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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	20,482	20,933	21,486	23,128	22,131	16,911
Other Revenue	428.38	428.38	434.07	552.2	1,051	869.51
Revenue	20,910	21,361	21,920	23,680	23,182	17,780
Revenue Growth (YoY)	-3.54%	-2.55%	-7.43%	2.15%	30.38%	-13.33%
Cost of Revenue	17,882	18,016	17,507	19,218	18,151	14,696
Gross Profit	3,028	3,346	4,413	4,461	5,031	3,084
Selling, General & Admin	1,538	1,578	1,850	1,814	1,899	1,601
Research & Development	590.88	607.49	595.51	330.22	221.36	192.85
Other Operating Expenses	235.93	255.52	308.8	312.81	336.97	215.09
Operating Expenses	2,361	2,438	2,753	2,459	2,475	2,016
Operating Income	666.93	907.73	1,661	2,003	2,557	1,068
Interest Expense	-136.92	-144.68	-246.48	-264.19	-278.53	-345.38
Interest & Investment Income	44.18	45.78	58.95	49.56	35.17	59.92
Currency Exchange Gain (Loss)	-21.06	-21.06	-5.6	-70.6	38.3	40.85
Other Non Operating Income (Expenses)	-38.6	-45.03	-65.69	-56.52	-74.42	-21.03
EBT Excluding Unusual Items	514.53	742.73	1,402	1,661	2,277	802.09
Gain (Loss) on Sale of Investments	0.52	-	-	-	-	0.08
Gain (Loss) on Sale of Assets	-16.22	-11.48	-23.33	-23.05	-29.07	-30.36
Asset Writedown	-14.33	-9.15	-9.92	-	-8.72	-6.61
Other Unusual Items	127.21	108.57	46.05	51.37	66.68	120.29
Pretax Income	611.72	830.68	1,415	1,689	2,306	885.5
Income Tax Expense	121.6	176.8	482.44	364.93	456.5	132.59
Earnings From Continuing Operations	490.12	653.88	932.2	1,324	1,849	752.9
Minority Interest in Earnings	-88.04	-154.86	-366.53	-335.57	-178.41	-35.85
Net Income	402.07	499.02	565.67	988.69	1,671	717.06
Net Income to Common	402.07	499.02	565.67	988.69	1,671	717.06
Net Income Growth	-45.73%	-11.78%	-42.79%	-40.83%	133.04%	5.00%
Shares Outstanding (Basic)	2,066	2,065	2,064	2,064	2,064	2,064
Shares Outstanding (Diluted)	2,066	2,065	2,064	2,064	2,064	2,064
Shares Change (YoY)	0.12%	0.01%	-	0.01%	0.01%	-0.02%
EPS (Basic)	0.19	0.24	0.27	0.48	0.81	0.35
EPS (Diluted)	0.19	0.24	0.27	0.48	0.81	0.35
EPS Growth	-45.80%	-11.79%	-42.79%	-40.84%	133.02%	5.02%
Free Cash Flow	273.33	715.27	1,340	2,031	1,513	1,956
Free Cash Flow Per Share	0.13	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	14.48%	15.66%	20.13%	18.84%	21.70%	17.34%
Operating Margin	3.19%	4.25%	7.58%	8.46%	11.03%	6.00%
Profit Margin	1.92%	2.34%	2.58%	4.17%	7.21%	4.03%
Free Cash Flow Margin	1.31%	3.35%	6.12%	8.58%	6.53%	11.00%
EBITDA	1,858	2,094	2,828	3,160	3,737	2,205
EBITDA Margin	8.88%	9.80%	12.90%	13.35%	16.12%	12.40%
D&A For EBITDA	1,191	1,186	1,168	1,158	1,180	1,137
EBIT	666.93	907.73	1,661	2,003	2,557	1,068
EBIT Margin	3.19%	4.25%	7.58%	8.46%	11.03%	6.00%
Effective Tax Rate	19.88%	21.28%	34.10%	21.60%	19.80%	14.97%
Revenue as Reported	20,910	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.