New East New Materials Co., Ltd (SHA: 603110)

New East New Materials Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	397.33	392.4	402.21	392.51	406.06	403.57
Other Revenue	0.5	1.18	2	3.37	8.91	9.15
Revenue	397.83	393.58	404.21	395.89	414.97	412.72
Revenue Growth (YoY)	-2.55%	-2.63%	2.10%	-4.60%	0.55%	5.17%
Cost of Revenue	288.88	287.31	304.25	292.72	271.95	257.45
Gross Profit	108.95	106.27	99.96	103.17	143.02	155.27
Selling, General & Admin	81.66	77.77	72.14	74.79	68.74	73.92
Research & Development	17.08	15.66	14.29	17.99	17.87	17.89
Other Operating Expenses	1.37	2.75	3.58	2.94	4.31	4.6
Operating Expenses	101.93	96.77	91	95.7	92.56	102.37
Operating Income	7.03	9.5	8.96	7.47	50.46	52.9
Interest Expense	-	-0	-0.02	-0.06	-0.17	-2.21
Interest & Investment Income	2.39	5.64	7.85	7.68	6.74	5.75
Other Non Operating Income (Expenses)	1	-1.44	-0.22	-0.06	0.04	-0.03
EBT Excluding Unusual Items	10.42	13.69	16.57	15.04	57.07	56.41
Gain (Loss) on Sale of Investments	-0.04	-0.34	0	0.1	0.24	1.64
Gain (Loss) on Sale of Assets	49.29	49.15	-0.4	47.4	-0.03	-0.02
Asset Writedown	0.14	-	-	-	-	-
Other Unusual Items	0.76	1.09	7.07	2.47	1.79	3.08
Pretax Income	60.57	63.6	23.25	65	59.07	61.12
Income Tax Expense	11	11.58	3.53	9.31	9.29	8.59
Net Income	49.56	52.02	19.72	55.69	49.78	52.53
Net Income to Common	49.56	52.02	19.72	55.69	49.78	52.53
Net Income Growth	174.37%	163.84%	-64.60%	11.88%	-5.24%	60.16%
Shares Outstanding (Basic)	193	200	197	199	199	199
Shares Outstanding (Diluted)	193	200	197	199	199	199
Shares Change (YoY)	-3.94%	1.48%	-0.88%	-0.11%	0.18%	-0.44%
EPS (Basic)	0.26	0.26	0.10	0.28	0.25	0.26
EPS (Diluted)	0.26	0.26	0.10	0.28	0.25	0.26
EPS Growth	185.63%	160.00%	-64.29%	12.00%	-5.41%	60.86%
Free Cash Flow	-80.15	-37.29	10.36	-28.28	43.59	71.8
Free Cash Flow Per Share	-0.42	-0.19	0.05	-0.14	0.22	0.36
Dividend Per Share	-	-	0.150	0.180	0.193	0.200
Dividend Growth	-	-	-16.67%	-6.69%	-3.55%	0%
Gross Margin	27.39%	27.00%	24.73%	26.06%	34.47%	37.62%
Operating Margin	1.77%	2.41%	2.22%	1.89%	12.16%	12.82%
Profit Margin	12.46%	13.22%	4.88%	14.07%	12.00%	12.73%
Free Cash Flow Margin	-20.15%	-9.47%	2.56%	-7.14%	10.51%	17.40%
EBITDA	24.93	26.31	24.35	22.27	65.08	68.38
EBITDA Margin	6.27%	6.69%	6.02%	5.63%	15.68%	16.57%
D&A For EBITDA	17.9	16.82	15.4	14.8	14.62	15.48
EBIT	7.03	9.5	8.96	7.47	50.46	52.9
EBIT Margin	1.77%	2.41%	2.22%	1.89%	12.16%	12.82%
Effective Tax Rate	18.17%	18.21%	15.20%	14.32%	15.72%	14.05%
Revenue as Reported	214.12	393.58	404.21	395.89	414.97	412.72

Source: S&P Capital IQ. Standard template. Financial Sources.