Fuda Alloy Materials Co.,Ltd (SHA:603045)

SHA:603045 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	4,570	3,763	2,653	2,119	2,845	2,081
Other Revenue	87.67	87.67	139.12	73.68	86.58	223.31
Revenue	4,658	3,851	2,792	2,193	2,931	2,305
Revenue Growth (YoY)	31.76%	37.94%	27.31%	-25.19%	27.19%	47.37%
Cost of Revenue	4,287	3,526	2,515	1,953	2,616	2,062
Gross Profit	370.75	324.89	276.86	239.99	315.35	242.72
Selling, General & Admin	108.59	100.57	89.72	96.51	102.76	85.8
Research & Development	146.7	129.91	98.48	69.21	91.52	74.51
Other Operating Expenses	16.45	10.7	9.59	5.92	7.65	5.88
Operating Expenses	278.49	254.4	204.52	169.85	201.3	173.52
Operating Income	92.26	70.49	72.34	70.14	114.05	69.2
Interest Expense	-65.27	-62	-53.02	-54.65	-62.17	-38.07
Interest & Investment Income	2.59	3.59	2.24	2.65	0.96	1.22
Currency Exchange Gain (Loss)	1.6	1.6	3.57	2.28	0.43	-0.8
Other Non Operating Income (Expenses)	0.78	-2.53	-0.07	-1.52	-2.5	-1.75
EBT Excluding Unusual Items	31.95	11.14	25.05	18.89	50.76	29.8
Gain (Loss) on Sale of Investments	-	-	-	-	2.63	1.22
Gain (Loss) on Sale of Assets	-1.43	-1.8	-2.45	-0.66	-1.21	-1.49
Asset Writedown	-1.03	-	-	-	-1.25	-
Other Unusual Items	36.7	36.7	18.27	11.85	7.86	13.7
Pretax Income	66.2	46.04	40.86	30.08	58.8	43.23
Income Tax Expense	7.73	0.4	0.01	0.31	1.7	-0.98
Net Income	59.57	45.63	40.86	29.77	57.09	44.2
Net Income to Common	59.57	45.63	40.86	29.77	57.09	44.2
Net Income Growth	21.86%	11.69%	37.24%	-47.86%	29.16%	-39.59%
Shares Outstanding (Basic)	135	135	135	135	135	136
Shares Outstanding (Diluted)	135	135	135	135	135	136
Shares Change (YoY)	-0.03%	-0.01%	0.02%	-0.01%	-0.41%	-1.12%
EPS (Basic)	0.44	0.34	0.30	0.22	0.42	0.33
EPS (Diluted)	0.44	0.34	0.30	0.22	0.42	0.33
EPS Growth	21.90%	11.70%	37.22%	-47.85%	29.69%	-38.91%
Free Cash Flow	-497.28	-416.75	-158.05	158.31	-284.49	-100.1
Free Cash Flow Per Share	-3.67	-3.08	-1.17	1.17	-2.10	-0.74
Dividend Per Share	0.061	0.061	0.061	0.044	-	0.080
Dividend Growth	-	-	38.64%	-	-	-46.67%
Gross Margin	7.96%	8.44%	9.92%	10.94%	10.76%	10.53%
Operating Margin	1.98%	1.83%	2.59%	3.20%	3.89%	3.00%
Profit Margin	1.28%	1.19%	1.46%	1.36%	1.95%	1.92%
Free Cash Flow Margin	-10.68%	-10.82%	-5.66%	7.22%	-9.71%	-4.34%
EBITDA	140.63	119.59	122.41	119.91	168.39	93.95
EBITDA Margin	3.02%	3.11%	4.38%	5.47%	5.75%	4.08%
D&A For EBITDA	48.37	49.1	50.08	49.78	54.34	24.74
EBIT	92.26	70.49	72.34	70.14	114.05	69.2
EBIT Margin	1.98%	1.83%	2.59%	3.20%	3.89%	3.00%
Effective Tax Rate	11.68%	0.88%	0.01%	1.04%	2.90%	-
Revenue as Reported	4,658	3,851	2,792	2,193	2,931	2,305

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.