Epoxy Base Electronic Material Corporation Limited (SHA:603002)

SHA:603002 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	2,191	2,117	2,222	3,008	4,431	2,490
Other Revenue	27.17	27.17	18.07	14.9	22.14	14.52
Revenue	2,218	2,144	2,240	3,022	4,453	2,504
Revenue Growth (YoY)	1.67%	-4.29%	-25.87%	-32.12%	77.81%	6.55%
Cost of Revenue	2,066	1,999	2,055	2,743	3,830	2,120
Gross Profit	152.12	145.08	184.94	279.6	623.2	383.71
Selling, General & Admin	80.9	76.04	71.72	74.83	98.32	81.37
Research & Development	46.81	45.39	45.39	57.29	76.88	48.58
Other Operating Expenses	-0.57	1.55	-0.89	10.13	13.61	3.92
Operating Expenses	129.32	124.26	116.17	141.97	189.22	133.68
Operating Income	22.81	20.82	68.77	137.63	433.97	250.04
Interest Expense	-3.87	-1.94	-5.56	-6.86	-14.75	-7.23
Interest & Investment Income	30.29	35.07	27.59	28.45	16.84	10.51
Currency Exchange Gain (Loss)	2.65	2.65	2.4	-0.3	1.04	2
Other Non Operating Income (Expenses)	-1.1	-0.76	-1.18	-1.66	-3.46	-2.04
EBT Excluding Unusual Items	50.77	55.85	92.03	157.26	433.64	253.27
Gain (Loss) on Sale of Investments	-	-	0.25	-	0.06	0.08
Gain (Loss) on Sale of Assets	-1.33	-0.41	-0.06	483.84	-0.28	2.39
Asset Writedown	-0.39	-	-	-	-	-
Other Unusual Items	2.77	2.78	3.19	9.05	2.63	1.86
Pretax Income	51.83	58.22	95.41	650.15	436.05	257.6
Income Tax Expense	6.64	7.62	8.77	93.36	61.49	33.54
Net Income	45.18	50.61	86.63	556.78	374.56	224.06
Net Income to Common	45.18	50.61	86.63	556.78	374.56	224.06
Net Income Growth	-43.56%	-41.59%	-84.44%	48.65%	67.17%	38.59%
Shares Outstanding (Basic)	1,130	1,265	963	898	914	896
Shares Outstanding (Diluted)	1,130	1,265	963	898	914	896
Shares Change (YoY)	9.79%	31.43%	7.19%	-1.70%	1.93%	-0.21%
EPS (Basic)	0.04	0.04	0.09	0.62	0.41	0.25
EPS (Diluted)	0.04	0.04	0.09	0.62	0.41	0.25
EPS Growth	-48.59%	-55.56%	-85.48%	51.22%	64.00%	38.89%
Free Cash Flow	-538.39	-513.2	32.28	-84.44	299.84	200.6
Free Cash Flow Per Share	-0.48	-0.41	0.03	-0.09	0.33	0.22
Dividend Per Share	0.020	0.020	0.050	0.200	0.290	0.247
Dividend Growth	-60.00%	-60.00%	-75.00%	-31.03%	17.17%	292.86%
Gross Margin	6.86%	6.77%	8.25%	9.25%	14.00%	15.32%
Operating Margin	1.03%	0.97%	3.07%	4.55%	9.75%	9.98%
Profit Margin	2.04%	2.36%	3.87%	18.42%	8.41%	8.95%
Free Cash Flow Margin	-24.27%	-23.93%	1.44%	-2.79%	6.73%	8.01%
EBITDA	75.39	73.84	123.56	191.43	487.83	287.77
EBITDA Margin	3.40%	3.44%	5.51%	6.33%	10.96%	11.49%
D&A For EBITDA	52.58	53.02	54.78	53.79	53.86	37.73
EBIT	22.81	20.82	68.77	137.63	433.97	250.04
EBIT Margin	1.03%	0.97%	3.07%	4.55%	9.75%	9.98%
Effective Tax Rate	12.81%	13.08%	9.20%	14.36%	14.10%	13.02%
Revenue as Reported	2,218	2,144	2,240	3,022	4,453	2,504

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