating Margin	2.89%	9.49%	8.00%	7.88%	12.83%	16.35%
Profit Margin	4.13%	10.19%	9.38%	10.75%	15.05%	15.19%
Free Cash Flow Margin	-7.16%	-4.46%	-9.82%	2.03%	3.96%	10.37%
EBITDA	58.78	127.4	94.53	85.3	111	108.33
EBITDA Margin	5.44%	11.72%	9.90%	9.83%	14.86%	18.95%
D&A For EBITDA	27.57	24.22	18.21	16.86	15.2	14.87
EBIT	31.21	103.18	76.33	68.44	95.81	93.46
EBIT Margin	2.89%	9.49%	8.00%	7.88%	12.83%	16.35%
Effective Tax Rate	11.82%	12.69%	10.40%	13.04%	13.41%	14.05%
Revenue as Reported	1,080	1,087	954.57	868.16	746.93	571.65
Advertising Expenses	-	25.82	23.65	15.13	18.93	10.81

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.