Rongsheng Petrochemical Co., Ltd. (SHE: 002493)

Rongsheng Petrochemical 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	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Operating Revenue	330,311	324,162	287,950	182,401	106,963	82,245
Other Revenue	950.11	950.11	1,145	674.26	301.96	254.53
Revenue	331,261	325,112	289,095	183,075	107,265	82,500
Revenue Growth (YoY)	9.32%	12.46%	57.91%	70.68%	30.02%	-9.76%
Cost of Revenue	292,392	287,880	258,123	135,111	86,164	76,906
Gross Profit	38,869	37,231	30,971	47,964	21,101	5,594
Selling, General & Admin	1,275	1,069	990.68	837.7	588.72	1,166
Research & Development	4,162	6,555	4,367	3,915	1,964	980.84
Other Operating Expenses	21,287	20,419	17,010	8,833	2,466	329.5
Operating Expenses	26,908	28,149	22,383	13,661	5,009	2,477
Operating Income	11,961	9,082	8,589	34,303	16,092	3,117
Interest Expense	-7,111	-7,352	-4,578	-3,597	-3,303	-823.7
Interest & Investment Income	800.15	922.23	1,045	920.01	2,004	1,053
Currency Exchange Gain (Loss)	-988.18	-988.18	-1,515	633.28	1,785	-134.67
Other Non Operating Income (Expenses)	-157.07	-323.87	-289.03	-243.44	-189.24	-131.15
EBT Excluding Unusual Items	4,505	1,340	3,252	32,016	16,390	3,081
Gain (Loss) on Sale of Investments	-267.78	155.89	10.73	146.94	112.96	61.54
Gain (Loss) on Sale of Assets	5	3.71	3.89	12.39	1.85	1.89
Asset Writedown	56.55	-0.16	-0.1	-1.82	-	-0.12
Other Unusual Items	10.56	52.75	2,353	130.6	178.52	-
Pretax Income	4,309	1,553	5,619	32,304	16,683	3,144
Income Tax Expense	969.56	-50.58	-751.25	7,852	3,311	187.44
Earnings From Continuing Operations	3,339	1,603	6,370	24,452	13,372	2,957
Minority Interest in Earnings	-1,412	-445.02	-3,030	-11,216	-6,063	-749.81
Net Income	1,927	1,158	3,341	13,236	7,309	2,207
Net Income to Common	1,927	1,158	3,341	13,236	7,309	2,207
Net Income Growth	-	-65.33%	-74.76%	81.10%	231.17%	37.28%
Shares Outstanding (Basic)	9,046	9,810	10,123	10,104	9,745	9,459
Shares Outstanding (Diluted)	9,046	9,810	10,123	10,104	9,745	9,459
Shares Change (YoY)	-14.85%	-3.09%	0.19%	3.68%	3.02%	5.92%
EPS (Basic)	0.21	0.12	0.33	1.31	0.75	0.23
EPS (Diluted)	0.21	0.12	0.33	1.31	0.75	0.23
EPS Growth	-	-64.23%	-74.81%	74.67%	221.47%	29.61%
Free Cash Flow	14,467	-4,564	-10,400	-24,682	-38,339	-38,938
Free Cash Flow Per Share	1.60	-0.47	-1.03	-2.44	-3.93	-4.12
Dividend Per Share	0.100	0.100	0.150	0.150	0.100	0.080
Dividend Growth	-33.33%	-33.33%	0%	50.00%	25.00%	19.94%
Gross Margin	11.73%	11.45%	10.71%	26.20%	19.67%	6.78%
Operating Margin	3.61%	2.79%	2.97%	18.74%	15.00%	3.78%
Profit Margin	0.58%	0.36%	1.16%	7.23%	6.81%	2.68%
Free Cash Flow Margin	4.37%	-1.40%	-3.60%	-13.48%	-35.74%	-47.20%
EBITDA	29,213	23,772	19,860	41,199	21,427	4,905
EBITDA Margin	8.82%	7.31%	6.87%	22.50%	19.98%	5.95%
D&A For EBITDA	17,253	14,689	11,272	6,895	5,335	1,788
EBIT	11,961	9,082	8,589	34,303	16,092	3,117
EBIT Margin	3.61%	2.79%	2.97%	18.74%	15.00%	3.78%
Effective Tax Rate	22.50%	-	-	24.31%	19.85%	5.96%
Revenue as Reported	331,261	325,112	289,095	183,075	107,265	82,500

Source: S&P Capital IQ. Standard template. Financial Sources.