Norsyn Crop Technology Co., Ltd. (SHE:001231)

Norsyn Crop Technology 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	700.27	642.05	602.34	626.29	541.37	476.85
Other Revenue	7.22	7.22	3.36	7.57	2.9	2.77
Revenue	707.49	649.27	605.7	633.86	544.28	479.61
Revenue Growth (YoY)	18.94%	7.19%	-4.44%	16.46%	13.48%	2.08%
Cost of Revenue	490.21	436.52	410.82	422.52	354.58	308.54
Gross Profit	217.28	212.75	194.88	211.34	189.69	171.07
Selling, General & Admin	113.61	112.7	107.99	93.05	81.86	74.23
Research & Development	38.23	40.61	39.64	29.79	17.71	16.7
Other Operating Expenses	2.34	1.82	0.78	1.71	1.88	0.75
Operating Expenses	155.28	156.16	148.79	124.31	101.43	92.56
Operating Income	62	56.59	46.09	87.04	88.26	78.52
Interest Expense	-2.12	-1.64	-1.77	-0.68	-0.84	-0.96
Interest & Investment Income	10.09	11.47	10.14	5.66	3.64	2.55
Currency Exchange Gain (Loss)	0.11	0.11	0.01	0.12	-0.11	-0.22
Other Non Operating Income (Expenses)	-0.17	-0.19	-0.34	-0.37	-0.72	0.28
EBT Excluding Unusual Items	69.91	66.34	54.13	91.77	90.24	80.18
Gain (Loss) on Sale of Investments	1.14	0.57	-	-	-	-
Gain (Loss) on Sale of Assets	-0.04	0.02	-	-0.04	0.04	-
Asset Writedown	-2.01	-0.84	-0.23	-0.58	-0.32	-1.25
Other Unusual Items	1.27	1.27	4.41	16.22	5.18	0.74
Pretax Income	70.26	67.37	58.3	107.36	95.14	79.67
Income Tax Expense	11.19	10.96	9.38	15.13	13.51	11.53
Earnings From Continuing Operations	59.08	56.41	48.92	92.23	81.63	68.13
Minority Interest in Earnings	4.02	3.52	3.39	1.52	0.89	-
Net Income	63.09	59.92	52.31	93.76	82.51	68.13
Net Income to Common	63.09	59.92	52.31	93.76	82.51	68.13
Net Income Growth	24.53%	14.56%	-44.21%	13.62%	21.11%	23.46%
Shares Outstanding (Basic)	99	100	101	83	75	75
Shares Outstanding (Diluted)	99	100	101	83	75	75
Shares Change (YoY)	-2.43%	-0.72%	21.24%	10.61%	0.02%	-
EPS (Basic)	0.64	0.60	0.52	1.13	1.10	0.91
EPS (Diluted)	0.64	0.60	0.52	1.13	1.10	0.91
EPS Growth	27.63%	15.38%	-53.98%	2.73%	21.08%	23.46%
Free Cash Flow	-31.85	12.96	28.83	-116.55	5.06	80.54
Free Cash Flow Per Share	-0.32	0.13	0.29	-1.41	0.07	1.07
Dividend Per Share	0.200	0.200	0.080	0.200	-	0.200
Dividend Growth	150.00%	150.00%	-60.00%	-	-	85.19%
Gross Margin	30.71%	32.77%	32.17%	33.34%	34.85%	35.67%
Operating Margin	8.76%	8.72%	7.61%	13.73%	16.22%	16.37%
Profit Margin	8.92%	9.23%	8.64%	14.79%	15.16%	14.21%
Free Cash Flow Margin	-4.50%	2.00%	4.76%	-18.39%	0.93%	16.79%
EBITDA	-	73.65	62.2	97.18	97.92	87.95
EBITDA Margin	-	11.34%	10.27%	15.33%	17.99%	18.34%
D&A For EBITDA	-	17.06	16.11	10.14	9.66	9.43
EBIT	62	56.59	46.09	87.04	88.26	78.52
EBIT Margin	8.76%	8.72%	7.61%	13.73%	16.22%	16.37%
Effective Tax Rate	15.92%	16.27%	16.09%	14.09%	14.20%	14.47%
Revenue as Reported	707.49	649.27	605.7	633.86	544.28	-
Advertising Expenses	-	1.45	1.66	1.12	1.13	0.97

Updated Oct 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.