Swancor Advanced Materials Co., Ltd. (SHA:688585)

SHA:688585 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,529	1,494	1,399	1,859	2,072	1,946
Other Revenue	0.12	0.12	0.38	0.71	0.73	0.05
Revenue	1,529	1,494	1,400	1,860	2,073	1,946
Revenue Growth (YoY)	8.29%	6.73%	-24.74%	-10.27%	6.51%	44.28%
Cost of Revenue	1,288	1,259	1,186	1,619	1,898	1,649
Gross Profit	241.38	235.32	214.01	240.48	174.87	296.64
Selling, General & Admin	97.53	97.39	86.87	100.16	109.72	99.14
Research & Development	30.53	30.31	31.32	32.67	32.34	29.74
Other Operating Expenses	4.41	3.75	2.8	4.72	3.25	5.13
Operating Expenses	130.32	130.49	122.19	136.14	146.86	134.15
Operating Income	111.06	104.83	91.82	104.34	28.01	162.49
Interest Expense	-0.56	-0.36	-0.95	-4.42	-10.57	-6.23
Interest & Investment Income	7.42	7.84	2.82	1.96	2.71	1.9
Currency Exchange Gain (Loss)	11.21	11.21	2.01	7.74	-8.07	-0.27
Other Non Operating Income (Expenses)	-2	-0.16	-0.18	-0.63	-2.07	-1.19
EBT Excluding Unusual Items	127.12	123.35	95.52	108.99	10.02	156.7
Gain (Loss) on Sale of Investments	-11.16	-11.12	-3.43	-0.12	-	-
Gain (Loss) on Sale of Assets	-0.05	0	0.19	-2.15	-0.16	-0.04
Asset Writedown	0.91	-	-	-	-	-
Other Unusual Items	2.52	2.37	2.26	0.8	0.28	-4.75
Pretax Income	119.35	114.6	94.55	107.51	10.14	151.92
Income Tax Expense	27.31	26.93	23.63	23.37	-2.43	32.97
Earnings From Continuing Operations	92.04	87.67	70.92	84.15	12.58	118.95
Minority Interest in Earnings	0.75	1.01	0.02	-	-	-
Net Income	92.79	88.68	70.94	84.15	12.58	118.95
Net Income to Common	92.79	88.68	70.94	84.15	12.58	118.95
Net Income Growth	29.50%	25.00%	-15.69%	569.04%	-89.43%	51.98%
Shares Outstanding (Basic)	405	403	394	401	419	372
Shares Outstanding (Diluted)	405	403	394	401	419	372
Shares Change (YoY)	7.81%	2.28%	-1.64%	-4.42%	12.78%	4.49%
EPS (Basic)	0.23	0.22	0.18	0.21	0.03	0.32
EPS (Diluted)	0.23	0.22	0.18	0.21	0.03	0.32
EPS Growth	20.11%	22.22%	-14.29%	600.00%	-90.63%	45.45%
Free Cash Flow	102.77	9.06	307.69	-73.86	-117.31	-89.68
Free Cash Flow Per Share	0.25	0.02	0.78	-0.18	-0.28	-0.24
Dividend Per Share	0.070	0.070	0.021	0.022	-	0.080
Dividend Growth	233.33%	233.33%	-4.54%	-	-	-
Gross Margin	15.78%	15.75%	15.29%	12.93%	8.44%	15.24%
Operating Margin	7.26%	7.02%	6.56%	5.61%	1.35%	8.35%
Profit Margin	6.07%	5.94%	5.07%	4.52%	0.61%	6.11%
Free Cash Flow Margin	6.72%	0.61%	21.98%	-3.97%	-5.66%	-4.61%
EBITDA	145.78	138.85	123.03	136.01	58.52	189.26
EBITDA Margin	9.53%	9.29%	8.79%	7.31%	2.82%	9.73%
D&A For EBITDA	34.73	34.02	31.21	31.66	30.5	26.77
EBIT	111.06	104.83	91.82	104.34	28.01	162.49
EBIT Margin	7.26%	7.02%	6.56%	5.61%	1.35%	8.35%
Effective Tax Rate	22.88%	23.50%	24.99%	21.73%	-	21.70%
Revenue as Reported	1,529	1,494	1,400	1,860	2,073	1,946

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