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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Operating Revenue	448.44	457.4	601.86	573.75	618.23	550.1
Other Revenue	3.13	2.91	1.9	1.18	0.68	0.38
Revenue	451.56	460.31	603.76	574.93	618.91	550.48
Revenue Growth (YoY)	-4.51%	-23.76%	5.01%	-7.11%	12.43%	25.29%
Cost of Revenue	353.97	333.58	391.62	395.81	381.79	322.02
Gross Profit	97.59	126.73	212.14	179.12	237.12	228.45
Selling, General & Admin	50.92	44.05	30.74	19.99	34.91	29.38
Research & Development	20.25	19.93	27.82	24.94	24.42	18.67
Other Operating Expenses	3.53	4	2.73	5.22	4.13	4.38
Operating Expenses	84.67	81.39	74.55	55.34	69.96	58.79
Operating Income	12.92	45.35	137.59	123.78	167.16	169.66
Interest Expense	-0.2	-	-0.01	-0.21	-0.88	-1.6
Interest & Investment Income	19.65	25.96	10.51	4.56	4.18	1.73
Currency Exchange Gain (Loss)	8.3	1.29	0.33	5.22	8.07	-5.29
Other Non Operating Income (Expenses)	-0.24	0.75	-2.07	-0.14	-0.65	-0.39
EBT Excluding Unusual Items	40.43	73.35	146.35	133.21	177.88	164.12
Gain (Loss) on Sale of Investments	7.97	7.19	4.36	0.31	0.4	0.54
Gain (Loss) on Sale of Assets	0.19	0.01	0	-	-	-
Asset Writedown	-0.01	-0.01	-0.01	-0.02	-0.1	-0.14
Other Unusual Items	-0.11	-0.52	0.11	1.14	1.39	2.42
Pretax Income	48.47	80.02	150.82	134.65	179.57	166.94
Income Tax Expense	6.51	10.6	19.78	13.68	25.51	24.43
Net Income	41.97	69.42	131.04	120.96	154.07	142.51
Net Income to Common	41.97	69.42	131.04	120.96	154.07	142.51
Net Income Growth	-55.64%	-47.02%	8.33%	-21.49%	8.11%	104.12%
Shares Outstanding (Basic)	129	131	113	99	99	96
Shares Outstanding (Diluted)	129	131	113	99	99	96
Shares Change (YoY)	-0.58%	15.95%	13.93%	0.40%	2.56%	13.09%
EPS (Basic)	0.32	0.53	1.16	1.22	1.56	1.48
EPS (Diluted)	0.32	0.53	1.16	1.22	1.56	1.48
EPS Growth	-55.38%	-54.31%	-4.92%	-21.80%	5.41%	80.49%
Free Cash Flow	-250.53	-109.87	63.92	8.04	116.28	10.35
Free Cash Flow Per Share	-1.94	-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	21.61%	27.53%	35.14%	31.16%	38.31%	41.50%
Operating Margin	2.86%	9.85%	22.79%	21.53%	27.01%	30.82%
Profit Margin	9.29%	15.08%	21.70%	21.04%	24.89%	25.89%
Free Cash Flow Margin	-55.48%	-23.87%	10.59%	1.40%	18.79%	1.88%
EBITDA	34.15	67.51	159.83	141.77	181.96	179.88
EBITDA Margin	7.56%	14.67%	26.47%	24.66%	29.40%	32.68%
D&A For EBITDA	21.24	22.16	22.23	17.99	14.81	10.22
EBIT	12.92	45.35	137.59	123.78	167.16	169.66
EBIT Margin	2.86%	9.85%	22.79%	21.53%	27.01%	30.82%
Effective Tax Rate	13.42%	13.25%	13.11%	10.16%	14.20%	14.63%
Revenue as Reported	451.56	460.31	603.76	574.93	-	-

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