Shandong Nanshan Fashion Sci-Tech Co., Ltd. (SHE:300918)

SHE:300918 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	1,600	1,597	1,571	1,615	1,475	1,332
Other Revenue	18.58	18.58	29.35	18.81	16.78	26.05
Revenue	1,618	1,616	1,600	1,634	1,492	1,358
Revenue Growth (YoY)	-0.95%	0.98%	-2.05%	9.50%	9.88%	-23.33%
Cost of Revenue	1,136	1,133	1,111	1,144	1,027	1,011
Gross Profit	482.75	483.21	488.91	489.88	464.83	346.42
Selling, General & Admin	200.59	199.75	205.64	218.96	213.38	179.2
Research & Development	55.56	57.45	58.31	59.85	53.86	39.96
Other Operating Expenses	6.56	2.18	2.43	12.86	15.59	19.87
Operating Expenses	265.46	262.13	264.58	293.18	282.24	237.06
Operating Income	217.29	221.08	224.32	196.7	182.59	109.36
Interest Expense	-38.96	-38.96	-24.65	-20.9	-14.12	-17.98
Interest & Investment Income	7.15	7.12	10.73	15.97	14.24	2.47
Currency Exchange Gain (Loss)	-	-	-	8.91	-1	-8.43
Other Non Operating Income (Expenses)	7.89	5.15	4.02	-1.39	-2.12	-1.15
EBT Excluding Unusual Items	193.37	194.39	214.42	199.29	179.59	84.27
Gain (Loss) on Sale of Investments	-0.09	-	0.04	0.06	0.51	-
Gain (Loss) on Sale of Assets	0.11	0.13	1.97	1.71	0.15	0.25
Asset Writedown	-2.65	-2.9	-1.84	-0.14	-2.28	-0.36
Other Unusual Items	11.07	11.07	3.36	10	8.38	8.75
Pretax Income	201.81	202.69	217.95	210.92	186.35	92.9
Income Tax Expense	10.89	12.1	15.47	24.17	33.98	6.68
Earnings From Continuing Operations	190.92	190.59	202.47	186.75	152.37	86.23
Minority Interest in Earnings	0.24	0.25	0.17	-0.03	0.04	1.28
Net Income	191.16	190.84	202.65	186.72	152.41	87.51
Net Income to Common	191.16	190.84	202.65	186.72	152.41	87.51
Net Income Growth	-7.91%	-5.83%	8.53%	22.51%	74.17%	-28.14%
Shares Outstanding (Basic)	354	353	362	359	363	273
Shares Outstanding (Diluted)	382	382	405	359	363	273
Shares Change (YoY)	-6.42%	-5.83%	12.87%	-1.05%	32.70%	1.05%
EPS (Basic)	0.54	0.54	0.56	0.52	0.42	0.32
EPS (Diluted)	0.50	0.50	0.50	0.52	0.42	0.32
EPS Growth	-1.59%	-	-3.85%	23.81%	31.25%	-28.89%
Free Cash Flow	-697.7	-667.16	-459.2	-428.8	199.77	353.25
Free Cash Flow Per Share	-1.82	-1.75	-1.13	-1.19	0.55	1.29
Dividend Per Share	0.150	0.150	0.172	0.160	0.126	0.060
Dividend Growth	-12.79%	-12.79%	7.50%	26.98%	110.00%	-
Gross Margin	29.83%	29.90%	30.55%	29.98%	31.16%	25.51%
Operating Margin	13.43%	13.68%	14.02%	12.04%	12.24%	8.05%
Profit Margin	11.81%	11.81%	12.66%	11.43%	10.21%	6.44%
Free Cash Flow Margin	-43.11%	-41.29%	-28.70%	-26.25%	13.39%	26.02%
EBITDA	306.49	304.48	284.5	243.03	232.54	167.73
EBITDA Margin	18.94%	18.84%	17.78%	14.88%	15.59%	12.35%
D&A For EBITDA	89.2	83.39	60.17	46.33	49.95	58.38
EBIT	217.29	221.08	224.32	196.7	182.59	109.36
EBIT Margin	13.43%	13.68%	14.02%	12.04%	12.24%	8.05%
Effective Tax Rate	5.40%	5.97%	7.10%	11.46%	18.23%	7.18%
Revenue as Reported	-	-	-	1,634	1,492	1,358

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.