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	Sep '24 Sep 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	2,767	2,766	2,314	1,922	1,426	425.59
Other Revenue	36.96	36.96	21.51	25.24	26.08	22.73
Revenue	2,804	2,803	2,335	1,947	1,453	448.32
Revenue Growth (YoY)	3.50%	20.01%	19.95%	34.04%	223.99%	-
Cost of Revenue	2,004	1,916	1,550	1,298	960.79	316.16
Gross Profit	800.14	886.38	785.19	649.23	491.73	132.16
Selling, General & Admin	98.48	96.67	81.39	64.12	48.7	37.51
Research & Development	226.66	203.89	187.1	127.76	104.3	25.48
Other Operating Expenses	-7.08	4.51	3.18	4	4.09	2.54
Operating Expenses	341.06	309.06	275.83	218.96	155.19	67.63
Operating Income	459.09	577.33	509.36	430.27	336.54	64.53
Interest Expense	-7.17	-6.01	-7.61	-11.31	-11.82	-12.23
Interest & Investment Income	63.49	52.53	5.73	5.31	0.26	0.27
Currency Exchange Gain (Loss)	7.92	7.92	16.8	-2.07	-1.73	2.1
Other Non Operating Income (Expenses)	-12.11	-0.25	-0.1	7.46	-7.61	2.88
EBT Excluding Unusual Items	511.21	631.51	524.18	429.66	315.64	57.56
Gain (Loss) on Sale of Investments	55.13	8.63	-	-	-	-
Gain (Loss) on Sale of Assets	-0.83	-0.83	0.08	0.15	0.09	-
Asset Writedown	-2.23	-	-	-1.06	0.05	-0.91
Other Unusual Items	5.89	6.73	-35.82	-7.94	4.43	-3.16
Pretax Income	569.18	646.04	488.45	420.81	320.21	53.49
Income Tax Expense	59.9	69.83	45.99	45.58	37.15	5.96
Net Income	509.27	576.21	442.46	375.24	283.06	47.54
Net Income to Common	509.27	576.21	442.46	375.24	283.06	47.54
Net Income Growth	-6.23%	30.23%	17.91%	32.57%	495.45%	-
Shares Outstanding (Basic)	449	397	360	361	-	-
Shares Outstanding (Diluted)	449	397	360	361	-	-
Shares Change (YoY)	19.32%	10.47%	-0.30%	-	-	-
EPS (Basic)	1.13	1.45	1.23	1.04	-	-
EPS (Diluted)	1.13	1.45	1.23	1.04	-	-
EPS Growth	-21.41%	17.89%	18.27%	-	-	-
Free Cash Flow	-247.31	77.35	-18.68	122.95	-7.88	-4.61
Free Cash Flow Per Share	-0.55	0.19	-0.05	0.34	-	-
Dividend Per Share	0.525	0.477	-	0.056	-	-
Gross Margin	28.54%	31.63%	33.62%	33.35%	33.85%	29.48%
Operating Margin	16.37%	20.60%	21.81%	22.10%	23.17%	14.39%
Profit Margin	18.16%	20.56%	18.95%	19.27%	19.49%	10.60%
Free Cash Flow Margin	-8.82%	2.76%	-0.80%	6.31%	-0.54%	-1.03%
EBITDA	557.03	646.75	569.37	457.5	364.17	76.92
EBITDA Margin	19.87%	23.08%	24.38%	23.50%	25.07%	17.16%
D&A For EBITDA	97.95	69.43	60.01	27.23	27.63	12.39
EBIT	459.09	577.33	509.36	430.27	336.54	64.53
EBIT Margin	16.37%	20.60%	21.81%	22.10%	23.17%	14.39%
Effective Tax Rate	10.52%	10.81%	9.42%	10.83%	11.60%	11.14%
Revenue as Reported	2,804	2,803	2,335	1,947	1,453	-

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