GRINM Semiconductor Materials Co., Ltd. (SHA: 688432)

GRINM Semiconductor Materials Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	848.58	865.8	1,120	821.36	514.27	606.37
Other Revenue	94.6	94.6	55.58	47.79	42.31	18.14
Revenue	943.18	960.4	1,175	869.16	556.58	624.5
Revenue Growth (YoY)	-9.39%	-18.29%	35.23%	56.16%	-10.88%	-10.31%
Cost of Revenue	618.29	638.94	726.92	627.63	358.52	428.3
Gross Profit	324.9	321.47	448.4	241.53	198.06	196.2
Selling, General & Admin	49.93	47.53	51.18	88.32	60.54	53.49
Research & Development	75.54	82.22	84.7	76.41	45.9	34.45
Other Operating Expenses	51.94	1.05	-2.87	-4.63	7.86	6.37
Operating Expenses	178.48	131.1	132.74	161.38	113.98	93.84
Operating Income	146.42	190.37	315.66	80.15	84.08	102.36
Interest Expense	-0.45	-0.22	-0.13	-0.2	-	-
Interest & Investment Income	29.41	46.7	19.13	10.2	14.18	9.1
Currency Exchange Gain (Loss)	5.95	5.95	57.74	-7.03	-18.87	6.76
Other Non Operating Income (Expenses)	-9.42	-0.14	-0.26	20.06	-1.05	-0.24
EBT Excluding Unusual Items	171.92	242.66	392.15	103.18	78.34	117.98
Gain (Loss) on Sale of Investments	11.02	12.59	-4.43	-	-	1.46
Gain (Loss) on Sale of Assets	-0.25	-0.26	-0.73	-0.23	-0.02	-0.68
Asset Writedown	4.48	-	-	-	-	-3.46
Other Unusual Items	105.33	69.42	42.29	83.74	35.54	10.12
Pretax Income	292.5	324.41	429.28	186.7	113.86	125.42
Income Tax Expense	33.73	36.15	-	-	-	-
Earnings From Continuing Operations	258.76	288.26	429.28	186.7	113.86	125.42
Minority Interest in Earnings	-32.08	-34.08	-77.96	-38.33	-0.28	-0.65
Net Income	226.68	254.18	351.33	148.36	113.58	124.77
Net Income to Common	226.68	254.18	351.33	148.36	113.58	124.77
Net Income Growth	-20.61%	-27.65%	136.80%	30.63%	-8.97%	-15.78%
Shares Outstanding (Basic)	1,258	1,271	1,098	989	1,302	-
Shares Outstanding (Diluted)	1,258	1,271	1,098	989	1,302	-
Shares Change (YoY)	2.78%	15.76%	11.00%	-24.01%	-	-
EPS (Basic)	0.18	0.20	0.32	0.15	0.09	-
EPS (Diluted)	0.18	0.20	0.32	0.15	0.09	-
EPS Growth	-22.76%	-37.50%	113.33%	71.90%	-	-
Free Cash Flow	-18.81	159.77	254.38	15.11	-263.37	67.02
Free Cash Flow Per Share	-0.01	0.13	0.23	0.02	-0.20	-
Dividend Per Share	0.010	0.070	-	-	-	-
Gross Margin	34.45%	33.47%	38.15%	27.79%	35.58%	31.42%
Operating Margin	15.52%	19.82%	26.86%	9.22%	15.11%	16.39%
Profit Margin	24.03%	26.47%	29.89%	17.07%	20.41%	19.98%
Free Cash Flow Margin	-1.99%	16.64%	21.64%	1.74%	-47.32%	10.73%
EBITDA	227.37	271.81	397.74	152.83	106.76	134.21
EBITDA Margin	24.11%	28.30%	33.84%	17.58%	19.18%	21.49%
D&A For EBITDA	80.96	81.44	82.08	72.68	22.68	31.85
EBIT	146.42	190.37	315.66	80.15	84.08	102.36
EBIT Margin	15.52%	19.82%	26.86%	9.22%	15.11%	16.39%
Effective Tax Rate	11.53%	11.14%	-	-	-	-
Revenue as Reported	943.18	960.4	1,175	869.16	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.