SHENZHEN FORTUNE TREND TECHNOLOGY CO., LTD.

Income Statement Shenzhen Fortune Trend technology Co., Ltd.

Equities

688318

CNE100005592

Financial Technology (Fintech)

End-of-day quote Shanghai S.E. Other stock markets 2025-11-18			5-day change	1st Jan Change
129.50 ^CNY	-0.31%		-1.19%	+6.02%

Oct. 30	Shenzhen Fortune Trend Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2025	CI
Aug. 29	Shenzhen Fortune Trend Technology Co., Ltd. Reports Earnings Results for the Half Year Ended June 30, 2025	CI

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Published financial data: SHENZHEN FORTUNE TREND TECHNOLOGY CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	272M	323M	321M	434M	389M
Other Revenues, Total	1.03M	3.31M	-	1.11M	212K
Total Revenues	273M	326M	321M	435M	389M
Cost of Goods Sold, Total	36.3M	43.77M	52.53M	63.22M	54.55M
Gross Profit	237M	283M	269M	371M	334M
Selling General & Admin Expenses, Total	10.85M	14.9M	17.43M	20M	16.25M
Provision for Bad Debts	34.92K	63.91K	193K	515K	129K
R&D Expenses	36.84M	53.13M	70.79M	75.44M	91.47M
Other Operating Expenses	-7.19M	-8.53M	-6.46M	-13.51M	-9.23M
Other Operating Expenses, Total	40.54M	59.57M	81.96M	82.45M	98.62M
Operating Income	196M	223M	187M	289M	236M
Interest Expense, Total	-	-242K	-191K	-575K	-2.75M
Interest And Investment Income	71.24M	109M	80.81M	92.07M	122M
Net Interest Expenses	71.24M	109M	80.62M	91.5M	119M
Currency Exchange Gains (Loss)	-887K	-553K	1.52M	182K	136K
Other Non Operating Income (Expenses)	-275K	-330K	-591K	-474K	-737K
EBT, Excl. Unusual Items	266M	331M	269M	380M	354M
Gain (Loss) On Sale Of Investments	9.36M	-6.47M	-97.94M	-26.12M	-12.58M
Gain (Loss) On Sale Of Assets	-14.26K	-25.52K	-	-75.88K	126K
Asset Writedown	-	-	-	-	-
Other Unusual Items	916K	2.35M	422K	3.32M	-281K
EBT, Incl. Unusual Items	277M	327M	171M	357M	342M
Income Tax Expense	25.26M	45.05M	17.49M	46.82M	37.68M
Earnings From Continuing Operations	251M	282M	154M	311M	304M
Net Income to Company	251M	282M	154M	311M	304M
Minority Interest	-	-	70.89K	214K	-15.74K
Net Income - (IS)	251M	282M	154M	311M	304M
Net Income to Common Incl Extra Items	251M	282M	154M	311M	304M
Net Income to Common Excl. Extra Items	251M	282M	154M	311M	304M
Per Share Items
Net EPS - Basic	1.07	1.1	0.6	1.21	1.19
Basic EPS - Continuing Operations	1.07	1.1	0.6	1.21	1.19
Basic Weighted Average Shares Outstanding	234M	256M	255M	256M	256M
Net EPS - Diluted	1.07	1.1	0.6	1.21	1.19
Diluted EPS - Continuing Operations	1.07	1.1	0.6	1.21	1.19
Diluted Weighted Average Shares Outstanding	234M	256M	255M	256M	256M
Normalized Basic EPS	0.71	0.81	0.66	0.93	0.86
Normalized Diluted EPS	0.71	0.81	0.66	0.93	0.86
