Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co., Ltd (SHE:301289)

SHE:301289 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	319.69	282.47	265.29	198.77	212.23	174.44
Other Revenue	13.64	13.64	11.63	9.9	6.32	3.68
Revenue	333.32	296.11	276.93	208.68	218.55	178.13
Revenue Growth (YoY)	10.62%	6.93%	32.71%	-4.52%	22.69%	8.95%
Cost of Revenue	135.38	118.76	113.12	79.39	82.52	69.05
Gross Profit	197.94	177.35	163.81	129.29	136.03	109.07
Selling, General & Admin	61.25	59.41	56.09	38.04	34.66	30.37
Research & Development	30.74	29.61	23.71	16.08	18.37	14.9
Other Operating Expenses	4.23	0.89	0.01	-0.45	-0.81	0.43
Operating Expenses	95.16	90.51	81.21	53.81	52.67	46.21
Operating Income	102.78	86.84	82.61	75.48	83.36	62.87
Interest Expense	-5.23	-5.51	-5.97	-5.69	-5.24	-0
Interest & Investment Income	8.15	10.82	10.99	8.58	2.03	1.7
Currency Exchange Gain (Loss)	0.18	0.18	0.16	0.65	-0.16	-0.38
Other Non Operating Income (Expenses)	0.06	0.02	-0.26	0.04	1.31	-1.47
EBT Excluding Unusual Items	105.95	92.36	87.52	79.07	81.3	62.72
Gain (Loss) on Sale of Assets	-0.07	-	0	0.09	-0.15	-0.23
Asset Writedown	0.05	-0.04	-0.11	-0.33	-	-
Other Unusual Items	1.08	1.19	2.43	6.07	2.95	0.88
Pretax Income	107.01	93.5	89.85	84.89	84.09	63.36
Income Tax Expense	13.02	11.48	11.01	11.28	10.88	7.69
Earnings From Continuing Operations	93.98	82.02	78.84	73.61	73.21	55.68
Minority Interest in Earnings	-6.7	-6.74	-5.16	-	0	-0
Net Income	87.28	75.28	73.67	73.61	73.21	55.68
Net Income to Common	87.28	75.28	73.67	73.61	73.21	55.68
Net Income Growth	14.09%	2.18%	0.09%	0.54%	31.50%	3.37%
Shares Outstanding (Basic)	78	78	78	71	58	58
Shares Outstanding (Diluted)	78	78	78	71	58	58
Shares Change (YoY)	-0.98%	-0.98%	10.74%	21.21%	0.03%	-
EPS (Basic)	1.12	0.97	0.94	1.04	1.25	0.95
EPS (Diluted)	1.12	0.97	0.94	1.04	1.25	0.95
EPS Growth	15.22%	3.19%	-9.62%	-17.05%	31.45%	-
Free Cash Flow	120.13	122.16	80.94	51.36	88.87	15.42
Free Cash Flow Per Share	1.55	1.57	1.03	0.73	1.52	0.26
Dividend Per Share	0.410	0.410	0.400	0.385	-	-
Dividend Growth	2.59%	2.59%	4.00%	-	-	-
Gross Margin	59.38%	59.89%	59.15%	61.96%	62.24%	61.23%
Operating Margin	30.84%	29.33%	29.83%	36.17%	38.14%	35.29%
Profit Margin	26.19%	25.42%	26.60%	35.27%	33.50%	31.26%
Free Cash Flow Margin	36.04%	41.25%	29.23%	24.61%	40.66%	8.66%
EBITDA	129.61	111.97	105.49	88.67	94.54	70.95
EBITDA Margin	38.88%	37.81%	38.09%	42.49%	43.26%	39.83%
D&A For EBITDA	26.83	25.14	22.88	13.19	11.19	8.08
EBIT	102.78	86.84	82.61	75.48	83.36	62.87
EBIT Margin	30.84%	29.33%	29.83%	36.17%	38.14%	35.29%
Effective Tax Rate	12.17%	12.28%	12.26%	13.29%	12.94%	12.13%
Revenue as Reported	333.32	296.11	276.93	208.68	218.55	178.13
Advertising Expenses	-	0.44	0.54	0.28	-	-

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