Guangzhou Jointas Chemical Co., Ltd. (SHE:002909)

SHE:002909 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	1,217	1,282	1,328	1,447	1,674	1,257
Other Revenue	3.78	3.05	3.92	3.59	1.56	1.42
Revenue	1,221	1,285	1,332	1,450	1,676	1,259
Revenue Growth (YoY)	-5.56%	-3.56%	-8.13%	-13.44%	33.12%	23.88%
Cost of Revenue	914.29	962.42	999.44	1,139	1,324	868.41
Gross Profit	306.82	322.49	332.96	311.27	351.55	390.3
Selling, General & Admin	201.11	199.83	219.44	198.6	202.94	172.13
Research & Development	55.24	59.3	65.02	60.56	68.87	52.95
Other Operating Expenses	7.33	4.65	2.11	8.46	8.34	7.8
Operating Expenses	280.77	282.16	294.73	285.98	293.88	243.72
Operating Income	26.05	40.33	38.23	25.29	57.68	146.57
Interest Expense	-26.61	-28.46	-29.17	-24.82	-16.47	-13.31
Interest & Investment Income	0.4	0.88	1.74	2.88	4.78	2.98
Currency Exchange Gain (Loss)	0.02	0.11	0.16	0.78	0.12	-0.1
Other Non Operating Income (Expenses)	-1.69	-1.37	-0.85	-0.84	-1.34	-0.06
EBT Excluding Unusual Items	-1.83	11.48	10.11	3.29	44.77	136.08
Gain (Loss) on Sale of Investments	-0.64	-0.62	-	3.08	-	-0.64
Gain (Loss) on Sale of Assets	0.07	0.1	0.1	0.06	-0.96	-0.01
Asset Writedown	-2.34	-2.34	-0.49	-0.8	-0.49	-2.29
Other Unusual Items	5.06	3.94	1.43	5.98	10.5	3.27
Pretax Income	0.31	12.56	11.15	11.61	53.82	136.41
Income Tax Expense	-4.98	-6.71	0.9	1.41	3.12	23.65
Earnings From Continuing Operations	5.29	19.27	10.25	10.2	50.7	112.77
Minority Interest in Earnings	0	0.01	-0.01	-0	-0.01	-1.01
Net Income	5.29	19.28	10.24	10.19	50.69	111.75
Net Income to Common	5.29	19.28	10.24	10.19	50.69	111.75
Net Income Growth	-3.35%	88.27%	0.49%	-79.90%	-54.64%	30.83%
Shares Outstanding (Basic)	390	393	379	377	373	327
Shares Outstanding (Diluted)	390	393	379	377	373	327
Shares Change (YoY)	2.89%	3.74%	0.49%	1.27%	14.06%	-0.46%
EPS (Basic)	0.01	0.05	0.03	0.03	0.14	0.34
EPS (Diluted)	0.01	0.05	0.03	0.03	0.14	0.34
EPS Growth	-6.07%	81.48%	-	-80.15%	-60.23%	31.44%
Free Cash Flow	78.35	90.82	-11.52	-304.09	-113.21	-66.24
Free Cash Flow Per Share	0.20	0.23	-0.03	-0.81	-0.30	-0.20
Dividend Per Share	0.100	0.100	0.050	0.050	0.050	0.107
Dividend Growth	100.00%	100.00%	-	-	-53.31%	-30.05%
Gross Margin	25.13%	25.10%	24.99%	21.46%	20.98%	31.01%
Operating Margin	2.13%	3.14%	2.87%	1.74%	3.44%	11.64%
Profit Margin	0.43%	1.50%	0.77%	0.70%	3.02%	8.88%
Free Cash Flow Margin	6.42%	7.07%	-0.86%	-20.97%	-6.76%	-5.26%
EBITDA	85.12	97.11	92.68	69.58	92.44	173.18
EBITDA Margin	6.97%	7.56%	6.96%	4.80%	5.52%	13.76%
D&A For EBITDA	59.06	56.78	54.45	44.29	34.76	26.6
EBIT	26.05	40.33	38.23	25.29	57.68	146.57
EBIT Margin	2.13%	3.14%	2.87%	1.74%	3.44%	11.64%
Effective Tax Rate	-	-	8.11%	12.17%	5.81%	17.34%
Revenue as Reported	1,221	1,285	1,332	1,450	1,676	1,259
Advertising Expenses	-	5.72	12.57	5.99	5.96	3.91

Updated Oct 25, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.