Liaoning He Eye Hospital Group Co., LTD. (SHE:301103)

SHE:301103 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	1,078	1,088	1,179	949.91	958.69	834.72
Other Revenue	7.82	7.82	6.63	5.41	3.77	3.75
Revenue	1,086	1,096	1,185	955.31	962.45	838.47
Revenue Growth (YoY)	-1.80%	-7.56%	24.07%	-0.74%	14.79%	12.46%
Cost of Revenue	660.93	674.34	691.5	588.89	575.01	474.72
Gross Profit	425.08	421.29	493.73	366.43	387.45	363.75
Selling, General & Admin	379.18	401.11	392.28	301.73	251.46	224.24
Research & Development	14.86	18.11	12.62	0.66	0.63	0.99
Other Operating Expenses	6.97	7.6	5.82	5.74	5.09	3.86
Operating Expenses	401.08	426.85	412.16	308.38	257.14	229.39
Operating Income	24	-5.56	81.57	58.04	130.3	134.36
Interest Expense	-9.61	-11.34	-13.6	-12.18	-12.1	-0.64
Interest & Investment Income	24.53	21.65	34.92	23.58	9.9	5.5
Currency Exchange Gain (Loss)	-0	-0	0.06	-	-	-
Other Non Operating Income (Expenses)	-1.22	-3.7	-3.86	-3.11	-3.23	-2.86
EBT Excluding Unusual Items	37.7	1.05	99.09	66.33	124.87	136.37
Gain (Loss) on Sale of Investments	1.62	0.99	-	-	-	-
Gain (Loss) on Sale of Assets	-0.09	1.4	3.53	-0.06	-0.31	-0.06
Asset Writedown	-0.01	-0.71	-1.45	-0.24	-0.21	-0.51
Other Unusual Items	-2.25	-1.1	4.22	5.52	11.96	12.59
Pretax Income	36.96	1.63	105.38	71.55	136.32	148.39
Income Tax Expense	29.21	36.9	47.59	39.44	49.95	48.16
Earnings From Continuing Operations	7.75	-35.28	57.79	32.11	86.36	100.24
Minority Interest in Earnings	2.87	7.88	5.76	0.49	-	-
Net Income	10.62	-27.4	63.55	32.59	86.36	100.24
Net Income to Common	10.62	-27.4	63.55	32.59	86.36	100.24
Net Income Growth	-	-	94.99%	-62.26%	-13.84%	24.36%
Shares Outstanding (Basic)	159	158	158	148	118	118
Shares Outstanding (Diluted)	159	158	158	148	118	118
Shares Change (YoY)	1.26%	-0.00%	6.71%	25.10%	0.00%	0.86%
EPS (Basic)	0.07	-0.17	0.40	0.22	0.73	0.85
EPS (Diluted)	0.07	-0.17	0.40	0.22	0.73	0.85
EPS Growth	-	-	82.73%	-69.83%	-13.84%	23.30%
Free Cash Flow	110.42	39.31	-11.74	98.87	142.38	76.58
Free Cash Flow Per Share	0.69	0.25	-0.07	0.67	1.20	0.65
Dividend Per Share	0.150	0.150	0.600	1.000	0.462	-
Dividend Growth	-75.00%	-75.00%	-40.00%	116.68%	-	-
Gross Margin	39.14%	38.45%	41.66%	38.36%	40.26%	43.38%
Operating Margin	2.21%	-0.51%	6.88%	6.08%	13.54%	16.02%
Profit Margin	0.98%	-2.50%	5.36%	3.41%	8.97%	11.96%
Free Cash Flow Margin	10.17%	3.59%	-0.99%	10.35%	14.79%	9.13%
EBITDA	76.79	46.92	133.63	109.77	179.92	174.85
EBITDA Margin	7.07%	4.28%	11.28%	11.49%	18.69%	20.85%
D&A For EBITDA	52.79	52.48	52.06	51.73	49.61	40.49
EBIT	24	-5.56	81.57	58.04	130.3	134.36
EBIT Margin	2.21%	-0.51%	6.88%	6.08%	13.54%	16.02%
Effective Tax Rate	79.03%	2267.93%	45.16%	55.13%	36.64%	32.45%
Revenue as Reported	1,086	1,096	1,185	955.31	962.45	838.47

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