Tangshan Sanyou Chemical Industries Co.,Ltd (SHA:600409)

SHA:600409 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
Operating Revenue	19,736	20,933	21,486	23,128	22,131	16,911
Other Revenue	427.1	428.38	434.07	552.2	1,051	869.51
Revenue	20,163	21,361	21,920	23,680	23,182	17,780
Revenue Growth (YoY)	-6.94%	-2.55%	-7.43%	2.15%	30.38%	-13.33%
Cost of Revenue	17,480	18,016	17,507	19,218	18,151	14,696
Gross Profit	2,683	3,346	4,413	4,461	5,031	3,084
Selling, General & Admin	1,501	1,578	1,850	1,814	1,899	1,601
Research & Development	608.07	607.49	595.51	330.22	221.36	192.85
Other Operating Expenses	248.48	255.52	308.8	312.81	336.97	215.09
Operating Expenses	2,355	2,438	2,753	2,459	2,475	2,016
Operating Income	328.21	907.73	1,661	2,003	2,557	1,068
Interest Expense	-135.21	-144.68	-246.48	-264.19	-278.53	-345.38
Interest & Investment Income	48.62	45.78	58.95	49.56	35.17	59.92
Currency Exchange Gain (Loss)	-18.01	-21.06	-5.6	-70.6	38.3	40.85
Other Non Operating Income (Expenses)	-7.23	-45.03	-65.69	-56.52	-74.42	-21.03
EBT Excluding Unusual Items	216.38	742.73	1,402	1,661	2,277	802.09
Gain (Loss) on Sale of Investments	-	-	-	-	-	0.08
Gain (Loss) on Sale of Assets	-10.3	-11.48	-23.33	-23.05	-29.07	-30.36
Asset Writedown	-12.17	-9.15	-9.92	-	-8.72	-6.61
Other Unusual Items	110.85	108.57	46.05	51.37	66.68	120.29
Pretax Income	304.76	830.68	1,415	1,689	2,306	885.5
Income Tax Expense	34.68	176.8	482.44	364.93	456.5	132.59
Earnings From Continuing Operations	270.08	653.88	932.2	1,324	1,849	752.9
Minority Interest in Earnings	-25.46	-154.86	-366.53	-335.57	-178.41	-35.85
Net Income	244.63	499.02	565.67	988.69	1,671	717.06
Net Income to Common	244.63	499.02	565.67	988.69	1,671	717.06
Net Income Growth	-66.86%	-11.78%	-42.79%	-40.83%	133.04%	5.00%
Shares Outstanding (Basic)	2,064	2,065	2,064	2,064	2,064	2,064
Shares Outstanding (Diluted)	2,064	2,065	2,064	2,064	2,064	2,064
Shares Change (YoY)	0.00%	0.01%	-	0.01%	0.01%	-0.02%
EPS (Basic)	0.12	0.24	0.27	0.48	0.81	0.35
EPS (Diluted)	0.12	0.24	0.27	0.48	0.81	0.35
EPS Growth	-66.86%	-11.79%	-42.79%	-40.84%	133.02%	5.02%
Free Cash Flow	-232.16	715.27	1,340	2,031	1,513	1,956
Free Cash Flow Per Share	-0.11	0.35	0.65	0.98	0.73	0.95
Dividend Per Share	0.073	0.073	0.083	0.146	0.245	0.245
Dividend Growth	-12.05%	-12.05%	-43.15%	-40.41%	-	47.59%
Gross Margin	13.30%	15.66%	20.13%	18.84%	21.70%	17.34%
Operating Margin	1.63%	4.25%	7.58%	8.46%	11.03%	6.00%
Profit Margin	1.21%	2.34%	2.58%	4.17%	7.21%	4.03%
Free Cash Flow Margin	-1.15%	3.35%	6.12%	8.58%	6.53%	11.00%
EBITDA	1,547	2,094	2,828	3,160	3,737	2,205
EBITDA Margin	7.67%	9.80%	12.90%	13.35%	16.12%	12.40%
D&A For EBITDA	1,219	1,186	1,168	1,158	1,180	1,137
EBIT	328.21	907.73	1,661	2,003	2,557	1,068
EBIT Margin	1.63%	4.25%	7.58%	8.46%	11.03%	6.00%
Effective Tax Rate	11.38%	21.28%	34.10%	21.60%	19.80%	14.97%
Revenue as Reported	20,163	21,361	21,920	23,680	23,182	17,780
Advertising Expenses	-	0.01	0.05	-	-	-

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