Shandong Sinocera Functional Material Co., Ltd. (SHE: 300285)

Shandong Sinocera Functional Material Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Operating Revenue	3,968	3,789	3,142	3,118	2,500	2,140
Other Revenue	69.81	69.81	24.73	43.73	42.05	12.98
Revenue	4,038	3,859	3,167	3,162	2,542	2,153
Revenue Growth (YoY)	15.01%	21.86%	0.16%	24.37%	18.08%	19.76%
Cost of Revenue	2,429	2,398	2,070	1,751	1,372	1,133
Gross Profit	1,609	1,462	1,097	1,410	1,170	1,020
Selling, General & Admin	503.82	437.19	320.76	273.2	244.16	231.51
Research & Development	295.85	261.71	224.64	205.92	160.76	137.96
Other Operating Expenses	55.78	24.84	19.03	-33.51	0.68	20.45
Operating Expenses	898.64	779.73	593.88	471.91	429.89	417.46
Operating Income	710.71	681.98	503.12	938.44	740.15	602.37
Interest Expense	-32.86	-30.68	-29.96	-18.17	-11.07	-23.72
Interest & Investment Income	25.97	16.47	22.75	38.8	7.35	4.96
Currency Exchange Gain (Loss)	13.07	13.07	38.17	-14.89	-20.69	0.59
Other Non Operating Income (Expenses)	-10	-2.45	-1.78	12.29	2.52	-1.12
EBT Excluding Unusual Items	706.9	678.38	532.3	956.47	718.26	583.08
Impairment of Goodwill	-6.43	-6.43	-5.26	-2.68	-1.97	-
Gain (Loss) on Sale of Investments	0	0	-14.17	1.88	-	-
Gain (Loss) on Sale of Assets	0.05	-0.01	4.92	3.57	0.03	-0.3
Asset Writedown	-8.15	-6.56	-4.97	-2.1	-0.89	-3.23
Other Unusual Items	82.7	39.29	49.3	-	-	42.57
Pretax Income	775.06	704.67	562.13	957.13	715.44	622.11
Income Tax Expense	99.65	83.8	35.28	112.28	94.25	78.6
Earnings From Continuing Operations	675.41	620.88	526.85	844.85	621.19	543.52
Minority Interest in Earnings	-64.91	-51.74	-29.81	-49.69	-47.35	-42.95
Net Income	610.51	569.14	497.04	795.16	573.84	500.56
Net Income to Common	610.51	569.14	497.04	795.16	573.84	500.56
Net Income Growth	26.95%	14.50%	-37.49%	38.57%	14.64%	-7.82%
Shares Outstanding (Basic)	1,001	998	994	1,007	963	963
Shares Outstanding (Diluted)	1,001	998	994	1,007	963	963
Shares Change (YoY)	0.01%	0.44%	-1.24%	4.48%	0.07%	2.86%
EPS (Basic)	0.61	0.57	0.50	0.79	0.60	0.52
EPS (Diluted)	0.61	0.57	0.50	0.79	0.60	0.52
EPS Growth	26.94%	14.00%	-36.71%	32.62%	14.55%	-10.34%
Free Cash Flow	108.46	204.13	-341.93	30.86	553.76	288.2
Free Cash Flow Per Share	0.11	0.20	-0.34	0.03	0.57	0.30
Dividend Per Share	0.100	0.100	0.100	0.110	0.100	0.060
Dividend Growth	0%	0%	-9.09%	10.00%	66.67%	-10.04%
Gross Margin	39.85%	37.88%	34.64%	44.61%	46.02%	47.37%
Operating Margin	17.60%	17.67%	15.89%	29.68%	29.11%	27.98%
Profit Margin	15.12%	14.75%	15.69%	25.15%	22.57%	23.25%
Free Cash Flow Margin	2.69%	5.29%	-10.80%	0.98%	21.78%	13.39%
EBITDA	987.62	913.14	673.29	1,081	865.69	704.74
EBITDA Margin	24.46%	23.66%	21.26%	34.19%	34.05%	32.73%
D&A For EBITDA	276.9	231.16	170.17	142.6	125.53	102.37
EBIT	710.71	681.98	503.12	938.44	740.15	602.37
EBIT Margin	17.60%	17.67%	15.89%	29.68%	29.11%	27.98%
Effective Tax Rate	12.86%	11.89%	6.28%	11.73%	13.17%	12.63%
Revenue as Reported	4,038	3,859	3,167	3,162	2,542	2,153

Source: S&P Capital IQ. Standard template. Financial Sources.