Shanghai Nenghui Technology Co.,Ltd. (SHE:301046)

SHE:301046 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	1,163	1,097	590.69	381.67	592.6	419.51
Other Revenue	-	-	0.09	-	0.08	-
Revenue	1,163	1,097	590.78	381.67	592.69	419.51
Revenue Growth (YoY)	51.91%	85.74%	54.79%	-35.60%	41.28%	9.32%
Cost of Revenue	981.98	915.86	456.15	282.76	419.15	292.51
Gross Profit	180.55	181.44	134.64	98.92	173.54	127
Selling, General & Admin	81.38	71.34	42.88	50.19	30.75	23.02
Research & Development	32.95	31.97	20.58	20.78	18.38	13.86
Other Operating Expenses	-5.46	-4.16	-2.04	-0.82	-2.41	-6.04
Operating Expenses	108.86	99.15	80.74	89.61	59.76	27.16
Operating Income	71.68	82.29	53.9	9.3	113.78	99.84
Interest Expense	-	-	-11.08	-0.42	-0.3	-
Interest & Investment Income	2.05	2.76	21.46	10.07	7.48	4.53
Other Non Operating Income (Expenses)	-19.8	-29.72	-1.02	-0.34	-0.45	-0.34
EBT Excluding Unusual Items	53.93	55.33	63.25	18.62	120.5	104.04
Gain (Loss) on Sale of Investments	-0.09	0.16	0.55	0.04	0.38	0.31
Gain (Loss) on Sale of Assets	-	-	0.03	0.11	-	-
Asset Writedown	-0.1	1.61	-	-0.04	-0.6	-0.39
Other Unusual Items	-	-	-0.54	8.45	0.04	-
Pretax Income	53.73	57.1	63.3	27.18	120.33	103.96
Income Tax Expense	5.41	4.56	5.93	1.94	16.64	13.76
Earnings From Continuing Operations	48.32	52.54	57.36	25.24	103.69	90.19
Minority Interest in Earnings	0	-	0.83	0.9	0.32	-
Net Income	48.32	52.54	58.19	26.14	104	90.19
Net Income to Common	48.32	52.54	58.19	26.14	104	90.19
Net Income Growth	-24.40%	-9.71%	122.60%	-74.86%	15.31%	32.99%
Shares Outstanding (Basic)	148	150	149	154	125	113
Shares Outstanding (Diluted)	148	150	149	154	125	113
Shares Change (YoY)	-3.99%	0.60%	-2.97%	22.73%	11.14%	0.56%
EPS (Basic)	0.33	0.35	0.39	0.17	0.83	0.80
EPS (Diluted)	0.33	0.35	0.39	0.17	0.83	0.80
EPS Growth	-21.26%	-10.26%	129.41%	-79.52%	3.75%	33.33%
Free Cash Flow	23.71	-184.31	-196.43	-159.25	17.86	63.49
Free Cash Flow Per Share	0.16	-1.23	-1.32	-1.04	0.14	0.56
Dividend Per Share	-	-	0.300	-	0.400	-
Gross Margin	15.53%	16.54%	22.79%	25.92%	29.28%	30.27%
Operating Margin	6.17%	7.50%	9.12%	2.44%	19.20%	23.80%
Profit Margin	4.16%	4.79%	9.85%	6.85%	17.55%	21.50%
Free Cash Flow Margin	2.04%	-16.80%	-33.25%	-41.72%	3.01%	15.14%
EBITDA	86.96	97.08	66.77	19.98	124.01	109.76
EBITDA Margin	7.48%	8.85%	11.30%	5.23%	20.92%	26.16%
D&A For EBITDA	15.28	14.8	12.87	10.68	10.22	9.92
EBIT	71.68	82.29	53.9	9.3	113.78	99.84
EBIT Margin	6.17%	7.50%	9.12%	2.44%	19.20%	23.80%
Effective Tax Rate	10.06%	7.98%	9.37%	7.12%	13.83%	13.24%
Revenue as Reported	-	-	590.78	381.67	592.69	-
Advertising Expenses	-	-	0.02	0.53	0.04	0.05

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