Shanghai Hajime Advanced Material Technology Co., Ltd. (SHE:301000)

SHE:301000 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	733.44	559.43	513.77	561.19	474.75
Other Revenue	22.5	31.78	20.82	23.2	20.31
Revenue	755.94	591.21	534.59	584.39	495.06
Revenue Growth (YoY)	27.86%	10.59%	-8.52%	18.05%	47.91%
Cost of Revenue	502.86	405.97	370.25	387.35	317.55
Gross Profit	253.08	185.24	164.34	197.04	177.51
Selling, General & Admin	68.51	59.92	50.67	51.13	37.1
Research & Development	33	26.18	23.83	23.58	17.08
Other Operating Expenses	2.1	0.38	2.53	-2.68	1.33
Operating Expenses	105.75	88.25	77.15	71.43	58.66
Operating Income	147.33	96.99	87.18	125.61	118.85
Interest Expense	-0.43	-0.77	-1.33	-1.69	-0.99
Interest & Investment Income	12.08	24.3	14.75	5.6	0.46
Currency Exchange Gain (Loss)	0.51	0.18	0.69	-0.8	0.03
Other Non Operating Income (Expenses)	-2.4	-0.46	-0.36	0.08	-0.19
EBT Excluding Unusual Items	157.09	120.26	100.93	128.81	118.16
Gain (Loss) on Sale of Investments	2	-6.76	2.85	4.51	-
Gain (Loss) on Sale of Assets	-0.06	-0.22	-0.48	-0.49	-0.04
Other Unusual Items	3.04	1.45	1	-	3.28
Pretax Income	162.08	114.74	104.3	132.82	121.39
Income Tax Expense	19.45	11.42	10.33	16.41	16.56
Earnings From Continuing Operations	142.63	103.31	93.97	116.42	104.83
Minority Interest in Earnings	-0.83	-	0.27	-0.15	-0.48
Net Income	141.8	103.31	94.25	116.27	104.36
Net Income to Common	141.8	103.31	94.25	116.27	104.36
Net Income Growth	37.25%	9.62%	-18.94%	11.42%	45.21%
Shares Outstanding (Basic)	240	240	240	217	181
Shares Outstanding (Diluted)	240	240	240	217	181
Shares Change (YoY)	0.03%	0.16%	10.52%	19.67%	-0.02%
EPS (Basic)	0.59	0.43	0.39	0.54	0.58
EPS (Diluted)	0.59	0.43	0.39	0.54	0.58
EPS Growth	37.21%	9.44%	-26.66%	-6.90%	45.23%
Free Cash Flow	-48.19	-6.52	26.88	25.43	18.96
Free Cash Flow Per Share	-0.20	-0.03	0.11	0.12	0.10
Dividend Per Share	0.400	0.321	0.317	0.331	0.265
Dividend Growth	24.46%	1.26%	-4.02%	24.98%	-
Gross Margin	33.48%	31.33%	30.74%	33.72%	35.86%
Operating Margin	19.49%	16.41%	16.31%	21.50%	24.01%
Profit Margin	18.76%	17.47%	17.63%	19.90%	21.08%
Free Cash Flow Margin	-6.37%	-1.10%	5.03%	4.35%	3.83%
EBITDA	174.63	119.73	105.53	138.53	128.68
EBITDA Margin	23.10%	20.25%	19.74%	23.71%	25.99%
D&A For EBITDA	27.29	22.73	18.34	12.91	9.83
EBIT	147.33	96.99	87.18	125.61	118.85
EBIT Margin	19.49%	16.41%	16.31%	21.50%	24.01%
Effective Tax Rate	12.00%	9.96%	9.90%	12.35%	13.64%
Revenue as Reported	755.94	591.21	534.59	584.39	495.06

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