Ningbo Changhong Polymer Scientific and Technical Inc. (SHA:605008)

SHA:605008 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	4,042	3,610	1,401	2,349	1,410	1,281
Other Revenue	24.11	24.11	15.11	22.33	322.93	15.8
Revenue	4,066	3,634	1,416	2,372	1,733	1,297
Revenue Growth (YoY)	42.96%	156.63%	-40.30%	36.83%	33.62%	12.09%
Cost of Revenue	3,762	3,312	1,277	1,988	1,364	891.01
Gross Profit	304.1	321.78	139.3	383.52	368.97	406.27
Selling, General & Admin	65.53	61.94	55.96	48.13	55.74	30.8
Research & Development	131.98	117.69	55.12	86.18	57.47	41.5
Other Operating Expenses	12.57	-12.29	-4.85	9.32	7.46	6.72
Operating Expenses	226.98	174.09	98.53	165.05	128.63	85.4
Operating Income	77.13	147.69	40.76	218.47	240.35	320.88
Interest Expense	-93.73	-78.24	-58.71	-56.1	-20.27	-8.35
Interest & Investment Income	1.92	3.22	3.09	3.37	8.33	2.12
Currency Exchange Gain (Loss)	0.73	0.73	0.67	-0.03	0.01	-0.06
Other Non Operating Income (Expenses)	1.35	-0.46	-0.34	-0.46	-0.38	-0.22
EBT Excluding Unusual Items	-12.59	72.94	-14.52	165.25	228.03	314.38
Gain (Loss) on Sale of Investments	-3.28	-2.84	-	-	-	-
Gain (Loss) on Sale of Assets	-1.07	-1.06	-0.02	-	-31.12	-6.97
Asset Writedown	-23.16	-	-	-0	-	-
Legal Settlements	-	-	-	-2.44	-	-
Other Unusual Items	26.6	26.6	118.52	26.6	11.82	48.09
Pretax Income	-12.46	96.69	103.97	189.41	208.73	355.5
Income Tax Expense	-19.93	2.64	9.07	9.01	23.74	53.87
Earnings From Continuing Operations	7.48	94.04	94.9	180.39	184.98	301.63
Minority Interest in Earnings	0.23	0.18	0.11	0.06	-	-
Net Income	7.7	94.22	95.01	180.46	184.98	301.63
Net Income to Common	7.7	94.22	95.01	180.46	184.98	301.63
Net Income Growth	-91.92%	-0.83%	-47.35%	-2.45%	-38.67%	40.18%
Shares Outstanding (Basic)	750	628	633	644	638	616
Shares Outstanding (Diluted)	750	628	633	644	638	616
Shares Change (YoY)	18.05%	-0.83%	-1.72%	1.04%	3.62%	6.25%
EPS (Basic)	0.01	0.15	0.15	0.28	0.29	0.49
EPS (Diluted)	0.01	0.15	0.15	0.28	0.29	0.49
EPS Growth	-93.16%	-	-46.43%	-3.45%	-40.82%	31.93%
Free Cash Flow	-294.54	-128.61	-454.29	-427.81	-734.91	-152.2
Free Cash Flow Per Share	-0.39	-0.20	-0.72	-0.66	-1.15	-0.25
Dividend Per Share	-	-	0.310	-	-	0.179
Gross Margin	7.48%	8.86%	9.84%	16.17%	21.29%	31.32%
Operating Margin	1.90%	4.06%	2.88%	9.21%	13.87%	24.73%
Profit Margin	0.19%	2.59%	6.71%	7.61%	10.67%	23.25%
Free Cash Flow Margin	-7.24%	-3.54%	-32.08%	-18.04%	-42.40%	-11.73%
EBITDA	253.83	306.83	176.51	348	314.25	389.74
EBITDA Margin	6.24%	8.44%	12.47%	14.67%	18.13%	30.04%
D&A For EBITDA	176.7	159.15	135.74	129.53	73.9	68.86
EBIT	77.13	147.69	40.76	218.47	240.35	320.88
EBIT Margin	1.90%	4.06%	2.88%	9.21%	13.87%	24.73%
Effective Tax Rate	-	2.73%	8.72%	4.76%	11.38%	15.15%
Revenue as Reported	4,066	3,634	1,416	2,372	1,733	1,297
Advertising Expenses	-	0.18	0.12	0.06	1.21	0.91

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