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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	766.54	710.6	359.18	338.38	408.18	403
Other Revenue	2.97	4.95	4.02	2.05	2.5	2.04
Revenue	769.51	715.55	363.2	340.43	410.68	405.04
Revenue Growth (YoY)	52.08%	97.02%	6.69%	-17.11%	1.39%	39.99%
Cost of Revenue	475.12	456.26	238.88	216.24	272.52	252.2
Gross Profit	294.39	259.29	124.32	124.19	138.16	152.84
Selling, General & Admin	147.01	132.95	67.41	55.9	50.54	41.42
Research & Development	44.81	42.01	24.06	20.36	19.11	14.65
Other Operating Expenses	2.64	3.19	1.36	1.04	1.14	1.6
Operating Expenses	195.77	179.96	93.11	85.23	71.21	61.9
Operating Income	98.62	79.33	31.21	38.96	66.95	90.95
Interest Expense	-4.28	-5.54	-0.27	-4.49	-5.99	-3.03
Interest & Investment Income	2.04	3.96	6.82	2.08	0.04	0.05
Currency Exchange Gain (Loss)	0.35	0.62	-0.17	-0.05	0.02	-0.08
Other Non Operating Income (Expenses)	0.26	-0.14	-0.03	-0.26	-0.5	-0.38
EBT Excluding Unusual Items	96.99	78.23	37.55	36.23	60.51	87.51
Gain (Loss) on Sale of Investments	0.03	0.28	-	-	-	-
Gain (Loss) on Sale of Assets	-0.59	-0.48	-0.02	-0.01	-0.08	-0.06
Asset Writedown	-1.51	-0.05	-0.04	-0.05	-0.28	-0.06
Other Unusual Items	5.98	6.79	4.37	9.78	7.44	2.22
Pretax Income	100.9	84.76	41.86	45.95	67.6	89.62
Income Tax Expense	10.7	7.63	4.77	-0.26	7.95	12.71
Earnings From Continuing Operations	90.2	77.14	37.09	46.2	59.64	76.9
Minority Interest in Earnings	-28.16	-23.96	-	-	-	-
Net Income	62.04	53.17	37.09	46.2	59.64	76.9
Net Income to Common	62.04	53.17	37.09	46.2	59.64	76.9
Net Income Growth	24.72%	43.35%	-19.73%	-22.53%	-22.45%	62.90%
Shares Outstanding (Basic)	122	121	120	98	90	90
Shares Outstanding (Diluted)	122	121	120	98	90	90
Shares Change (YoY)	2.36%	1.00%	21.71%	8.79%	-0.12%	0.53%
EPS (Basic)	0.51	0.44	0.31	0.47	0.66	0.85
EPS (Diluted)	0.51	0.44	0.31	0.47	0.66	0.85
EPS Growth	21.84%	41.94%	-34.04%	-28.79%	-22.35%	62.04%
Free Cash Flow	138.09	60.21	5.38	-10.81	-31.21	-47.39
Free Cash Flow Per Share	1.14	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	38.26%	36.24%	34.23%	36.48%	33.64%	37.73%
Operating Margin	12.82%	11.09%	8.59%	11.44%	16.30%	22.45%
Profit Margin	8.06%	7.43%	10.21%	13.57%	14.52%	18.99%
Free Cash Flow Margin	17.95%	8.42%	1.48%	-3.17%	-7.60%	-11.70%
EBITDA	118.69	98.46	42.78	49.04	73.43	94.58
EBITDA Margin	15.42%	13.76%	11.78%	14.40%	17.88%	23.35%
D&A For EBITDA	20.07	19.13	11.57	10.08	6.48	3.63
EBIT	98.62	79.33	31.21	38.96	66.95	90.95
EBIT Margin	12.82%	11.09%	8.59%	11.44%	16.30%	22.45%
Effective Tax Rate	10.61%	9.00%	11.40%	-	11.77%	14.18%
Revenue as Reported	769.51	715.55	363.2	340.43	410.68	-

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