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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	971.69	885.32	694.09	636.07	616.3	458.39
Other Revenue	-	-	-	27.02	31.42	25.55
Revenue	971.69	885.32	694.09	663.08	647.71	483.94
Revenue Growth (YoY)	36.67%	27.55%	4.67%	2.37%	33.84%	48.83%
Cost of Revenue	849.79	666.32	679.71	556.22	554.59	396.37
Gross Profit	121.9	219	14.38	106.86	93.12	87.56
Selling, General & Admin	-1.87	96.58	-	79.98	81.87	63.2
Research & Development	1.89	29.35	-	27.92	34.78	23.56
Other Operating Expenses	-4.55	-18.84	-	-13.7	-13	-10.6
Operating Expenses	-4.31	107.1	-	93.56	103.18	73.98
Operating Income	126.21	111.9	14.38	13.3	-10.06	13.59
Interest Expense	-0.15	-	-	-20.5	-16.6	-10.77
Interest & Investment Income	2.13	0.01	-	1.72	2.05	3.82
Currency Exchange Gain (Loss)	-	-	-	0.48	-0.33	-0.36
Other Non Operating Income (Expenses)	-0.44	-16.77	0.52	-0.37	0.57	-0.61
EBT Excluding Unusual Items	127.75	95.14	14.9	-5.37	-24.37	5.68
Gain (Loss) on Sale of Investments	-0.08	0.69	-	-	-	-
Gain (Loss) on Sale of Assets	-0.14	0.07	-	3.28	-0.93	-0.42
Asset Writedown	0.02	-9.68	-	-	-	-
Other Unusual Items	-0.03	-	-	5.72	4.86	6.98
Pretax Income	127.52	86.22	14.9	3.63	-20.44	12.24
Income Tax Expense	25.81	6.75	7.22	-14.42	-5.61	-0.34
Earnings From Continuing Operations	101.71	79.47	7.69	18.06	-14.83	12.59
Minority Interest in Earnings	-0.09	-13.74	-	-4.39	-3.59	-4.64
Net Income	101.62	65.73	7.69	13.66	-18.42	7.95
Net Income to Common	101.62	65.73	7.69	13.66	-18.42	7.95
Net Income Growth	1099.57%	755.25%	-43.75%	-	-	-46.34%
Shares Outstanding (Basic)	300	212	269	273	286	278
Shares Outstanding (Diluted)	300	212	269	273	286	278
Shares Change (YoY)	11.75%	-21.10%	-1.67%	-4.61%	3.12%	-6.19%
EPS (Basic)	0.34	0.31	0.03	0.05	-0.06	0.03
EPS (Diluted)	0.34	0.31	0.03	0.05	-0.06	0.03
EPS Growth	973.51%	983.92%	-42.80%	-	-	-42.80%
Free Cash Flow	-	63.82	-7.59	5.95	-48.22	-42.48
Free Cash Flow Per Share	-	0.30	-0.03	0.02	-0.17	-0.15
Dividend Per Share	-	-	0.039	0.011	-	-
Dividend Growth	-	-	267.29%	-	-	-
Gross Margin	12.55%	24.74%	2.07%	16.12%	14.38%	18.09%
Operating Margin	12.99%	12.64%	2.07%	2.01%	-1.55%	2.81%
Profit Margin	10.46%	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	126.21	111.9	14.38	13.3	-10.06	13.59
EBIT Margin	12.99%	12.64%	2.07%	2.01%	-1.55%	2.81%
Effective Tax Rate	20.24%	7.82%	48.42%	-	-	-
Revenue as Reported	86.37	-	-	663.08	647.71	483.94

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