Shandong Liancheng Precision Manufacturing Co., Ltd (SHE:002921)

SHE:002921 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	1,042	1,031	1,067	1,230	1,183	894.02
Other Revenue	46.79	44.44	37.35	-	27.73	18.5
Revenue	1,089	1,075	1,104	1,230	1,211	912.52
Revenue Growth (YoY)	2.88%	-2.62%	-10.23%	1.59%	32.66%	22.02%
Cost of Revenue	971.24	950.78	937.33	1,041	954.64	670.22
Gross Profit	117.75	124.27	166.67	189.25	255.94	242.3
Selling, General & Admin	92.24	97.03	89.01	93.97	106.45	92.8
Research & Development	30.76	27.6	31.37	28.74	27.79	24.68
Other Operating Expenses	20.45	10.24	9.2	6.99	3.74	8.61
Operating Expenses	142.48	134.3	131.7	126.77	139.8	130.19
Operating Income	-24.73	-10.03	34.97	62.48	116.14	112.11
Interest Expense	-44.93	-49.82	-42.68	-39.92	-25.41	-22.57
Interest & Investment Income	13.76	13.56	12.99	7.4	1.4	4.42
Currency Exchange Gain (Loss)	5.97	4.99	1.13	14.52	-2.83	-6.01
Other Non Operating Income (Expenses)	-1.23	-0.77	-1.12	0.22	1.61	-0.2
EBT Excluding Unusual Items	-51.16	-42.07	5.28	44.7	90.91	87.75
Gain (Loss) on Sale of Investments	4.16	-6.38	-4.26	0.48	-	-1.74
Gain (Loss) on Sale of Assets	-3.01	-3.49	-2.31	1.12	-1.71	-0.44
Asset Writedown	-2.02	-1.8	-0.84	-2.92	-1.87	-1.93
Other Unusual Items	21.64	16.15	13.73	6.83	4.65	4.65
Pretax Income	-30.39	-37.6	11.61	50.21	91.97	88.29
Income Tax Expense	1.37	1.15	5.79	11.45	20.58	16.62
Earnings From Continuing Operations	-31.77	-38.75	5.82	38.76	71.38	71.67
Minority Interest in Earnings	0.58	0.79	-0.94	-12.99	2.82	0.26
Net Income	-31.18	-37.96	4.87	25.78	74.2	71.93
Net Income to Common	-31.18	-37.96	4.87	25.78	74.2	71.93
Net Income Growth	-	-	-81.09%	-65.26%	3.16%	55.36%
Shares Outstanding (Basic)	123	122	122	129	105	104
Shares Outstanding (Diluted)	123	122	122	129	105	104
Shares Change (YoY)	2.59%	0.51%	-5.47%	23.32%	0.26%	0.47%
EPS (Basic)	-0.25	-0.31	0.04	0.20	0.71	0.69
EPS (Diluted)	-0.25	-0.31	0.04	0.20	0.71	0.69
EPS Growth	-	-	-80.00%	-71.83%	2.90%	54.64%
Free Cash Flow	88.37	89.03	-2.55	-44.6	-148.31	-85.98
Free Cash Flow Per Share	0.72	0.73	-0.02	-0.35	-1.42	-0.82
Dividend Per Share	-	-	0.100	0.350	0.350	0.308
Dividend Growth	-	-	-71.43%	-	13.75%	33.32%
Gross Margin	10.81%	11.56%	15.10%	15.39%	21.14%	26.55%
Operating Margin	-2.27%	-0.93%	3.17%	5.08%	9.59%	12.29%
Profit Margin	-2.86%	-3.53%	0.44%	2.10%	6.13%	7.88%
Free Cash Flow Margin	8.12%	8.28%	-0.23%	-3.63%	-12.25%	-9.42%
EBITDA	102.15	114.1	137.77	154.02	195.8	177.96
EBITDA Margin	9.38%	10.61%	12.48%	12.52%	16.17%	19.50%
D&A For EBITDA	126.87	124.13	102.8	91.54	79.66	65.85
EBIT	-24.73	-10.03	34.97	62.48	116.14	112.11
EBIT Margin	-2.27%	-0.93%	3.17%	5.08%	9.59%	12.29%
Effective Tax Rate	-	-	49.88%	22.81%	22.38%	18.82%
Revenue as Reported	1,089	1,075	1,104	1,230	1,211	912.52
Advertising Expenses	-	0.08	0.02	0.07	0	0.05

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