Anhui Shenjian New Materials Co.,Ltd (SHE:002361)

SHE:002361 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	2,377	2,359	2,494	2,426	2,539	1,851
Other Revenue	59.1	59.1	76.73	90.35	51.82	18.21
Revenue	2,436	2,418	2,571	2,516	2,591	1,869
Revenue Growth (YoY)	-3.71%	-5.97%	2.18%	-2.90%	38.62%	-10.07%
Cost of Revenue	2,089	2,075	2,252	2,218	2,204	1,540
Gross Profit	347.02	342.32	319.25	298.37	387.29	329.7
Selling, General & Admin	130.34	130.55	132.52	113.94	107.89	87.2
Research & Development	129.18	125.84	120.39	125.16	118.86	99.34
Other Operating Expenses	6.02	6.44	9.6	14.54	14.32	13.89
Operating Expenses	293.39	299.69	292.62	279.94	264.29	212.99
Operating Income	53.63	42.63	26.63	18.43	122.99	116.71
Interest Expense	-35.64	-37.95	-43.21	-40.38	-47.73	-37.52
Interest & Investment Income	8.07	9.42	9.46	9.99	3.82	5.16
Currency Exchange Gain (Loss)	3.06	3.06	9.47	17.78	-6.68	1.67
Other Non Operating Income (Expenses)	2.32	-1.13	-1.02	-0.99	-3.41	-3.75
EBT Excluding Unusual Items	31.43	16.02	1.33	4.81	68.99	82.26
Gain (Loss) on Sale of Investments	0.03	0.03	-	-	-	-16.43
Gain (Loss) on Sale of Assets	-0.16	-0.28	0.07	-0.24	-0.02	0.02
Asset Writedown	-14.18	-7.09	-0.85	-0.01	-0.02	0.03
Other Unusual Items	14.46	14.46	8.52	15.83	14.51	26.99
Pretax Income	31.57	23.14	9.07	20.39	83.46	92.87
Income Tax Expense	6.86	3.1	-9.69	-1.82	3.53	8
Earnings From Continuing Operations	24.71	20.03	18.75	22.21	79.93	84.87
Minority Interest in Earnings	13.64	13.62	6.68	4.72	4.38	-1.15
Net Income	38.35	33.65	25.44	26.93	84.31	83.72
Net Income to Common	38.35	33.65	25.44	26.93	84.31	83.72
Net Income Growth	47.04%	32.29%	-5.53%	-68.06%	0.70%	-33.12%
Shares Outstanding (Basic)	949	951	953	952	843	837
Shares Outstanding (Diluted)	949	951	953	952	843	837
Shares Change (YoY)	-0.65%	-0.22%	0.13%	12.86%	0.70%	0.32%
EPS (Basic)	0.04	0.04	0.03	0.03	0.10	0.10
EPS (Diluted)	0.04	0.04	0.03	0.03	0.10	0.10
EPS Growth	48.01%	32.58%	-5.65%	-71.70%	-	-33.33%
Free Cash Flow	16.69	125.35	-8.06	-156.86	-260.45	-47.17
Free Cash Flow Per Share	0.02	0.13	-0.01	-0.17	-0.31	-0.06
Dividend Per Share	0.050	0.050	0.100	0.100	0.100	0.100
Dividend Growth	-50.00%	-50.00%	-	-	-	-
Gross Margin	14.25%	14.16%	12.42%	11.86%	14.95%	17.64%
Operating Margin	2.20%	1.76%	1.04%	0.73%	4.75%	6.24%
Profit Margin	1.57%	1.39%	0.99%	1.07%	3.25%	4.48%
Free Cash Flow Margin	0.69%	5.18%	-0.31%	-6.23%	-10.05%	-2.52%
EBITDA	178.99	162.53	124.72	121.62	230.21	197.74
EBITDA Margin	7.35%	6.72%	4.85%	4.83%	8.88%	10.58%
D&A For EBITDA	125.35	119.9	98.09	103.19	107.22	81.03
EBIT	53.63	42.63	26.63	18.43	122.99	116.71
EBIT Margin	2.20%	1.76%	1.04%	0.73%	4.75%	6.24%
Effective Tax Rate	21.72%	13.42%	-	-	4.23%	8.62%
Revenue as Reported	2,436	2,418	2,571	2,516	2,591	1,869

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