Zhejiang Sanmei Chemical Industry Co.,Ltd. (SHA: 603379)

Zhejiang Sanmei Chemical Industry Co.,Ltd. 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	3,642	3,266	4,636	3,872	2,636	3,868
Other Revenue	-4.37	68.13	134.63	176.16	84.8	66.19
Revenue	3,638	3,334	4,771	4,048	2,721	3,935
Revenue Growth (YoY)	-7.62%	-30.12%	17.84%	48.80%	-30.85%	-11.67%
Cost of Revenue	2,855	2,888	4,043	3,144	2,320	2,780
Gross Profit	782.85	445.79	727.28	904.23	400.32	1,155
Selling, General & Admin	209.15	217.03	229.61	185.72	156.37	362.84
Research & Development	70.31	53.06	38.31	26.82	25.25	23.07
Other Operating Expenses	29.08	19.4	21.48	11.36	11.7	23.66
Operating Expenses	312.35	284.52	275.84	244.71	191.07	408.41
Operating Income	470.5	161.27	451.44	659.52	209.25	746.28
Interest Expense	-0.15	-0.17	-0.31	-0.29	-0.33	-5.53
Interest & Investment Income	112.22	111.42	70.96	22.33	67.32	61.64
Currency Exchange Gain (Loss)	3.55	16.12	92.36	-23.41	-39.52	15.94
Other Non Operating Income (Expenses)	7.94	8.07	2.99	-12.54	-3.34	-34.78
EBT Excluding Unusual Items	594.05	296.71	617.44	645.61	233.39	783.55
Impairment of Goodwill	-	-	-	-0.07	-	-
Gain (Loss) on Sale of Investments	-7.93	-11.12	12.44	57.43	26.64	9.77
Gain (Loss) on Sale of Assets	3.1	-0.97	-2.78	-2.69	-3.75	-0.33
Asset Writedown	-	-	-	-	-	-4.09
Other Unusual Items	97.66	90.82	16.14	3.08	38.37	39.31
Pretax Income	686.88	375.43	643.24	703.36	294.64	828.21
Income Tax Expense	153.24	95.78	157.67	167.19	73.07	182.91
Earnings From Continuing Operations	533.64	279.64	485.57	536.17	221.57	645.3
Minority Interest in Earnings	-	-	-	-	0.27	0.61
Net Income	533.64	279.64	485.57	536.17	221.85	645.91
Net Income to Common	533.64	279.64	485.57	536.17	221.85	645.91
Net Income Growth	96.73%	-42.41%	-9.44%	141.69%	-65.65%	-41.69%
Shares Outstanding (Basic)	604	608	607	609	616	587
Shares Outstanding (Diluted)	604	608	607	609	616	587
Shares Change (YoY)	-1.69%	0.16%	-0.38%	-1.13%	4.95%	11.32%
EPS (Basic)	0.88	0.46	0.80	0.88	0.36	1.10
EPS (Diluted)	0.88	0.46	0.80	0.88	0.36	1.10
EPS Growth	100.11%	-42.50%	-9.09%	144.44%	-67.27%	-47.62%
Free Cash Flow	-346.99	-164.89	200.02	100.83	421.19	505.18
Free Cash Flow Per Share	-0.57	-0.27	0.33	0.17	0.68	0.86
Dividend Per Share	0.230	0.230	0.239	0.170	0.110	0.321
Dividend Growth	-3.77%	-3.77%	40.59%	54.55%	-65.77%	-
Gross Margin	21.52%	13.37%	15.24%	22.34%	14.71%	29.35%
Operating Margin	12.93%	4.84%	9.46%	16.29%	7.69%	18.97%
Profit Margin	14.67%	8.39%	10.18%	13.24%	8.15%	16.42%
Free Cash Flow Margin	-9.54%	-4.95%	4.19%	2.49%	15.48%	12.84%
EBITDA	598.05	274.44	552.68	756.4	304.72	834.17
EBITDA Margin	16.44%	8.23%	11.58%	18.68%	11.20%	21.20%
D&A For EBITDA	127.55	113.17	101.24	96.89	95.47	87.88
EBIT	470.5	161.27	451.44	659.52	209.25	746.28
EBIT Margin	12.93%	4.84%	9.46%	16.29%	7.69%	18.97%
Effective Tax Rate	22.31%	25.51%	24.51%	23.77%	24.80%	22.09%
Revenue as Reported	3,638	3,334	4,771	4,048	2,721	3,935
Advertising Expenses	-	2.99	5.14	5.23	5.79	9.61

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