Explosive Co., Ltd. (SHE:002096)

Explosive 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022	Dec 31, 2020
Operating Revenue	9,263	8,457	8,346	2,172	1,892	1,868
Other Revenue	81.68	88.49	81.76	132.24	38.53	133.4
Revenue	9,345	8,546	8,428	2,304	1,931	2,002
Revenue Growth (YoY)	12.03%	1.40%	265.75%	19.33%	-3.53%	-20.62%
Cost of Revenue	7,027	6,350	6,263	1,685	1,324	1,361
Gross Profit	2,318	2,195	2,165	619.1	607.09	641.03
Selling, General & Admin	864.67	865.97	945.35	432.72	414.18	380.43
Research & Development	449.73	419.88	346.7	75.75	78.11	77.15
Other Operating Expenses	55.43	41.67	43.72	20.3	15.46	20.21
Operating Expenses	1,378	1,325	1,355	537.94	531.55	514.76
Operating Income	940.45	870.84	809.8	81.16	75.54	126.26
Interest Expense	-15.87	-20.11	-35.86	-36.95	-45.2	-42.06
Interest & Investment Income	48.74	51.25	47.69	17.74	14.3	13.04
Currency Exchange Gain (Loss)	-3.01	-3.93	-2.43	3.08	-0.03	4.62
Other Non Operating Income (Expenses)	-12.37	-11.54	-11.34	-1.32	-29.83	2.74
EBT Excluding Unusual Items	957.93	886.52	807.87	63.71	14.78	104.61
Gain (Loss) on Sale of Investments	-3.83	-3.83	3.87	-	-	-
Gain (Loss) on Sale of Assets	-1.07	0.96	-0.58	0.16	22.57	3.06
Asset Writedown	-1.2	-6.69	-4.04	-0.4	-2.79	-67.89
Other Unusual Items	36.83	26.88	11.66	16.62	17.56	12.42
Pretax Income	988.67	903.84	818.77	80.09	52.12	52.19
Income Tax Expense	155.84	141.22	143.32	24.67	0.21	-4.57
Earnings From Continuing Operations	832.82	762.62	675.45	55.41	51.91	56.76
Minority Interest in Earnings	-62.11	-49.59	-41.57	-7.71	-2.92	-6.12
Net Income	770.72	713.04	633.88	47.7	49	50.64
Net Income to Common	770.72	713.04	633.88	47.7	49	50.64
Net Income Growth	13.21%	12.49%	1228.80%	-2.64%	-3.24%	112.16%
Shares Outstanding (Basic)	1,243	1,251	1,132	367	377	362
Shares Outstanding (Diluted)	1,243	1,251	1,132	367	377	362
Shares Change (YoY)	5.91%	10.51%	208.47%	-2.64%	4.21%	-9.07%
EPS (Basic)	0.62	0.57	0.56	0.13	0.13	0.14
EPS (Diluted)	0.62	0.57	0.56	0.13	0.13	0.14
EPS Growth	6.89%	1.79%	330.77%	-	-7.14%	133.33%
Free Cash Flow	1,029	380.54	539.14	323.01	-13.02	405.52
Free Cash Flow Per Share	0.83	0.30	0.48	0.88	-0.04	1.12
Dividend Per Share	0.230	0.230	-	0.030	0.030	0.020
Dividend Growth	-	-	-	-	50.00%	-
Gross Margin	24.81%	25.69%	25.69%	26.87%	31.44%	32.02%
Operating Margin	10.06%	10.19%	9.61%	3.52%	3.91%	6.31%
Profit Margin	8.25%	8.34%	7.52%	2.07%	2.54%	2.53%
Free Cash Flow Margin	11.01%	4.45%	6.40%	14.02%	-0.67%	20.26%
EBITDA	1,213	1,123	1,047	168.75	160.68	206.97
EBITDA Margin	12.98%	13.14%	12.42%	7.32%	8.32%	10.34%
D&A For EBITDA	272.19	252.37	237.12	87.59	85.14	80.7
EBIT	940.45	870.84	809.8	81.16	75.54	126.26
EBIT Margin	10.06%	10.19%	9.61%	3.52%	3.91%	6.31%
Effective Tax Rate	15.76%	15.62%	17.50%	30.81%	0.40%	-
Revenue as Reported	9,345	8,546	8,428	2,304	1,931	2,002

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.