Zhejiang Rongtai Electric Material Co.,Ltd. (SHA:603119)

SHA:603119 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,208	1,134	799.65	666.69	521.62	364.98
Other Revenue	1.13	1.11	0.61	0.78	-	-
Revenue	1,209	1,135	800.26	667.48	521.62	364.98
Revenue Growth (YoY)	27.38%	41.80%	19.89%	27.96%	42.92%	19.18%
Cost of Revenue	803.14	766.55	513.92	437.95	347.48	252.88
Gross Profit	406.1	368.21	286.34	229.52	174.14	112.1
Selling, General & Admin	84.51	72.14	64.66	50.12	34.11	36.43
Research & Development	61.2	61.31	45.11	33.67	29.1	23.24
Other Operating Expenses	14.75	9.34	8.03	6.59	0.05	3.2
Operating Expenses	161.14	145.98	118.03	90	68.13	64.81
Operating Income	244.96	222.23	168.31	139.52	106.01	47.29
Interest Expense	-1.74	-1.23	-4.63	-4.72	-7.91	-6.71
Interest & Investment Income	16.78	23.84	9.01	0.79	2.57	4.25
Currency Exchange Gain (Loss)	5.06	3.32	4.4	3.66	-1.37	-1.26
Other Non Operating Income (Expenses)	-1.17	-0.43	-0.38	-3.61	8.85	-4.45
EBT Excluding Unusual Items	263.88	247.72	176.71	135.64	108.15	39.14
Gain (Loss) on Sale of Investments	0.51	0.19	-0.49	-	-	-3.02
Gain (Loss) on Sale of Assets	-0.42	-0.9	-0.33	-0.43	7.11	0.06
Asset Writedown	-	-	-	-	-0.2	-
Other Unusual Items	22.56	12.83	19.45	16.37	5.18	2.27
Pretax Income	286.47	259.85	195.33	151.57	120.24	38.45
Income Tax Expense	33.52	29.6	23.53	17.8	14.05	5.85
Earnings From Continuing Operations	252.96	230.25	171.8	133.77	106.19	32.6
Minority Interest in Earnings	-0.26	-	-	-	-1.91	-3.42
Net Income	252.69	230.25	171.8	133.77	104.28	29.18
Net Income to Common	252.69	230.25	171.8	133.77	104.28	29.18
Net Income Growth	24.30%	34.02%	28.43%	28.28%	257.42%	35.48%
Shares Outstanding (Basic)	367	365	324	272	266	104
Shares Outstanding (Diluted)	367	365	324	272	266	104
Shares Change (YoY)	1.93%	12.75%	19.29%	2.07%	155.98%	4.03%
EPS (Basic)	0.69	0.63	0.53	0.49	0.39	0.28
EPS (Diluted)	0.69	0.63	0.53	0.49	0.39	0.28
EPS Growth	21.94%	18.87%	7.66%	25.68%	41.46%	28.55%
Free Cash Flow	115.41	105.88	166.89	-16.49	33.62	33.18
Free Cash Flow Per Share	0.32	0.29	0.52	-0.06	0.13	0.32
Dividend Per Share	0.195	0.195	0.146	-	-	-
Dividend Growth	81.06%	33.38%	-	-	-	-
Gross Margin	33.58%	32.45%	35.78%	34.39%	33.38%	30.71%
Operating Margin	20.26%	19.58%	21.03%	20.90%	20.32%	12.96%
Profit Margin	20.90%	20.29%	21.47%	20.04%	19.99%	7.99%
Free Cash Flow Margin	9.54%	9.33%	20.85%	-2.47%	6.44%	9.09%
EBITDA	288.55	263.76	204.36	167.22	124.7	61.24
EBITDA Margin	23.86%	23.24%	25.54%	25.05%	23.91%	16.78%
D&A For EBITDA	43.59	41.53	36.06	27.69	18.68	13.95
EBIT	244.96	222.23	168.31	139.52	106.01	47.29
EBIT Margin	20.26%	19.58%	21.03%	20.90%	20.32%	12.96%
Effective Tax Rate	11.70%	11.39%	12.05%	11.74%	11.68%	15.21%
Revenue as Reported	1,209	1,135	800.26	667.48	-	-
Advertising Expenses	-	10.82	5.81	6.07	2.58	1.47

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