Shandong Polymer Biochemicals Co., Ltd. (SHE:002476)

SHE:002476 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	530.15	536.9	385.16	590.28	529.73	446.31
Other Revenue	1.76	1.76	2.17	2.01	127.43	1.01
Revenue	531.91	538.66	387.34	592.28	657.16	447.31
Revenue Growth (YoY)	25.65%	39.07%	-34.60%	-9.87%	46.91%	7.30%
Cost of Revenue	434.78	441.45	322.27	463.09	557.07	363.91
Gross Profit	97.13	97.21	65.07	129.19	100.09	83.41
Selling, General & Admin	57.22	58.71	68.26	71.92	51.87	37.57
Research & Development	20.92	20.39	17.98	25.49	22.4	17.92
Other Operating Expenses	1.1	0.83	4.37	5.14	4.26	3.35
Operating Expenses	78.48	81.08	83.88	104.37	80.41	58.71
Operating Income	18.65	16.13	-18.81	24.82	19.68	24.69
Interest Expense	-1.1	-0.93	-0.64	-0.48	-4.75	-9.73
Interest & Investment Income	53.92	50.13	6.05	6.68	5.38	5.57
Currency Exchange Gain (Loss)	1.01	1.01	1.68	5.06	-0.6	-2.26
Other Non Operating Income (Expenses)	-11.22	-11.23	-2.8	-0.14	-0.49	0.07
EBT Excluding Unusual Items	61.25	55.11	-14.51	35.94	19.23	18.34
Gain (Loss) on Sale of Investments	0.25	-	-1.33	-8.02	-2.59	-1.64
Gain (Loss) on Sale of Assets	0.73	0.73	25.22	1.11	-0.14	0.02
Asset Writedown	-1.01	-0.71	-	-	-0.32	-0.06
Other Unusual Items	7.5	6.64	1.26	2.04	1.52	0.4
Pretax Income	68.72	61.78	10.64	31.08	17.7	17.05
Income Tax Expense	5.41	5.38	5.4	1.37	-0.25	3.87
Earnings From Continuing Operations	63.31	56.39	5.23	29.7	17.95	13.18
Net Income	63.31	56.39	5.23	29.7	17.95	13.18
Net Income to Common	63.31	56.39	5.23	29.7	17.95	13.18
Net Income Growth	303.66%	977.59%	-82.38%	65.49%	36.15%	-85.55%
Shares Outstanding (Basic)	613	612	609	612	613	613
Shares Outstanding (Diluted)	613	612	609	612	613	613
Shares Change (YoY)	0.80%	0.62%	-0.64%	-0.02%	-0.10%	0.19%
EPS (Basic)	0.10	0.09	0.01	0.05	0.03	0.02
EPS (Diluted)	0.10	0.09	0.01	0.05	0.03	0.02
EPS Growth	300.48%	970.93%	-82.27%	65.53%	36.28%	-85.58%
Free Cash Flow	34.6	24.59	114	-93.18	-54.04	14.85
Free Cash Flow Per Share	0.06	0.04	0.19	-0.15	-0.09	0.02
Dividend Per Share	0.010	0.010	0.010	-	-	-
Gross Margin	18.26%	18.05%	16.80%	21.81%	15.23%	18.65%
Operating Margin	3.50%	3.00%	-4.86%	4.19%	3.00%	5.52%
Profit Margin	11.90%	10.47%	1.35%	5.01%	2.73%	2.95%
Free Cash Flow Margin	6.50%	4.57%	29.43%	-15.73%	-8.22%	3.32%
EBITDA	38.15	36.29	3.98	57.91	53.19	65.31
EBITDA Margin	7.17%	6.74%	1.03%	9.78%	8.09%	14.60%
D&A For EBITDA	19.5	20.16	22.79	33.09	33.51	40.61
EBIT	18.65	16.13	-18.81	24.82	19.68	24.69
EBIT Margin	3.50%	3.00%	-4.86%	4.19%	3.00%	5.52%
Effective Tax Rate	7.88%	8.71%	50.80%	4.42%	-	22.68%
Revenue as Reported	531.91	538.66	387.34	592.28	657.16	447.31
Advertising Expenses	-	0.29	2.65	2.47	-	-

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