Wuxi Paike New Materials Technology Co.,Ltd. (SHA:605123)

SHA:605123 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	2,881	3,194	2,398	1,552	938.56	803.45
Other Revenue	424	424	383.76	180.94	89.21	80.97
Revenue	3,305	3,618	2,782	1,733	1,028	884.43
Revenue Growth (YoY)	-4.61%	30.06%	60.50%	68.65%	16.21%	35.42%
Cost of Revenue	2,685	2,797	2,114	1,258	735.38	606.08
Gross Profit	620.2	821.23	667.74	475.65	292.39	278.35
Selling, General & Admin	134.52	142.93	86.09	82.21	63.77	64.7
Research & Development	180.86	176.93	123.57	78.79	42.92	31.08
Other Operating Expenses	18.26	-11.39	-41.44	-26.87	-13.64	4.25
Operating Expenses	327.59	333.11	179.53	142.17	105.37	103.32
Operating Income	292.6	488.13	488.21	333.48	187.02	175.03
Interest Expense	-14.11	-13	-11.33	-2.88	-4.53	-2.17
Interest & Investment Income	50.12	51.82	10.25	10.48	7.25	0.8
Currency Exchange Gain (Loss)	11.09	11.09	7.15	-1.48	0.03	-0.09
Other Non Operating Income (Expenses)	-7.23	-1.69	-3.94	-0.53	-0.9	-0.43
EBT Excluding Unusual Items	332.47	536.35	490.34	339.06	188.87	173.14
Gain (Loss) on Sale of Investments	-2.18	-2.46	1.77	0.69	-	-
Gain (Loss) on Sale of Assets	0.37	3.82	5.34	0.24	-0.58	-0.15
Asset Writedown	-2.48	-	-	-	-	-
Other Unusual Items	17.01	17.52	12.91	8.3	14.83	15.12
Pretax Income	345.18	555.23	510.36	348.28	203.12	188.12
Income Tax Expense	29.4	63.15	24.74	43.99	36.58	26.21
Net Income	315.78	492.08	485.62	304.29	166.54	161.91
Net Income to Common	315.78	492.08	485.62	304.29	166.54	161.91
Net Income Growth	-43.40%	1.33%	59.59%	82.71%	2.86%	48.51%
Shares Outstanding (Basic)	121	121	111	108	90	81
Shares Outstanding (Diluted)	121	121	111	108	90	81
Shares Change (YoY)	-	8.88%	3.05%	20.00%	11.11%	1.34%
EPS (Basic)	2.61	4.06	4.36	2.82	1.85	2.00
EPS (Diluted)	2.61	4.06	4.36	2.82	1.85	2.00
EPS Growth	-43.40%	-6.93%	54.87%	52.26%	-7.42%	46.54%
Free Cash Flow	191.61	-102.81	-236.72	-173.36	-142.07	9.71
Free Cash Flow Per Share	1.58	-0.85	-2.13	-1.60	-1.58	0.12
Dividend Per Share	1.800	1.280	0.518	0.288	0.520	-
Dividend Growth	247.49%	147.10%	79.86%	-44.62%	-	-
Gross Margin	18.76%	22.70%	24.00%	27.44%	28.45%	31.47%
Operating Margin	8.85%	13.49%	17.55%	19.24%	18.20%	19.79%
Profit Margin	9.55%	13.60%	17.46%	17.55%	16.20%	18.31%
Free Cash Flow Margin	5.80%	-2.84%	-8.51%	-10.00%	-13.82%	1.10%
EBITDA	440.63	601.44	555.25	377.66	211.81	199.94
EBITDA Margin	13.33%	16.62%	19.96%	21.79%	20.61%	22.61%
D&A For EBITDA	148.02	113.32	67.04	44.17	24.79	24.9
EBIT	292.6	488.13	488.21	333.48	187.02	175.03
EBIT Margin	8.85%	13.49%	17.55%	19.24%	18.20%	19.79%
Effective Tax Rate	8.52%	11.37%	4.85%	12.63%	18.01%	13.93%
Revenue as Reported	3,305	3,618	2,782	1,733	1,028	884.43
Advertising Expenses	-	1.48	2.83	2.55	2.82	0.78

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