Qingdao Copton Technology Company Limited (SHA:603798)

SHA:603798 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	1,085	1,066	1,191	790.69	1,108	918.32
Other Revenue	0.75	0.75	8.02	0.91	-	1.6
Revenue	1,086	1,067	1,199	791.6	1,108	919.93
Revenue Growth (YoY)	-7.24%	-11.04%	51.48%	-28.57%	20.46%	-5.19%
Cost of Revenue	877.36	875.42	979.49	617.51	804.09	634.98
Gross Profit	208.74	191.39	219.64	174.09	304.1	284.95
Selling, General & Admin	96.92	100.84	114.46	104.38	124.75	121.53
Research & Development	38.47	31.56	32.04	26.82	39.15	27.87
Other Operating Expenses	5.44	-0.09	24.71	15.91	29.81	20.6
Operating Expenses	136.58	127.74	176.58	145.27	189.45	174.02
Operating Income	72.16	63.64	43.06	28.82	114.65	110.93
Interest Expense	-0.8	-0.8	-0.28	-0.1	-	-
Interest & Investment Income	7.83	8.7	9.54	10.97	11.75	10.63
Currency Exchange Gain (Loss)	-0.13	-0.13	-0.73	-0.05	0.07	0.39
Other Non Operating Income (Expenses)	-0.32	-0.21	-0.17	0.05	-0.07	-1.51
EBT Excluding Unusual Items	78.74	71.2	51.43	39.69	126.4	120.43
Gain (Loss) on Sale of Investments	0.33	-0.67	0.38	-0.26	0.2	-0.78
Gain (Loss) on Sale of Assets	-0.01	-0.02	0.73	0.14	-2.89	-1.17
Asset Writedown	0.41	-	-	-0.11	-	-1.1
Other Unusual Items	7.64	5.25	7.13	4.4	5.52	8.82
Pretax Income	87.1	75.76	59.67	43.87	129.23	126.21
Income Tax Expense	9.88	10.64	5.24	4.91	23.78	22.01
Earnings From Continuing Operations	77.21	65.11	54.43	38.95	105.46	104.21
Minority Interest in Earnings	-10.45	-10.47	-6.64	0.61	0.2	0.86
Net Income	66.77	54.64	47.79	39.56	105.65	105.06
Net Income to Common	66.77	54.64	47.79	39.56	105.65	105.06
Net Income Growth	20.24%	14.34%	20.79%	-62.55%	0.56%	24.09%
Shares Outstanding (Basic)	259	260	252	264	259	257
Shares Outstanding (Diluted)	259	260	252	264	259	257
Shares Change (YoY)	3.08%	3.45%	-4.64%	1.78%	0.93%	-1.05%
EPS (Basic)	0.26	0.21	0.19	0.15	0.41	0.41
EPS (Diluted)	0.26	0.21	0.19	0.15	0.41	0.41
EPS Growth	16.65%	10.53%	26.67%	-63.21%	-0.37%	26.65%
Free Cash Flow	171.92	144.67	32.75	-38.39	138.32	175.44
Free Cash Flow Per Share	0.66	0.56	0.13	-0.15	0.53	0.68
Dividend Per Share	0.110	0.110	0.060	0.054	0.128	0.092
Dividend Growth	83.33%	83.33%	11.52%	-57.87%	38.35%	139.74%
Gross Margin	19.22%	17.94%	18.32%	21.99%	27.44%	30.98%
Operating Margin	6.64%	5.97%	3.59%	3.64%	10.35%	12.06%
Profit Margin	6.15%	5.12%	3.98%	5.00%	9.53%	11.42%
Free Cash Flow Margin	15.83%	13.56%	2.73%	-4.85%	12.48%	19.07%
EBITDA	108.37	99.14	75.65	59.89	143.62	136.49
EBITDA Margin	9.98%	9.29%	6.31%	7.57%	12.96%	14.84%
D&A For EBITDA	36.22	35.49	32.59	31.07	28.96	25.56
EBIT	72.16	63.64	43.06	28.82	114.65	110.93
EBIT Margin	6.64%	5.97%	3.59%	3.64%	10.35%	12.06%
Effective Tax Rate	11.35%	14.05%	8.79%	11.20%	18.40%	17.44%
Revenue as Reported	1,086	1,067	1,199	791.6	1,108	919.93
Advertising Expenses	-	9.37	10.22	6.18	3.51	13.29

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