Voneseals Technology (Shanghai) Inc. (SHE:301161)

SHE:301161 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	749.05	710.6	359.18	338.38	408.18	403
Other Revenue	4.95	4.95	4.02	2.05	2.5	2.04
Revenue	754.01	715.55	363.2	340.43	410.68	405.04
Revenue Growth (YoY)	85.94%	97.02%	6.69%	-17.11%	1.39%	39.99%
Cost of Revenue	469.34	456.26	238.88	216.24	272.52	252.2
Gross Profit	284.67	259.29	124.32	124.19	138.16	152.84
Selling, General & Admin	139.12	132.95	67.41	55.9	50.54	41.42
Research & Development	45.12	42.01	24.06	20.36	19.11	14.65
Other Operating Expenses	4.62	3.19	1.36	1.04	1.14	1.6
Operating Expenses	190.73	179.96	93.11	85.23	71.21	61.9
Operating Income	93.93	79.33	31.21	38.96	66.95	90.95
Interest Expense	-6.2	-5.54	-0.27	-4.49	-5.99	-3.03
Interest & Investment Income	3.31	3.96	6.82	2.08	0.04	0.05
Currency Exchange Gain (Loss)	0.62	0.62	-0.17	-0.05	0.02	-0.08
Other Non Operating Income (Expenses)	-0.02	-0.14	-0.03	-0.26	-0.5	-0.38
EBT Excluding Unusual Items	91.64	78.23	37.55	36.23	60.51	87.51
Gain (Loss) on Sale of Investments	0.35	0.28	-	-	-	-
Gain (Loss) on Sale of Assets	-0.45	-0.48	-0.02	-0.01	-0.08	-0.06
Asset Writedown	0.24	-0.05	-0.04	-0.05	-0.28	-0.06
Other Unusual Items	6.79	6.79	4.37	9.78	7.44	2.22
Pretax Income	98.58	84.76	41.86	45.95	67.6	89.62
Income Tax Expense	10.02	7.63	4.77	-0.26	7.95	12.71
Earnings From Continuing Operations	88.56	77.14	37.09	46.2	59.64	76.9
Minority Interest in Earnings	-29.17	-23.96	-	-	-	-
Net Income	59.39	53.17	37.09	46.2	59.64	76.9
Net Income to Common	59.39	53.17	37.09	46.2	59.64	76.9
Net Income Growth	54.69%	43.35%	-19.73%	-22.53%	-22.45%	62.90%
Shares Outstanding (Basic)	119	121	120	98	90	90
Shares Outstanding (Diluted)	119	121	120	98	90	90
Shares Change (YoY)	-0.30%	1.00%	21.71%	8.79%	-0.12%	0.53%
EPS (Basic)	0.50	0.44	0.31	0.47	0.66	0.85
EPS (Diluted)	0.50	0.44	0.31	0.47	0.66	0.85
EPS Growth	55.15%	41.94%	-34.04%	-28.79%	-22.35%	62.04%
Free Cash Flow	103.55	60.21	5.38	-10.81	-31.21	-47.39
Free Cash Flow Per Share	0.87	0.50	0.04	-0.11	-0.34	-0.52
Dividend Per Share	0.084	0.084	0.060	0.170	-	-
Dividend Growth	40.00%	40.00%	-64.71%	-	-	-
Gross Margin	37.75%	36.24%	34.23%	36.48%	33.64%	37.73%
Operating Margin	12.46%	11.09%	8.59%	11.44%	16.30%	22.45%
Profit Margin	7.88%	7.43%	10.21%	13.57%	14.52%	18.99%
Free Cash Flow Margin	13.73%	8.42%	1.48%	-3.17%	-7.60%	-11.70%
EBITDA	114.96	98.46	42.78	49.04	73.43	94.58
EBITDA Margin	15.25%	13.76%	11.78%	14.40%	17.88%	23.35%
D&A For EBITDA	21.03	19.13	11.57	10.08	6.48	3.63
EBIT	93.93	79.33	31.21	38.96	66.95	90.95
EBIT Margin	12.46%	11.09%	8.59%	11.44%	16.30%	22.45%
Effective Tax Rate	10.16%	9.00%	11.40%	-	11.77%	14.18%
Revenue as Reported	754.01	715.55	363.2	340.43	410.68	-

Updated Oct 24, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.