Shanghai Yongguan Adhesive Products Corp., Ltd. (SHA:603681)

SHA:603681 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	6,618	6,140	5,415	4,940	3,781	2,393
Other Revenue	65.27	65.27	41.42	86.76	59.42	20.83
Revenue	6,683	6,205	5,457	5,027	3,840	2,414
Revenue Growth (YoY)	12.33%	13.72%	8.55%	30.91%	59.07%	12.58%
Cost of Revenue	6,216	5,723	4,987	4,522	3,347	2,071
Gross Profit	467.3	481.52	469.36	505.21	493.49	343.44
Selling, General & Admin	198.85	168.84	148.12	121.59	86.29	62.73
Research & Development	215.27	194.93	155.57	158.04	138.31	106.86
Other Operating Expenses	-57.81	0.46	5.19	13.04	11.71	8.61
Operating Expenses	363.85	373.91	321.85	295.44	242.61	179.88
Operating Income	103.46	107.61	147.51	209.77	250.89	163.56
Interest Expense	-76.81	-78.66	-81.25	-73.57	-34.62	-18.76
Interest & Investment Income	21.7	16.16	40.9	14.06	17.25	30.91
Currency Exchange Gain (Loss)	49.73	49.73	2.35	93.49	-15.01	-26.21
Other Non Operating Income (Expenses)	-20.61	-6.62	-6.31	-6.33	-5.9	-4.25
EBT Excluding Unusual Items	77.47	88.21	103.19	237.42	212.61	145.25
Gain (Loss) on Sale of Investments	23.33	21.82	-101.09	-22.59	4.63	32.41
Gain (Loss) on Sale of Assets	-1.78	0.64	4.41	-0.25	0.49	-1.15
Asset Writedown	-3.19	-3.84	-0.3	-13.57	-3.9	-3.78
Other Unusual Items	62.83	62.83	61.79	50.05	37.51	22.86
Pretax Income	158.66	169.65	68.01	251.06	251.34	195.6
Income Tax Expense	10.79	6.37	-14.39	23.93	25.82	20.1
Earnings From Continuing Operations	147.87	163.29	82.39	227.13	225.52	175.5
Minority Interest in Earnings	0	-	0.33	0.49	-0.01	-
Net Income	147.87	163.29	82.72	227.61	225.51	175.5
Net Income to Common	147.87	163.29	82.72	227.61	225.51	175.5
Net Income Growth	-8.09%	97.39%	-63.66%	0.93%	28.50%	18.36%
Shares Outstanding (Basic)	187	186	192	191	172	167
Shares Outstanding (Diluted)	203	202	192	196	188	167
Shares Change (YoY)	-1.07%	4.79%	-1.96%	4.41%	12.43%	7.09%
EPS (Basic)	0.79	0.88	0.43	1.19	1.31	1.05
EPS (Diluted)	0.73	0.81	0.43	1.16	1.20	1.05
EPS Growth	-7.10%	88.37%	-62.93%	-3.33%	14.29%	10.53%
Free Cash Flow	-203.41	-393.71	-198.9	-146.46	-872.53	-553.87
Free Cash Flow Per Share	-1.00	-1.95	-1.03	-0.75	-4.64	-3.31
Dividend Per Share	0.150	0.150	0.150	0.200	0.200	0.200
Dividend Growth	-	-	-25.00%	-	-	33.33%
Gross Margin	6.99%	7.76%	8.60%	10.05%	12.85%	14.23%
Operating Margin	1.55%	1.73%	2.70%	4.17%	6.53%	6.78%
Profit Margin	2.21%	2.63%	1.52%	4.53%	5.87%	7.27%
Free Cash Flow Margin	-3.04%	-6.35%	-3.65%	-2.91%	-22.72%	-22.94%
EBITDA	368.32	359.85	382.92	369.52	346.57	222.39
EBITDA Margin	5.51%	5.80%	7.02%	7.35%	9.03%	9.21%
D&A For EBITDA	264.86	252.24	235.41	159.75	95.69	58.83
EBIT	103.46	107.61	147.51	209.77	250.89	163.56
EBIT Margin	1.55%	1.73%	2.70%	4.17%	6.53%	6.78%
Effective Tax Rate	6.80%	3.75%	-	9.53%	10.27%	10.27%
Revenue as Reported	6,683	6,205	5,457	5,027	3,840	2,414
Advertising Expenses	-	4.76	3.88	0.45	0.95	0.67

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.