Shandong Ruifeng Chemical Co., Ltd. (SHE:300243)

Shandong Ruifeng Chemical 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	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,999	1,999	1,772	1,830	1,852	1,297
Other Revenue	2.25	2.25	3.83	1.85	6.7	5.1
Revenue	2,001	2,001	1,776	1,832	1,858	1,302
Revenue Growth (YoY)	3.70%	12.66%	-3.03%	-1.45%	42.75%	7.29%
Cost of Revenue	1,718	1,719	1,468	1,537	1,517	1,029
Gross Profit	282.73	282.03	308.24	294.44	341.48	272.42
Selling, General & Admin	197	186.03	187.34	209.92	182.22	154.02
Research & Development	7.11	9.01	14.6	6.43	4.31	4.32
Other Operating Expenses	2.23	4.33	1.09	6.65	5.51	6.29
Operating Expenses	209.68	204.56	202.61	223.19	193.12	164.43
Operating Income	73.05	77.47	105.63	71.26	148.36	107.99
Interest Expense	-44.23	-41.78	-22.58	-21.23	-20.71	-11.74
Interest & Investment Income	4.15	3.53	4.07	1.11	5.39	0.22
Earnings From Equity Investments	-0.43	-0.43	0.02	-	-	-
Currency Exchange Gain (Loss)	5.37	5.37	3.15	6.99	-1.61	-2.34
Other Non Operating Income (Expenses)	-3.36	-1.89	0.53	-3.57	-3.18	-0.61
EBT Excluding Unusual Items	34.54	42.27	90.82	54.56	128.26	93.52
Gain (Loss) on Sale of Assets	0.02	0.02	0.19	0.19	-0.05	0.4
Asset Writedown	-12.36	-14.48	-3.2	-7.84	-	-
Other Unusual Items	2.42	4.47	2.18	25.07	-21.67	5.98
Pretax Income	24.65	32.27	89.99	71.98	106.53	99.9
Income Tax Expense	15.48	10.56	4.71	10.84	15.49	15.34
Earnings From Continuing Operations	9.16	21.72	85.28	61.14	91.05	84.56
Minority Interest in Earnings	0.71	0.36	0.02	-	1.82	0.79
Net Income	9.88	22.08	85.29	61.14	92.87	85.35
Net Income to Common	9.88	22.08	85.29	61.14	92.87	85.35
Net Income Growth	-82.30%	-74.12%	39.51%	-34.17%	8.80%	14.53%
Shares Outstanding (Basic)	221	221	237	235	232	231
Shares Outstanding (Diluted)	221	221	237	235	238	231
Shares Change (YoY)	-9.13%	-6.82%	0.76%	-1.25%	3.22%	-0.95%
EPS (Basic)	0.04	0.10	0.36	0.26	0.40	0.37
EPS (Diluted)	0.04	0.10	0.36	0.26	0.39	0.37
EPS Growth	-80.53%	-72.22%	38.46%	-33.33%	5.41%	15.63%
Free Cash Flow	52.47	-92.5	-57.1	-184.93	-160.44	-83.95
Free Cash Flow Per Share	0.24	-0.42	-0.24	-0.79	-0.67	-0.36
Dividend Per Share	0.050	0.050	0.100	-	0.120	0.120
Dividend Growth	-50.00%	-50.00%	-	-	-	20.00%
Gross Margin	14.13%	14.10%	17.36%	16.08%	18.38%	20.93%
Operating Margin	3.65%	3.87%	5.95%	3.89%	7.98%	8.29%
Profit Margin	0.49%	1.10%	4.80%	3.34%	5.00%	6.56%
Free Cash Flow Margin	2.62%	-4.62%	-3.21%	-10.10%	-8.63%	-6.45%
EBITDA	192.15	170.31	163.45	124.54	189.04	142.32
EBITDA Margin	9.60%	8.51%	9.20%	6.80%	10.17%	10.93%
D&A For EBITDA	119.1	92.84	57.82	53.28	40.67	34.33
EBIT	73.05	77.47	105.63	71.26	148.36	107.99
EBIT Margin	3.65%	3.87%	5.95%	3.89%	7.98%	8.29%
Effective Tax Rate	62.82%	32.70%	5.24%	15.06%	14.54%	15.35%
Revenue as Reported	2,001	2,001	1,776	1,832	1,858	1,302

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