Baimtec Material Co.,Ltd. (SHA:688563)

Baimtec Material 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	Jan 1, 2021
Operating Revenue	2,752	2,908	2,766	2,314	1,922	1,426
Other Revenue	23.68	23.68	36.96	21.51	25.24	26.08
Revenue	2,775	2,932	2,803	2,335	1,947	1,453
Revenue Growth (YoY)	-1.02%	4.62%	20.01%	19.95%	34.04%	223.99%
Cost of Revenue	1,948	2,069	1,916	1,550	1,298	960.79
Gross Profit	827.07	863.34	886.38	785.19	649.23	491.73
Selling, General & Admin	101.74	94.89	96.67	81.39	64.12	48.7
Research & Development	210.56	242.19	203.89	187.1	127.76	104.3
Other Operating Expenses	16.18	3.7	4.73	3.18	4	4.09
Operating Expenses	378.32	382.44	309.28	275.83	218.96	155.19
Operating Income	448.75	480.9	577.11	509.36	430.27	336.54
Interest Expense	-6	-7.48	-6.01	-7.61	-11.31	-11.82
Interest & Investment Income	174.55	140.12	52.53	5.73	5.31	0.26
Currency Exchange Gain (Loss)	2.81	2.81	7.92	16.8	-2.07	-1.73
Other Non Operating Income (Expenses)	0.36	-0	-0.25	-0.1	7.46	-7.61
EBT Excluding Unusual Items	620.47	616.34	631.29	524.18	429.66	315.64
Gain (Loss) on Sale of Investments	-32.64	6.7	8.63	-	-	-
Gain (Loss) on Sale of Assets	-0.77	-0.77	-0.83	0.08	0.15	0.09
Asset Writedown	-0.46	-	-	-	-1.06	0.05
Other Unusual Items	20.87	20.87	6.95	-35.82	-7.94	4.43
Pretax Income	607.47	643.14	646.04	488.45	420.81	320.21
Income Tax Expense	62.3	62.1	69.83	45.99	45.58	37.15
Net Income	545.16	581.04	576.21	442.46	375.24	283.06
Net Income to Common	545.16	581.04	576.21	442.46	375.24	283.06
Net Income Growth	7.05%	0.84%	30.23%	17.91%	32.57%	495.45%
Shares Outstanding (Basic)	450	450	397	360	361	-
Shares Outstanding (Diluted)	450	450	397	360	361	-
Shares Change (YoY)	0.39%	13.35%	10.47%	-0.30%	-	-
EPS (Basic)	1.21	1.29	1.45	1.23	1.04	-
EPS (Diluted)	1.21	1.29	1.45	1.23	1.04	-
EPS Growth	6.63%	-11.03%	17.89%	18.27%	-	-
Free Cash Flow	-22.32	-124.64	77.35	-18.68	122.95	-7.88
Free Cash Flow Per Share	-0.05	-0.28	0.20	-0.05	0.34	-
Dividend Per Share	0.532	0.482	0.477	-	0.056	-
Dividend Growth	1.42%	1.05%	-	-	-	-
Gross Margin	29.80%	29.44%	31.63%	33.62%	33.35%	33.85%
Operating Margin	16.17%	16.40%	20.59%	21.81%	22.10%	23.17%
Profit Margin	19.64%	19.82%	20.56%	18.95%	19.27%	19.49%
Free Cash Flow Margin	-0.80%	-4.25%	2.76%	-0.80%	6.31%	-0.54%
EBITDA	510.13	545.73	646.53	569.37	457.5	364.17
EBITDA Margin	18.38%	18.61%	23.07%	24.38%	23.50%	25.07%
D&A For EBITDA	61.39	64.83	69.43	60.01	27.23	27.63
EBIT	448.75	480.9	577.11	509.36	430.27	336.54
EBIT Margin	16.17%	16.40%	20.59%	21.81%	22.10%	23.17%
Effective Tax Rate	10.26%	9.65%	10.81%	9.42%	10.83%	11.60%
Revenue as Reported	2,775	2,932	2,803	2,335	1,947	1,453

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