Dividend Per Share	0.42	0.36	0.18	0.41	0.44
Payout Ratio	15.91	23.67	60.78	15.16	41.9
Supplemental Items
EBITDA	198M	225M	190M	293M	240M
EBITA	196M	223M	187M	289M	236M
EBIT	196M	223M	187M	289M	236M
EBITDAR	-	-	190M	293M	240M
Total Revenues (As Reported)	273M	326M	-	435M	389M
Effective Tax Rate - (Ratio)	9.13	13.79	10.23	13.1	11.03
Total Current Taxes	24.35M	45.05M	32.9M	50.79M	39.88M
Total Deferred Taxes	908K	-444	-15.4M	-3.97M	-2.2M
Normalized Net Income	167M	207M	168M	238M	221M
Supplemental Operating Expense Items
Advertising Expense	-	-	-	-	-
Selling and Marketing Expenses	4.98M	6.79M	7.3M	9.97M	7.02M
General and Administrative Expenses	5.87M	8.11M	10.13M	10.03M	9.23M
Research And Development Expense From Footnotes	36.84M	53.13M	70.79M	75.44M	91.47M
Net Rental Expense, Total	-	-	136K	234K	269K
Imputed Operating Lease Interest Expense	-	-	57.53K	409K	4.08M
Imputed Operating Lease Depreciation	-	-	78.72K	-176K	-3.81M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	770M	557M	609M	717M	512M
Short Term Investments	1.45B	1.97B	2.08B	941M	165M
Trading Asset Securities, Total	166M	182M	167M	1.62B	1.57B
Total Cash And Short Term Investments	2.38B	2.71B	2.86B	3.27B	2.24B
Accounts Receivable, Total	17.79M	16.37M	33.16M	49.39M	45.21M
Other Receivables	14.25M	23.86M	39.64M	3.25M	1.15M
Total Receivables	32.04M	40.23M	72.81M	52.64M	46.37M
Inventory	895K	381K	5.29M	1.86M	723K
Prepaid Expenses	-	-	-	-	-
Other Current Assets, Total	5.22M	4.85M	8.41M	9.9M	11.18M
Total Current Assets	2.42B	2.76B	2.94B	3.34B	2.3B
Gross Property Plant And Equipment	26M	31.18M	44.3M	72.84M	133M
Accumulated Depreciation	-14.81M	-17.25M	-21.8M	-23.97M	-30.82M
Net Property Plant And Equipment	11.19M	13.93M	22.51M	48.87M	102M
Long-term Investments	588M	491M	367M	208M	1.38B
Other Intangibles, Total	-	-	12.16M	12.17M	12.08M
Deferred Tax Assets Long-Term	138K	239K	16.53M	21.54M	23.29M
Deferred Charges Long-Term	91.74K	1.21M	856K	489K	256K
Other Long-Term Assets, Total	8.94M	8.28M	7.15M	6.56M	5.51M
Total Assets	3.03B	3.27B	3.37B	3.64B	3.82B
Liabilities
Accounts Payable, Total	895K	885K	1.7M	13.13M	33.4M
Accrued Expenses, Total	20.89M	22.26M	24.6M	27.72M	18.25M
Current Portion of Leases	-	1.21M	1.15M	1.26M	553K
Current Income Taxes Payable	21.06K	12.81M	13.9M	19.15M	21.99M
Unearned Revenue Current, Total	105M	125M	147M	134M	120M
Other Current Liabilities	1.73M	500K	619K	925K	9.33M
Total Current Liabilities	129M	163M	189M	197M	204M
Long-Term Leases	-	3.01M	1.87M	974K	113K
Unearned Revenue Non Current	-	-	4.09M	-	-
Deferred Tax Liability Non Current	1.26M	1.55M	2.32M	3.35M	2.9M
Other Non Current Liabilities	1.27M	1.3M	1.16M	1.92M	1.49M
