Suzhou Shihua New Material Technology Co., Ltd. (SHA:688093)

SHA:688093 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	915.56	793.03	510.65	462.25	425.29	328.74
Other Revenue	1.66	1.66	0.85	0.04	0.11	0.22
Revenue	917.22	794.68	511.5	462.29	425.4	328.96
Revenue Growth (YoY)	62.88%	55.36%	10.64%	8.67%	29.32%	36.50%
Cost of Revenue	412.68	353.53	211.26	185.75	164.96	120.95
Gross Profit	504.54	441.15	300.24	276.54	260.45	208
Selling, General & Admin	93.03	91.82	65.47	52.92	55.81	41.69
Research & Development	51.8	50.21	36.77	32.27	30.49	19.2
Other Operating Expenses	8.38	4.18	4.88	6.14	4.96	3.13
Operating Expenses	155.58	148.03	107.55	91.12	91.77	65.15
Operating Income	348.97	293.12	192.7	185.43	168.68	142.86
Interest Expense	-0.17	-0.18	-0.6	-0.05	-0	-
Interest & Investment Income	20.26	22.16	26.96	21.5	23.25	5.23
Currency Exchange Gain (Loss)	1.28	1.28	0.28	2.44	-0.25	-0.4
Other Non Operating Income (Expenses)	-0.62	-0.07	-0.12	-0.08	-0.08	-0.15
EBT Excluding Unusual Items	369.71	316.3	219.21	209.24	191.59	147.53
Gain (Loss) on Sale of Assets	-0.23	-0.23	0.28	-0.06	-1.03	-0.03
Asset Writedown	-1.51	-0.14	-0.12	-0.02	-0.02	-0.01
Other Unusual Items	5.09	5.49	6.89	4.22	24.56	2.53
Pretax Income	373.44	321.81	226.27	213.49	215.11	150.02
Income Tax Expense	47.88	42.15	32.81	28.12	30.83	21.1
Earnings From Continuing Operations	325.56	279.66	193.46	185.38	184.28	128.92
Net Income	325.56	279.66	193.46	185.38	184.28	128.92
Net Income to Common	325.56	279.66	193.46	185.38	184.28	128.92
Net Income Growth	59.06%	44.56%	4.36%	0.59%	42.94%	58.02%
Shares Outstanding (Basic)	263	261	251	241	239	196
Shares Outstanding (Diluted)	263	261	251	241	239	196
Shares Change (YoY)	3.87%	4.03%	4.36%	0.59%	21.98%	8.22%
EPS (Basic)	1.24	1.07	0.77	0.77	0.77	0.66
EPS (Diluted)	1.24	1.07	0.77	0.77	0.77	0.66
EPS Growth	53.13%	38.96%	-	-	17.18%	46.02%
Free Cash Flow	-63.33	19.09	-119.95	0.39	39.58	17.09
Free Cash Flow Per Share	-0.24	0.07	-0.48	0.00	0.17	0.09
Dividend Per Share	0.520	0.520	0.360	0.400	0.086	0.143
Dividend Growth	44.44%	44.44%	-10.00%	366.74%	-40.03%	100.14%
Gross Margin	55.01%	55.51%	58.70%	59.82%	61.22%	63.23%
Operating Margin	38.05%	36.88%	37.67%	40.11%	39.65%	43.43%
Profit Margin	35.49%	35.19%	37.82%	40.10%	43.32%	39.19%
Free Cash Flow Margin	-6.91%	2.40%	-23.45%	0.08%	9.30%	5.19%
EBITDA	382.07	325.36	221.5	202.57	179.31	149.22
EBITDA Margin	41.66%	40.94%	43.30%	43.82%	42.15%	45.36%
D&A For EBITDA	33.1	32.24	28.8	17.14	10.63	6.37
EBIT	348.97	293.12	192.7	185.43	168.68	142.86
EBIT Margin	38.05%	36.88%	37.67%	40.11%	39.65%	43.43%
Effective Tax Rate	12.82%	13.10%	14.50%	13.17%	14.33%	14.06%
Revenue as Reported	917.22	794.68	511.5	462.29	425.4	328.96

Updated Mar 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.