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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	974.48	1,066	1,191	790.69	1,108	918.32
Other Revenue	0.75	0.75	8.02	0.91	-	1.6
Revenue	975.22	1,067	1,199	791.6	1,108	919.93
Revenue Growth (YoY)	-14.63%	-11.04%	51.48%	-28.57%	20.46%	-5.19%
Cost of Revenue	790.13	875.42	979.49	617.51	804.09	634.98
Gross Profit	185.09	191.39	219.64	174.09	304.1	284.95
Selling, General & Admin	94.46	100.84	114.46	104.38	124.75	121.53
Research & Development	29.47	31.56	32.04	26.82	39.15	27.87
Other Operating Expenses	10.16	-0.09	24.71	15.91	29.81	20.6
Operating Expenses	127.89	127.74	176.58	145.27	189.45	174.02
Operating Income	57.2	63.64	43.06	28.82	114.65	110.93
Interest Expense	-0.8	-0.8	-0.28	-0.1	-	-
Interest & Investment Income	7.06	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)	-0.59	-0.21	-0.17	0.05	-0.07	-1.51
EBT Excluding Unusual Items	62.74	71.2	51.43	39.69	126.4	120.43
Gain (Loss) on Sale of Investments	-1.41	-0.67	0.38	-0.26	0.2	-0.78
Gain (Loss) on Sale of Assets	-0.1	-0.02	0.73	0.14	-2.89	-1.17
Asset Writedown	1.59	-	-	-0.11	-	-1.1
Other Unusual Items	5.49	5.25	7.13	4.4	5.52	8.82
Pretax Income	68.31	75.76	59.67	43.87	129.23	126.21
Income Tax Expense	9.41	10.64	5.24	4.91	23.78	22.01
Earnings From Continuing Operations	58.91	65.11	54.43	38.95	105.46	104.21
Minority Interest in Earnings	-7.02	-10.47	-6.64	0.61	0.2	0.86
Net Income	51.89	54.64	47.79	39.56	105.65	105.06
Net Income to Common	51.89	54.64	47.79	39.56	105.65	105.06
Net Income Growth	-9.28%	14.34%	20.79%	-62.55%	0.56%	24.09%
Shares Outstanding (Basic)	268	260	252	264	259	257
Shares Outstanding (Diluted)	268	260	252	264	259	257
Shares Change (YoY)	7.65%	3.45%	-4.64%	1.78%	0.93%	-1.05%
EPS (Basic)	0.19	0.21	0.19	0.15	0.41	0.41
EPS (Diluted)	0.19	0.21	0.19	0.15	0.41	0.41
EPS Growth	-15.72%	10.53%	26.67%	-63.21%	-0.37%	26.65%
Free Cash Flow	166.78	144.67	32.75	-38.39	138.32	175.44
Free Cash Flow Per Share	0.62	0.56	0.13	-0.15	0.53	0.68
Dividend Per Share	0.040	0.110	0.060	0.054	0.128	0.092
Dividend Growth	-69.23%	83.33%	11.52%	-57.87%	38.35%	139.74%
Gross Margin	18.98%	17.94%	18.32%	21.99%	27.44%	30.98%
Operating Margin	5.87%	5.97%	3.59%	3.64%	10.35%	12.06%
Profit Margin	5.32%	5.12%	3.98%	5.00%	9.53%	11.42%
Free Cash Flow Margin	17.10%	13.56%	2.73%	-4.85%	12.48%	19.07%
EBITDA	94.87	99.14	75.65	59.89	143.62	136.49
EBITDA Margin	9.73%	9.29%	6.31%	7.57%	12.96%	14.84%
D&A For EBITDA	37.67	35.49	32.59	31.07	28.96	25.56
EBIT	57.2	63.64	43.06	28.82	114.65	110.93
EBIT Margin	5.87%	5.97%	3.59%	3.64%	10.35%	12.06%
Effective Tax Rate	13.77%	14.05%	8.79%	11.20%	18.40%	17.44%
Revenue as Reported	975.22	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.