Zhejiang Kan Specialities Material Co., Ltd. (SHE:002012)

SHE:002012 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	557.23	557.16	759.51	1,324	1,707	1,504
Other Revenue	33.35	33.35	66.49	68.24	122.24	45.84
Revenue	590.58	590.51	826	1,392	1,830	1,550
Revenue Growth (YoY)	-13.26%	-28.51%	-40.65%	-23.93%	18.03%	34.53%
Cost of Revenue	490.52	488.97	702.99	1,120	1,389	1,042
Gross Profit	100.06	101.55	123.01	271.92	440.56	508.56
Selling, General & Admin	60.01	65.5	81	113.17	139.65	155.06
Research & Development	29.29	29.01	44.45	95.85	116.08	108.72
Other Operating Expenses	-0.42	-2.67	-8.28	11.39	11.76	9.35
Operating Expenses	89.72	91.9	120.37	219.54	275.46	279.18
Operating Income	10.34	9.65	2.63	52.39	165.09	229.37
Interest Expense	-1.08	-2.36	-4.34	-8.81	-12.41	-12.69
Interest & Investment Income	15.26	20.08	75.48	39.67	16.01	11.33
Currency Exchange Gain (Loss)	0.17	0.17	-2.54	2.2	-1.31	-2.39
Other Non Operating Income (Expenses)	-0.9	-0.28	-0.67	-0.71	-0.97	-1.01
EBT Excluding Unusual Items	23.8	27.26	70.57	84.73	166.41	224.63
Gain (Loss) on Sale of Investments	0.08	0.08	-15.66	-14.96	10.59	-4.14
Gain (Loss) on Sale of Assets	-	-	7.38	0.14	-3.89	0.23
Asset Writedown	-3.62	-3.62	0	-7.65	-9.99	-14.91
Other Unusual Items	1.5	1.39	-2.3	14.2	10.16	15.58
Pretax Income	21.75	25.1	59.99	76.46	173.28	221.4
Income Tax Expense	2.58	3.3	6.7	0.16	23.56	53.04
Earnings From Continuing Operations	19.17	21.8	53.29	76.29	149.72	168.36
Minority Interest in Earnings	-14.45	-16.06	-5.83	-22.88	-55.67	-75.77
Net Income	4.72	5.74	47.47	53.42	94.05	92.59
Net Income to Common	4.72	5.74	47.47	53.42	94.05	92.59
Net Income Growth	14.28%	-87.91%	-11.14%	-43.20%	1.58%	99.57%
Shares Outstanding (Basic)	549	574	475	486	470	463
Shares Outstanding (Diluted)	549	574	475	486	470	463
Shares Change (YoY)	6.78%	20.94%	-2.26%	3.27%	1.58%	-0.21%
EPS (Basic)	0.01	0.01	0.10	0.11	0.20	0.20
EPS (Diluted)	0.01	0.01	0.10	0.11	0.20	0.20
EPS Growth	7.02%	-90.00%	-9.09%	-45.00%	-	100.00%
Free Cash Flow	102.93	59.88	-30.24	175.99	161.69	49.95
Free Cash Flow Per Share	0.19	0.10	-0.06	0.36	0.34	0.11
Dividend Per Share	0.004	0.004	0.031	0.012	0.020	0.009
Dividend Growth	-87.10%	-87.10%	158.33%	-40.00%	119.78%	-56.67%
Gross Margin	16.94%	17.20%	14.89%	19.54%	24.08%	32.80%
Operating Margin	1.75%	1.63%	0.32%	3.76%	9.02%	14.80%
Profit Margin	0.80%	0.97%	5.75%	3.84%	5.14%	5.97%
Free Cash Flow Margin	17.43%	10.14%	-3.66%	12.65%	8.84%	3.22%
EBITDA	37.23	38.32	38.39	132.37	265.21	314.54
EBITDA Margin	6.30%	6.49%	4.65%	9.51%	14.49%	20.29%
D&A For EBITDA	26.89	28.67	35.75	79.98	100.11	85.16
EBIT	10.34	9.65	2.63	52.39	165.09	229.37
EBIT Margin	1.75%	1.63%	0.32%	3.76%	9.02%	14.80%
Effective Tax Rate	11.85%	13.14%	11.16%	0.21%	13.60%	23.96%
Revenue as Reported	590.58	590.51	826	1,392	1,830	1,550

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