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

SHE:002125 Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	1,918	2,128	1,928	1,410	1,096	1,100
Other Revenue	35.15	35.15	171.99	461.19	138.57	109.73
Revenue	1,953	2,163	2,100	1,872	1,234	1,210
Revenue Growth (YoY)	-16.94%	3.01%	12.22%	51.64%	1.99%	12.14%
Cost of Revenue	1,408	1,706	1,559	1,506	992.76	919.5
Gross Profit	545.16	457.58	540.91	365.92	241.41	290.54
Selling, General & Admin	115.22	115.57	166.5	100.26	115.45	124.62
Research & Development	63.72	63.18	58.71	32.39	17.54	11.65
Other Operating Expenses	13.7	11.93	15.48	17.53	8.12	10.87
Operating Expenses	149.77	153.77	320.65	181.5	144.85	147.19
Operating Income	395.39	303.8	220.25	184.42	96.56	143.35
Interest Expense	-40.92	-49.61	-60.6	-64.91	-77.79	-73.65
Interest & Investment Income	39.78	105.5	253.21	105.25	8.91	7.43
Currency Exchange Gain (Loss)	3	3	13.7	-4.95	-5.21	2.3
Other Non Operating Income (Expenses)	-6.68	-1.97	-2.94	-3.09	-1.94	-2.26
EBT Excluding Unusual Items	390.56	360.72	423.63	216.7	20.52	77.17
Gain (Loss) on Sale of Assets	8.03	19.41	-0.01	187.09	-0.08	0.1
Asset Writedown	7.86	0.22	-5.41	-119.66	-1.51	-5.27
Other Unusual Items	4.58	5.7	9.4	6.51	6.31	4.32
Pretax Income	411.04	386.04	427.61	290.65	25.23	76.32
Income Tax Expense	57.58	45.79	24.1	36.11	0.64	6.01
Earnings From Continuing Operations	353.45	340.25	403.51	254.53	24.59	70.31
Minority Interest in Earnings	4.41	12.08	-9.29	-16.77	0.7	-2.32
Net Income	357.86	352.33	394.22	237.76	25.3	67.99
Net Income to Common	357.86	352.33	394.22	237.76	25.3	67.99
Net Income Growth	27.80%	-10.63%	65.81%	839.82%	-62.79%	-3.88%
Shares Outstanding (Basic)	628	629	626	626	632	567
Shares Outstanding (Diluted)	628	629	626	626	632	567
Shares Change (YoY)	0.56%	0.55%	0.01%	-1.07%	11.63%	4.13%
EPS (Basic)	0.57	0.56	0.63	0.38	0.04	0.12
EPS (Diluted)	0.57	0.56	0.63	0.38	0.04	0.12
EPS Growth	27.08%	-11.11%	65.79%	850.00%	-66.67%	-7.69%
Free Cash Flow	329.99	295.33	55.53	-159.93	-188.1	-128.54
Free Cash Flow Per Share	0.53	0.47	0.09	-0.26	-0.30	-0.23
Dividend Per Share	0.168	0.168	0.126	0.050	0.020	-
Dividend Growth	33.33%	33.33%	152.00%	150.00%	-	-
Gross Margin	27.91%	21.15%	25.75%	19.55%	19.56%	24.01%
Operating Margin	20.24%	14.04%	10.49%	9.85%	7.82%	11.85%
Profit Margin	18.32%	16.29%	18.77%	12.70%	2.05%	5.62%
Free Cash Flow Margin	16.90%	13.65%	2.64%	-8.55%	-15.24%	-10.62%
EBITDA	609.22	499.29	391.28	339.19	248.47	283.62
EBITDA Margin	31.19%	23.08%	18.63%	18.12%	20.13%	23.44%
D&A For EBITDA	213.83	195.49	171.03	154.77	151.92	140.27
EBIT	395.39	303.8	220.25	184.42	96.56	143.35
EBIT Margin	20.24%	14.04%	10.49%	9.85%	7.82%	11.85%
Effective Tax Rate	14.01%	11.86%	5.64%	12.43%	2.53%	7.87%
Revenue as Reported	1,953	2,163	2,100	1,872	1,234	1,210

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