Tangshan Sunfar Silicon Industries Co.,Ltd. (SHA:603938)

SHA:603938 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	1,927	1,723	2,095	2,609	1,516	956.92
Other Revenue	46.69	46.69	34.07	39.08	82.49	49.33
Revenue	1,974	1,770	2,129	2,648	1,599	1,006
Revenue Growth (YoY)	7.87%	-16.87%	-19.61%	65.64%	58.89%	-13.00%
Cost of Revenue	1,722	1,533	1,656	1,577	1,062	797.73
Gross Profit	252.43	236.75	473.31	1,071	537.26	208.52
Selling, General & Admin	117.46	110.28	112.8	87.43	62.53	48.96
Research & Development	66.24	70.16	86.84	109.69	70.13	43.11
Other Operating Expenses	7.19	2.91	14.29	26.12	17.58	10.26
Operating Expenses	192.95	183.25	218.46	226.62	152.05	102.99
Operating Income	59.48	53.5	254.84	844.49	385.21	105.53
Interest Expense	-2.1	-10.17	-12.64	-6.01	-0.99	-0.15
Interest & Investment Income	12.35	17.02	15.68	5.06	5.55	9.43
Currency Exchange Gain (Loss)	2.51	2.51	-0.87	5.96	-1.2	-1.01
Other Non Operating Income (Expenses)	-0.75	-0.49	-0.57	-0.51	-0.33	-0.05
EBT Excluding Unusual Items	71.49	62.38	256.44	848.99	388.25	113.75
Gain (Loss) on Sale of Assets	-1.02	-0.17	-5.07	0.22	-5.05	-1.19
Asset Writedown	9.14	-	-49.11	-	-	-
Other Unusual Items	11.34	11.74	6.32	9.6	5.99	2.43
Pretax Income	90.95	73.96	208.59	858.81	389.19	114.98
Income Tax Expense	13.85	12.81	30.18	115.71	54.91	18.28
Earnings From Continuing Operations	77.1	61.14	178.41	743.1	334.28	96.7
Minority Interest in Earnings	0.28	2.64	17.03	4.72	0.88	0.66
Net Income	77.38	63.78	195.44	747.83	335.15	97.36
Net Income to Common	77.38	63.78	195.44	747.83	335.15	97.36
Net Income Growth	8.29%	-67.37%	-73.87%	123.13%	244.25%	-9.57%
Shares Outstanding (Basic)	367	375	383	384	381	382
Shares Outstanding (Diluted)	367	375	383	384	381	382
Shares Change (YoY)	-6.05%	-2.10%	-0.07%	0.53%	-0.05%	0.17%
EPS (Basic)	0.21	0.17	0.51	1.95	0.88	0.26
EPS (Diluted)	0.21	0.17	0.51	1.95	0.88	0.26
EPS Growth	15.27%	-66.67%	-73.85%	121.94%	244.41%	-9.73%
Free Cash Flow	81.39	71.65	256.05	227.73	-79.35	-53.08
Free Cash Flow Per Share	0.22	0.19	0.67	0.59	-0.21	-0.14
Dividend Per Share	0.017	0.017	0.052	0.196	0.088	0.031
Dividend Growth	-67.31%	-67.31%	-73.52%	123.69%	179.62%	-46.69%
Gross Margin	12.79%	13.38%	22.23%	40.45%	33.60%	20.72%
Operating Margin	3.01%	3.02%	11.97%	31.89%	24.09%	10.49%
Profit Margin	3.92%	3.60%	9.18%	28.24%	20.96%	9.68%
Free Cash Flow Margin	4.12%	4.05%	12.03%	8.60%	-4.96%	-5.27%
EBITDA	212.03	188.3	365.97	920.62	437.48	145.75
EBITDA Margin	10.74%	10.64%	17.19%	34.76%	27.36%	14.49%
D&A For EBITDA	152.55	134.8	111.13	76.13	52.27	40.22
EBIT	59.48	53.5	254.84	844.49	385.21	105.53
EBIT Margin	3.01%	3.02%	11.97%	31.89%	24.09%	10.49%
Effective Tax Rate	15.23%	17.33%	14.47%	13.47%	14.11%	15.90%
Revenue as Reported	1,974	1,770	2,129	2,648	1,599	1,006

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