Zhejiang Wanfeng Chemical Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	571.24	531.35	500.87	534.82	555.57	510.28
Other Revenue	3.79	3.79	2.69	10.36	8.1	6.15
Revenue	575.02	535.13	503.56	545.18	563.66	516.42
Revenue Growth (YoY)	15.59%	6.27%	-7.63%	-3.28%	9.15%	-23.25%
Cost of Revenue	422.17	412.53	382	402.01	397.78	348.05
Gross Profit	152.85	122.6	121.56	143.17	165.89	168.37
Selling, General & Admin	70.46	62.25	60.17	51.07	51.58	48.26
Research & Development	19.53	18.44	16.59	19.22	22.59	21.52
Other Operating Expenses	2.8	2.92	1.49	2.93	2.9	2.9
Operating Expenses	92.77	85.41	83.89	72.84	77.12	73.69
Operating Income	60.08	37.19	37.67	70.33	88.77	94.68
Interest Expense	-4.16	-4.15	-3.25	-2.01	-2.16	-3.47
Interest & Investment Income	9.1	11.43	7.31	1.38	1.11	2.99
Currency Exchange Gain (Loss)	1.59	1.59	0.93	5.03	-2.76	-1.86
Other Non Operating Income (Expenses)	-0.55	-0.55	-0.33	-0.12	0.66	1.06
EBT Excluding Unusual Items	66.07	45.51	42.33	74.61	85.62	93.4
Gain (Loss) on Sale of Investments	-0.02	-0.02	-0.05	-0.11	-	-
Gain (Loss) on Sale of Assets	-0.06	-0.04	-0.08	-0.63	-	-
Asset Writedown	-0.39	-	-	-	-0.01	-
Other Unusual Items	0.73	0.73	5.53	4.2	0.84	7.44
Pretax Income	66.34	46.18	47.73	78.07	86.44	100.84
Income Tax Expense	9.62	6.89	6.8	9.67	10.29	12.87
Earnings From Continuing Operations	56.72	39.29	40.94	68.41	76.16	87.98
Minority Interest in Earnings	-0.75	-0.96	-0.48	-0.79	-1.11	-0.61
Net Income	55.97	38.33	40.45	67.62	75.05	87.37
Net Income to Common	55.97	38.33	40.45	67.62	75.05	87.37
Net Income Growth	107.41%	-5.25%	-40.18%	-9.90%	-14.10%	-28.74%
Shares Outstanding (Basic)	134	132	119	99	100	100
Shares Outstanding (Diluted)	134	132	119	99	100	100
Shares Change (YoY)	1.86%	11.09%	19.65%	-0.56%	-	0.32%
EPS (Basic)	0.42	0.29	0.34	0.68	0.75	0.87
EPS (Diluted)	0.42	0.29	0.34	0.68	0.75	0.87
EPS Growth	103.63%	-14.71%	-50.00%	-9.33%	-13.79%	-29.27%
Free Cash Flow	12.2	-7.56	-44.32	45.16	31.15	33.16
Free Cash Flow Per Share	0.09	-0.06	-0.37	0.45	0.31	0.33
Dividend Per Share	0.090	0.090	0.100	-	0.200	0.300
Dividend Growth	-10.00%	-10.00%	-	-	-33.33%	-
Gross Margin	26.58%	22.91%	24.14%	26.26%	29.43%	32.60%
Operating Margin	10.45%	6.95%	7.48%	12.90%	15.75%	18.33%
Profit Margin	9.73%	7.16%	8.03%	12.40%	13.31%	16.92%
Free Cash Flow Margin	2.12%	-1.41%	-8.80%	8.28%	5.53%	6.42%
EBITDA	96.13	68.93	63.66	92.6	107.09	112.5
EBITDA Margin	16.72%	12.88%	12.64%	16.98%	19.00%	21.79%
D&A For EBITDA	36.05	31.74	25.99	22.26	18.32	17.82
EBIT	60.08	37.19	37.67	70.33	88.77	94.68
EBIT Margin	10.45%	6.95%	7.48%	12.90%	15.75%	18.33%
Effective Tax Rate	14.49%	14.92%	14.24%	12.38%	11.90%	12.76%
Revenue as Reported	575.02	535.13	503.56	545.18	563.66	516.42
Advertising Expenses	-	0.72	0.61	0.4	0.08	2.08

Source: S&P Global Market Intelligence. Standard template. Financial Sources.