Southern Packaging Group Limited (SGX:BQP)

Southern Packaging Group 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	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	639.3	687.92	691.56	603.54	769.15	590.38
Revenue Growth (YoY)	-10.03%	-0.53%	14.59%	-21.53%	30.28%	-16.74%
Cost of Revenue	540.3	563.58	571.1	513.18	627.93	475.4
Gross Profit	99	124.34	120.46	90.36	141.22	114.98
Selling, General & Admin	121.49	123.6	118.61	119.49	120.52	106.52
Other Operating Expenses	6.27	5.56	6.7	4.36	3.74	4.4
Operating Expenses	127.76	129.17	125.3	123.86	124.26	110.92
Operating Income	-28.76	-4.83	-4.84	-33.5	16.96	4.06
Interest Expense	-19.59	-20.78	-21.51	-19.93	-15.2	-14.56
Interest & Investment Income	0.32	0.32	0.32	0.43	0.51	1.11
Currency Exchange Gain (Loss)	-	-	-	-	0.97	2.71
Other Non Operating Income (Expenses)	14.64	14.64	12.17	7.13	9.25	10.66
EBT Excluding Unusual Items	-33.39	-10.65	-13.86	-45.88	12.49	3.98
Asset Writedown	-0.38	-0.38	-	-0.28	-0.02	-
Other Unusual Items	-	-	0	0.01	-	-
Pretax Income	-33.77	-11.04	-13.85	-46.15	12.47	3.98
Income Tax Expense	8.35	7.86	-0.34	-9.86	-1.56	-0.75
Net Income	-42.12	-18.89	-13.51	-36.29	14.03	4.73
Net Income to Common	-42.12	-18.89	-13.51	-36.29	14.03	4.73
Net Income Growth	-	-	-	-	196.55%	-48.72%
Shares Outstanding (Basic)	70	70	70	70	70	70
Shares Outstanding (Diluted)	70	70	70	70	70	70
EPS (Basic)	-0.60	-0.27	-0.19	-0.52	0.20	0.07
EPS (Diluted)	-0.60	-0.27	-0.19	-0.52	0.20	0.07
EPS Growth	-	-	-	-	196.55%	-48.72%
Free Cash Flow	14.73	25.18	9.53	11.7	21.62	-35.21
Free Cash Flow Per Share	0.21	0.36	0.14	0.17	0.31	-0.50
Dividend Per Share	-	-	-	-	0.021	0.012
Dividend Growth	-	-	-	-	71.72%	-4.59%
Gross Margin	15.49%	18.07%	17.42%	14.97%	18.36%	19.48%
Operating Margin	-4.50%	-0.70%	-0.70%	-5.55%	2.21%	0.69%
Profit Margin	-6.59%	-2.75%	-1.95%	-6.01%	1.82%	0.80%
Free Cash Flow Margin	2.30%	3.66%	1.38%	1.94%	2.81%	-5.96%
EBITDA	25.25	48.08	51.21	22.95	72.25	64.71
EBITDA Margin	3.95%	6.99%	7.40%	3.80%	9.39%	10.96%
D&A For EBITDA	54.01	52.91	56.05	56.45	55.28	60.65
EBIT	-28.76	-4.83	-4.84	-33.5	16.96	4.06
EBIT Margin	-4.50%	-0.70%	-0.70%	-5.55%	2.21%	0.69%
Advertising Expenses	-	0.26	0.23	0.72	0.28	0.05

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