Hubei Xiangyuan New Material Technology Inc. (SHE:300980)

SHE:300980 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	Jan 1, 2022	Dec 31, 2020
Operating Revenue	581.03	473.54	381.91	372.52	458.97	313.6
Other Revenue	2.32	2.32	1.78	1.11	2.97	3.09
Revenue	583.35	475.86	383.68	373.64	461.94	316.69
Revenue Growth (YoY)	30.11%	24.02%	2.69%	-19.12%	45.86%	11.40%
Cost of Revenue	422.83	338.28	242.93	259.4	294.79	174.54
Gross Profit	160.52	137.58	140.75	114.24	167.15	142.15
Selling, General & Admin	90.35	84.59	62.85	48	48.73	33.06
Research & Development	20.74	22.77	29.42	23.22	24.43	16.53
Other Operating Expenses	4.01	4.64	2.47	4.25	3.67	2.94
Operating Expenses	117.7	113.33	96.26	73.65	79.11	53.63
Operating Income	42.83	24.25	44.49	40.59	88.04	88.52
Interest Expense	-2.79	-17.95	-12.5	-1.29	-2.15	-1.22
Interest & Investment Income	6.52	16.63	6.57	9.92	4.2	0.48
Currency Exchange Gain (Loss)	2.09	2.09	-1.06	6.61	-1.8	-0.56
Other Non Operating Income (Expenses)	-1.68	-0.16	-0.19	-0.19	-0.26	-0.21
EBT Excluding Unusual Items	46.97	24.86	37.31	55.64	88.03	87.02
Gain (Loss) on Sale of Assets	0.26	0.33	0.84	-0.33	-1.93	0.03
Asset Writedown	-1.27	-0.69	-0.52	-0.43	-0.66	-0.17
Other Unusual Items	7.83	7.83	9.45	5.12	15.89	-0.29
Pretax Income	53.79	32.32	47.08	60	101.33	86.59
Income Tax Expense	8.47	6.75	6.06	3.33	13.59	11.65
Earnings From Continuing Operations	45.33	25.58	41.02	56.67	87.74	74.93
Net Income	45.33	25.58	41.02	56.67	87.74	74.93
Net Income to Common	45.33	25.58	41.02	56.67	87.74	74.93
Net Income Growth	56.52%	-37.65%	-27.61%	-35.41%	17.09%	35.15%
Shares Outstanding (Basic)	126	107	108	107	102	81
Shares Outstanding (Diluted)	126	107	108	107	102	81
Shares Change (YoY)	16.33%	-1.28%	0.97%	4.80%	26.17%	6.95%
EPS (Basic)	0.36	0.24	0.38	0.53	0.86	0.93
EPS (Diluted)	0.36	0.24	0.38	0.53	0.86	0.93
EPS Growth	34.55%	-36.84%	-28.30%	-38.37%	-7.20%	26.37%
Free Cash Flow	-57.53	-68.54	-269.02	-97.88	-102.24	7.29
Free Cash Flow Per Share	-0.46	-0.64	-2.49	-0.92	-1.00	0.09
Dividend Per Share	0.180	0.180	0.181	-	0.200	-
Dividend Growth	480.18%	-0.57%	-	-	-	-
Gross Margin	27.52%	28.91%	36.68%	30.58%	36.19%	44.89%
Operating Margin	7.34%	5.10%	11.60%	10.86%	19.06%	27.95%
Profit Margin	7.77%	5.37%	10.69%	15.17%	18.99%	23.66%
Free Cash Flow Margin	-9.86%	-14.40%	-70.12%	-26.20%	-22.13%	2.30%
EBITDA	117.58	81.11	77.49	64.26	107.38	102.57
EBITDA Margin	20.16%	17.04%	20.20%	17.20%	23.25%	32.39%
D&A For EBITDA	74.75	56.86	33	23.66	19.34	14.04
EBIT	42.83	24.25	44.49	40.59	88.04	88.52
EBIT Margin	7.34%	5.10%	11.60%	10.86%	19.06%	27.95%
Effective Tax Rate	15.74%	20.88%	12.88%	5.55%	13.41%	13.46%
Revenue as Reported	583.35	475.86	383.68	373.64	461.94	316.69
Advertising Expenses	-	3.32	3.19	3.61	3.3	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.