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

Sunresin New Materials Co.,Ltd 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	2,793	2,478	1,913	1,191	920.13	1,009
Other Revenue	11.19	11.19	7.45	3.74	2.5	3.32
Revenue	2,804	2,489	1,920	1,195	922.63	1,012
Revenue Growth (YoY)	20.90%	29.62%	60.69%	29.51%	-8.82%	60.12%
Cost of Revenue	1,439	1,280	1,075	662.35	492.53	507.7
Gross Profit	1,365	1,208	844.69	532.55	430.1	504.23
Selling, General & Admin	195.84	196.88	176.95	109.76	106.38	113.31
Research & Development	163.31	147.47	121.35	76.83	54.75	62.36
Other Operating Expenses	41.58	24.36	23.11	22.87	11.5	9.47
Operating Expenses	431.28	394.16	338.3	200.69	185.42	222.02
Operating Income	933.61	814.32	506.39	331.86	244.69	282.22
Interest Expense	-40.36	-28.94	-6.24	-8.08	-13.65	-14.98
Interest & Investment Income	44.33	30.29	50.92	25.2	4.54	5.93
Earnings From Equity Investments	-	-	-	-	-	0.74
Currency Exchange Gain (Loss)	21.39	21.39	48.38	-15.55	-30.22	4.91
Other Non Operating Income (Expenses)	-43.46	-2.49	-2.9	-0.5	-2.38	-0.86
EBT Excluding Unusual Items	915.51	834.57	596.55	332.93	202.97	277.95
Gain (Loss) on Sale of Investments	-33.06	-33.38	3.15	-1.59	1.63	-
Gain (Loss) on Sale of Assets	-0.44	-0.32	-0.01	0.08	-0.07	-
Asset Writedown	-0.47	-2.74	-0.14	-0.03	-0	-0.02
Legal Settlements	-	-	-	1	-	-
Other Unusual Items	37.73	19.25	12.1	14.56	12.24	5.77
Pretax Income	919.27	817.37	611.65	346.95	216.77	283.71
Income Tax Expense	116.5	95.86	76.74	41.5	21.23	35.63
Earnings From Continuing Operations	802.77	721.51	534.92	305.45	195.54	248.08
Minority Interest in Earnings	-7.5	-4.48	2.79	5.41	6.52	3.21
Net Income	795.27	717.03	537.7	310.86	202.05	251.29
Net Income to Common	795.27	717.03	537.7	310.86	202.05	251.29
Net Income Growth	7.14%	33.35%	72.97%	53.85%	-19.59%	75.44%
Shares Outstanding (Basic)	503	501	498	489	469	456
Shares Outstanding (Diluted)	510	509	503	493	469	487
Shares Change (YoY)	1.15%	1.20%	2.02%	5.09%	-3.83%	7.39%
EPS (Basic)	1.58	1.43	1.08	0.64	0.43	0.55
EPS (Diluted)	1.56	1.41	1.07	0.63	0.43	0.52
EPS Growth	5.93%	31.78%	69.55%	46.39%	-16.39%	63.37%
Free Cash Flow	414.32	509.48	643.09	210.62	207.21	-282.56
Free Cash Flow Per Share	0.81	1.00	1.28	0.43	0.44	-0.58
Dividend Per Share	0.568	0.568	0.428	0.191	0.089	0.111
Dividend Growth	32.71%	32.71%	123.97%	114.96%	-19.98%	70.14%
Gross Margin	48.68%	48.56%	43.99%	44.57%	46.62%	49.83%
Operating Margin	33.30%	32.72%	26.37%	27.77%	26.52%	27.89%
Profit Margin	28.36%	28.81%	28.00%	26.02%	21.90%	24.83%
Free Cash Flow Margin	14.78%	20.47%	33.49%	17.63%	22.46%	-27.92%
EBITDA	1,079	942.47	611	429.39	334.8	315
EBITDA Margin	38.50%	37.87%	31.82%	35.94%	36.29%	31.13%
D&A For EBITDA	145.81	128.16	104.62	97.53	90.12	32.79
EBIT	933.61	814.32	506.39	331.86	244.69	282.22
EBIT Margin	33.30%	32.72%	26.37%	27.77%	26.52%	27.89%
Effective Tax Rate	12.67%	11.73%	12.55%	11.96%	9.80%	12.56%
Revenue as Reported	2,804	2,489	1,920	1,195	922.63	1,012
Advertising Expenses	-	0.63	0.36	0.36	0.94	0.91

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