Luoyang Northglass Technology Co.,Ltd (SHE:002613)

SHE:002613 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	1,570	1,599	1,623	1,468	1,699	1,041
Other Revenue	34.7	34.7	32.53	27.98	-	24.28
Revenue	1,605	1,634	1,655	1,496	1,699	1,065
Revenue Growth (YoY)	-4.93%	-1.28%	10.62%	-11.94%	59.48%	-2.68%
Cost of Revenue	1,215	1,214	1,220	1,191	1,385	867.06
Gross Profit	389.77	419.69	435.12	304.84	314.36	198.28
Selling, General & Admin	235.12	232.29	201.1	173.11	155.58	123.63
Research & Development	108.46	116.99	125.35	100.82	106.69	64.26
Other Operating Expenses	11.81	6.81	17.93	13.57	12.36	10.63
Operating Expenses	362.84	365.53	352.44	291.78	275.45	194.88
Operating Income	26.93	54.16	82.68	13.07	38.91	3.4
Interest Expense	-0.68	-0.11	-0.1	-0.07	-0.08	-0.8
Interest & Investment Income	5.01	5.18	5.89	7.1	9.77	15.16
Currency Exchange Gain (Loss)	0.28	0.28	0.33	7.18	0.86	-10.23
Other Non Operating Income (Expenses)	1.59	-1.16	-0.42	-0.48	-0.98	-1.81
EBT Excluding Unusual Items	33.12	58.35	88.37	26.8	48.48	5.72
Impairment of Goodwill	-0.89	-0.89	-	-	-	-
Gain (Loss) on Sale of Investments	2.89	1.28	2.56	7.21	8.65	-6.22
Gain (Loss) on Sale of Assets	-0.06	0.3	-0.02	0.02	0.42	-0.86
Asset Writedown	0.6	-0.37	-0.27	-0.4	-0.33	-0.03
Other Unusual Items	9.68	9.54	7.43	6.82	9.99	22.16
Pretax Income	45.34	68.21	98.08	40.46	67.22	20.76
Income Tax Expense	11.17	10.66	10.3	0.64	7.57	10.97
Earnings From Continuing Operations	34.17	57.55	87.78	39.81	59.65	9.8
Minority Interest in Earnings	4.69	2.89	-5.11	-4.28	-4.75	3.83
Net Income	38.86	60.44	82.67	35.53	54.9	13.63
Net Income to Common	38.86	60.44	82.67	35.53	54.9	13.63
Net Income Growth	-60.09%	-26.89%	132.68%	-35.29%	302.76%	-48.81%
Shares Outstanding (Basic)	1,004	964	937	937	937	940
Shares Outstanding (Diluted)	1,004	964	937	937	937	940
Shares Change (YoY)	7.19%	2.85%	-0.01%	0.05%	-0.34%	0.27%
EPS (Basic)	0.04	0.06	0.09	0.04	0.06	0.01
EPS (Diluted)	0.04	0.06	0.09	0.04	0.06	0.01
EPS Growth	-62.76%	-28.91%	132.72%	-35.32%	304.14%	-48.94%
Free Cash Flow	-43.84	108.11	13.86	-129.78	-91.18	-33.08
Free Cash Flow Per Share	-0.04	0.11	0.01	-0.14	-0.10	-0.04
Dividend Per Share	0.030	0.030	0.065	-	-	0.035
Dividend Growth	-53.85%	-53.85%	-	-	-	-
Gross Margin	24.28%	25.69%	26.29%	20.38%	18.50%	18.61%
Operating Margin	1.68%	3.31%	5.00%	0.87%	2.29%	0.32%
Profit Margin	2.42%	3.70%	5.00%	2.38%	3.23%	1.28%
Free Cash Flow Margin	-2.73%	6.62%	0.84%	-8.67%	-5.37%	-3.10%
EBITDA	91.65	119.09	148.48	74.18	104.15	64.52
EBITDA Margin	5.71%	7.29%	8.97%	4.96%	6.13%	6.06%
D&A For EBITDA	64.71	64.93	65.79	61.11	65.24	61.12
EBIT	26.93	54.16	82.68	13.07	38.91	3.4
EBIT Margin	1.68%	3.31%	5.00%	0.87%	2.29%	0.32%
Effective Tax Rate	24.64%	15.62%	10.50%	1.59%	11.26%	52.81%
Revenue as Reported	1,605	1,634	1,655	1,496	1,699	1,065
Advertising Expenses	-	17.03	10.81	8.96	4.41	2.9

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.