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

SHA:688432 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	951.68	932.81	865.8	1,120	821.36	514.27
Other Revenue	28.02	63.14	94.6	55.58	47.79	42.31
Revenue	979.7	995.95	960.4	1,175	869.16	556.58
Revenue Growth (YoY)	4.56%	3.70%	-18.29%	35.23%	56.16%	-10.88%
Cost of Revenue	594.8	628.1	638.94	726.92	627.63	358.52
Gross Profit	384.9	367.84	321.47	448.4	241.53	198.06
Selling, General & Admin	60.96	53.14	47.53	51.18	88.32	60.54
Research & Development	79.42	78.28	82.22	84.7	76.41	45.9
Other Operating Expenses	17.65	-7.34	-0.91	-2.87	-4.63	7.86
Operating Expenses	158.62	124.95	129.13	132.74	161.38	113.98
Operating Income	226.28	242.89	192.34	315.66	80.15	84.08
Interest Expense	-0.25	-0.34	-0.22	-0.13	-0.2	-
Interest & Investment Income	7.65	20.45	46.7	19.13	10.2	14.18
Currency Exchange Gain (Loss)	-0.32	0.63	5.95	57.74	-7.03	-18.87
Other Non Operating Income (Expenses)	-0.28	-0.3	-0.14	-0.26	20.06	-1.05
EBT Excluding Unusual Items	233.09	263.33	244.63	392.15	103.18	78.34
Gain (Loss) on Sale of Investments	-5.66	8.35	12.59	-4.43	-	-
Gain (Loss) on Sale of Assets	0.14	0.08	-0	-0.73	-0.23	-0.02
Asset Writedown	-0.89	-0.89	-0.26	-	-	-
Other Unusual Items	73.59	47.41	67.45	42.29	83.74	35.54
Pretax Income	300.28	318.29	324.41	429.28	186.7	113.86
Income Tax Expense	54.2	49.07	36.15	-	-	-
Earnings From Continuing Operations	246.08	269.23	288.26	429.28	186.7	113.86
Minority Interest in Earnings	-37.63	-36.32	-34.08	-77.96	-38.33	-0.28
Net Income	208.46	232.9	254.18	351.33	148.36	113.58
Net Income to Common	208.46	232.9	254.18	351.33	148.36	113.58
Net Income Growth	-6.62%	-8.37%	-27.65%	136.80%	30.63%	-8.97%
Shares Outstanding (Basic)	1,182	1,245	1,248	1,098	989	1,302
Shares Outstanding (Diluted)	1,182	1,245	1,248	1,098	989	1,302
Shares Change (YoY)	-7.63%	-0.22%	13.64%	11.00%	-24.01%	-
EPS (Basic)	0.18	0.19	0.20	0.32	0.15	0.09
EPS (Diluted)	0.18	0.19	0.20	0.32	0.15	0.09
EPS Growth	3.25%	-6.45%	-37.50%	113.33%	71.90%	-
Free Cash Flow	114.72	10.7	159.77	254.38	15.11	-263.37
Free Cash Flow Per Share	0.10	0.01	0.13	0.23	0.01	-0.20
Dividend Per Share	-	-	0.070	-	-	-
Gross Margin	39.29%	36.93%	33.47%	38.15%	27.79%	35.59%
Operating Margin	23.10%	24.39%	20.03%	26.86%	9.22%	15.11%
Profit Margin	21.28%	23.39%	26.47%	29.89%	17.07%	20.41%
Free Cash Flow Margin	11.71%	1.07%	16.63%	21.64%	1.74%	-47.32%
EBITDA	313.93	326.57	274.92	397.74	152.83	106.76
EBITDA Margin	32.04%	32.79%	28.63%	33.84%	17.58%	19.18%
D&A For EBITDA	87.64	83.68	82.59	82.08	72.68	22.68
EBIT	226.28	242.89	192.34	315.66	80.15	84.08
EBIT Margin	23.10%	24.39%	20.03%	26.86%	9.22%	15.11%
Effective Tax Rate	18.05%	15.42%	11.14%	-	-	-
Revenue as Reported	-	-	-	1,175	869.16	-

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