Shandong Weifang Rainbow Chemical Co., Ltd (SHE:301035)

SHE:301035 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	14,135	13,279	11,438	14,324	9,681	7,236
Other Revenue	10.33	17.18	46.4	136.55	116.51	53.45
Revenue	14,145	13,296	11,485	14,460	9,797	7,290
Revenue Growth (YoY)	16.68%	15.77%	-20.58%	47.60%	34.39%	20.03%
Cost of Revenue	11,300	10,705	9,070	11,541	7,954	6,054
Gross Profit	2,845	2,591	2,415	2,920	1,843	1,236
Selling, General & Admin	1,306	1,191	941.65	657.99	501.91	383.59
Research & Development	181	169.42	298.48	335.09	312.44	227.23
Other Operating Expenses	71.31	62.45	29.39	17.99	12.97	12.46
Operating Expenses	1,737	1,584	1,341	1,067	862.82	660.01
Operating Income	1,108	1,007	1,074	1,852	980.64	576.18
Interest Expense	-127.32	-131.1	-64.2	-24.12	-26.67	-28.88
Interest & Investment Income	91.4	108.5	44.86	54.42	255.16	109
Currency Exchange Gain (Loss)	22.49	-552.55	78.67	333.84	-87.23	-213.38
Other Non Operating Income (Expenses)	-36.85	-42.72	-19.91	-17.2	-27.62	-12.4
EBT Excluding Unusual Items	1,058	389.41	1,114	2,199	1,094	430.52
Impairment of Goodwill	-4.53	-4.53	-	-	-	-
Gain (Loss) on Sale of Investments	-71.27	51.68	-175.41	-430.56	-84.36	117.83
Gain (Loss) on Sale of Assets	0.28	0.3	-0.15	-0.02	-3.61	-0.02
Asset Writedown	-20.83	-16.44	-8.44	-27.96	-32.16	-14.65
Other Unusual Items	-9.22	-7.46	10.53	12.08	15.23	14.6
Pretax Income	952.42	412.96	940.38	1,753	989.39	548.29
Income Tax Expense	16.06	-115.43	90.27	265.08	143.34	82.88
Earnings From Continuing Operations	936.36	528.39	850.11	1,488	846.05	465.4
Minority Interest in Earnings	-112.47	-78.3	-78.99	-74.27	-46.33	-27.77
Net Income	823.89	450.08	771.12	1,413	799.72	437.63
Net Income to Common	823.89	450.08	771.12	1,413	799.72	437.63
Net Income Growth	55.88%	-41.63%	-45.44%	76.72%	82.74%	28.97%
Shares Outstanding (Basic)	279	280	277	276	236	207
Shares Outstanding (Diluted)	279	280	278	279	236	207
Shares Change (YoY)	0.25%	0.42%	-0.13%	18.16%	13.74%	0.24%
EPS (Basic)	2.96	1.61	2.78	5.12	3.39	2.11
EPS (Diluted)	2.95	1.61	2.77	5.07	3.39	2.11
EPS Growth	55.50%	-41.88%	-45.37%	49.56%	60.66%	28.66%
Free Cash Flow	1,018	-85.69	-1,989	773.93	176.46	189.66
Free Cash Flow Per Share	3.64	-0.31	-7.14	2.78	0.75	0.91
Dividend Per Share	0.760	0.590	1.000	1.630	1.373	-
Dividend Growth	-35.59%	-41.00%	-38.65%	18.72%	-	-
Gross Margin	20.11%	19.49%	21.03%	20.19%	18.82%	16.96%
Operating Margin	7.83%	7.58%	9.35%	12.81%	10.01%	7.90%
Profit Margin	5.83%	3.38%	6.71%	9.77%	8.16%	6.00%
Free Cash Flow Margin	7.20%	-0.64%	-17.32%	5.35%	1.80%	2.60%
EBITDA	1,408	1,307	1,326	2,031	1,120	682
EBITDA Margin	9.95%	9.83%	11.54%	14.05%	11.43%	9.35%
D&A For EBITDA	299.46	299.91	251.26	179.26	139.14	105.82
EBIT	1,108	1,007	1,074	1,852	980.64	576.18
EBIT Margin	7.83%	7.58%	9.35%	12.81%	10.01%	7.90%
Effective Tax Rate	1.69%	-	9.60%	15.13%	14.49%	15.12%
Revenue as Reported	14,145	13,296	11,485	14,460	9,797	7,290
Advertising Expenses	-	29.8	12.24	7.9	9.68	11

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