GuangDong Leary New Material Technology Co.,Ltd. (SHA:688683)

SHA:688683 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	525.65	425.88	466.41	446.48	395.64
Other Revenue	-	12.34	9.41	8.56	5.19
Revenue	525.65	438.22	475.82	455.04	400.83
Revenue Growth (YoY)	19.95%	-7.90%	4.57%	13.53%	5.21%
Cost of Revenue	400.19	335.6	354.3	311.8	250.51
Gross Profit	125.45	102.62	121.52	143.24	150.32
Selling, General & Admin	63.21	56.06	54.73	54.65	52.5
Research & Development	29.54	23.79	25.78	25.38	22.7
Other Operating Expenses	-7.03	1.33	1.69	2.01	2.83
Operating Expenses	85.72	81.42	84.25	82.52	79.28
Operating Income	39.73	21.2	37.26	60.72	71.04
Interest Expense	-	-0.79	-1.38	-1.47	-0.23
Interest & Investment Income	0.05	6.98	6.6	9.3	3.93
Currency Exchange Gain (Loss)	-	0.68	6.21	-2.69	-6.6
Other Non Operating Income (Expenses)	3.33	-0.17	0.02	-0.03	-0.39
EBT Excluding Unusual Items	43.11	27.9	48.71	65.83	67.77
Gain (Loss) on Sale of Investments	0.04	-1.53	-1.71	1.49	1.27
Gain (Loss) on Sale of Assets	-0.03	-3.06	0.92	-0.05	0.01
Asset Writedown	-3.67	-	-	-	-
Other Unusual Items	-	4.15	4.93	9.39	2.77
Pretax Income	39.44	27.47	52.85	76.66	71.81
Income Tax Expense	2.44	0.84	4.54	8.91	8.5
Earnings From Continuing Operations	37.01	26.62	48.31	67.74	63.31
Minority Interest in Earnings	0.35	2.63	-0.61	-	-
Net Income	37.36	29.25	47.69	67.74	63.31
Net Income to Common	37.36	29.25	47.69	67.74	63.31
Net Income Growth	27.69%	-38.66%	-29.60%	7.00%	3.74%
Shares Outstanding (Basic)	156	154	149	135	111
Shares Outstanding (Diluted)	156	154	149	135	111
Shares Change (YoY)	1.09%	3.31%	10.01%	21.98%	0.10%
EPS (Basic)	0.24	0.19	0.32	0.50	0.57
EPS (Diluted)	0.24	0.19	0.32	0.50	0.57
EPS Growth	26.32%	-40.63%	-36.00%	-12.28%	3.64%
Free Cash Flow	-216.27	-135.97	-67.67	-46.57	-22.95
Free Cash Flow Per Share	-1.39	-0.88	-0.45	-0.34	-0.21
Dividend Per Share	-	0.065	0.100	0.150	0.170
Dividend Growth	-	-35.00%	-33.33%	-11.77%	-
Gross Margin	23.87%	23.42%	25.54%	31.48%	37.50%
Operating Margin	7.56%	4.84%	7.83%	13.34%	17.72%
Profit Margin	7.11%	6.68%	10.02%	14.89%	15.79%
Free Cash Flow Margin	-41.14%	-31.03%	-14.22%	-10.23%	-5.73%
EBITDA	66.3	43.18	50.69	71.3	82.8
EBITDA Margin	12.61%	9.85%	10.65%	15.67%	20.66%
D&A For EBITDA	26.57	21.98	13.43	10.58	11.76
EBIT	39.73	21.2	37.26	60.72	71.04
EBIT Margin	7.56%	4.84%	7.83%	13.34%	17.72%
Effective Tax Rate	6.18%	3.06%	8.59%	11.63%	11.84%
Revenue as Reported	-	438.22	475.82	455.04	400.83

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