CIMC Safeway Technologies Co., Ltd. (SHE:301559)

CIMC Safeway Technologies Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,031	4,332	5,539	3,793	2,567
Other Revenue	318.25	331.6	-	357.79	269.52
Revenue	3,349	4,663	5,539	4,151	2,837
Revenue Growth (YoY)	-28.18%	-15.81%	33.44%	46.34%	-32.90%
Cost of Revenue	2,796	3,697	4,301	3,545	2,291
Gross Profit	553.15	966.63	1,238	605.71	545.8
Selling, General & Admin	133.13	143.61	183.17	130.03	126.03
Research & Development	124.14	154.04	172.77	123.86	121.56
Other Operating Expenses	28.6	14.91	7.32	7.24	20.38
Operating Expenses	289.39	294.29	367.73	273.44	263.47
Operating Income	263.76	672.34	870.16	332.27	282.32
Interest Expense	-4.2	-5.22	-5.7	-8.01	-6.96
Interest & Investment Income	79.04	57.33	5.05	37.49	33.25
Currency Exchange Gain (Loss)	32.83	23.04	103.44	-9.79	-38.27
Other Non Operating Income (Expenses)	-0.83	-0.52	-0.31	-0.43	-0.59
EBT Excluding Unusual Items	370.59	746.97	972.65	351.53	269.75
Gain (Loss) on Sale of Investments	-33.51	-72.61	-134.83	8.15	12.57
Gain (Loss) on Sale of Assets	1.72	-	-0.15	2.57	-0
Asset Writedown	-0.38	-10.62	-31.09	-4.22	-1.43
Other Unusual Items	11.1	30.42	11.28	4.02	8.1
Pretax Income	349.65	694.16	817.85	362.04	288.99
Income Tax Expense	48.13	101.9	128.44	55.74	42.98
Earnings From Continuing Operations	301.52	592.26	689.41	306.3	246.01
Minority Interest in Earnings	2.35	3.64	18.28	3.88	5.27
Net Income	303.87	595.9	707.7	310.19	251.28
Net Income to Common	303.87	595.9	707.7	310.19	251.28
Net Income Growth	-49.01%	-15.80%	128.15%	23.44%	-33.59%
Shares Outstanding (Basic)	596	532	509	509	465
Shares Outstanding (Diluted)	596	532	509	509	465
Shares Change (YoY)	11.98%	4.50%	0.12%	9.28%	0.85%
EPS (Basic)	0.51	1.12	1.39	0.61	0.54
EPS (Diluted)	0.51	1.12	1.39	0.61	0.54
EPS Growth	-54.46%	-19.42%	127.87%	12.96%	-34.15%
Free Cash Flow	245.27	828.76	920	-206.56	302.16
Free Cash Flow Per Share	0.41	1.56	1.81	-0.41	0.65
Dividend Per Share	0.440	1.285	-	-	0.036
Dividend Growth	-65.76%	-	-	-	-
Gross Margin	16.52%	20.73%	22.35%	14.59%	19.24%
Operating Margin	7.88%	14.42%	15.71%	8.00%	9.95%
Profit Margin	9.07%	12.78%	12.78%	7.47%	8.86%
Free Cash Flow Margin	7.32%	17.77%	16.61%	-4.98%	10.65%
EBITDA	311.18	714.98	909.53	368.82	331.69
EBITDA Margin	9.29%	15.33%	16.42%	8.88%	11.69%
D&A For EBITDA	47.42	42.64	39.36	36.55	49.37
EBIT	263.76	672.34	870.16	332.27	282.32
EBIT Margin	7.88%	14.42%	15.71%	8.00%	9.95%
Effective Tax Rate	13.76%	14.68%	15.70%	15.40%	14.87%
Revenue as Reported	3,349	4,663	5,539	-	-
Advertising Expenses	0.9	0.64	0.87	0.64	0.34

Updated Mar 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.