North Chemical Industries Co., Ltd. (SHE:002246)

North Chemical Industries 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	Jan 1, 2022	Dec 31, 2020
Operating Revenue	2,158	1,940	2,152	2,552	2,626	2,355
Other Revenue	7	7.08	7.67	6.94	7.64	3.48
Revenue	2,165	1,947	2,159	2,559	2,633	2,359
Revenue Growth (YoY)	3.04%	-9.83%	-15.61%	-2.84%	11.66%	-4.15%
Cost of Revenue	1,709	1,600	1,710	2,091	2,132	1,906
Gross Profit	456.01	347.33	449.64	467.23	501.86	452.52
Selling, General & Admin	319.53	317.43	339.33	309.33	287.92	289.66
Research & Development	122.4	115.55	83.1	117.19	110.36	94.21
Other Operating Expenses	32.56	15.07	17.51	16.3	15.84	12.31
Operating Expenses	493.59	455.68	461.95	439.33	415.58	395.34
Operating Income	-37.57	-108.34	-12.32	27.89	86.28	57.18
Interest Expense	-3.73	-4.07	-3.61	-4.68	-3.33	-
Interest & Investment Income	30.85	32.12	36.66	35.34	37.1	24.93
Currency Exchange Gain (Loss)	2.83	6.23	3.67	16.33	-1.65	-4.82
Other Non Operating Income (Expenses)	-10.65	-0.7	-0.62	-0.66	-0.57	-0.14
EBT Excluding Unusual Items	-18.28	-74.78	23.79	74.22	117.83	77.15
Gain (Loss) on Sale of Investments	2.77	0.87	-	-	-	-
Gain (Loss) on Sale of Assets	11.76	11.91	-1.44	-2.55	1.66	-0.41
Asset Writedown	-2.26	-2.64	-1.93	-0.02	-45.14	-5.78
Other Unusual Items	53.16	31.07	28.36	23.52	33.33	26.41
Pretax Income	47.15	-33.57	48.78	95.16	107.69	97.36
Income Tax Expense	11.64	1.89	-3.65	6.03	11.52	15.77
Earnings From Continuing Operations	35.52	-35.45	52.43	89.13	96.17	81.6
Minority Interest in Earnings	8.24	7.15	3.08	4.14	25.36	8.58
Net Income	43.76	-28.31	55.51	93.27	121.53	90.18
Net Income to Common	43.76	-28.31	55.51	93.27	121.53	90.18
Net Income Growth	-7.54%	-	-40.48%	-23.26%	34.77%	-33.98%
Shares Outstanding (Basic)	558	566	555	549	552	564
Shares Outstanding (Diluted)	558	566	555	549	552	564
Shares Change (YoY)	-3.14%	1.98%	1.19%	-0.69%	-1.99%	3.16%
EPS (Basic)	0.08	-0.05	0.10	0.17	0.22	0.16
EPS (Diluted)	0.08	-0.05	0.10	0.17	0.22	0.16
EPS Growth	-4.55%	-	-41.18%	-22.73%	37.50%	-36.00%
Free Cash Flow	127.11	21.37	-162.18	-27.89	61.78	336.6
Free Cash Flow Per Share	0.23	0.04	-0.29	-0.05	0.11	0.60
Dividend Per Share	0.020	0.040	0.050	0.050	0.045	0.040
Dividend Growth	-71.43%	-20.00%	-	11.11%	12.50%	-27.27%
Gross Margin	21.07%	17.84%	20.82%	18.26%	19.06%	19.19%
Operating Margin	-1.74%	-5.56%	-0.57%	1.09%	3.28%	2.42%
Profit Margin	2.02%	-1.45%	2.57%	3.65%	4.61%	3.82%
Free Cash Flow Margin	5.87%	1.10%	-7.51%	-1.09%	2.35%	14.27%
EBITDA	70.07	3.94	92.91	121.43	183.58	152.49
EBITDA Margin	3.24%	0.20%	4.30%	4.75%	6.97%	6.46%
D&A For EBITDA	107.65	112.29	105.22	93.54	97.3	95.32
EBIT	-37.57	-108.34	-12.32	27.89	86.28	57.18
EBIT Margin	-1.74%	-5.56%	-0.57%	1.09%	3.28%	2.42%
Effective Tax Rate	24.68%	-	-	6.33%	10.69%	16.20%
Revenue as Reported	2,165	1,947	2,159	2,559	2,633	2,359

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