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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,676	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	1,676	1,494	1,400	1,860	2,073	1,946
Revenue Growth (YoY)	13.50%	6.73%	-24.74%	-10.27%	6.51%	44.28%
Cost of Revenue	1,426	1,259	1,186	1,619	1,898	1,649
Gross Profit	249.73	235.32	214.01	240.48	174.87	296.64
Selling, General & Admin	98.4	97.39	86.87	100.16	109.72	99.14
Research & Development	37.48	30.31	31.32	32.67	32.34	29.74
Other Operating Expenses	3.51	3.75	2.8	4.72	3.25	5.13
Operating Expenses	138.04	130.49	122.19	136.14	146.86	134.15
Operating Income	111.68	104.83	91.82	104.34	28.01	162.49
Interest Expense	-0.89	-0.36	-0.95	-4.42	-10.57	-6.23
Interest & Investment Income	5.44	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)	-15.04	-0.16	-0.18	-0.63	-2.07	-1.19
EBT Excluding Unusual Items	112.4	123.35	95.52	108.99	10.02	156.7
Gain (Loss) on Sale of Investments	-11.12	-11.12	-3.43	-0.12	-	-
Gain (Loss) on Sale of Assets	-0.35	0	0.19	-2.15	-0.16	-0.04
Asset Writedown	0.44	-	-	-	-	-
Other Unusual Items	2.77	2.37	2.26	0.8	0.28	-4.75
Pretax Income	104.13	114.6	94.55	107.51	10.14	151.92
Income Tax Expense	20.57	26.93	23.63	23.37	-2.43	32.97
Earnings From Continuing Operations	83.56	87.67	70.92	84.15	12.58	118.95
Minority Interest in Earnings	0.62	1.01	0.02	-	-	-
Net Income	84.18	88.68	70.94	84.15	12.58	118.95
Net Income to Common	84.18	88.68	70.94	84.15	12.58	118.95
Net Income Growth	14.17%	25.00%	-15.69%	569.04%	-89.43%	51.98%
Shares Outstanding (Basic)	401	403	394	401	419	372
Shares Outstanding (Diluted)	401	403	394	401	419	372
Shares Change (YoY)	3.39%	2.28%	-1.64%	-4.42%	12.78%	4.49%
EPS (Basic)	0.21	0.22	0.18	0.21	0.03	0.32
EPS (Diluted)	0.21	0.22	0.18	0.21	0.03	0.32
EPS Growth	10.42%	22.22%	-14.29%	600.00%	-90.63%	45.45%
Free Cash Flow	137.72	9.06	307.69	-73.86	-117.31	-89.68
Free Cash Flow Per Share	0.34	0.02	0.78	-0.18	-0.28	-0.24
Dividend Per Share	0.031	0.070	0.021	0.022	-	0.080
Dividend Growth	-48.33%	233.33%	-4.54%	-	-	-
Gross Margin	14.90%	15.75%	15.29%	12.93%	8.44%	15.24%
Operating Margin	6.66%	7.02%	6.56%	5.61%	1.35%	8.35%
Profit Margin	5.02%	5.94%	5.07%	4.52%	0.61%	6.11%
Free Cash Flow Margin	8.22%	0.61%	21.98%	-3.97%	-5.66%	-4.61%
EBITDA	147.81	138.85	123.03	136.01	58.52	189.26
EBITDA Margin	8.82%	9.29%	8.79%	7.31%	2.82%	9.73%
D&A For EBITDA	36.13	34.02	31.21	31.66	30.5	26.77
EBIT	111.68	104.83	91.82	104.34	28.01	162.49
EBIT Margin	6.66%	7.02%	6.56%	5.61%	1.35%	8.35%
Effective Tax Rate	19.75%	23.50%	24.99%	21.73%	-	21.70%
Revenue as Reported	1,676	1,494	1,400	1,860	2,073	1,946

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