Yanpai Filtration Technology Co., Ltd. (SHE:301081)

SHE:301081 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	817.55	742.66	679.77	712.71	684.55	559.06
Other Revenue	37.97	41.95	41.71	41.25	24.1	13.21
Revenue	855.51	784.61	721.48	753.96	708.64	572.27
Revenue Growth (YoY)	17.17%	8.75%	-4.31%	6.39%	23.83%	21.24%
Cost of Revenue	649.38	574.77	503.05	576.21	515.35	384.05
Gross Profit	206.13	209.84	218.42	177.75	193.29	188.22
Selling, General & Admin	123.61	110.65	95.8	73.28	61.24	58.86
Research & Development	31.59	31.54	34.09	37.7	25.5	20.12
Other Operating Expenses	6.07	4.41	4.31	4.37	3.37	3.2
Operating Expenses	163.64	154.67	145.55	130.06	95.33	89.27
Operating Income	42.49	55.16	72.87	47.68	97.96	98.95
Interest Expense	-9.47	-6.53	-2.71	-3.28	-4.98	-6.48
Interest & Investment Income	0.33	1.39	3.06	5.31	2.25	1.64
Currency Exchange Gain (Loss)	5.57	1.8	5.65	8.63	-4.53	-4.44
Other Non Operating Income (Expenses)	0.04	-0.56	-1.1	-1.01	-0.4	-1.94
EBT Excluding Unusual Items	38.96	51.27	77.76	57.33	90.3	87.73
Gain (Loss) on Sale of Investments	-0.77	0.05	-	-1.28	-0.43	0.3
Gain (Loss) on Sale of Assets	-	-	-0	-	-	-
Asset Writedown	-0.32	-0.36	-0.47	-0.35	-0.88	-0.34
Other Unusual Items	2.26	0.48	0.32	8.42	1.52	5.58
Pretax Income	40.13	51.43	77.61	64.12	90.5	93.28
Income Tax Expense	8.14	11.01	10.81	-0.04	8.77	11.19
Earnings From Continuing Operations	31.99	40.42	66.8	64.17	81.73	82.09
Minority Interest in Earnings	2.65	1.76	-1.18	-0.48	-0.04	-
Net Income	34.64	42.18	65.62	63.69	81.69	82.09
Net Income to Common	34.64	42.18	65.62	63.69	81.69	82.09
Net Income Growth	-45.16%	-35.72%	3.03%	-22.04%	-0.48%	31.99%
Shares Outstanding (Basic)	205	201	205	205	163	154
Shares Outstanding (Diluted)	238	222	205	205	163	154
Shares Change (YoY)	16.68%	8.26%	-0.19%	25.74%	6.14%	5.19%
EPS (Basic)	0.17	0.21	0.32	0.31	0.50	0.53
EPS (Diluted)	0.15	0.19	0.32	0.31	0.50	0.53
EPS Growth	-53.00%	-40.63%	3.23%	-38.00%	-6.24%	25.48%
Free Cash Flow	-243.53	-105.35	-121.96	-215.6	-5.29	-21.09
Free Cash Flow Per Share	-1.02	-0.47	-0.59	-1.05	-0.03	-0.14
Dividend Per Share	0.300	0.300	0.300	0.250	0.417	-
Dividend Growth	-	-	20.00%	-40.01%	-	-
Gross Margin	24.09%	26.74%	30.27%	23.57%	27.28%	32.89%
Operating Margin	4.97%	7.03%	10.10%	6.32%	13.82%	17.29%
Profit Margin	4.05%	5.38%	9.10%	8.45%	11.53%	14.34%
Free Cash Flow Margin	-28.47%	-13.43%	-16.90%	-28.60%	-0.75%	-3.69%
EBITDA	87.94	91.17	100.51	71.25	114.46	112.77
EBITDA Margin	10.28%	11.62%	13.93%	9.45%	16.15%	19.71%
D&A For EBITDA	45.45	36.01	27.64	23.57	16.5	13.82
EBIT	42.49	55.16	72.87	47.68	97.96	98.95
EBIT Margin	4.97%	7.03%	10.10%	6.32%	13.82%	17.29%
Effective Tax Rate	20.29%	21.41%	13.93%	-	9.69%	11.99%
Revenue as Reported	855.51	784.61	721.48	753.96	708.64	-
Advertising Expenses	-	5.03	3.75	3.07	2.12	2.74

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