Shenzhen Water Planning & Design Institute Co., Ltd. (SHE:301038)

SHE:301038 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	694.05	706.46	697.51	860.91	860.16	768.39
Other Revenue	148.26	148.26	71.53	70.81	74.66	95.19
Revenue	842.31	854.73	769.04	931.72	934.82	863.58
Revenue Growth (YoY)	8.23%	11.14%	-17.46%	-0.33%	8.25%	20.86%
Cost of Revenue	600.24	613.71	555.94	668.08	608.44	571.57
Gross Profit	242.07	241.01	213.1	263.64	326.38	292.01
Selling, General & Admin	119.67	118.46	120.92	127.11	126.72	118.81
Research & Development	37.02	38.25	38.56	36.92	40.05	39.95
Other Operating Expenses	3.49	3.34	0.87	-0.6	1.25	4.27
Operating Expenses	199.29	197.47	288.04	327.82	226.22	195.97
Operating Income	42.78	43.54	-74.94	-64.18	100.16	96.04
Interest Expense	-0.93	-1.03	-1.32	-1.43	-1.87	-
Interest & Investment Income	7.81	9.13	12.09	11.35	9.28	6.12
Other Non Operating Income (Expenses)	0.03	-0.25	0.31	-0.85	-1.2	-0.32
EBT Excluding Unusual Items	49.69	51.38	-63.86	-55.11	106.37	101.85
Gain (Loss) on Sale of Assets	-0.01	0	0.01	-0.02	-0.1	-0.08
Asset Writedown	-25.06	-1.09	-0.09	-0.05	-	-
Legal Settlements	-	-	-	5.17	-	-
Other Unusual Items	2.1	1.99	18.66	3.88	12.29	3.48
Pretax Income	31.65	52.29	-45.29	-46.12	118.56	105.25
Income Tax Expense	-4.97	-0.55	-15.66	-16.81	12.42	11.78
Earnings From Continuing Operations	36.62	52.83	-29.63	-29.31	106.14	93.46
Minority Interest in Earnings	-0.17	-0	-0.04	0	-	-
Net Income	36.45	52.83	-29.66	-29.31	106.14	93.46
Net Income to Common	36.45	52.83	-29.66	-29.31	106.14	93.46
Net Income Growth	-	-	-	-	13.56%	32.43%
Shares Outstanding (Basic)	223	223	223	223	191	168
Shares Outstanding (Diluted)	223	223	223	223	191	168
Shares Change (YoY)	-0.00%	0.03%	0.00%	17.05%	13.40%	0.43%
EPS (Basic)	0.16	0.24	-0.13	-0.13	0.56	0.56
EPS (Diluted)	0.16	0.24	-0.13	-0.13	0.56	0.56
EPS Growth	-	-	-	-	0.14%	32.40%
Free Cash Flow	20.67	99.54	18.9	9.66	-5.36	10.9
Free Cash Flow Per Share	0.09	0.45	0.09	0.04	-0.03	0.07
Dividend Per Share	0.071	0.071	-	-	0.191	-
Gross Margin	28.74%	28.20%	27.71%	28.30%	34.91%	33.81%
Operating Margin	5.08%	5.09%	-9.74%	-6.89%	10.71%	11.12%
Profit Margin	4.33%	6.18%	-3.86%	-3.15%	11.35%	10.82%
Free Cash Flow Margin	2.45%	11.65%	2.46%	1.04%	-0.57%	1.26%
EBITDA	57.61	61.26	-45.67	-9.23	159.07	143.05
EBITDA Margin	6.84%	7.17%	-5.94%	-0.99%	17.02%	16.56%
D&A For EBITDA	14.83	17.72	29.27	54.95	58.91	47.01
EBIT	42.78	43.54	-74.94	-64.18	100.16	96.04
EBIT Margin	5.08%	5.09%	-9.74%	-6.89%	10.71%	11.12%
Effective Tax Rate	-	-	-	-	10.47%	11.20%
Revenue as Reported	842.31	854.73	769.04	931.72	934.82	863.58
Advertising Expenses	-	0.29	0.87	0.82	0.86	0.36

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