Guangdong Redwall New Materials Co., Ltd. (SHE:002809)

SHE:002809 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	733.96	673.56	758.85	908.44	1,482	1,219
Other Revenue	1.8	1.8	1.95	29.95	69.94	117.72
Revenue	735.76	675.36	760.8	938.4	1,552	1,337
Revenue Growth (YoY)	10.85%	-11.23%	-18.93%	-39.52%	16.10%	15.45%
Cost of Revenue	584.01	479.72	510.6	676.84	1,158	965.15
Gross Profit	151.75	195.64	250.2	261.56	393.19	371.42
Selling, General & Admin	105.07	98.36	118.31	142.51	199.52	180.14
Research & Development	32.05	36.07	41.37	38.25	55.22	42.78
Other Operating Expenses	2.6	0.77	1.34	5.71	7.44	7.01
Operating Expenses	151.27	147.67	158.69	183.51	286.71	239.85
Operating Income	0.48	47.97	91.51	78.04	106.48	131.57
Interest Expense	-13.37	-0.6	-1.48	-6.9	-12.88	-5.48
Interest & Investment Income	9.42	11.22	5.51	6.82	4.84	8.64
Currency Exchange Gain (Loss)	-	-	-	-	0.09	-0
Other Non Operating Income (Expenses)	-1.46	-0.31	-0.71	-0.56	-1.41	1.12
EBT Excluding Unusual Items	-4.93	58.28	94.83	77.4	97.12	135.84
Gain (Loss) on Sale of Investments	1.53	0.9	-0.09	7.42	4.22	-
Gain (Loss) on Sale of Assets	4.2	0.14	0.62	0.31	-0.05	0.06
Asset Writedown	-0.01	-0.01	-0.31	-0.46	-0.22	-0.95
Other Unusual Items	2.04	1.41	3.53	19.79	28.42	29.64
Pretax Income	2.83	60.72	98.59	104.46	129.49	164.59
Income Tax Expense	0.35	11.96	13.08	14.51	16.74	22.85
Net Income	2.48	48.76	85.51	89.95	112.75	141.75
Net Income to Common	2.48	48.76	85.51	89.95	112.75	141.75
Net Income Growth	-95.84%	-42.98%	-4.93%	-20.23%	-20.45%	10.59%
Shares Outstanding (Basic)	213	212	209	209	205	202
Shares Outstanding (Diluted)	227	244	214	209	209	202
Shares Change (YoY)	-1.73%	14.04%	2.20%	0.18%	3.12%	-2.05%
EPS (Basic)	0.01	0.23	0.41	0.43	0.55	0.70
EPS (Diluted)	0.01	0.20	0.40	0.43	0.54	0.70
EPS Growth	-95.77%	-50.00%	-6.98%	-20.37%	-22.86%	12.90%
Free Cash Flow	-24.39	18.1	-179.65	0.06	-8.47	-139.13
Free Cash Flow Per Share	-0.11	0.07	-0.84	-	-0.04	-0.69
Dividend Per Share	0.300	0.300	0.150	0.100	0.100	0.100
Dividend Growth	100.00%	100.00%	50.00%	-	-	173.97%
Gross Margin	20.63%	28.97%	32.89%	27.87%	25.34%	27.79%
Operating Margin	0.07%	7.10%	12.03%	8.32%	6.86%	9.84%
Profit Margin	0.34%	7.22%	11.24%	9.59%	7.27%	10.61%
Free Cash Flow Margin	-3.31%	2.68%	-23.61%	0.01%	-0.55%	-10.41%
EBITDA	23.37	73.81	121.26	111.72	140.94	155.17
EBITDA Margin	3.18%	10.93%	15.94%	11.91%	9.08%	11.61%
D&A For EBITDA	22.89	25.83	29.75	33.68	34.46	23.6
EBIT	0.48	47.97	91.51	78.04	106.48	131.57
EBIT Margin	0.07%	7.10%	12.03%	8.32%	6.86%	9.84%
Effective Tax Rate	12.50%	19.69%	13.27%	13.89%	12.93%	13.88%
Revenue as Reported	735.76	675.36	760.8	938.4	1,552	1,337

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.