Shandong Linuo Pharmaceutical Packaging Co., Ltd. (SHE:301188)

SHE:301188 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	1,002	1,055	924.39	767.42	881.32	645.3
Other Revenue	16.77	25.73	22.97	54.6	7.56	14.76
Revenue	1,019	1,081	947.37	822.02	888.88	660.05
Revenue Growth (YoY)	-2.63%	14.09%	15.25%	-7.52%	34.67%	0.58%
Cost of Revenue	831.49	884.89	787.73	646.56	670.42	494.03
Gross Profit	187.27	195.95	159.64	175.47	218.46	166.02
Selling, General & Admin	96.11	87.03	67.7	49.69	49.81	42.62
Research & Development	34.87	33.8	30.13	25.96	32.5	24.26
Other Operating Expenses	3.56	2.59	2.61	5.79	6.29	4.85
Operating Expenses	135.71	124.73	102.68	81.48	90.95	72.02
Operating Income	51.57	71.22	56.96	93.99	127.51	94
Interest Expense	-26.39	-25.81	-9.04	-	-0.99	-2.37
Interest & Investment Income	14.36	18.59	16.27	15.04	6.21	4.88
Currency Exchange Gain (Loss)	2.22	2.04	-0.02	5.62	-2.2	-1.81
Other Non Operating Income (Expenses)	0.18	-0.56	-0.85	0.44	-0.07	-0.28
EBT Excluding Unusual Items	41.94	65.49	63.33	115.08	130.45	94.42
Gain (Loss) on Sale of Investments	1.85	1.45	2.15	1.35	-	-
Gain (Loss) on Sale of Assets	2.6	0.03	0.05	0.47	0.45	0.54
Asset Writedown	-0.65	-0.65	-0.05	-0.01	-0.07	-0.02
Legal Settlements	-	-	-	-	-	-0.1
Other Unusual Items	14.37	5.13	7.33	9.83	9.45	7.3
Pretax Income	60.12	71.45	72.81	126.72	140.27	102.15
Income Tax Expense	4.37	5.38	6.89	10.07	15.49	11.35
Net Income	55.75	66.07	65.92	116.65	124.78	90.8
Net Income to Common	55.75	66.07	65.92	116.65	124.78	90.8
Net Income Growth	-27.64%	0.23%	-43.49%	-6.51%	37.42%	9.58%
Shares Outstanding (Basic)	225	228	235	233	178	175
Shares Outstanding (Diluted)	225	228	235	233	178	175
Shares Change (YoY)	-3.76%	-3.23%	0.91%	30.88%	2.08%	1.15%
EPS (Basic)	0.25	0.29	0.28	0.50	0.70	0.52
EPS (Diluted)	0.25	0.29	0.28	0.50	0.70	0.52
EPS Growth	-24.81%	3.57%	-44.00%	-28.57%	34.62%	8.33%
Free Cash Flow	-86.12	-86.55	-52.04	-115.99	-20.91	13.47
Free Cash Flow Per Share	-0.38	-0.38	-0.22	-0.50	-0.12	0.08
Dividend Per Share	0.100	0.100	0.100	0.200	0.200	-
Dividend Growth	-	-	-50.00%	-	-	-
Gross Margin	18.38%	18.13%	16.85%	21.35%	24.58%	25.15%
Operating Margin	5.06%	6.59%	6.01%	11.43%	14.34%	14.24%
Profit Margin	5.47%	6.11%	6.96%	14.19%	14.04%	13.76%
Free Cash Flow Margin	-8.45%	-8.01%	-5.49%	-14.11%	-2.35%	2.04%
EBITDA	166.29	176.62	139.55	159.27	182.64	141.46
EBITDA Margin	16.32%	16.34%	14.73%	19.38%	20.55%	21.43%
D&A For EBITDA	114.73	105.4	82.59	65.28	55.14	47.46
EBIT	51.57	71.22	56.96	93.99	127.51	94
EBIT Margin	5.06%	6.59%	6.01%	11.43%	14.34%	14.24%
Effective Tax Rate	7.26%	7.53%	9.46%	7.94%	11.04%	11.11%
Revenue as Reported	1,019	1,081	947.37	822.02	888.88	660.05
Advertising Expenses	-	4.42	2.72	0.33	0.58	1.06

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