GRIPM Advanced Materials Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	3,902	3,204	2,670	2,766	2,774
Other Revenue	-	24.97	11.39	14.6	6.85
Revenue	3,902	3,229	2,681	2,781	2,781
Revenue Growth (YoY)	20.85%	20.44%	-3.58%	-0.01%	60.16%
Cost of Revenue	-	2,984	2,460	2,577	2,544
Gross Profit	3,902	244.59	221.3	203.44	236.59
Selling, General & Admin	-	81.2	81.26	67.32	67.51
Research & Development	-	110.68	105.6	91.51	101.3
Other Operating Expenses	3,825	8.92	7.8	4.45	7.11
Operating Expenses	3,825	203.42	194.66	163.02	176.78
Operating Income	77.35	41.17	26.64	40.42	59.81
Interest Expense	-	-7.2	-4.96	-3.91	-2.02
Interest & Investment Income	-	2.18	1.38	1.56	14.07
Currency Exchange Gain (Loss)	-	0.41	1.85	9.11	0.74
Other Non Operating Income (Expenses)	0.2	-1.76	-1.82	-1.63	-2.03
EBT Excluding Unusual Items	77.55	34.81	23.08	45.54	70.56
Gain (Loss) on Sale of Investments	-	-4.19	-0.86	-3.3	0.08
Gain (Loss) on Sale of Assets	-	2.65	10.07	0.55	-0.03
Asset Writedown	-	-	-	-3.38	-
Other Unusual Items	-	31.29	29.6	20.31	15.32
Pretax Income	77.55	64.57	61.88	59.73	85.94
Income Tax Expense	6.63	3.16	3.45	3.22	4.73
Earnings From Continuing Operations	70.91	61.41	58.43	56.51	81.21
Minority Interest in Earnings	-	-2.03	-3.31	-1.07	0.02
Net Income	70.91	59.38	55.12	55.44	81.23
Net Income to Common	70.91	59.38	55.12	55.44	81.23
Net Income Growth	19.41%	7.73%	-0.59%	-31.74%	-38.54%
Shares Outstanding (Basic)	104	104	104	105	97
Shares Outstanding (Diluted)	104	104	104	105	97
Shares Change (YoY)	0.10%	0.17%	-0.59%	8.18%	30.97%
EPS (Basic)	0.68	0.57	0.53	0.53	0.84
EPS (Diluted)	0.68	0.57	0.53	0.53	0.84
EPS Growth	19.30%	7.55%	-	-36.91%	-53.07%
Free Cash Flow	-	-43.88	-87.52	-48.07	-69.24
Free Cash Flow Per Share	-	-0.42	-0.84	-0.46	-0.72
Dividend Per Share	-	0.200	0.200	0.200	0.240
Dividend Growth	-	-	-	-16.67%	60.00%
Gross Margin	100.00%	7.58%	8.25%	7.32%	8.51%
Operating Margin	1.98%	1.27%	0.99%	1.45%	2.15%
Profit Margin	1.82%	1.84%	2.06%	1.99%	2.92%
Free Cash Flow Margin	-	-1.36%	-3.26%	-1.73%	-2.49%
EBITDA	110.31	74.13	52.05	63.89	82.26
EBITDA Margin	2.83%	2.30%	1.94%	2.30%	2.96%
D&A For EBITDA	32.96	32.96	25.41	23.47	22.45
EBIT	77.35	41.17	26.64	40.42	59.81
EBIT Margin	1.98%	1.27%	0.99%	1.45%	2.15%
Effective Tax Rate	8.55%	4.89%	5.58%	5.38%	5.50%
Revenue as Reported	-	3,229	2,681	2,781	2,781

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