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

SHA:603379 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	4,761	3,974	3,266	4,636	3,872	2,636
Other Revenue	65.71	65.76	68.13	134.63	176.16	84.8
Revenue	4,827	4,040	3,334	4,771	4,048	2,721
Revenue Growth (YoY)	32.68%	21.17%	-30.12%	17.84%	48.80%	-30.85%
Cost of Revenue	2,778	2,839	2,888	4,043	3,144	2,320
Gross Profit	2,049	1,200	445.79	727.28	904.23	400.32
Selling, General & Admin	268.3	227.87	217.03	229.61	185.72	156.37
Research & Development	93.47	80.95	53.06	38.31	26.82	25.25
Other Operating Expenses	32.21	14.33	19.75	21.48	11.36	11.7
Operating Expenses	397.24	324.45	284.87	275.84	244.71	191.07
Operating Income	1,652	875.72	160.92	451.44	659.52	209.25
Interest Expense	-0.09	-0.16	-0.17	-0.31	-0.29	-0.33
Interest & Investment Income	66.41	79.27	111.42	70.96	22.33	67.32
Currency Exchange Gain (Loss)	11.54	20.04	16.12	92.36	-23.41	-39.52
Other Non Operating Income (Expenses)	0.57	5.09	8.42	2.99	-12.54	-3.34
EBT Excluding Unusual Items	1,730	979.95	296.71	617.44	645.61	233.39
Impairment of Goodwill	-	-	-	-	-0.07	-
Gain (Loss) on Sale of Investments	-0.17	-1.71	-11.12	12.44	57.43	26.64
Gain (Loss) on Sale of Assets	-5.04	1.39	-0.97	-2.78	-2.69	-3.75
Asset Writedown	-26.37	-26.37	-	-	-	-
Other Unusual Items	21.59	12.18	90.82	16.14	3.08	38.37
Pretax Income	1,720	965.44	375.43	643.24	703.36	294.64
Income Tax Expense	340.63	190.6	95.78	157.67	167.19	73.07
Earnings From Continuing Operations	1,380	774.84	279.64	485.57	536.17	221.57
Minority Interest in Earnings	9.87	3.7	-	-	-	0.27
Net Income	1,389	778.54	279.64	485.57	536.17	221.85
Net Income to Common	1,389	778.54	279.64	485.57	536.17	221.85
Net Income Growth	160.38%	178.40%	-42.41%	-9.44%	141.69%	-65.65%
Shares Outstanding (Basic)	609	608	608	607	609	616
Shares Outstanding (Diluted)	614	613	608	607	609	616
Shares Change (YoY)	1.65%	0.84%	0.16%	-0.38%	-1.13%	4.95%
EPS (Basic)	2.28	1.28	0.46	0.80	0.88	0.36
EPS (Diluted)	2.26	1.27	0.46	0.80	0.88	0.36
EPS Growth	156.15%	176.09%	-42.50%	-9.09%	144.44%	-67.27%
Free Cash Flow	380.85	-28.05	-164.89	200.02	100.83	421.19
Free Cash Flow Per Share	0.62	-0.05	-0.27	0.33	0.17	0.68
Dividend Per Share	0.450	0.450	0.230	0.239	0.170	0.110
Dividend Growth	95.65%	95.65%	-3.77%	40.59%	54.55%	-65.77%
Gross Margin	42.45%	29.71%	13.37%	15.25%	22.34%	14.71%
Operating Margin	34.22%	21.68%	4.83%	9.46%	16.29%	7.69%
Profit Margin	28.79%	19.27%	8.39%	10.18%	13.24%	8.15%
Free Cash Flow Margin	7.89%	-0.69%	-4.95%	4.19%	2.49%	15.48%
EBITDA	1,798	1,015	274.71	552.68	756.4	304.72
EBITDA Margin	37.25%	25.12%	8.24%	11.58%	18.68%	11.20%
D&A For EBITDA	146.15	139.19	113.79	101.24	96.89	95.47
EBIT	1,652	875.72	160.92	451.44	659.52	209.25
EBIT Margin	34.22%	21.68%	4.83%	9.46%	16.29%	7.69%
Effective Tax Rate	19.80%	19.74%	25.51%	24.51%	23.77%	24.80%
Revenue as Reported	4,827	4,040	3,334	4,771	4,048	2,721
Advertising Expenses	-	2.19	2.99	5.14	5.23	5.79

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