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

SHE:002098 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	2,711	2,593	2,022	2,080	2,229	1,568
Other Revenue	35.13	35.13	32	32.5	32.33	22.04
Revenue	2,746	2,629	2,054	2,112	2,262	1,590
Revenue Growth (YoY)	28.11%	27.98%	-2.78%	-6.60%	42.25%	-17.16%
Cost of Revenue	1,869	1,790	1,407	1,490	1,532	1,050
Gross Profit	877.11	838.87	646.49	622.34	729.66	540.15
Selling, General & Admin	511.47	488.73	390.81	430.84	458.9	343.46
Research & Development	89.61	87.66	85.85	76.46	69.35	46.02
Other Operating Expenses	14.63	13.85	11.99	16.87	18.5	13.92
Operating Expenses	622.83	595.68	493.62	529.51	557.83	411.36
Operating Income	254.29	243.19	152.87	92.83	171.83	128.79
Interest Expense	-8.55	-8.91	-11.64	-21.97	-34.92	-51.8
Interest & Investment Income	3.31	3.2	3.27	3.87	5.8	7.96
Currency Exchange Gain (Loss)	3.59	3.59	0.04	10.61	-4.3	-8.22
Other Non Operating Income (Expenses)	0.31	-3.27	-3.86	-4.77	0.72	-21.15
EBT Excluding Unusual Items	252.95	237.8	140.68	80.57	139.13	55.58
Gain (Loss) on Sale of Investments	-0.12	-0.12	-13.56	-17.6	-6.55	192.15
Gain (Loss) on Sale of Assets	-4.09	-4.07	-1.24	-1.58	-3.56	-1.61
Asset Writedown	-3.88	-3.88	-2.48	-12.96	-2.85	-31.85
Other Unusual Items	7.88	6.08	10.44	8.48	11.13	24.69
Pretax Income	252.74	235.8	133.84	56.9	137.29	238.95
Income Tax Expense	35.35	32.99	19.94	-4.95	14.07	50.85
Earnings From Continuing Operations	217.4	202.81	113.9	61.85	123.22	188.1
Minority Interest in Earnings	-0.29	-0.91	6.73	19.99	2.91	12.51
Net Income	217.1	201.9	120.63	81.85	126.13	200.6
Net Income to Common	217.1	201.9	120.63	81.85	126.13	200.6
Net Income Growth	54.33%	67.37%	47.38%	-35.11%	-37.12%	268.08%
Shares Outstanding (Basic)	358	358	358	358	358	358
Shares Outstanding (Diluted)	358	358	358	358	358	358
Shares Change (YoY)	0.00%	0.01%	-0.03%	0.01%	-0.00%	-0.02%
EPS (Basic)	0.61	0.56	0.34	0.23	0.35	0.56
EPS (Diluted)	0.61	0.56	0.34	0.23	0.35	0.56
EPS Growth	54.33%	67.36%	47.42%	-35.11%	-37.12%	268.13%
Free Cash Flow	108.08	109.63	130.94	221.02	35.55	218.45
Free Cash Flow Per Share	0.30	0.31	0.37	0.62	0.10	0.61
Dividend Per Share	0.100	0.100	0.110	-	-	-
Dividend Growth	-9.09%	-9.09%	-	-	-	-
Gross Margin	31.94%	31.91%	31.48%	29.46%	32.26%	33.97%
Operating Margin	9.26%	9.25%	7.44%	4.40%	7.60%	8.10%
Profit Margin	7.91%	7.68%	5.87%	3.88%	5.58%	12.62%
Free Cash Flow Margin	3.94%	4.17%	6.38%	10.46%	1.57%	13.74%
EBITDA	337.77	326.05	233.24	174.85	248.22	211.94
EBITDA Margin	12.30%	12.40%	11.36%	8.28%	10.97%	13.33%
D&A For EBITDA	83.49	82.86	80.37	82.02	76.38	83.15
EBIT	254.29	243.19	152.87	92.83	171.83	128.79
EBIT Margin	9.26%	9.25%	7.44%	4.40%	7.60%	8.10%
Effective Tax Rate	13.98%	13.99%	14.90%	-	10.25%	21.28%
Revenue as Reported	2,746	2,629	2,054	2,112	2,262	1,590
Advertising Expenses	-	56.93	46.83	63.64	73.61	23.04

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