Xiangtan Electrochemical Scientific Co.,Ltd (SHE:002125)

SHE:002125 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	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,905	1,882	2,128	1,928	1,410	1,096
Other Revenue	48.04	30.39	35.15	171.99	461.19	138.57
Revenue	1,953	1,912	2,163	2,100	1,872	1,234
Revenue Growth (YoY)	-3.06%	-11.60%	3.01%	12.22%	51.64%	1.99%
Cost of Revenue	1,461	1,405	1,706	1,559	1,506	992.76
Gross Profit	491.97	507.81	457.58	540.91	365.92	241.41
Selling, General & Admin	142.53	131.46	115.57	166.5	100.26	115.45
Research & Development	84.22	70.37	63.18	58.71	32.39	17.54
Other Operating Expenses	16.56	16.24	11.93	15.48	17.53	8.12
Operating Expenses	219.8	181.71	153.77	320.65	181.5	144.85
Operating Income	272.17	326.1	303.8	220.25	184.42	96.56
Interest Expense	-32.05	-38.19	-51.29	-60.6	-64.91	-77.79
Interest & Investment Income	64.46	54.5	105.5	253.21	105.25	8.91
Currency Exchange Gain (Loss)	2.17	4.06	3	13.7	-4.95	-5.21
Other Non Operating Income (Expenses)	1.04	-0.21	-0.3	-2.94	-3.09	-1.94
EBT Excluding Unusual Items	307.79	346.25	360.72	423.63	216.7	20.52
Gain (Loss) on Sale of Assets	0.12	0.12	19.41	-0.01	187.09	-0.08
Asset Writedown	7.05	6.91	0.22	-5.41	-119.66	-1.51
Other Unusual Items	4.66	2.65	5.7	9.4	6.51	6.31
Pretax Income	319.62	355.94	386.04	427.61	290.65	25.23
Income Tax Expense	44.56	50.91	45.79	24.1	36.11	0.64
Earnings From Continuing Operations	275.06	305.03	340.25	403.51	254.53	24.59
Minority Interest in Earnings	11.92	9.98	12.08	-9.29	-16.77	0.7
Net Income	286.98	315.01	352.33	394.22	237.76	25.3
Net Income to Common	286.98	315.01	352.33	394.22	237.76	25.3
Net Income Growth	-19.95%	-10.59%	-10.63%	65.81%	839.82%	-62.79%
Shares Outstanding (Basic)	624	630	629	626	626	632
Shares Outstanding (Diluted)	624	630	629	626	626	632
Shares Change (YoY)	-0.72%	0.14%	0.55%	0.01%	-1.07%	11.63%
EPS (Basic)	0.46	0.50	0.56	0.63	0.38	0.04
EPS (Diluted)	0.46	0.50	0.56	0.63	0.38	0.04
EPS Growth	-19.37%	-10.71%	-11.11%	65.79%	850.00%	-66.67%
Free Cash Flow	140.56	286.18	295.33	55.53	-159.93	-188.1
Free Cash Flow Per Share	0.23	0.45	0.47	0.09	-0.26	-0.30
Dividend Per Share	0.160	0.160	0.168	0.126	0.050	0.020
Dividend Growth	-4.76%	-4.76%	33.33%	152.00%	150.00%	-
Gross Margin	25.18%	26.55%	21.15%	25.75%	19.55%	19.56%
Operating Margin	13.93%	17.05%	14.04%	10.49%	9.85%	7.82%
Profit Margin	14.69%	16.47%	16.29%	18.77%	12.70%	2.05%
Free Cash Flow Margin	7.20%	14.96%	13.65%	2.64%	-8.55%	-15.24%
EBITDA	473.74	525.22	499.77	391.28	339.19	248.47
EBITDA Margin	24.25%	27.46%	23.10%	18.63%	18.12%	20.13%
D&A For EBITDA	201.57	199.12	195.97	171.03	154.77	151.92
EBIT	272.17	326.1	303.8	220.25	184.42	96.56
EBIT Margin	13.93%	17.05%	14.04%	10.49%	9.85%	7.82%
Effective Tax Rate	13.94%	14.30%	11.86%	5.64%	12.43%	2.53%
Revenue as Reported	1,953	1,912	2,163	2,100	1,872	1,234

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