Total Liabilities	131M	169M	199M	203M	208M
Common Stock, Total	66.67M	66.67M	93.34M	131M	183M
Additional Paid In Capital	1.77B	1.77B	1.74B	1.71B	1.65B
Retained Earnings	1.06B	1.27B	1.33B	1.59B	1.77B
Comprehensive Income and Other	3.35M	352K	2.44M	2.94M	3.73M
Total Common Equity	2.9B	3.11B	3.17B	3.43B	3.61B
Minority Interest	-	-	929K	715K	730K
Total Equity	2.9B	3.11B	3.17B	3.43B	3.61B
Total Liabilities And Equity	3.03B	3.27B	3.37B	3.64B	3.82B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	256M	256M	256M	256M	256M
ECS Total Common Shares Outstanding	256M	256M	256M	256M	256M
Book Value / Share	11.32	12.12	12.37	13.4	14.1
Tangible Book Value	2.9B	3.11B	3.16B	3.42B	3.6B
Tangible Book Value Per Share	11.32	12.12	12.32	13.35	14.06
Total Debt	0	4.22M	3.01M	2.24M	666K
Net Debt	-2.38B	-2.71B	-2.85B	-3.27B	-2.24B
Debt Equivalent Oper. Leases	-	-	1.09M	1.87M	2.15M
Minority Interest, Total (Incl. Fin. Div)	-	-	929K	715K	730K
Equity Method Investments, Total	-	-	-	-	636M
Account Code - Inventory Valuation	6	6	6	6	8
Inventories - Finished Goods, Total	895K	381K	5.29M	1.86M	723K
Buildings, Total	17.74M	17.74M	19.22M	19.22M	24.84M
Machinery, Total	7M	8.51M	12.17M	12.33M	13.13M
Full Time Employees	327	404	466	499	475
Accumulated Allowance for Doubtful Accounts (Supple)	85.64K	150K	342K	858K	987K

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	251M	282M	154M	311M	304M
Depreciation & Amortization - CF	2.02M	3.59M	4.2M	4.84M	4.43M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	136K	283K	327K
Depreciation & Amortization, Total	2.02M	3.59M	4.34M	5.12M	4.75M
Amortization of Deferred Charges, Total - (CF)	61.16K	392K	614K	367K	328K
(Gain) Loss From Sale Of Asset	-	-	-	75.88K	-126K
(Gain) Loss on Sale of Investments - (CF)	-38.95M	-52.48M	68.99M	-18.77M	-79.81M
Asset Writedown & Restructuring Costs	14.26K	25.52K	-	-	-
Provision and Write-off of Bad Debts	34.92K	63.91K	193K	515K	129K
Other Operating Activities, Total	-120K	627K	-1.39M	-1.49M	-20.22M
Change In Accounts Receivable	6.5M	-9.7M	-36.34M	-48.88M	4.66M
Change In Inventories	-895K	514K	-4.91M	3.42M	1.14M
Change In Accounts Payable	13.1M	20.52M	30.87M	-9.04M	-13.15M
Change In Deferred Taxes	908K	-444	-15.4M	-3.97M	-2.2M
Change in Other Net Operating Assets	887K	-	-	-	-
Cash from Operations	235M	245M	201M	238M	199M
Capital Expenditure	-2.52M	-2.27M	-24.6M	-19.59M	-37.61M
Sale of Property, Plant, and Equipment	-	-	-	4K	-
Investment in Marketable and Equity Securities, Total	-2.11B	-389M	-69.19M	-148M	-332M
Other Investing Activities, Total	4.57M	2.58M	34.35M	85.85M	92.34M
Cash from Investing	-2.11B	-389M	-59.44M	-81.63M	-277M
Short Term Debt Issued, Total	-	-	-	80M	120M
