Hangzhou First Applied Material Co., Ltd. (SHA:603806)

SHA:603806 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	19,027	22,494	18,824	12,809	8,355
Other Revenue	120.91	94.15	53.74	48.49	37.69
Revenue	19,147	22,589	18,877	12,858	8,393
Revenue Growth (YoY)	-15.23%	19.66%	46.82%	53.20%	31.59%
Cost of Revenue	16,397	19,335	16,090	9,652	6,018
Gross Profit	2,750	3,254	2,788	3,206	2,376
Selling, General & Admin	376.51	351.25	291.89	202.77	262.19
Research & Development	657.27	792.03	644.8	453.59	309.08
Other Operating Expenses	3.83	-28.45	52.61	41.93	34.9
Operating Expenses	1,319	1,507	1,227	768.45	612.14
Operating Income	1,431	1,747	1,561	2,438	1,763
Interest Expense	-57.06	-77.06	-21.14	-7.17	-9.1
Interest & Investment Income	107.75	164.46	137.7	51.79	73.21
Currency Exchange Gain (Loss)	-25.74	-31.06	54.26	22.61	-2.64
Other Non Operating Income (Expenses)	1.53	-3.66	-1.58	-2.4	-1.34
EBT Excluding Unusual Items	1,457	1,800	1,730	2,502	1,824
Gain (Loss) on Sale of Investments	-7.56	-	-4.87	2.48	-2.3
Gain (Loss) on Sale of Assets	-20.76	-5.34	-8.32	0.28	-0.9
Asset Writedown	-	-40.75	-	-0.97	-0.97
Other Unusual Items	49.79	294.89	-15.13	-35.2	-37.7
Pretax Income	1,479	2,049	1,702	2,469	1,782
Income Tax Expense	189.65	200.03	122.8	271.34	216.5
Earnings From Continuing Operations	1,289	1,849	1,579	2,198	1,565
Minority Interest in Earnings	18.4	1.29	-0.64	-1.19	-0.27
Net Income	1,308	1,850	1,579	2,197	1,565
Net Income to Common	1,308	1,850	1,579	2,197	1,565
Net Income Growth	-29.33%	17.21%	-28.13%	40.35%	63.52%
Shares Outstanding (Basic)	2,615	2,606	2,600	2,563	2,468
Shares Outstanding (Diluted)	2,615	2,606	2,600	2,563	2,468
Shares Change (YoY)	0.36%	0.22%	1.46%	3.84%	1.81%
EPS (Basic)	0.50	0.71	0.61	0.86	0.63
EPS (Diluted)	0.50	0.71	0.61	0.86	0.63
EPS Growth	-29.58%	16.95%	-29.17%	35.17%	60.61%
Free Cash Flow	3,746	-768.95	-550.9	-683.59	-83.45
Free Cash Flow Per Share	1.43	-0.29	-0.21	-0.27	-0.03
Dividend Per Share	0.260	0.186	0.076	0.128	0.137
Dividend Growth	40.01%	142.75%	-40.05%	-6.66%	14.59%
Gross Margin	14.36%	14.41%	14.77%	24.93%	28.30%
Operating Margin	7.47%	7.74%	8.27%	18.96%	21.01%
Profit Margin	6.83%	8.19%	8.36%	17.08%	18.65%
Free Cash Flow Margin	19.56%	-3.40%	-2.92%	-5.32%	-0.99%
EBITDA	1,836	2,068	1,804	2,628	1,895
EBITDA Margin	9.59%	9.15%	9.56%	20.44%	22.58%
D&A For EBITDA	404.75	320.15	242.79	190.47	131.68
EBIT	1,431	1,747	1,561	2,438	1,763
EBIT Margin	7.47%	7.74%	8.27%	18.96%	21.01%
Effective Tax Rate	12.83%	9.76%	7.22%	10.99%	12.15%
Revenue as Reported	19,147	22,589	18,877	12,858	8,393
Advertising Expenses	5.94	3.78	1.34	0.98	0.73

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