Shanghai Ailu Package Co., Ltd. (SHE:301062)

Shanghai Ailu Package 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,193	1,186	1,065	1,114	1,120	774.54
Other Revenue	4.52	4.52	1.98	7.66	0.57	0.38
Revenue	1,197	1,191	1,067	1,122	1,120	774.91
Revenue Growth (YoY)	1.32%	11.63%	-4.95%	0.18%	44.55%	20.14%
Cost of Revenue	993.76	940.55	818.12	858.78	800.8	535.64
Gross Profit	203.4	250.09	248.43	263.33	319.35	239.27
Selling, General & Admin	163.3	141.87	109.04	107.37	100.1	75.05
Research & Development	43.55	42.97	39.59	39.68	38	26.33
Other Operating Expenses	10.48	-0.68	7.39	5.27	1.67	1.43
Operating Expenses	221.24	187.64	157.35	152.2	139.01	104.79
Operating Income	-17.84	62.45	91.08	111.12	180.34	134.49
Interest Expense	-24.3	-28.83	-21.14	-16.46	-13.12	-11.67
Interest & Investment Income	2.26	5.09	4.04	3.73	0.99	0.21
Currency Exchange Gain (Loss)	2.64	2.64	1.59	5.77	-1.65	-1.85
Other Non Operating Income (Expenses)	-1.85	-0.35	-0.39	-1.54	-0.86	-0.33
EBT Excluding Unusual Items	-39.1	41	75.17	102.63	165.69	120.85
Gain (Loss) on Sale of Assets	-4.89	0.29	0.13	0.43	0.22	-1.47
Asset Writedown	-38.17	-3.74	-0.02	-0.04	-0.46	-0.14
Other Unusual Items	6.04	6.04	4.56	14.63	-0.83	4.63
Pretax Income	-76.12	43.59	79.85	117.65	164.62	123.86
Income Tax Expense	2.82	12.98	10.84	12.72	22.06	18.25
Earnings From Continuing Operations	-78.94	30.6	69.01	104.93	142.56	105.62
Minority Interest in Earnings	20.9	22.72	6.27	1.36	2.15	5.54
Net Income	-58.05	53.33	75.28	106.28	144.71	111.16
Net Income to Common	-58.05	53.33	75.28	106.28	144.71	111.16
Net Income Growth	-	-29.16%	-29.17%	-26.55%	30.18%	73.45%
Shares Outstanding (Basic)	434	410	396	394	362	347
Shares Outstanding (Diluted)	434	410	396	394	362	347
Shares Change (YoY)	9.59%	3.53%	0.65%	8.81%	4.15%	-2.18%
EPS (Basic)	-0.13	0.13	0.19	0.27	0.40	0.32
EPS (Diluted)	-0.13	0.13	0.19	0.27	0.40	0.32
EPS Growth	-	-31.58%	-29.63%	-32.50%	25.00%	77.78%
Free Cash Flow	-131.5	-263.3	-258.69	-14.87	-85.16	-12.07
Free Cash Flow Per Share	-0.30	-0.64	-0.65	-0.04	-0.23	-0.04
Dividend Per Share	0.090	0.050	0.050	0.040	0.060	-
Dividend Growth	80.00%	-	25.00%	-33.33%	-	-
Gross Margin	16.99%	21.00%	23.29%	23.47%	28.51%	30.88%
Operating Margin	-1.49%	5.24%	8.54%	9.90%	16.10%	17.36%
Profit Margin	-4.85%	4.48%	7.06%	9.47%	12.92%	14.34%
Free Cash Flow Margin	-10.98%	-22.11%	-24.25%	-1.32%	-7.60%	-1.56%
EBITDA	43.11	118.62	140.86	157.94	221.09	171.03
EBITDA Margin	3.60%	9.96%	13.21%	14.07%	19.74%	22.07%
D&A For EBITDA	60.96	56.17	49.78	46.82	40.76	36.54
EBIT	-17.84	62.45	91.08	111.12	180.34	134.49
EBIT Margin	-1.49%	5.24%	8.54%	9.90%	16.10%	17.36%
Effective Tax Rate	-	29.79%	13.57%	10.81%	13.40%	14.73%
Revenue as Reported	1,197	1,191	1,067	1,122	1,120	774.91
Advertising Expenses	-	2.2	2.25	1.74	2.85	1.91

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.