Intco Recycling Resources Co., Ltd. (SHA:688087)

Intco Recycling Resources 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,156	2,920	2,453	2,053	1,986	1,697
Other Revenue	-0.49	3.5	2.2	2.77	4.22	2.25
Revenue	3,155	2,924	2,455	2,056	1,990	1,699
Revenue Growth (YoY)	14.51%	19.09%	19.41%	3.32%	17.14%	33.46%
Cost of Revenue	2,402	2,213	1,835	1,517	1,396	1,180
Gross Profit	753.65	710.39	619.81	538.75	594.4	518.67
Selling, General & Admin	359.64	341.63	311.9	255.77	221.66	159.63
Research & Development	126.7	122.66	105.02	90.72	96.68	76.67
Other Operating Expenses	17.61	16.2	15.08	14.83	11.47	8.57
Operating Expenses	510.17	488.62	438.19	362.5	331.37	249.91
Operating Income	243.48	221.77	181.62	176.25	263.03	268.76
Interest Expense	-70	-57.93	-26.74	-6.55	-3.31	-7.2
Interest & Investment Income	89.8	97.43	38.89	10.72	8.39	0.99
Currency Exchange Gain (Loss)	-20.08	33.6	23.2	64.03	-18.05	-29.58
Other Non Operating Income (Expenses)	-5.19	-6.31	-3.88	-4.67	-0.76	-1.82
EBT Excluding Unusual Items	238.03	288.56	213.08	239.77	249.31	231.16
Impairment of Goodwill	-	-	-2.08	-0.37	-	-
Gain (Loss) on Sale of Investments	59.33	27.95	1.75	-1.93	0.09	-
Gain (Loss) on Sale of Assets	-0.59	-0.4	-2.58	-1.09	-3.56	-1.92
Asset Writedown	-	-	-	-	-0.73	-
Other Unusual Items	7.92	4.66	5.75	19.22	21.3	10.19
Pretax Income	304.69	320.77	215.92	255.59	266.41	239.42
Income Tax Expense	6.7	13.45	20.26	24.82	26.64	22.15
Net Income	297.99	307.32	195.65	230.77	239.78	217.28
Net Income to Common	297.99	307.32	195.65	230.77	239.78	217.28
Net Income Growth	28.37%	57.07%	-15.22%	-3.76%	10.35%	128.23%
Shares Outstanding (Basic)	186	186	186	186	159	139
Shares Outstanding (Diluted)	186	186	186	186	159	139
Shares Change (YoY)	0.35%	-0.04%	0.12%	16.98%	14.54%	3.35%
EPS (Basic)	1.60	1.65	1.05	1.24	1.51	1.56
EPS (Diluted)	1.60	1.65	1.05	1.24	1.51	1.56
EPS Growth	27.92%	57.14%	-15.32%	-17.72%	-3.66%	121.23%
Free Cash Flow	60.59	15.93	30.82	-359.87	11.07	68.19
Free Cash Flow Per Share	0.33	0.09	0.17	-1.93	0.07	0.49
Dividend Per Share	0.160	0.100	0.150	0.143	0.143	-
Dividend Growth	-15.79%	-33.33%	4.97%	-	-	-
Gross Margin	23.89%	24.30%	25.25%	26.20%	29.87%	30.53%
Operating Margin	7.72%	7.58%	7.40%	8.57%	13.22%	15.82%
Profit Margin	9.44%	10.51%	7.97%	11.22%	12.05%	12.79%
Free Cash Flow Margin	1.92%	0.55%	1.26%	-17.50%	0.56%	4.01%
EBITDA	376.64	338.82	286.16	258.43	328.11	326.39
EBITDA Margin	11.94%	11.59%	11.66%	12.57%	16.49%	19.21%
D&A For EBITDA	133.16	117.04	104.54	82.19	65.08	57.63
EBIT	243.48	221.77	181.62	176.25	263.03	268.76
EBIT Margin	7.72%	7.58%	7.40%	8.57%	13.22%	15.82%
Effective Tax Rate	2.20%	4.19%	9.38%	9.71%	10.00%	9.25%
Revenue as Reported	3,155	2,924	2,455	2,056	1,990	1,699
Advertising Expenses	-	16.46	12.24	7.89	5.56	1.71

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