Wuxi Chemical Equipment Co., Ltd. (SHE:001332)

Wuxi Chemical Equipment 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,316	1,524	1,240	1,163	1,007	830.38
Other Revenue	9.36	9.36	8.76	6.59	5.83	4.89
Revenue	1,325	1,534	1,248	1,170	1,013	835.27
Revenue Growth (YoY)	-19.00%	22.86%	6.74%	15.49%	21.24%	9.99%
Cost of Revenue	859.61	1,044	986.08	806.85	639.72	519.14
Gross Profit	465.74	490.04	262.34	362.71	372.99	316.13
Selling, General & Admin	125.13	109.48	82.96	67.61	57.52	52.61
Research & Development	51.74	51.69	43.27	40.22	36.53	27.53
Other Operating Expenses	10.59	12.34	0.13	7.51	8.3	10.41
Operating Expenses	251.55	245.82	131.16	134.99	108.87	98.14
Operating Income	214.19	244.22	131.19	227.71	264.12	217.99
Interest Expense	-	-	-	-0.08	-0.43	-
Interest & Investment Income	41.84	41.01	34.41	8.73	4.32	4.13
Currency Exchange Gain (Loss)	3.5	3.5	4.8	19.41	-4.94	-3.24
Other Non Operating Income (Expenses)	7.01	-0.53	-1.02	-0.69	-0.41	-0.76
EBT Excluding Unusual Items	266.54	288.19	169.37	255.08	262.67	218.12
Gain (Loss) on Sale of Investments	-0.36	0.46	0.32	0.53	-	-0.51
Gain (Loss) on Sale of Assets	-	0.02	0.01	0.01	0	0.01
Asset Writedown	15.42	-1.6	-0.22	-0	-0	-0.23
Other Unusual Items	6.36	6.36	19.06	8.47	2.34	6.99
Pretax Income	287.97	293.44	188.53	264.1	265	224.39
Income Tax Expense	40.97	38.27	23.53	33.59	35.71	31.3
Net Income	247	255.16	165	230.5	229.29	193.09
Net Income to Common	247	255.16	165	230.5	229.29	193.09
Net Income Growth	1.11%	54.64%	-28.42%	0.53%	18.75%	15.48%
Shares Outstanding (Basic)	110	109	108	88	81	81
Shares Outstanding (Diluted)	110	109	108	88	81	81
Shares Change (YoY)	2.11%	0.68%	23.05%	8.16%	0.10%	0.06%
EPS (Basic)	2.24	2.35	1.53	2.63	2.83	2.39
EPS (Diluted)	2.24	2.35	1.53	2.63	2.83	2.39
EPS Growth	-0.98%	53.60%	-41.83%	-7.05%	18.63%	15.41%
Free Cash Flow	251.89	186.09	194.11	-128.5	117.75	192.95
Free Cash Flow Per Share	2.29	1.71	1.80	-1.47	1.45	2.38
Dividend Per Share	0.800	1.000	0.500	2.593	-	1.111
Dividend Growth	-20.00%	100.00%	-80.71%	-	-	-
Gross Margin	35.14%	31.95%	21.01%	31.01%	36.83%	37.85%
Operating Margin	16.16%	15.92%	10.51%	19.47%	26.08%	26.10%
Profit Margin	18.64%	16.64%	13.22%	19.71%	22.64%	23.12%
Free Cash Flow Margin	19.00%	12.13%	15.55%	-10.99%	11.63%	23.10%
EBITDA	246.71	275.13	159.95	251.81	288.04	238.71
EBITDA Margin	18.62%	17.94%	12.81%	21.53%	28.44%	28.58%
D&A For EBITDA	32.52	30.91	28.76	24.09	23.91	20.72
EBIT	214.19	244.22	131.19	227.71	264.12	217.99
EBIT Margin	16.16%	15.92%	10.51%	19.47%	26.08%	26.10%
Effective Tax Rate	14.23%	13.04%	12.48%	12.72%	13.48%	13.95%
Revenue as Reported	1,325	1,534	1,248	1,170	1,013	-

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