Anhui Xinke New Materials Co.,Ltd (SHA:600255)

SHA:600255 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,935	3,812	3,057	3,034	3,134	2,090
Other Revenue	146.74	146.74	143.13	59.16	113.54	148.17
Revenue	4,082	3,958	3,200	3,093	3,247	2,238
Revenue Growth (YoY)	24.51%	23.70%	3.44%	-4.74%	45.10%	-36.87%
Cost of Revenue	3,772	3,649	2,970	2,777	2,866	2,000
Gross Profit	309.83	309.3	229.82	316.57	381.15	238.39
Selling, General & Admin	109	109.28	107.99	99.02	107.3	78.36
Research & Development	163.82	162.35	142.3	132.5	134.16	85.47
Other Operating Expenses	-20.18	-26.99	13.52	15.17	13.72	11.62
Operating Expenses	247.24	244.64	263.82	246.69	255.18	175.44
Operating Income	62.59	64.65	-33.99	69.87	125.97	62.95
Interest Expense	-45.01	-45.74	-40.56	-37.91	-30.89	-27.87
Interest & Investment Income	10.03	8.37	12.13	10.63	11.35	8.93
Currency Exchange Gain (Loss)	10.48	10.48	7.33	7.08	-3.62	-4.96
Other Non Operating Income (Expenses)	-6.01	-4.65	-2.61	-1.31	-3.75	1.18
EBT Excluding Unusual Items	32.07	33.12	-57.7	48.36	99.06	40.22
Gain (Loss) on Sale of Investments	0.4	-1.22	-1.25	-21.83	-0.28	-38.53
Gain (Loss) on Sale of Assets	13.72	13.72	-0.82	98.37	-0.55	108.39
Asset Writedown	-0.17	-	-	-	-	-
Other Unusual Items	10.98	10.98	-2.52	9.08	-7.62	11.43
Pretax Income	57	56.59	-62.29	133.98	90.61	121.52
Income Tax Expense	-17.99	-18.16	2.3	21.87	12.35	42.1
Earnings From Continuing Operations	74.99	74.74	-64.59	112.11	78.26	79.42
Minority Interest in Earnings	-12.17	-12.39	3.32	-14.38	-19.4	-18.24
Net Income	62.81	62.35	-61.26	97.73	58.86	61.18
Net Income to Common	62.81	62.35	-61.26	97.73	58.86	61.18
Net Income Growth	-	-	-	66.04%	-3.80%	-
Shares Outstanding (Basic)	2,101	2,078	2,042	1,955	1,962	2,039
Shares Outstanding (Diluted)	2,101	2,078	2,042	1,955	1,962	2,039
Shares Change (YoY)	3.38%	1.78%	4.48%	-0.38%	-3.80%	15.25%
EPS (Basic)	0.03	0.03	-0.03	0.05	0.03	0.03
EPS (Diluted)	0.03	0.03	-0.03	0.05	0.03	0.03
EPS Growth	-	-	-	66.67%	-	-
Free Cash Flow	-407.53	-151.76	-164.87	-186.65	-339.28	-7.56
Free Cash Flow Per Share	-0.19	-0.07	-0.08	-0.10	-0.17	-0.00
Gross Margin	7.59%	7.81%	7.18%	10.23%	11.74%	10.65%
Operating Margin	1.53%	1.63%	-1.06%	2.26%	3.88%	2.81%
Profit Margin	1.54%	1.57%	-1.92%	3.16%	1.81%	2.73%
Free Cash Flow Margin	-9.98%	-3.83%	-5.15%	-6.03%	-10.45%	-0.34%
EBITDA	193.29	190.56	72.72	148.33	207.54	146.66
EBITDA Margin	4.74%	4.81%	2.27%	4.79%	6.39%	6.55%
D&A For EBITDA	130.71	125.91	106.71	78.46	81.57	83.7
EBIT	62.59	64.65	-33.99	69.87	125.97	62.95
EBIT Margin	1.53%	1.63%	-1.06%	2.26%	3.88%	2.81%
Effective Tax Rate	-	-	-	16.32%	13.63%	34.64%
Revenue as Reported	4,082	3,958	3,200	3,093	3,247	2,238
Advertising Expenses	-	0.05	-	0	0.11	-

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