Jiangsu Evergreen New Material Technology Incorporated Company (SHA:603125)

SHA:603125 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	1,020	1,078	1,018	962.63	757.37	561.91
Other Revenue	1.8	2.39	1.2	0.98	0.98	0.9
Revenue	1,022	1,080	1,019	963.61	758.35	562.81
Revenue Growth (YoY)	-3.83%	5.98%	5.75%	27.07%	34.74%	3.65%
Cost of Revenue	732.11	762.83	697.38	668.82	531.09	354.45
Gross Profit	289.95	317.1	321.64	294.79	227.27	208.36
Selling, General & Admin	59.09	54.22	53.84	42.97	40.89	34.65
Research & Development	52.72	49.77	41.2	31.58	9.76	11.59
Other Operating Expenses	1.99	1.9	4.12	6.15	4.17	4.67
Operating Expenses	113.17	108.09	100.59	83.61	53.82	49.98
Operating Income	176.78	209.01	221.04	211.18	173.45	158.38
Interest Expense	-	-	-	-0.7	-0.83	-1.56
Interest & Investment Income	19.41	26.94	18.34	0.71	0.28	0.47
Currency Exchange Gain (Loss)	2.53	2.58	2.85	9.93	-2.73	-3.77
Other Non Operating Income (Expenses)	-0.45	-0.51	-0.1	-0.36	-0.51	-0.25
EBT Excluding Unusual Items	198.27	238.03	242.12	220.75	169.66	153.26
Gain (Loss) on Sale of Investments	-0.24	-0.82	2.38	-	-	-
Gain (Loss) on Sale of Assets	-1.37	-1.46	-0.13	-0.23	-0.07	-0.75
Asset Writedown	-	-	-	-	-	-1.61
Legal Settlements	0	-0	-0.03	-	-	-
Other Unusual Items	1.44	0.85	1.56	0.4	-1.11	0.97
Pretax Income	198.11	236.6	245.91	220.92	168.48	151.88
Income Tax Expense	26.77	32.36	33.33	30.27	24.84	23.44
Net Income	171.34	204.24	212.57	190.65	143.64	128.44
Net Income to Common	171.34	204.24	212.57	190.65	143.64	128.44
Net Income Growth	-16.95%	-3.92%	11.50%	32.73%	11.83%	65.86%
Shares Outstanding (Basic)	406	406	371	304	305	276
Shares Outstanding (Diluted)	406	406	371	304	305	276
Shares Change (YoY)	-0.69%	9.25%	22.29%	-0.44%	10.69%	6.61%
EPS (Basic)	0.42	0.50	0.57	0.63	0.47	0.47
EPS (Diluted)	0.42	0.50	0.57	0.63	0.47	0.47
EPS Growth	-16.37%	-12.05%	-8.82%	33.32%	1.03%	55.57%
Free Cash Flow	-161.66	-113.36	98.09	103.75	44.22	80.87
Free Cash Flow Per Share	-0.40	-0.28	0.26	0.34	0.14	0.29
Dividend Per Share	0.103	0.103	0.109	0.043	0.043	-
Dividend Growth	-5.48%	-5.48%	155.61%	-	-	-
Gross Margin	28.37%	29.36%	31.56%	30.59%	29.97%	37.02%
Operating Margin	17.30%	19.35%	21.69%	21.92%	22.87%	28.14%
Profit Margin	16.76%	18.91%	20.86%	19.79%	18.94%	22.82%
Free Cash Flow Margin	-15.82%	-10.50%	9.63%	10.77%	5.83%	14.37%
EBITDA	209.69	235.68	248.47	231.34	196.21	162.46
EBITDA Margin	20.52%	21.82%	24.38%	24.01%	25.87%	28.87%
D&A For EBITDA	32.91	26.67	27.43	20.16	22.76	4.08
EBIT	176.78	209.01	221.04	211.18	173.45	158.38
EBIT Margin	17.30%	19.35%	21.69%	21.92%	22.87%	28.14%
Effective Tax Rate	13.51%	13.68%	13.56%	13.70%	14.74%	15.43%
Revenue as Reported	1,022	1,080	1,019	963.61	-	-
Advertising Expenses	-	0.19	0.11	0.39	-	-

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