Baimtec Material Co.,Ltd. Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Jan '21 Jan 1, 2021	Jan '20 Jan 1, 2020
Operating Revenue	2,964	2,766	2,314	1,922	1,426	425.59
Other Revenue	30.31	36.96	21.51	25.24	26.08	22.73
Revenue	2,994	2,803	2,335	1,947	1,453	448.32
Revenue Growth (YoY)	17.67%	20.01%	19.95%	34.04%	223.99%	-
Cost of Revenue	2,129	1,916	1,550	1,298	960.79	316.16
Gross Profit	865.31	886.38	785.19	649.23	491.73	132.16
Selling, General & Admin	100.42	96.67	81.39	64.12	48.7	37.51
Research & Development	212.92	203.89	187.1	127.76	104.3	25.48
Other Operating Expenses	-6.14	4.51	3.18	4	4.09	2.54
Operating Expenses	314.39	309.06	275.83	218.96	155.19	67.63
Operating Income	550.92	577.33	509.36	430.27	336.54	64.53
Interest Expense	-7.31	-6.01	-7.61	-11.31	-11.82	-12.23
Interest & Investment Income	79.36	52.53	5.73	5.31	0.26	0.27
Currency Exchange Gain (Loss)	-7.77	7.92	16.8	-2.07	-1.73	2.1
Other Non Operating Income (Expenses)	4.71	-0.25	-0.1	7.46	-7.61	2.88
EBT Excluding Unusual Items	619.91	631.51	524.18	429.66	315.64	57.56
Gain (Loss) on Sale of Investments	41.57	8.63	-	-	-	-
Gain (Loss) on Sale of Assets	0.06	-0.83	0.08	0.15	0.09	-
Asset Writedown	3.27	-	-	-1.06	0.05	-0.91
Other Unusual Items	3.5	6.73	-35.82	-7.94	4.43	-3.16
Pretax Income	668.31	646.04	488.45	420.81	320.21	53.49
Income Tax Expense	76.84	69.83	45.99	45.58	37.15	5.96
Net Income	591.47	576.21	442.46	375.24	283.06	47.54
Net Income to Common	591.47	576.21	442.46	375.24	283.06	47.54
Net Income Growth	15.68%	30.23%	17.91%	32.57%	495.45%	-
Shares Outstanding (Basic)	442	397	360	361	-	-
Shares Outstanding (Diluted)	442	397	360	361	-	-
Shares Change (YoY)	22.91%	10.47%	-0.30%	-	-	-
EPS (Basic)	1.34	1.45	1.23	1.04	-	-
EPS (Diluted)	1.34	1.45	1.23	1.04	-	-
EPS Growth	-5.88%	17.89%	18.27%	-	-	-
Free Cash Flow	-161.43	77.35	-18.68	122.95	-7.88	-4.61
Free Cash Flow Per Share	-0.36	0.19	-0.05	0.34	-	-
Dividend Per Share	0.345	0.477	-	0.056	-	-
Gross Margin	28.90%	31.63%	33.62%	33.35%	33.85%	29.48%
Operating Margin	18.40%	20.60%	21.81%	22.10%	23.17%	14.39%
Profit Margin	19.75%	20.56%	18.95%	19.27%	19.49%	10.60%
Free Cash Flow Margin	-5.39%	2.76%	-0.80%	6.31%	-0.54%	-1.03%
EBITDA	642.99	646.75	569.37	457.5	364.17	76.92
EBITDA Margin	21.48%	23.08%	24.38%	23.50%	25.07%	17.16%
D&A For EBITDA	92.08	69.43	60.01	27.23	27.63	12.39
EBIT	550.92	577.33	509.36	430.27	336.54	64.53
EBIT Margin	18.40%	20.60%	21.81%	22.10%	23.17%	14.39%
Effective Tax Rate	11.50%	10.81%	9.42%	10.83%	11.60%	11.14%
Revenue as Reported	2,412	2,803	2,335	1,947	1,453	-

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