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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,197	2,600	3,391	2,733	2,645	2,324
Other Revenue	43.69	51.94	124.17	97.44	54.15	77.05
Revenue	2,241	2,652	3,516	2,830	2,699	2,401
Revenue Growth (YoY)	-30.39%	-24.57%	24.21%	4.86%	12.42%	3.33%
Cost of Revenue	1,949	2,271	2,952	2,441	2,337	1,976
Gross Profit	291.77	380.58	563.91	389.04	361.84	425.19
Selling, General & Admin	152.58	165.1	144.3	130.16	126.37	117.42
Research & Development	64.24	51.16	38.33	32.42	35.2	31.7
Other Operating Expenses	14.37	9.06	-5.85	14.16	13.4	15.38
Operating Expenses	267.94	252.82	192.45	194.57	182.13	173.38
Operating Income	23.83	127.77	371.45	194.47	179.71	251.8
Interest Expense	-15.01	-16.7	-11.99	-7.38	-4.68	-8.79
Interest & Investment Income	25.74	22.89	17.59	20.99	15.92	16.59
Currency Exchange Gain (Loss)	2.7	2.38	11.55	12.26	-7.88	-12.04
Other Non Operating Income (Expenses)	2.3	-1.06	-1.79	-1.54	-0.99	-1.14
EBT Excluding Unusual Items	39.56	135.28	386.82	218.82	182.08	246.42
Gain (Loss) on Sale of Investments	8.43	6.56	3.46	-3.82	5.26	0.1
Gain (Loss) on Sale of Assets	-5.35	-2.99	-0.44	-2.46	0.16	0.1
Other Unusual Items	19.01	1.04	17.7	33.25	14.19	6.97
Pretax Income	61.64	139.89	407.54	245.79	201.69	253.59
Income Tax Expense	0.36	14.18	55.92	30.64	25.34	33.16
Net Income	61.28	125.71	351.62	215.15	176.35	220.44
Net Income to Common	61.28	125.71	351.62	215.15	176.35	220.44
Net Income Growth	-80.07%	-64.25%	63.43%	22.00%	-20.00%	-29.99%
Shares Outstanding (Basic)	582	571	558	566	561	561
Shares Outstanding (Diluted)	582	571	567	566	561	561
Shares Change (YoY)	0.37%	0.76%	0.17%	0.91%	0.01%	0.55%
EPS (Basic)	0.11	0.22	0.63	0.38	0.31	0.39
EPS (Diluted)	0.11	0.22	0.62	0.38	0.31	0.39
EPS Growth	-80.14%	-64.52%	63.16%	20.90%	-20.00%	-30.37%
Free Cash Flow	336.26	496.6	111.35	-106.9	385.54	277.91
Free Cash Flow Per Share	0.58	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	13.02%	14.35%	16.04%	13.74%	13.41%	17.71%
Operating Margin	1.06%	4.82%	10.57%	6.87%	6.66%	10.49%
Profit Margin	2.73%	4.74%	10.00%	7.60%	6.53%	9.18%
Free Cash Flow Margin	15.01%	18.73%	3.17%	-3.78%	14.28%	11.58%
EBITDA	122.39	225.46	453.83	267.64	247.5	316.41
EBITDA Margin	5.46%	8.50%	12.91%	9.46%	9.17%	13.18%
D&A For EBITDA	98.56	97.69	82.38	73.16	67.8	64.6
EBIT	23.83	127.77	371.45	194.47	179.71	251.8
EBIT Margin	1.06%	4.82%	10.57%	6.87%	6.66%	10.49%
Effective Tax Rate	0.58%	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.