Jiangsu Wujin Stainless Steel Pipe Group CO.,LTD. (SHA:603878)

SHA:603878 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	2,352	2,600	3,391	2,733	2,645	2,324
Other Revenue	51.94	51.94	124.17	97.44	54.15	77.05
Revenue	2,404	2,652	3,516	2,830	2,699	2,401
Revenue Growth (YoY)	-28.82%	-24.57%	24.21%	4.86%	12.42%	3.33%
Cost of Revenue	2,079	2,271	2,952	2,441	2,337	1,976
Gross Profit	325.22	380.58	563.91	389.04	361.84	425.19
Selling, General & Admin	164.09	165.1	144.3	130.16	126.37	117.42
Research & Development	57.65	51.16	38.33	32.42	35.2	31.7
Other Operating Expenses	9.81	9.06	-5.85	14.16	13.4	15.38
Operating Expenses	260.59	252.82	192.45	194.57	182.13	173.38
Operating Income	64.63	127.77	371.45	194.47	179.71	251.8
Interest Expense	-16.2	-16.7	-11.99	-7.38	-4.68	-8.79
Interest & Investment Income	28.98	22.89	17.59	20.99	15.92	16.59
Currency Exchange Gain (Loss)	2.38	2.38	11.55	12.26	-7.88	-12.04
Other Non Operating Income (Expenses)	-0.27	-1.06	-1.79	-1.54	-0.99	-1.14
EBT Excluding Unusual Items	79.52	135.28	386.82	218.82	182.08	246.42
Gain (Loss) on Sale of Investments	1.63	6.56	3.46	-3.82	5.26	0.1
Gain (Loss) on Sale of Assets	-3.3	-2.99	-0.44	-2.46	0.16	0.1
Other Unusual Items	3.72	1.04	17.7	33.25	14.19	6.97
Pretax Income	94.9	139.89	407.54	245.79	201.69	253.59
Income Tax Expense	6.89	14.18	55.92	30.64	25.34	33.16
Net Income	88.01	125.71	351.62	215.15	176.35	220.44
Net Income to Common	88.01	125.71	351.62	215.15	176.35	220.44
Net Income Growth	-74.64%	-64.25%	63.43%	22.00%	-20.00%	-29.99%
Shares Outstanding (Basic)	581	571	558	566	561	561
Shares Outstanding (Diluted)	581	571	567	566	561	561
Shares Change (YoY)	2.13%	0.76%	0.17%	0.91%	0.01%	0.55%
EPS (Basic)	0.15	0.22	0.63	0.38	0.31	0.39
EPS (Diluted)	0.15	0.22	0.62	0.38	0.31	0.39
EPS Growth	-75.17%	-64.52%	63.16%	20.90%	-20.00%	-30.37%
Free Cash Flow	532.02	496.6	111.35	-106.9	385.54	277.91
Free Cash Flow Per Share	0.92	0.87	0.20	-0.19	0.69	0.49
Dividend Per Share	0.090	0.090	0.530	0.271	0.193	0.193
Dividend Growth	-83.02%	-83.02%	95.28%	40.70%	-	-45.98%
Gross Margin	13.53%	14.35%	16.04%	13.74%	13.41%	17.71%
Operating Margin	2.69%	4.82%	10.57%	6.87%	6.66%	10.49%
Profit Margin	3.66%	4.74%	10.00%	7.60%	6.53%	9.18%
Free Cash Flow Margin	22.13%	18.73%	3.17%	-3.78%	14.28%	11.58%
EBITDA	166.15	225.46	453.83	267.64	247.5	316.41
EBITDA Margin	6.91%	8.50%	12.91%	9.46%	9.17%	13.18%
D&A For EBITDA	101.52	97.69	82.38	73.16	67.8	64.6
EBIT	64.63	127.77	371.45	194.47	179.71	251.8
EBIT Margin	2.69%	4.82%	10.57%	6.87%	6.66%	10.49%
Effective Tax Rate	7.26%	10.13%	13.72%	12.47%	12.57%	13.07%
Revenue as Reported	2,652	2,652	3,516	2,830	2,699	2,401
Advertising Expenses	-	0.11	0.59	0.13	0.46	0.3

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