Fujian SBS Zipper Science&Technology Co., Ltd (SHE:002098)

SHE:002098 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	2,629	2,022	2,080	2,229	1,568
Other Revenue	-	32	32.5	32.33	22.04
Revenue	2,629	2,054	2,112	2,262	1,590
Revenue Growth (YoY)	27.98%	-2.78%	-6.60%	42.25%	-17.16%
Cost of Revenue	1,751	1,406	1,490	1,532	1,050
Gross Profit	877.51	648.03	622.34	729.66	540.15
Selling, General & Admin	511.52	390.81	430.84	458.9	343.46
Research & Development	89.03	87.39	76.46	69.35	46.02
Other Operating Expenses	7.77	11.99	16.87	18.5	13.92
Operating Expenses	608.32	495.16	529.51	557.83	411.36
Operating Income	269.19	152.87	92.83	171.83	128.79
Interest Expense	-	-11.64	-21.97	-34.92	-51.8
Interest & Investment Income	0.43	3.27	3.87	5.8	7.96
Currency Exchange Gain (Loss)	-	0.04	10.61	-4.3	-8.22
Other Non Operating Income (Expenses)	-15.16	-3.86	-4.77	0.72	-21.15
EBT Excluding Unusual Items	254.47	140.68	80.57	139.13	55.58
Gain (Loss) on Sale of Investments	-0.12	-13.56	-17.6	-6.55	192.15
Gain (Loss) on Sale of Assets	-4.07	-1.24	-1.58	-3.56	-1.61
Asset Writedown	-14.47	-2.48	-12.96	-2.85	-31.85
Other Unusual Items	-	10.44	8.48	11.13	24.69
Pretax Income	235.8	133.84	56.9	137.29	238.95
Income Tax Expense	32.99	19.94	-4.95	14.07	50.85
Earnings From Continuing Operations	202.81	113.9	61.85	123.22	188.1
Minority Interest in Earnings	-0.91	6.73	19.99	2.91	12.51
Net Income	201.9	120.63	81.85	126.13	200.6
Net Income to Common	201.9	120.63	81.85	126.13	200.6
Net Income Growth	67.37%	47.38%	-35.11%	-37.12%	268.08%
Shares Outstanding (Basic)	358	358	358	358	358
Shares Outstanding (Diluted)	358	358	358	358	358
Shares Change (YoY)	0.01%	-0.03%	0.01%	-0.00%	-0.02%
EPS (Basic)	0.56	0.34	0.23	0.35	0.56
EPS (Diluted)	0.56	0.34	0.23	0.35	0.56
EPS Growth	67.36%	47.42%	-35.11%	-37.12%	268.13%
Free Cash Flow	109.63	130.94	221.02	35.55	218.45
Free Cash Flow Per Share	0.31	0.37	0.62	0.10	0.61
Dividend Per Share	-	0.110	-	-	-
Gross Margin	33.38%	31.55%	29.46%	32.26%	33.97%
Operating Margin	10.24%	7.44%	4.40%	7.60%	8.10%
Profit Margin	7.68%	5.87%	3.88%	5.58%	12.62%
Free Cash Flow Margin	4.17%	6.38%	10.46%	1.57%	13.74%
EBITDA	355.72	229.32	174.85	248.22	211.94
EBITDA Margin	13.53%	11.17%	8.28%	10.97%	13.33%
D&A For EBITDA	86.53	76.45	82.02	76.38	83.15
EBIT	269.19	152.87	92.83	171.83	128.79
EBIT Margin	10.24%	7.44%	4.40%	7.60%	8.10%
Effective Tax Rate	13.99%	14.90%	-	10.25%	21.28%
Revenue as Reported	-	2,054	2,112	2,262	1,590
Advertising Expenses	-	46.83	63.64	73.61	23.04

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