Elite Color Environmental Resources Science & Technology Co., Ltd. (SHE:002998)

SHE:002998 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	2,656	2,343	2,440	2,249	1,617	1,349
Other Revenue	-	-	-	5.23	3.17	14.97
Revenue	2,656	2,343	2,440	2,254	1,620	1,364
Revenue Growth (YoY)	21.91%	-3.96%	8.24%	39.11%	18.83%	-21.55%
Cost of Revenue	2,502	2,133	2,182	2,078	1,419	1,125
Gross Profit	153.77	210.84	258.27	176.32	201.65	238.22
Selling, General & Admin	57.34	52.01	45.54	39.16	39.96	36.34
Research & Development	84.01	92.5	92.36	77.31	60.07	48.83
Other Operating Expenses	-47.97	-40.1	-52.1	-24.85	-12.47	-14.47
Operating Expenses	93.94	105.49	85.25	95.39	87.94	71.56
Operating Income	59.83	105.35	173.02	80.93	113.72	166.66
Interest Expense	-7.88	-14.65	-15.64	-8.47	-3.18	-11.72
Interest & Investment Income	7.76	6.98	4.37	2.19	2.39	0.92
Currency Exchange Gain (Loss)	4.9	4.9	0.44	1.46	-0.34	0.97
Other Non Operating Income (Expenses)	-1.5	-0.7	-0.46	-0.58	2.18	-2.97
EBT Excluding Unusual Items	63.11	101.87	161.73	75.54	114.77	153.87
Gain (Loss) on Sale of Investments	-0.43	-	-0.56	-1.47	-2.09	-
Gain (Loss) on Sale of Assets	-	0.08	-	-	0.12	0.04
Asset Writedown	-8.7	-0.05	-7.05	-	-	-
Other Unusual Items	-8.67	-8.66	-5.15	5.26	4.41	4.55
Pretax Income	45.31	93.25	148.97	79.32	117.21	158.46
Income Tax Expense	7.94	9.48	11.93	1.71	16.39	23.28
Net Income	37.37	83.77	137.04	77.61	100.82	135.18
Net Income to Common	37.37	83.77	137.04	77.61	100.82	135.18
Net Income Growth	-69.60%	-38.87%	76.58%	-23.02%	-25.42%	54.56%
Shares Outstanding (Basic)	317	322	326	323	325	265
Shares Outstanding (Diluted)	360	335	361	323	325	265
Shares Change (YoY)	-7.89%	-7.08%	11.52%	-0.57%	22.70%	9.10%
EPS (Basic)	0.12	0.26	0.42	0.24	0.31	0.51
EPS (Diluted)	0.10	0.25	0.38	0.24	0.31	0.51
EPS Growth	-66.99%	-34.21%	58.33%	-22.58%	-39.22%	41.67%
Free Cash Flow	60.61	-170.34	99.3	-47.76	-161.85	24.17
Free Cash Flow Per Share	0.17	-0.51	0.28	-0.15	-0.50	0.09
Dividend Per Share	0.520	0.550	0.200	-	0.100	-
Dividend Growth	160.00%	175.00%	-	-	-	-
Gross Margin	5.79%	9.00%	10.59%	7.82%	12.45%	17.47%
Operating Margin	2.25%	4.50%	7.09%	3.59%	7.02%	12.22%
Profit Margin	1.41%	3.57%	5.62%	3.44%	6.22%	9.91%
Free Cash Flow Margin	2.28%	-7.27%	4.07%	-2.12%	-9.99%	1.77%
EBITDA	183.33	223.21	283.35	188.64	194.52	239.49
EBITDA Margin	6.90%	9.53%	11.61%	8.37%	12.01%	17.56%
D&A For EBITDA	123.5	117.85	110.32	107.71	80.81	72.83
EBIT	59.83	105.35	173.02	80.93	113.72	166.66
EBIT Margin	2.25%	4.50%	7.09%	3.59%	7.02%	12.22%
Effective Tax Rate	17.52%	10.16%	8.01%	2.16%	13.98%	14.69%
Revenue as Reported	2,668	2,355	2,446	2,254	1,620	1,364

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