GRIPM Advanced Materials Co., Ltd. (SHA:688456)

GRIPM Advanced Materials 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	3,695	3,204	2,670	2,766	2,774	1,722
Other Revenue	24.97	24.97	11.39	14.6	6.85	14.41
Revenue	3,719	3,229	2,681	2,781	2,781	1,736
Revenue Growth (YoY)	22.65%	20.44%	-3.58%	-0.01%	60.16%	1.43%
Cost of Revenue	3,449	2,984	2,460	2,577	2,544	1,561
Gross Profit	270.12	244.59	221.3	203.44	236.59	175.03
Selling, General & Admin	87.07	81.2	81.26	67.32	67.51	57.13
Research & Development	114.57	110.68	105.6	91.51	101.3	64.6
Other Operating Expenses	11.15	8.92	7.8	4.45	7.11	6.15
Operating Expenses	214.33	203.42	194.66	163.02	176.78	127.5
Operating Income	55.79	41.17	26.64	40.42	59.81	47.53
Interest Expense	-8.15	-7.2	-4.96	-3.91	-2.02	-2.36
Interest & Investment Income	1.23	2.18	1.38	1.56	14.07	0.58
Currency Exchange Gain (Loss)	0.41	0.41	1.85	9.11	0.74	0.16
Other Non Operating Income (Expenses)	-6.12	-1.76	-1.82	-1.63	-2.03	-0.96
EBT Excluding Unusual Items	43.17	34.81	23.08	45.54	70.56	44.95
Gain (Loss) on Sale of Investments	1.35	-4.19	-0.86	-3.3	0.08	0.12
Gain (Loss) on Sale of Assets	-0.06	2.65	10.07	0.55	-0.03	75.67
Asset Writedown	-	-	-	-3.38	-	-
Other Unusual Items	31.48	31.29	29.6	20.31	15.32	27.84
Pretax Income	75.94	64.57	61.88	59.73	85.94	148.58
Income Tax Expense	3.21	3.16	3.45	3.22	4.73	16.41
Earnings From Continuing Operations	72.73	61.41	58.43	56.51	81.21	132.17
Minority Interest in Earnings	-2.04	-2.03	-3.31	-1.07	0.02	-
Net Income	70.68	59.38	55.12	55.44	81.23	132.17
Net Income to Common	70.68	59.38	55.12	55.44	81.23	132.17
Net Income Growth	23.32%	7.73%	-0.59%	-31.74%	-38.54%	119.58%
Shares Outstanding (Basic)	104	104	104	105	97	74
Shares Outstanding (Diluted)	104	104	104	105	97	74
Shares Change (YoY)	-0.19%	0.17%	-0.59%	8.18%	30.97%	4.27%
EPS (Basic)	0.68	0.57	0.53	0.53	0.84	1.79
EPS (Diluted)	0.68	0.57	0.53	0.53	0.84	1.79
EPS Growth	23.56%	7.55%	-	-36.91%	-53.07%	110.59%
Free Cash Flow	50	-43.88	-87.52	-48.07	-69.24	-23.34
Free Cash Flow Per Share	0.48	-0.42	-0.84	-0.46	-0.72	-0.32
Dividend Per Share	0.200	0.200	0.200	0.200	0.240	0.150
Dividend Growth	-	-	-	-16.67%	60.00%	-
Gross Margin	7.26%	7.58%	8.25%	7.32%	8.51%	10.08%
Operating Margin	1.50%	1.27%	0.99%	1.45%	2.15%	2.74%
Profit Margin	1.90%	1.84%	2.06%	1.99%	2.92%	7.61%
Free Cash Flow Margin	1.34%	-1.36%	-3.26%	-1.73%	-2.49%	-1.34%
EBITDA	94.41	74.13	52.05	63.89	82.26	67.49
EBITDA Margin	2.54%	2.30%	1.94%	2.30%	2.96%	3.89%
D&A For EBITDA	38.62	32.96	25.41	23.47	22.45	19.96
EBIT	55.79	41.17	26.64	40.42	59.81	47.53
EBIT Margin	1.50%	1.27%	0.99%	1.45%	2.15%	2.74%
Effective Tax Rate	4.22%	4.89%	5.58%	5.38%	5.50%	11.04%
Revenue as Reported	3,719	3,229	2,681	2,781	2,781	1,736

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