Zhejiang Chinastars New Materials Group Co., Ltd. (SHE:301077)

SHE:301077 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Jan 1, 2022	Dec 31, 2020
Operating Revenue	781.16	778.61	679.98	722.25	777.11	609.29
Other Revenue	13.79	13.79	17.62	11.09	14.82	12.83
Revenue	794.96	792.4	697.59	733.35	791.93	622.12
Revenue Growth (YoY)	11.67%	13.59%	-4.88%	-7.40%	27.30%	15.41%
Cost of Revenue	537.57	541.77	510.39	552.21	586.81	440.28
Gross Profit	257.38	250.63	187.21	181.13	205.13	181.84
Selling, General & Admin	65.47	64.21	60.72	49.81	53.05	35.05
Research & Development	47.57	46.11	42.56	47.61	45.53	31.78
Other Operating Expenses	0.55	-0.19	2.84	3.36	3.7	3.47
Operating Expenses	113.15	110.13	106.11	101.36	103.57	70.8
Operating Income	144.23	140.5	81.09	79.78	101.56	111.04
Interest Expense	-8.26	-9.1	-14.89	-5.56	-2.7	-1.79
Interest & Investment Income	27.64	27.42	39.66	26.44	7.27	2.34
Currency Exchange Gain (Loss)	3.38	3.38	0.03	2.13	-0.7	-1.94
Other Non Operating Income (Expenses)	-1.37	-1.43	-1.1	0.12	-1.53	-0.57
EBT Excluding Unusual Items	165.62	160.77	104.8	102.9	103.91	109.08
Impairment of Goodwill	-	-	-	-	-	-0
Gain (Loss) on Sale of Investments	0.37	0.49	-0	-	-	0
Gain (Loss) on Sale of Assets	0.52	1.44	1.12	-0.09	46.44	-
Asset Writedown	-0.15	-	-0.01	-0.02	-0.14	-
Other Unusual Items	5.94	5.93	4.18	6.51	3.22	4.58
Pretax Income	172.31	168.64	110.09	109.29	153.43	113.66
Income Tax Expense	21.15	20.55	12.62	11.15	18.44	15.43
Earnings From Continuing Operations	151.15	148.09	97.47	98.14	134.99	98.23
Minority Interest in Earnings	-	-	-	0	-	-
Net Income	151.15	148.09	97.47	98.15	134.99	98.23
Net Income to Common	151.15	148.09	97.47	98.15	134.99	98.23
Net Income Growth	33.50%	51.93%	-0.69%	-27.29%	37.42%	50.40%
Shares Outstanding (Basic)	174	174	176	175	143	132
Shares Outstanding (Diluted)	175	176	176	175	143	132
Shares Change (YoY)	-0.36%	0.05%	0.53%	22.37%	8.54%	0.13%
EPS (Basic)	0.87	0.85	0.55	0.56	0.95	0.75
EPS (Diluted)	0.86	0.84	0.55	0.56	0.95	0.75
EPS Growth	33.98%	51.86%	-1.21%	-40.58%	26.60%	50.34%
Free Cash Flow	150.86	133.92	-19.63	24.53	-35.35	40.31
Free Cash Flow Per Share	0.86	0.76	-0.11	0.14	-0.25	0.31
Dividend Per Share	0.753	0.753	0.388	0.479	0.685	-
Dividend Growth	93.97%	93.97%	-19.00%	-30.00%	-	-
Gross Margin	32.38%	31.63%	26.84%	24.70%	25.90%	29.23%
Operating Margin	18.14%	17.73%	11.63%	10.88%	12.82%	17.85%
Profit Margin	19.01%	18.69%	13.97%	13.38%	17.04%	15.79%
Free Cash Flow Margin	18.98%	16.90%	-2.81%	3.35%	-4.46%	6.48%
EBITDA	170.79	166.53	104.99	100.36	116.57	121.5
EBITDA Margin	21.48%	21.02%	15.05%	13.69%	14.72%	19.53%
D&A For EBITDA	26.56	26.03	23.9	20.58	15.02	10.46
EBIT	144.23	140.5	81.09	79.78	101.56	111.04
EBIT Margin	18.14%	17.73%	11.63%	10.88%	12.82%	17.85%
Effective Tax Rate	12.28%	12.18%	11.46%	10.20%	12.02%	13.57%
Revenue as Reported	794.96	792.4	697.59	733.35	791.93	622.12
Advertising Expenses	-	1.98	1.75	1.46	2.34	2.32

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