Ningbo Color Master Batch Co., Ltd. (SHE:301019)

Ningbo Color Master Batch 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	493.08	442.53	456.75	487.39	423.67
Other Revenue	-	8.7	7.39	4.95	5.86
Revenue	493.08	451.23	464.15	492.34	429.53
Revenue Growth (YoY)	9.28%	-2.78%	-5.73%	14.62%	5.95%
Cost of Revenue	327.74	293.34	325.15	322.06	260.13
Gross Profit	165.34	157.89	139	170.28	169.4
Selling, General & Admin	39.5	38.92	32.95	34.77	38.61
Research & Development	19.78	18.01	17.59	16.85	15.24
Other Operating Expenses	-1	2.04	3.3	3.72	3.22
Operating Expenses	58.28	59.96	54.44	55.89	57.08
Operating Income	107.06	97.93	84.56	114.39	112.32
Interest Expense	-	-0.1	-0.05	-0.1	-
Interest & Investment Income	14.2	15.95	16.02	5.37	1.58
Currency Exchange Gain (Loss)	-	0	0.01	-0	-0.05
Other Non Operating Income (Expenses)	-5	0.35	-0.3	-0.17	-0.19
EBT Excluding Unusual Items	116.26	114.14	100.23	119.49	113.66
Gain (Loss) on Sale of Assets	0.46	0.1	0.06	-0.11	0.36
Asset Writedown	-1.43	-0.1	-	-	-
Other Unusual Items	-	3.23	14.28	5.88	7.36
Pretax Income	115.28	117.37	114.57	125.26	121.37
Income Tax Expense	14.78	15.43	14.11	16.38	16.97
Net Income	100.5	101.94	100.47	108.88	104.41
Net Income to Common	100.5	101.94	100.47	108.88	104.41
Net Income Growth	-1.41%	1.47%	-7.73%	4.29%	31.64%
Shares Outstanding (Basic)	168	168	168	147	126
Shares Outstanding (Diluted)	168	168	168	147	126
Shares Change (YoY)	-0.34%	0.27%	14.24%	16.33%	0.00%
EPS (Basic)	0.60	0.61	0.60	0.74	0.83
EPS (Diluted)	0.60	0.61	0.60	0.74	0.83
EPS Growth	-1.07%	1.20%	-19.23%	-10.35%	31.82%
Free Cash Flow	6.67	62.77	61.63	105.77	28.09
Free Cash Flow Per Share	0.04	0.37	0.37	0.72	0.22
Dividend Per Share	-	0.285	0.285	0.238	-
Dividend Growth	-	-	20.02%	-	-
Gross Margin	33.53%	34.99%	29.95%	34.59%	39.44%
Operating Margin	21.71%	21.70%	18.22%	23.23%	26.15%
Profit Margin	20.38%	22.59%	21.64%	22.12%	24.31%
Free Cash Flow Margin	1.35%	13.91%	13.28%	21.48%	6.54%
EBITDA	121.55	111.7	96.15	124.32	121.49
EBITDA Margin	24.65%	24.75%	20.72%	25.25%	28.29%
D&A For EBITDA	14.49	13.77	11.59	9.93	9.18
EBIT	107.06	97.93	84.56	114.39	112.32
EBIT Margin	21.71%	21.70%	18.22%	23.23%	26.15%
Effective Tax Rate	12.82%	13.14%	12.31%	13.08%	13.98%
Revenue as Reported	-	451.23	464.15	492.34	429.53

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