Shanghai Sunglow Packaging Technology Co.,Ltd (SHA:603499)

SHA:603499 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,041	885.32	694.09	636.07	616.3	458.39
Other Revenue	-	-	-	27.02	31.42	25.55
Revenue	1,041	885.32	694.09	663.08	647.71	483.94
Revenue Growth (YoY)	32.23%	27.55%	4.67%	2.37%	33.84%	48.83%
Cost of Revenue	887.93	666.32	679.71	556.22	554.59	396.37
Gross Profit	152.73	219	14.38	106.86	93.12	87.56
Selling, General & Admin	-0.8	96.58	-	79.98	81.87	63.2
Research & Development	8.2	29.35	-	27.92	34.78	23.56
Other Operating Expenses	-9.37	-18.84	-	-13.7	-13	-10.6
Operating Expenses	-2.43	107.1	-	93.56	103.18	73.98
Operating Income	155.15	111.9	14.38	13.3	-10.06	13.59
Interest Expense	-0.12	-	-	-20.5	-16.6	-10.77
Interest & Investment Income	2.47	0.01	-	1.72	2.05	3.82
Currency Exchange Gain (Loss)	-	-	-	0.48	-0.33	-0.36
Other Non Operating Income (Expenses)	-0.36	-16.77	0.52	-0.37	0.57	-0.61
EBT Excluding Unusual Items	157.15	95.14	14.9	-5.37	-24.37	5.68
Gain (Loss) on Sale of Investments	-0.4	0.69	-	-	-	-
Gain (Loss) on Sale of Assets	-1.33	0.07	-	3.28	-0.93	-0.42
Asset Writedown	-0.07	-9.68	-	-	-	-
Other Unusual Items	0.2	-	-	5.72	4.86	6.98
Pretax Income	155.55	86.22	14.9	3.63	-20.44	12.24
Income Tax Expense	28.42	6.75	7.22	-14.42	-5.61	-0.34
Earnings From Continuing Operations	127.13	79.47	7.69	18.06	-14.83	12.59
Minority Interest in Earnings	0.34	-13.74	-	-4.39	-3.59	-4.64
Net Income	127.47	65.73	7.69	13.66	-18.42	7.95
Net Income to Common	127.47	65.73	7.69	13.66	-18.42	7.95
Net Income Growth	290.21%	755.25%	-43.75%	-	-	-46.34%
Shares Outstanding (Basic)	302	297	269	273	286	278
Shares Outstanding (Diluted)	302	297	269	273	286	278
Shares Change (YoY)	8.54%	10.48%	-1.67%	-4.61%	3.12%	-6.19%
EPS (Basic)	0.42	0.22	0.03	0.05	-0.06	0.03
EPS (Diluted)	0.42	0.22	0.03	0.05	-0.06	0.03
EPS Growth	259.50%	674.13%	-42.80%	-	-	-42.80%
Free Cash Flow	-	63.82	-7.59	5.95	-48.22	-42.48
Free Cash Flow Per Share	-	0.21	-0.03	0.02	-0.17	-0.15
Dividend Per Share	0.143	0.143	0.039	0.011	-	-
Dividend Growth	567.76%	263.61%	267.29%	-	-	-
Gross Margin	14.68%	24.74%	2.07%	16.12%	14.38%	18.09%
Operating Margin	14.91%	12.64%	2.07%	2.01%	-1.55%	2.81%
Profit Margin	12.25%	7.42%	1.11%	2.06%	-2.84%	1.64%
Free Cash Flow Margin	-	7.21%	-1.09%	0.90%	-7.44%	-8.78%
EBITDA	-	174.28	66.93	60.41	36.75	51.87
EBITDA Margin	-	19.69%	9.64%	9.11%	5.67%	10.72%
D&A For EBITDA	-	62.39	52.55	47.11	46.81	38.28
EBIT	155.15	111.9	14.38	13.3	-10.06	13.59
EBIT Margin	14.91%	12.64%	2.07%	2.01%	-1.55%	2.81%
Effective Tax Rate	18.27%	7.82%	48.42%	-	-	-
Revenue as Reported	155.34	-	-	663.08	647.71	483.94

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