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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	765.79	710.6	359.18	338.38	408.18	403
Other Revenue	4.95	4.95	4.02	2.05	2.5	2.04
Revenue	770.75	715.55	363.2	340.43	410.68	405.04
Revenue Growth (YoY)	25.69%	97.02%	6.69%	-17.11%	1.39%	39.99%
Cost of Revenue	472.14	456.26	238.88	216.24	272.52	252.2
Gross Profit	298.6	259.29	124.32	124.19	138.16	152.84
Selling, General & Admin	151.88	132.95	67.41	55.9	50.54	41.42
Research & Development	44.37	42.01	24.06	20.36	19.11	14.65
Other Operating Expenses	10.04	3.19	1.36	1.04	1.14	1.6
Operating Expenses	205.19	179.96	93.11	85.23	71.21	61.9
Operating Income	93.41	79.33	31.21	38.96	66.95	90.95
Interest Expense	-3.75	-5.54	-0.27	-4.49	-5.99	-3.03
Interest & Investment Income	2.26	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)	-0.91	-0.14	-0.03	-0.26	-0.5	-0.38
EBT Excluding Unusual Items	91.62	78.23	37.55	36.23	60.51	87.51
Gain (Loss) on Sale of Investments	0.07	0.28	-	-	-	-
Gain (Loss) on Sale of Assets	-0.48	-0.48	-0.02	-0.01	-0.08	-0.06
Asset Writedown	-0.49	-0.05	-0.04	-0.05	-0.28	-0.06
Other Unusual Items	11.82	6.79	4.37	9.78	7.44	2.22
Pretax Income	102.54	84.76	41.86	45.95	67.6	89.62
Income Tax Expense	8.52	7.63	4.77	-0.26	7.95	12.71
Earnings From Continuing Operations	94.01	77.14	37.09	46.2	59.64	76.9
Minority Interest in Earnings	-21.43	-23.96	-	-	-	-
Net Income	72.59	53.17	37.09	46.2	59.64	76.9
Net Income to Common	72.59	53.17	37.09	46.2	59.64	76.9
Net Income Growth	29.28%	43.35%	-19.73%	-22.53%	-22.45%	62.90%
Shares Outstanding (Basic)	121	121	120	98	90	90
Shares Outstanding (Diluted)	121	121	120	98	90	90
Shares Change (YoY)	1.00%	1.00%	21.71%	8.79%	-0.12%	0.53%
EPS (Basic)	0.60	0.44	0.31	0.47	0.66	0.85
EPS (Diluted)	0.60	0.44	0.31	0.47	0.66	0.85
EPS Growth	28.00%	41.94%	-34.04%	-28.79%	-22.35%	62.04%
Free Cash Flow	133.59	60.21	5.38	-10.81	-31.21	-47.39
Free Cash Flow Per Share	1.10	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	38.74%	36.24%	34.23%	36.48%	33.64%	37.73%
Operating Margin	12.12%	11.09%	8.59%	11.44%	16.30%	22.45%
Profit Margin	9.42%	7.43%	10.21%	13.57%	14.52%	18.99%
Free Cash Flow Margin	17.33%	8.42%	1.48%	-3.17%	-7.60%	-11.70%
EBITDA	118.22	98.46	42.78	49.04	73.43	94.58
EBITDA Margin	15.34%	13.76%	11.78%	14.40%	17.88%	23.35%
D&A For EBITDA	24.81	19.13	11.57	10.08	6.48	3.63
EBIT	93.41	79.33	31.21	38.96	66.95	90.95
EBIT Margin	12.12%	11.09%	8.59%	11.44%	16.30%	22.45%
Effective Tax Rate	8.31%	9.00%	11.40%	-	11.77%	14.18%
Revenue as Reported	770.75	715.55	363.2	340.43	410.68	-

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