Sokan New Materials Group Co., Ltd. (SHA:688157)

Sokan New Materials Group 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	753.09	735.19	579.87	493.79	502.96	433.81
Other Revenue	10.33	10.33	9.9	5.3	5.28	1.12
Revenue	763.43	745.53	589.77	499.09	508.23	434.93
Revenue Growth (YoY)	21.03%	26.41%	18.17%	-1.80%	16.86%	-4.44%
Cost of Revenue	402.55	384.93	302.44	249.67	260.92	216.32
Gross Profit	360.87	360.6	287.33	249.42	247.31	218.6
Selling, General & Admin	168.97	161.06	115.83	106.91	96.36	74.7
Research & Development	108.42	105.45	90.29	74.52	58.75	52.52
Other Operating Expenses	4.72	4.26	0.36	3.26	5.64	4.93
Operating Expenses	284.75	275.52	212.51	183.24	162.38	133.85
Operating Income	76.13	85.08	74.81	66.18	84.93	84.76
Interest Expense	-3.24	-2.92	-0.37	-0.07	-	-0.48
Interest & Investment Income	4.34	4.21	7.3	9.68	17.25	6.39
Currency Exchange Gain (Loss)	1	1	2.06	2.81	-1.01	-2.15
Other Non Operating Income (Expenses)	-1.17	-1.15	-1.3	-0.81	-0.53	-2.65
EBT Excluding Unusual Items	77.05	86.23	82.51	77.8	100.64	85.87
Gain (Loss) on Sale of Investments	0.08	0.03	0.25	-0.07	-	-
Gain (Loss) on Sale of Assets	-0.14	-0.14	-0.27	-0.28	-0.2	0.09
Asset Writedown	0.54	-	-	-	-	-
Other Unusual Items	6.66	6.67	3.22	8.78	8.21	10.88
Pretax Income	84.2	92.78	85.71	86.23	108.64	96.83
Income Tax Expense	4.4	5.11	7.44	3.8	12.28	10.07
Earnings From Continuing Operations	79.79	87.67	78.26	82.43	96.36	86.77
Minority Interest in Earnings	-1.68	-1.28	2.84	-0.13	1.03	0.41
Net Income	78.11	86.4	81.11	82.3	97.39	87.18
Net Income to Common	78.11	86.4	81.11	82.3	97.39	87.18
Net Income Growth	-13.36%	6.52%	-1.45%	-15.50%	11.72%	-6.13%
Shares Outstanding (Basic)	161	155	156	154	154	136
Shares Outstanding (Diluted)	161	155	156	154	155	136
Shares Change (YoY)	1.60%	-0.31%	1.25%	-1.00%	14.44%	16.21%
EPS (Basic)	0.48	0.56	0.52	0.54	0.63	0.64
EPS (Diluted)	0.48	0.56	0.52	0.54	0.63	0.64
EPS Growth	-14.72%	6.85%	-2.67%	-14.64%	-2.38%	-19.22%
Free Cash Flow	73.6	-56.1	-184.78	-99.12	-50.66	14.99
Free Cash Flow Per Share	0.46	-0.36	-1.19	-0.65	-0.33	0.11
Dividend Per Share	0.166	0.166	0.157	0.158	0.189	0.168
Dividend Growth	5.92%	5.92%	-0.63%	-16.26%	12.11%	146.20%
Gross Margin	47.27%	48.37%	48.72%	49.98%	48.66%	50.26%
Operating Margin	9.97%	11.41%	12.69%	13.26%	16.71%	19.49%
Profit Margin	10.23%	11.59%	13.75%	16.49%	19.16%	20.04%
Free Cash Flow Margin	9.64%	-7.52%	-31.33%	-19.86%	-9.97%	3.45%
EBITDA	113.56	118.63	92.81	80.27	97.72	95.52
EBITDA Margin	14.88%	15.91%	15.74%	16.08%	19.23%	21.96%
D&A For EBITDA	37.43	33.54	17.99	14.09	12.79	10.76
EBIT	76.13	85.08	74.81	66.18	84.93	84.76
EBIT Margin	9.97%	11.41%	12.69%	13.26%	16.71%	19.49%
Effective Tax Rate	5.23%	5.51%	8.68%	4.41%	11.30%	10.39%
Revenue as Reported	763.43	745.53	589.77	499.09	508.23	434.93
Advertising Expenses	-	4.52	1.25	1.32	1.07	0.57

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