Shanghai Conglin Environmental Protection Technology Co., Ltd. (SHA:688370)

SHA:688370 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	583.24	594.84	634.4	726.14	664.51	663.62
Other Revenue	0.46	0.46	0.4	7.01	2.18	5.87
Revenue	583.7	595.3	634.8	733.15	666.68	669.5
Revenue Growth (YoY)	-3.77%	-6.22%	-13.41%	9.97%	-0.42%	9.77%
Cost of Revenue	394.64	388.25	398.51	404.51	339.97	313.57
Gross Profit	189.06	207.05	236.29	328.64	326.71	355.92
Selling, General & Admin	98.88	100.89	114.26	105.7	89.73	78.72
Research & Development	29.16	30.76	31.63	37.93	35.78	32.53
Other Operating Expenses	3.33	2.8	-0.09	-3.2	-7.16	-19.27
Operating Expenses	133.44	137.64	163.74	148.55	119.72	92.5
Operating Income	55.62	69.41	72.55	180.08	206.99	263.42
Interest Expense	-15.62	-15.22	-19.67	-10.19	-10.48	-6.22
Interest & Investment Income	14.96	15.16	16.72	7.39	5.36	0.8
Earnings From Equity Investments	-	-	-	-	-	3.16
Currency Exchange Gain (Loss)	-0.37	-0.37	-1.44	-0.03	0.44	-
Other Non Operating Income (Expenses)	-0.51	-0.55	-4.45	-1.58	1.28	-1.82
EBT Excluding Unusual Items	54.08	68.42	63.71	175.67	203.59	259.34
Impairment of Goodwill	-	-	-20.25	-	-	-
Gain (Loss) on Sale of Investments	20.78	22.19	26.23	7.92	5.61	2.46
Gain (Loss) on Sale of Assets	-0.02	-0.02	-0.49	-0.09	0.43	-1.2
Asset Writedown	-3.34	-0.35	-0.15	-0.51	-0.34	-1.21
Other Unusual Items	9.52	9.51	12.1	17.16	11.66	3.33
Pretax Income	81.01	99.76	81.14	200.16	220.95	262.71
Income Tax Expense	23.79	27.33	29.07	33.05	38.45	35.01
Earnings From Continuing Operations	57.22	72.44	52.07	167.11	182.5	227.7
Minority Interest in Earnings	15.49	17.58	36.29	7.86	6.77	3.76
Net Income	72.71	90.02	88.36	174.97	189.28	231.46
Net Income to Common	72.71	90.02	88.36	174.97	189.28	231.46
Net Income Growth	-2.50%	1.88%	-49.50%	-7.56%	-18.22%	4.04%
Shares Outstanding (Basic)	135	138	138	115	104	104
Shares Outstanding (Diluted)	135	138	138	115	104	104
Shares Change (YoY)	-2.21%	0.31%	19.94%	10.88%	0.09%	-
EPS (Basic)	0.54	0.65	0.64	1.52	1.82	2.23
EPS (Diluted)	0.54	0.65	0.64	1.52	1.82	2.23
EPS Growth	-0.30%	1.56%	-57.89%	-16.63%	-18.28%	-
Free Cash Flow	179.28	188.44	152.43	109.24	22.1	39.13
Free Cash Flow Per Share	1.33	1.36	1.10	0.95	0.21	0.38
Dividend Per Share	0.360	0.360	0.360	2.154	-	-
Dividend Growth	-	-	-83.28%	-	-	-
Gross Margin	32.39%	34.78%	37.22%	44.82%	49.00%	53.16%
Operating Margin	9.53%	11.66%	11.43%	24.56%	31.05%	39.35%
Profit Margin	12.46%	15.12%	13.92%	23.87%	28.39%	34.57%
Free Cash Flow Margin	30.71%	31.65%	24.01%	14.90%	3.31%	5.85%
EBITDA	161.34	174.94	177.28	268.76	276.77	327.63
EBITDA Margin	27.64%	29.39%	27.93%	36.66%	41.52%	48.94%
D&A For EBITDA	105.72	105.53	104.73	88.68	69.79	64.21
EBIT	55.62	69.41	72.55	180.08	206.99	263.42
EBIT Margin	9.53%	11.66%	11.43%	24.56%	31.05%	39.35%
Effective Tax Rate	29.37%	27.39%	35.83%	16.51%	17.40%	13.33%
Revenue as Reported	583.7	595.3	634.8	733.15	666.68	-
Advertising Expenses	-	0.31	0.35	0.18	0.15	-

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