Pourin Special Welding Technology Co., Ltd. (SHE:301468)

SHE:301468 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	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	439.73	457.4	601.86	573.75	618.23	550.1
Other Revenue	2.91	2.91	1.9	1.18	0.68	0.38
Revenue	442.64	460.31	603.76	574.93	618.91	550.48
Revenue Growth (YoY)	-26.33%	-23.76%	5.01%	-7.11%	12.43%	25.29%
Cost of Revenue	330.14	333.58	391.62	395.81	381.79	322.02
Gross Profit	112.5	126.73	212.14	179.12	237.12	228.45
Selling, General & Admin	46.11	44.05	30.74	19.99	34.91	29.38
Research & Development	20.19	19.93	27.82	24.94	24.42	18.67
Other Operating Expenses	3.67	4	2.73	5.22	4.13	4.38
Operating Expenses	83.46	81.39	74.55	55.34	69.96	58.79
Operating Income	29.04	45.35	137.59	123.78	167.16	169.66
Interest Expense	-0.02	-	-0.01	-0.21	-0.88	-1.6
Interest & Investment Income	22.57	25.96	10.51	4.56	4.18	1.73
Currency Exchange Gain (Loss)	1.29	1.29	0.33	5.22	8.07	-5.29
Other Non Operating Income (Expenses)	5.56	0.75	-2.07	-0.14	-0.65	-0.39
EBT Excluding Unusual Items	58.44	73.35	146.35	133.21	177.88	164.12
Gain (Loss) on Sale of Investments	6.46	7.19	4.36	0.31	0.4	0.54
Gain (Loss) on Sale of Assets	0.21	0.01	0	-	-	-
Asset Writedown	-1.37	-0.01	-0.01	-0.02	-0.1	-0.14
Other Unusual Items	-0.52	-0.52	0.11	1.14	1.39	2.42
Pretax Income	63.23	80.02	150.82	134.65	179.57	166.94
Income Tax Expense	8.25	10.6	19.78	13.68	25.51	24.43
Net Income	54.97	69.42	131.04	120.96	154.07	142.51
Net Income to Common	54.97	69.42	131.04	120.96	154.07	142.51
Net Income Growth	-57.40%	-47.02%	8.33%	-21.49%	8.11%	104.12%
Shares Outstanding (Basic)	130	131	113	99	99	96
Shares Outstanding (Diluted)	130	131	113	99	99	96
Shares Change (YoY)	8.04%	15.95%	13.93%	0.40%	2.56%	13.09%
EPS (Basic)	0.42	0.53	1.16	1.22	1.56	1.48
EPS (Diluted)	0.42	0.53	1.16	1.22	1.56	1.48
EPS Growth	-60.57%	-54.31%	-4.92%	-21.80%	5.41%	80.49%
Free Cash Flow	-182.69	-109.87	63.92	8.04	116.28	10.35
Free Cash Flow Per Share	-1.40	-0.84	0.57	0.08	1.18	0.11
Dividend Per Share	0.260	0.260	0.500	-	-	0.405
Dividend Growth	-48.00%	-48.00%	-	-	-	-
Gross Margin	25.42%	27.53%	35.14%	31.16%	38.31%	41.50%
Operating Margin	6.56%	9.85%	22.79%	21.53%	27.01%	30.82%
Profit Margin	12.42%	15.08%	21.70%	21.04%	24.89%	25.89%
Free Cash Flow Margin	-41.27%	-23.87%	10.59%	1.40%	18.79%	1.88%
EBITDA	51.18	67.51	159.83	141.77	181.96	179.88
EBITDA Margin	11.56%	14.67%	26.47%	24.66%	29.40%	32.68%
D&A For EBITDA	22.14	22.16	22.23	17.99	14.81	10.22
EBIT	29.04	45.35	137.59	123.78	167.16	169.66
EBIT Margin	6.56%	9.85%	22.79%	21.53%	27.01%	30.82%
Effective Tax Rate	13.05%	13.25%	13.11%	10.16%	14.20%	14.63%
Revenue as Reported	442.64	460.31	603.76	574.93	-	-

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