Total Debt Issued	-	-	-	80M	120M
Short Term Debt Repaid, Total	-	-	-	-80M	-120M
Long-Term Debt Repaid, Total	-	-1.21M	-1.4M	-1.41M	-1.09M
Total Debt Repaid	-	-1.21M	-1.4M	-81.41M	-121M
Issuance of Common Stock	1.79B	-	-	-	-
Common Dividends Paid	-40M	-66.67M	-93.34M	-47.1M	-127M
Common & Preferred Stock Dividends Paid	-40M	-66.67M	-93.34M	-47.1M	-127M
Other Financing Activities, Total	-78.37M	-	1M	-	-
Cash from Financing	1.67B	-67.88M	-93.73M	-48.51M	-128M
Foreign Exchange Rate Adjustments	-2.83M	-1.13M	4.25M	678K	933K
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	-208M	-212M	51.61M	109M	-205M
Supplemental Items
Cash Income Tax Paid (Refund)	35.37M	63.33M	49.07M	77.6M	56.33M
Levered Free Cash Flow	139M	154M	82.56M	196M	127M
Unlevered Free Cash Flow	139M	154M	82.68M	196M	129M
Change In Net Working Capital	-16.58M	-13.41M	14.53M	-29.45M	-13.68M
Net Debt Issued / Repaid	-	-1.21M	-1.4M	-1.41M	-1.09M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	5.98	4.42	3.52	5.16	3.95
Return on Total Capital	6.34	4.65	3.72	5.47	4.18
Return On Equity %	12.98	9.4	4.89	9.41	8.63
Return on Common Equity	12.98	9.4	4.9	9.42	8.63
Margin Analysis
Gross Profit Margin %	86.71	86.59	83.66	85.46	85.98
SG&A Margin	3.97	4.57	5.42	4.6	4.18
EBITDA Margin %	72.62	69.09	59.14	67.39	61.62
EBITA Margin %	71.88	68.33	58.21	66.55	60.71
EBIT Margin %	71.88	68.33	58.16	66.49	60.62
Income From Continuing Operations Margin %	92.04	86.33	47.75	71.43	78.14
Net Income Margin %	92.04	86.33	47.77	71.48	78.14
Net Avail. For Common Margin %	92.04	86.33	47.77	71.48	78.14
Normalized Net Income Margin	60.95	63.38	52.23	54.72	56.93
Levered Free Cash Flow Margin	50.83	47.29	25.68	45	32.6
Unlevered Free Cash Flow Margin	50.83	47.34	25.72	45.09	33.05
Asset Turnover
Asset Turnover	0.13	0.1	0.1	0.12	0.1
Fixed Assets Turnover	19.21	25.98	17.65	12.18	5.15
Receivables Turnover (Average Receivables)	21.43	18.91	12.98	10.5	8.22
Inventory Turnover (Average Inventory)	-	68.6	18.54	17.68	42.18
Short Term Liquidity
Current Ratio	18.82	16.96	15.55	16.98	11.31
Quick Ratio	18.77	16.92	15.47	16.92	11.25
Operating Cash Flow to Current Liabilities	1.83	1.51	1.06	1.21	0.98
Days Sales Outstanding (Average Receivables)	17.08	19.3	28.12	34.75	44.53
Days Outstanding Inventory (Average Inventory)	-	5.32	19.69	20.64	8.68
Average Days Payable Outstanding	-	7.51	8.22	-	159.42
Cash Conversion Cycle (Average Days)	-	17.11	39.59	-	-106.21
Long Term Solvency
Total Debt/Equity	-	0.14	0.1	0.07	0.02
Total Debt / Total Capital	-	0.14	0.1	0.06	0.02
LT Debt/Equity	-	0.1	0.06	0.03	0
Long-Term Debt / Total Capital	-	0.1	0.06	0.03	0
