Hunan Boyun New Materials Co.,Ltd (SHE:002297)

SHE:002297 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	894.49	692.63	567.28	535.06	462.54	331.7
Other Revenue	19.94	19.94	23.78	22.35	16	13.41
Revenue	914.43	712.57	591.06	557.42	478.54	345.12
Revenue Growth (YoY)	57.39%	20.56%	6.04%	16.48%	38.66%	-1.23%
Cost of Revenue	723.73	598.25	446.53	409.13	337.66	258.41
Gross Profit	190.7	114.32	144.53	148.28	140.88	86.71
Selling, General & Admin	96.55	89.04	73.63	72.88	78.94	60.64
Research & Development	58.45	49.25	47.09	42.12	40.01	33.56
Other Operating Expenses	26.17	5.54	5.39	8.83	7.84	7.88
Operating Expenses	205.54	151.11	123.34	132.61	124.03	106.29
Operating Income	-14.83	-36.8	21.19	15.68	16.85	-19.58
Interest Expense	-10.7	-10.08	-4.97	-2.88	-9.49	-10.87
Interest & Investment Income	6.51	7.27	8.15	9.59	5.95	2.36
Currency Exchange Gain (Loss)	-0.83	-0.83	0.12	3.05	-0.95	-1.36
Other Non Operating Income (Expenses)	17.78	-0.27	0.38	-1.05	0.98	-1.75
EBT Excluding Unusual Items	-2.08	-40.72	24.87	24.39	13.34	-31.2
Gain (Loss) on Sale of Investments	-4.46	-13.07	-14.33	-21.09	-10.29	-8.47
Gain (Loss) on Sale of Assets	-4.78	-4.85	1.46	0	0.86	1.25
Asset Writedown	-20.84	-20.96	-1.53	-1.26	-0.09	-0.02
Other Unusual Items	3.65	3.65	24.16	27.67	22.75	81.85
Pretax Income	-28.5	-75.94	34.64	29.7	26.57	43.42
Income Tax Expense	-6.86	-7.27	5.34	5.39	4.85	11.79
Earnings From Continuing Operations	-21.64	-68.67	29.3	24.32	21.72	31.63
Net Income to Company	-21.64	-68.67	29.3	24.32	21.72	31.63
Minority Interest in Earnings	1.29	1.44	-0.02	-0.37	-2.82	-9.13
Net Income	-20.35	-67.23	29.28	23.95	18.9	22.5
Net Income to Common	-20.35	-67.23	29.28	23.95	18.9	22.5
Net Income Growth	-	-	22.24%	26.70%	-15.97%	-
Shares Outstanding (Basic)	573	573	573	573	514	472
Shares Outstanding (Diluted)	573	573	573	573	514	472
Shares Change (YoY)	0.01%	0.04%	-0.01%	11.54%	8.91%	0.07%
EPS (Basic)	-0.04	-0.12	0.05	0.04	0.04	0.05
EPS (Diluted)	-0.04	-0.12	0.05	0.04	0.04	0.05
EPS Growth	-	-	22.25%	13.59%	-22.85%	-
Free Cash Flow	-46.74	-61.51	-179.31	-119.01	-104.65	-125.6
Free Cash Flow Per Share	-0.08	-0.11	-0.31	-0.21	-0.20	-0.27
Gross Margin	20.86%	16.04%	24.45%	26.60%	29.44%	25.12%
Operating Margin	-1.62%	-5.16%	3.58%	2.81%	3.52%	-5.67%
Profit Margin	-2.23%	-9.44%	4.95%	4.30%	3.95%	6.52%
Free Cash Flow Margin	-5.11%	-8.63%	-30.34%	-21.35%	-21.87%	-36.39%
EBITDA	48.27	29.07	90.73	82.23	79.83	40.92
EBITDA Margin	5.28%	4.08%	15.35%	14.75%	16.68%	11.86%
D&A For EBITDA	63.1	65.86	69.55	66.55	62.98	60.5
EBIT	-14.83	-36.8	21.19	15.68	16.85	-19.58
EBIT Margin	-1.62%	-5.16%	3.58%	2.81%	3.52%	-5.67%
Effective Tax Rate	-	-	15.42%	18.13%	18.25%	27.15%
Revenue as Reported	914.43	712.57	591.06	557.42	478.54	345.12
Advertising Expenses	-	2.34	2.68	2.18	1.17	1.14

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