Daoming Optics&Chemical Co.,Ltd (SHE:002632)

SHE:002632 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	1,457	1,401	1,306	1,264	1,267	1,245
Other Revenue	50.94	39.98	16.32	22.49	16.49	21.84
Revenue	1,508	1,441	1,323	1,287	1,284	1,266
Revenue Growth (YoY)	10.62%	8.96%	2.81%	0.22%	1.37%	-9.00%
Cost of Revenue	1,045	997.27	910.63	913.26	815.55	792.22
Gross Profit	463.08	443.95	412.08	373.34	468.24	474.24
Selling, General & Admin	145.43	150.3	170.96	159.52	163.66	149.95
Research & Development	61.07	63.87	68.25	63.37	70.76	52.39
Other Operating Expenses	27.58	12.02	15.27	14.7	12.44	15.27
Operating Expenses	258.85	234.31	254.68	248.08	255.12	220.35
Operating Income	204.22	209.63	157.4	125.26	213.12	253.89
Interest Expense	-5.33	-5.83	-3.52	-0.37	-0.9	-10.01
Interest & Investment Income	12	13.06	14.42	239.4	6.97	11.58
Currency Exchange Gain (Loss)	-1.46	-29.82	4.86	33.41	-16.94	-33.68
Other Non Operating Income (Expenses)	-7.72	-2.27	-1.14	-1.16	-0.78	-0.78
EBT Excluding Unusual Items	201.72	184.78	172.01	396.54	201.47	221
Impairment of Goodwill	-	-	-	-	-128.4	-39.95
Gain (Loss) on Sale of Investments	5.55	3.33	-	-2.54	0.04	-0.14
Gain (Loss) on Sale of Assets	0.01	0.01	-1	0.01	-0.14	0.58
Asset Writedown	-12.58	-7.57	-1.91	-1.58	-11.35	-1.21
Other Unusual Items	23.35	20.92	24.65	10.74	19.2	18.53
Pretax Income	218.05	201.48	193.75	403.17	80.83	198.81
Income Tax Expense	29.05	32.58	37.55	89.3	25.74	37.4
Earnings From Continuing Operations	189	168.9	156.2	313.87	55.09	161.41
Minority Interest in Earnings	1.41	1.04	0.51	0.06	-0.15	7.79
Net Income	190.41	169.94	156.71	313.94	54.94	169.2
Net Income to Common	190.41	169.94	156.71	313.94	54.94	169.2
Net Income Growth	11.34%	8.44%	-50.08%	471.38%	-67.53%	-14.65%
Shares Outstanding (Basic)	629	629	627	628	610	627
Shares Outstanding (Diluted)	629	629	627	628	610	627
Shares Change (YoY)	0.40%	0.41%	-0.17%	2.85%	-2.58%	1.15%
EPS (Basic)	0.30	0.27	0.25	0.50	0.09	0.27
EPS (Diluted)	0.30	0.27	0.25	0.50	0.09	0.27
EPS Growth	10.90%	8.00%	-50.00%	455.56%	-66.67%	-15.63%
Free Cash Flow	449.98	231.3	185.19	25.07	384.49	644.19
Free Cash Flow Per Share	0.71	0.37	0.29	0.04	0.63	1.03
Dividend Per Share	0.260	0.260	0.300	0.450	0.050	0.130
Dividend Growth	-39.53%	-13.33%	-33.33%	800.00%	-61.54%	333.33%
Gross Margin	30.71%	30.80%	31.15%	29.02%	36.47%	37.45%
Operating Margin	13.54%	14.55%	11.90%	9.74%	16.60%	20.05%
Profit Margin	12.63%	11.79%	11.85%	24.40%	4.28%	13.36%
Free Cash Flow Margin	29.84%	16.05%	14.00%	1.95%	29.95%	50.87%
EBITDA	323.66	330.14	285.12	253.89	323.24	341.24
EBITDA Margin	21.47%	22.91%	21.55%	19.73%	25.18%	26.95%
D&A For EBITDA	119.44	120.51	127.72	128.64	110.12	87.36
EBIT	204.22	209.63	157.4	125.26	213.12	253.89
EBIT Margin	13.54%	14.55%	11.90%	9.74%	16.60%	20.05%
Effective Tax Rate	13.32%	16.17%	19.38%	22.15%	31.85%	18.81%
Revenue as Reported	1,508	1,441	1,323	1,287	1,284	1,266
Advertising Expenses	-	2.77	5.95	3.82	13.57	14.7

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