Total Liabilities / Total Assets	4.33	5.15	5.9	5.58	5.44
EBIT / Interest Expense	-	920.63	979.24	502.68	85.71
EBITDA / Interest Expense	-	935.43	1K	511.59	87.44
(EBITDA - Capex) / Interest Expense	-	926.05	873.1	477.52	73.77
Total Debt / EBITDA	-	0.02	0.02	0.01	0
Net Debt / EBITDA	-12.01	-11.96	-14.91	-11.12	-9.32
Total Debt / (EBITDA - Capex)	-	0.02	0.02	0.01	0
Net Debt / (EBITDA - Capex)	-12.16	-12.08	-17.11	-11.92	-11.05
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	21.03	19.42	-1.49	35.21	-10.51
Gross Profit, 1 Yr. Growth %	21.68	19.25	-4.82	38.12	-9.97
EBITDA, 1 Yr. Growth %	22.22	13.62	-15.68	54.08	-19.12
EBITA, 1 Yr. Growth %	22.27	13.53	-16.09	54.6	-19.32
EBIT, 1 Yr. Growth %	22.27	13.53	-16.15	54.57	-19.36
Earnings From Cont. Operations, 1 Yr. Growth %	37.4	17.9	-45.51	102.31	-2.11
Net Income, 1 Yr. Growth %	37.4	17.9	-45.48	102.35	-2.18
Normalized Net Income, 1 Yr. Growth %	32.55	24.17	-18.07	41.67	-7.69
Diluted EPS Before Extra, 1 Yr. Growth %	12.57	8.18	-45.37	101.71	-2.36
Accounts Receivable, 1 Yr. Growth %	133.67	-7.99	102.61	48.91	-8.45
Inventory, 1 Yr. Growth %	-	-57.39	1.29K	-64.75	-61.21
Net Property, Plant and Equip., 1 Yr. Growth %	-35.16	24.48	61.56	117.14	109.39
Total Assets, 1 Yr. Growth %	181.79	8.1	2.85	7.96	5.09
Tangible Book Value, 1 Yr. Growth %	197.2	7.61	1.62	8.38	5.27
Common Equity, 1 Yr. Growth %	197.2	7.61	2.01	8.35	5.25
Cash From Operations, 1 Yr. Growth %	43	4.34	-18.23	18.71	-16.22
Capital Expenditures, 1 Yr. Growth %	-68.84	-9.9	981.9	-20.37	91.96
Levered Free Cash Flow, 1 Yr. Growth %	72.24	2.17	-46.5	136.94	-35.87
Unlevered Free Cash Flow, 1 Yr. Growth %	72.24	2.27	-46.48	137.03	-35.12
Dividend Per Share, 1 Yr. Growth %	-	-12.51	-50	124.04	6.76
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	18.32	20.22	8.47	15.41	10
Gross Profit, 2 Yr. CAGR %	17.96	20.46	6.54	14.66	11.51
EBITDA, 2 Yr. CAGR %	19.53	17.84	-2.12	13.98	12.28
EBITA, 2 Yr. CAGR %	19.59	17.82	-2.4	13.9	12.34
EBIT, 2 Yr. CAGR %	19.59	17.82	-2.43	13.85	12.3
Earnings From Cont. Operations, 2 Yr. CAGR %	32.84	24.06	-19.84	4.99	40.73
Net Income, 2 Yr. CAGR %	32.84	24.06	-19.83	5.02	40.69
Normalized Net Income, 2 Yr. CAGR %	27.38	28.29	0.4	7.73	14.85
Diluted EPS Before Extra, 2 Yr. CAGR %	20.23	7.51	-23.14	5.04	40.34
Accounts Receivable, 2 Yr. CAGR %	280.03	46.63	36.54	73.7	16.76
Inventory, 2 Yr. CAGR %	-	-	143.06	121.1	-63.02
Net Property, Plant and Equip., 2 Yr. CAGR %	2.41	-10.16	41.82	87.3	113.23
Total Assets, 2 Yr. CAGR %	79.87	74.5	5.44	5.38	6.52
Tangible Book Value, 2 Yr. CAGR %	85.6	78.44	4.57	4.94	6.81
Common Equity, 2 Yr. CAGR %	85.6	78.44	4.77	5.13	6.79
Cash From Operations, 2 Yr. CAGR %	31.68	22.15	-7.63	-1.48	-0.27
