Sunresin New Materials Co.,Ltd (SHE:300487)

SHE:300487 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	2,495	2,542	2,478	1,913	1,191	920.13
Other Revenue	12.37	12.45	11.19	7.45	3.74	2.5
Revenue	2,507	2,554	2,489	1,920	1,195	922.63
Revenue Growth (YoY)	-9.69%	2.62%	29.62%	60.69%	29.51%	-8.82%
Cost of Revenue	1,219	1,291	1,280	1,075	662.35	492.53
Gross Profit	1,288	1,263	1,208	844.69	532.55	430.1
Selling, General & Admin	219.54	208.98	196.88	176.95	109.76	106.38
Research & Development	144.87	146.04	147.47	121.35	76.83	54.75
Other Operating Expenses	27.67	20.79	25.77	23.11	22.87	11.5
Operating Expenses	421	416.93	395.57	338.3	200.69	185.42
Operating Income	867.03	846.43	812.91	506.39	331.86	244.69
Interest Expense	-42.9	-41.95	-28.94	-6.24	-8.08	-13.65
Interest & Investment Income	63.43	45.19	30.29	50.92	25.2	4.54
Currency Exchange Gain (Loss)	28.04	12.81	21.39	48.38	-15.55	-30.22
Other Non Operating Income (Expenses)	-3.65	-0.94	-3.83	-2.9	-0.5	-2.38
EBT Excluding Unusual Items	911.95	861.55	831.82	596.55	332.93	202.97
Gain (Loss) on Sale of Investments	-0.13	1.96	-33.38	3.15	-1.59	1.63
Gain (Loss) on Sale of Assets	0.02	0.04	-0.32	-0.01	0.08	-0.07
Asset Writedown	-3.22	-0.27	-	-0.14	-0.03	-0
Legal Settlements	-	-	-	-	1	-
Other Unusual Items	53.53	43.81	19.25	12.1	14.56	12.24
Pretax Income	962.15	907.08	817.37	611.65	346.95	216.77
Income Tax Expense	128.7	112.63	95.86	76.74	41.5	21.23
Earnings From Continuing Operations	833.46	794.45	721.51	534.92	305.45	195.54
Minority Interest in Earnings	-5.77	-7.21	-4.48	2.79	5.41	6.52
Net Income	827.69	787.24	717.03	537.7	310.86	202.05
Net Income to Common	827.69	787.24	717.03	537.7	310.86	202.05
Net Income Growth	6.78%	9.79%	33.35%	72.97%	53.85%	-19.59%
Shares Outstanding (Basic)	505	505	501	498	489	469
Shares Outstanding (Diluted)	508	508	509	503	493	469
Shares Change (YoY)	0.25%	-0.13%	1.20%	2.02%	5.09%	-3.83%
EPS (Basic)	1.64	1.56	1.43	1.08	0.64	0.43
EPS (Diluted)	1.63	1.55	1.41	1.07	0.63	0.43
EPS Growth	6.52%	9.93%	31.78%	69.55%	46.39%	-16.39%
Free Cash Flow	688.98	552.96	509.48	643.09	210.62	207.21
Free Cash Flow Per Share	1.36	1.09	1.00	1.28	0.43	0.44
Dividend Per Share	0.780	0.719	0.568	0.428	0.191	0.089
Dividend Growth	13.54%	26.58%	32.71%	123.97%	114.96%	-19.98%
Gross Margin	51.38%	49.46%	48.56%	43.99%	44.57%	46.62%
Operating Margin	34.59%	33.14%	32.66%	26.37%	27.77%	26.52%
Profit Margin	33.02%	30.82%	28.81%	28.00%	26.02%	21.90%
Free Cash Flow Margin	27.48%	21.65%	20.47%	33.49%	17.63%	22.46%
EBITDA	982.37	976.69	941.13	611	429.39	334.8
EBITDA Margin	39.19%	38.24%	37.81%	31.82%	35.94%	36.29%
D&A For EBITDA	115.34	130.25	128.22	104.62	97.53	90.12
EBIT	867.03	846.43	812.91	506.39	331.86	244.69
EBIT Margin	34.59%	33.14%	32.66%	26.37%	27.77%	26.52%
Effective Tax Rate	13.38%	12.42%	11.73%	12.55%	11.96%	9.79%
Revenue as Reported	2,507	2,554	2,489	1,920	1,195	922.63
Advertising Expenses	-	0.43	0.63	0.36	0.36	0.94

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