Quechen Silicon Chemical Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	2,211	2,192	1,805	1,741	1,498	1,051
Other Revenue	5.5	5.5	5.28	5.55	4.49	4.11
Revenue	2,216	2,197	1,810	1,746	1,503	1,055
Revenue Growth (YoY)	4.45%	21.38%	3.66%	16.20%	42.42%	-11.41%
Cost of Revenue	1,424	1,452	1,278	1,253	1,008	690.94
Gross Profit	792.21	745.39	532.36	493.58	495.21	364.34
Selling, General & Admin	99.56	91.24	74.87	71.9	62.74	66.41
Research & Development	75.36	74.62	62.46	61.08	57.34	32.52
Other Operating Expenses	17.09	18.16	9.29	11.63	9.27	11.39
Operating Expenses	191.49	183.38	143.87	149.17	131.28	103.52
Operating Income	600.72	562.01	388.49	344.41	363.93	260.81
Interest Expense	-3.25	-3.12	-2.4	-2.23	-2.99	-4.64
Interest & Investment Income	42.85	47.98	53.98	35.11	17.71	6.46
Currency Exchange Gain (Loss)	18.79	18.79	20.08	68.59	-29.53	-40.01
Other Non Operating Income (Expenses)	-9.57	-1.04	-0.71	0.02	-0.89	-0.6
EBT Excluding Unusual Items	649.55	624.61	459.44	445.91	348.23	222.03
Gain (Loss) on Sale of Investments	0	1.98	-0.07	-3.54	3.56	-
Gain (Loss) on Sale of Assets	-4.55	-4.55	-0.68	-3.98	-3.37	-0.47
Asset Writedown	0.09	-	-	-	-	-4.06
Other Unusual Items	10.79	10.79	8.13	7.08	8.56	7.86
Pretax Income	655.88	632.84	466.82	445.47	356.98	225.36
Income Tax Expense	97.34	92.31	54.38	65.01	56.9	31.96
Earnings From Continuing Operations	558.55	540.53	412.44	380.46	300.07	193.4
Minority Interest in Earnings	0.41	0.28	0.08	-0	0	0
Net Income	558.96	540.81	412.51	380.46	300.07	193.4
Net Income to Common	558.96	540.81	412.51	380.46	300.07	193.4
Net Income Growth	14.83%	31.10%	8.42%	26.79%	55.16%	-28.32%
Shares Outstanding (Basic)	404	410	417	414	417	365
Shares Outstanding (Diluted)	404	410	417	414	417	365
Shares Change (YoY)	-2.76%	-1.67%	0.76%	-0.77%	14.21%	0.08%
EPS (Basic)	1.38	1.32	0.99	0.92	0.72	0.53
EPS (Diluted)	1.38	1.32	0.99	0.92	0.72	0.53
EPS Growth	18.09%	33.33%	7.61%	27.78%	35.85%	-28.38%
Free Cash Flow	86.44	220.78	171.54	218.87	154.12	104.9
Free Cash Flow Per Share	0.21	0.54	0.41	0.53	0.37	0.29
Dividend Per Share	0.300	0.300	0.350	0.250	0.500	0.500
Dividend Growth	-14.29%	-14.29%	40.00%	-50.00%	-	150.00%
Gross Margin	35.74%	33.92%	29.41%	28.26%	32.95%	34.52%
Operating Margin	27.10%	25.58%	21.46%	19.72%	24.21%	24.71%
Profit Margin	25.22%	24.61%	22.79%	21.79%	19.97%	18.33%
Free Cash Flow Margin	3.90%	10.05%	9.47%	12.53%	10.26%	9.94%
EBITDA	703.51	655.28	469.07	422.01	439.21	335.74
EBITDA Margin	31.74%	29.82%	25.91%	24.16%	29.22%	31.81%
D&A For EBITDA	102.78	93.27	80.58	77.6	75.28	74.93
EBIT	600.72	562.01	388.49	344.41	363.93	260.81
EBIT Margin	27.10%	25.58%	21.46%	19.72%	24.21%	24.71%
Effective Tax Rate	14.84%	14.59%	11.65%	14.59%	15.94%	14.18%
Revenue as Reported	2,216	2,197	1,810	1,746	1,503	1,055

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