SKSHU Paint Co.,Ltd. (SHA:603737)

SKSHU Paint 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	11,923	11,899	12,232	10,912	10,980	7,873
Other Revenue	237.64	205.65	243.44	426.74	448.72	327.4
Revenue	12,161	12,105	12,476	11,338	11,429	8,200
Revenue Growth (YoY)	-2.71%	-2.97%	10.03%	-0.79%	39.37%	37.30%
Cost of Revenue	8,357	8,535	8,561	8,078	8,465	5,434
Gross Profit	3,804	3,570	3,915	3,260	2,964	2,766
Selling, General & Admin	2,608	2,653	2,791	2,259	2,420	1,806
Research & Development	273.48	285.34	289.35	263.21	271.08	207.03
Other Operating Expenses	246.31	69.26	87.96	77.1	58.33	68.79
Operating Expenses	3,265	3,206	3,562	3,039	3,296	2,190
Operating Income	538.99	364.24	352.4	220.79	-332.58	576.04
Interest Expense	-177.73	-194.58	-211.5	-181.79	-125.97	-75.59
Interest & Investment Income	47.8	43.83	45.48	52.04	82.06	46.45
Currency Exchange Gain (Loss)	0.52	0.57	-0.02	-0.12	-0.32	-0.01
Other Non Operating Income (Expenses)	-39.28	-62.32	-44.24	-40.61	-128.91	-34.96
EBT Excluding Unusual Items	370.29	151.74	142.12	50.31	-505.73	511.93
Impairment of Goodwill	-20.49	-20.49	-11.03	-	-	-
Gain (Loss) on Sale of Investments	2.63	0.14	-0.47	-0.33	-3.16	-
Gain (Loss) on Sale of Assets	-7.21	-11.82	-1.66	0.71	-0.66	-2.83
Asset Writedown	-106.31	-80.38	-72.72	-18.19	-	-
Other Unusual Items	390.74	223.05	133.88	288.42	-63.95	74.29
Pretax Income	629.65	262.23	190.11	320.92	-573.51	583.4
Income Tax Expense	89.01	-51.1	12.73	10.89	-177.17	48.33
Earnings From Continuing Operations	540.64	313.34	177.39	310.03	-396.34	535.06
Minority Interest in Earnings	17.13	18.6	-3.84	19.48	-20.56	-33.29
Net Income	557.76	331.94	173.54	329.51	-416.89	501.77
Net Income to Common	557.76	331.94	173.54	329.51	-416.89	501.77
Net Income Growth	664.21%	91.27%	-47.33%	-	-	23.55%
Shares Outstanding (Basic)	745	738	736	732	736	723
Shares Outstanding (Diluted)	745	738	736	732	736	723
Shares Change (YoY)	2.06%	0.18%	0.55%	-0.53%	1.80%	1.22%
EPS (Basic)	0.75	0.45	0.24	0.45	-0.57	0.69
EPS (Diluted)	0.75	0.45	0.24	0.45	-0.57	0.69
EPS Growth	648.78%	90.92%	-47.62%	-	-	22.06%
Free Cash Flow	705.89	-61.68	799.5	20.92	-1,773	-392.73
Free Cash Flow Per Share	0.95	-0.08	1.09	0.03	-2.41	-0.54
Dividend Per Share	0.229	0.229	0.114	-	-	0.208
Dividend Growth	100.00%	100.00%	-	-	-	20.90%
Gross Margin	31.28%	29.49%	31.38%	28.75%	25.93%	33.73%
Operating Margin	4.43%	3.01%	2.83%	1.95%	-2.91%	7.03%
Profit Margin	4.59%	2.74%	1.39%	2.91%	-3.65%	6.12%
Free Cash Flow Margin	5.80%	-0.51%	6.41%	0.18%	-15.51%	-4.79%
EBITDA	990.71	810.03	744.44	492.55	-146.32	703.37
EBITDA Margin	8.15%	6.69%	5.97%	4.34%	-1.28%	8.58%
D&A For EBITDA	451.72	445.78	392.04	271.76	186.26	127.33
EBIT	538.99	364.24	352.4	220.79	-332.58	576.04
EBIT Margin	4.43%	3.01%	2.83%	1.95%	-2.91%	7.03%
Effective Tax Rate	14.14%	-	6.69%	3.39%	-	8.29%
Revenue as Reported	12,161	12,105	12,476	11,338	11,429	8,200
Advertising Expenses	-	429.32	455.56	378.39	411.19	334.64

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