Satellite Chemical Co.,Ltd. (SHE: 002648)

Satellite Chemical Co.,Ltd. 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	40,463	40,237	36,766	28,214	10,196	10,521
Other Revenue	1,250	1,250	276.78	343.13	576.42	257.9
Revenue	41,713	41,487	37,043	28,557	10,773	10,779
Revenue Growth (YoY)	0.95%	12.00%	29.71%	165.09%	-0.06%	7.47%
Cost of Revenue	32,247	33,266	30,922	19,515	7,681	7,965
Gross Profit	9,466	8,221	6,121	9,042	3,092	2,814
Selling, General & Admin	672.75	676.09	628.75	569.6	542.73	574.84
Research & Development	1,679	1,626	1,241	1,075	480.73	482.48
Other Operating Expenses	-211.59	0.15	120.01	95.15	13.71	57.34
Operating Expenses	2,194	2,304	2,005	1,751	1,040	1,118
Operating Income	7,272	5,917	4,116	7,290	2,052	1,696
Interest Expense	-443.09	-519.34	-429.66	-557.07	-202.18	-159.64
Interest & Investment Income	175.25	224.77	578.83	267.9	63.86	57.87
Currency Exchange Gain (Loss)	197.02	197.02	-130.66	18.32	-12.72	-24.89
Other Non Operating Income (Expenses)	-1,142	-713.6	-457.78	-39.72	-37.53	-18.76
EBT Excluding Unusual Items	6,059	5,105	3,677	6,980	1,863	1,551
Gain (Loss) on Sale of Investments	-415.55	173.59	-290.56	-31.05	21.01	-122.27
Gain (Loss) on Sale of Assets	0.06	0.47	2.93	0.38	0.28	0.02
Asset Writedown	-30.26	-13.55	-4.59	-38.95	-0.02	-3
Legal Settlements	-	-	-	-	-3.61	8.12
Other Unusual Items	102.17	102.17	60.07	82.96	26.43	18.16
Pretax Income	5,715	5,368	3,445	6,993	1,907	1,452
Income Tax Expense	671.44	584.27	334.42	980.41	249.59	184.44
Earnings From Continuing Operations	5,044	4,784	3,111	6,013	1,658	1,267
Net Income to Company	5,044	4,784	3,111	6,013	1,658	1,267
Minority Interest in Earnings	7.66	5.74	-14.82	-6.28	3.35	5.48
Net Income	5,052	4,789	3,096	6,007	1,661	1,273
Net Income to Common	5,052	4,789	3,096	6,007	1,661	1,273
Net Income Growth	45.13%	54.71%	-48.46%	261.62%	30.50%	35.31%
Shares Outstanding (Basic)	3,361	3,366	3,365	3,356	2,985	2,908
Shares Outstanding (Diluted)	3,366	3,370	3,365	3,374	3,013	2,933
Shares Change (YoY)	-0.34%	0.16%	-0.28%	12.00%	2.71%	0.07%
EPS (Basic)	1.50	1.42	0.92	1.79	0.56	0.44
EPS (Diluted)	1.50	1.42	0.92	1.78	0.55	0.43
EPS Growth	45.53%	54.35%	-48.31%	222.87%	27.06%	35.21%
Free Cash Flow	6,514	5,590	1,971	-394.89	-5,797	-1,203
Free Cash Flow Per Share	1.94	1.66	0.59	-0.12	-1.92	-0.41
Dividend Per Share	0.400	0.400	0.400	0.178	0.062	0.066
Dividend Growth	249.96%	0%	124.34%	187.58%	-5.49%	100.00%
Gross Margin	22.69%	19.82%	16.52%	31.66%	28.70%	26.11%
Operating Margin	17.43%	14.26%	11.11%	25.53%	19.05%	15.74%
Profit Margin	12.11%	11.54%	8.36%	21.03%	15.42%	11.81%
Free Cash Flow Margin	15.62%	13.47%	5.32%	-1.38%	-53.82%	-11.16%
EBITDA	10,133	8,194	5,615	8,353	2,653	2,243
EBITDA Margin	24.29%	19.75%	15.16%	29.25%	24.62%	20.81%
D&A For EBITDA	2,861	2,277	1,499	1,063	600.88	547.38
EBIT	7,272	5,917	4,116	7,290	2,052	1,696
EBIT Margin	17.43%	14.26%	11.11%	25.53%	19.05%	15.74%
Effective Tax Rate	11.75%	10.88%	9.71%	14.02%	13.09%	12.71%
Revenue as Reported	41,713	41,487	37,043	28,557	10,773	10,779

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