Capital Expenditures, 2 Yr. CAGR %	95.43	-47.01	212.21	193.51	23.64
Levered Free Cash Flow, 2 Yr. CAGR %	30.04	38.34	-26.07	12.58	23.94
Unlevered Free Cash Flow, 2 Yr. CAGR %	30.04	38.41	-26.02	12.63	24.69
Dividend Per Share, 2 Yr. CAGR %	300.24	-	-33.86	5.84	54.64
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	17.32	18.69	12.5	16.74	6.03
Gross Profit, 3 Yr. CAGR %	17.07	18.39	11.36	16.17	5.78
EBITDA, 3 Yr. CAGR %	19.21	17.53	5.4	13.86	2.06
EBITA, 3 Yr. CAGR %	19.4	17.53	5.22	13.78	1.93
EBIT, 3 Yr. CAGR %	19.4	17.53	5.19	13.74	1.88
Earnings From Cont. Operations, 3 Yr. CAGR %	28.66	25.5	-5.7	9.13	2.57
Net Income, 3 Yr. CAGR %	28.66	25.5	-5.68	9.15	2.57
Normalized Net Income, 3 Yr. CAGR %	24.68	26.3	10.14	12.61	2.62
Diluted EPS Before Extra, 3 Yr. CAGR %	20.41	14.07	-14.22	6.06	2.51
Accounts Receivable, 3 Yr. CAGR %	70.25	136.86	63.32	40.54	40.31
Inventory, 3 Yr. CAGR %	-	-	-	27.71	23.77
Net Property, Plant and Equip., 3 Yr. CAGR %	-0.27	9.3	9.25	63.45	94.39
Total Assets, 3 Yr. CAGR %	52.9	51.78	46.31	6.28	5.29
Tangible Book Value, 3 Yr. CAGR %	57.36	54.54	47.91	5.83	5.05
Common Equity, 3 Yr. CAGR %	57.3	54.54	48.1	5.95	5.17
Cash From Operations, 3 Yr. CAGR %	20.18	21.85	6.86	0.43	-6.66
Capital Expenditures, 3 Yr. CAGR %	110.36	50.97	44.82	97.99	154.78
Levered Free Cash Flow, 3 Yr. CAGR %	16.31	23.4	0.79	9	-6.33
Unlevered Free Cash Flow, 3 Yr. CAGR %	16.31	23.44	0.84	9.07	-5.94
Dividend Per Share, 3 Yr. CAGR %	152.09	141.1	-	-0.67	6.14
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	9.84	12.7	13.7	17.37	11.49
Gross Profit, 5 Yr. CAGR %	9.05	12.13	12.74	16.88	11.42
EBITDA, 5 Yr. CAGR %	10.15	12.71	10.17	16.1	8.1
EBITA, 5 Yr. CAGR %	10.26	13	10.15	16.07	8.01
EBIT, 5 Yr. CAGR %	10.26	13	10.13	16.04	7.98
Earnings From Cont. Operations, 5 Yr. CAGR %	15.19	15.22	5.38	16.85	10.68
Net Income, 5 Yr. CAGR %	15.19	15.22	5.39	16.87	10.68
Normalized Net Income, 5 Yr. CAGR %	12.98	15.5	14.33	18.3	12
Diluted EPS Before Extra, 5 Yr. CAGR %	10.68	8.83	-0.43	10.36	4.47
Accounts Receivable, 5 Yr. CAGR %	48.98	40.68	55.87	109.22	42.8
Net Property, Plant and Equip., 5 Yr. CAGR %	-4.39	2.29	14.81	35.57	42.76
Total Assets, 5 Yr. CAGR %	38.04	35.32	31.77	31.17	28.87
Tangible Book Value, 5 Yr. CAGR %	41.57	37.74	33.51	32.38	29.85
Common Equity, 5 Yr. CAGR %	41.4	37.66	33.58	32.47	29.94
Cash From Operations, 5 Yr. CAGR %	8.32	12.27	8.17	11.92	3.95
Capital Expenditures, 5 Yr. CAGR %	22.9	49.16	146.35	96.96	35.94
Levered Free Cash Flow, 5 Yr. CAGR %	5.22	13.05	-1.33	18.95	9.48
Unlevered Free Cash Flow, 5 Yr. CAGR %	5.22	13.07	-1.3	19	9.77
Dividend Per Share, 5 Yr. CAGR %	39.76	78.69	47.61	73.45	-