PhiChem Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	3,226	2,899	2,713	2,863	2,607
Other Revenue	-	18.51	15.61	43.34	20.32
Revenue	3,226	2,918	2,729	2,907	2,627
Revenue Growth (YoY)	10.56%	6.92%	-6.13%	10.65%	40.94%
Cost of Revenue	2,051	1,913	1,792	1,765	1,582
Gross Profit	1,174	1,005	936.4	1,142	1,045
Selling, General & Admin	466.11	433.18	438.35	395.77	337.22
Research & Development	208.59	181.65	189.24	183.69	192.74
Other Operating Expenses	2.93	10.89	7.3	20.19	23.35
Operating Expenses	677.63	657.5	655.06	601.71	561.37
Operating Income	496.84	347.36	281.34	540.27	483.54
Interest Expense	-	-44.83	-56.31	-59.06	-66.63
Interest & Investment Income	64.07	57.48	57.17	22.05	89.17
Currency Exchange Gain (Loss)	-	3.47	2.81	13.02	-3.49
Other Non Operating Income (Expenses)	-30.55	-9.88	-159.95	-8.9	-11.13
EBT Excluding Unusual Items	530.36	353.6	125.06	507.38	491.45
Impairment of Goodwill	-	-	-	-1.48	-1.55
Gain (Loss) on Sale of Investments	-16.91	-53.05	5.26	-26.78	-32.93
Gain (Loss) on Sale of Assets	-15.38	-1.51	0	0.13	-1.05
Asset Writedown	-27.88	-12.55	-1	-1.57	-2.66
Other Unusual Items	-	18.43	21.93	15.42	21.16
Pretax Income	470.19	304.93	151.24	493.11	474.41
Income Tax Expense	62.74	32.56	15.43	49.57	73.45
Earnings From Continuing Operations	407.45	272.37	135.81	443.54	400.96
Minority Interest in Earnings	-17.05	-25.84	-23.46	-8.97	-15.1
Net Income	390.4	246.53	112.35	434.57	385.87
Net Income to Common	390.4	246.53	112.35	434.57	385.87
Net Income Growth	58.36%	119.42%	-74.15%	12.62%	67.89%
Shares Outstanding (Basic)	550	525	535	517	514
Shares Outstanding (Diluted)	550	525	535	517	514
Shares Change (YoY)	4.83%	-1.96%	3.42%	0.56%	0.73%
EPS (Basic)	0.71	0.47	0.21	0.84	0.75
EPS (Diluted)	0.71	0.47	0.21	0.84	0.75
EPS Growth	51.06%	123.81%	-75.00%	12.00%	66.67%
Free Cash Flow	175.28	413.89	19.06	202.31	-10.85
Free Cash Flow Per Share	0.32	0.79	0.04	0.39	-0.02
Dividend Per Share	-	0.095	0.080	0.080	0.070
Dividend Growth	-	18.75%	-	14.29%	7.69%
Gross Margin	36.41%	34.44%	34.32%	39.29%	39.77%
Operating Margin	15.40%	11.91%	10.31%	18.59%	18.41%
Profit Margin	12.10%	8.45%	4.12%	14.95%	14.69%
Free Cash Flow Margin	5.43%	14.19%	0.70%	6.96%	-0.41%
EBITDA	721.44	531.66	458.88	685.88	604.68
EBITDA Margin	22.37%	18.22%	16.82%	23.59%	23.02%
D&A For EBITDA	224.6	184.3	177.54	145.61	121.14
EBIT	496.84	347.36	281.34	540.27	483.54
EBIT Margin	15.40%	11.91%	10.31%	18.59%	18.41%
Effective Tax Rate	13.34%	10.68%	10.20%	10.05%	15.48%
Revenue as Reported	-	2,918	2,729	2,907	2,627
Advertising Expenses	-	1.26	7.13	1.24	3.15

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