Universal Scientific Industrial (Shanghai) Co., Ltd. (SHA:601231)

SHA:601231 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	60,771	60,615	60,730	68,470	55,254	47,672
Other Revenue	75.98	75.98	62.07	45.98	46.05	24.13
Revenue	60,847	60,691	60,792	68,516	55,300	47,696
Revenue Growth (YoY)	-0.71%	-0.17%	-11.27%	23.90%	15.94%	28.20%
Cost of Revenue	55,074	54,920	55,133	61,418	50,044	42,859
Gross Profit	5,774	5,771	5,659	7,098	5,256	4,837
Selling, General & Admin	1,788	1,780	1,557	1,719	1,453	1,320
Research & Development	1,930	1,908	1,807	2,019	1,625	1,561
Other Operating Expenses	105.36	114.13	77.36	55.43	49.82	61.71
Operating Expenses	3,857	3,834	3,463	3,804	3,133	2,935
Operating Income	1,917	1,936	2,196	3,294	2,123	1,902
Interest Expense	-391.01	-391.01	-400.22	-235	-201.33	-90.19
Interest & Investment Income	563.8	517.75	379.23	226.63	179.46	143.89
Currency Exchange Gain (Loss)	-215.82	-215.82	-32.02	136.34	-62.66	-63.27
Other Non Operating Income (Expenses)	-13.41	-10.1	-16.32	-8.2	-4.36	-2.74
EBT Excluding Unusual Items	1,860	1,837	2,127	3,414	2,034	1,889
Gain (Loss) on Sale of Investments	-21.55	-11.8	-27.11	31.84	44.59	-6.27
Gain (Loss) on Sale of Assets	7.96	7.53	6.33	2.72	-9.12	1.17
Asset Writedown	-14.97	-2.43	-0.91	-49.85	-	-
Other Unusual Items	23.36	23.36	84.73	78.43	69.25	89.32
Pretax Income	1,855	1,854	2,190	3,477	2,139	1,974
Income Tax Expense	217.17	209.65	239.98	417.21	282.17	240
Earnings From Continuing Operations	1,638	1,644	1,950	3,060	1,857	1,734
Minority Interest in Earnings	14.82	8.31	-1.86	-0.02	1.28	5.87
Net Income	1,653	1,652	1,948	3,060	1,858	1,739
Net Income to Common	1,653	1,652	1,948	3,060	1,858	1,739
Net Income Growth	-17.57%	-15.16%	-36.34%	64.69%	6.81%	37.82%
Shares Outstanding (Basic)	2,175	2,174	2,189	2,186	2,186	2,174
Shares Outstanding (Diluted)	2,204	2,203	2,239	2,267	2,239	2,174
Shares Change (YoY)	-2.62%	-1.59%	-1.22%	1.26%	2.95%	-0.08%
EPS (Basic)	0.76	0.76	0.89	1.40	0.85	0.80
EPS (Diluted)	0.75	0.75	0.87	1.35	0.83	0.80
EPS Growth	-15.35%	-13.79%	-35.56%	62.65%	3.75%	37.93%
Free Cash Flow	2,636	2,948	5,274	1,764	-2,617	380.19
Free Cash Flow Per Share	1.20	1.34	2.35	0.78	-1.17	0.17
Dividend Per Share	0.230	0.230	0.270	0.430	0.260	0.500
Dividend Growth	-14.82%	-14.82%	-37.21%	65.39%	-48.00%	185.71%
Gross Margin	9.49%	9.51%	9.31%	10.36%	9.50%	10.14%
Operating Margin	3.15%	3.19%	3.61%	4.81%	3.84%	3.99%
Profit Margin	2.72%	2.72%	3.20%	4.47%	3.36%	3.65%
Free Cash Flow Margin	4.33%	4.86%	8.67%	2.57%	-4.73%	0.80%
EBITDA	2,925	2,945	3,205	4,159	2,970	2,403
EBITDA Margin	4.81%	4.85%	5.27%	6.07%	5.37%	5.04%
D&A For EBITDA	1,009	1,009	1,009	864.43	846.81	501.71
EBIT	1,917	1,936	2,196	3,294	2,123	1,902
EBIT Margin	3.15%	3.19%	3.61%	4.81%	3.84%	3.99%
Effective Tax Rate	11.71%	11.31%	10.96%	12.00%	13.19%	12.16%
Revenue as Reported	-	-	-	68,516	55,300	47,696

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