Suzhou Xingye Materials Technology Co.,Ltd. (SHA:603928)

SHA:603928 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	1,472	1,443	1,481	1,770	1,956	1,445
Other Revenue	40.58	40.58	19.25	17.1	16.55	16.31
Revenue	1,513	1,484	1,500	1,787	1,972	1,461
Revenue Growth (YoY)	2.85%	-1.09%	-16.06%	-9.38%	34.99%	13.28%
Cost of Revenue	1,340	1,312	1,278	1,526	1,693	1,213
Gross Profit	173.07	172.39	222.28	261.79	279.84	248.34
Selling, General & Admin	77.39	77.9	81.79	68	65.45	62.88
Research & Development	47.82	47.96	47.91	59.57	62.14	45.9
Other Operating Expenses	-7.12	-8.88	-6.63	0.28	1.76	1.57
Operating Expenses	119.98	117.28	121.52	126.69	140.86	116.12
Operating Income	53.08	55.11	100.76	135.1	138.98	132.21
Interest Expense	-0.99	-2.1	-4.1	-2.65	-0	-
Interest & Investment Income	2.46	2.58	9.31	2.73	8.38	5.56
Currency Exchange Gain (Loss)	-0.1	-0.1	-7.4	-8.36	-0.02	-0.1
Other Non Operating Income (Expenses)	-2.55	-0.2	-0.31	-1.58	-0.24	-0.67
EBT Excluding Unusual Items	51.91	55.29	98.27	125.24	147.1	137
Gain (Loss) on Sale of Investments	0.59	0.78	-3.69	3.58	-1.72	1.95
Gain (Loss) on Sale of Assets	-2.46	-2.44	-0.42	-0.17	-0.27	-0.53
Asset Writedown	-7.9	-7.7	-	-	-	-
Other Unusual Items	0.83	0.88	-4.8	3.43	2.09	2.5
Pretax Income	42.96	46.8	89.36	132.08	147.2	140.91
Income Tax Expense	5.2	6.28	13.41	15.84	17.53	21.12
Net Income	37.76	40.52	75.94	116.24	129.67	119.79
Net Income to Common	37.76	40.52	75.94	116.24	129.67	119.79
Net Income Growth	-47.37%	-46.64%	-34.67%	-10.36%	8.25%	-9.66%
Shares Outstanding (Basic)	269	270	262	261	263	264
Shares Outstanding (Diluted)	269	270	262	261	263	264
Shares Change (YoY)	2.59%	3.15%	0.52%	-1.10%	-0.22%	1.06%
EPS (Basic)	0.14	0.15	0.29	0.45	0.49	0.45
EPS (Diluted)	0.14	0.15	0.29	0.45	0.49	0.45
EPS Growth	-48.70%	-48.28%	-35.01%	-9.36%	8.48%	-10.62%
Free Cash Flow	137.56	155.82	56.64	47.19	-20.45	86.67
Free Cash Flow Per Share	0.51	0.58	0.22	0.18	-0.08	0.33
Dividend Per Share	0.120	0.120	0.088	-	0.769	0.115
Dividend Growth	35.59%	35.59%	-	-	566.55%	-24.97%
Gross Margin	11.44%	11.62%	14.82%	14.65%	14.19%	17.00%
Operating Margin	3.51%	3.71%	6.72%	7.56%	7.05%	9.05%
Profit Margin	2.50%	2.73%	5.06%	6.50%	6.58%	8.20%
Free Cash Flow Margin	9.09%	10.50%	3.77%	2.64%	-1.04%	5.93%
EBITDA	105.1	106.28	148.55	179.63	181.96	172.6
EBITDA Margin	6.95%	7.16%	9.90%	10.05%	9.22%	11.81%
D&A For EBITDA	52.02	51.17	47.79	44.53	42.98	40.39
EBIT	53.08	55.11	100.76	135.1	138.98	132.21
EBIT Margin	3.51%	3.71%	6.72%	7.56%	7.05%	9.05%
Effective Tax Rate	12.11%	13.43%	15.01%	11.99%	11.91%	14.99%
Revenue as Reported	1,513	1,484	1,500	1,787	1,972	1,461
Advertising Expenses	-	2.02	2.02	1.74	-	-

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.