Ningbo Xianfeng New Material Co.,Ltd (SHE:300163)

SHE:300163 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Jan 1, 2021
Operating Revenue	262.8	240.76	231.78	279.01	285.32	264.75
Other Revenue	18.16	18.16	20.49	25.65	20.94	10.97
Revenue	280.96	258.92	252.27	304.66	306.26	275.72
Revenue Growth (YoY)	13.96%	2.64%	-17.20%	-0.52%	11.07%	-38.75%
Cost of Revenue	238.5	226.71	222.45	258.4	255.09	216.58
Gross Profit	42.45	32.22	29.81	46.26	51.16	59.14
Selling, General & Admin	36.9	35.53	35.51	40.1	43.22	36.52
Research & Development	10.01	9.64	11.48	11.33	10.06	16.48
Other Operating Expenses	6.6	4.76	4.73	5.19	5	4.38
Operating Expenses	33.36	38.31	65.08	60.88	63.92	45.83
Operating Income	9.1	-6.09	-35.27	-14.62	-12.76	13.31
Interest Expense	-	-	-	-1.03	-2.27	-3.38
Interest & Investment Income	1.28	1.42	1.4	0.39	1.61	0.33
Currency Exchange Gain (Loss)	2.7	2.7	1.74	5.24	-1.83	-7.56
Other Non Operating Income (Expenses)	-1.31	-0.06	-55.56	-0.06	-0.13	4.51
EBT Excluding Unusual Items	11.77	-2.03	-87.68	-10.07	-15.37	7.21
Gain (Loss) on Sale of Investments	-11.08	-11.13	-2.13	-0.54	-	-
Gain (Loss) on Sale of Assets	16.74	0.23	-0.17	-0.28	-0.01	-0.34
Asset Writedown	-1.43	-1.04	-1.78	-0.11	-0.01	-1.54
Other Unusual Items	5.69	5.04	7.5	9.53	11.73	15.23
Pretax Income	21.68	-8.91	-84.26	-1.46	-3.65	20.57
Income Tax Expense	0.69	0.79	15.35	0.42	0.23	2.65
Earnings From Continuing Operations	21	-9.7	-99.61	-1.88	-3.88	17.91
Minority Interest in Earnings	-	-	0.02	0.16	0.39	0.27
Net Income	21	-9.7	-99.59	-1.72	-3.48	18.18
Net Income to Common	21	-9.7	-99.59	-1.72	-3.48	18.18
Net Income Growth	-	-	-	-	-	-62.52%
Shares Outstanding (Basic)	474	473	474	477	471	473
Shares Outstanding (Diluted)	474	473	474	477	471	473
Shares Change (YoY)	0.07%	-0.16%	-0.59%	1.26%	-0.55%	-0.14%
EPS (Basic)	0.04	-0.02	-0.21	-0.00	-0.01	0.04
EPS (Diluted)	0.04	-0.02	-0.21	-0.00	-0.01	0.04
EPS Growth	-	-	-	-	-	-62.46%
Free Cash Flow	-21.28	-14.78	-13.15	76.5	16.35	75.49
Free Cash Flow Per Share	-0.04	-0.03	-0.03	0.16	0.04	0.16
Gross Margin	15.11%	12.44%	11.82%	15.19%	16.71%	21.45%
Operating Margin	3.24%	-2.35%	-13.98%	-4.80%	-4.17%	4.83%
Profit Margin	7.47%	-3.75%	-39.48%	-0.56%	-1.14%	6.59%
Free Cash Flow Margin	-7.57%	-5.71%	-5.21%	25.11%	5.34%	27.38%
EBITDA	26.69	12.6	-12.2	11.21	14.68	41.29
EBITDA Margin	9.50%	4.87%	-4.84%	3.68%	4.79%	14.97%
D&A For EBITDA	17.59	18.69	23.07	25.83	27.44	27.98
EBIT	9.1	-6.09	-35.27	-14.62	-12.76	13.31
EBIT Margin	3.24%	-2.35%	-13.98%	-4.80%	-4.17%	4.83%
Effective Tax Rate	3.16%	-	-	-	-	12.91%
Revenue as Reported	280.96	258.92	252.27	304.66	306.26	275.72
Advertising Expenses	-	0.39	0.72	1.01	0.84	0.64

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