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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,761	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	1,807	1,770	2,129	2,648	1,599	1,006
Revenue Growth (YoY)	-10.17%	-16.87%	-19.61%	65.64%	58.89%	-13.00%
Cost of Revenue	1,551	1,533	1,656	1,577	1,062	797.73
Gross Profit	256.05	236.75	473.31	1,071	537.26	208.52
Selling, General & Admin	112.32	110.28	112.8	87.43	62.53	48.96
Research & Development	64.57	70.16	86.84	109.69	70.13	43.11
Other Operating Expenses	2.67	2.91	14.29	26.12	17.58	10.26
Operating Expenses	179.05	183.25	218.46	226.62	152.05	102.99
Operating Income	77	53.5	254.84	844.49	385.21	105.53
Interest Expense	-6.92	-10.17	-12.64	-6.01	-0.99	-0.15
Interest & Investment Income	15.06	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)	0.06	-0.49	-0.57	-0.51	-0.33	-0.05
EBT Excluding Unusual Items	87.71	62.38	256.44	848.99	388.25	113.75
Gain (Loss) on Sale of Assets	-0.11	-0.17	-5.07	0.22	-5.05	-1.19
Asset Writedown	-4.37	-	-49.11	-	-	-
Other Unusual Items	11.74	11.74	6.32	9.6	5.99	2.43
Pretax Income	94.97	73.96	208.59	858.81	389.19	114.98
Income Tax Expense	14.53	12.81	30.18	115.71	54.91	18.28
Earnings From Continuing Operations	80.45	61.14	178.41	743.1	334.28	96.7
Minority Interest in Earnings	-0.13	2.64	17.03	4.72	0.88	0.66
Net Income	80.31	63.78	195.44	747.83	335.15	97.36
Net Income to Common	80.31	63.78	195.44	747.83	335.15	97.36
Net Income Growth	-23.33%	-67.37%	-73.87%	123.13%	244.25%	-9.57%
Shares Outstanding (Basic)	384	375	383	384	381	382
Shares Outstanding (Diluted)	384	375	383	384	381	382
Shares Change (YoY)	3.00%	-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	-25.56%	-66.67%	-73.85%	121.94%	244.41%	-9.73%
Free Cash Flow	59.06	71.65	256.05	227.73	-79.35	-53.08
Free Cash Flow Per Share	0.15	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	14.17%	13.38%	22.23%	40.45%	33.60%	20.72%
Operating Margin	4.26%	3.02%	11.97%	31.89%	24.09%	10.49%
Profit Margin	4.44%	3.60%	9.18%	28.24%	20.96%	9.68%
Free Cash Flow Margin	3.27%	4.05%	12.03%	8.60%	-4.96%	-5.27%
EBITDA	217.72	188.3	365.97	920.62	437.48	145.75
EBITDA Margin	12.05%	10.64%	17.19%	34.76%	27.36%	14.49%
D&A For EBITDA	140.71	134.8	111.13	76.13	52.27	40.22
EBIT	77	53.5	254.84	844.49	385.21	105.53
EBIT Margin	4.26%	3.02%	11.97%	31.89%	24.09%	10.49%
Effective Tax Rate	15.30%	17.33%	14.47%	13.47%	14.11%	15.90%
Revenue as Reported	1,807	1,770	2,129	2,648	1,599	1,006

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