Shanghai Menon Animal Nutrition Technology Co., Ltd. (SHE:301156)

SHE:301156 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	539.32	489.39	497.95	470.12	540.85	417.84
Other Revenue	0.54	0.54	6.47	13.19	5.4	2.72
Revenue	539.87	489.93	504.42	483.32	546.25	420.56
Revenue Growth (YoY)	14.87%	-2.87%	4.37%	-11.52%	29.89%	50.23%
Cost of Revenue	377.84	350.27	354.56	344.25	385.77	269.08
Gross Profit	162.03	139.66	149.86	139.07	160.49	151.48
Selling, General & Admin	79.49	69.76	72.83	61.67	63.74	54.36
Research & Development	22.61	20.88	21.97	21.38	22.53	19.48
Other Operating Expenses	1.83	2.04	2.39	2.06	2.02	1.23
Operating Expenses	104.45	94.05	94.53	87.55	87.81	79.54
Operating Income	57.58	45.61	55.33	51.52	72.68	71.94
Interest Expense	-	-	-	-0.69	-1.12	-0.42
Interest & Investment Income	4.28	3.3	8.01	2.61	3.13	2.63
Currency Exchange Gain (Loss)	2.33	2.33	0.93	4.34	-1.46	-2.25
Other Non Operating Income (Expenses)	-2	-0.21	0.11	-0.39	-0.23	-0.26
EBT Excluding Unusual Items	62.18	51.02	64.38	57.38	73	71.64
Gain (Loss) on Sale of Investments	0	1.32	-0.01	-0.72	0.39	0.9
Gain (Loss) on Sale of Assets	-0.01	0.35	0.03	-0.02	-0	-0.01
Asset Writedown	-0.26	-0.04	-	-	-0.08	-0.13
Other Unusual Items	3.47	3.14	5.82	1.64	6.21	3.78
Pretax Income	65.39	55.8	70.22	58.28	79.53	76.19
Income Tax Expense	6.5	6.22	7.17	5.79	8.97	9.47
Net Income	58.89	49.58	63.05	52.49	70.56	66.71
Net Income to Common	58.89	49.58	63.05	52.49	70.56	66.71
Net Income Growth	31.21%	-21.35%	20.11%	-25.60%	5.76%	94.13%
Shares Outstanding (Basic)	142	144	145	127	109	109
Shares Outstanding (Diluted)	142	144	145	127	109	109
Shares Change (YoY)	-2.11%	-0.82%	13.96%	17.08%	-0.52%	-0.31%
EPS (Basic)	0.42	0.34	0.43	0.41	0.65	0.61
EPS (Diluted)	0.42	0.34	0.43	0.41	0.65	0.61
EPS Growth	34.04%	-20.71%	5.39%	-36.46%	6.31%	94.73%
Free Cash Flow	-51.77	11.22	21.56	-7.63	-35.76	17.13
Free Cash Flow Per Share	-0.37	0.08	0.15	-0.06	-0.33	0.16
Dividend Per Share	0.420	0.320	0.550	0.330	-	0.549
Dividend Growth	-23.64%	-41.82%	66.87%	-	-	-
Gross Margin	30.01%	28.51%	29.71%	28.77%	29.38%	36.02%
Operating Margin	10.66%	9.31%	10.97%	10.66%	13.30%	17.11%
Profit Margin	10.91%	10.12%	12.50%	10.86%	12.92%	15.86%
Free Cash Flow Margin	-9.59%	2.29%	4.28%	-1.58%	-6.55%	4.07%
EBITDA	83.6	68.73	74.59	61.48	80.48	78.78
EBITDA Margin	15.49%	14.03%	14.79%	12.72%	14.73%	18.73%
D&A For EBITDA	26.03	23.13	19.26	9.96	7.8	6.83
EBIT	57.58	45.61	55.33	51.52	72.68	71.94
EBIT Margin	10.66%	9.31%	10.97%	10.66%	13.30%	17.11%
Effective Tax Rate	9.94%	11.14%	10.22%	9.94%	11.28%	12.43%
Revenue as Reported	539.87	489.93	504.42	483.32	546.25	420.56
Advertising Expenses	-	1.95	1.82	0.36	0.35	0.98

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