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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	4,117	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	4,205	3,851	2,792	2,193	2,931	2,305
Revenue Growth (YoY)	43.78%	37.94%	27.31%	-25.19%	27.19%	47.37%
Cost of Revenue	3,877	3,526	2,515	1,953	2,616	2,062
Gross Profit	328.08	324.89	276.86	239.99	315.35	242.72
Selling, General & Admin	106.11	100.57	89.72	96.51	102.76	85.8
Research & Development	138.51	129.91	98.48	69.21	91.52	74.51
Other Operating Expenses	10.06	10.7	9.59	5.92	7.65	5.88
Operating Expenses	266.17	254.4	204.52	169.85	201.3	173.52
Operating Income	61.92	70.49	72.34	70.14	114.05	69.2
Interest Expense	-64.58	-62	-53.02	-54.65	-62.17	-38.07
Interest & Investment Income	2.95	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)	-0.13	-2.53	-0.07	-1.52	-2.5	-1.75
EBT Excluding Unusual Items	1.75	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	-1.93	-1.8	-2.45	-0.66	-1.21	-1.49
Asset Writedown	0.61	-	-	-	-1.25	-
Other Unusual Items	36.67	36.7	18.27	11.85	7.86	13.7
Pretax Income	37.1	46.04	40.86	30.08	58.8	43.23
Income Tax Expense	3.48	0.4	0.01	0.31	1.7	-0.98
Net Income	33.62	45.63	40.86	29.77	57.09	44.2
Net Income to Common	33.62	45.63	40.86	29.77	57.09	44.2
Net Income Growth	-17.18%	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)	0.25	0.34	0.30	0.22	0.42	0.33
EPS (Diluted)	0.25	0.34	0.30	0.22	0.42	0.33
EPS Growth	-17.20%	11.70%	37.22%	-47.85%	29.69%	-38.91%
Free Cash Flow	-555.4	-416.75	-158.05	158.31	-284.49	-100.1
Free Cash Flow Per Share	-4.10	-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	7.80%	8.44%	9.92%	10.94%	10.76%	10.53%
Operating Margin	1.47%	1.83%	2.59%	3.20%	3.89%	3.00%
Profit Margin	0.80%	1.19%	1.46%	1.36%	1.95%	1.92%
Free Cash Flow Margin	-13.21%	-10.82%	-5.66%	7.22%	-9.71%	-4.34%
EBITDA	110.77	119.59	122.41	119.91	168.39	93.95
EBITDA Margin	2.63%	3.11%	4.38%	5.47%	5.75%	4.08%
D&A For EBITDA	48.86	49.1	50.08	49.78	54.34	24.74
EBIT	61.92	70.49	72.34	70.14	114.05	69.2
EBIT Margin	1.47%	1.83%	2.59%	3.20%	3.89%	3.00%
Effective Tax Rate	9.39%	0.88%	0.01%	1.04%	2.90%	-
Revenue as Reported	4,205	3,851	2,792	2,193	2,931	2,305

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.