Anhui Strong State New Materials Co., Ltd. (SHE:001279)

SHE:001279 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	1,480	1,452	1,399	1,558	1,474	1,079
Other Revenue	27.39	27.39	26.41	30.69	28.08	13.6
Revenue	1,507	1,479	1,425	1,588	1,503	1,093
Revenue Growth (YoY)	-5.12%	3.77%	-10.26%	5.72%	37.52%	-13.61%
Cost of Revenue	1,333	1,301	1,238	1,386	1,330	926.16
Gross Profit	174.45	178.26	187.72	202.06	172.55	166.42
Selling, General & Admin	48.71	48.71	42	41.53	42.51	35.79
Research & Development	51.79	51.25	48.58	54.81	48.59	30.84
Other Operating Expenses	-0.34	-0.24	-1.13	3.58	1.18	3.22
Operating Expenses	102.4	101.95	90.14	100.49	90.92	72.71
Operating Income	72.06	76.31	97.58	101.57	81.63	93.7
Interest Expense	-0.96	-1.19	-2.52	-4.69	-3.07	-0.54
Interest & Investment Income	7.17	4.5	3.42	2	0.14	0.1
Currency Exchange Gain (Loss)	8.11	8.11	2.92	-0.71	-2	-
Other Non Operating Income (Expenses)	-0.18	-0.38	-0.35	-0.27	-0.1	-5.97
EBT Excluding Unusual Items	86.2	87.35	101.06	97.9	76.59	87.29
Gain (Loss) on Sale of Investments	0.13	-	-	-	-0.04	-0.19
Gain (Loss) on Sale of Assets	-0	-	-0.08	-0.01	-	-
Asset Writedown	-0.25	-0.31	-0.32	-0.33	-0.16	-0.01
Other Unusual Items	8.32	4.37	4.62	13.04	2.87	2.82
Pretax Income	94.41	91.41	105.28	110.59	79.26	89.91
Income Tax Expense	9.34	9.09	11.77	11.7	8.8	13.24
Net Income	85.07	82.32	93.51	98.89	70.47	76.68
Net Income to Common	85.07	82.32	93.51	98.89	70.47	76.68
Net Income Growth	-13.98%	-11.97%	-5.44%	40.34%	-8.10%	-38.73%
Shares Outstanding (Basic)	137	127	120	121	114	43
Shares Outstanding (Diluted)	137	127	120	121	114	43
Shares Change (YoY)	13.32%	5.55%	-0.50%	6.11%	162.79%	23.57%
EPS (Basic)	0.62	0.65	0.78	0.82	0.62	1.77
EPS (Diluted)	0.62	0.65	0.78	0.82	0.62	1.77
EPS Growth	-24.09%	-16.61%	-4.96%	32.26%	-65.03%	-50.41%
Free Cash Flow	91.22	13.67	77.46	103.72	11.12	74.56
Free Cash Flow Per Share	0.67	0.11	0.65	0.86	0.10	1.72
Dividend Per Share	0.125	0.125	-	-	-	-
Gross Margin	11.57%	12.05%	13.17%	12.72%	11.48%	15.23%
Operating Margin	4.78%	5.16%	6.84%	6.39%	5.43%	8.58%
Profit Margin	5.64%	5.56%	6.56%	6.23%	4.69%	7.02%
Free Cash Flow Margin	6.05%	0.92%	5.43%	6.53%	0.74%	6.82%
EBITDA	88.06	92.46	114.38	118.65	98.28	109.75
EBITDA Margin	5.84%	6.25%	8.02%	7.47%	6.54%	10.04%
D&A For EBITDA	16	16.16	16.8	17.08	16.66	16.05
EBIT	72.06	76.31	97.58	101.57	81.63	93.7
EBIT Margin	4.78%	5.16%	6.84%	6.39%	5.43%	8.58%
Effective Tax Rate	9.90%	9.95%	11.18%	10.58%	11.10%	14.72%
Revenue as Reported	1,507	1,479	1,425	1,588	1,503	-

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